Zibo Qixiang Tengda Chemical Co Ltd (002408) — Defensive Interval Ratio

Latest as of June 2026: 50 days

Zibo Qixiang Tengda Chemical Co Ltd (002408) has a Defensive Interval Ratio of 50 days as of June 2026. Defensive assets of CN¥1.30 Billion (cash CN¥-, short-term investments CN¥16.15 Million, receivables CN¥1.28 Billion) cover 50 days of daily cash needs of CN¥25.96 Million/day.

Defensive Interval Ratio

50 days
Days of operational coverage

Defensive Assets

CN¥1.30 Billion
Cash + ST Investments + Receivables

Daily Cash Need

CN¥25.96 Million
Current Liabilities ÷ 365

Current Liabilities

CN¥9.47 Billion
CNY

Zibo Qixiang Tengda Chemical Co Ltd Defensive Interval Ratio (2006–2025)

This chart shows how Zibo Qixiang Tengda Chemical Co Ltd's Defensive Interval Ratio has evolved across 20 annual periods from 2006 to 2025. As of June 2026, the ratio stands at 50 days, meaning defensive assets of CN¥1.30 Billion can fund 50 days of operations without new revenue. For the complete balance sheet picture, see 002408 current and non-current assets.

Annual Defensive Interval Ratio for Zibo Qixiang Tengda Chemical Co Ltd (2006–2025)

The table below presents the year-by-year Defensive Interval Ratio for Zibo Qixiang Tengda Chemical Co Ltd from 2006 to 2025, covering 20 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 working capital position of Zibo Qixiang Tengda Chemical Co Ltd 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 45 days CN¥1.33 Billion CN¥29.77 Million/day CN¥- CN¥36.95 Million ▼ -36 days
2024 81 days CN¥2.28 Billion CN¥28.29 Million/day CN¥- CN¥3.70 Million ▲ +12 days
2023 69 days CN¥2.07 Billion CN¥30.03 Million/day CN¥- CN¥1.80 Million ▼ -86 days
2022 155 days CN¥4.63 Billion CN¥29.87 Million/day CN¥- CN¥2.03 Million ▼ -11 days
2021 166 days CN¥4.28 Billion CN¥25.82 Million/day CN¥- CN¥2.83 Million ▲ +92 days
2020 73 days CN¥1.54 Billion CN¥20.94 Million/day CN¥- CN¥1.11 Billion ▼ -93 days
2019 167 days CN¥2.37 Billion CN¥14.25 Million/day CN¥- CN¥146.48 Million ▼ -90 days
2018 256 days CN¥2.74 Billion CN¥10.68 Million/day CN¥- CN¥1.83 Million ▲ +51 days
2017 206 days CN¥1.58 Billion CN¥7.66 Million/day CN¥- CN¥21.34 Million ▲ +66 days
2016 139 days CN¥928.01 Million CN¥6.66 Million/day CN¥- CN¥4.27 Million ▲ +12 days
2015 127 days CN¥777.13 Million CN¥6.11 Million/day CN¥- CN¥104.84 Million ▼ -92 days
2014 219 days CN¥932.73 Million CN¥4.27 Million/day CN¥- CN¥250.00 Million ▲ +98 days
2013 121 days CN¥598.09 Million CN¥4.94 Million/day CN¥- CN¥- ▼ -130 days
2012 251 days CN¥856.32 Million CN¥3.42 Million/day CN¥- CN¥100.00 Million ▼ -495 days
2011 746 days CN¥272.42 Million CN¥365.29K/day CN¥- CN¥- ▲ +275 days
2010 471 days CN¥183.04 Million CN¥388.60K/day CN¥- CN¥- ▲ +417 days
2009 54 days CN¥52.05 Million CN¥959.67K/day CN¥- CN¥- ▼ -11 days
2008 65 days CN¥81.89 Million CN¥1.25 Million/day CN¥- CN¥- ▼ -298 days
2007 364 days CN¥156.25 Million CN¥429.74K/day CN¥- CN¥- ▲ +50 days
2006 314 days CN¥84.61 Million CN¥269.66K/day CN¥- CN¥- —
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)