Shenzhen MeiG Smart Technology Co Ltd (002881) — Cash Flow Quality Index

Latest as of September 2025: 4.32x

Shenzhen MeiG Smart Technology Co Ltd (002881) has a Cash Flow Quality Index of 4.32x as of September 2025. Operating cash flow of CN¥125.31 Million exceeds net income of CN¥29.00 Million, indicating high earnings quality where cash backs reported profits. Explore Shenzhen MeiG Smart Technology Co Ltd cash flow to debt ratio to assess how comfortably operating cash covers total debt obligations.

Cash Flow Quality Index

4.32x
Operating CF / Net Income

Operating Cash Flow

CN¥125.31 Million
CNY

Net Income

CN¥29.00 Million
CNY

Data as of

Sep 2025
Most recent filing

Shenzhen MeiG Smart Technology Co Ltd Cash Flow Quality Index (2013–2024)

Historical Cash Flow Quality Index for Shenzhen MeiG Smart Technology Co Ltd across 12 annual periods. Values consistently above 1.0x indicate high-quality earnings. For the full cash flow conversion analysis, see 002881 cash flow conversion.

Annual Cash Flow Quality Index for Shenzhen MeiG Smart Technology Co Ltd (2013–2024)

Year-by-year earnings quality comparison for Shenzhen MeiG Smart Technology Co Ltd.

Year Quality Index Operating CF (CNY) Net Income YoY Change
2024 -0.97x CN¥-129.89 Million CN¥134.37 Million ▼ -99.1%
2023 -0.49x CN¥-31.31 Million CN¥64.51 Million ▼ -293.1%
2022 0.25x CN¥31.82 Million CN¥126.61 Million ▲ +114.8%
2021 -1.70x CN¥-199.61 Million CN¥117.74 Million ▼ -168.0%
2020 2.49x CN¥68.45 Million CN¥27.44 Million ▲ +97.7%
2019 1.26x CN¥30.85 Million CN¥24.45 Million ▲ +60.4%
2018 0.79x CN¥36.70 Million CN¥46.66 Million ▲ +361.0%
2017 -0.30x CN¥-16.96 Million CN¥56.29 Million ▼ -514.7%
2016 0.07x CN¥3.40 Million CN¥46.71 Million ▲ +47.0%
2015 0.05x CN¥1.58 Million CN¥31.85 Million ▼ -89.7%
2014 0.48x CN¥11.82 Million CN¥24.62 Million ▼ -78.0%
2013 2.18x CN¥38.96 Million CN¥17.89 Million
Cash Flow Quality Index = Operating Cash Flow / Net Income. Ratios above 1.0x indicate cash-backed earnings.