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The Dividend Payout Ratio is the measure of dividends paid out to shareholders relative to the company's net income. It is calculated as the Dividends per Share divided by the Earnings per Share (Diluted) during the same time period. Qingdao Topscomm Communication's Dividend Payout Ratio for the
months ended in Mar. 2026 was 0.00.
The historical rank and industry rank for Qingdao Topscomm Communication's Dividend Payout Ratio or its related term are showing as below:
During the past 13 years, the highest Dividend Payout Ratio of Qingdao Topscomm Communication was 0.64. The lowest was 0.29. And the median was 0.40.
SHSE:603421's Dividend Payout Ratio is not ranked *
in the Hardware industry.
Industry Median: 0.46 * Ranked among companies with meaningful Dividend Payout Ratio only.
During the past 13 years, the highest Trailing Annual Dividend Yield of Qingdao Topscomm Communication was 2.89%. The lowest was 0.00%. And the median was 0.92%.
During the past 12 months, Qingdao Topscomm Communication's average Dividends Per Share Growth Rate was -100.00% per year.
During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Qingdao Topscomm Communication was -8.10% per year. The lowest was -19.10% per year. And the median was -12.30% per year.
The growth rate is calculated with least square regression.
For more information regarding to dividend, please check our Dividend Page.
* Please note that "special dividend" is not included in the calculation of dividend per share and related fields.
Qingdao Topscomm Communication (SHSE:603421) Dividend Payout Ratio Explanation
In dividends investing, Dividend Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.
Qingdao Topscomm Communication Dividend Payout Ratio Related Terms
Qingdao Topscomm Communication Dividend Payout Ratio Historical Data
* 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 Dividend Payout Ratio Chart
SHSE:603421 vs COHR, KEYS, GRMN: Dividend Payout Ratio Comparison
For the Scientific & Technical Instruments subindustry, Qingdao Topscomm Communication's Dividend Payout Ratio, along with its competitors' market caps and Dividend Payout Ratio 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 Dividend Payout Ratio vs Hardware Industry
For the Hardware industry and Technology sector, Qingdao Topscomm Communication's Dividend Payout Ratio distribution charts can be found below:
* The bar in red indicates where Qingdao Topscomm Communication's Dividend Payout Ratio falls into.
Qingdao Topscomm Communication Dividend Payout Ratio Calculation
The Dividend Payout Ratio is the measure of dividends paid out to shareholders relative to the company's net income. It is calculated as the Dividends per Share divided by the Earnings per Share (Diluted) during the same time period.
* 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 (SHSE:603421) has a Dividend Payout Ratio of 0.00 as of Mar. 2026. Dividend payout ratio is the percent of company earnings paid out as dividends. View historical data on Qingdao Topscomm Communication and its competitors. Over the past decade, Qingdao Topscomm Communication's Dividend Payout Ratio has ranged from 0.29 to 0.64. According to the industry distribution chart, Qingdao Topscomm Communication ranks #999999 out of 1186 companies in the Hardware industry.
Is Qingdao Topscomm Communication's Dividend Payout Ratio too high?
Qingdao Topscomm Communication's current Dividend Payout Ratio is 0.00. Over the past 10 years, this metric has ranged from a low of 0.29 to a high of 0.64. Based on the distribution chart, Qingdao Topscomm Communication ranks #999999 out of 1186 companies in the Hardware industry, which is in the bottom quartile relative to peers. Overall, Qingdao Topscomm Communication has a GF Score™ of 56/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Qingdao Topscomm Communication's Dividend Payout Ratio compare to COHR and KEYS?
According to the Hardware industry distribution chart, Qingdao Topscomm Communication ranks #999999 out of 1186 companies for Dividend Payout Ratio. This places Qingdao Topscomm Communication in the lower half of its industry. The industry median Dividend Payout Ratio is 0.46. Historically, Qingdao Topscomm Communication's own Dividend Payout Ratio has ranged from 0.29 to 0.64 over the past decade. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Dividend Payout Ratio for a Hardware company?
The median Dividend Payout Ratio among Hardware companies is 0.46, based on 1,186 companies in the industry. Companies in the top quartile (top 25%) have a Dividend Payout Ratio significantly above this median, while those in the bottom quartile fall well below. However, Dividend Payout Ratio 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 Dividend Payout Ratio mean?
A high Dividend Payout Ratio can signal that a stock is expensive relative to its fundamentals. Dividend payout ratio is the percent of company earnings paid out as dividends. View historical data on Qingdao Topscomm Communication and its competitors. For the Hardware industry, the median Dividend Payout Ratio is 0.46 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Qingdao Topscomm Communication's current Dividend Payout Ratio 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 ¥3.40, compared to a current price of ¥5.83 — trading 71.5% above its estimated fair value. The current Dividend Payout Ratio is 0.00. Qingdao Topscomm Communication's overall GF Score™ is 56/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Dividend Payout Ratio calculated?
Dividend Payout Ratio is calculated from a company's financial statements. For Qingdao Topscomm Communication (SHSE:603421), the current Dividend Payout Ratio is 0.00 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 ¥5.83 is trading 71.5% above its estimated GF Value™ of ¥3.40.
GuruFocus considers Qingdao Topscomm Communication to be Significantly Overvalued.
Key valuation signals for SHSE:603421:
Dividend Payout Ratio: 0.00
GF Value™: ¥3.40 vs. price of ¥5.83 (71.5% above fair value)
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 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.
56GF Score
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