Tongxing Environmental Protection (003027) — Defensive Interval Ratio
Tongxing Environmental Protection (003027) has a Defensive Interval Ratio of 498 days as of March 2026. Defensive assets of CN¥772.77 Million (cash CN¥-, short-term investments CN¥380.32 Million, receivables CN¥392.46 Million) cover 498 days of daily cash needs of CN¥1.55 Million/day. Check how tangible is Tongxing Environmental Protection's equity to evaluate the tangible quality of the company's equity base.
Defensive Interval Ratio
Defensive Assets
Daily Cash Need
Current Liabilities
Tongxing Environmental Protection Defensive Interval Ratio (2016–2025)
This chart shows how Tongxing Environmental Protection's Defensive Interval Ratio has evolved across 10 annual periods from 2016 to 2025. As of March 2026, the ratio stands at 498 days, meaning defensive assets of CN¥772.77 Million can fund 498 days of operations without new revenue. Also explore how fast is Tongxing Environmental Protection growing its equity to track the company's year-over-year net asset growth rate.
Annual Defensive Interval Ratio for Tongxing Environmental Protection (2016–2025)
The table below presents the year-by-year Defensive Interval Ratio for Tongxing Environmental Protection 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. For live market cap and the full company financial profile, see Tongxing Environmental Protection market cap and net worth.
| Year | DIR (days) | Defensive Assets (CNY) | Daily Cash Need | Cash | ST Investments | Change (days) |
|---|---|---|---|---|---|---|
| 2025 | 467 days | CN¥804.00 Million | CN¥1.72 Million/day | CN¥- | CN¥318.19 Million | ▼ -118 days |
| 2024 | 585 days | CN¥1.00 Billion | CN¥1.72 Million/day | CN¥- | CN¥- | ▲ +132 days |
| 2023 | 453 days | CN¥1.16 Billion | CN¥2.57 Million/day | CN¥- | CN¥56.16 Million | ▼ -64 days |
| 2022 | 516 days | CN¥1.26 Billion | CN¥2.44 Million/day | CN¥- | CN¥62.62 Million | ▼ -223 days |
| 2021 | 739 days | CN¥1.13 Billion | CN¥1.53 Million/day | CN¥- | CN¥235.91 Million | ▲ +191 days |
| 2020 | 548 days | CN¥708.80 Million | CN¥1.29 Million/day | CN¥- | CN¥- | ▲ +98 days |
| 2019 | 450 days | CN¥563.01 Million | CN¥1.25 Million/day | CN¥- | CN¥- | ▲ +80 days |
| 2018 | 370 days | CN¥348.03 Million | CN¥939.59K/day | CN¥- | CN¥- | ▼ -51 days |
| 2017 | 421 days | CN¥219.57 Million | CN¥521.56K/day | CN¥- | CN¥- | ▲ +75 days |
| 2016 | 346 days | CN¥117.74 Million | CN¥340.60K/day | CN¥- | CN¥- | — |