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 603421 net asset quality index to measure how much of total assets are equity-financed.

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. Check 603421 operating cash flow to net income to evaluate the quality of earnings relative to operating cash generation.

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
SANTANDER UK 8 5/8% NON-CUM STLG PRF LSE:SANB	0.003x
Nextdoor Holdings Inc NYSE:KIND	0.007x
ARS Pharmaceuticals, Inc NASDAQ:SPRY	-0.381x
Ennis Inc NYSE:EBF	0.054x
Guangdong Champion Asia Electronics Co Ltd SHG:603386	0.061x
Beyond, Inc. NASDAQ:BYON	0.121x
Start Group SHG:600734	-0.075x
Goodluck India Limited NSE:GOODLUCK	0.037x

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 Qingdao Topscomm Commun Inc market capitalisation.

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

$542.08 Million

CN¥3.70 Billion CNY

Market Cap Rank

#11685 Global

#3285 in China

Share Price

CN¥5.68

Change (1 day)

+3.46%

52-Week Range

CN¥5.17 - CN¥10.57

All Time High

CN¥40.24