GSP Automotive Group Wenzhou Co Ltd (605088) — Defensive Interval Ratio

Latest as of June 2025: 276 days

GSP Automotive Group Wenzhou Co Ltd (605088) has a Defensive Interval Ratio of 276 days as of June 2025. Defensive assets of CN¥2.40 Billion (cash CN¥-, short-term investments CN¥1.19 Billion, receivables CN¥1.21 Billion) cover 276 days of daily cash needs of CN¥8.68 Million/day. Check 605088 intangible-adjusted equity ratio to evaluate the tangible quality of the company's equity base.

Defensive Interval Ratio

276 days
Days of operational coverage

Defensive Assets

CN¥2.40 Billion
Cash + ST Investments + Receivables

Daily Cash Need

CN¥8.68 Million
Current Liabilities ÷ 365

Current Liabilities

CN¥3.17 Billion
CNY

GSP Automotive Group Wenzhou Co Ltd Defensive Interval Ratio (2019–2024)

This chart shows how GSP Automotive Group Wenzhou Co Ltd's Defensive Interval Ratio has evolved across 6 annual periods from 2019 to 2024. As of June 2025, the ratio stands at 276 days, meaning defensive assets of CN¥2.40 Billion can fund 276 days of operations without new revenue. Also explore GSP Automotive Group Wenzhou Co Ltd equity growth rate to track the company's year-over-year net asset growth rate.

Annual Defensive Interval Ratio for GSP Automotive Group Wenzhou Co Ltd (2019–2024)

The table below presents the year-by-year Defensive Interval Ratio for GSP Automotive Group Wenzhou Co Ltd from 2019 to 2024, covering 6 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 605088 market cap.

Year DIR (days) Defensive Assets (CNY) Daily Cash Need Cash ST Investments Change (days)
2024 273 days CN¥2.24 Billion CN¥8.22 Million/day CN¥- CN¥1.03 Billion ▼ -44 days
2023 317 days CN¥1.51 Billion CN¥4.75 Million/day CN¥- CN¥724.80 Million ▲ +55 days
2022 262 days CN¥936.23 Million CN¥3.58 Million/day CN¥- CN¥397.47 Million ▲ +25 days
2021 237 days CN¥674.42 Million CN¥2.85 Million/day CN¥- CN¥235.16 Million ▼ -67 days
2020 304 days CN¥703.22 Million CN¥2.32 Million/day CN¥- CN¥340.02 Million ▲ +129 days
2019 175 days CN¥329.95 Million CN¥1.88 Million/day CN¥- CN¥-
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)