Shandong Publishing & Media (601019) — Defensive Interval Ratio

Latest as of June 2026: 362 days

Shandong Publishing & Media (601019) has a Defensive Interval Ratio of 362 days as of June 2026. Defensive assets of CN¥4.74 Billion (cash CN¥-, short-term investments CN¥2.65 Billion, receivables CN¥2.09 Billion) cover 362 days of daily cash needs of CN¥13.09 Million/day.

Defensive Interval Ratio

362 days
Days of operational coverage

Defensive Assets

CN¥4.74 Billion
Cash + ST Investments + Receivables

Daily Cash Need

CN¥13.09 Million
Current Liabilities ÷ 365

Current Liabilities

CN¥4.78 Billion
CNY

Shandong Publishing & Media Defensive Interval Ratio (2012–2025)

This chart shows how Shandong Publishing & Media's Defensive Interval Ratio has evolved across 14 annual periods from 2012 to 2025. As of June 2026, the ratio stands at 362 days, meaning defensive assets of CN¥4.74 Billion can fund 362 days of operations without new revenue. For the complete balance sheet picture, see Shandong Publishing & Media balance sheet assets.

Annual Defensive Interval Ratio for Shandong Publishing & Media (2012–2025)

The table below presents the year-by-year Defensive Interval Ratio for Shandong Publishing & Media from 2012 to 2025, covering 14 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 Shandong Publishing & Media 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 249 days CN¥3.82 Billion CN¥15.38 Million/day CN¥- CN¥2.17 Billion ▲ +16 days
2024 232 days CN¥3.57 Billion CN¥15.37 Million/day CN¥- CN¥1.86 Billion ▲ +34 days
2023 199 days CN¥3.62 Billion CN¥18.20 Million/day CN¥- CN¥1.91 Billion ▼ -52 days
2022 251 days CN¥4.09 Billion CN¥16.31 Million/day CN¥- CN¥2.17 Billion ▼ -20 days
2021 271 days CN¥4.39 Billion CN¥16.18 Million/day CN¥- CN¥2.29 Billion ▼ -44 days
2020 315 days CN¥4.24 Billion CN¥13.46 Million/day CN¥- CN¥1.88 Billion ▼ -46 days
2019 361 days CN¥4.06 Billion CN¥11.25 Million/day CN¥- CN¥2.40 Billion ▲ +203 days
2018 158 days CN¥1.55 Billion CN¥9.81 Million/day CN¥- CN¥- ▼ -52 days
2017 210 days CN¥1.91 Billion CN¥9.10 Million/day CN¥- CN¥600.00 Million ▲ +36 days
2016 174 days CN¥1.59 Billion CN¥9.14 Million/day CN¥- CN¥590.00 Million ▲ +17 days
2015 157 days CN¥1.61 Billion CN¥10.28 Million/day CN¥- CN¥650.00 Million ▼ -1 days
2014 158 days CN¥1.67 Billion CN¥10.62 Million/day CN¥- CN¥600.00 Million ▲ +8 days
2013 150 days CN¥2.03 Billion CN¥13.57 Million/day CN¥- CN¥620.00 Million ▼ -23 days
2012 173 days CN¥1.82 Billion CN¥10.57 Million/day CN¥- CN¥450.00 Million —
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)