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.

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. For the complete balance sheet picture, see Changchai Co Ltd total assets.

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. See how liquid is Changchai Co Ltd's working capital to evaluate short-term liquidity relative to the company's equity base.

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)