Cosco Shipping Development Co Ltd (601866) — Defensive Interval Ratio

Latest as of March 2026: 17 days

Cosco Shipping Development Co Ltd (601866) has a Defensive Interval Ratio of 17 days as of March 2026. Defensive assets of CN¥2.24 Billion (cash CN¥-, short-term investments CN¥1.09 Million, receivables CN¥2.24 Billion) cover 17 days of daily cash needs of CN¥130.40 Million/day.

Defensive Interval Ratio

17 days
Days of operational coverage

Defensive Assets

CN¥2.24 Billion
Cash + ST Investments + Receivables

Daily Cash Need

CN¥130.40 Million
Current Liabilities ÷ 365

Current Liabilities

CN¥47.60 Billion
CNY

Cosco Shipping Development Co Ltd Defensive Interval Ratio (2003–2025)

This chart shows how Cosco Shipping Development Co Ltd's Defensive Interval Ratio has evolved across 21 annual periods from 2003 to 2025. As of March 2026, the ratio stands at 17 days, meaning defensive assets of CN¥2.24 Billion can fund 17 days of operations without new revenue. For the complete balance sheet picture, see 601866 total assets.

Annual Defensive Interval Ratio for Cosco Shipping Development Co Ltd (2003–2025)

The table below presents the year-by-year Defensive Interval Ratio for Cosco Shipping Development Co Ltd from 2003 to 2025, covering 21 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 601866 working capital efficiency 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 16 days CN¥2.07 Billion CN¥127.84 Million/day CN¥- CN¥2.19 Million ▼ -36 days
2024 52 days CN¥5.58 Billion CN¥107.87 Million/day CN¥- CN¥34.35 Million ▼ -2 days
2023 54 days CN¥5.65 Billion CN¥104.69 Million/day CN¥- CN¥661.65 Million ▲ +41 days
2022 13 days CN¥1.50 Billion CN¥115.28 Million/day CN¥- CN¥639.61 Million ▼ -9 days
2021 22 days CN¥3.28 Billion CN¥147.62 Million/day CN¥- CN¥1.07 Billion ▼ 0 days
2020 23 days CN¥4.01 Billion CN¥177.70 Million/day CN¥- CN¥654.22 Million ▲ +8 days
2019 15 days CN¥2.17 Billion CN¥148.68 Million/day CN¥- CN¥490.97 Million ▲ +7 days
2018 8 days CN¥1.18 Billion CN¥150.39 Million/day CN¥- CN¥- ▼ -11 days
2017 19 days CN¥2.72 Billion CN¥144.27 Million/day CN¥- CN¥547.43 Million ▼ -2 days
2016 21 days CN¥2.51 Billion CN¥122.22 Million/day CN¥- CN¥72.47 Million ▼ -61 days
2015 82 days CN¥3.36 Billion CN¥41.09 Million/day CN¥- CN¥678.40 Million ▲ +9 days
2014 73 days CN¥2.63 Billion CN¥36.25 Million/day CN¥- CN¥- ▲ +4 days
2013 68 days CN¥2.48 Billion CN¥36.34 Million/day CN¥- CN¥- ▼ -77 days
2012 145 days CN¥2.51 Billion CN¥17.33 Million/day CN¥- CN¥- ▲ +74 days
2011 71 days CN¥1.90 Billion CN¥26.76 Million/day CN¥- CN¥- ▼ -10 days
2010 81 days CN¥1.91 Billion CN¥23.62 Million/day CN¥- CN¥- ▼ -137 days
2007 217 days CN¥4.57 Billion CN¥21.01 Million/day CN¥- CN¥21.69 Million ▼ -26 days
2006 244 days CN¥3.23 Billion CN¥13.24 Million/day CN¥- CN¥- ▼ -234 days
2005 477 days CN¥4.86 Billion CN¥10.18 Million/day CN¥- CN¥- ▲ +147 days
2004 331 days CN¥3.01 Billion CN¥9.10 Million/day CN¥- CN¥- ▲ +156 days
2003 175 days CN¥2.92 Billion CN¥16.74 Million/day CN¥- CN¥- —
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)