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. See 002677 defensive asset coverage days to measure how many days the company can operate on defensive assets alone.

Zhejiang Meida Industrial Co Ltd - Cash Flow Conversion Efficiency Trend (2008–2025)

This chart illustrates how Zhejiang Meida Industrial Co Ltd's cash flow conversion efficiency has evolved over time, based on yearly financial data.

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
Gladstone Commercial Corporation NASDAQ:GOOD	0.109x
Prima Marine Public Company Limited BK:PRM	0.094x
Vinte Viviendas Integrales S.A.B. de C.V MX:VINTE	0.031x
Dongwon F & B KO:049770	0.026x
Zambal Spain Socimi SA MC:YZBL	0.008x
Shaanxi Baoguang Vacuum Electronic Apparatus Co Ltd SHG:600379	-0.069x
Adcock Ingram Holdings Limited JSE:AIP	0.091x
Shenzhen Haoningda Meters Co Ltd SHE:002356	-0.012x

Annual Cash Flow Conversion Efficiency for Zhejiang Meida Industrial Co Ltd (2008–2025)

The table below shows the annual cash flow conversion efficiency of Zhejiang Meida Industrial Co Ltd from 2008 to 2025. 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
2025-12-31	CN¥1.47 Billion ≈ $215.48 Million	CN¥33.30 Million ≈ $4.87 Million	0.023x	-65.10%
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

$584.24 Million

CN¥3.99 Billion CNY

Market Cap Rank

#11603 Global

#3325 in China

Share Price

CN¥6.18

Change (1 day)

-1.59%

52-Week Range

CN¥6.18 - CN¥10.20

All Time High

CN¥18.69