Shan Dong Sun Paper Industry Joint Stock Co Ltd (002078) — Defensive Interval Ratio

Latest as of March 2026: 56 days

Shan Dong Sun Paper Industry Joint Stock Co Ltd (002078) has a Defensive Interval Ratio of 56 days as of March 2026. Defensive assets of CN¥2.87 Billion (cash CN¥-, short-term investments CN¥-, receivables CN¥2.87 Billion) cover 56 days of daily cash needs of CN¥51.45 Million/day.

Defensive Interval Ratio

56 days
Days of operational coverage

Defensive Assets

CN¥2.87 Billion
Cash + ST Investments + Receivables

Daily Cash Need

CN¥51.45 Million
Current Liabilities ÷ 365

Current Liabilities

CN¥18.78 Billion
CNY

Shan Dong Sun Paper Industry Joint Stock Co Ltd Defensive Interval Ratio (2003–2025)

This chart shows how Shan Dong Sun Paper Industry Joint Stock Co Ltd's Defensive Interval Ratio has evolved across 23 annual periods from 2003 to 2025. As of March 2026, the ratio stands at 56 days, meaning defensive assets of CN¥2.87 Billion can fund 56 days of operations without new revenue. For the complete balance sheet picture, see total assets of Shan Dong Sun Paper Industry Joint Stock.

Annual Defensive Interval Ratio for Shan Dong Sun Paper Industry Joint Stock Co Ltd (2003–2025)

The table below presents the year-by-year Defensive Interval Ratio for Shan Dong Sun Paper Industry Joint Stock Co Ltd from 2003 to 2025, covering 23 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 002078 net working capital ratio 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 41 days CN¥2.10 Billion CN¥51.06 Million/day CN¥- CN¥- ▼ -45 days
2024 86 days CN¥4.02 Billion CN¥46.54 Million/day CN¥- CN¥- ▼ -13 days
2023 99 days CN¥4.59 Billion CN¥46.24 Million/day CN¥- CN¥- ▲ +17 days
2022 82 days CN¥3.94 Billion CN¥47.80 Million/day CN¥- CN¥4.26 Million ▲ +20 days
2021 63 days CN¥3.07 Billion CN¥48.96 Million/day CN¥- CN¥- ▲ +19 days
2020 43 days CN¥1.72 Billion CN¥39.46 Million/day CN¥- CN¥1.80 Million ▼ -93 days
2019 136 days CN¥5.32 Billion CN¥39.03 Million/day CN¥- CN¥7.01 Million ▼ -4 days
2018 140 days CN¥5.36 Billion CN¥38.26 Million/day CN¥- CN¥750.00K ▼ -37 days
2017 177 days CN¥5.66 Billion CN¥31.91 Million/day CN¥- CN¥2.66 Million ▼ -3 days
2016 181 days CN¥4.21 Billion CN¥23.32 Million/day CN¥- CN¥34.30 Million ▲ +43 days
2015 137 days CN¥3.43 Billion CN¥25.04 Million/day CN¥- CN¥36.00 Million ▲ +52 days
2014 85 days CN¥1.80 Billion CN¥21.09 Million/day CN¥- CN¥- ▼ -14 days
2013 99 days CN¥2.00 Billion CN¥20.17 Million/day CN¥- CN¥- ▲ +8 days
2012 91 days CN¥2.02 Billion CN¥22.12 Million/day CN¥- CN¥- ▲ +4 days
2011 87 days CN¥1.91 Billion CN¥21.95 Million/day CN¥- CN¥- ▼ -31 days
2010 118 days CN¥1.86 Billion CN¥15.81 Million/day CN¥- CN¥310.51 Million ▲ +31 days
2009 86 days CN¥1.02 Billion CN¥11.75 Million/day CN¥- CN¥- ▲ +8 days
2008 78 days CN¥913.49 Million CN¥11.72 Million/day CN¥- CN¥- ▼ -31 days
2007 109 days CN¥1.10 Billion CN¥10.12 Million/day CN¥- CN¥- ▼ -10 days
2006 119 days CN¥1.18 Billion CN¥9.90 Million/day CN¥- CN¥- ▲ +27 days
2005 92 days CN¥864.48 Million CN¥9.43 Million/day CN¥- CN¥- ▲ +6 days
2004 86 days CN¥654.62 Million CN¥7.62 Million/day CN¥- CN¥- ▼ -36 days
2003 122 days CN¥624.69 Million CN¥5.11 Million/day CN¥- CN¥1.00 Million —
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)