Zhejiang Meida Industrial Co Ltd (002677) - Cash Flow Conversion Efficiency

Latest as of June 2025: 0.005x

Based on the latest financial reports, Zhejiang Meida Industrial Co Ltd (002677) has a cash flow conversion efficiency ratio of 0.005x as of June 2025. Cash flow conversion efficiency measures how effectively a company's net assets (equity) generate operating cash flow. It is calculated by dividing operating cash flow (CN¥7.13 Million ≈ $1.04 Million USD) by net assets (CN¥1.47 Billion ≈ $215.26 Million USD). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.

Zhejiang Meida Industrial Co Ltd - Cash Flow Conversion Efficiency Trend (2008–2024)

This chart illustrates how Zhejiang Meida Industrial Co Ltd's cash flow conversion efficiency has evolved over time, based on yearly financial data. Read 002677 total debt and obligations for a breakdown of total debt and financial obligations.

Zhejiang Meida Industrial Co Ltd Competitors by Cash Flow Conversion Efficiency

The table below lists competitors of Zhejiang Meida Industrial Co Ltd ranked by their cash flow conversion efficiency.

Company	Cash Flow Conversion Efficiency
Brightspire Capital Inc NYSE:BRSP	0.016x
Winner Information Technology Co Inc SHE:300609	-0.010x
Zhejiang Huakang Pharmaceutical Co Ltd SHG:605077	N/A
Vercom SA WAR:VRC	0.066x
Atlantic China Welding Consumables Inc SHG:600558	0.010x
Trilogy Metals Inc TO:TMQ	-0.005x
Pricol Limited NSE:PRICOLLTD	0.037x
Beibu Gulf Tourism Corp Ltd SHG:603869	0.033x

Annual Cash Flow Conversion Efficiency for Zhejiang Meida Industrial Co Ltd (2008–2024)

The table below shows the annual cash flow conversion efficiency of Zhejiang Meida Industrial Co Ltd from 2008 to 2024. For the full company profile with market capitalisation and key ratios, see how much is Zhejiang Meida Industrial Co Ltd worth.

Year	Net Assets	Operating Cash Flow	Cash Flow Conversion Efficiency	Change
2024-12-31	CN¥1.65 Billion ≈ $242.14 Million	CN¥107.20 Million ≈ $15.69 Million	0.065x	-77.47%
2023-12-31	CN¥2.03 Billion ≈ $296.84 Million	CN¥583.33 Million ≈ $85.36 Million	0.288x	+52.95%
2022-12-31	CN¥1.97 Billion ≈ $287.76 Million	CN¥369.73 Million ≈ $54.10 Million	0.188x	-40.72%
2021-12-31	CN¥1.95 Billion ≈ $285.38 Million	CN¥618.55 Million ≈ $90.51 Million	0.317x	-14.75%
2020-12-31	CN¥1.70 Billion ≈ $249.31 Million	CN¥633.84 Million ≈ $92.75 Million	0.372x	+4.02%
2019-12-31	CN¥1.52 Billion ≈ $222.31 Million	CN¥543.39 Million ≈ $79.51 Million	0.358x	+10.49%
2018-12-31	CN¥1.37 Billion ≈ $199.75 Million	CN¥441.89 Million ≈ $64.66 Million	0.324x	-5.47%
2017-12-31	CN¥1.31 Billion ≈ $191.46 Million	CN¥448.06 Million ≈ $65.57 Million	0.342x	+47.90%
2016-12-31	CN¥1.15 Billion ≈ $168.44 Million	CN¥266.51 Million ≈ $39.00 Million	0.232x	+55.39%
2015-12-31	CN¥1.04 Billion ≈ $152.69 Million	CN¥155.48 Million ≈ $22.75 Million	0.149x	+13.54%
2014-12-31	CN¥987.83 Million ≈ $144.55 Million	CN¥129.63 Million ≈ $18.97 Million	0.131x	-5.79%
2013-12-31	CN¥920.10 Million ≈ $134.64 Million	CN¥128.17 Million ≈ $18.76 Million	0.139x	+10.76%
2012-12-31	CN¥862.42 Million ≈ $126.20 Million	CN¥108.46 Million ≈ $15.87 Million	0.126x	-48.08%
2011-12-31	CN¥328.06 Million ≈ $48.01 Million	CN¥79.47 Million ≈ $11.63 Million	0.242x	-70.06%
2010-12-31	CN¥265.23 Million ≈ $38.81 Million	CN¥214.59 Million ≈ $31.40 Million	0.809x	+72.11%
2009-12-31	CN¥294.73 Million ≈ $43.13 Million	CN¥138.55 Million ≈ $20.27 Million	0.470x	+38.98%
2008-12-31	CN¥210.61 Million ≈ $30.82 Million	CN¥71.24 Million ≈ $10.42 Million	0.338x	--

About Zhejiang Meida Industrial Co Ltd

SHE:002677 China Furnishings, Fixtures & Appliances

Market Cap

$755.36 Million

CN¥5.16 Billion CNY

Market Cap Rank

#10450 Global

#3044 in China

Share Price

CN¥7.99

Change (1 day)

+1.01%

52-Week Range

CN¥6.74 - CN¥10.20

All Time High

CN¥18.69