603421.SS
Price:
$8.31
Market Cap:
$5.42B
Qingdao Topscomm Communication INC. engages in the research and development, production, sale, and service of products in the field of medium-voltage and low-voltage power distribution in the power industry. It offers power line carrier communication chips, communication modules, acquisition equipment, smart energy meters, power distribution terminals, power quality and reliability equipment, etc., as well as LV-PLC communication, smart energy meters, communication terminals, MV-PLC communication, and distribution automation systems. Its products are used in the electricity consumption information acquisition system and distribution of the smart grid internet of things electric automation sy...[Read more]
Industry
Hardware, Equipment & Parts
IPO Date
2016-10-11
Stock Exchange
SHH
Ticker
603421.SS
According to Qingdao Topscomm Communication Inc.’s latest financial reports and current stock price. The company's current Current Ratio is 2.46. This represents a change of 2.02% compared to the average of 2.41 of the last 4 quarters.
The mean historical Current Ratio of Qingdao Topscomm Communication Inc. over the last ten years is 2.86. The current 2.46 Current Ratio has changed 8.51% with respect to the historical average. Over the past ten years (40 quarters), 603421.SS's Current Ratio was at its highest in in the March 2017 quarter at 8.13. The Current Ratio was at its lowest in in the March 2016 quarter at 0.
Average
2.86
Median
2.59
Minimum
1.97
Maximum
4.71
Discovering the peaks and valleys of Qingdao Topscomm Communication Inc. Current Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.
Maximum Annual Increase = 33.90%
Maximum Annual Current Ratio = 4.71
Minimum Annual Increase = -39.62%
Minimum Annual Current Ratio = 1.97
| Year | Current Ratio | Change |
|---|---|---|
| 2024 | 2.24 | -1.64% |
| 2023 | 2.28 | 7.26% |
| 2022 | 2.12 | 8.10% |
| 2021 | 1.97 | -15.61% |
| 2020 | 2.33 | -23.87% |
| 2019 | 3.06 | -12.35% |
| 2018 | 3.49 | 22.70% |
| 2017 | 2.84 | -39.62% |
| 2016 | 4.71 | 33.90% |
| 2015 | 3.52 | -26.48% |
The current Current Ratio of Qingdao Topscomm Communication Inc. (603421.SS) is greater than its 3-year, greater than its 5-year, and less than than its 10-year historical averages
3-year avg
2.22
5-year avg
2.19
10-year avg
2.86
Qingdao Topscomm Communication Inc.’s Current Ratio is greater than Shenzhen Deren Electronic Co., Ltd. (1.41), greater than Dongguan Mentech Optical & Magnetic Co., Ltd. (0.97), greater than Sichuan Etrol Technologies Co., Ltd. (1.06), greater than Genbyte Technology Inc. (2.17), greater than Xiamen Xindeco Ltd. (1.09), less than Anhui Landun Photoelectron Co., Ltd. (4.68), less than Guangdong Mingzhu Group Co.,Ltd (4.23), greater than Hangzhou MDK Opto Electronics Co., Ltd (0.49), greater than Ningbo Exciton Technology Co., Ltd. (1.61), less than Anhui Coreach Technology Co.,Ltd (2.71),
| Company | Current Ratio | Market cap |
|---|---|---|
| 1.41 | $4.15B | |
| 0.97 | $5.47B | |
| 1.06 | $4.20B | |
| 2.17 | $4.16B | |
| 1.09 | $4.60B | |
| 4.68 | $4.23B | |
| 4.23 | $4.67B | |
| 0.49 | $4.51B | |
| 1.61 | $4.68B | |
| 2.71 | $5.07B |
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