China High-Speed Railway Technology (000008) — Defensive Interval Ratio

Latest as of June 2026: 139 days

China High-Speed Railway Technology (000008) has a Defensive Interval Ratio of 139 days as of June 2026. Defensive assets of CN¥1.82 Billion (cash CN¥-, short-term investments CN¥-, receivables CN¥1.82 Billion) cover 139 days of daily cash needs of CN¥13.07 Million/day.

Defensive Interval Ratio

139 days
Days of operational coverage

Defensive Assets

CN¥1.82 Billion
Cash + ST Investments + Receivables

Daily Cash Need

CN¥13.07 Million
Current Liabilities ÷ 365

Current Liabilities

CN¥4.77 Billion
CNY

China High-Speed Railway Technology Defensive Interval Ratio (1992–2025)

This chart shows how China High-Speed Railway Technology's Defensive Interval Ratio has evolved across 33 annual periods from 1992 to 2025. As of June 2026, the ratio stands at 139 days, meaning defensive assets of CN¥1.82 Billion can fund 139 days of operations without new revenue. For the complete balance sheet picture, see China High-Speed Railway Technology asset portfolio.

Annual Defensive Interval Ratio for China High-Speed Railway Technology (1992–2025)

The table below presents the year-by-year Defensive Interval Ratio for China High-Speed Railway Technology from 1992 to 2025, covering 33 annual filings. Each row shows defensive assets, daily cash need, the DIR in days, and the change in days compared to the prior year. See China High-Speed Railway Technology working capital to net assets to evaluate short-term liquidity relative to the company's equity base.

Year DIR (days) Defensive Assets (CNY) Daily Cash Need Cash ST Investments Change (days)
2025 177 days CN¥2.14 Billion CN¥12.15 Million/day CN¥- CN¥- ▼ -2 days
2024 178 days CN¥2.64 Billion CN¥14.85 Million/day CN¥- CN¥- ▲ +6 days
2023 172 days CN¥3.02 Billion CN¥17.60 Million/day CN¥- CN¥- ▼ -12 days
2022 183 days CN¥2.96 Billion CN¥16.14 Million/day CN¥- CN¥- ▼ -44 days
2021 228 days CN¥3.46 Billion CN¥15.17 Million/day CN¥- CN¥- ▼ -75 days
2020 303 days CN¥3.81 Billion CN¥12.56 Million/day CN¥- CN¥12.25 Million ▼ -46 days
2019 349 days CN¥3.92 Billion CN¥11.24 Million/day CN¥- CN¥12.37 Million ▼ -83 days
2018 431 days CN¥3.28 Billion CN¥7.59 Million/day CN¥- CN¥332.06K ▲ +153 days
2017 279 days CN¥2.62 Billion CN¥9.39 Million/day CN¥- CN¥24.27 Million ▼ -70 days
2016 349 days CN¥1.88 Billion CN¥5.39 Million/day CN¥- CN¥40.04 Million ▼ -106 days
2015 455 days CN¥787.21 Million CN¥1.73 Million/day CN¥- CN¥5.94 Million ▲ +296 days
2014 159 days CN¥32.75 Million CN¥205.43K/day CN¥- CN¥24.85 Million ▼ -142 days
2013 301 days CN¥52.05 Million CN¥172.72K/day CN¥- CN¥45.90 Million ▲ +94 days
2012 208 days CN¥41.55 Million CN¥200.01K/day CN¥- CN¥26.91 Million ▼ -4350 days
2011 4558 days CN¥42.15 Million CN¥9.25K/day CN¥- CN¥7.00 Million ▲ +4407 days
2010 151 days CN¥1.53 Million CN¥10.18K/day CN¥- CN¥54.46K ▲ +82 days
2009 68 days CN¥1.14 Million CN¥16.66K/day CN¥- CN¥82.61K ▼ -12 days
2008 80 days CN¥1.09 Million CN¥13.57K/day CN¥- CN¥32.72K ▲ +20 days
2007 61 days CN¥976.00K CN¥16.10K/day CN¥- CN¥- ▼ -454 days
2006 515 days CN¥7.49 Million CN¥14.54K/day CN¥- CN¥509.76K ▲ +297 days
2005 218 days CN¥13.47 Million CN¥61.92K/day CN¥- CN¥- ▼ -301 days
2004 519 days CN¥25.49 Million CN¥49.16K/day CN¥- CN¥- ▲ +516 days
2003 2 days CN¥195.03K CN¥81.90K/day CN¥- CN¥- ▼ 0 days
2002 3 days CN¥722.60K CN¥283.02K/day CN¥- CN¥- ▼ -53 days
2001 55 days CN¥21.54 Million CN¥389.53K/day CN¥- CN¥- ▲ +53 days
2000 2 days CN¥1.06 Million CN¥456.52K/day CN¥- CN¥- ▼ -24 days
1998 26 days CN¥13.81 Million CN¥527.87K/day CN¥- CN¥- ▲ +18 days
1997 8 days CN¥3.78 Million CN¥456.20K/day CN¥- CN¥- ▲ +8 days
1996 1 days CN¥185.21K CN¥264.21K/day CN¥- CN¥- ▼ -50 days
1995 51 days CN¥11.93 Million CN¥234.83K/day CN¥- CN¥11.93 Million ▲ +5 days
1994 46 days CN¥11.93 Million CN¥258.60K/day CN¥- CN¥11.93 Million ▲ +1 days
1993 45 days CN¥12.94 Million CN¥288.39K/day CN¥- CN¥12.93 Million ▼ -8 days
1992 53 days CN¥8.53 Million CN¥162.44K/day CN¥- CN¥914.76K —
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)