Shenzhen Topraysolar Co Ltd (002218) — Defensive Interval Ratio

Latest as of September 2025: 1044 days

Shenzhen Topraysolar Co Ltd (002218) has a Defensive Interval Ratio of 1044 days as of September 2025. Defensive assets of CN¥1.65 Billion (cash CN¥-, short-term investments CN¥320.17 Million, receivables CN¥1.33 Billion) cover 1044 days of daily cash needs of CN¥1.58 Million/day. See Shenzhen Topraysolar Co Ltd short-term liquidity ratio to evaluate short-term liquidity relative to the company's equity base.

Defensive Interval Ratio

1044 days
Days of operational coverage

Defensive Assets

CN¥1.65 Billion
Cash + ST Investments + Receivables

Daily Cash Need

CN¥1.58 Million
Current Liabilities ÷ 365

Current Liabilities

CN¥576.92 Million
CNY

Shenzhen Topraysolar Co Ltd Defensive Interval Ratio (2004–2024)

This chart shows how Shenzhen Topraysolar Co Ltd's Defensive Interval Ratio has evolved across 21 annual periods from 2004 to 2024. As of September 2025, the ratio stands at 1044 days, meaning defensive assets of CN¥1.65 Billion can fund 1044 days of operations without new revenue. See debt-free asset ratio of Shenzhen Topraysolar Co Ltd to measure how much of total assets are equity-financed.

Annual Defensive Interval Ratio for Shenzhen Topraysolar Co Ltd (2004–2024)

The table below presents the year-by-year Defensive Interval Ratio for Shenzhen Topraysolar Co Ltd from 2004 to 2024, covering 21 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 Shenzhen Topraysolar Co Ltd stock valuation.

Year DIR (days) Defensive Assets (CNY) Daily Cash Need Cash ST Investments Change (days)
2024 790 days CN¥1.56 Billion CN¥1.97 Million/day CN¥- CN¥150.34 Million ▲ +233 days
2023 557 days CN¥1.45 Billion CN¥2.60 Million/day CN¥- CN¥197.87 Million ▲ +258 days
2022 299 days CN¥1.18 Billion CN¥3.94 Million/day CN¥- CN¥102.54 Million ▼ -26 days
2021 325 days CN¥1.44 Billion CN¥4.43 Million/day CN¥- CN¥251.21 Million ▲ +85 days
2020 240 days CN¥1.51 Billion CN¥6.27 Million/day CN¥- CN¥- ▲ +79 days
2019 161 days CN¥1.04 Billion CN¥6.47 Million/day CN¥- CN¥- ▲ +17 days
2018 143 days CN¥984.66 Million CN¥6.87 Million/day CN¥- CN¥- ▲ +21 days
2017 122 days CN¥728.54 Million CN¥5.95 Million/day CN¥- CN¥- ▼ -170 days
2016 292 days CN¥782.40 Million CN¥2.68 Million/day CN¥- CN¥- ▲ +145 days
2015 147 days CN¥451.60 Million CN¥3.08 Million/day CN¥- CN¥- ▲ +100 days
2014 47 days CN¥169.07 Million CN¥3.62 Million/day CN¥- CN¥- ▼ -111 days
2013 158 days CN¥408.55 Million CN¥2.59 Million/day CN¥- CN¥- ▲ +76 days
2012 81 days CN¥154.11 Million CN¥1.90 Million/day CN¥- CN¥- ▲ +28 days
2011 54 days CN¥62.23 Million CN¥1.16 Million/day CN¥- CN¥- ▼ -3 days
2010 57 days CN¥66.14 Million CN¥1.16 Million/day CN¥- CN¥- ▲ +57 days
2009 0 days CN¥392.00 CN¥456.92K/day CN¥- CN¥- ▼ 0 days
2008 0 days CN¥411.00 CN¥214.11K/day CN¥- CN¥- ▼ -152 days
2007 152 days CN¥11.26 Million CN¥73.96K/day CN¥- CN¥- ▼ -189 days
2006 341 days CN¥33.04 Million CN¥96.94K/day CN¥- CN¥- ▲ +151 days
2005 190 days CN¥17.47 Million CN¥92.07K/day CN¥- CN¥- ▼ -19 days
2004 208 days CN¥8.73 Million CN¥41.88K/day CN¥- CN¥- —
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)