Qingdao Topscomm Communication (SHSE:603421) Buyback Yield %: 0.00 (As of Sep. 01, 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

SHSE:603421 Qingdao Topscomm Communication Inc SHSE:603421
50 GF Score
Price ¥6.07
GF Value ¥2.94
Valuation Significantly Overvalued
! 4 Warning Signs
View Full Analysis

What is Qingdao Topscomm Communication Buyback Yield %?

Qingdao Topscomm Communication SHSE:603421 +0.83% 50 Buyback Yield % is 0.00 as of Sep. 01, 2026. GuruFocus rates SHSE:603421 with a GF Score™ of 50/100 and a GF Value™ of ¥2.94 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 604 Hardware companies, Qingdao Topscomm Communication ranks worse than 165562.75% on this metric.

Buyback yield is the net repurchase of shares outstanding over the market capital of the company. It is a measure of shareholder return.

Qingdao Topscomm Communication's current buyback yield was 0.00%.


Qingdao Topscomm Communication Buyback Yield % Related Terms


Qingdao Topscomm Communication Buyback Yield % Historical Data

* Premium members only.

The historical data trend for Qingdao Topscomm Communication's Buyback Yield % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Qingdao Topscomm Communication Buyback Yield % Chart

Qingdao Topscomm Communication Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Buyback Yield %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 0.00

Qingdao Topscomm Communication Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Buyback Yield % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 0.00

SHSE:603421 vs GRMN, COHR, KEYS: Buyback Yield % Comparison

For the Scientific & Technical Instruments subindustry, Qingdao Topscomm Communication's Buyback Yield %, along with its competitors' market caps and Buyback Yield % 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 Buyback Yield % vs Hardware Industry

For the Hardware industry and Technology sector, Qingdao Topscomm Communication's Buyback Yield % distribution charts can be found below:

* The bar in red indicates where Qingdao Topscomm Communication's Buyback Yield % falls into.


SHSE:603421
50GF Score
Qingdao Topscomm Communication Inc SHSE:603421
Buyback Yield % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Qingdao Topscomm Communication Buyback Yield % Calculation

Buyback yield is a measure of shareholder return.

Qingdao Topscomm Communication's Buyback Yield for the fiscal year that ended in Dec. 2025 is calculated as

Buyback Yield=Net Issuance of Stock / Market Cap
=- (Repurchase of Stock + Issuance of Stock) / Market Cap
=- (0 + 0) / 4669.68756
=0.00%

Qingdao Topscomm Communication's annualized Buyback Yield for the quarter that ended in Jun. 2026 is calculated as

Buyback Yield=Net Issuance of Stock(TTM) / Market Cap
=- (Repurchase of Stock + Issuance of Stock) (TTM)** / Market Cap
=- (0 + 0) / 4010.97465
=0.00%

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

** If the quarter corresponds to the year-end period, we will use the annual Repurchase of Stock and Issuance of Stock data .

Frequently Asked Questions Learn more about Buyback Yield % →
What does a Buyback Yield % of 0.00 mean?
Qingdao Topscomm Communication (SHSE:603421) has a Buyback Yield % of 0.00 as of Sep. 01, 2026. Share buyback yield equals the net issuance of stock divided by market cap. View historical data on Qingdao Topscomm Communication and its competitors. According to the industry distribution chart, Qingdao Topscomm Communication ranks #999999 out of 604 companies in the Hardware industry.
Is Qingdao Topscomm Communication's Buyback Yield % too high?
Qingdao Topscomm Communication's current Buyback Yield % is 0.00. Based on the distribution chart, Qingdao Topscomm Communication ranks #999999 out of 604 companies in the Hardware industry, which is in the bottom quartile relative to peers. Overall, Qingdao Topscomm Communication has a GF Score™ of 50/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Qingdao Topscomm Communication's Buyback Yield % compare to GRMN and COHR?
According to the Hardware industry distribution chart, Qingdao Topscomm Communication ranks #999999 out of 604 companies for Buyback Yield %. This places Qingdao Topscomm Communication in the lower half of its industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Buyback Yield % for a Hardware company?
A good Buyback Yield % depends on the Hardware industry context. However, Buyback Yield % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Buyback Yield % mean?
A high Buyback Yield % can signal that a stock is expensive relative to its fundamentals. Share buyback yield equals the net issuance of stock divided by market cap. View historical data on Qingdao Topscomm Communication and its competitors. Qingdao Topscomm Communication's current Buyback Yield % is 0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Qingdao Topscomm Communication stock overvalued right now?
Based on GuruFocus' analysis, Qingdao Topscomm Communication (SHSE:603421) is currently considered Significantly Overvalued. The stock's GF Value™ is ¥2.94, compared to a current price of ¥6.07 — trading 106.5% above its estimated fair value. The current Buyback Yield % is 0.00. Qingdao Topscomm Communication's overall GF Score™ is 50/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Buyback Yield % calculated?
Buyback Yield % is calculated from a company's financial statements. For Qingdao Topscomm Communication (SHSE:603421), the current Buyback Yield % is 0.00 as of Sep. 01, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Qingdao Topscomm Communication (SHSE:603421) Overvalued in 2026?

Based on GuruFocus' analysis, Qingdao Topscomm Communication stock appears to be overvalued. The current stock price of ¥6.07 is trading 106.5% above its estimated GF Value™ of ¥2.94. GuruFocus considers Qingdao Topscomm Communication to be Significantly Overvalued.

Key valuation signals for SHSE:603421:

  • Buyback Yield %: 0.00
  • GF Value™: ¥2.94 vs. price of ¥6.07 (106.5% above fair value)
  • GF Score™: 50/100 with 4 warning signs

No single metric tells the full story. See the SHSE:603421 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Qingdao Topscomm Communication Business Description

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.
50GF Score

Get the complete analysis for SHSE:603421

Buyback Yield % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

¥6.07
Price
¥2.94
GF Value