Shanxi Meijin Energy Co Ltd (000723) — Defensive Interval Ratio

Latest as of March 2026: 23 days

Shanxi Meijin Energy Co Ltd (000723) has a Defensive Interval Ratio of 23 days as of March 2026. Defensive assets of CN¥1.12 Billion (cash CN¥-, short-term investments CN¥2.71 Million, receivables CN¥1.12 Billion) cover 23 days of daily cash needs of CN¥47.81 Million/day. Check Shanxi Meijin Energy Co Ltd tangible book value ratio to evaluate the tangible quality of the company's equity base.

Defensive Interval Ratio

23 days
Days of operational coverage

Defensive Assets

CN¥1.12 Billion
Cash + ST Investments + Receivables

Daily Cash Need

CN¥47.81 Million
Current Liabilities ÷ 365

Current Liabilities

CN¥17.45 Billion
CNY

Shanxi Meijin Energy Co Ltd Defensive Interval Ratio (1994–2025)

This chart shows how Shanxi Meijin Energy Co Ltd's Defensive Interval Ratio has evolved across 32 annual periods from 1994 to 2025. As of March 2026, the ratio stands at 23 days, meaning defensive assets of CN¥1.12 Billion can fund 23 days of operations without new revenue. Also explore Shanxi Meijin Energy Co Ltd (000723) equity growth momentum to track the company's year-over-year net asset growth rate.

Annual Defensive Interval Ratio for Shanxi Meijin Energy Co Ltd (1994–2025)

The table below presents the year-by-year Defensive Interval Ratio for Shanxi Meijin Energy Co Ltd from 1994 to 2025, 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 Shanxi Meijin Energy Co Ltd stock valuation.

Year DIR (days) Defensive Assets (CNY) Daily Cash Need Cash ST Investments Change (days)
2025 20 days CN¥1.01 Billion CN¥50.87 Million/day CN¥- CN¥3.05 Million ▼ -28 days
2024 48 days CN¥2.59 Billion CN¥54.11 Million/day CN¥- CN¥188.41K ▲ +5 days
2023 42 days CN¥2.06 Billion CN¥48.50 Million/day CN¥- CN¥1.09 Million ▼ -82 days
2022 124 days CN¥4.88 Billion CN¥39.22 Million/day CN¥- CN¥2.09 Billion ▲ +45 days
2021 79 days CN¥2.75 Billion CN¥34.66 Million/day CN¥- CN¥- ▼ -12 days
2020 91 days CN¥3.33 Billion CN¥36.52 Million/day CN¥- CN¥- ▲ +2 days
2019 89 days CN¥2.19 Billion CN¥24.51 Million/day CN¥- CN¥731.65K ▼ -3 days
2018 92 days CN¥2.32 Billion CN¥25.31 Million/day CN¥- CN¥2.01 Million ▼ -6 days
2017 98 days CN¥1.55 Billion CN¥15.89 Million/day CN¥- CN¥11.29 Million ▼ -21 days
2016 119 days CN¥1.41 Billion CN¥11.88 Million/day CN¥- CN¥- ▼ -67 days
2015 186 days CN¥3.49 Billion CN¥18.77 Million/day CN¥- CN¥- ▲ +25 days
2014 161 days CN¥5.38 Billion CN¥33.32 Million/day CN¥- CN¥2.39 Million ▼ -210 days
2013 372 days CN¥405.27 Million CN¥1.09 Million/day CN¥- CN¥- ▼ -3 days
2012 375 days CN¥314.12 Million CN¥838.66K/day CN¥- CN¥- ▲ +224 days
2011 151 days CN¥166.62 Million CN¥1.11 Million/day CN¥- CN¥- ▼ -108 days
2010 258 days CN¥299.22 Million CN¥1.16 Million/day CN¥- CN¥- ▲ +122 days
2009 136 days CN¥181.83 Million CN¥1.34 Million/day CN¥- CN¥- ▼ -112 days
2008 248 days CN¥488.09 Million CN¥1.97 Million/day CN¥- CN¥- ▲ +180 days
2007 69 days CN¥121.98 Million CN¥1.78 Million/day CN¥- CN¥- ▼ -234 days
2006 303 days CN¥324.06 Million CN¥1.07 Million/day CN¥- CN¥- ▲ +58 days
2005 245 days CN¥292.80 Million CN¥1.19 Million/day CN¥- CN¥- ▼ -14 days
2004 259 days CN¥314.18 Million CN¥1.21 Million/day CN¥- CN¥- ▼ -12 days
2003 271 days CN¥341.01 Million CN¥1.26 Million/day CN¥- CN¥- ▲ +29 days
2002 243 days CN¥279.85 Million CN¥1.15 Million/day CN¥- CN¥- ▲ +67 days
2001 175 days CN¥230.59 Million CN¥1.32 Million/day CN¥- CN¥- ▼ -46 days
2000 221 days CN¥284.77 Million CN¥1.29 Million/day CN¥- CN¥- ▲ +219 days
1999 2 days CN¥3.21 Million CN¥1.30 Million/day CN¥- CN¥- ▼ -160 days
1998 162 days CN¥183.85 Million CN¥1.13 Million/day CN¥- CN¥2.96 Million ▼ -37 days
1997 199 days CN¥172.80 Million CN¥866.23K/day CN¥- CN¥5.46 Million ▲ +39 days
1996 160 days CN¥107.68 Million CN¥671.87K/day CN¥- CN¥5.46 Million ▲ +129 days
1995 31 days CN¥6.81 Million CN¥216.71K/day CN¥- CN¥5.00 Million ▼ -33 days
1994 64 days CN¥8.99 Million CN¥140.21K/day CN¥- CN¥7.56 Million
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)