Qingdao Topscomm Commun Inc (603421) - Cash Flow Conversion Efficiency
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.
Qingdao Topscomm Commun Inc - Cash Flow Conversion Efficiency Trend (2011–2024)
This chart illustrates how Qingdao Topscomm Commun Inc's cash flow conversion efficiency has evolved over time, based on yearly financial data. Read debt load of Qingdao Topscomm Commun Inc for a breakdown of total debt and financial obligations.
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 |
|---|---|
|
Tungkong Inc
SHE:002117
|
0.053x |
|
Nantong Chaoda Equipment Co.Ltd.
SHE:301186
|
0.046x |
|
Rpmglobal Holdings Ltd
AU:RUL
|
0.126x |
|
Compass Pathways Plc
NASDAQ:CMPS
|
-0.926x |
|
Talant Optronics (Suzhou) Co. Ltd.
SHE:301045
|
N/A |
|
Carasso
TA:CRSO
|
0.003x |
|
Jiangsu Luokai Mechanical & Electrical Co Ltd Class A
SHG:603829
|
0.161x |
|
Apogee Enterprises Inc
NASDAQ:APOG
|
0.057x |
Annual Cash Flow Conversion Efficiency for Qingdao Topscomm Commun Inc (2011–2024)
The table below shows the annual cash flow conversion efficiency of Qingdao Topscomm Commun Inc from 2011 to 2024. 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 |
|---|---|---|---|---|
| 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
Qingdao Topscomm Communication Inc., together with its subsidiaries, engages in the research and development, production, sale, and service of low-voltage power line carrier communication and fire protection products in Mainland China and internationally. It offers photovoltaic four-phase, inverters, smart microgrids, and liquid flow energy storage solutions. The company also provides electric en… Read more