What is Shanghai V-Test Semiconductor Tech. Co., Ltd.'s (688372.SS) StockRank?

MoatMap's StockRank for Shanghai V-Test Semiconductor Tech. Co., Ltd. (688372.SS) is 43/100, with a Hold signal. This is a composite score combining Quality (39), Value (25), and Momentum (70) factor ranks across MoatMap's 19,000+ stock universe.

Does Shanghai V-Test Semiconductor Tech. Co., Ltd. have an economic moat?

Shanghai V-Test Semiconductor Tech. Co., Ltd. (688372.SS) has a Quality factor score of 39/100. The Quality factor combines ROIC, Piotroski F-Score, and leverage — the financial fingerprints of a durable competitive advantage. A Quality score above 70 typically indicates a company with the financial characteristics of a moated business.

Is Shanghai V-Test Semiconductor Tech. Co., Ltd. a buy, hold, or sell?

MoatMap's current signal for Shanghai V-Test Semiconductor Tech. Co., Ltd. (688372.SS) is Hold, based on a StockRank of 43/100. Signals are derived mechanically from the StockRank composite and should be one input among many — combine with your own thesis on management, competitive position, and valuation.

What sector is Shanghai V-Test Semiconductor Tech. Co., Ltd. in?

Shanghai V-Test Semiconductor Tech. Co., Ltd. (688372.SS) operates in the Technology sector, specifically the Semiconductors industry (China).

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688372.SS

HOLDFLAG

Shanghai V-Test Semiconductor Tech. Co., Ltd. · Technology · China · $3.8B · Avg Vol: $219M/d

StockRank

P/E (TTM)

70.3x

ROE

10.2%

D/E

0.9x

Dividend %

0.4%

Director Trades · 180d

None in 180d →

Buybacks · 180d

None in 180d →

AI CONVICTION THESIS

Shanghai V-Test Semiconductor provides testing services that are increasingly critical as advanced packaging (CoWoS/HBM) complexity rises. However, its relatively low quality score (Q: 39) and capital-intensive business model keep us on the sidelines for now.

COMPANY DESCRIPTION

Shanghai V-Test Semiconductor Tech. Co., Ltd. is a leading independent third-party semiconductor testing service provider, offering wafer testing and final chip testing. The company has established a strong competitive moat through its advanced testing platforms capable of handling high-end chips like CPUs, GPUs, and 5G RF devices. It is a key beneficiary of China's semiconductor localization, operating as a pure-play testing specialist with high capital expenditure barriers.

FINANCIAL SUMMARY

Year	2022	2023	2024	2025	CAGR
Revenue	108M	109M	159M	233M	29.0%
EPS	0.31	0.15	0.13	0.30	-0.7%
Shares	147M	113M	114M	149M	+1.1%
Debt	116M	112M	257M	581M	71.2%
Equity	352M	363M	387M	439M	7.6%
Op CF	74M	68M	92M	104M	12.2%
Inv CF	-217M	-101M	-210M	-429M	—
Fin CF	218M	-26M	135M	313M	—

PRICE (1M)+2.3%

SMA 50SMA 200

$23.50

RSI (14)

39.4

52W High

$27.05

From 52W High

0.9%

SCORE BREAKDOWN

Quality

ROIC

6.1%46.9

ROE

10.2%60.5

GP/Assets

9.1%18.5

Op. Margin

20.5%83.4

FCF/Assets

-40.6%2.2

Piotroski

—79.6

Int. Cover

6.0x42.8

D/E Ratio

0.88x16.0

Current Ratio

1.02x10.9

Value

P/E (TTM)

70.3x27.8

EV/EBITDA

31.7x28.4

P/FCF

—N/A

P/B

6.3x25.4

P/S

14.9x13.6

Div Yield

0.4%23.9

Momentum

52W High %

87%74.6

RS 6M

60%81.3

SMA 50/200

1.32x79.5

EPS Rev 4W

—N/A

EPS Rev 12W

—N/A

EPS Improve

+28%25.1

Q Growth

173%85.5

FUNDAMENTALS

Market Cap

$3.8B

P/E (Forward)

54.7x

Gross Margin

39.2%

SECTOR PEERS

Closest peers in Technology, ranked by industry match, size, and score similarity. Cross-listings of 688372.SS are excluded.

