Qingdao Topscomm Commun Inc (SHG:603421) — Market Cap & Net Worth
Market Cap & Net Worth: Qingdao Topscomm Commun Inc (603421)
Qingdao Topscomm Commun Inc (SHG:603421) has a market capitalization of $781.62 Million (CN¥5.34 Billion) as of May 2, 2026. Listed on the SHG stock exchange, this China-based company holds position #10272 globally and #2962 in its home market, demonstrating a -1.21% decrease in market value over the past year.
Market capitalization, also known as net worth in stock markets, is calculated by multiplying Qingdao Topscomm Commun Inc's stock price CN¥8.19 by its total outstanding shares 652190511 (652.19 Million). Analyse Qingdao Topscomm Commun Inc cash flow conversion to see how efficiently the company converts income to cash.
Qingdao Topscomm Commun Inc Market Cap History: 2016 to 2026
Qingdao Topscomm Commun Inc's market capitalization history from 2016 to 2026. Data shows change from $2.58 Billion to $781.62 Million (-5.14% CAGR).
Qingdao Topscomm Commun Inc Market Cap to Earnings & Revenue Ratios Timeline
This chart shows how Qingdao Topscomm Commun Inc's valuation ratios have evolved. The Price to Sales (P/S) ratio compares market cap to revenue, while the Price to Earnings (P/E) ratio compares market cap to net income. Lower values may indicate a more undervalued company relative to its financial performance.
Latest Price to Sales (P/S) Ratio
0.22x
Qingdao Topscomm Commun Inc's market cap is 0.22 times its annual revenue
Latest Price to Earnings (P/E) Ratio
N/A
P/E ratio not applicable due to negative or zero earnings
What These Ratios Tell Investors:
- Price to Sales (P/S) Ratio: Shows how much investors are paying for each dollar of the company's sales. Lower P/S ratios may indicate undervaluation.
- Price to Earnings (P/E) Ratio: Shows how much investors are paying for each dollar of the company's earnings. This is one of the most common valuation metrics.
- Trends in these ratios over time can indicate changing investor sentiment about the company's future growth prospects.
- Industry comparison provides context for whether the company is valued higher or lower than peers.
| Year | Market Cap (USD) | Revenue (USD) | Net Income (USD) | P/S Ratio | P/E Ratio |
|---|---|---|---|---|---|
| 2016 | $2.58 Billion | $1.39 Billion | $310.91 Million | 1.86x | 8.31x |
| 2017 | $1.65 Billion | $1.51 Billion | $301.80 Million | 1.09x | 5.46x |
| 2018 | $1.39 Billion | $1.74 Billion | $203.93 Million | 0.80x | 6.83x |
| 2019 | $1.14 Billion | $1.81 Billion | $161.95 Million | 0.63x | 7.03x |
| 2020 | $863.61 Million | $2.10 Billion | $181.06 Million | 0.41x | 4.77x |
| 2021 | $800.16 Million | $2.82 Billion | $156.63 Million | 0.28x | 5.11x |
| 2022 | $794.55 Million | $3.11 Billion | $118.68 Million | 0.26x | 6.69x |
| 2023 | $897.10 Million | $3.63 Billion | $131.22 Million | 0.25x | 6.84x |
| 2024 | $680.46 Million | $3.09 Billion | -$242.39 Million | 0.22x | N/A |
Competitor Companies of 603421 by Market Capitalization
Companies near Qingdao Topscomm Commun Inc in the global market cap rankings as of May 2, 2026.
Key companies related to Qingdao Topscomm Commun Inc by market ranking:
- Coherent Inc (NYSE:COHR): Ranked #490 globally with a market cap of $53.28 Billion USD.
- Garmin Ltd (NYSE:GRMN): Ranked #559 globally with a market cap of $46.66 Billion USD.
- Garmin Ltd (F:GEY): Ranked #657 globally with a market cap of $40.34 Billion USD ( €34.50 Billion EUR).
- Keysight Technologies Inc (NYSE:KEYS): Ranked #736 globally with a market cap of $35.96 Billion USD.
| Rank | Company | Symbol | Market Cap | Price |
|---|---|---|---|---|
| #490 | Coherent Inc | NYSE:COHR | $53.28 Billion | $329.50 |
| #559 | Garmin Ltd | NYSE:GRMN | $46.66 Billion | $242.42 |
| #657 | Garmin Ltd | F:GEY | $40.34 Billion | €212.10 |
| #736 | Keysight Technologies Inc | NYSE:KEYS | $35.96 Billion | $352.41 |
Qingdao Topscomm Commun Inc Historical Marketcap From 2016 to 2026
Between 2016 and today, Qingdao Topscomm Commun Inc's market cap moved from $2.58 Billion to $ 781.62 Million, with a yearly change of -5.14%.
| Year | Market Cap | Change (%) |
|---|---|---|
| 2026 | CN¥781.62 Million | +14.39% |
| 2025 | CN¥683.32 Million | +0.42% |
| 2024 | CN¥680.46 Million | -24.15% |
| 2023 | CN¥897.10 Million | +12.91% |
| 2022 | CN¥794.55 Million | -0.70% |
| 2021 | CN¥800.16 Million | -7.35% |
| 2020 | CN¥863.61 Million | -24.18% |
| 2019 | CN¥1.14 Billion | -18.26% |
| 2018 | CN¥1.39 Billion | -15.43% |
| 2017 | CN¥1.65 Billion | -36.24% |
| 2016 | CN¥2.58 Billion | -- |
End of Day Market Cap According to Different Sources
On May 2nd, 2026 the market cap of Qingdao Topscomm Commun Inc was reported to be:
| Source | Market Cap |
|---|---|
| Yahoo Finance | $781.62 Million USD |
| MoneyControl | $781.62 Million USD |
| MarketWatch | $781.62 Million USD |
| marketcap.company | $781.62 Million USD |
| Reuters | $781.62 Million USD |
Market cap values may vary slightly between sources due to differences in calculation methods, timing, and data refresh rates.
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