China Express Airlines Co Ltd Class A (002928) — Defensive Interval Ratio

Latest as of March 2026: 67 days

China Express Airlines Co Ltd Class A (002928) has a Defensive Interval Ratio of 67 days as of March 2026. Defensive assets of CN¥1.45 Billion (cash CN¥-, short-term investments CN¥19.97K, receivables CN¥1.45 Billion) cover 67 days of daily cash needs of CN¥21.70 Million/day. Check China Express Airlines Co Ltd Class A tangible book value ratio to evaluate the tangible quality of the company's equity base.

Defensive Interval Ratio

67 days
Days of operational coverage

Defensive Assets

CN¥1.45 Billion
Cash + ST Investments + Receivables

Daily Cash Need

CN¥21.70 Million
Current Liabilities ÷ 365

Current Liabilities

CN¥7.92 Billion
CNY

China Express Airlines Co Ltd Class A Defensive Interval Ratio (2013–2025)

This chart shows how China Express Airlines Co Ltd Class A's Defensive Interval Ratio has evolved across 13 annual periods from 2013 to 2025. As of March 2026, the ratio stands at 67 days, meaning defensive assets of CN¥1.45 Billion can fund 67 days of operations without new revenue. Also explore net asset momentum of China Express Airlines Co Ltd Class A to track the company's year-over-year net asset growth rate.

Annual Defensive Interval Ratio for China Express Airlines Co Ltd Class A (2013–2025)

The table below presents the year-by-year Defensive Interval Ratio for China Express Airlines Co Ltd Class A from 2013 to 2025, covering 13 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 China Express Airlines Co Ltd Class A market cap and net worth.

Year DIR (days) Defensive Assets (CNY) Daily Cash Need Cash ST Investments Change (days)
2025 61 days CN¥1.26 Billion CN¥20.73 Million/day CN¥- CN¥24.93K ▼ -102 days
2024 163 days CN¥2.80 Billion CN¥17.18 Million/day CN¥- CN¥23.41K ▲ +62 days
2023 101 days CN¥1.60 Billion CN¥15.76 Million/day CN¥- CN¥18.87K ▼ -56 days
2022 157 days CN¥2.03 Billion CN¥12.90 Million/day CN¥- CN¥25.62K ▼ -6 days
2021 164 days CN¥2.11 Billion CN¥12.86 Million/day CN¥- CN¥- ▲ +40 days
2020 124 days CN¥1.12 Billion CN¥9.03 Million/day CN¥- CN¥- ▼ -25 days
2019 149 days CN¥987.77 Million CN¥6.64 Million/day CN¥- CN¥- ▼ -50 days
2018 198 days CN¥1.27 Billion CN¥6.38 Million/day CN¥- CN¥3.55 Million ▼ -53 days
2017 252 days CN¥886.67 Million CN¥3.52 Million/day CN¥- CN¥- ▲ +4 days
2016 248 days CN¥690.07 Million CN¥2.79 Million/day CN¥- CN¥- ▼ -22 days
2015 270 days CN¥454.51 Million CN¥1.68 Million/day CN¥- CN¥- ▲ +57 days
2014 213 days CN¥383.69 Million CN¥1.80 Million/day CN¥- CN¥- ▲ +41 days
2013 172 days CN¥232.42 Million CN¥1.35 Million/day CN¥- CN¥- —
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)