Beijing Hanjian Heshan Pipeline Co Ltd (603616) — Defensive Interval Ratio

Latest as of March 2026: 125 days

Beijing Hanjian Heshan Pipeline Co Ltd (603616) has a Defensive Interval Ratio of 125 days as of March 2026. Defensive assets of CN¥346.48 Million (cash CN¥-, short-term investments CN¥-, receivables CN¥346.48 Million) cover 125 days of daily cash needs of CN¥2.77 Million/day. See 603616 net working capital ratio to evaluate short-term liquidity relative to the company's equity base.

Defensive Interval Ratio

125 days
Days of operational coverage

Defensive Assets

CN¥346.48 Million
Cash + ST Investments + Receivables

Daily Cash Need

CN¥2.77 Million
Current Liabilities ÷ 365

Current Liabilities

CN¥1.01 Billion
CNY

Beijing Hanjian Heshan Pipeline Co Ltd Defensive Interval Ratio (2011–2025)

This chart shows how Beijing Hanjian Heshan Pipeline Co Ltd's Defensive Interval Ratio has evolved across 15 annual periods from 2011 to 2025. As of March 2026, the ratio stands at 125 days, meaning defensive assets of CN¥346.48 Million can fund 125 days of operations without new revenue. See Beijing Hanjian Heshan Pipeline Co Ltd net asset quality index to measure how much of total assets are equity-financed.

Annual Defensive Interval Ratio for Beijing Hanjian Heshan Pipeline Co Ltd (2011–2025)

The table below presents the year-by-year Defensive Interval Ratio for Beijing Hanjian Heshan Pipeline Co Ltd from 2011 to 2025, covering 15 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 market value of Beijing Hanjian Heshan Pipeline Co Ltd.

Year DIR (days) Defensive Assets (CNY) Daily Cash Need Cash ST Investments Change (days)
2025 132 days CN¥384.97 Million CN¥2.91 Million/day CN¥- CN¥- ▼ -75 days
2024 207 days CN¥793.87 Million CN¥3.83 Million/day CN¥- CN¥- ▼ -33 days
2023 240 days CN¥879.09 Million CN¥3.67 Million/day CN¥- CN¥- ▼ -37 days
2022 277 days CN¥970.19 Million CN¥3.50 Million/day CN¥- CN¥- ▼ -54 days
2021 331 days CN¥1.20 Billion CN¥3.64 Million/day CN¥- CN¥- ▲ +118 days
2020 212 days CN¥938.58 Million CN¥4.42 Million/day CN¥- CN¥- ▼ -16 days
2019 229 days CN¥908.13 Million CN¥3.97 Million/day CN¥- CN¥- ▼ -70 days
2018 299 days CN¥917.20 Million CN¥3.07 Million/day CN¥- CN¥- ▲ +32 days
2017 267 days CN¥630.47 Million CN¥2.36 Million/day CN¥- CN¥- ▲ +4 days
2016 263 days CN¥658.79 Million CN¥2.51 Million/day CN¥- CN¥- ▼ -131 days
2015 393 days CN¥693.18 Million CN¥1.76 Million/day CN¥- CN¥- ▲ +154 days
2014 239 days CN¥584.15 Million CN¥2.44 Million/day CN¥- CN¥- ▲ +106 days
2013 134 days CN¥347.70 Million CN¥2.60 Million/day CN¥- CN¥- ▼ -82 days
2012 216 days CN¥298.03 Million CN¥1.38 Million/day CN¥- CN¥- ▼ -57 days
2011 274 days CN¥213.15 Million CN¥779.02K/day CN¥- CN¥- —
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)