Shanghai SMI Holding Co Ltd (600649) — Defensive Interval Ratio

Latest as of June 2026: 29 days

Shanghai SMI Holding Co Ltd (600649) has a Defensive Interval Ratio of 29 days as of June 2026. Defensive assets of CN¥2.32 Billion (cash CN¥-, short-term investments CN¥246.44 Million, receivables CN¥2.07 Billion) cover 29 days of daily cash needs of CN¥80.92 Million/day.

Defensive Interval Ratio

29 days
Days of operational coverage

Defensive Assets

CN¥2.32 Billion
Cash + ST Investments + Receivables

Daily Cash Need

CN¥80.92 Million
Current Liabilities ÷ 365

Current Liabilities

CN¥29.54 Billion
CNY

Shanghai SMI Holding Co Ltd Defensive Interval Ratio (1992–2025)

This chart shows how Shanghai SMI Holding Co Ltd's Defensive Interval Ratio has evolved across 34 annual periods from 1992 to 2025. As of June 2026, the ratio stands at 29 days, meaning defensive assets of CN¥2.32 Billion can fund 29 days of operations without new revenue. For the complete balance sheet picture, see 600649 total asset value.

Annual Defensive Interval Ratio for Shanghai SMI Holding Co Ltd (1992–2025)

The table below presents the year-by-year Defensive Interval Ratio for Shanghai SMI Holding Co Ltd from 1992 to 2025, covering 34 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 Shanghai SMI Holding Co Ltd short-term liquidity ratio 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 46 days CN¥3.46 Billion CN¥75.35 Million/day CN¥- CN¥290.88 Million ▲ +23 days
2024 23 days CN¥2.00 Billion CN¥85.57 Million/day CN¥- CN¥272.68 Million ▼ -7 days
2023 30 days CN¥1.75 Billion CN¥57.87 Million/day CN¥- CN¥500.45 Million ▼ -34 days
2022 64 days CN¥2.46 Billion CN¥38.32 Million/day CN¥- CN¥470.81 Million ▲ +40 days
2021 24 days CN¥1.75 Billion CN¥73.79 Million/day CN¥- CN¥639.05 Million ▼ -11 days
2020 35 days CN¥2.56 Billion CN¥73.58 Million/day CN¥- CN¥668.75 Million ▲ +19 days
2019 16 days CN¥429.43 Million CN¥26.89 Million/day CN¥- CN¥211.57 Million ▼ -6 days
2018 22 days CN¥655.05 Million CN¥29.96 Million/day CN¥- CN¥606.65 Million ▲ +20 days
2017 2 days CN¥51.96 Million CN¥30.69 Million/day CN¥- CN¥- ▼ -10 days
2016 12 days CN¥399.56 Million CN¥34.70 Million/day CN¥- CN¥223.35 Million ▲ +0 days
2015 11 days CN¥370.30 Million CN¥32.33 Million/day CN¥- CN¥- ▲ +6 days
2014 5 days CN¥230.40 Million CN¥43.44 Million/day CN¥- CN¥- ▲ +1 days
2013 4 days CN¥130.99 Million CN¥32.80 Million/day CN¥- CN¥2.52 Million ▲ +1 days
2012 3 days CN¥101.13 Million CN¥29.02 Million/day CN¥- CN¥2.42 Million ▼ -18 days
2011 22 days CN¥470.21 Million CN¥21.66 Million/day CN¥- CN¥2.33 Million ▲ +5 days
2010 17 days CN¥394.89 Million CN¥23.53 Million/day CN¥- CN¥2.25 Million ▼ -35 days
2009 52 days CN¥634.92 Million CN¥12.21 Million/day CN¥- CN¥28.21 Million ▼ -9 days
2008 61 days CN¥941.65 Million CN¥15.49 Million/day CN¥- CN¥20.73 Million ▼ -3 days
2007 64 days CN¥1.34 Billion CN¥21.06 Million/day CN¥- CN¥45.46 Million ▼ -209 days
2006 273 days CN¥520.92 Million CN¥1.91 Million/day CN¥- CN¥19.45 Million ▼ -167 days
2005 440 days CN¥507.70 Million CN¥1.15 Million/day CN¥- CN¥152.84 Million ▲ +305 days
2004 135 days CN¥191.25 Million CN¥1.42 Million/day CN¥- CN¥63.38 Million ▲ +30 days
2003 105 days CN¥171.59 Million CN¥1.64 Million/day CN¥- CN¥11.53 Million ▲ +51 days
2002 54 days CN¥207.05 Million CN¥3.86 Million/day CN¥- CN¥131.65 Million ▼ -395 days
2001 448 days CN¥1.03 Billion CN¥2.29 Million/day CN¥- CN¥394.03 Million ▲ +354 days
2000 95 days CN¥430.22 Million CN¥4.54 Million/day CN¥- CN¥429.63 Million ▼ -9 days
1999 104 days CN¥138.60 Million CN¥1.34 Million/day CN¥- CN¥130.16 Million ▲ +22 days
1998 81 days CN¥231.94 Million CN¥2.86 Million/day CN¥- CN¥199.99 Million ▼ -106 days
1997 187 days CN¥370.57 Million CN¥1.98 Million/day CN¥- CN¥369.99 Million ▼ -340 days
1996 527 days CN¥496.18 Million CN¥941.23K/day CN¥- CN¥56.98 Million ▲ +133 days
1995 394 days CN¥412.32 Million CN¥1.05 Million/day CN¥- CN¥54.76 Million ▲ +177 days
1994 218 days CN¥107.96 Million CN¥496.17K/day CN¥- CN¥107.96 Million ▼ -2040 days
1993 2258 days CN¥452.21 Million CN¥200.30K/day CN¥- CN¥257.04 Million ▼ -2547 days
1992 4805 days CN¥508.06 Million CN¥105.74K/day CN¥- CN¥371.23 Million —
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)