Elite Color Environmental Resources (002998) — Defensive Interval Ratio
Elite Color Environmental Resources (002998) has a Defensive Interval Ratio of 514 days as of June 2026. Defensive assets of CN¥355.71 Million (cash CN¥-, short-term investments CN¥82.77 Million, receivables CN¥272.94 Million) cover 514 days of daily cash needs of CN¥692.33K/day.
Defensive Interval Ratio
Defensive Assets
Daily Cash Need
Current Liabilities
Elite Color Environmental Resources Defensive Interval Ratio (2016–2025)
This chart shows how Elite Color Environmental Resources 's Defensive Interval Ratio has evolved across 10 annual periods from 2016 to 2025. As of June 2026, the ratio stands at 514 days, meaning defensive assets of CN¥355.71 Million can fund 514 days of operations without new revenue. For the complete balance sheet picture, see how large is Elite Color Environmental Resources 's balance sheet.
Annual Defensive Interval Ratio for Elite Color Environmental Resources (2016–2025)
The table below presents the year-by-year Defensive Interval Ratio for Elite Color Environmental Resources from 2016 to 2025, covering 10 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 002998 working capital efficiency 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 | 692 days | CN¥456.01 Million | CN¥659.27K/day | CN¥- | CN¥277.20 Million | ▲ +444 days |
| 2024 | 248 days | CN¥212.35 Million | CN¥857.90K/day | CN¥- | CN¥7.19 Million | ▼ -292 days |
| 2023 | 539 days | CN¥318.67 Million | CN¥591.17K/day | CN¥- | CN¥150.00 Million | ▲ +400 days |
| 2022 | 139 days | CN¥165.21 Million | CN¥1.19 Million/day | CN¥- | CN¥- | ▲ +48 days |
| 2021 | 90 days | CN¥90.65 Million | CN¥1.00 Million/day | CN¥- | CN¥- | ▼ -417 days |
| 2020 | 507 days | CN¥319.02 Million | CN¥629.11K/day | CN¥- | CN¥188.90 Million | ▲ +410 days |
| 2019 | 97 days | CN¥128.06 Million | CN¥1.32 Million/day | CN¥- | CN¥- | ▼ -21 days |
| 2018 | 118 days | CN¥123.74 Million | CN¥1.05 Million/day | CN¥- | CN¥- | ▼ -128 days |
| 2017 | 246 days | CN¥162.41 Million | CN¥661.35K/day | CN¥- | CN¥- | ▼ -120 days |
| 2016 | 365 days | CN¥180.09 Million | CN¥493.06K/day | CN¥- | CN¥- | — |