Qingdao Topscomm Commun Inc (603421) - Cash Flow Conversion Efficiency

Latest as of September 2025: 0.014x

Based on the latest financial reports, Qingdao Topscomm Commun Inc (603421) has a cash flow conversion efficiency ratio of 0.014x as of September 2025. Cash flow conversion efficiency measures how effectively a company's net assets (equity) generate operating cash flow. It is calculated by dividing operating cash flow (CN¥40.47 Million ≈ $5.92 Million USD) by net assets (CN¥2.80 Billion ≈ $409.84 Million USD). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations. See Qingdao Topscomm Commun Inc (603421) defensive interval to measure how many days the company can operate on defensive assets alone.

Qingdao Topscomm Commun Inc - Cash Flow Conversion Efficiency Trend (2011–2025)

This chart illustrates how Qingdao Topscomm Commun Inc's cash flow conversion efficiency has evolved over time, based on yearly financial data.

Qingdao Topscomm Commun Inc Competitors by Cash Flow Conversion Efficiency

The table below lists competitors of Qingdao Topscomm Commun Inc ranked by their cash flow conversion efficiency.

Company	Cash Flow Conversion Efficiency
Hubei Sanxia New Building Materials Co Ltd SHG:600293	-0.007x
Sunmax Biotechnology Co Ltd TWO:4728	0.111x
Guangdong Huafeng New Energy Technology Co Ltd SHE:002806	-0.044x
Shandong Daye Co Ltd Class A SHG:603278	0.074x
Tiptree Inc NASDAQ:TIPT	-0.024x
Ways Electron Co Ltd SHG:605218	0.005x
Wagners Holding Company Ltd AU:WGN	0.157x
PPC Ltd JSE:PPC	0.136x

Annual Cash Flow Conversion Efficiency for Qingdao Topscomm Commun Inc (2011–2025)

The table below shows the annual cash flow conversion efficiency of Qingdao Topscomm Commun Inc from 2011 to 2025. For the full company profile with market capitalisation and key ratios, see 603421 market cap.

Year	Net Assets	Operating Cash Flow	Cash Flow Conversion Efficiency	Change
2025-12-31	CN¥2.50 Billion ≈ $365.89 Million	CN¥45.01 Million ≈ $6.59 Million	0.018x	-75.80%
2024-12-31	CN¥3.14 Billion ≈ $459.04 Million	CN¥233.34 Million ≈ $34.15 Million	0.074x	-11.90%
2023-12-31	CN¥3.42 Billion ≈ $500.33 Million	CN¥288.69 Million ≈ $42.24 Million	0.084x	+198.73%
2022-12-31	CN¥3.32 Billion ≈ $486.38 Million	CN¥-284.26 Million ≈ $-41.60 Million	-0.086x	-172.06%
2021-12-31	CN¥3.25 Billion ≈ $475.98 Million	CN¥386.05 Million ≈ $56.49 Million	0.119x	+179.15%
2020-12-31	CN¥3.16 Billion ≈ $461.94 Million	CN¥134.22 Million ≈ $19.64 Million	0.043x	+39.55%
2019-12-31	CN¥3.02 Billion ≈ $441.45 Million	CN¥91.91 Million ≈ $13.45 Million	0.030x	-47.89%
2018-12-31	CN¥2.60 Billion ≈ $380.01 Million	CN¥151.83 Million ≈ $22.22 Million	0.058x	+536.90%
2017-12-31	CN¥2.12 Billion ≈ $309.51 Million	CN¥-28.30 Million ≈ $-4.14 Million	-0.013x	-109.14%
2016-12-31	CN¥1.95 Billion ≈ $285.63 Million	CN¥285.75 Million ≈ $41.81 Million	0.146x	+25.37%
2015-12-31	CN¥1.07 Billion ≈ $157.01 Million	CN¥125.29 Million ≈ $18.33 Million	0.117x	-67.49%
2014-12-31	CN¥848.58 Million ≈ $124.17 Million	CN¥304.83 Million ≈ $44.61 Million	0.359x	-7.97%
2013-12-31	CN¥523.17 Million ≈ $76.56 Million	CN¥204.21 Million ≈ $29.88 Million	0.390x	-22.41%
2012-12-31	CN¥310.19 Million ≈ $45.39 Million	CN¥156.03 Million ≈ $22.83 Million	0.503x	+31.81%
2011-12-31	CN¥114.02 Million ≈ $16.68 Million	CN¥43.51 Million ≈ $6.37 Million	0.382x	--

About Qingdao Topscomm Commun Inc

SHG:603421 China Scientific & Technical Instruments

Market Cap

$643.24 Million

CN¥4.40 Billion CNY

Market Cap Rank

#11170 Global

#3185 in China

Share Price

CN¥6.74

Change (1 day)

+1.51%

52-Week Range

CN¥6.13 - CN¥10.57

All Time High

CN¥40.24