Merchant Express Class A Defensive Interval Ratio
Merchant Express Class A defensive interval ratio. Merchant Express Class A (001965) has a Defensive Interval Ratio of 165 days as of September 2025. Defensive assets of CN¥5.42 Billion (cash CN¥-, short-term investments CN¥-, receivables CN¥5.42 Billion) cover 165 days of daily cash needs of CN¥32.77 Million/day. See how liquid is Merchant Express Class A's working capital to evaluate short-term liquidity relative to the company's equity base.
Defensive Interval Ratio
Defensive Assets
Daily Cash Need
Current Liabilities
Defensive Interval Ratio of Merchant Express Class A (2014–2024)
Defensive interval ratio of Merchant Express Class A from 2014 to 2024. This chart shows how Merchant Express Class A's Defensive Interval Ratio has evolved across 11 annual periods from 2014 to 2024. As of September 2025, the ratio stands at 165 days, meaning defensive assets of CN¥5.42 Billion can fund 165 days of operations without new revenue. Check how resilient are Merchant Express Class A's assets to evaluate the company's liquid asset resilience ratio.
Merchant Express Class A Defensive Interval Ratio by Year (2014–2024)
Merchant Express Class A defensive interval ratio by year from 2014 to 2024. The table below presents the year-by-year Defensive Interval Ratio for Merchant Express Class A from 2014 to 2024, covering 11 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 the complete balance sheet picture, see how large is Merchant Express Class A's balance sheet.
| Year | DIR (days) | Defensive Assets (CNY) | Daily Cash Need | Cash | ST Investments | Change (days) |
|---|---|---|---|---|---|---|
| 2024 | 96 days | CN¥4.26 Billion | CN¥44.47 Million/day | CN¥- | CN¥- | ▲ +31 days |
| 2023 | 65 days | CN¥3.07 Billion | CN¥47.15 Million/day | CN¥- | CN¥-1.09 Billion | ▼ -52 days |
| 2022 | 117 days | CN¥3.12 Billion | CN¥26.64 Million/day | CN¥- | CN¥-559.75 Million | ▲ +155 days |
| 2021 | -38 days | CN¥-1.01 Billion | CN¥26.67 Million/day | CN¥- | CN¥-4.44 Billion | ▼ -23 days |
| 2020 | -15 days | CN¥-448.20 Million | CN¥30.29 Million/day | CN¥- | CN¥-3.51 Billion | ▼ -56 days |
| 2019 | 41 days | CN¥1.26 Billion | CN¥30.71 Million/day | CN¥- | CN¥-365.72 Million | ▼ -25 days |
| 2018 | 66 days | CN¥1.24 Billion | CN¥18.82 Million/day | CN¥- | CN¥-381.21 Million | ▲ +13 days |
| 2017 | 52 days | CN¥1.34 Billion | CN¥25.55 Million/day | CN¥- | CN¥68.00 Million | ▼ -14 days |
| 2016 | 66 days | CN¥1.43 Billion | CN¥21.60 Million/day | CN¥- | CN¥73.20 Million | ▲ +72 days |
| 2015 | -6 days | CN¥-198.45 Million | CN¥34.84 Million/day | CN¥- | CN¥-576.92 Million | ▼ -12 days |
| 2014 | 6 days | CN¥120.45 Million | CN¥20.40 Million/day | CN¥- | CN¥9.94 Million | — |