Yantai Changyu Pioneer Wine (200869) — Defensive Interval Ratio

Latest as of March 2026: 55 days

Yantai Changyu Pioneer Wine (200869) has a Defensive Interval Ratio of 55 days as of March 2026. Defensive assets of HK$198.42 Million (cash HK$-, short-term investments HK$-, receivables HK$198.42 Million) cover 55 days of daily cash needs of HK$3.60 Million/day. Check 200869 goodwill-adjusted equity ratio to evaluate the tangible quality of the company's equity base.

Defensive Interval Ratio

55 days

Days of operational coverage

Defensive Assets

HK$198.42 Million

Cash + ST Investments + Receivables

Daily Cash Need

HK$3.60 Million

Current Liabilities ÷ 365

Current Liabilities

HK$1.31 Billion

HKD

Yantai Changyu Pioneer Wine Defensive Interval Ratio (1994–2025)

This chart shows how Yantai Changyu Pioneer Wine's Defensive Interval Ratio has evolved across 31 annual periods from 1994 to 2025. As of March 2026, the ratio stands at 55 days, meaning defensive assets of HK$198.42 Million can fund 55 days of operations without new revenue. Also explore how fast is Yantai Changyu Pioneer Wine growing its equity to track the company's year-over-year net asset growth rate.

Annual Defensive Interval Ratio for Yantai Changyu Pioneer Wine (1994–2025)

The table below presents the year-by-year Defensive Interval Ratio for Yantai Changyu Pioneer Wine from 1994 to 2025, covering 31 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 200869 market cap overview.

Year	DIR (days)	Defensive Assets (HKD)	Daily Cash Need	Cash	ST Investments	Change (days)
2025	66 days	HK$264.93 Million	HK$3.98 Million/day	HK$-	HK$-	▼ -105 days
2024	171 days	HK$767.42 Million	HK$4.48 Million/day	HK$-	HK$-	▲ +36 days
2023	135 days	HK$797.29 Million	HK$5.90 Million/day	HK$-	HK$5.58 Million	▲ +16 days
2022	119 days	HK$656.03 Million	HK$5.53 Million/day	HK$-	HK$-	▲ +12 days
2021	107 days	HK$698.29 Million	HK$6.53 Million/day	HK$-	HK$-	▲ +22 days
2020	85 days	HK$521.94 Million	HK$6.15 Million/day	HK$-	HK$-	▲ +5 days
2019	80 days	HK$583.00 Million	HK$7.28 Million/day	HK$-	HK$-	▲ +10 days
2018	71 days	HK$530.82 Million	HK$7.52 Million/day	HK$-	HK$-	▲ +3 days
2017	67 days	HK$518.67 Million	HK$7.72 Million/day	HK$-	HK$10.08 Million	▲ +13 days
2016	55 days	HK$396.72 Million	HK$7.27 Million/day	HK$-	HK$13.19 Million	▲ +7 days
2015	47 days	HK$311.78 Million	HK$6.60 Million/day	HK$-	HK$-	▼ -17 days
2014	64 days	HK$283.99 Million	HK$4.42 Million/day	HK$-	HK$-	▼ -22 days
2013	87 days	HK$364.56 Million	HK$4.21 Million/day	HK$-	HK$-	▲ +45 days
2012	42 days	HK$227.85 Million	HK$5.45 Million/day	HK$-	HK$-	▼ -7 days
2011	49 days	HK$274.36 Million	HK$5.57 Million/day	HK$-	HK$-	▲ +16 days
2010	33 days	HK$171.77 Million	HK$5.16 Million/day	HK$-	HK$-	▼ -1 days
2009	34 days	HK$199.41 Million	HK$5.89 Million/day	HK$-	HK$-	▼ -3 days
2008	37 days	HK$143.89 Million	HK$3.92 Million/day	HK$-	HK$-	▼ -28 days
2007	65 days	HK$167.16 Million	HK$2.57 Million/day	HK$-	HK$-	▲ +1 days
2006	64 days	HK$116.36 Million	HK$1.82 Million/day	HK$-	HK$-	▼ -19 days
2005	83 days	HK$104.50 Million	HK$1.26 Million/day	HK$-	HK$-	▼ -55 days
2004	138 days	HK$146.67 Million	HK$1.06 Million/day	HK$-	HK$15.09 Million	▼ -56 days
2003	193 days	HK$188.67 Million	HK$975.42K/day	HK$-	HK$20.00 Million	▼ -126 days
2002	319 days	HK$338.14 Million	HK$1.06 Million/day	HK$-	HK$-	▲ +9 days
2001	310 days	HK$259.04 Million	HK$835.49K/day	HK$-	HK$-	▲ +125 days
2000	185 days	HK$182.14 Million	HK$983.51K/day	HK$-	HK$-	▲ +184 days
1998	1 days	HK$500.00K	HK$559.58K/day	HK$-	HK$-	▼ -10 days
1997	10 days	HK$6.02 Million	HK$578.54K/day	HK$-	HK$-	▼ -291 days
1996	302 days	HK$170.09 Million	HK$563.42K/day	HK$-	HK$-	▲ +91 days
1995	211 days	HK$122.42 Million	HK$580.04K/day	HK$-	HK$-	▼ -21 days
1994	232 days	HK$97.08 Million	HK$418.77K/day	HK$-	HK$-	—

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