CITIC Heavy Industries Co Ltd (601608) — Defensive Interval Ratio

Latest as of September 2025: 192 days

CITIC Heavy Industries Co Ltd (601608) has a Defensive Interval Ratio of 192 days as of September 2025. Defensive assets of CN¥4.62 Billion (cash CN¥-, short-term investments CN¥22.94 Million, receivables CN¥4.60 Billion) cover 192 days of daily cash needs of CN¥24.00 Million/day.

Defensive Interval Ratio

192 days
Days of operational coverage

Defensive Assets

CN¥4.62 Billion
Cash + ST Investments + Receivables

Daily Cash Need

CN¥24.00 Million
Current Liabilities ÷ 365

Current Liabilities

CN¥8.76 Billion
CNY

CITIC Heavy Industries Co Ltd Defensive Interval Ratio (2009–2024)

This chart shows how CITIC Heavy Industries Co Ltd's Defensive Interval Ratio has evolved across 16 annual periods from 2009 to 2024. As of September 2025, the ratio stands at 192 days, meaning defensive assets of CN¥4.62 Billion can fund 192 days of operations without new revenue. For the complete balance sheet picture, see 601608 current and non-current assets.

Annual Defensive Interval Ratio for CITIC Heavy Industries Co Ltd (2009–2024)

The table below presents the year-by-year Defensive Interval Ratio for CITIC Heavy Industries Co Ltd from 2009 to 2024, covering 16 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 601608 net working capital 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)
2024 167 days CN¥4.13 Billion CN¥24.67 Million/day CN¥- CN¥21.04 Million ▼ -20 days
2023 187 days CN¥4.38 Billion CN¥23.42 Million/day CN¥- CN¥21.85 Million ▼ -3 days
2022 189 days CN¥5.04 Billion CN¥26.59 Million/day CN¥- CN¥- ▲ +42 days
2021 148 days CN¥4.34 Billion CN¥29.32 Million/day CN¥- CN¥- ▲ +9 days
2020 138 days CN¥4.11 Billion CN¥29.65 Million/day CN¥- CN¥- ▲ +16 days
2019 123 days CN¥3.83 Billion CN¥31.29 Million/day CN¥- CN¥- ▼ -7 days
2018 130 days CN¥3.25 Billion CN¥25.03 Million/day CN¥- CN¥19.50 Million ▲ +9 days
2017 121 days CN¥3.20 Billion CN¥26.51 Million/day CN¥- CN¥162.00 Million ▲ +8 days
2016 113 days CN¥3.04 Billion CN¥26.84 Million/day CN¥- CN¥30.00 Million ▲ +7 days
2015 106 days CN¥2.71 Billion CN¥25.48 Million/day CN¥- CN¥- ▼ -43 days
2014 149 days CN¥3.19 Billion CN¥21.37 Million/day CN¥- CN¥188.50K ▼ -12 days
2013 161 days CN¥2.97 Billion CN¥18.46 Million/day CN¥- CN¥- ▲ +13 days
2012 148 days CN¥2.93 Billion CN¥19.82 Million/day CN¥- CN¥- ▲ +34 days
2011 114 days CN¥2.53 Billion CN¥22.32 Million/day CN¥- CN¥- ▲ +42 days
2010 72 days CN¥1.69 Billion CN¥23.66 Million/day CN¥- CN¥- ▼ -56 days
2009 127 days CN¥3.16 Billion CN¥24.89 Million/day CN¥- CN¥- —
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)