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. See Shenzhen MeiG Smart Technology Co Ltd (002881) defensive interval to measure how many days the company can operate on defensive assets alone.

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.

Company	Cash Flow Conversion Efficiency
Interroll Holding AG SW:INRN	0.069x
Xpel Inc NASDAQ:XPEL	0.121x
Topscore Fashion SHG:603608	0.016x
EFORT Intelligent Equipment Co Ltd SHG:688165	-0.078x
Shenzhen JT Automation Equipment Co Ltd SHE:300400	0.056x
Adecoagro S.A F:ACD	0.095x
Ircon International Limited NSE:IRCON	0.013x
Guangdong Marubi Biotechnology Co SHG:603983	0.012x

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

$1.37 Billion

CN¥9.33 Billion CNY

Market Cap Rank

#7636 Global

#1748 in China

Share Price

CN¥35.65

Change (1 day)

-4.88%

52-Week Range

CN¥35.65 - CN¥58.97

All Time High

CN¥71.29