Shenzhen Megmeet Electrical Co Ltd (002851) — Cash Flow Quality Index

Latest as of September 2025: -2.30x

Shenzhen Megmeet Electrical Co Ltd (002851) has a Cash Flow Quality Index of -2.30x as of September 2025. Operating cash flow of CN¥-89.77 Million is below net income of CN¥39.03 Million, suggesting accrual-heavy earnings not yet converted to cash. Explore 002851 debt coverage from operations to assess how comfortably operating cash covers total debt obligations.

Cash Flow Quality Index

-2.30x
Operating CF / Net Income

Operating Cash Flow

CN¥-89.77 Million
CNY

Net Income

CN¥39.03 Million
CNY

Data as of

Sep 2025
Most recent filing

Shenzhen Megmeet Electrical Co Ltd Cash Flow Quality Index (2009–2025)

Historical Cash Flow Quality Index for Shenzhen Megmeet Electrical Co Ltd across 17 annual periods. Values consistently above 1.0x indicate high-quality earnings. For the full cash flow conversion analysis, see Shenzhen Megmeet Electrical Co Ltd (002851) cash flow conversion.

Annual Cash Flow Quality Index for Shenzhen Megmeet Electrical Co Ltd (2009–2025)

Year-by-year earnings quality comparison for Shenzhen Megmeet Electrical Co Ltd.

Year Quality Index Operating CF (CNY) Net Income YoY Change
2025 -0.96x CN¥-139.33 Million CN¥145.75 Million ▼ -418.4%
2024 0.30x CN¥137.69 Million CN¥458.69 Million ▼ -39.5%
2023 0.50x CN¥309.93 Million CN¥625.11 Million ▲ +1229.8%
2022 -0.04x CN¥-20.74 Million CN¥472.70 Million ▲ +85.0%
2021 -0.29x CN¥-113.41 Million CN¥388.85 Million ▼ -125.4%
2020 1.15x CN¥464.10 Million CN¥403.46 Million ▼ -31.9%
2019 1.69x CN¥616.17 Million CN¥364.84 Million ▲ +459.8%
2018 -0.47x CN¥-94.87 Million CN¥202.10 Million ▼ -157.4%
2017 0.82x CN¥95.68 Million CN¥117.05 Million ▲ +72.2%
2016 0.47x CN¥71.59 Million CN¥150.81 Million ▲ +121.9%
2015 0.21x CN¥13.93 Million CN¥65.09 Million ▲ +109.3%
2014 -2.30x CN¥-92.80 Million CN¥40.36 Million ▼ -247.0%
2013 1.56x CN¥36.99 Million CN¥23.65 Million ▲ +219.3%
2012 0.49x CN¥36.30 Million CN¥74.07 Million ▼ -62.3%
2011 1.30x CN¥137.09 Million CN¥105.35 Million ▲ +21.0%
2010 1.08x CN¥43.32 Million CN¥40.30 Million ▼ -4.1%
2009 1.12x CN¥71.80 Million CN¥64.08 Million —
Cash Flow Quality Index = Operating Cash Flow / Net Income. Ratios above 1.0x indicate cash-backed earnings.