Beijing-Shanghai High Speed Railway Co Ltd (601816) — Defensive Interval Ratio

Latest as of March 2026: 72 days

Beijing-Shanghai High Speed Railway Co Ltd (601816) has a Defensive Interval Ratio of 72 days as of March 2026. Defensive assets of CN¥1.78 Billion (cash CN¥-, short-term investments CN¥-, receivables CN¥1.78 Billion) cover 72 days of daily cash needs of CN¥24.88 Million/day.

Defensive Interval Ratio

72 days
Days of operational coverage

Defensive Assets

CN¥1.78 Billion
Cash + ST Investments + Receivables

Daily Cash Need

CN¥24.88 Million
Current Liabilities ÷ 365

Current Liabilities

CN¥9.08 Billion
CNY

Beijing-Shanghai High Speed Railway Co Ltd Defensive Interval Ratio (2016–2025)

This chart shows how Beijing-Shanghai High Speed Railway Co Ltd's Defensive Interval Ratio has evolved across 10 annual periods from 2016 to 2025. As of March 2026, the ratio stands at 72 days, meaning defensive assets of CN¥1.78 Billion can fund 72 days of operations without new revenue. For the complete balance sheet picture, see Beijing-Shanghai High Speed Railway Co L (601816) total assets.

Annual Defensive Interval Ratio for Beijing-Shanghai High Speed Railway Co Ltd (2016–2025)

The table below presents the year-by-year Defensive Interval Ratio for Beijing-Shanghai High Speed Railway Co Ltd from 2016 to 2025, covering 10 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 Beijing-Shanghai High Speed Railway Co L 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 43 days CN¥1.13 Billion CN¥25.90 Million/day CN¥- CN¥- ▼ -33 days
2024 77 days CN¥1.72 Billion CN¥22.38 Million/day CN¥- CN¥- ▲ +43 days
2023 34 days CN¥1.37 Billion CN¥40.37 Million/day CN¥- CN¥- ▲ +7 days
2022 27 days CN¥685.55 Million CN¥25.49 Million/day CN¥- CN¥- ▲ +16 days
2021 11 days CN¥272.85 Million CN¥24.58 Million/day CN¥- CN¥- ▼ -48 days
2020 59 days CN¥2.30 Billion CN¥39.06 Million/day CN¥- CN¥- ▼ -179 days
2019 238 days CN¥3.58 Billion CN¥15.05 Million/day CN¥- CN¥- ▲ +117 days
2018 121 days CN¥1.69 Billion CN¥13.98 Million/day CN¥- CN¥- ▲ +45 days
2017 77 days CN¥1.86 Billion CN¥24.27 Million/day CN¥- CN¥- ▼ -18 days
2016 95 days CN¥2.14 Billion CN¥22.51 Million/day CN¥- CN¥- —
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)