Shanghai Morn Electric Equipment Co Ltd (002451) — Defensive Interval Ratio

Latest as of March 2026: 280 days

Shanghai Morn Electric Equipment Co Ltd (002451) has a Defensive Interval Ratio of 280 days as of March 2026. Defensive assets of CN¥718.83 Million (cash CN¥-, short-term investments CN¥-, receivables CN¥718.83 Million) cover 280 days of daily cash needs of CN¥2.57 Million/day. Check Shanghai Morn Electric Equipment Co Ltd tangible equity quality to evaluate the tangible quality of the company's equity base.

Defensive Interval Ratio

280 days
Days of operational coverage

Defensive Assets

CN¥718.83 Million
Cash + ST Investments + Receivables

Daily Cash Need

CN¥2.57 Million
Current Liabilities ÷ 365

Current Liabilities

CN¥936.92 Million
CNY

Shanghai Morn Electric Equipment Co Ltd Defensive Interval Ratio (2007–2025)

This chart shows how Shanghai Morn Electric Equipment Co Ltd's Defensive Interval Ratio has evolved across 19 annual periods from 2007 to 2025. As of March 2026, the ratio stands at 280 days, meaning defensive assets of CN¥718.83 Million can fund 280 days of operations without new revenue. Also explore 002451 year-over-year net asset growth to track the company's year-over-year net asset growth rate.

Annual Defensive Interval Ratio for Shanghai Morn Electric Equipment Co Ltd (2007–2025)

The table below presents the year-by-year Defensive Interval Ratio for Shanghai Morn Electric Equipment Co Ltd from 2007 to 2025, covering 19 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 Shanghai Morn Electric Equipment Co Ltd market capitalisation.

Year DIR (days) Defensive Assets (CNY) Daily Cash Need Cash ST Investments Change (days)
2025 235 days CN¥647.99 Million CN¥2.76 Million/day CN¥- CN¥- ▼ -61 days
2024 296 days CN¥655.51 Million CN¥2.21 Million/day CN¥- CN¥290.20K ▼ -161 days
2023 457 days CN¥735.13 Million CN¥1.61 Million/day CN¥- CN¥18.12 Million ▲ +7 days
2022 450 days CN¥791.63 Million CN¥1.76 Million/day CN¥- CN¥26.87 Million ▲ +44 days
2021 407 days CN¥575.97 Million CN¥1.42 Million/day CN¥- CN¥16.21 Million ▲ +192 days
2020 215 days CN¥283.58 Million CN¥1.32 Million/day CN¥- CN¥13.67 Million ▲ +82 days
2019 133 days CN¥158.22 Million CN¥1.19 Million/day CN¥- CN¥25.00 Million ▲ +10 days
2018 123 days CN¥249.36 Million CN¥2.03 Million/day CN¥- CN¥- ▼ -47 days
2017 170 days CN¥400.56 Million CN¥2.36 Million/day CN¥- CN¥200.00K ▲ +38 days
2016 132 days CN¥327.95 Million CN¥2.49 Million/day CN¥- CN¥57.00K ▼ -66 days
2015 198 days CN¥468.66 Million CN¥2.36 Million/day CN¥- CN¥216.00K ▼ -1 days
2014 200 days CN¥415.96 Million CN¥2.08 Million/day CN¥- CN¥- ▼ -68 days
2013 268 days CN¥335.57 Million CN¥1.25 Million/day CN¥- CN¥370.83K ▲ +42 days
2012 226 days CN¥184.60 Million CN¥816.71K/day CN¥- CN¥113.20K ▼ -187 days
2011 413 days CN¥306.13 Million CN¥741.81K/day CN¥- CN¥24.18K ▼ -228 days
2010 641 days CN¥236.29 Million CN¥368.80K/day CN¥- CN¥29.62K ▲ +211 days
2009 430 days CN¥137.12 Million CN¥319.09K/day CN¥- CN¥345.42K ▲ +163 days
2008 266 days CN¥93.80 Million CN¥351.98K/day CN¥- CN¥16.44K ▼ -55 days
2007 322 days CN¥112.94 Million CN¥350.95K/day CN¥- CN¥- —
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)