Guangdong Mingyang Electric Co. Ltd. A (301291) — Defensive Interval Ratio
Guangdong Mingyang Electric Co. Ltd. A (301291) has a Defensive Interval Ratio of 279 days as of June 2026. Defensive assets of CN¥3.48 Billion (cash CN¥-, short-term investments CN¥112.95 Million, receivables CN¥3.37 Billion) cover 279 days of daily cash needs of CN¥12.50 Million/day.
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 June 2026, the ratio stands at 279 days, meaning defensive assets of CN¥3.48 Billion can fund 279 days of operations without new revenue. For the complete balance sheet picture, see Guangdong Mingyang Electric Co. Ltd. A asset portfolio.
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. See how liquid is Guangdong Mingyang Electric Co. Ltd. A's working capital 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) |
|---|---|---|---|---|---|---|
| 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¥- | — |