Qingdao Topscomm Communication (SHSE:603421) FCF Margin %: -25.55% (As of Mar. 2026)


SHSE:603421 Qingdao Topscomm Communication Inc SHSE:603421
54 GF Score
Price ¥5.89
GF Value ¥3.44
Valuation Significantly Overvalued
! 4 Warning Signs
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What is Qingdao Topscomm Communication FCF Margin %?

Qingdao Topscomm Communication SHSE:603421 +1.38% 54 FCF Margin % is -25.55% as of Mar. 2026. GuruFocus rates SHSE:603421 with a GF Score™ of 54/100 and a GF Value™ of ¥3.44 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 2,471 Hardware companies, Qingdao Topscomm Communication ranks better than 84.06% on this metric.

FCF Margin % is calculated as Free Cash Flow divided by its Revenue. Qingdao Topscomm Communication's Free Cash Flow for the three months ended in Mar. 2026 was ¥-50 Mil. Qingdao Topscomm Communication's Revenue for the three months ended in Mar. 2026 was ¥197 Mil. Therefore, Qingdao Topscomm Communication's FCF Margin % for the quarter that ended in Mar. 2026 was -25.55%.

As of today, Qingdao Topscomm Communication's current FCF Yield % is 4.49%.

The historical rank and industry rank for Qingdao Topscomm Communication's FCF Margin % or its related term are showing as below:

SHSE:603421' s FCF Margin % Range Over the Past 10 Years
Min: -46.71   Med: -0.47   Max: 11.72
Current: 11.72


During the past 13 years, the highest FCF Margin % of Qingdao Topscomm Communication was 11.72%. The lowest was -46.71%. And the median was -0.47%.

SHSE:603421's FCF Margin % is ranked better than
84.06% of 2471 companies
in the Hardware industry
Industry Median: 0.66 vs SHSE:603421: 11.72


Qingdao Topscomm Communication FCF Margin % Related Terms


Qingdao Topscomm Communication FCF Margin % Historical Data

* Premium members only.

The historical data trend for Qingdao Topscomm Communication's FCF Margin % 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 FCF Margin % Chart

Qingdao Topscomm Communication Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
FCF Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 8.08 -15.54 5.62 6.69 2.33

Qingdao Topscomm Communication Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
FCF Margin % 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 -82.62 -9.70 10.68 52.76 -25.55

SHSE:603421 vs COHR, KEYS, GRMN: FCF Margin % Comparison

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

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

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


SHSE:603421
54GF Score
Qingdao Topscomm Communication Inc SHSE:603421
FCF Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Qingdao Topscomm Communication FCF Margin % Calculation

FCF margin is the ratio of Free Cash Flow divided by net sales or Revenue, usually presented in percent.

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

FCF Margin=Free Cash Flow (A: Dec. 2025 )/Revenue (A: Dec. 2025 )
=35.059/1502.802
=2.33 %

Qingdao Topscomm Communication's FCF Margin for the quarter that ended in Mar. 2026 is calculated as

FCF Margin=Free Cash Flow (Q: Mar. 2026 )/Revenue (Q: Mar. 2026 )
=-50.271/196.785
=-25.55 %

* 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.

Frequently Asked Questions Learn more about FCF Margin % →
What does a FCF Margin % of -25.55% mean?
Qingdao Topscomm Communication (SHSE:603421) has a FCF Margin % of -25.55% as of Mar. 2026. Free cash flow margin is the ratio of total free cash flow to net sales. View historical data on Qingdao Topscomm Communication and its competitors. According to the industry distribution chart, Qingdao Topscomm Communication ranks #394 out of 2471 companies in the Hardware industry, placing it in the top 15.9%.
Is Qingdao Topscomm Communication's FCF Margin % too high?
Qingdao Topscomm Communication's current FCF Margin % is -25.55%. Based on the distribution chart, Qingdao Topscomm Communication ranks #394 out of 2471 companies in the Hardware industry, which is in the top quartile — a strong position relative to peers. Overall, Qingdao Topscomm Communication has a GF Score™ of 54/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Qingdao Topscomm Communication's FCF Margin % compare to COHR and KEYS?
According to the Hardware industry distribution chart, Qingdao Topscomm Communication ranks #394 out of 2471 companies for FCF Margin %. This places Qingdao Topscomm Communication in the top 16% of its industry — outperforming the majority of peers. The industry median FCF Margin % is 0.66. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good FCF Margin % for a Hardware company?
The median FCF Margin % among Hardware companies is 0.66, based on 2,471 companies in the industry. Companies in the top quartile (top 25%) have a FCF Margin % significantly above this median, while those in the bottom quartile fall well below. However, FCF Margin % 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 FCF Margin % mean?
A high FCF Margin % can signal that a stock is expensive relative to its fundamentals. Free cash flow margin is the ratio of total free cash flow to net sales. View historical data on Qingdao Topscomm Communication and its competitors. For the Hardware industry, the median FCF Margin % is 0.66 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Qingdao Topscomm Communication's current FCF Margin % is -25.55%. 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 ¥3.44, compared to a current price of ¥5.89 — trading 71.2% above its estimated fair value. The current FCF Margin % is -25.55%. Qingdao Topscomm Communication's overall GF Score™ is 54/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is FCF Margin % calculated?
FCF Margin % is calculated from a company's financial statements. For Qingdao Topscomm Communication (SHSE:603421), the current FCF Margin % is -25.55% as of Mar. 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 ¥5.89 is trading 71.2% above its estimated GF Value™ of ¥3.44. GuruFocus considers Qingdao Topscomm Communication to be Significantly Overvalued.

Key valuation signals for SHSE:603421:

  • FCF Margin %: -25.55%
  • GF Value™: ¥3.44 vs. price of ¥5.89 (71.2% above fair value)
  • GF Score™: 54/100 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.
54GF Score

Get the complete analysis for SHSE:603421

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

¥5.89
Price
¥3.44
GF Value