Qingdao Topscomm Communication (SHSE:603421) OCF Margin %: -25.36% (As of Mar. 2026)

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SHSE:603421 Qingdao Topscomm Communication Inc SHSE:603421
54 GF Score
Price ¥5.23
GF Value ¥3.42
Valuation Significantly Overvalued
! 4 Warning Signs
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What is Qingdao Topscomm Communication OCF Margin %?

Qingdao Topscomm Communication SHSE:603421 +1.16% 54 OCF Margin % is -25.36% as of Mar. 2026. GuruFocus rates SHSE:603421 with a GF Score™ of 54/100 and a GF Value™ of ¥3.42 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 2,477 Hardware companies, Qingdao Topscomm Communication ranks better than 73.84% on this metric.

OCF Margin % is calculated as Cash Flow from Operations divided by its Revenue. Qingdao Topscomm Communication's Cash Flow from Operations 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 OCF Margin % for the quarter that ended in Mar. 2026 was -25.36%.

As of today, Qingdao Topscomm Communication's current OCF Yield % is 5.27%.

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

SHSE:603421' s OCF Margin % Range Over the Past 10 Years
Min: -9.13   Med: 6.98   Max: 20.62
Current: 12.21


During the past 13 years, the highest OCF Margin % of Qingdao Topscomm Communication was 20.62%. The lowest was -9.13%. And the median was 6.98%.

SHSE:603421's OCF Margin % is ranked better than
73.84% of 2477 companies
in the Hardware industry
Industry Median: 5.29 vs SHSE:603421: 12.21


Qingdao Topscomm Communication OCF Margin % Related Terms


Qingdao Topscomm Communication OCF Margin % Historical Data

* Premium members only.

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

Qingdao Topscomm Communication Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
OCF Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 13.68 -9.13 7.95 7.56 2.99

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
OCF 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 -81.23 -9.11 11.18 53.25 -25.36

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

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

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

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


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

Qingdao Topscomm Communication OCF Margin % Calculation

OCF Margin % is the ratio of Cash Flow from Operations divided by net sales or Revenue, usually presented in percent.

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

OCF Margin=Cash Flow from Operations (A: Dec. 2025 )/Revenue (A: Dec. 2025 )
=45.006/1502.802
=2.99 %

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

OCF Margin=Cash Flow from Operations (Q: Mar. 2026 )/Revenue (Q: Mar. 2026 )
=-49.907/196.785
=-25.36 %

* 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 OCF Margin % →
What does a OCF Margin % of -25.36% mean?
Qingdao Topscomm Communication (SHSE:603421) has a OCF Margin % of -25.36% as of Mar. 2026. OCF Margin is the ratio of Cash Flow from Operations to Total Revenue. View historical data on Qingdao Topscomm Communication and its competitors. According to the industry distribution chart, Qingdao Topscomm Communication ranks #648 out of 2477 companies in the Hardware industry, placing it in the top 26.2%.
Is Qingdao Topscomm Communication's OCF Margin % too high?
Qingdao Topscomm Communication's current OCF Margin % is -25.36%. Based on the distribution chart, Qingdao Topscomm Communication ranks #648 out of 2477 companies in the Hardware industry, which is above the industry midpoint. 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 OCF Margin % compare to COHR and KEYS?
According to the Hardware industry distribution chart, Qingdao Topscomm Communication ranks #648 out of 2477 companies for OCF Margin %. This puts Qingdao Topscomm Communication in the upper half of its industry. The industry median OCF Margin % is 5.29. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good OCF Margin % for a Hardware company?
The median OCF Margin % among Hardware companies is 5.29, based on 2,477 companies in the industry. Companies in the top quartile (top 25%) have a OCF Margin % significantly above this median, while those in the bottom quartile fall well below. However, OCF 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 OCF Margin % mean?
A high OCF Margin % can signal that a stock is expensive relative to its fundamentals. OCF Margin is the ratio of Cash Flow from Operations to Total Revenue. View historical data on Qingdao Topscomm Communication and its competitors. For the Hardware industry, the median OCF Margin % is 5.29 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Qingdao Topscomm Communication's current OCF Margin % is -25.36%. 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 ¥3.42, compared to a current price of ¥5.23 — trading 52.9% above its estimated fair value. The current OCF Margin % is -25.36%. 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 OCF Margin % calculated?
OCF Margin % is calculated from a company's financial statements. For Qingdao Topscomm Communication (SHSE:603421), the current OCF Margin % is -25.36% 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 ¥5.23 is trading 52.9% above its estimated GF Value™ of ¥3.42. GuruFocus considers Qingdao Topscomm Communication to be Significantly Overvalued.

Key valuation signals for SHSE:603421:

  • OCF Margin %: -25.36%
  • GF Value™: ¥3.42 vs. price of ¥5.23 (52.9% 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

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

¥5.23
Price
¥3.42
GF Value