China Spacesat Co Ltd (600118) — Defensive Interval Ratio

Latest as of September 2025: 374 days

China Spacesat Co Ltd (600118) has a Defensive Interval Ratio of 374 days as of September 2025. Defensive assets of CN¥5.99 Billion (cash CN¥-, short-term investments CN¥-, receivables CN¥5.99 Billion) cover 374 days of daily cash needs of CN¥16.00 Million/day. Check tangible equity quality of China Spacesat Co Ltd to evaluate the tangible quality of the company's equity base.

Defensive Interval Ratio

374 days
Days of operational coverage

Defensive Assets

CN¥5.99 Billion
Cash + ST Investments + Receivables

Daily Cash Need

CN¥16.00 Million
Current Liabilities ÷ 365

Current Liabilities

CN¥5.84 Billion
CNY

China Spacesat Co Ltd Defensive Interval Ratio (1997–2024)

This chart shows how China Spacesat Co Ltd's Defensive Interval Ratio has evolved across 28 annual periods from 1997 to 2024. As of September 2025, the ratio stands at 374 days, meaning defensive assets of CN¥5.99 Billion can fund 374 days of operations without new revenue. Also explore China Spacesat Co Ltd equity growth rate to track the company's year-over-year net asset growth rate.

Annual Defensive Interval Ratio for China Spacesat Co Ltd (1997–2024)

The table below presents the year-by-year Defensive Interval Ratio for China Spacesat Co Ltd from 1997 to 2024, covering 28 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 600118 stock market capitalisation.

Year DIR (days) Defensive Assets (CNY) Daily Cash Need Cash ST Investments Change (days)
2024 394 days CN¥5.17 Billion CN¥13.15 Million/day CN¥- CN¥- ▲ +16 days
2023 378 days CN¥5.08 Billion CN¥13.46 Million/day CN¥- CN¥- ▲ +128 days
2022 249 days CN¥3.59 Billion CN¥14.39 Million/day CN¥- CN¥- ▲ +20 days
2021 229 days CN¥3.04 Billion CN¥13.27 Million/day CN¥- CN¥- ▼ -140 days
2020 369 days CN¥3.72 Billion CN¥10.06 Million/day CN¥- CN¥- ▲ +112 days
2019 258 days CN¥2.90 Billion CN¥11.23 Million/day CN¥- CN¥- ▼ -14 days
2018 272 days CN¥2.71 Billion CN¥9.94 Million/day CN¥- CN¥- ▼ -36 days
2017 308 days CN¥2.72 Billion CN¥8.82 Million/day CN¥- CN¥- ▲ +79 days
2016 230 days CN¥2.94 Billion CN¥12.80 Million/day CN¥- CN¥- ▼ -31 days
2015 261 days CN¥2.84 Billion CN¥10.90 Million/day CN¥- CN¥- ▲ +2 days
2014 258 days CN¥2.56 Billion CN¥9.91 Million/day CN¥- CN¥- ▲ +15 days
2013 244 days CN¥2.11 Billion CN¥8.66 Million/day CN¥- CN¥- ▲ +66 days
2012 178 days CN¥1.22 Billion CN¥6.88 Million/day CN¥- CN¥- ▲ +22 days
2011 156 days CN¥982.78 Million CN¥6.30 Million/day CN¥- CN¥- ▼ -11 days
2010 167 days CN¥903.56 Million CN¥5.40 Million/day CN¥- CN¥- ▲ +30 days
2009 137 days CN¥699.18 Million CN¥5.09 Million/day CN¥- CN¥- ▲ +19 days
2008 119 days CN¥429.58 Million CN¥3.62 Million/day CN¥- CN¥- ▲ +13 days
2007 105 days CN¥319.74 Million CN¥3.03 Million/day CN¥- CN¥- ▲ +101 days
2006 5 days CN¥10.96 Million CN¥2.23 Million/day CN¥- CN¥559.71K ▼ -10 days
2005 15 days CN¥29.55 Million CN¥1.94 Million/day CN¥- CN¥389.99K ▲ +15 days
2004 0 days CN¥610.48K CN¥1.82 Million/day CN¥- CN¥610.22K ▼ -56 days
2003 57 days CN¥65.30 Million CN¥1.15 Million/day CN¥- CN¥1.52 Million ▼ -70 days
2002 127 days CN¥84.87 Million CN¥667.20K/day CN¥- CN¥30.08 Million ▼ -147 days
2001 274 days CN¥41.06 Million CN¥149.76K/day CN¥- CN¥30.77 Million ▲ +28 days
2000 247 days CN¥42.10 Million CN¥170.69K/day CN¥- CN¥38.46 Million ▲ +40 days
1999 206 days CN¥30.34 Million CN¥147.03K/day CN¥- CN¥30.00 Million ▲ +145 days
1998 61 days CN¥3.30 Million CN¥53.85K/day CN¥- CN¥- ▼ -446 days
1997 508 days CN¥82.42 Million CN¥162.36K/day CN¥- CN¥30.00 Million —
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)