Guangdong Meiyan Jixiang Hydropower Co Ltd (600868) — Defensive Interval Ratio

Latest as of March 2026: 302 days

Guangdong Meiyan Jixiang Hydropower Co Ltd (600868) has a Defensive Interval Ratio of 302 days as of March 2026. Defensive assets of CN¥371.97 Million (cash CN¥-, short-term investments CN¥71.42 Million, receivables CN¥300.55 Million) cover 302 days of daily cash needs of CN¥1.23 Million/day. Check 600868 tangible net worth ratio to evaluate the tangible quality of the company's equity base.

Defensive Interval Ratio

302 days
Days of operational coverage

Defensive Assets

CN¥371.97 Million
Cash + ST Investments + Receivables

Daily Cash Need

CN¥1.23 Million
Current Liabilities ÷ 365

Current Liabilities

CN¥449.47 Million
CNY

Guangdong Meiyan Jixiang Hydropower Co Ltd Defensive Interval Ratio (1994–2025)

This chart shows how Guangdong Meiyan Jixiang Hydropower Co Ltd's Defensive Interval Ratio has evolved across 32 annual periods from 1994 to 2025. As of March 2026, the ratio stands at 302 days, meaning defensive assets of CN¥371.97 Million can fund 302 days of operations without new revenue. Also explore 600868 net asset momentum to track the company's year-over-year net asset growth rate.

Annual Defensive Interval Ratio for Guangdong Meiyan Jixiang Hydropower Co Ltd (1994–2025)

The table below presents the year-by-year Defensive Interval Ratio for Guangdong Meiyan Jixiang Hydropower Co Ltd from 1994 to 2025, covering 32 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 600868 market cap.

Year DIR (days) Defensive Assets (CNY) Daily Cash Need Cash ST Investments Change (days)
2025 274 days CN¥322.24 Million CN¥1.18 Million/day CN¥- CN¥13.37 Million ▼ -147 days
2024 421 days CN¥397.65 Million CN¥943.57K/day CN¥- CN¥- ▼ -182 days
2023 603 days CN¥449.02 Million CN¥744.18K/day CN¥- CN¥9.01 Million ▲ +65 days
2022 538 days CN¥397.45 Million CN¥738.13K/day CN¥- CN¥5.13 Million ▲ +34 days
2021 505 days CN¥302.39 Million CN¥599.16K/day CN¥- CN¥- ▲ +415 days
2020 89 days CN¥6.80 Million CN¥76.05K/day CN¥- CN¥- ▼ -14 days
2019 103 days CN¥9.22 Million CN¥89.27K/day CN¥- CN¥- ▼ -56 days
2018 160 days CN¥16.35 Million CN¥102.38K/day CN¥- CN¥- ▼ -102 days
2017 262 days CN¥55.02 Million CN¥210.40K/day CN¥- CN¥- ▼ -34 days
2016 296 days CN¥86.01 Million CN¥290.91K/day CN¥- CN¥- ▲ +195 days
2015 101 days CN¥50.27 Million CN¥499.95K/day CN¥- CN¥- ▲ +58 days
2014 43 days CN¥20.99 Million CN¥491.46K/day CN¥- CN¥- ▼ -102 days
2013 145 days CN¥62.64 Million CN¥432.62K/day CN¥- CN¥- ▼ -13 days
2012 157 days CN¥87.73 Million CN¥557.63K/day CN¥- CN¥- ▲ +85 days
2011 72 days CN¥113.55 Million CN¥1.57 Million/day CN¥- CN¥- ▲ +4 days
2010 68 days CN¥100.48 Million CN¥1.47 Million/day CN¥- CN¥- ▲ +23 days
2009 46 days CN¥129.18 Million CN¥2.82 Million/day CN¥- CN¥- ▲ +31 days
2008 15 days CN¥88.38 Million CN¥5.90 Million/day CN¥- CN¥- ▼ 0 days
2007 15 days CN¥101.94 Million CN¥6.70 Million/day CN¥- CN¥724.59K ▼ -52 days
2006 68 days CN¥400.38 Million CN¥5.92 Million/day CN¥- CN¥300.00K ▲ +67 days
2005 1 days CN¥3.60 Million CN¥6.83 Million/day CN¥- CN¥2.00 Million ▼ -80 days
2004 80 days CN¥503.68 Million CN¥6.29 Million/day CN¥- CN¥5.16 Million ▲ +19 days
2003 61 days CN¥260.03 Million CN¥4.29 Million/day CN¥- CN¥11.26 Million ▼ -26 days
2002 87 days CN¥285.83 Million CN¥3.30 Million/day CN¥- CN¥67.08 Million ▼ -43 days
2001 130 days CN¥329.94 Million CN¥2.55 Million/day CN¥- CN¥75.58 Million ▲ +111 days
2000 18 days CN¥31.28 Million CN¥1.69 Million/day CN¥- CN¥- ▼ -31 days
1999 50 days CN¥42.91 Million CN¥861.51K/day CN¥- CN¥- ▲ +43 days
1998 7 days CN¥3.58 Million CN¥505.61K/day CN¥- CN¥- ▼ -24 days
1997 31 days CN¥10.80 Million CN¥350.40K/day CN¥- CN¥- ▲ +11 days
1996 20 days CN¥6.94 Million CN¥348.29K/day CN¥- CN¥- ▲ +19 days
1995 1 days CN¥642.04K CN¥513.52K/day CN¥- CN¥- ▼ -96 days
1994 97 days CN¥19.83 Million CN¥203.63K/day CN¥- CN¥18.62 Million
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)