Shenzhen MeiG Smart Technology Co Ltd (002881) — Cash Flow-to-Debt Ratio

Latest as of September 2025: 0.11x

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. Check cash flow reinvestment rate of Shenzhen MeiG Smart Technology Co Ltd to assess the company's total reinvestment commitment from operating cash flow.

CF-to-Debt Ratio

0.11x
Operating CF / Total Liabilities

Operating Cash Flow

CN¥125.31 Million
CNY

Total Liabilities

CN¥1.17 Billion
CNY

Data as of

Sep 2025
Most recent filing

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. Also explore 002881 total asset value for the complete picture of this company's asset base.

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. For market capitalisation and broader financial context, see 002881 market cap.

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
Cash Flow-to-Debt Ratio = Operating Cash Flow / Total Liabilities. Higher is better for debt service capacity.