Shandong Chenming Paper Holdings Ltd (000488) — Defensive Interval Ratio

Latest as of March 2026: 7 days

Shandong Chenming Paper Holdings Ltd (000488) has a Defensive Interval Ratio of 7 days as of March 2026. Defensive assets of CN¥768.90 Million (cash CN¥-, short-term investments CN¥31.93 Million, receivables CN¥736.97 Million) cover 7 days of daily cash needs of CN¥107.50 Million/day.

Defensive Interval Ratio

7 days
Days of operational coverage

Defensive Assets

CN¥768.90 Million
Cash + ST Investments + Receivables

Daily Cash Need

CN¥107.50 Million
Current Liabilities ÷ 365

Current Liabilities

CN¥39.24 Billion
CNY

Shandong Chenming Paper Holdings Ltd Defensive Interval Ratio (1994–2025)

This chart shows how Shandong Chenming Paper Holdings Ltd's Defensive Interval Ratio has evolved across 30 annual periods from 1994 to 2025. As of March 2026, the ratio stands at 7 days, meaning defensive assets of CN¥768.90 Million can fund 7 days of operations without new revenue. For the complete balance sheet picture, see total assets of Shandong Chenming Paper Holdings Ltd.

Annual Defensive Interval Ratio for Shandong Chenming Paper Holdings Ltd (1994–2025)

The table below presents the year-by-year Defensive Interval Ratio for Shandong Chenming Paper Holdings Ltd from 1994 to 2025, covering 30 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 Shandong Chenming Paper Holdings 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)
2025 7 days CN¥781.54 Million CN¥107.92 Million/day CN¥- CN¥38.79 Million ▼ -19 days
2024 26 days CN¥3.11 Billion CN¥120.12 Million/day CN¥- CN¥37.26 Million ▼ -14 days
2023 40 days CN¥5.43 Billion CN¥136.38 Million/day CN¥- CN¥46.29 Million ▼ -7 days
2022 47 days CN¥6.72 Billion CN¥142.19 Million/day CN¥- CN¥74.71 Million ▲ +1 days
2021 46 days CN¥6.35 Billion CN¥138.45 Million/day CN¥- CN¥110.89 Million ▲ +3 days
2020 43 days CN¥6.05 Billion CN¥139.85 Million/day CN¥- CN¥192.91 Million ▲ +3 days
2019 40 days CN¥5.79 Billion CN¥144.38 Million/day CN¥- CN¥- ▼ -5 days
2018 45 days CN¥7.61 Billion CN¥168.26 Million/day CN¥- CN¥- ▼ -22 days
2017 67 days CN¥10.48 Billion CN¥156.85 Million/day CN¥- CN¥94.00 Million ▼ -1 days
2016 68 days CN¥8.69 Billion CN¥127.97 Million/day CN¥- CN¥- ▼ -60 days
2015 128 days CN¥17.00 Billion CN¥133.24 Million/day CN¥- CN¥- ▲ +33 days
2014 95 days CN¥7.30 Billion CN¥76.97 Million/day CN¥- CN¥- ▼ -75 days
2013 170 days CN¥8.97 Billion CN¥52.91 Million/day CN¥- CN¥- ▲ +70 days
2012 100 days CN¥5.46 Billion CN¥54.76 Million/day CN¥- CN¥- ▼ -35 days
2011 135 days CN¥7.35 Billion CN¥54.57 Million/day CN¥- CN¥- ▼ -28 days
2010 163 days CN¥5.65 Billion CN¥34.69 Million/day CN¥- CN¥- ▼ -64 days
2009 227 days CN¥4.39 Billion CN¥19.36 Million/day CN¥- CN¥14.90 Million ▲ +95 days
2008 132 days CN¥2.97 Billion CN¥22.45 Million/day CN¥- CN¥- ▲ +132 days
2007 0 days CN¥5.96 Million CN¥20.18 Million/day CN¥- CN¥5.96 Million ▼ -114 days
2005 114 days CN¥2.18 Billion CN¥19.13 Million/day CN¥- CN¥- ▼ -38 days
2003 152 days CN¥1.77 Billion CN¥11.62 Million/day CN¥- CN¥- ▼ -27 days
2002 179 days CN¥1.47 Billion CN¥8.21 Million/day CN¥- CN¥- ▲ +97 days
2001 82 days CN¥418.97 Million CN¥5.12 Million/day CN¥- CN¥418.97 Million ▲ +70 days
2000 12 days CN¥48.25 Million CN¥4.01 Million/day CN¥- CN¥- ▲ +6 days
1999 6 days CN¥21.97 Million CN¥3.39 Million/day CN¥- CN¥- ▼ -1 days
1998 8 days CN¥18.98 Million CN¥2.47 Million/day CN¥- CN¥- ▼ -22 days
1997 29 days CN¥33.17 Million CN¥1.13 Million/day CN¥- CN¥- ▲ +24 days
1996 5 days CN¥4.47 Million CN¥889.27K/day CN¥- CN¥- ▲ +4 days
1995 1 days CN¥402.71K CN¥442.65K/day CN¥- CN¥- ▼ -155 days
1994 156 days CN¥23.80 Million CN¥152.98K/day CN¥- CN¥- —
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)