Shenzhen MeiG Smart Technology Co Ltd
MeiG Smart Technology Co., Ltd. engages in the research and development, production, and sale of wireless communication modules and Internet of Things solutions in China and internationally. Its products include 5G smart, 5G and 4G LTE, AI computing, automotive, smart, LPWA, and GNSS modules; and wireless data solutions for use in smart positioning and tracking, payment methods for retailers, bli… Read more
Shenzhen MeiG Smart Technology Co Ltd (002881) - Cash Flow Conversion Efficiency
Latest cash flow conversion efficiency as of September 2025: 0.075x
Based on the latest financial reports, Shenzhen MeiG Smart Technology Co Ltd (002881) has a cash flow conversion efficiency ratio of 0.075x as of September 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¥125.31 Million) by net assets (CN¥1.68 Billion). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Shenzhen MeiG Smart Technology Co Ltd - Cash Flow Conversion Efficiency Trend (2013–2024)
This chart illustrates how Shenzhen MeiG Smart Technology Co Ltd's cash flow conversion efficiency has evolved over time, based on yearly financial data. Explore and compare other companies by cash flow conversion efficiency.
Shenzhen MeiG Smart Technology Co Ltd Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Shenzhen MeiG Smart Technology Co Ltd ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Taiwan Cogeneration Corp
TW:8926
|
0.116x |
|
CTCI Corp
TW:9933
|
0.417x |
|
Amphastar P
NASDAQ:AMPH
|
0.042x |
|
Nanjing Xinlian Electronics Co Ltd
SHE:002546
|
0.035x |
|
PT Vale Indonesia Tbk
F:XT3B
|
0.044x |
|
Guangzhou Sanfu New Materials Technology Co. Ltd. A
SHG:688359
|
0.016x |
|
Xinjiang Guannong Fruit & Antler Group Co Ltd
SHG:600251
|
0.027x |
|
Ballard Power Systems Inc
NASDAQ:BLDP
|
-0.038x |
Annual Cash Flow Conversion Efficiency for Shenzhen MeiG Smart Technology Co Ltd (2013–2024)
The table below shows the annual cash flow conversion efficiency of Shenzhen MeiG Smart Technology Co Ltd from 2013 to 2024.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2024-12-31 | CN¥1.57 Billion | CN¥-129.89 Million | -0.083x | -291.70% |
| 2023-12-31 | CN¥1.48 Billion | CN¥-31.31 Million | -0.021x | -154.54% |
| 2022-12-31 | CN¥820.25 Million | CN¥31.82 Million | 0.039x | +113.44% |
| 2021-12-31 | CN¥691.31 Million | CN¥-199.61 Million | -0.289x | -345.42% |
| 2020-12-31 | CN¥581.76 Million | CN¥68.45 Million | 0.118x | +109.39% |
| 2019-12-31 | CN¥549.08 Million | CN¥30.85 Million | 0.056x | -18.96% |
| 2018-12-31 | CN¥529.32 Million | CN¥36.70 Million | 0.069x | +301.58% |
| 2017-12-31 | CN¥493.18 Million | CN¥-16.96 Million | -0.034x | -331.14% |
| 2016-12-31 | CN¥228.15 Million | CN¥3.40 Million | 0.015x | +71.41% |
| 2015-12-31 | CN¥181.43 Million | CN¥1.58 Million | 0.009x | -89.33% |
| 2014-12-31 | CN¥145.32 Million | CN¥11.82 Million | 0.081x | -78.77% |
| 2013-12-31 | CN¥101.70 Million | CN¥38.96 Million | 0.383x | -- |