Sinosteel Engineering and Technology Co Ltd (000928) — Defensive Interval Ratio

Latest as of September 2025: 123 days

Sinosteel Engineering and Technology Co Ltd (000928) has a Defensive Interval Ratio of 123 days as of September 2025. Defensive assets of CN¥5.60 Billion (cash CN¥-, short-term investments CN¥11.84 Million, receivables CN¥5.58 Billion) cover 123 days of daily cash needs of CN¥45.33 Million/day. Check Sinosteel Engineering and Technology Co tangible book value ratio to evaluate the tangible quality of the company's equity base.

Defensive Interval Ratio

123 days
Days of operational coverage

Defensive Assets

CN¥5.60 Billion
Cash + ST Investments + Receivables

Daily Cash Need

CN¥45.33 Million
Current Liabilities ÷ 365

Current Liabilities

CN¥16.55 Billion
CNY

Sinosteel Engineering and Technology Co Ltd Defensive Interval Ratio (1995–2024)

This chart shows how Sinosteel Engineering and Technology Co Ltd's Defensive Interval Ratio has evolved across 30 annual periods from 1995 to 2024. As of September 2025, the ratio stands at 123 days, meaning defensive assets of CN¥5.60 Billion can fund 123 days of operations without new revenue. Also explore 000928 year-over-year net asset growth to track the company's year-over-year net asset growth rate.

Annual Defensive Interval Ratio for Sinosteel Engineering and Technology Co Ltd (1995–2024)

The table below presents the year-by-year Defensive Interval Ratio for Sinosteel Engineering and Technology Co Ltd from 1995 to 2024, 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. For live market cap and the full company financial profile, see Sinosteel Engineering and Technology Co (000928) total market value.

Year DIR (days) Defensive Assets (CNY) Daily Cash Need Cash ST Investments Change (days)
2024 111 days CN¥5.57 Billion CN¥50.01 Million/day CN¥- CN¥11.52 Million ▼ -8 days
2023 119 days CN¥7.01 Billion CN¥58.75 Million/day CN¥- CN¥11.12 Million ▲ +21 days
2022 98 days CN¥4.87 Billion CN¥49.70 Million/day CN¥- CN¥12.64 Million ▼ -29 days
2021 127 days CN¥5.70 Billion CN¥45.00 Million/day CN¥- CN¥16.72 Million ▼ -71 days
2020 198 days CN¥7.40 Billion CN¥37.45 Million/day CN¥- CN¥373.57 Million ▼ -30 days
2019 227 days CN¥7.97 Billion CN¥35.06 Million/day CN¥- CN¥466.96 Million ▼ -35 days
2018 262 days CN¥7.73 Billion CN¥29.45 Million/day CN¥- CN¥827.50 Million ▼ -14 days
2017 277 days CN¥6.63 Billion CN¥23.98 Million/day CN¥- CN¥60.00 Million ▼ -41 days
2016 317 days CN¥8.10 Billion CN¥25.53 Million/day CN¥- CN¥57.00 Million ▲ +47 days
2015 270 days CN¥7.81 Billion CN¥28.93 Million/day CN¥- CN¥250.00 Million ▼ -2 days
2014 272 days CN¥6.17 Billion CN¥22.71 Million/day CN¥- CN¥- ▲ +189 days
2013 83 days CN¥391.35 Million CN¥4.73 Million/day CN¥- CN¥- ▲ +8 days
2012 75 days CN¥334.00 Million CN¥4.45 Million/day CN¥- CN¥- ▼ -15 days
2011 90 days CN¥372.48 Million CN¥4.16 Million/day CN¥- CN¥- ▼ -3 days
2010 92 days CN¥360.41 Million CN¥3.90 Million/day CN¥- CN¥- ▼ -9 days
2009 102 days CN¥395.29 Million CN¥3.89 Million/day CN¥- CN¥- ▲ +17 days
2008 85 days CN¥376.99 Million CN¥4.44 Million/day CN¥- CN¥- ▲ +38 days
2007 47 days CN¥191.66 Million CN¥4.11 Million/day CN¥- CN¥- ▼ -24 days
2006 71 days CN¥242.46 Million CN¥3.43 Million/day CN¥- CN¥- ▲ +23 days
2005 48 days CN¥254.96 Million CN¥5.29 Million/day CN¥- CN¥- ▼ -5 days
2004 54 days CN¥291.23 Million CN¥5.44 Million/day CN¥- CN¥- ▼ -182 days
2003 236 days CN¥1.27 Billion CN¥5.37 Million/day CN¥- CN¥- ▼ -31 days
2002 267 days CN¥1.11 Billion CN¥4.16 Million/day CN¥- CN¥158.30 Million ▼ -14 days
2001 282 days CN¥766.43 Million CN¥2.72 Million/day CN¥- CN¥18.00 Million ▲ +274 days
2000 7 days CN¥18.34 Million CN¥2.45 Million/day CN¥- CN¥- ▲ +3 days
1999 4 days CN¥8.28 Million CN¥1.86 Million/day CN¥- CN¥- ▼ -2 days
1998 6 days CN¥11.64 Million CN¥1.94 Million/day CN¥- CN¥- ▲ +0 days
1997 6 days CN¥11.68 Million CN¥1.98 Million/day CN¥- CN¥- ▼ -48 days
1996 54 days CN¥84.07 Million CN¥1.56 Million/day CN¥- CN¥- ▲ +37 days
1995 17 days CN¥25.11 Million CN¥1.46 Million/day CN¥- CN¥- —
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)