Henan Mingtai Al.Industrial Co Ltd (601677) — Defensive Interval Ratio

Latest as of September 2025: 372 days

Henan Mingtai Al.Industrial Co Ltd (601677) has a Defensive Interval Ratio of 372 days as of September 2025. Defensive assets of CN¥8.09 Billion (cash CN¥-, short-term investments CN¥1.25 Billion, receivables CN¥6.85 Billion) cover 372 days of daily cash needs of CN¥21.78 Million/day.

Defensive Interval Ratio

372 days
Days of operational coverage

Defensive Assets

CN¥8.09 Billion
Cash + ST Investments + Receivables

Daily Cash Need

CN¥21.78 Million
Current Liabilities ÷ 365

Current Liabilities

CN¥7.95 Billion
CNY

Henan Mingtai Al.Industrial Co Ltd Defensive Interval Ratio (2008–2024)

This chart shows how Henan Mingtai Al.Industrial Co Ltd's Defensive Interval Ratio has evolved across 17 annual periods from 2008 to 2024. As of September 2025, the ratio stands at 372 days, meaning defensive assets of CN¥8.09 Billion can fund 372 days of operations without new revenue. For the complete balance sheet picture, see total assets of Henan Mingtai Al.Industrial Co Ltd.

Annual Defensive Interval Ratio for Henan Mingtai Al.Industrial Co Ltd (2008–2024)

The table below presents the year-by-year Defensive Interval Ratio for Henan Mingtai Al.Industrial Co Ltd from 2008 to 2024, 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 Henan Mingtai Al.Industrial Co Ltd current assets vs equity 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 519 days CN¥7.58 Billion CN¥14.60 Million/day CN¥- CN¥2.80 Billion ▲ +144 days
2023 375 days CN¥5.07 Billion CN¥13.54 Million/day CN¥- CN¥1.04 Billion ▲ +11 days
2022 364 days CN¥4.95 Billion CN¥13.61 Million/day CN¥- CN¥1.39 Billion ▲ +73 days
2021 291 days CN¥5.16 Billion CN¥17.74 Million/day CN¥- CN¥2.14 Billion ▼ -241 days
2020 532 days CN¥3.42 Billion CN¥6.43 Million/day CN¥- CN¥1.53 Billion ▲ +178 days
2019 354 days CN¥2.66 Billion CN¥7.53 Million/day CN¥- CN¥819.97 Million ▲ +165 days
2018 189 days CN¥1.49 Billion CN¥7.87 Million/day CN¥- CN¥14.26 Million ▼ -67 days
2017 256 days CN¥2.17 Billion CN¥8.50 Million/day CN¥- CN¥982.60 Million ▲ +58 days
2016 198 days CN¥1.00 Billion CN¥5.07 Million/day CN¥- CN¥24.56 Million ▼ -139 days
2015 337 days CN¥1.63 Billion CN¥4.84 Million/day CN¥- CN¥1.03 Billion ▲ +136 days
2014 201 days CN¥1.26 Billion CN¥6.26 Million/day CN¥- CN¥500.00 Million ▼ -206 days
2013 407 days CN¥778.91 Million CN¥1.91 Million/day CN¥- CN¥- ▲ +94 days
2012 313 days CN¥517.07 Million CN¥1.65 Million/day CN¥- CN¥- ▲ +89 days
2011 224 days CN¥536.80 Million CN¥2.40 Million/day CN¥- CN¥1.19 Million ▲ +69 days
2010 155 days CN¥528.39 Million CN¥3.40 Million/day CN¥- CN¥- ▲ +49 days
2009 106 days CN¥345.87 Million CN¥3.27 Million/day CN¥- CN¥5.34 Million ▲ +23 days
2008 83 days CN¥276.71 Million CN¥3.34 Million/day CN¥- CN¥- —
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)