Shuifa Energas Gas Co Ltd (603318) — Defensive Interval Ratio

Latest as of September 2025: 103 days

Shuifa Energas Gas Co Ltd (603318) has a Defensive Interval Ratio of 103 days as of September 2025. Defensive assets of CN¥446.74 Million (cash CN¥-, short-term investments CN¥-, receivables CN¥446.74 Million) cover 103 days of daily cash needs of CN¥4.36 Million/day.

Defensive Interval Ratio

103 days
Days of operational coverage

Defensive Assets

CN¥446.74 Million
Cash + ST Investments + Receivables

Daily Cash Need

CN¥4.36 Million
Current Liabilities ÷ 365

Current Liabilities

CN¥1.59 Billion
CNY

Shuifa Energas Gas Co Ltd Defensive Interval Ratio (2011–2024)

This chart shows how Shuifa Energas Gas Co Ltd's Defensive Interval Ratio has evolved across 14 annual periods from 2011 to 2024. As of September 2025, the ratio stands at 103 days, meaning defensive assets of CN¥446.74 Million can fund 103 days of operations without new revenue. For the complete balance sheet picture, see balance sheet size of Shuifa Energas Gas Co Ltd.

Annual Defensive Interval Ratio for Shuifa Energas Gas Co Ltd (2011–2024)

The table below presents the year-by-year Defensive Interval Ratio for Shuifa Energas Gas Co Ltd from 2011 to 2024, covering 14 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 Shuifa Energas Gas 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 124 days CN¥588.82 Million CN¥4.75 Million/day CN¥- CN¥- ▲ +71 days
2023 53 days CN¥277.11 Million CN¥5.27 Million/day CN¥- CN¥-20.76 Million ▼ -25 days
2022 77 days CN¥399.12 Million CN¥5.15 Million/day CN¥- CN¥- ▼ -39 days
2021 116 days CN¥315.38 Million CN¥2.71 Million/day CN¥- CN¥- ▼ -11 days
2020 127 days CN¥357.94 Million CN¥2.82 Million/day CN¥- CN¥5.00 Million ▼ -102 days
2019 229 days CN¥263.96 Million CN¥1.15 Million/day CN¥- CN¥- ▲ +41 days
2018 188 days CN¥486.56 Million CN¥2.59 Million/day CN¥- CN¥114.75 Million ▼ -33 days
2017 221 days CN¥392.36 Million CN¥1.77 Million/day CN¥- CN¥- ▼ -27 days
2016 248 days CN¥402.38 Million CN¥1.62 Million/day CN¥- CN¥- ▼ -66 days
2015 314 days CN¥400.62 Million CN¥1.28 Million/day CN¥- CN¥- ▲ +95 days
2014 218 days CN¥193.11 Million CN¥884.30K/day CN¥- CN¥- ▲ +17 days
2013 201 days CN¥164.19 Million CN¥815.08K/day CN¥- CN¥- ▲ +14 days
2012 187 days CN¥141.08 Million CN¥753.62K/day CN¥- CN¥- ▼ -199 days
2011 386 days CN¥129.75 Million CN¥336.00K/day CN¥- CN¥- —
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)