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
Qingdao Topscomm Commun Inc (603421) - Total Assets
Latest total assets as of September 2025: CN¥3.87 Billion CNY
Based on the latest financial reports, Qingdao Topscomm Commun Inc (603421) holds total assets worth CN¥3.87 Billion CNY as of September 2025.
Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments.
Qingdao Topscomm Commun Inc - Total Assets Trend (2011–2024)
This chart illustrates how Qingdao Topscomm Commun Inc’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Qingdao Topscomm Commun Inc - Asset Composition Analysis
Current Asset Composition (December 2024)
Qingdao Topscomm Commun Inc's total assets of CN¥3.87 Billion consist of 64.8% current assets and 35.2% non-current assets.
| Asset Category | Amount (CNY) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CN¥0.00 | 13.5% |
| Accounts Receivable | CN¥1.44 Billion | 30.8% |
| Inventory | CN¥887.73 Million | 19.1% |
| Property, Plant & Equipment | CN¥0.00 | 0.0% |
| Intangible Assets | CN¥75.19 Million | 1.6% |
| Goodwill | CN¥0.00 | 0.0% |
Asset Composition Trend (2011–2024)
This chart illustrates how Qingdao Topscomm Commun Inc's asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Qingdao Topscomm Commun Inc's current assets represent 64.8% of total assets in 2024, a decrease from 90.9% in 2011.
- Cash Position: Cash and equivalents constituted 13.5% of total assets in 2024, down from 24.9% in 2011.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 1.0% of total assets, a decrease from 2.0% in 2011.
- Asset Diversification: The largest asset category is accounts receivable at 30.8% of total assets.
Qingdao Topscomm Commun Inc Competitors by Total Assets
Key competitors of Qingdao Topscomm Commun Inc based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Beijing BDStar Navigation Co Ltd
SHE:002151
|
China | CN¥6.56 Billion |
|
Oriental Times Media Corp
SHE:002175
|
China | CN¥983.41 Million |
|
Changchun UP Optotech Co Ltd
SHE:002338
|
China | CN¥2.50 Billion |
|
Nanjing Sciyon Automation Group Co Ltd
SHE:002380
|
China | CN¥3.87 Billion |
|
Jiangsu Changfa Refrigeration Co Ltd
SHE:002413
|
China | CN¥5.09 Billion |
|
Wuhan Guide Infrared Co Ltd
SHE:002414
|
China | CN¥10.53 Billion |
|
Shenzhen Jieshun Science and Technology Industry Co Ltd
SHE:002609
|
China | CN¥3.99 Billion |
|
Beijing SDL Technology Co Ltd
SHE:002658
|
China | CN¥3.08 Billion |
Qingdao Topscomm Commun Inc - Asset Efficiency Metrics
Asset efficiency metrics measure how effectively a company uses its assets to generate revenue and profits. These indicators help investors evaluate management's ability to deploy capital efficiently.
Asset Turnover Ratio
Measures how efficiently a company uses its assets to generate sales
Moderate asset utilization - Qingdao Topscomm Commun Inc generates 0.66x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - Qingdao Topscomm Commun Inc is currently not profitable relative to its asset base.
Qingdao Topscomm Commun Inc - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 2.46 | 2.17 | 2.33 |
| Quick Ratio | 1.67 | 1.39 | 1.56 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | CN¥1.51 Billion | CN¥ 1.97 Billion | CN¥ 1.59 Billion |
Qingdao Topscomm Commun Inc - Advanced Valuation Insights
This section examines the relationship between Qingdao Topscomm Commun Inc's asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.
Key Valuation Metrics
| Current Price-to-Book Ratio | 1.90 |
| Latest Market Cap to Assets Ratio | 0.05 |
| Asset Growth Rate (YoY) | -21.3% |
| Total Assets | CN¥4.66 Billion |
| Market Capitalization | $248.10 Million USD |
Valuation Analysis
Below Book Valuation: The market values Qingdao Topscomm Commun Inc's assets below their book value (0.05 x), which may indicate investor concerns about asset quality or future growth.
Significant Asset Reduction: Qingdao Topscomm Commun Inc's assets decreased by 21.3% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for Qingdao Topscomm Commun Inc (2011–2024)
The table below shows the annual total assets of Qingdao Topscomm Commun Inc from 2011 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥4.66 Billion | -21.30% |
| 2023-12-31 | CN¥5.92 Billion | +4.52% |
| 2022-12-31 | CN¥5.66 Billion | +10.75% |
| 2021-12-31 | CN¥5.11 Billion | +16.87% |
| 2020-12-31 | CN¥4.38 Billion | +16.71% |
| 2019-12-31 | CN¥3.75 Billion | +6.85% |
| 2018-12-31 | CN¥3.51 Billion | +29.60% |
| 2017-12-31 | CN¥2.71 Billion | +16.50% |
| 2016-12-31 | CN¥2.32 Billion | +75.45% |
| 2015-12-31 | CN¥1.32 Billion | +26.16% |
| 2014-12-31 | CN¥1.05 Billion | +62.06% |
| 2013-12-31 | CN¥647.95 Million | +51.86% |
| 2012-12-31 | CN¥426.69 Million | +153.26% |
| 2011-12-31 | CN¥168.48 Million | -- |