Sansteel MinGuang Co Ltd Fujian (002110) — Defensive Interval Ratio

Latest as of March 2026: 10 days

Sansteel MinGuang Co Ltd Fujian (002110) has a Defensive Interval Ratio of 10 days as of March 2026. Defensive assets of CN¥759.96 Million (cash CN¥-, short-term investments CN¥530.66 Million, receivables CN¥229.30 Million) cover 10 days of daily cash needs of CN¥77.09 Million/day. See how liquid is Sansteel MinGuang Co Ltd Fujian's working capital to evaluate short-term liquidity relative to the company's equity base.

Defensive Interval Ratio

10 days
Days of operational coverage

Defensive Assets

CN¥759.96 Million
Cash + ST Investments + Receivables

Daily Cash Need

CN¥77.09 Million
Current Liabilities ÷ 365

Current Liabilities

CN¥28.14 Billion
CNY

Sansteel MinGuang Co Ltd Fujian Defensive Interval Ratio (2003–2025)

This chart shows how Sansteel MinGuang Co Ltd Fujian's Defensive Interval Ratio has evolved across 23 annual periods from 2003 to 2025. As of March 2026, the ratio stands at 10 days, meaning defensive assets of CN¥759.96 Million can fund 10 days of operations without new revenue. See net asset quality index of Sansteel MinGuang Co Ltd Fujian to measure how much of total assets are equity-financed.

Annual Defensive Interval Ratio for Sansteel MinGuang Co Ltd Fujian (2003–2025)

The table below presents the year-by-year Defensive Interval Ratio for Sansteel MinGuang Co Ltd Fujian 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. For live market cap and the full company financial profile, see Sansteel MinGuang Co Ltd Fujian stock valuation.

Year DIR (days) Defensive Assets (CNY) Daily Cash Need Cash ST Investments Change (days)
2025 4 days CN¥282.34 Million CN¥70.62 Million/day CN¥- CN¥- ▼ -28 days
2024 32 days CN¥2.55 Billion CN¥80.52 Million/day CN¥- CN¥404.04 Million ▼ -36 days
2023 68 days CN¥4.45 Billion CN¥65.90 Million/day CN¥- CN¥1.08 Billion ▼ -29 days
2022 96 days CN¥6.03 Billion CN¥62.54 Million/day CN¥- CN¥1.39 Billion ▼ -29 days
2021 125 days CN¥7.09 Billion CN¥56.78 Million/day CN¥- CN¥1.51 Billion ▲ +43 days
2020 82 days CN¥4.77 Billion CN¥58.49 Million/day CN¥- CN¥302.09 Million ▼ -121 days
2019 203 days CN¥5.61 Billion CN¥27.71 Million/day CN¥- CN¥200.00 Million ▲ +59 days
2018 144 days CN¥3.65 Billion CN¥25.38 Million/day CN¥- CN¥-47.30 Million ▼ -97 days
2017 240 days CN¥2.75 Billion CN¥11.45 Million/day CN¥- CN¥-17.64 Million ▲ +222 days
2016 18 days CN¥225.71 Million CN¥12.31 Million/day CN¥- CN¥-22.41 Million ▲ +6 days
2015 13 days CN¥144.72 Million CN¥11.49 Million/day CN¥- CN¥-5.83 Million ▼ -24 days
2014 37 days CN¥422.04 Million CN¥11.52 Million/day CN¥- CN¥-8.34 Million ▲ +1 days
2013 35 days CN¥447.45 Million CN¥12.68 Million/day CN¥- CN¥- ▼ -33 days
2012 69 days CN¥885.14 Million CN¥12.91 Million/day CN¥- CN¥- ▲ +8 days
2011 60 days CN¥819.20 Million CN¥13.58 Million/day CN¥- CN¥- ▲ +41 days
2010 20 days CN¥262.88 Million CN¥13.27 Million/day CN¥- CN¥- ▼ -31 days
2009 51 days CN¥670.33 Million CN¥13.11 Million/day CN¥- CN¥- ▲ +17 days
2008 34 days CN¥399.71 Million CN¥11.77 Million/day CN¥- CN¥- ▼ -14 days
2007 48 days CN¥415.69 Million CN¥8.71 Million/day CN¥- CN¥- ▲ +12 days
2006 35 days CN¥229.69 Million CN¥6.50 Million/day CN¥- CN¥- ▲ +18 days
2005 18 days CN¥96.69 Million CN¥5.44 Million/day CN¥- CN¥- ▲ +9 days
2004 8 days CN¥47.01 Million CN¥5.66 Million/day CN¥- CN¥- ▼ -229 days
2003 237 days CN¥652.25 Million CN¥2.75 Million/day CN¥- CN¥- —
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)