Changchai Co Ltd (200570) — Defensive Interval Ratio

Latest as of June 2025: 414 days

Changchai Co Ltd (200570) has a Defensive Interval Ratio of 414 days as of June 2025. Defensive assets of HK$1.87 Billion (cash HK$-, short-term investments HK$420.23 Million, receivables HK$1.45 Billion) cover 414 days of daily cash needs of HK$4.51 Million/day. Check Changchai Co Ltd tangible equity quality to evaluate the tangible quality of the company's equity base.

Defensive Interval Ratio

414 days

Days of operational coverage

Defensive Assets

HK$1.87 Billion

Cash + ST Investments + Receivables

Daily Cash Need

HK$4.51 Million

Current Liabilities ÷ 365

Current Liabilities

HK$1.65 Billion

HKD

Changchai Co Ltd Defensive Interval Ratio (1994–2024)

This chart shows how Changchai Co Ltd's Defensive Interval Ratio has evolved across 29 annual periods from 1994 to 2024. As of June 2025, the ratio stands at 414 days, meaning defensive assets of HK$1.87 Billion can fund 414 days of operations without new revenue. Also explore Changchai Co Ltd equity growth rate to track the company's year-over-year net asset growth rate.

Annual Defensive Interval Ratio for Changchai Co Ltd (1994–2024)

The table below presents the year-by-year Defensive Interval Ratio for Changchai Co Ltd from 1994 to 2024, covering 29 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 Changchai Co Ltd (200570) market capitalisation.

Year	DIR (days)	Defensive Assets (HKD)	Daily Cash Need	Cash	ST Investments	Change (days)
2024	282 days	HK$1.30 Billion	HK$4.62 Million/day	HK$-	HK$303.67 Million	▲ +48 days
2023	233 days	HK$949.39 Million	HK$4.07 Million/day	HK$-	HK$225.64 Million	▼ -47 days
2022	281 days	HK$1.28 Billion	HK$4.56 Million/day	HK$-	HK$370.10 Million	▼ -85 days
2021	366 days	HK$1.61 Billion	HK$4.40 Million/day	HK$-	HK$404.05 Million	▲ +124 days
2020	242 days	HK$1.01 Billion	HK$4.17 Million/day	HK$-	HK$11.50 Million	▼ -63 days
2019	305 days	HK$1.04 Billion	HK$3.40 Million/day	HK$-	HK$13.05 Million	▲ +70 days
2018	235 days	HK$882.48 Million	HK$3.76 Million/day	HK$-	HK$8.25 Million	▼ -84 days
2017	319 days	HK$1.12 Billion	HK$3.52 Million/day	HK$-	HK$14.33 Million	▲ +57 days
2016	262 days	HK$868.35 Million	HK$3.32 Million/day	HK$-	HK$8.00 Million	▼ -18 days
2015	279 days	HK$839.10 Million	HK$3.00 Million/day	HK$-	HK$32.00 Million	▲ +50 days
2014	230 days	HK$690.68 Million	HK$3.01 Million/day	HK$-	HK$2.11 Million	▲ +40 days
2013	190 days	HK$575.14 Million	HK$3.03 Million/day	HK$-	HK$-	▲ +22 days
2012	168 days	HK$517.95 Million	HK$3.08 Million/day	HK$-	HK$-	▲ +168 days
2010	0 days	HK$292.09K	HK$3.12 Million/day	HK$-	HK$292.09K	▼ -134 days
2009	134 days	HK$378.67 Million	HK$2.82 Million/day	HK$-	HK$-	▼ -20 days
2008	155 days	HK$281.04 Million	HK$1.82 Million/day	HK$-	HK$21.64 Million	▼ -36 days
2007	191 days	HK$364.29 Million	HK$1.91 Million/day	HK$-	HK$59.04 Million	▲ +32 days
2006	159 days	HK$335.87 Million	HK$2.12 Million/day	HK$-	HK$-	▲ +6 days
2004	152 days	HK$408.95 Million	HK$2.68 Million/day	HK$-	HK$-	▼ -27 days
2003	179 days	HK$550.95 Million	HK$3.08 Million/day	HK$-	HK$-	▲ +1 days
2002	178 days	HK$669.71 Million	HK$3.77 Million/day	HK$-	HK$130.00K	▼ -145 days
2001	323 days	HK$1.17 Billion	HK$3.62 Million/day	HK$-	HK$44.78 Million	▲ +314 days
2000	9 days	HK$40.63 Million	HK$4.41 Million/day	HK$-	HK$-	▲ +3 days
1999	6 days	HK$28.66 Million	HK$4.88 Million/day	HK$-	HK$40.00 Million	▼ -48 days
1998	54 days	HK$279.05 Million	HK$5.17 Million/day	HK$-	HK$50.00 Million	▼ -23 days
1997	77 days	HK$300.82 Million	HK$3.89 Million/day	HK$-	HK$100.00 Million	▼ -51 days
1996	128 days	HK$430.29 Million	HK$3.36 Million/day	HK$-	HK$318.89 Million	▲ +12 days
1995	116 days	HK$174.52 Million	HK$1.50 Million/day	HK$-	HK$144.00 Million	▼ -25 days
1994	141 days	HK$102.72 Million	HK$726.75K/day	HK$-	HK$99.35 Million	—

DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)