SPIC Dongfang New Energy Corp (000958) — Defensive Interval Ratio

Latest as of March 2026: 121 days

SPIC Dongfang New Energy Corp (000958) has a Defensive Interval Ratio of 121 days as of March 2026. Defensive assets of CN¥5.37 Billion (cash CN¥-, short-term investments CN¥-, receivables CN¥5.37 Billion) cover 121 days of daily cash needs of CN¥44.35 Million/day. See 000958 working capital efficiency to evaluate short-term liquidity relative to the company's equity base.

Defensive Interval Ratio

121 days
Days of operational coverage

Defensive Assets

CN¥5.37 Billion
Cash + ST Investments + Receivables

Daily Cash Need

CN¥44.35 Million
Current Liabilities ÷ 365

Current Liabilities

CN¥16.19 Billion
CNY

SPIC Dongfang New Energy Corp Defensive Interval Ratio (1996–2025)

This chart shows how SPIC Dongfang New Energy Corp's Defensive Interval Ratio has evolved across 30 annual periods from 1996 to 2025. As of March 2026, the ratio stands at 121 days, meaning defensive assets of CN¥5.37 Billion can fund 121 days of operations without new revenue. See debt-free asset ratio of SPIC Dongfang New Energy Corp to measure how much of total assets are equity-financed.

Annual Defensive Interval Ratio for SPIC Dongfang New Energy Corp (1996–2025)

The table below presents the year-by-year Defensive Interval Ratio for SPIC Dongfang New Energy Corp from 1996 to 2025, covering 30 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 how much is SPIC Dongfang New Energy Corp worth.

Year DIR (days) Defensive Assets (CNY) Daily Cash Need Cash ST Investments Change (days)
2025 114 days CN¥5.22 Billion CN¥45.67 Million/day CN¥- CN¥- ▼ -686 days
2024 800 days CN¥22.40 Billion CN¥28.00 Million/day CN¥- CN¥18.14 Billion ▼ -316 days
2023 1116 days CN¥20.57 Billion CN¥18.43 Million/day CN¥- CN¥16.90 Billion ▲ +206 days
2022 910 days CN¥19.66 Billion CN¥21.60 Million/day CN¥- CN¥16.53 Billion ▲ +371 days
2021 539 days CN¥17.99 Billion CN¥33.35 Million/day CN¥- CN¥14.91 Billion ▲ +418 days
2020 122 days CN¥16.22 Billion CN¥133.21 Million/day CN¥- CN¥13.58 Billion ▲ +21 days
2019 100 days CN¥11.63 Billion CN¥115.82 Million/day CN¥- CN¥9.33 Billion ▲ +30 days
2018 70 days CN¥7.59 Billion CN¥108.22 Million/day CN¥- CN¥5.74 Billion ▼ -8 days
2017 78 days CN¥594.97 Million CN¥7.62 Million/day CN¥- CN¥- ▼ -41 days
2016 119 days CN¥436.43 Million CN¥3.68 Million/day CN¥- CN¥- ▲ +9 days
2015 110 days CN¥433.84 Million CN¥3.95 Million/day CN¥- CN¥- ▲ +54 days
2014 56 days CN¥339.10 Million CN¥6.03 Million/day CN¥- CN¥- ▲ +27 days
2013 30 days CN¥133.82 Million CN¥4.52 Million/day CN¥- CN¥- ▼ -4 days
2012 34 days CN¥166.68 Million CN¥4.93 Million/day CN¥- CN¥- ▲ +8 days
2011 26 days CN¥122.65 Million CN¥4.74 Million/day CN¥- CN¥- ▼ -10 days
2010 36 days CN¥146.96 Million CN¥4.08 Million/day CN¥- CN¥- ▼ -27 days
2009 63 days CN¥209.87 Million CN¥3.34 Million/day CN¥- CN¥- ▼ -5 days
2008 68 days CN¥197.80 Million CN¥2.90 Million/day CN¥- CN¥- ▼ -31 days
2007 99 days CN¥255.26 Million CN¥2.57 Million/day CN¥- CN¥- ▼ -29 days
2006 128 days CN¥296.59 Million CN¥2.32 Million/day CN¥- CN¥- ▼ -43 days
2005 171 days CN¥524.67 Million CN¥3.06 Million/day CN¥- CN¥- ▼ -22 days
2004 193 days CN¥420.91 Million CN¥2.18 Million/day CN¥- CN¥- ▲ +62 days
2003 130 days CN¥153.81 Million CN¥1.18 Million/day CN¥- CN¥- ▼ -16 days
2002 146 days CN¥144.88 Million CN¥992.65K/day CN¥- CN¥- ▼ -22 days
2001 168 days CN¥124.37 Million CN¥741.10K/day CN¥- CN¥- ▲ +34 days
2000 134 days CN¥106.35 Million CN¥795.24K/day CN¥- CN¥- ▲ +127 days
1999 6 days CN¥6.17 Million CN¥962.51K/day CN¥- CN¥- ▼ -6 days
1998 12 days CN¥6.55 Million CN¥529.23K/day CN¥- CN¥- ▼ -95 days
1997 107 days CN¥43.51 Million CN¥406.06K/day CN¥- CN¥- ▼ -22 days
1996 129 days CN¥46.88 Million CN¥362.19K/day CN¥- CN¥- —
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)