Henan Zhongyuan Expressway Co Ltd (600020) — Defensive Interval Ratio

Latest as of September 2025: 119 days

Henan Zhongyuan Expressway Co Ltd (600020) has a Defensive Interval Ratio of 119 days as of September 2025. Defensive assets of CN¥1.70 Billion (cash CN¥-, short-term investments CN¥-, receivables CN¥1.70 Billion) cover 119 days of daily cash needs of CN¥14.25 Million/day.

Defensive Interval Ratio

119 days
Days of operational coverage

Defensive Assets

CN¥1.70 Billion
Cash + ST Investments + Receivables

Daily Cash Need

CN¥14.25 Million
Current Liabilities ÷ 365

Current Liabilities

CN¥5.20 Billion
CNY

Henan Zhongyuan Expressway Co Ltd Defensive Interval Ratio (2000–2024)

This chart shows how Henan Zhongyuan Expressway Co Ltd's Defensive Interval Ratio has evolved across 25 annual periods from 2000 to 2024. As of September 2025, the ratio stands at 119 days, meaning defensive assets of CN¥1.70 Billion can fund 119 days of operations without new revenue. For the complete balance sheet picture, see balance sheet size of Henan Zhongyuan Expressway Co Ltd.

Annual Defensive Interval Ratio for Henan Zhongyuan Expressway Co Ltd (2000–2024)

The table below presents the year-by-year Defensive Interval Ratio for Henan Zhongyuan Expressway Co Ltd from 2000 to 2024, covering 25 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 600020 working capital efficiency 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 85 days CN¥1.36 Billion CN¥16.04 Million/day CN¥- CN¥- ▲ +51 days
2023 33 days CN¥703.67 Million CN¥21.20 Million/day CN¥- CN¥- ▲ +23 days
2022 10 days CN¥266.25 Million CN¥26.15 Million/day CN¥- CN¥- ▼ -9 days
2021 19 days CN¥356.08 Million CN¥19.01 Million/day CN¥- CN¥- ▲ +11 days
2020 8 days CN¥258.34 Million CN¥32.05 Million/day CN¥- CN¥50.00K ▼ -8 days
2019 16 days CN¥592.77 Million CN¥36.17 Million/day CN¥- CN¥50.00K ▲ +1 days
2018 16 days CN¥499.13 Million CN¥31.42 Million/day CN¥- CN¥- ▼ -15 days
2017 31 days CN¥1.01 Billion CN¥32.98 Million/day CN¥- CN¥- ▲ +26 days
2016 5 days CN¥191.26 Million CN¥37.29 Million/day CN¥- CN¥- ▼ -4 days
2015 9 days CN¥291.64 Million CN¥31.89 Million/day CN¥- CN¥150.00 Million ▼ -12 days
2014 21 days CN¥487.35 Million CN¥23.07 Million/day CN¥- CN¥150.00 Million ▲ +15 days
2013 6 days CN¥136.04 Million CN¥22.99 Million/day CN¥- CN¥- ▲ +1 days
2012 5 days CN¥126.73 Million CN¥26.31 Million/day CN¥- CN¥- ▼ -1 days
2011 6 days CN¥129.59 Million CN¥21.19 Million/day CN¥- CN¥- ▼ -7 days
2010 14 days CN¥243.35 Million CN¥18.02 Million/day CN¥- CN¥- ▼ -5 days
2009 18 days CN¥232.45 Million CN¥12.69 Million/day CN¥- CN¥- ▲ +4 days
2008 14 days CN¥191.23 Million CN¥13.77 Million/day CN¥- CN¥- ▼ -2 days
2007 16 days CN¥150.19 Million CN¥9.49 Million/day CN¥- CN¥- ▼ -8 days
2006 24 days CN¥109.96 Million CN¥4.66 Million/day CN¥- CN¥- ▼ -28 days
2005 52 days CN¥92.99 Million CN¥1.80 Million/day CN¥- CN¥- ▲ +21 days
2004 30 days CN¥48.87 Million CN¥1.61 Million/day CN¥- CN¥- ▲ +22 days
2003 8 days CN¥6.05 Million CN¥723.18K/day CN¥- CN¥- ▼ -1 days
2002 10 days CN¥15.50 Million CN¥1.58 Million/day CN¥- CN¥- ▼ -23 days
2001 33 days CN¥40.74 Million CN¥1.22 Million/day CN¥- CN¥- ▲ +32 days
2000 1 days CN¥2.49 Million CN¥2.26 Million/day CN¥- CN¥- —
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)