Qingdao Topscomm Commun Inc (603421) - Total Assets
Based on the latest financial reports, Qingdao Topscomm Commun Inc (603421) holds total assets worth CN¥3.51 Billion CNY (≈ $513.23 Million USD) as of March 2026. 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. Check total reinvestment intensity of Qingdao Topscomm Commun Inc to assess the company's total reinvestment commitment from operating cash flow.
Qingdao Topscomm Commun Inc - Total Assets Trend (2011–2025)
This chart illustrates how Qingdao Topscomm Commun Inc's total assets have evolved over time, based on quarterly 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 - Asset Composition Analysis
Current Asset Composition (December 2025)
Qingdao Topscomm Commun Inc's total assets of CN¥3.51 Billion consist of 66.7% current assets and 33.3% non-current assets.
| Asset Category | Amount (CNY) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CN¥0.00 | 24.8% |
| Accounts Receivable | CN¥854.43 Million | 22.4% |
| Inventory | CN¥565.92 Million | 14.8% |
| Property, Plant & Equipment | CN¥0.00 | 0.0% |
| Intangible Assets | CN¥72.05 Million | 1.9% |
| Goodwill | CN¥0.00 | 0.0% |
Asset Composition Trend (2011–2025)
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. For live market cap, price, and company overview, see 603421 market cap.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Qingdao Topscomm Commun Inc's current assets represent 66.7% of total assets in 2025, a decrease from 90.9% in 2011.
- Cash Position: Cash and equivalents constituted 24.8% of total assets in 2025, 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 22.4% 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 |
|---|---|---|
|
Shenzhen Everbest Machinery Indus
SHE:002980
|
China | CN¥1.50 Billion |
|
Guangzhou Hexin Instrument Co Ltd
SHG:688622
|
China | CN¥827.96 Million |
|
Huizhong Instrumentation Co Ltd
SHE:300371
|
China | CN¥1.29 Billion |
|
Chengdu Qinchuan IoT Technology Co Ltd
SHG:688528
|
China | CN¥850.85 Million |
|
Crest Group Berhad
KLSE:0323
|
Malaysia | RM108.87 Million |
|
X2M Connect Ltd
AU:X2M
|
Australia | AU$4.78 Million |
|
Codan Ltd
AU:CDA
|
Australia | AU$912.27 Million |
|
Catapult Group International Ltd
AU:CAT
|
Australia | AU$218.31 Million |
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 | 2.13 | 2.24 | 2.37 |
| Quick Ratio | 1.61 | 1.50 | 1.38 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | CN¥1.21 Billion | CN¥1.50 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 | 2.33 |
| Latest Market Cap to Assets Ratio | 0.17 |
| Asset Growth Rate (YoY) | -18.1% |
| Total Assets | CN¥3.81 Billion |
| Market Capitalization | $643.24 Million USD |
Valuation Analysis
Below Book Valuation: The market values Qingdao Topscomm Commun Inc's assets below their book value (0.17x), which may indicate investor concerns about asset quality or future growth.
Significant Asset Reduction: Qingdao Topscomm Commun Inc's assets decreased by 18.1% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for Qingdao Topscomm Commun Inc (2011–2025)
The table below shows the annual total assets of Qingdao Topscomm Commun Inc from 2011 to 2025.
| Year | Total Assets | Change |
|---|---|---|
| 2025-12-31 | CN¥3.81 Billion ≈ $558.10 Million |
-18.13% |
| 2024-12-31 | CN¥4.66 Billion ≈ $681.67 Million |
-21.30% |
| 2023-12-31 | CN¥5.92 Billion ≈ $866.22 Million |
+4.52% |
| 2022-12-31 | CN¥5.66 Billion ≈ $828.76 Million |
+10.75% |
| 2021-12-31 | CN¥5.11 Billion ≈ $748.32 Million |
+16.87% |
| 2020-12-31 | CN¥4.38 Billion ≈ $640.31 Million |
+16.71% |
| 2019-12-31 | CN¥3.75 Billion ≈ $548.65 Million |
+6.85% |
| 2018-12-31 | CN¥3.51 Billion ≈ $513.49 Million |
+29.60% |
| 2017-12-31 | CN¥2.71 Billion ≈ $396.20 Million |
+16.50% |
| 2016-12-31 | CN¥2.32 Billion ≈ $340.10 Million |
+75.45% |
| 2015-12-31 | CN¥1.32 Billion ≈ $193.85 Million |
+26.16% |
| 2014-12-31 | CN¥1.05 Billion ≈ $153.66 Million |
+62.06% |
| 2013-12-31 | CN¥647.95 Million ≈ $94.82 Million |
+51.86% |
| 2012-12-31 | CN¥426.69 Million ≈ $62.44 Million |
+153.26% |
| 2011-12-31 | CN¥168.48 Million ≈ $24.65 Million |
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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