Shanghai V-Test Semiconductor Tech Co. Ltd. A (688372) — Cash Flow Quality Index
Shanghai V-Test Semiconductor Tech Co. Ltd. A (688372) has a Cash Flow Quality Index of 2.33x as of December 2025. Operating cash flow of CN¥706.08 Million exceeds net income of CN¥303.20 Million, indicating high earnings quality where cash backs reported profits. Explore cash flow to debt ratio of Shanghai V-Test Semiconductor Tech Co. L to assess how comfortably operating cash covers total debt obligations.
Cash Flow Quality Index
Operating Cash Flow
Net Income
Data as of
Shanghai V-Test Semiconductor Tech Co. Ltd. A Cash Flow Quality Index (2020–2025)
Historical Cash Flow Quality Index for Shanghai V-Test Semiconductor Tech Co. Ltd. A across 6 annual periods. Values consistently above 1.0x indicate high-quality earnings. For the full cash flow conversion analysis, see Shanghai V-Test Semiconductor Tech Co. L (688372) cash flow conversion.
Annual Cash Flow Quality Index for Shanghai V-Test Semiconductor Tech Co. Ltd. A (2020–2025)
Year-by-year earnings quality comparison for Shanghai V-Test Semiconductor Tech Co. Ltd. A.
| Year | Quality Index | Operating CF (CNY) | Net Income | YoY Change |
|---|---|---|---|---|
| 2025 | 2.33x | CN¥706.08 Million | CN¥303.20 Million | ▼ -51.9% |
| 2024 | 4.84x | CN¥621.81 Million | CN¥128.42 Million | ▲ +23.5% |
| 2023 | 3.92x | CN¥462.55 Million | CN¥118.00 Million | ▲ +90.9% |
| 2022 | 2.05x | CN¥499.74 Million | CN¥243.33 Million | ▲ +7.6% |
| 2021 | 1.91x | CN¥252.32 Million | CN¥132.18 Million | ▼ -11.8% |
| 2020 | 2.17x | CN¥75.45 Million | CN¥34.85 Million | — |