China Satellite Communications Co Ltd (601698) — Defensive Interval Ratio

Latest as of March 2026: 261 days

China Satellite Communications Co Ltd (601698) has a Defensive Interval Ratio of 261 days as of March 2026. Defensive assets of CN¥973.14 Million (cash CN¥-, short-term investments CN¥-, receivables CN¥973.14 Million) cover 261 days of daily cash needs of CN¥3.72 Million/day. Check China Satellite Communications Co Ltd (601698) tangible net worth to evaluate the tangible quality of the company's equity base.

Defensive Interval Ratio

261 days
Days of operational coverage

Defensive Assets

CN¥973.14 Million
Cash + ST Investments + Receivables

Daily Cash Need

CN¥3.72 Million
Current Liabilities ÷ 365

Current Liabilities

CN¥1.36 Billion
CNY

China Satellite Communications Co Ltd Defensive Interval Ratio (2014–2025)

This chart shows how China Satellite Communications Co Ltd's Defensive Interval Ratio has evolved across 12 annual periods from 2014 to 2025. As of March 2026, the ratio stands at 261 days, meaning defensive assets of CN¥973.14 Million can fund 261 days of operations without new revenue. Also explore 601698 shareholders equity momentum to track the company's year-over-year net asset growth rate.

Annual Defensive Interval Ratio for China Satellite Communications Co Ltd (2014–2025)

The table below presents the year-by-year Defensive Interval Ratio for China Satellite Communications Co Ltd from 2014 to 2025, covering 12 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 601698 market cap.

Year DIR (days) Defensive Assets (CNY) Daily Cash Need Cash ST Investments Change (days)
2025 170 days CN¥655.79 Million CN¥3.87 Million/day CN¥- CN¥- ▼ -311 days
2024 480 days CN¥1.98 Billion CN¥4.12 Million/day CN¥- CN¥1.50 Billion ▲ +402 days
2023 78 days CN¥399.43 Million CN¥5.11 Million/day CN¥- CN¥- ▼ -16 days
2022 94 days CN¥476.33 Million CN¥5.05 Million/day CN¥- CN¥- ▲ +17 days
2021 78 days CN¥460.22 Million CN¥5.93 Million/day CN¥- CN¥1.62 Million ▼ -10 days
2020 88 days CN¥427.94 Million CN¥4.88 Million/day CN¥- CN¥2.03 Million ▲ +15 days
2019 73 days CN¥376.46 Million CN¥5.14 Million/day CN¥- CN¥3.81 Million ▲ +17 days
2018 56 days CN¥380.39 Million CN¥6.76 Million/day CN¥- CN¥8.07 Million ▲ +4 days
2017 52 days CN¥361.66 Million CN¥6.95 Million/day CN¥- CN¥6.16 Million ▲ +9 days
2016 43 days CN¥325.90 Million CN¥7.59 Million/day CN¥- CN¥21.41 Million ▲ +11 days
2015 32 days CN¥222.60 Million CN¥6.94 Million/day CN¥- CN¥33.23 Million ▲ +4 days
2014 28 days CN¥235.91 Million CN¥8.37 Million/day CN¥- CN¥44.36 Million
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)