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.

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. Read 002881 total liabilities for a breakdown of total debt and financial obligations.

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
NH SPAC 8 KQ:218410	0.024x
Reinsurance Group of America Inc NYSE:RZB	0.063x
Guangzhou Sanfu New Materials Technology Co. Ltd. A SHG:688359	0.016x
Greatech Technology Bhd KLSE:0208	0.042x
Techno Electric & Engineering Company Limited NSE:TECHNOE	-0.045x
Jenoptik AG F:JEN	0.054x
PC Connection Inc NASDAQ:CNXN	0.030x
Zen Technologies Limited NSE:ZENTEC	-0.079x

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. For the full company profile with market capitalisation and key ratios, see market cap of Shenzhen MeiG Smart Technology Co Ltd.

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

$1.58 Billion

CN¥10.81 Billion CNY

Market Cap Rank

#7225 Global

#1741 in China

Share Price

CN¥41.31

Change (1 day)

+1.45%

52-Week Range

CN¥35.90 - CN¥58.97

All Time High

CN¥71.29