Guangdong Mingyang Electric Co. Ltd. A (301291) — Defensive Interval Ratio
Guangdong Mingyang Electric Co. Ltd. A (301291) has a Defensive Interval Ratio of 295 days as of March 2026. Defensive assets of CN¥3.36 Billion (cash CN¥-, short-term investments CN¥402.14 Million, receivables CN¥2.96 Billion) cover 295 days of daily cash needs of CN¥11.41 Million/day. Check Guangdong Mingyang Electric Co. Ltd. A (301291) tangible net worth to evaluate the tangible quality of the company's equity base.
Defensive Interval Ratio
Defensive Assets
Daily Cash Need
Current Liabilities
Guangdong Mingyang Electric Co. Ltd. A Defensive Interval Ratio (2021–2025)
This chart shows how Guangdong Mingyang Electric Co. Ltd. A's Defensive Interval Ratio has evolved across 5 annual periods from 2021 to 2025. As of March 2026, the ratio stands at 295 days, meaning defensive assets of CN¥3.36 Billion can fund 295 days of operations without new revenue. Also explore Guangdong Mingyang Electric Co. Ltd. A net asset momentum to track the company's year-over-year net asset growth rate.
Annual Defensive Interval Ratio for Guangdong Mingyang Electric Co. Ltd. A (2021–2025)
The table below presents the year-by-year Defensive Interval Ratio for Guangdong Mingyang Electric Co. Ltd. A from 2021 to 2025, covering 5 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 Guangdong Mingyang Electric Co. Ltd. A stock valuation.
| Year | DIR (days) | Defensive Assets (CNY) | Daily Cash Need | Cash | ST Investments | Change (days) |
|---|---|---|---|---|---|---|
| 2025 | 269 days | CN¥3.21 Billion | CN¥11.93 Million/day | CN¥- | CN¥111.04 Million | ▲ +41 days |
| 2024 | 228 days | CN¥2.89 Billion | CN¥12.70 Million/day | CN¥- | CN¥60.60 Million | ▲ +8 days |
| 2023 | 220 days | CN¥2.15 Billion | CN¥9.79 Million/day | CN¥- | CN¥- | ▲ +17 days |
| 2022 | 202 days | CN¥1.38 Billion | CN¥6.84 Million/day | CN¥- | CN¥- | ▲ +9 days |
| 2021 | 194 days | CN¥855.85 Million | CN¥4.42 Million/day | CN¥- | CN¥- | — |