Shenzhen Prince New Materials Co Ltd (002735) — Defensive Interval Ratio

Latest as of September 2025: 376 days

Shenzhen Prince New Materials Co Ltd (002735) has a Defensive Interval Ratio of 376 days as of September 2025. Defensive assets of CN¥1.27 Billion (cash CN¥-, short-term investments CN¥100.23 Million, receivables CN¥1.17 Billion) cover 376 days of daily cash needs of CN¥3.37 Million/day. See 002735 net working capital ratio to evaluate short-term liquidity relative to the company's equity base.

Defensive Interval Ratio

376 days
Days of operational coverage

Defensive Assets

CN¥1.27 Billion
Cash + ST Investments + Receivables

Daily Cash Need

CN¥3.37 Million
Current Liabilities ÷ 365

Current Liabilities

CN¥1.23 Billion
CNY

Shenzhen Prince New Materials Co Ltd Defensive Interval Ratio (2011–2024)

This chart shows how Shenzhen Prince New Materials Co Ltd's Defensive Interval Ratio has evolved across 14 annual periods from 2011 to 2024. As of September 2025, the ratio stands at 376 days, meaning defensive assets of CN¥1.27 Billion can fund 376 days of operations without new revenue. See Shenzhen Prince New Materials Co Ltd balance sheet quality to measure how much of total assets are equity-financed.

Annual Defensive Interval Ratio for Shenzhen Prince New Materials Co Ltd (2011–2024)

The table below presents the year-by-year Defensive Interval Ratio for Shenzhen Prince New Materials Co Ltd from 2011 to 2024, covering 14 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 Prince New Materials Co Ltd market cap and net worth.

Year DIR (days) Defensive Assets (CNY) Daily Cash Need Cash ST Investments Change (days)
2024 398 days CN¥1.37 Billion CN¥3.45 Million/day CN¥- CN¥281.85 Million ▲ +121 days
2023 277 days CN¥842.44 Million CN¥3.05 Million/day CN¥- CN¥8.79 Million ▼ -41 days
2022 317 days CN¥737.66 Million CN¥2.33 Million/day CN¥- CN¥5.89 Million ▼ -84 days
2021 401 days CN¥752.56 Million CN¥1.88 Million/day CN¥- CN¥- ▲ +15 days
2020 386 days CN¥713.54 Million CN¥1.85 Million/day CN¥- CN¥4.93 Million ▼ -90 days
2019 476 days CN¥568.31 Million CN¥1.19 Million/day CN¥- CN¥129.42K ▼ -29 days
2018 505 days CN¥450.17 Million CN¥890.91K/day CN¥- CN¥945.26K ▼ -122 days
2017 627 days CN¥418.26 Million CN¥667.13K/day CN¥- CN¥144.00 Million ▼ -348 days
2016 975 days CN¥285.61 Million CN¥292.83K/day CN¥- CN¥69.40 Million ▲ +181 days
2015 794 days CN¥185.67 Million CN¥233.72K/day CN¥- CN¥- ▲ +227 days
2014 568 days CN¥200.24 Million CN¥352.78K/day CN¥- CN¥- ▲ +74 days
2013 493 days CN¥188.67 Million CN¥382.49K/day CN¥- CN¥70.66K ▲ +116 days
2012 377 days CN¥212.00 Million CN¥562.06K/day CN¥- CN¥- ▼ -23 days
2011 400 days CN¥163.27 Million CN¥407.98K/day CN¥- CN¥- —
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)