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Qingdao Topscomm Communication (SHSE:603421) 3-Year Book Growth Rate : 3.50% (As of Sep. 2023)


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What is Qingdao Topscomm Communication 3-Year Book Growth Rate?

Qingdao Topscomm Communication's Book Value per Share for the quarter that ended in Sep. 2023 was ¥5.12.

During the past 12 months, Qingdao Topscomm Communication's average Book Value per Share Growth Rate was 1.90% per year. During the past 3 years, the average Book Value per Share Growth Rate was 3.50% per year. During the past 5 years, the average Book Value per Share Growth Rate was 7.80% per year. During the past 10 years, the average Book Value per Share Growth Rate was 16.00% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average Book Value per Share growth rate.

During the past 12 years, the highest 3-Year average Book Value per Share Growth Rate of Qingdao Topscomm Communication was 29.90% per year. The lowest was -54.30% per year. And the median was 12.10% per year.


Competitive Comparison of Qingdao Topscomm Communication's 3-Year Book Growth Rate

For the Scientific & Technical Instruments subindustry, Qingdao Topscomm Communication's 3-Year Book Growth Rate, along with its competitors' market caps and 3-Year Book Growth Rate data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Qingdao Topscomm Communication's 3-Year Book Growth Rate Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Qingdao Topscomm Communication's 3-Year Book Growth Rate distribution charts can be found below:

* The bar in red indicates where Qingdao Topscomm Communication's 3-Year Book Growth Rate falls into.



Qingdao Topscomm Communication 3-Year Book Growth Rate Calculation

This is the 3-year average growth rate of Book Value per Share. The growth rate is calculated using exponential compounding based on the latest four year annual data.

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average Book Value per Share growth rate.


Qingdao Topscomm Communication  (SHSE:603421) 3-Year Book Growth Rate Explanation

Book Value per Share is the ratio of equity available to common shareholders divided by the shares outstanding. Book value per share effectively indicates a firm's net asset value on a per-share basis. It can be used by investors to gauge whether a stock price is undervalued by comparing it to the firm's market value per share. Theoretically, it is what the shareholders will receive if the company is liquidated.


Qingdao Topscomm Communication 3-Year Book Growth Rate Related Terms

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Qingdao Topscomm Communication (SHSE:603421) Business Description

Traded in Other Exchanges
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Address
No. 288 Ningxia Road, 5th Floor, No. 6 Building, Qingdao Software Park, Shinan District, Qingdao City, CHN, 266024
Qingdao Topscomm Communication Inc designs, researches and develops, manufactures, and sells smart products for electric power and fire protection in China. It also engages in the research and development of power line carrier communication chips and fieldbus communication chips. Its products include smart energy meters, such as smart prepayment and advanced metering infrastructure (AMI), power line carrier communication system; chips; terminal collecting device such as concentrator and state grid concentrator; and intelligent indoor terminal. It also provides AMI, prepayment vending, water/gas/heat and electricity meter AMR/AMI, distribution automation and management, and low and medium voltage PLC communication solutions.

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