Shanghai Kangda New Materials Co Ltd (002669) — Defensive Interval Ratio

Latest as of March 2026: 174 days

Shanghai Kangda New Materials Co Ltd (002669) has a Defensive Interval Ratio of 174 days as of March 2026. Defensive assets of CN¥2.65 Billion (cash CN¥-, short-term investments CN¥48.68 Million, receivables CN¥2.60 Billion) cover 174 days of daily cash needs of CN¥15.22 Million/day. See 002669 working capital ratio to evaluate short-term liquidity relative to the company's equity base.

Defensive Interval Ratio

174 days
Days of operational coverage

Defensive Assets

CN¥2.65 Billion
Cash + ST Investments + Receivables

Daily Cash Need

CN¥15.22 Million
Current Liabilities ÷ 365

Current Liabilities

CN¥5.55 Billion
CNY

Shanghai Kangda New Materials Co Ltd Defensive Interval Ratio (2008–2025)

This chart shows how Shanghai Kangda New Materials Co Ltd's Defensive Interval Ratio has evolved across 18 annual periods from 2008 to 2025. As of March 2026, the ratio stands at 174 days, meaning defensive assets of CN¥2.65 Billion can fund 174 days of operations without new revenue. See Shanghai Kangda New Materials Co Ltd balance sheet independence to measure how much of total assets are equity-financed.

Annual Defensive Interval Ratio for Shanghai Kangda New Materials Co Ltd (2008–2025)

The table below presents the year-by-year Defensive Interval Ratio for Shanghai Kangda New Materials Co Ltd from 2008 to 2025, covering 18 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 002669 market cap overview.

Year DIR (days) Defensive Assets (CNY) Daily Cash Need Cash ST Investments Change (days)
2025 204 days CN¥2.82 Billion CN¥13.86 Million/day CN¥- CN¥48.68 Million ▼ -83 days
2024 287 days CN¥2.51 Billion CN¥8.75 Million/day CN¥- CN¥- ▼ -15 days
2023 302 days CN¥2.32 Billion CN¥7.67 Million/day CN¥- CN¥121.89 Million ▼ -91 days
2022 393 days CN¥1.63 Billion CN¥4.15 Million/day CN¥- CN¥100.00 Million ▲ +4 days
2021 389 days CN¥1.40 Billion CN¥3.59 Million/day CN¥- CN¥- ▼ -174 days
2020 563 days CN¥1.49 Billion CN¥2.65 Million/day CN¥- CN¥120.00 Million ▼ -261 days
2019 824 days CN¥926.11 Million CN¥1.12 Million/day CN¥- CN¥90.00 Million ▼ -174 days
2018 998 days CN¥934.76 Million CN¥936.61K/day CN¥- CN¥130.00 Million ▼ -833 days
2017 1831 days CN¥639.50 Million CN¥349.33K/day CN¥- CN¥200.00 Million ▲ +961 days
2016 870 days CN¥436.75 Million CN¥502.23K/day CN¥- CN¥- ▲ +45 days
2015 824 days CN¥410.05 Million CN¥497.38K/day CN¥- CN¥- ▲ +203 days
2014 622 days CN¥258.06 Million CN¥415.20K/day CN¥- CN¥- ▼ -273 days
2013 895 days CN¥212.72 Million CN¥237.81K/day CN¥- CN¥- ▼ -360 days
2012 1254 days CN¥177.14 Million CN¥141.21K/day CN¥- CN¥- ▲ +539 days
2011 715 days CN¥131.97 Million CN¥184.46K/day CN¥- CN¥- ▲ +298 days
2010 418 days CN¥83.50 Million CN¥199.81K/day CN¥- CN¥- ▲ +136 days
2009 282 days CN¥50.43 Million CN¥179.02K/day CN¥- CN¥10.69K ▲ +3 days
2008 278 days CN¥31.76 Million CN¥114.12K/day CN¥- CN¥104.87K —
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)