The power flow calculation of the multiterminal high voltage direct current (MTDC) system is essential for planning sustainable energy sources and power flow analysis for the MTDC system. However, the traditional unified methods require a large system of non-linear equations leading to low calculational efficiency. Also, for a large DC grid, there is a concern about the convergence of sequential methods. This paper proposes a general power flow calculation method for voltage source converter (VSC) based MTDC systems. Based on an extended topology of an AC grid, a generalized calculation model of the MTDC power flow is proposed. Then, a novel sensitivity analysis-based power flow (SAPF) method is proposed, in which the state variables of the extended AC grid are calculated via sensitivity analysis. With a smaller system of equations, the proposed SAPF method has less computational burden than the traditional unified methods and causes no convergence problem compared to sequential methods. To further improve the calculational efficiency, the sensitivitybased variable updating is adopted to accelerate the iterative process. By comparing with the existing methods in calculating power flow for different MTDC systems, including large systems with multiple AC/DC grids, the effectiveness and scalability of the proposed methods are verified.