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 how leveraged is Zhejiang Meida Industrial Co Ltd's balance sheet to measure how much of total assets are equity-financed.

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. Check earnings quality score of Zhejiang Meida Industrial Co Ltd to evaluate the quality of earnings relative to operating cash generation.

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
Forge Global Holdings Inc NYSE:FRGE	-0.055x
Verano Holdings Corp Ordinary Shares - Class A (Sub Voting) NEO:VRNO	0.027x
Cosonic Intelligent Tech Co Ltd SHE:300793	-0.026x
Olvi Oyj A HE:OLVAS	0.099x
Kimball Electronics NASDAQ:KE	0.012x
Lao Feng Xiang Co Ltd B SHG:900905	0.148x
Nexpoint Residential Trust Inc NYSE:NXRT	0.084x
Jiangsu Flowers King SHG:603007	-0.022x

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 market value of Zhejiang Meida Industrial Co Ltd.

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

$623.00 Million

CN¥4.26 Billion CNY

Market Cap Rank

#11056 Global

#3032 in China

Share Price

CN¥6.59

Change (1 day)

+1.54%

52-Week Range

CN¥5.53 - CN¥10.20

All Time High

CN¥18.69