Qingdao Topscomm Communication Inc. (SHA:603421)

China · Delayed Price · Currency is CNY

7.64

-0.38 (-4.74%)

Sep 14, 2026, 11:30 AM CST

SHA:603421 Financials Overview

Financials in millions CNY. Fiscal year is January - December.

Millions CNY. Fiscal year is Jan - Dec.

Revenue & Profits

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	1,251	1,503	3,086	3,633	3,115	2,821
Revenue Growth	-46.87%	-51.31%	-15.04%	16.62%	10.41%	34.24%
Gross Profit	160.81	249.69	969.96	1,476	1,290	1,158
Operating Income	-595.66	-618.59	-197.72	174.9	129.62	156.37
Net Income	-615.64	-636.57	-242.39	131.22	118.68	156.63
Earnings Per Share	-0.94	-0.98	-0.37	0.20	0.18	0.24
EPS Growth	-	-	-	11.11%	-25.00%	-14.29%

Revenue by Segment

Fiscal Year	FY 2025
Period Ending	Dec '25 Dec 31, 2025
Electric Electronic Products	1,145
Firefighting Products	275.13
Total	1,420

Cash & Debt

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Cash & Investments	836.2	947.83	631.92	754.54	395.74	457.73
Total Debt	600.56	661.67	578.79	791.83	551.63	62.61
Net Cash (Debt)	235.63	286.16	53.13	-37.29	-155.9	395.12
Net Cash Growth	-	438.63%	-	-	-	56.24%
Net Cash Per Share	0.36	0.44	0.08	-0.06	-0.24	0.61

Cash Flow & CapEx

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Operating Cash Flow	214.56	45.01	233.34	288.69	-284.26	386.05
Capital Expenditures	-5.24	-9.95	-26.85	-84.36	-199.81	-158.05
Free Cash Flow	209.33	35.06	206.49	204.33	-484.07	228
Free Cash Flow Growth	17.79%	-83.02%	1.06%	-	-	-

Margins

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Gross Margin	12.86%	16.61%	31.43%	40.64%	41.41%	41.03%
Operating Margin	-47.63%	-41.16%	-6.41%	4.81%	4.16%	5.54%
Pretax Margin	-49.25%	-42.72%	-8.36%	4.13%	3.65%	5.69%
Profit Margin	-49.23%	-42.36%	-7.85%	3.61%	3.81%	5.55%
FCF Margin	16.74%	2.33%	6.69%	5.63%	-15.54%	8.08%

Dividends

Fiscal Year	FY 2023	FY 2022	FY 2021
Period Ending	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Dividend Per Share	0.061	0.055	0.073
Dividend Per Share Growth	10.91%	-24.66%	-13.10%
Dividend Yield	0.66%	0.67%	0.88%

Valuation

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '26 Sep 14, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
PE Ratio	-	-	-	46.72	46.00	35.49
P/FCF Ratio	24.99	133.20	22.52	30.00	-	24.38
PS Ratio	4.18	3.11	1.51	1.69	1.75	1.97