Tonghua Golden-Horse Pharmaceutical Industry Co Ltd (000766) — Defensive Interval Ratio

Latest as of March 2026: 256 days

Tonghua Golden-Horse Pharmaceutical Industry Co Ltd (000766) has a Defensive Interval Ratio of 256 days as of March 2026. Defensive assets of CN¥543.81 Million (cash CN¥-, short-term investments CN¥103.30K, receivables CN¥543.71 Million) cover 256 days of daily cash needs of CN¥2.12 Million/day. Check 000766 tangible net worth ratio to evaluate the tangible quality of the company's equity base.

Defensive Interval Ratio

256 days
Days of operational coverage

Defensive Assets

CN¥543.81 Million
Cash + ST Investments + Receivables

Daily Cash Need

CN¥2.12 Million
Current Liabilities ÷ 365

Current Liabilities

CN¥774.91 Million
CNY

Tonghua Golden-Horse Pharmaceutical Industry Co Ltd Defensive Interval Ratio (1994–2025)

This chart shows how Tonghua Golden-Horse Pharmaceutical Industry Co Ltd's Defensive Interval Ratio has evolved across 32 annual periods from 1994 to 2025. As of March 2026, the ratio stands at 256 days, meaning defensive assets of CN¥543.81 Million can fund 256 days of operations without new revenue. Also explore Tonghua Golden-Horse Pharmaceutical Indu equity growth rate to track the company's year-over-year net asset growth rate.

Annual Defensive Interval Ratio for Tonghua Golden-Horse Pharmaceutical Industry Co Ltd (1994–2025)

The table below presents the year-by-year Defensive Interval Ratio for Tonghua Golden-Horse Pharmaceutical Industry Co Ltd from 1994 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 market value of Tonghua Golden-Horse Pharmaceutical Indu.

Year DIR (days) Defensive Assets (CNY) Daily Cash Need Cash ST Investments Change (days)
2025 344 days CN¥483.62 Million CN¥1.41 Million/day CN¥- CN¥1.07 Million ▲ +252 days
2024 92 days CN¥542.69 Million CN¥5.91 Million/day CN¥- CN¥1.09 Million ▼ -263 days
2023 355 days CN¥556.17 Million CN¥1.57 Million/day CN¥- CN¥1.05 Million ▲ +80 days
2022 275 days CN¥506.30 Million CN¥1.84 Million/day CN¥- CN¥128.39K ▲ +195 days
2021 80 days CN¥444.30 Million CN¥5.55 Million/day CN¥- CN¥180.33K ▼ -20 days
2020 100 days CN¥210.17 Million CN¥2.09 Million/day CN¥- CN¥92.63 Million ▼ -284 days
2019 385 days CN¥953.46 Million CN¥2.48 Million/day CN¥- CN¥6.80 Million ▼ -9 days
2018 394 days CN¥830.79 Million CN¥2.11 Million/day CN¥- CN¥17.80 Million ▲ +18 days
2017 376 days CN¥907.42 Million CN¥2.41 Million/day CN¥- CN¥262.80 Million ▼ -42 days
2016 418 days CN¥680.60 Million CN¥1.63 Million/day CN¥- CN¥261.50 Million ▲ +362 days
2015 56 days CN¥257.60 Million CN¥4.59 Million/day CN¥- CN¥15.90 Million ▼ -48 days
2014 104 days CN¥113.19 Million CN¥1.09 Million/day CN¥- CN¥0.00 ▼ -18 days
2013 123 days CN¥156.25 Million CN¥1.27 Million/day CN¥- CN¥- ▼ -135 days
2012 257 days CN¥185.08 Million CN¥719.37K/day CN¥- CN¥- ▼ -8 days
2011 266 days CN¥189.23 Million CN¥712.26K/day CN¥- CN¥- ▲ +12 days
2010 254 days CN¥204.67 Million CN¥805.46K/day CN¥- CN¥- ▲ +12 days
2009 242 days CN¥180.58 Million CN¥746.96K/day CN¥- CN¥- ▼ -25 days
2008 267 days CN¥178.75 Million CN¥670.67K/day CN¥- CN¥- ▲ +23 days
2007 244 days CN¥173.50 Million CN¥711.54K/day CN¥- CN¥- ▲ +39 days
2006 205 days CN¥150.92 Million CN¥737.62K/day CN¥- CN¥- ▼ -611 days
2005 816 days CN¥414.27 Million CN¥507.70K/day CN¥- CN¥- ▲ +650 days
2004 166 days CN¥478.36 Million CN¥2.89 Million/day CN¥- CN¥- ▼ -57 days
2003 222 days CN¥660.83 Million CN¥2.97 Million/day CN¥- CN¥80.00K ▼ -38 days
2002 260 days CN¥740.89 Million CN¥2.85 Million/day CN¥- CN¥200.00K ▼ -130 days
2001 390 days CN¥1.06 Billion CN¥2.72 Million/day CN¥- CN¥- ▲ +168 days
2000 222 days CN¥716.91 Million CN¥3.23 Million/day CN¥- CN¥- ▼ -603 days
1999 825 days CN¥647.04 Million CN¥784.06K/day CN¥- CN¥- ▲ +23 days
1998 802 days CN¥514.42 Million CN¥641.18K/day CN¥- CN¥- ▲ +802 days
1997 1 days CN¥349.63K CN¥466.34K/day CN¥- CN¥- ▼ -397 days
1996 397 days CN¥169.89 Million CN¥427.61K/day CN¥- CN¥- ▲ +32 days
1995 365 days CN¥100.00 Million CN¥274.04K/day CN¥- CN¥- ▲ +70 days
1994 295 days CN¥40.74 Million CN¥138.27K/day CN¥- CN¥- —
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)