Songz Automobile Air Conditioning Co Ltd (002454) — Defensive Interval Ratio

Latest as of September 2025: 444 days

Songz Automobile Air Conditioning Co Ltd (002454) has a Defensive Interval Ratio of 444 days as of September 2025. Defensive assets of CN¥4.30 Billion (cash CN¥-, short-term investments CN¥1.51 Billion, receivables CN¥2.79 Billion) cover 444 days of daily cash needs of CN¥9.67 Million/day. See Songz Automobile Air Conditioning Co Ltd (002454) working capital ratio to evaluate short-term liquidity relative to the company's equity base.

Defensive Interval Ratio

444 days
Days of operational coverage

Defensive Assets

CN¥4.30 Billion
Cash + ST Investments + Receivables

Daily Cash Need

CN¥9.67 Million
Current Liabilities ÷ 365

Current Liabilities

CN¥3.53 Billion
CNY

Songz Automobile Air Conditioning Co Ltd Defensive Interval Ratio (2007–2024)

This chart shows how Songz Automobile Air Conditioning Co Ltd's Defensive Interval Ratio has evolved across 18 annual periods from 2007 to 2024. As of September 2025, the ratio stands at 444 days, meaning defensive assets of CN¥4.30 Billion can fund 444 days of operations without new revenue. See net asset quality index of Songz Automobile Air Conditioning Co Ltd to measure how much of total assets are equity-financed.

Annual Defensive Interval Ratio for Songz Automobile Air Conditioning Co Ltd (2007–2024)

The table below presents the year-by-year Defensive Interval Ratio for Songz Automobile Air Conditioning Co Ltd from 2007 to 2024, covering 18 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 Songz Automobile Air Conditioning Co Ltd stock valuation.

Year DIR (days) Defensive Assets (CNY) Daily Cash Need Cash ST Investments Change (days)
2024 353 days CN¥3.46 Billion CN¥9.81 Million/day CN¥- CN¥763.14 Million ▼ -45 days
2023 398 days CN¥3.17 Billion CN¥7.98 Million/day CN¥- CN¥941.93 Million ▼ -27 days
2022 425 days CN¥3.20 Billion CN¥7.53 Million/day CN¥- CN¥871.62 Million ▼ -12 days
2021 437 days CN¥3.25 Billion CN¥7.45 Million/day CN¥- CN¥871.48 Million ▼ -29 days
2020 466 days CN¥3.04 Billion CN¥6.52 Million/day CN¥- CN¥450.50 Million ▼ -43 days
2019 509 days CN¥2.62 Billion CN¥5.14 Million/day CN¥- CN¥286.00 Million ▲ +92 days
2018 417 days CN¥2.39 Billion CN¥5.74 Million/day CN¥- CN¥-59.20 Million ▼ -14 days
2017 431 days CN¥3.02 Billion CN¥7.02 Million/day CN¥- CN¥-34.60 Million ▼ -3 days
2016 434 days CN¥2.08 Billion CN¥4.79 Million/day CN¥- CN¥-2.65 Million ▼ -56 days
2015 489 days CN¥2.10 Billion CN¥4.29 Million/day CN¥- CN¥37.02 Million ▼ -45 days
2014 534 days CN¥1.74 Billion CN¥3.26 Million/day CN¥- CN¥-1.31 Million ▼ -82 days
2013 616 days CN¥1.63 Billion CN¥2.65 Million/day CN¥- CN¥-510.96K ▼ -56 days
2012 672 days CN¥1.22 Billion CN¥1.81 Million/day CN¥- CN¥37.78 Million ▲ +137 days
2011 536 days CN¥934.51 Million CN¥1.74 Million/day CN¥- CN¥- ▼ -75 days
2010 610 days CN¥776.90 Million CN¥1.27 Million/day CN¥- CN¥- ▲ +289 days
2009 321 days CN¥501.52 Million CN¥1.56 Million/day CN¥- CN¥- ▼ -124 days
2008 445 days CN¥463.86 Million CN¥1.04 Million/day CN¥- CN¥- ▲ +66 days
2007 379 days CN¥403.91 Million CN¥1.07 Million/day CN¥- CN¥- —
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)