COFCO Engineering & Technology Co Ltd (301058) — Defensive Interval Ratio

Latest as of June 2025: 153 days

COFCO Engineering & Technology Co Ltd (301058) has a Defensive Interval Ratio of 153 days as of June 2025. Defensive assets of CN¥928.83 Million (cash CN¥-, short-term investments CN¥136.92 Million, receivables CN¥791.91 Million) cover 153 days of daily cash needs of CN¥6.08 Million/day. Check 301058 intangible-adjusted equity ratio to evaluate the tangible quality of the company's equity base.

Defensive Interval Ratio

153 days
Days of operational coverage

Defensive Assets

CN¥928.83 Million
Cash + ST Investments + Receivables

Daily Cash Need

CN¥6.08 Million
Current Liabilities ÷ 365

Current Liabilities

CN¥2.22 Billion
CNY

COFCO Engineering & Technology Co Ltd Defensive Interval Ratio (2019–2024)

This chart shows how COFCO Engineering & Technology Co Ltd's Defensive Interval Ratio has evolved across 6 annual periods from 2019 to 2024. As of June 2025, the ratio stands at 153 days, meaning defensive assets of CN¥928.83 Million can fund 153 days of operations without new revenue. Also explore net asset momentum of COFCO Engineering & Technology Co Ltd to track the company's year-over-year net asset growth rate.

Annual Defensive Interval Ratio for COFCO Engineering & Technology Co Ltd (2019–2024)

The table below presents the year-by-year Defensive Interval Ratio for COFCO Engineering & Technology Co Ltd from 2019 to 2024, covering 6 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 301058 company net worth.

Year DIR (days) Defensive Assets (CNY) Daily Cash Need Cash ST Investments Change (days)
2024 128 days CN¥892.48 Million CN¥6.96 Million/day CN¥- CN¥152.30 Million ▼ -19 days
2023 148 days CN¥813.78 Million CN¥5.52 Million/day CN¥- CN¥136.56 Million ▼ -11 days
2022 158 days CN¥742.34 Million CN¥4.69 Million/day CN¥- CN¥100.75 Million ▲ +17 days
2021 141 days CN¥698.09 Million CN¥4.95 Million/day CN¥- CN¥165.08 Million ▲ +4 days
2020 137 days CN¥491.18 Million CN¥3.58 Million/day CN¥- CN¥- ▼ -10 days
2019 148 days CN¥429.58 Million CN¥2.91 Million/day CN¥- CN¥-
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)