PetroChina Co Ltd Class A (601857) — Defensive Interval Ratio

Latest as of June 2025: 69 days

PetroChina Co Ltd Class A (601857) has a Defensive Interval Ratio of 69 days as of June 2025. Defensive assets of CN¥128.74 Billion (cash CN¥-, short-term investments CN¥9.03 Billion, receivables CN¥119.72 Billion) cover 69 days of daily cash needs of CN¥1.87 Billion/day.

Defensive Interval Ratio

69 days
Days of operational coverage

Defensive Assets

CN¥128.74 Billion
Cash + ST Investments + Receivables

Daily Cash Need

CN¥1.87 Billion
Current Liabilities ÷ 365

Current Liabilities

CN¥684.27 Billion
CNY

PetroChina Co Ltd Class A Defensive Interval Ratio (2014–2024)

This chart shows how PetroChina Co Ltd Class A's Defensive Interval Ratio has evolved across 11 annual periods from 2014 to 2024. As of June 2025, the ratio stands at 69 days, meaning defensive assets of CN¥128.74 Billion can fund 69 days of operations without new revenue. For the complete balance sheet picture, see balance sheet size of PetroChina Co Ltd Class A.

Annual Defensive Interval Ratio for PetroChina Co Ltd Class A (2014–2024)

The table below presents the year-by-year Defensive Interval Ratio for PetroChina Co Ltd Class A from 2014 to 2024, covering 11 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 PetroChina Co Ltd Class A short-term liquidity 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 43 days CN¥74.43 Billion CN¥1.75 Billion/day CN¥- CN¥2.82 Billion ▲ +2 days
2023 40 days CN¥76.41 Billion CN¥1.89 Billion/day CN¥- CN¥7.40 Billion ▼ -26 days
2022 67 days CN¥114.14 Billion CN¥1.71 Billion/day CN¥- CN¥42.11 Billion ▲ +8 days
2021 59 days CN¥83.47 Billion CN¥1.42 Billion/day CN¥- CN¥30.72 Billion ▲ +11 days
2020 48 days CN¥79.64 Billion CN¥1.66 Billion/day CN¥- CN¥27.32 Billion ▼ -16 days
2019 64 days CN¥115.11 Billion CN¥1.81 Billion/day CN¥- CN¥24.26 Billion ▲ +2 days
2018 62 days CN¥101.13 Billion CN¥1.63 Billion/day CN¥- CN¥9.54 Billion ▼ -1 days
2017 63 days CN¥99.41 Billion CN¥1.58 Billion/day CN¥- CN¥13.34 Billion ▲ +12 days
2016 51 days CN¥70.11 Billion CN¥1.37 Billion/day CN¥- CN¥686.00 Million ▼ -8 days
2015 59 days CN¥76.11 Billion CN¥1.29 Billion/day CN¥- CN¥919.00 Million ▲ +17 days
2014 42 days CN¥10.63 Billion CN¥256.06 Million/day CN¥- CN¥- —
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)