Shenzhen MeiG Smart Technology Co Ltd (002881) — Cash Flow-to-Debt Ratio
Shenzhen MeiG Smart Technology Co Ltd (002881) has a Cash Flow-to-Debt Ratio of 0.11x as of September 2025, meaning its operating cash flow of CN¥125.31 Million could theoretically repay 0% of its total liabilities (CN¥1.17 Billion) in one year. See 002881 FCF to total liabilities ratio to measure the company's free cash flow as a share of total liabilities.
CF-to-Debt Ratio
Operating Cash Flow
Total Liabilities
Data as of
Shenzhen MeiG Smart Technology Co Ltd Cash Flow-to-Debt Ratio (2013–2024)
Historical debt coverage capacity for Shenzhen MeiG Smart Technology Co Ltd across 12 annual periods. For the full cash flow conversion analysis, see 002881 cash generation efficiency.
Annual Cash Flow-to-Debt Ratio for Shenzhen MeiG Smart Technology Co Ltd (2013–2024)
Year-by-year debt coverage analysis for Shenzhen MeiG Smart Technology Co Ltd. Check earnings quality score of Shenzhen MeiG Smart Technology Co Ltd to evaluate the quality of earnings relative to operating cash generation.
| Year | CF-to-Debt Ratio | Operating CF (CNY) | Total Liabilities | YoY Change |
|---|---|---|---|---|
| 2024 | -0.11x | CN¥-129.89 Million | CN¥1.19 Billion | ▼ -131.3% |
| 2023 | -0.05x | CN¥-31.31 Million | CN¥664.93 Million | ▼ -234.1% |
| 2022 | 0.04x | CN¥31.82 Million | CN¥906.45 Million | ▲ +114.3% |
| 2021 | -0.25x | CN¥-199.61 Million | CN¥811.28 Million | ▼ -242.6% |
| 2020 | 0.17x | CN¥68.45 Million | CN¥396.80 Million | ▲ +31.7% |
| 2019 | 0.13x | CN¥30.85 Million | CN¥235.56 Million | ▲ +31.5% |
| 2018 | 0.10x | CN¥36.70 Million | CN¥368.37 Million | ▲ +289.2% |
| 2017 | -0.05x | CN¥-16.96 Million | CN¥322.10 Million | ▼ -479.9% |
| 2016 | 0.01x | CN¥3.40 Million | CN¥244.93 Million | ▲ +121.7% |
| 2015 | 0.01x | CN¥1.58 Million | CN¥251.97 Million | ▼ -91.2% |
| 2014 | 0.07x | CN¥11.82 Million | CN¥166.71 Million | ▼ -56.3% |
| 2013 | 0.16x | CN¥38.96 Million | CN¥240.14 Million | — |