Ticker	Company	Mkt Cap	StockRank	Signal
688372.SS	Shanghai V-Test Semiconductor Tech. Co., Ltd.(you)	$3.8B	43	HOLD
688123.SS	Giantec Semiconductor Corporation	$3.1B	43	HOLD
688403.SS	Union Semiconductor (Hefei) Co., Ltd.	$3.1B	41	HOLD
688279.SS	Fortior Technology (Shenzhen) Co., Ltd.	$3.7B	36	HOLD
688484.SS	Southchip Semiconductor Technology(Shanghai) Co., Ltd.	$2.7B	42	HOLD
603005.SS	China Wafer Level CSP Co., Ltd.	$4.0B	52	HOLD
688368.SS	Shanghai Bright Power Semiconductor Co., Ltd.	$4.7B	49	HOLD
300456.SZ	Sai MicroElectronics Inc.	$5.4B	39	HOLD
300458.SZ	Allwinner Technology Co.,Ltd.	$5.1B	49	HOLD
688018.SS	Espressif Systems (Shanghai) Co., Ltd.	$4.1B	53	HOLD

Peer medians: ROE 3.8% · P/E 77.4x · Gross margin 25.9%

Shanghai V-Test Semiconductor Tech. Co., Ltd. (688372.SS) — Stock Score Summary

Shanghai V-Test Semiconductor Tech. Co., Ltd. (688372.SS) has a MoatMap StockRank of 43/100 based on Quality (39/100), Value (25/100), and Momentum (70/100) factor scores. The current signal is HOLD. Shanghai V-Test Semiconductor provides testing services that are increasingly critical as advanced packaging (CoWoS/HBM) complexity rises. However, its relatively low quality score (Q: 39) and capital-intensive business model keep us on the sidelines for now.

Key Financial Metrics

Price	$23.50
Market Cap	$3.8B
P/E (TTM)	70.31
P/E (Forward)	54.74
Price/Book	6.35
Return on Equity	10.2%
Return on Invested Capital	6.1%
Debt/Equity	87.67
Gross Margin	39.2%
Operating Margin	20.5%
Revenue Growth	71.8%
Dividend Yield	0.4%
Free Cash Flow	$-68M

Shanghai V-Test Semiconductor Tech. Co., Ltd. operates in the Semiconductors industry, part of the Technology sector (China).

Frequently Asked Questions

What is Shanghai V-Test Semiconductor Tech. Co., Ltd.’s (688372.SS) StockRank?: MoatMap’s StockRank for Shanghai V-Test Semiconductor Tech. Co., Ltd. (688372.SS) is 43/100, with a Hold signal. It is a composite of Quality (39), Value (25), and Momentum (70) factor ranks across MoatMap’s 19,000+ stock universe.
Does Shanghai V-Test Semiconductor Tech. Co., Ltd. have an economic moat?: Shanghai V-Test Semiconductor Tech. Co., Ltd. (688372.SS) has a Quality factor score of 39/100. The Quality factor combines ROIC, Piotroski F-Score, and leverage — the financial fingerprints of a durable competitive advantage. A Quality score above 70 typically indicates a company with the characteristics of a moated business.
Is Shanghai V-Test Semiconductor Tech. Co., Ltd. a buy, hold, or sell?: MoatMap’s current signal for Shanghai V-Test Semiconductor Tech. Co., Ltd. (688372.SS) is Hold, based on a StockRank of 43/100. Signals are derived mechanically from the StockRank composite and should be one input among many — combine with your own thesis on management, competitive position, and valuation.
What sector is Shanghai V-Test Semiconductor Tech. Co., Ltd. in?: Shanghai V-Test Semiconductor Tech. Co., Ltd. (688372.SS) operates in the Technology sector, specifically the Semiconductors industry (China).