Shenzhen MeiG Smart Technology Co Ltd (002881) - Cash Flow Conversion Efficiency

Latest 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 ≈ $18.34 Million USD) by net assets (CN¥1.68 Billion ≈ $246.03 Million USD). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations. Also see Shenzhen MeiG Smart Technology Co Ltd market capitalisation for the company's overall valuation and market capitalisation.

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.

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. Explore 002881 cash flow quality score to measure how well operating cash flow supports reported net income.

Company	Cash Flow Conversion Efficiency
Paradeep Phosphates Limited NSE:PARADEEP	0.024x
Ennoconn Corp TW:6414	0.002x
FirstSun Capital Bancorp Common Stock NASDAQ:FSUN	0.601x
Golden Ocean Group Ltd OL:GOGL	-0.002x
Jiugui Liquor Co Ltd SHE:000799	-0.029x
Hansol Chemica KO:014680	0.061x
Jeudan CO:JDAN	0.023x
Hongrun Construction Group Co Ltd SHE:002062	0.061x

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. View 002881 stock price for real-time trading data and today's change.

Year	Net Assets	Operating Cash Flow	Cash Flow Conversion Efficiency	Change
2024-12-31	CN¥1.57 Billion ≈ $229.32 Million	CN¥-129.89 Million ≈ $-19.01 Million	-0.083x	-291.70%
2023-12-31	CN¥1.48 Billion ≈ $216.54 Million	CN¥-31.31 Million ≈ $-4.58 Million	-0.021x	-154.54%
2022-12-31	CN¥820.25 Million ≈ $120.03 Million	CN¥31.82 Million ≈ $4.66 Million	0.039x	+113.44%
2021-12-31	CN¥691.31 Million ≈ $101.16 Million	CN¥-199.61 Million ≈ $-29.21 Million	-0.289x	-345.42%
2020-12-31	CN¥581.76 Million ≈ $85.13 Million	CN¥68.45 Million ≈ $10.02 Million	0.118x	+109.39%
2019-12-31	CN¥549.08 Million ≈ $80.35 Million	CN¥30.85 Million ≈ $4.51 Million	0.056x	-18.96%
2018-12-31	CN¥529.32 Million ≈ $77.46 Million	CN¥36.70 Million ≈ $5.37 Million	0.069x	+301.58%
2017-12-31	CN¥493.18 Million ≈ $72.17 Million	CN¥-16.96 Million ≈ $-2.48 Million	-0.034x	-331.14%
2016-12-31	CN¥228.15 Million ≈ $33.39 Million	CN¥3.40 Million ≈ $496.80K	0.015x	+71.41%
2015-12-31	CN¥181.43 Million ≈ $26.55 Million	CN¥1.58 Million ≈ $230.48K	0.009x	-89.33%
2014-12-31	CN¥145.32 Million ≈ $21.27 Million	CN¥11.82 Million ≈ $1.73 Million	0.081x	-78.77%
2013-12-31	CN¥101.70 Million ≈ $14.88 Million	CN¥38.96 Million ≈ $5.70 Million	0.383x	--

About Shenzhen MeiG Smart Technology Co Ltd

SHE:002881 China Communication Equipment

Market Cap

$1.74 Billion

CN¥11.92 Billion CNY

Market Cap Rank

#6673 Global

#1365 in China

Share Price

CN¥45.53

Change (1 day)

-1.56%

52-Week Range

CN¥33.93 - CN¥51.65

All Time High

CN¥71.29