TCL Zhonghuan Renewable Energy Technology Co Ltd (002129) — Defensive Interval Ratio

Latest as of March 2026: 129 days

TCL Zhonghuan Renewable Energy Technology Co Ltd (002129) has a Defensive Interval Ratio of 129 days as of March 2026. Defensive assets of CN¥9.62 Billion (cash CN¥-, short-term investments CN¥3.32 Billion, receivables CN¥6.30 Billion) cover 129 days of daily cash needs of CN¥74.81 Million/day.

Defensive Interval Ratio

129 days
Days of operational coverage

Defensive Assets

CN¥9.62 Billion
Cash + ST Investments + Receivables

Daily Cash Need

CN¥74.81 Million
Current Liabilities ÷ 365

Current Liabilities

CN¥27.31 Billion
CNY

TCL Zhonghuan Renewable Energy Technology Co Ltd Defensive Interval Ratio (2004–2025)

This chart shows how TCL Zhonghuan Renewable Energy Technology Co Ltd's Defensive Interval Ratio has evolved across 22 annual periods from 2004 to 2025. As of March 2026, the ratio stands at 129 days, meaning defensive assets of CN¥9.62 Billion can fund 129 days of operations without new revenue. For the complete balance sheet picture, see 002129 asset base.

Annual Defensive Interval Ratio for TCL Zhonghuan Renewable Energy Technology Co Ltd (2004–2025)

The table below presents the year-by-year Defensive Interval Ratio for TCL Zhonghuan Renewable Energy Technology Co Ltd from 2004 to 2025, covering 22 annual filings. Each row shows defensive assets, daily cash need, the DIR in days, and the change in days compared to the prior year. See TCL Zhonghuan Renewable Energy Technolog (002129) working capital ratio to evaluate short-term liquidity relative to the company's equity base.

Year DIR (days) Defensive Assets (CNY) Daily Cash Need Cash ST Investments Change (days)
2025 132 days CN¥11.06 Billion CN¥83.91 Million/day CN¥- CN¥1.21 Billion ▲ +2 days
2024 130 days CN¥9.79 Billion CN¥75.41 Million/day CN¥- CN¥2.46 Billion ▼ -78 days
2023 208 days CN¥12.71 Billion CN¥61.16 Million/day CN¥- CN¥3.88 Billion ▲ +50 days
2022 158 days CN¥9.98 Billion CN¥63.07 Million/day CN¥- CN¥4.51 Billion ▲ +35 days
2021 123 days CN¥6.89 Billion CN¥56.01 Million/day CN¥- CN¥1.23 Billion ▲ +33 days
2020 90 days CN¥4.29 Billion CN¥47.55 Million/day CN¥- CN¥374.54 Million ▼ -27 days
2019 117 days CN¥5.00 Billion CN¥42.71 Million/day CN¥- CN¥- ▲ +26 days
2018 91 days CN¥4.28 Billion CN¥47.16 Million/day CN¥- CN¥330.00 Million ▲ +14 days
2017 77 days CN¥2.16 Billion CN¥28.02 Million/day CN¥- CN¥- ▲ +23 days
2016 54 days CN¥1.31 Billion CN¥24.46 Million/day CN¥- CN¥- ▼ -62 days
2015 115 days CN¥2.15 Billion CN¥18.68 Million/day CN¥- CN¥820.00 Million ▼ -58 days
2014 173 days CN¥2.03 Billion CN¥11.68 Million/day CN¥- CN¥670.00 Million ▲ +98 days
2013 76 days CN¥1.24 Billion CN¥16.37 Million/day CN¥- CN¥- ▲ +8 days
2012 67 days CN¥957.28 Million CN¥14.19 Million/day CN¥- CN¥- ▲ +19 days
2011 48 days CN¥519.28 Million CN¥10.72 Million/day CN¥- CN¥44.52 Million ▼ -21 days
2010 69 days CN¥255.47 Million CN¥3.71 Million/day CN¥- CN¥- ▼ -127 days
2009 196 days CN¥158.55 Million CN¥810.75K/day CN¥- CN¥- ▲ +56 days
2008 139 days CN¥128.55 Million CN¥922.86K/day CN¥- CN¥- ▼ -170 days
2007 309 days CN¥218.71 Million CN¥707.21K/day CN¥- CN¥- ▲ +72 days
2006 237 days CN¥199.93 Million CN¥843.52K/day CN¥- CN¥- ▼ -33 days
2005 270 days CN¥163.69 Million CN¥605.68K/day CN¥- CN¥- ▼ -46 days
2004 316 days CN¥124.07 Million CN¥392.66K/day CN¥- CN¥- —
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)