Tongxing Environmental Protection (003027) — Defensive Interval Ratio

Latest as of March 2026: 498 days

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. See Tongxing Environmental Protection short-term liquidity ratio to evaluate short-term liquidity relative to the company's equity base.

Defensive Interval Ratio

498 days
Days of operational coverage

Defensive Assets

CN¥772.77 Million
Cash + ST Investments + Receivables

Daily Cash Need

CN¥1.55 Million
Current Liabilities ÷ 365

Current Liabilities

CN¥566.45 Million
CNY

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. See 003027 net asset quality index to measure how much of total assets are equity-financed.

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 003027 stock market capitalisation.

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¥- —
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)