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. Review financial flexibility index of Shenzhen MeiG Smart Technology Co Ltd to assess the company's free cash flow relative to its total liabilities.

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. Also see 002881 market cap for the company's overall valuation and market capitalisation.

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
Zoomlion Heavy Industry Science and Technology Co. Ltd F:8CZ	0.019x
CareDx Inc NASDAQ:CDNA	0.014x
Taiwan Fertilizer Co Ltd TW:1722	0.004x
ProPetro Holding Corp NYSE:PUMP	0.003x
Cellcom Israel Ltd TA:CEL	0.111x
Insperity Inc NYSE:NSP	-1.000x
Streamax Technology Co Ltd SHE:002970	0.051x
Orange Belgium SA BR:OBEL	0.124x

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 Shenzhen MeiG Smart Technology Co Ltd (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

$1.42 Billion

CN¥9.72 Billion CNY

Market Cap Rank

#7452 Global

#1647 in China

Share Price

CN¥37.15

Change (1 day)

-1.38%

52-Week Range

CN¥33.93 - CN¥58.97

All Time High

CN¥71.29