Shenzhen MeiG Smart Technology Co Ltd (002881) — Financial Flexibility Index

Latest as of September 2025: 0.12x

Shenzhen MeiG Smart Technology Co Ltd (002881) has a Financial Flexibility Index of 0.12x as of September 2025. Free cash flow of CN¥135.05 Million (operating CF CN¥125.31 Million minus capex CN¥9.74 Million) represents 0% of total liabilities (CN¥1.17 Billion). Check 002881 total capital reinvestment ratio to assess the company's total reinvestment commitment from operating cash flow.

Financial Flexibility Index

0.12x
Free Cash Flow / Total Liabilities

Free Cash Flow

CN¥135.05 Million
Operating CF − Capex

Total Liabilities

CN¥1.17 Billion
CNY

Capital Expenditures

CN¥9.74 Million
CNY

Shenzhen MeiG Smart Technology Co Ltd Financial Flexibility Index (2013–2024)

Historical Financial Flexibility Index trend for Shenzhen MeiG Smart Technology Co Ltd across 12 annual periods. For the full cash flow conversion analysis, see Shenzhen MeiG Smart Technology Co Ltd cash conversion from operations.

Annual Financial Flexibility Index for Shenzhen MeiG Smart Technology Co Ltd (2013–2024)

Year-by-year free cash flow to debt coverage for Shenzhen MeiG Smart Technology Co Ltd. Explore debt repayment capacity of Shenzhen MeiG Smart Technology Co Ltd to assess how comfortably operating cash covers total debt obligations.

Year Flexibility Index Free Cash Flow (CNY) Operating CF Total Liabilities YoY Change
2024 -0.09x CN¥-102.37 Million CN¥-129.89 Million CN¥1.19 Billion ▼ -200.0%
2023 0.09x CN¥57.11 Million CN¥-31.31 Million CN¥664.93 Million ▼ -16.6%
2022 0.10x CN¥93.34 Million CN¥31.82 Million CN¥906.45 Million ▲ +146.0%
2021 -0.22x CN¥-181.51 Million CN¥-199.61 Million CN¥811.28 Million ▼ -213.6%
2020 0.20x CN¥78.12 Million CN¥68.45 Million CN¥396.80 Million ▼ -31.5%
2019 0.29x CN¥67.69 Million CN¥30.85 Million CN¥235.56 Million ▲ +133.4%
2018 0.12x CN¥45.35 Million CN¥36.70 Million CN¥368.37 Million ▲ +529.6%
2017 -0.03x CN¥-9.23 Million CN¥-16.96 Million CN¥322.10 Million ▼ -153.0%
2016 0.05x CN¥13.24 Million CN¥3.40 Million CN¥244.93 Million ▼ -8.6%
2015 0.06x CN¥14.91 Million CN¥1.58 Million CN¥251.97 Million ▼ -73.9%
2014 0.23x CN¥37.78 Million CN¥11.82 Million CN¥166.71 Million ▼ -69.7%
2013 0.75x CN¥179.76 Million CN¥38.96 Million CN¥240.14 Million —
Financial Flexibility Index = (Operating CF − Capex) / Total Liabilities = Free Cash Flow / Total Liabilities