Qingdao Topscomm Communication INC.

Shanghai Stock Exchange 603421.SS

Qingdao Topscomm Communication INC. Net Cash Used For Investing Activities for the year ending December 31, 2023: USD -11.63 M

Qingdao Topscomm Communication INC. Net Cash Used For Investing Activities is USD -11.63 M for the year ending December 31, 2023, a 59.55% change year over year. Net cash used for investing activities is total cash inflows and outflows related to activities intended to generate future income and cash flows from investments.

Qingdao Topscomm Communication INC. Net Cash Used For Investing Activities for the year ending December 31, 2022 was USD -28.76 M, a -16.66% change year over year.
Qingdao Topscomm Communication INC. Net Cash Used For Investing Activities for the year ending December 31, 2021 was USD -24.65 M, a 19.02% change year over year.
Qingdao Topscomm Communication INC. Net Cash Used For Investing Activities for the year ending December 31, 2020 was USD -30.44 M, a -220.91% change year over year.
Qingdao Topscomm Communication INC. Net Cash Used For Investing Activities for the year ending December 31, 2019 was USD 25.18 M, a 120.45% change year over year.

Key data

Date	Net Cash Used For Investing Activities	Net Cash Used Provided By Financing Activities	Dividends Paid	Capital Expenditure

Shanghai Stock Exchange: 603421.SS

Qingdao Topscomm Communication INC.

CEO	Mr. Fanyi Zeng
IPO Date	Oct. 11, 2016
Location	China
Headquarters	Building 6, Area B
Employees	4,356
Sector	Utilities
Industries Electricity Utility

Description

Qingdao Topscomm Communication INC. engages in the research and development, production, sale, and service of products in the field of medium-voltage and low-voltage power distribution in the power industry. It offers power line carrier communication chips, communication modules, acquisition equipment, smart energy meters, power distribution terminals, power quality and reliability equipment, etc., as well as LV-PLC communication, smart energy meters, communication terminals, MV-PLC communication, and distribution automation systems. Its products are used in the electricity consumption information acquisition system and distribution of the smart grid internet of things electric automation system. Qingdao Topscomm Communication INC. was founded in 2008 and is headquartered in Qingdao, China.

Key trends

Past 5 years