VeriSilicon Microelectronics (Shanghai) Co., Ltd. (SHA:688521)

China · Delayed Price · Currency is CNY

98.19

-10.22 (-9.43%)

Oct 30, 2026, 3:00 PM CST

SHA:688521 Financials Overview

Financials in millions CNY. Fiscal year is January - December.

Millions CNY. Fiscal year is Jan - Dec.

Revenue & Profits

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '26 Sep 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	4,079	3,152	2,322	2,338	2,679	2,139
Revenue Growth	39.37%	35.77%	-0.69%	-12.73%	25.23%	42.04%
Gross Profit	1,246	1,074	923.82	1,043	1,111	856.02
Operating Income	-844.17	-531.22	-604.31	-261.24	17.14	5.62
Net Income	-1,050	-527.81	-600.88	-296.47	73.81	13.29
Earnings Per Share	-2.00	-1.03	-1.20	-0.59	0.15	0.03
EPS Growth	-	-	-	-	400.00%	-

Revenue by Segment

Fiscal Year	FY 2025
Period Ending	Dec '25 Dec 31, 2025
One-Stop Chip Customization Service	2,366
Semiconductor IP Authorization Service	782.16
Others	4.04
Total	3,152

Cash & Debt

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '26 Sep 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Cash & Investments	2,513	2,982	859.21	1,089	865.76	1,805
Total Debt	1,631	1,642	1,226	797.02	399.64	46.87
Net Cash (Debt)	882.41	1,339	-366.91	291.89	466.13	1,758
Net Cash Growth	23.11%	-	-	-37.38%	-73.48%	-7.37%
Net Cash Per Share	1.68	2.61	-0.73	0.58	0.95	3.97

Cash Flow & CapEx

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '26 Sep 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Operating Cash Flow	1,296	-221.69	-345.99	-8.52	-329.46	155.23
Capital Expenditures	-186.94	-251.07	-143.63	-115.44	-843.6	-136.04
Free Cash Flow	1,109	-472.76	-489.62	-123.97	-1,173	19.19
Free Cash Flow Growth	-	-	-	-	-	-

Margins

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '26 Sep 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Gross Margin	30.55%	34.08%	39.79%	44.60%	41.49%	40.01%
Operating Margin	-20.70%	-16.85%	-26.03%	-11.17%	0.64%	0.26%
Pretax Margin	-25.36%	-16.28%	-25.06%	-11.52%	3.50%	1.13%
Profit Margin	-25.75%	-16.74%	-25.88%	-12.68%	2.76%	0.62%
FCF Margin	27.19%	-15.00%	-21.09%	-5.30%	-43.79%	0.90%

Valuation

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Oct '26 Oct 31, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
PE Ratio	-	-	-	-	297.18	2881.82
Forward PE	117.93	153.90	113.98	118.82	124.60	286.40
P/FCF Ratio	46.56	-	-	-	-	1996.27
PS Ratio	12.66	22.85	11.30	10.68	8.19	17.91