Changchai Co Ltd (000570) — Defensive Interval Ratio

Latest as of September 2025: 452 days

Changchai Co Ltd (000570) has a Defensive Interval Ratio of 452 days as of September 2025. Defensive assets of CN¥1.88 Billion (cash CN¥-, short-term investments CN¥359.55 Million, receivables CN¥1.52 Billion) cover 452 days of daily cash needs of CN¥4.16 Million/day. Check 000570 goodwill-adjusted equity ratio to evaluate the tangible quality of the company's equity base.

Defensive Interval Ratio

452 days
Days of operational coverage

Defensive Assets

CN¥1.88 Billion
Cash + ST Investments + Receivables

Daily Cash Need

CN¥4.16 Million
Current Liabilities ÷ 365

Current Liabilities

CN¥1.52 Billion
CNY

Changchai Co Ltd Defensive Interval Ratio (1994–2024)

This chart shows how Changchai Co Ltd's Defensive Interval Ratio has evolved across 31 annual periods from 1994 to 2024. As of September 2025, the ratio stands at 452 days, meaning defensive assets of CN¥1.88 Billion can fund 452 days of operations without new revenue. Also explore how fast is Changchai Co Ltd growing its equity to track the company's year-over-year net asset growth rate.

Annual Defensive Interval Ratio for Changchai Co Ltd (1994–2024)

The table below presents the year-by-year Defensive Interval Ratio for Changchai Co Ltd from 1994 to 2024, covering 31 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 000570 company net worth.

Year DIR (days) Defensive Assets (CNY) Daily Cash Need Cash ST Investments Change (days)
2024 282 days CN¥1.30 Billion CN¥4.62 Million/day CN¥- CN¥303.67 Million ▲ +60 days
2023 221 days CN¥899.69 Million CN¥4.07 Million/day CN¥- CN¥225.64 Million ▼ -60 days
2022 281 days CN¥1.28 Billion CN¥4.56 Million/day CN¥- CN¥370.10 Million ▼ -85 days
2021 366 days CN¥1.61 Billion CN¥4.40 Million/day CN¥- CN¥404.05 Million ▲ +124 days
2020 242 days CN¥1.01 Billion CN¥4.17 Million/day CN¥- CN¥11.50 Million ▼ -63 days
2019 305 days CN¥1.04 Billion CN¥3.40 Million/day CN¥- CN¥13.05 Million ▲ +70 days
2018 235 days CN¥882.48 Million CN¥3.76 Million/day CN¥- CN¥8.25 Million ▼ -84 days
2017 319 days CN¥1.12 Billion CN¥3.52 Million/day CN¥- CN¥13.50 Million ▲ +57 days
2016 262 days CN¥868.35 Million CN¥3.32 Million/day CN¥- CN¥8.00 Million ▼ -18 days
2015 279 days CN¥839.10 Million CN¥3.00 Million/day CN¥- CN¥32.00 Million ▲ +50 days
2014 230 days CN¥690.68 Million CN¥3.01 Million/day CN¥- CN¥2.11 Million ▲ +42 days
2013 187 days CN¥587.86 Million CN¥3.14 Million/day CN¥- CN¥- ▲ +24 days
2012 164 days CN¥505.05 Million CN¥3.08 Million/day CN¥- CN¥- ▼ -34 days
2011 198 days CN¥553.60 Million CN¥2.80 Million/day CN¥- CN¥- ▲ +22 days
2010 176 days CN¥550.16 Million CN¥3.12 Million/day CN¥- CN¥292.09K ▲ +40 days
2009 136 days CN¥384.18 Million CN¥2.82 Million/day CN¥- CN¥- ▼ -11 days
2008 148 days CN¥267.92 Million CN¥1.82 Million/day CN¥- CN¥21.64 Million ▼ -2 days
2007 150 days CN¥286.22 Million CN¥1.91 Million/day CN¥- CN¥59.04 Million ▼ -9 days
2006 159 days CN¥335.87 Million CN¥2.12 Million/day CN¥- CN¥- ▲ +3 days
2005 155 days CN¥386.09 Million CN¥2.49 Million/day CN¥- CN¥- ▲ +2 days
2004 153 days CN¥411.16 Million CN¥2.68 Million/day CN¥- CN¥51.00K ▼ -26 days
2003 179 days CN¥551.00 Million CN¥3.08 Million/day CN¥- CN¥51.00K ▲ +1 days
2002 178 days CN¥669.71 Million CN¥3.77 Million/day CN¥- CN¥130.00K ▼ -145 days
2001 323 days CN¥1.17 Billion CN¥3.62 Million/day CN¥- CN¥44.83 Million ▲ +314 days
2000 9 days CN¥40.63 Million CN¥4.41 Million/day CN¥- CN¥- ▲ +3 days
1999 6 days CN¥28.66 Million CN¥4.88 Million/day CN¥- CN¥40.00 Million ▼ -48 days
1998 54 days CN¥279.05 Million CN¥5.17 Million/day CN¥- CN¥50.00 Million ▼ -23 days
1997 77 days CN¥300.82 Million CN¥3.89 Million/day CN¥- CN¥100.00 Million ▼ -51 days
1996 128 days CN¥430.29 Million CN¥3.36 Million/day CN¥- CN¥318.89 Million ▲ +12 days
1995 116 days CN¥174.52 Million CN¥1.50 Million/day CN¥- CN¥144.00 Million ▼ -117 days
1994 233 days CN¥169.11 Million CN¥726.75K/day CN¥- CN¥99.35 Million —
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)