Ming Yang Smart Energy Group Ltd (601615) — Defensive Interval Ratio

Latest as of June 2026: 131 days

Ming Yang Smart Energy Group Ltd (601615) has a Defensive Interval Ratio of 131 days as of June 2026. Defensive assets of CN¥17.82 Billion (cash CN¥-, short-term investments CN¥312.63 Million, receivables CN¥17.51 Billion) cover 131 days of daily cash needs of CN¥135.81 Million/day.

Defensive Interval Ratio

131 days
Days of operational coverage

Defensive Assets

CN¥17.82 Billion
Cash + ST Investments + Receivables

Daily Cash Need

CN¥135.81 Million
Current Liabilities ÷ 365

Current Liabilities

CN¥49.57 Billion
CNY

Ming Yang Smart Energy Group Ltd Defensive Interval Ratio (2009–2025)

This chart shows how Ming Yang Smart Energy Group Ltd's Defensive Interval Ratio has evolved across 17 annual periods from 2009 to 2025. As of June 2026, the ratio stands at 131 days, meaning defensive assets of CN¥17.82 Billion can fund 131 days of operations without new revenue. For the complete balance sheet picture, see 601615 asset base.

Annual Defensive Interval Ratio for Ming Yang Smart Energy Group Ltd (2009–2025)

The table below presents the year-by-year Defensive Interval Ratio for Ming Yang Smart Energy Group Ltd from 2009 to 2025, covering 17 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 Ming Yang Smart Energy Group Ltd working capital to net assets 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 131 days CN¥18.19 Billion CN¥138.57 Million/day CN¥- CN¥1.35 Billion ▼ -24 days
2024 155 days CN¥16.64 Billion CN¥107.23 Million/day CN¥- CN¥1.18 Million ▼ -3 days
2023 158 days CN¥16.35 Billion CN¥103.61 Million/day CN¥- CN¥1.25 Million ▼ -17 days
2022 175 days CN¥13.59 Billion CN¥77.69 Million/day CN¥- CN¥200.18 Million ▲ +88 days
2021 87 days CN¥7.94 Billion CN¥91.10 Million/day CN¥- CN¥- ▲ +18 days
2020 70 days CN¥5.16 Billion CN¥74.10 Million/day CN¥- CN¥- ▼ -43 days
2019 112 days CN¥5.58 Billion CN¥49.76 Million/day CN¥- CN¥- ▼ -110 days
2018 223 days CN¥6.16 Billion CN¥27.67 Million/day CN¥- CN¥- ▲ +44 days
2017 178 days CN¥4.57 Billion CN¥25.64 Million/day CN¥- CN¥- ▼ -15 days
2016 193 days CN¥6.15 Billion CN¥31.90 Million/day CN¥- CN¥- ▼ -11 days
2015 204 days CN¥5.80 Billion CN¥28.42 Million/day CN¥- CN¥- ▲ +50 days
2014 154 days CN¥3.74 Billion CN¥24.33 Million/day CN¥- CN¥- ▼ -195 days
2013 349 days CN¥5.50 Billion CN¥15.77 Million/day CN¥- CN¥- ▲ +28 days
2012 320 days CN¥5.26 Billion CN¥16.43 Million/day CN¥- CN¥- ▼ -6 days
2011 326 days CN¥5.41 Billion CN¥16.60 Million/day CN¥- CN¥- ▼ -1 days
2010 327 days CN¥3.71 Billion CN¥11.35 Million/day CN¥- CN¥- ▼ -21 days
2009 348 days CN¥2.28 Billion CN¥6.54 Million/day CN¥- CN¥- —
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)