CNOOC Energy Technology & Services Ltd (600968) — Defensive Interval Ratio

Latest as of March 2026: 338 days

CNOOC Energy Technology & Services Ltd (600968) has a Defensive Interval Ratio of 338 days as of March 2026. Defensive assets of CN¥13.10 Billion (cash CN¥-, short-term investments CN¥4.54 Billion, receivables CN¥8.55 Billion) cover 338 days of daily cash needs of CN¥38.76 Million/day. Check CNOOC Energy Technology & Services Ltd (600968) tangible net worth to evaluate the tangible quality of the company's equity base.

Defensive Interval Ratio

338 days
Days of operational coverage

Defensive Assets

CN¥13.10 Billion
Cash + ST Investments + Receivables

Daily Cash Need

CN¥38.76 Million
Current Liabilities ÷ 365

Current Liabilities

CN¥14.15 Billion
CNY

CNOOC Energy Technology & Services Ltd Defensive Interval Ratio (2013–2025)

This chart shows how CNOOC Energy Technology & Services Ltd's Defensive Interval Ratio has evolved across 13 annual periods from 2013 to 2025. As of March 2026, the ratio stands at 338 days, meaning defensive assets of CN¥13.10 Billion can fund 338 days of operations without new revenue. Also explore CNOOC Energy Technology & Services Ltd equity growth rate to track the company's year-over-year net asset growth rate.

Annual Defensive Interval Ratio for CNOOC Energy Technology & Services Ltd (2013–2025)

The table below presents the year-by-year Defensive Interval Ratio for CNOOC Energy Technology & Services Ltd from 2013 to 2025, covering 13 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 600968 market cap.

Year DIR (days) Defensive Assets (CNY) Daily Cash Need Cash ST Investments Change (days)
2025 392 days CN¥18.40 Billion CN¥46.95 Million/day CN¥- CN¥4.80 Billion ▲ +8 days
2024 384 days CN¥19.10 Billion CN¥49.75 Million/day CN¥- CN¥5.22 Billion ▲ +48 days
2023 336 days CN¥15.30 Billion CN¥45.53 Million/day CN¥- CN¥2.57 Billion ▼ -112 days
2022 448 days CN¥18.23 Billion CN¥40.69 Million/day CN¥- CN¥3.25 Billion ▲ +27 days
2021 421 days CN¥15.05 Billion CN¥35.79 Million/day CN¥- CN¥1.93 Billion ▲ +43 days
2020 377 days CN¥12.09 Billion CN¥32.07 Million/day CN¥- CN¥538.97 Million ▼ -32 days
2019 409 days CN¥11.19 Billion CN¥27.32 Million/day CN¥- CN¥527.53 Million ▲ +112 days
2018 297 days CN¥9.20 Billion CN¥30.99 Million/day CN¥- CN¥- ▲ +33 days
2017 264 days CN¥8.16 Billion CN¥30.90 Million/day CN¥- CN¥- ▲ +33 days
2016 231 days CN¥7.04 Billion CN¥30.48 Million/day CN¥- CN¥- ▼ -35 days
2015 265 days CN¥8.45 Billion CN¥31.83 Million/day CN¥- CN¥- ▲ +48 days
2014 217 days CN¥8.96 Billion CN¥41.27 Million/day CN¥- CN¥- ▼ -5 days
2013 222 days CN¥8.13 Billion CN¥36.54 Million/day CN¥- CN¥- —
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)