Shandong Hi-Speed Road&Bridge (000498) — Defensive Interval Ratio

Latest as of March 2026: 75 days

Shandong Hi-Speed Road&Bridge (000498) has a Defensive Interval Ratio of 75 days as of March 2026. Defensive assets of CN¥22.72 Billion (cash CN¥-, short-term investments CN¥-, receivables CN¥22.72 Billion) cover 75 days of daily cash needs of CN¥301.08 Million/day.

Defensive Interval Ratio

75 days
Days of operational coverage

Defensive Assets

CN¥22.72 Billion
Cash + ST Investments + Receivables

Daily Cash Need

CN¥301.08 Million
Current Liabilities ÷ 365

Current Liabilities

CN¥109.90 Billion
CNY

Shandong Hi-Speed Road&Bridge Defensive Interval Ratio (1994–2025)

This chart shows how Shandong Hi-Speed Road&Bridge's Defensive Interval Ratio has evolved across 29 annual periods from 1994 to 2025. As of March 2026, the ratio stands at 75 days, meaning defensive assets of CN¥22.72 Billion can fund 75 days of operations without new revenue. For the complete balance sheet picture, see balance sheet size of Shandong Hi-Speed Road&Bridge.

Annual Defensive Interval Ratio for Shandong Hi-Speed Road&Bridge (1994–2025)

The table below presents the year-by-year Defensive Interval Ratio for Shandong Hi-Speed Road&Bridge from 1994 to 2025, covering 29 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 Shandong Hi-Speed Road&Bridge 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 69 days CN¥21.91 Billion CN¥315.43 Million/day CN¥- CN¥- ▼ -260 days
2024 330 days CN¥93.19 Billion CN¥282.67 Million/day CN¥- CN¥230.96 Million ▲ +13 days
2023 316 days CN¥76.94 Billion CN¥243.11 Million/day CN¥- CN¥423.69 Million ▲ +15 days
2022 301 days CN¥60.17 Billion CN¥199.67 Million/day CN¥- CN¥- ▲ +9 days
2021 292 days CN¥44.41 Billion CN¥152.15 Million/day CN¥- CN¥9.80 Million ▲ +34 days
2020 258 days CN¥24.80 Billion CN¥96.20 Million/day CN¥- CN¥23.32 Million ▲ +140 days
2019 118 days CN¥6.41 Billion CN¥54.40 Million/day CN¥- CN¥8.33 Million ▼ -3 days
2018 121 days CN¥5.09 Billion CN¥42.15 Million/day CN¥- CN¥7.42 Million ▼ -44 days
2017 165 days CN¥4.92 Billion CN¥29.77 Million/day CN¥- CN¥41.60 Million ▲ +35 days
2016 130 days CN¥3.60 Billion CN¥27.68 Million/day CN¥- CN¥- ▼ -51 days
2015 182 days CN¥3.65 Billion CN¥20.07 Million/day CN¥- CN¥- ▲ +30 days
2014 152 days CN¥2.78 Billion CN¥18.35 Million/day CN¥- CN¥- ▲ +26 days
2013 126 days CN¥2.19 Billion CN¥17.36 Million/day CN¥- CN¥- ▲ +14 days
2012 112 days CN¥1.97 Billion CN¥17.60 Million/day CN¥- CN¥- ▲ +111 days
2009 0 days CN¥560.00K CN¥1.47 Million/day CN¥- CN¥- ▼ -1 days
2008 2 days CN¥6.58 Million CN¥3.75 Million/day CN¥- CN¥- ▼ -6 days
2007 8 days CN¥31.95 Million CN¥4.08 Million/day CN¥- CN¥- ▼ -128 days
2006 135 days CN¥534.40 Million CN¥3.95 Million/day CN¥- CN¥- ▲ +4 days
2005 132 days CN¥583.71 Million CN¥4.43 Million/day CN¥- CN¥196.04K ▲ +123 days
2004 9 days CN¥34.43 Million CN¥4.03 Million/day CN¥- CN¥200.00K ▼ -8 days
2003 17 days CN¥55.76 Million CN¥3.37 Million/day CN¥- CN¥- ▼ -2 days
2002 19 days CN¥52.58 Million CN¥2.80 Million/day CN¥- CN¥- ▼ -104 days
2001 123 days CN¥283.46 Million CN¥2.30 Million/day CN¥- CN¥- ▲ +104 days
2000 19 days CN¥31.58 Million CN¥1.64 Million/day CN¥- CN¥- ▼ -4 days
1999 23 days CN¥26.53 Million CN¥1.15 Million/day CN¥- CN¥- ▼ -97 days
1997 120 days CN¥71.73 Million CN¥599.04K/day CN¥- CN¥40.00 Million ▲ +79 days
1996 40 days CN¥33.73 Million CN¥836.61K/day CN¥- CN¥- ▼ 0 days
1995 40 days CN¥39.77 Million CN¥984.36K/day CN¥- CN¥- ▲ +23 days
1994 18 days CN¥16.43 Million CN¥930.55K/day CN¥- CN¥- —
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)