Shandong Longquan Pipeline Engineering Co Ltd (002671) — Defensive Interval Ratio

Latest as of March 2026: 411 days

Shandong Longquan Pipeline Engineering Co Ltd (002671) has a Defensive Interval Ratio of 411 days as of March 2026. Defensive assets of CN¥842.64 Million (cash CN¥-, short-term investments CN¥61.20 Million, receivables CN¥781.44 Million) cover 411 days of daily cash needs of CN¥2.05 Million/day.

Defensive Interval Ratio

411 days
Days of operational coverage

Defensive Assets

CN¥842.64 Million
Cash + ST Investments + Receivables

Daily Cash Need

CN¥2.05 Million
Current Liabilities ÷ 365

Current Liabilities

CN¥748.60 Million
CNY

Shandong Longquan Pipeline Engineering Co Ltd Defensive Interval Ratio (2008–2025)

This chart shows how Shandong Longquan Pipeline Engineering Co Ltd's Defensive Interval Ratio has evolved across 18 annual periods from 2008 to 2025. As of March 2026, the ratio stands at 411 days, meaning defensive assets of CN¥842.64 Million can fund 411 days of operations without new revenue. For the complete balance sheet picture, see Shandong Longquan Pipeline Engineering C assets under control.

Annual Defensive Interval Ratio for Shandong Longquan Pipeline Engineering Co Ltd (2008–2025)

The table below presents the year-by-year Defensive Interval Ratio for Shandong Longquan Pipeline Engineering 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. See 002671 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 317 days CN¥800.05 Million CN¥2.53 Million/day CN¥- CN¥- ▲ +4 days
2024 313 days CN¥917.49 Million CN¥2.93 Million/day CN¥- CN¥6.01 Million ▼ -66 days
2023 379 days CN¥914.99 Million CN¥2.42 Million/day CN¥- CN¥- ▲ +65 days
2022 314 days CN¥877.16 Million CN¥2.79 Million/day CN¥- CN¥- ▼ -80 days
2021 393 days CN¥1.00 Billion CN¥2.55 Million/day CN¥- CN¥- ▲ +61 days
2020 332 days CN¥805.67 Million CN¥2.43 Million/day CN¥- CN¥- ▲ +35 days
2019 297 days CN¥890.23 Million CN¥2.99 Million/day CN¥- CN¥200.00K ▼ -23 days
2018 320 days CN¥1.12 Billion CN¥3.50 Million/day CN¥- CN¥200.00K ▲ +2 days
2017 319 days CN¥1.24 Billion CN¥3.91 Million/day CN¥- CN¥17.00 Million ▲ +10 days
2016 309 days CN¥1.12 Billion CN¥3.63 Million/day CN¥- CN¥- ▼ -34 days
2015 343 days CN¥779.30 Million CN¥2.28 Million/day CN¥- CN¥- ▼ -42 days
2014 384 days CN¥651.53 Million CN¥1.70 Million/day CN¥- CN¥- ▲ +230 days
2013 154 days CN¥278.93 Million CN¥1.81 Million/day CN¥- CN¥- ▼ -87 days
2012 242 days CN¥288.07 Million CN¥1.19 Million/day CN¥- CN¥- ▲ +87 days
2011 154 days CN¥127.79 Million CN¥828.15K/day CN¥- CN¥- ▼ -88 days
2010 242 days CN¥108.49 Million CN¥448.15K/day CN¥- CN¥- ▲ +71 days
2009 171 days CN¥82.97 Million CN¥485.91K/day CN¥- CN¥- ▲ +2 days
2008 169 days CN¥98.21 Million CN¥580.64K/day CN¥- CN¥- —
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)