Qingdao Topscomm Communication (SHSE:603421) Net Issuance of Preferred Stock : ¥0 Mil (TTM As of Sep. 2023)

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What is Qingdao Topscomm Communication Net Issuance of Preferred Stock?

A company may raise cash from issuing new preferred shares. It can also use cash to buy back preferred shares.

Qingdao Topscomm Communication's net issuance of preferred for the three months ended in Sep. 2023 was ¥0 Mil. The number is 0, which means that Qingdao Topscomm Communication has paid equal amouunt of cash to buy back preferred shares to the amount it received for issuing preferred shares quarterly.

Qingdao Topscomm Communication's net issuance of preferred for the trailing twelve months (TTM) ended in Sep. 2023 was ¥0 Mil.

Qingdao Topscomm Communication Net Issuance of Preferred Stock Historical Data

The historical data trend for Qingdao Topscomm Communication's Net Issuance of Preferred Stock 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.

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Qingdao Topscomm Communication Net Issuance of Preferred Stock Chart

Qingdao Topscomm Communication Annual Data

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Net Issuance of Preferred Stock

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Qingdao Topscomm Communication Quarterly Data
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Qingdao Topscomm Communication Net Issuance of Preferred Stock Calculation

A company may raise cash from issuing new preferred shares. It can also use cash to buy back preferred shares. If this number is positive, it means that the company has received more cash from issuing preferred shares than it has paid to buy back preferred shares. If this number is negative, it means that company has paid more cash to buy back preferred shares than it has received for issuing preferred shares.

Net Issuance of Preferred Stock for the trailing twelve months (TTM) ended in Sep. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was ¥0 Mil.

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Qingdao Topscomm Communication (SHSE:603421) Business Description

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GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Qingdao Topscomm Communication Inc (SHSE:603421) » Definitions » Net Issuance of Preferred Stock

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Address

No. 288 Ningxia Road, 5th Floor, No. 6 Building, Qingdao Software Park, Shinan District, Qingdao City, CHN, 266024

Website

http://www.topscomm.com

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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