China Southern Power Grid Technology Co Ltd (688248) — Defensive Interval Ratio

Latest as of March 2026: 455 days

China Southern Power Grid Technology Co Ltd (688248) has a Defensive Interval Ratio of 455 days as of March 2026. Defensive assets of CN¥1.63 Billion (cash CN¥-, short-term investments CN¥1.10 Billion, receivables CN¥529.47 Million) cover 455 days of daily cash needs of CN¥3.59 Million/day. Check tangible net worth ratio of China Southern Power Grid Technology Co to evaluate the tangible quality of the company's equity base.

Defensive Interval Ratio

455 days
Days of operational coverage

Defensive Assets

CN¥1.63 Billion
Cash + ST Investments + Receivables

Daily Cash Need

CN¥3.59 Million
Current Liabilities ÷ 365

Current Liabilities

CN¥1.31 Billion
CNY

China Southern Power Grid Technology Co Ltd Defensive Interval Ratio (2018–2025)

This chart shows how China Southern Power Grid Technology Co Ltd's Defensive Interval Ratio has evolved across 8 annual periods from 2018 to 2025. As of March 2026, the ratio stands at 455 days, meaning defensive assets of CN¥1.63 Billion can fund 455 days of operations without new revenue. Also explore China Southern Power Grid Technology Co (688248) net asset momentum to track the company's year-over-year net asset growth rate.

Annual Defensive Interval Ratio for China Southern Power Grid Technology Co Ltd (2018–2025)

The table below presents the year-by-year Defensive Interval Ratio for China Southern Power Grid Technology Co Ltd from 2018 to 2025, covering 8 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 China Southern Power Grid Technology Co .

Year DIR (days) Defensive Assets (CNY) Daily Cash Need Cash ST Investments Change (days)
2025 361 days CN¥1.66 Billion CN¥4.59 Million/day CN¥- CN¥1.00 Billion ▲ +43 days
2024 318 days CN¥1.32 Billion CN¥4.15 Million/day CN¥- CN¥700.61 Million ▲ +133 days
2023 185 days CN¥832.20 Million CN¥4.49 Million/day CN¥- CN¥300.00 Million ▼ -186 days
2022 372 days CN¥1.06 Billion CN¥2.85 Million/day CN¥- CN¥568.00 Million ▲ +191 days
2021 181 days CN¥338.74 Million CN¥1.87 Million/day CN¥- CN¥- ▲ +43 days
2020 138 days CN¥231.65 Million CN¥1.68 Million/day CN¥- CN¥- ▼ -46 days
2019 184 days CN¥187.30 Million CN¥1.02 Million/day CN¥- CN¥- ▼ -45 days
2018 228 days CN¥158.27 Million CN¥693.23K/day CN¥- CN¥-
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)