Shanghai V-Test Semiconductor Tech Co. Ltd. A (688372) — Financial Flexibility Index
Shanghai V-Test Semiconductor Tech Co. Ltd. A (688372) has a Financial Flexibility Index of 0.77x as of December 2025. Free cash flow of CN¥3.65 Billion (operating CF CN¥706.08 Million minus capex CN¥2.95 Billion) represents 1% of total liabilities (CN¥4.76 Billion). Check 688372 cash flow reinvestment rate to assess the company's total reinvestment commitment from operating cash flow.
Financial Flexibility Index
Free Cash Flow
Total Liabilities
Capital Expenditures
Shanghai V-Test Semiconductor Tech Co. Ltd. A Financial Flexibility Index (2020–2025)
Historical Financial Flexibility Index trend for Shanghai V-Test Semiconductor Tech Co. Ltd. A across 6 annual periods. For the full cash flow conversion analysis, see Shanghai V-Test Semiconductor Tech Co. L (688372) cash conversion ratio.
Annual Financial Flexibility Index for Shanghai V-Test Semiconductor Tech Co. Ltd. A (2020–2025)
Year-by-year free cash flow to debt coverage for Shanghai V-Test Semiconductor Tech Co. Ltd. A. Explore 688372 debt coverage from operations to assess how comfortably operating cash covers total debt obligations.
| Year | Flexibility Index | Free Cash Flow (CNY) | Operating CF | Total Liabilities | YoY Change |
|---|---|---|---|---|---|
| 2025 | 0.77x | CN¥3.65 Billion | CN¥706.08 Million | CN¥4.76 Billion | ▼ -16.1% |
| 2024 | 0.92x | CN¥2.10 Billion | CN¥621.81 Million | CN¥2.30 Billion | ▼ -37.5% |
| 2023 | 1.47x | CN¥1.68 Billion | CN¥462.55 Million | CN¥1.15 Billion | ▲ +13.2% |
| 2022 | 1.29x | CN¥1.30 Billion | CN¥499.74 Million | CN¥1.01 Billion | ▼ -6.3% |
| 2021 | 1.38x | CN¥926.27 Million | CN¥252.32 Million | CN¥670.40 Million | ▲ +89.5% |
| 2020 | 0.73x | CN¥220.63 Million | CN¥75.45 Million | CN¥302.56 Million | — |