Changhong Meiling Co Ltd (000521) — Defensive Interval Ratio

Latest as of September 2025: 117 days

Changhong Meiling Co Ltd (000521) has a Defensive Interval Ratio of 117 days as of September 2025. Defensive assets of CN¥5.46 Billion (cash CN¥-, short-term investments CN¥1.78 Billion, receivables CN¥3.69 Billion) cover 117 days of daily cash needs of CN¥46.68 Million/day. Check 000521 goodwill-adjusted equity ratio to evaluate the tangible quality of the company's equity base.

Defensive Interval Ratio

117 days
Days of operational coverage

Defensive Assets

CN¥5.46 Billion
Cash + ST Investments + Receivables

Daily Cash Need

CN¥46.68 Million
Current Liabilities ÷ 365

Current Liabilities

CN¥17.04 Billion
CNY

Changhong Meiling Co Ltd Defensive Interval Ratio (1993–2024)

This chart shows how Changhong Meiling Co Ltd's Defensive Interval Ratio has evolved across 32 annual periods from 1993 to 2024. As of September 2025, the ratio stands at 117 days, meaning defensive assets of CN¥5.46 Billion can fund 117 days of operations without new revenue. Also explore net asset growth rate of Changhong Meiling Co Ltd to track the company's year-over-year net asset growth rate.

Annual Defensive Interval Ratio for Changhong Meiling Co Ltd (1993–2024)

The table below presents the year-by-year Defensive Interval Ratio for Changhong Meiling Co Ltd from 1993 to 2024, covering 32 annual filings. Each row shows defensive assets, daily cash need, the DIR in days, and the change in days compared to the prior year. For live market cap and the full company financial profile, see Changhong Meiling Co Ltd market cap and net worth.

Year DIR (days) Defensive Assets (CNY) Daily Cash Need Cash ST Investments Change (days)
2024 75 days CN¥3.54 Billion CN¥47.04 Million/day CN¥- CN¥361.71 Million ▼ -19 days
2023 95 days CN¥3.33 Billion CN¥35.20 Million/day CN¥- CN¥39.24 Million ▼ -5 days
2022 100 days CN¥2.81 Billion CN¥28.13 Million/day CN¥- CN¥57.66 Million ▼ -22 days
2021 122 days CN¥3.27 Billion CN¥26.81 Million/day CN¥- CN¥18.00 Million ▲ +3 days
2020 119 days CN¥3.48 Billion CN¥29.29 Million/day CN¥- CN¥47.24 Million ▼ -24 days
2019 143 days CN¥3.26 Billion CN¥22.79 Million/day CN¥- CN¥7.73 Million ▼ -6 days
2018 149 days CN¥4.07 Billion CN¥27.30 Million/day CN¥- CN¥9.25 Million ▲ +9 days
2017 140 days CN¥3.87 Billion CN¥27.67 Million/day CN¥- CN¥15.65 Million ▲ +3 days
2016 137 days CN¥2.55 Billion CN¥18.62 Million/day CN¥- CN¥12.06 Million ▼ -58 days
2015 195 days CN¥2.61 Billion CN¥13.41 Million/day CN¥- CN¥-14.08 Million ▲ +18 days
2014 177 days CN¥2.44 Billion CN¥13.79 Million/day CN¥- CN¥-90.70 Million ▼ -19 days
2013 196 days CN¥2.60 Billion CN¥13.26 Million/day CN¥- CN¥-91.83 Million ▼ -15 days
2012 211 days CN¥2.49 Billion CN¥11.83 Million/day CN¥- CN¥- ▲ +31 days
2011 180 days CN¥2.14 Billion CN¥11.90 Million/day CN¥- CN¥- ▲ +12 days
2010 167 days CN¥1.88 Billion CN¥11.21 Million/day CN¥- CN¥- ▲ +15 days
2009 152 days CN¥1.36 Billion CN¥8.90 Million/day CN¥- CN¥- ▲ +102 days
2008 50 days CN¥312.42 Million CN¥6.22 Million/day CN¥- CN¥-362.10 Million ▼ -22 days
2007 72 days CN¥388.48 Million CN¥5.40 Million/day CN¥- CN¥-292.52 Million ▼ -56 days
2006 128 days CN¥505.20 Million CN¥3.95 Million/day CN¥- CN¥- ▲ +90 days
2005 37 days CN¥158.76 Million CN¥4.24 Million/day CN¥- CN¥- ▲ +7 days
2004 31 days CN¥122.06 Million CN¥3.98 Million/day CN¥- CN¥- ▼ -352 days
2003 383 days CN¥1.39 Billion CN¥3.62 Million/day CN¥- CN¥- ▲ +90 days
2002 293 days CN¥967.80 Million CN¥3.31 Million/day CN¥- CN¥- ▼ -86 days
2001 379 days CN¥1.27 Billion CN¥3.34 Million/day CN¥- CN¥- ▲ +361 days
2000 18 days CN¥53.53 Million CN¥3.04 Million/day CN¥- CN¥- ▼ -16 days
1999 34 days CN¥94.70 Million CN¥2.83 Million/day CN¥- CN¥- ▼ -2 days
1998 35 days CN¥94.62 Million CN¥2.67 Million/day CN¥- CN¥- ▲ +0 days
1997 35 days CN¥83.99 Million CN¥2.39 Million/day CN¥- CN¥- ▼ -7 days
1996 43 days CN¥109.74 Million CN¥2.58 Million/day CN¥- CN¥- ▼ -32 days
1995 74 days CN¥99.94 Million CN¥1.34 Million/day CN¥- CN¥80.42K ▼ -117 days
1994 191 days CN¥170.90 Million CN¥893.56K/day CN¥- CN¥90.25K ▲ +112 days
1993 80 days CN¥43.51 Million CN¥545.61K/day CN¥- CN¥192.91K
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)