Pangang Group Vanadium Titanium & Resources Co Ltd (000629) — Defensive Interval Ratio

Latest as of March 2026: 40 days

Pangang Group Vanadium Titanium & Resources Co Ltd (000629) has a Defensive Interval Ratio of 40 days as of March 2026. Defensive assets of CN¥158.99 Million (cash CN¥-, short-term investments CN¥-, receivables CN¥158.99 Million) cover 40 days of daily cash needs of CN¥4.01 Million/day. See working capital to net assets of Pangang Group Vanadium Titanium & Resour to evaluate short-term liquidity relative to the company's equity base.

Defensive Interval Ratio

40 days
Days of operational coverage

Defensive Assets

CN¥158.99 Million
Cash + ST Investments + Receivables

Daily Cash Need

CN¥4.01 Million
Current Liabilities ÷ 365

Current Liabilities

CN¥1.46 Billion
CNY

Pangang Group Vanadium Titanium & Resources Co Ltd Defensive Interval Ratio (1993–2025)

This chart shows how Pangang Group Vanadium Titanium & Resources Co Ltd's Defensive Interval Ratio has evolved across 32 annual periods from 1993 to 2025. As of March 2026, the ratio stands at 40 days, meaning defensive assets of CN¥158.99 Million can fund 40 days of operations without new revenue. See Pangang Group Vanadium Titanium & Resour balance sheet quality to measure how much of total assets are equity-financed.

Annual Defensive Interval Ratio for Pangang Group Vanadium Titanium & Resources Co Ltd (1993–2025)

The table below presents the year-by-year Defensive Interval Ratio for Pangang Group Vanadium Titanium & Resources Co Ltd from 1993 to 2025, covering 32 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 how much is Pangang Group Vanadium Titanium & Resour worth.

Year DIR (days) Defensive Assets (CNY) Daily Cash Need Cash ST Investments Change (days)
2025 35 days CN¥133.37 Million CN¥3.86 Million/day CN¥- CN¥- ▼ -831 days
2024 865 days CN¥3.42 Billion CN¥3.95 Million/day CN¥- CN¥3.07 Billion ▲ +256 days
2023 609 days CN¥3.61 Billion CN¥5.92 Million/day CN¥- CN¥2.70 Billion ▲ +508 days
2022 101 days CN¥600.65 Million CN¥5.96 Million/day CN¥- CN¥- ▼ -3 days
2021 104 days CN¥496.98 Million CN¥4.80 Million/day CN¥- CN¥- ▼ -77 days
2020 181 days CN¥678.34 Million CN¥3.75 Million/day CN¥- CN¥- ▲ +64 days
2019 117 days CN¥856.41 Million CN¥7.33 Million/day CN¥- CN¥- ▼ -105 days
2018 222 days CN¥2.18 Billion CN¥9.82 Million/day CN¥- CN¥- ▲ +87 days
2017 135 days CN¥1.93 Billion CN¥14.34 Million/day CN¥- CN¥- ▲ +40 days
2016 95 days CN¥1.34 Billion CN¥14.10 Million/day CN¥- CN¥- ▲ +49 days
2015 46 days CN¥3.14 Billion CN¥68.60 Million/day CN¥- CN¥- ▲ +5 days
2014 41 days CN¥2.50 Billion CN¥61.46 Million/day CN¥- CN¥- ▼ -10 days
2013 51 days CN¥2.14 Billion CN¥42.29 Million/day CN¥- CN¥- ▲ +18 days
2012 33 days CN¥1.15 Billion CN¥35.28 Million/day CN¥- CN¥- ▲ +5 days
2011 27 days CN¥983.94 Million CN¥35.97 Million/day CN¥- CN¥- ▼ -20 days
2010 47 days CN¥4.45 Billion CN¥93.68 Million/day CN¥- CN¥- ▼ -17 days
2009 65 days CN¥5.46 Billion CN¥84.05 Million/day CN¥- CN¥56.12K ▲ +6 days
2008 59 days CN¥5.16 Billion CN¥87.77 Million/day CN¥- CN¥36.76K ▼ -83 days
2007 142 days CN¥2.47 Billion CN¥17.39 Million/day CN¥- CN¥- ▲ +49 days
2006 93 days CN¥1.61 Billion CN¥17.33 Million/day CN¥- CN¥- ▲ +5 days
2005 88 days CN¥903.62 Million CN¥10.28 Million/day CN¥- CN¥- ▼ -112 days
2004 200 days CN¥1.56 Billion CN¥7.79 Million/day CN¥- CN¥- ▲ +66 days
2003 134 days CN¥970.69 Million CN¥7.24 Million/day CN¥- CN¥- ▲ +48 days
2002 86 days CN¥512.16 Million CN¥5.95 Million/day CN¥- CN¥- ▼ -26 days
2001 112 days CN¥740.94 Million CN¥6.59 Million/day CN¥- CN¥- ▲ +9 days
2000 104 days CN¥668.45 Million CN¥6.45 Million/day CN¥- CN¥- ▼ -20 days
1998 124 days CN¥874.10 Million CN¥7.05 Million/day CN¥- CN¥- ▲ +120 days
1997 4 days CN¥22.15 Million CN¥5.33 Million/day CN¥- CN¥- ▼ -7 days
1996 11 days CN¥22.05 Million CN¥1.94 Million/day CN¥- CN¥- ▼ -11 days
1995 22 days CN¥44.35 Million CN¥2.02 Million/day CN¥- CN¥- ▲ +15 days
1994 7 days CN¥13.50 Million CN¥1.90 Million/day CN¥- CN¥- ▼ -197 days
1993 204 days CN¥108.17 Million CN¥530.57K/day CN¥- CN¥- —
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)