Angang Steel Co Ltd Class A (000898) — Defensive Interval Ratio

Latest as of September 2025: 45 days

Angang Steel Co Ltd Class A (000898) has a Defensive Interval Ratio of 45 days as of September 2025. Defensive assets of CN¥5.50 Billion (cash CN¥-, short-term investments CN¥24.00 Million, receivables CN¥5.48 Billion) cover 45 days of daily cash needs of CN¥123.62 Million/day. See 000898 net working capital ratio to evaluate short-term liquidity relative to the company's equity base.

Defensive Interval Ratio

45 days
Days of operational coverage

Defensive Assets

CN¥5.50 Billion
Cash + ST Investments + Receivables

Daily Cash Need

CN¥123.62 Million
Current Liabilities ÷ 365

Current Liabilities

CN¥45.12 Billion
CNY

Angang Steel Co Ltd Class A Defensive Interval Ratio (2000–2024)

This chart shows how Angang Steel Co Ltd Class A's Defensive Interval Ratio has evolved across 22 annual periods from 2000 to 2024. As of September 2025, the ratio stands at 45 days, meaning defensive assets of CN¥5.50 Billion can fund 45 days of operations without new revenue. See 000898 equity to assets ratio to measure how much of total assets are equity-financed.

Annual Defensive Interval Ratio for Angang Steel Co Ltd Class A (2000–2024)

The table below presents the year-by-year Defensive Interval Ratio for Angang Steel Co Ltd Class A from 2000 to 2024, covering 22 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 000898 stock market capitalisation.

Year DIR (days) Defensive Assets (CNY) Daily Cash Need Cash ST Investments Change (days)
2024 37 days CN¥4.01 Billion CN¥108.05 Million/day CN¥- CN¥15.00 Million ▲ +19 days
2023 19 days CN¥1.79 Billion CN¥96.41 Million/day CN¥- CN¥- ▼ -32 days
2022 51 days CN¥5.06 Billion CN¥99.05 Million/day CN¥- CN¥- ▼ -6 days
2021 57 days CN¥4.80 Billion CN¥83.70 Million/day CN¥- CN¥- ▲ +5 days
2020 52 days CN¥3.95 Billion CN¥75.90 Million/day CN¥- CN¥- ▼ -18 days
2019 70 days CN¥5.62 Billion CN¥80.39 Million/day CN¥- CN¥- ▼ -38 days
2018 108 days CN¥9.69 Billion CN¥89.72 Million/day CN¥- CN¥- ▼ -44 days
2017 152 days CN¥13.81 Billion CN¥90.68 Million/day CN¥- CN¥7.00 Million ▲ +44 days
2016 109 days CN¥10.96 Billion CN¥100.79 Million/day CN¥- CN¥- ▲ +27 days
2015 81 days CN¥9.58 Billion CN¥117.82 Million/day CN¥- CN¥4.00 Million ▼ -23 days
2014 104 days CN¥10.48 Billion CN¥100.69 Million/day CN¥- CN¥- ▼ -25 days
2013 129 days CN¥13.38 Billion CN¥103.58 Million/day CN¥- CN¥- ▲ +23 days
2012 106 days CN¥12.81 Billion CN¥120.42 Million/day CN¥- CN¥- ▲ +8 days
2011 98 days CN¥9.90 Billion CN¥100.88 Million/day CN¥- CN¥- ▲ +21 days
2010 77 days CN¥7.67 Billion CN¥99.73 Million/day CN¥- CN¥- ▲ +12 days
2006 65 days CN¥3.07 Billion CN¥47.08 Million/day CN¥- CN¥- ▲ +65 days
2005 0 days CN¥-1.57 Million CN¥6.46 Million/day CN¥- CN¥- ▼ -145 days
2004 145 days CN¥1.57 Billion CN¥10.86 Million/day CN¥- CN¥- ▼ -102 days
2003 247 days CN¥2.81 Billion CN¥11.41 Million/day CN¥- CN¥- ▲ +45 days
2002 202 days CN¥1.91 Billion CN¥9.43 Million/day CN¥- CN¥- ▼ -262 days
2001 464 days CN¥3.33 Billion CN¥7.17 Million/day CN¥- CN¥- ▲ +207 days
2000 257 days CN¥1.60 Billion CN¥6.23 Million/day CN¥- CN¥- —
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)