COFCO Engineering & Technology Co Ltd (301058) — Defensive Interval Ratio
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.
Defensive Interval Ratio
Defensive Assets
Daily Cash Need
Current Liabilities
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. For the complete balance sheet picture, see COFCO Engineering & Technology Co Ltd (301058) total assets.
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. See working capital position of COFCO Engineering & Technology Co Ltd to evaluate short-term liquidity relative to the company's equity base.
| 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¥- | — |