Changzhou Tiansheng New Materials Co Ltd (300169) — Defensive Interval Ratio

Latest as of March 2026: 91 days

Changzhou Tiansheng New Materials Co Ltd (300169) has a Defensive Interval Ratio of 91 days as of March 2026. Defensive assets of CN¥130.50 Million (cash CN¥-, short-term investments CN¥-, receivables CN¥130.50 Million) cover 91 days of daily cash needs of CN¥1.43 Million/day. Check how tangible is Changzhou Tiansheng New Materials Co Ltd's equity to evaluate the tangible quality of the company's equity base.

Defensive Interval Ratio

91 days
Days of operational coverage

Defensive Assets

CN¥130.50 Million
Cash + ST Investments + Receivables

Daily Cash Need

CN¥1.43 Million
Current Liabilities ÷ 365

Current Liabilities

CN¥523.41 Million
CNY

Changzhou Tiansheng New Materials Co Ltd Defensive Interval Ratio (2007–2025)

This chart shows how Changzhou Tiansheng New Materials Co Ltd's Defensive Interval Ratio has evolved across 19 annual periods from 2007 to 2025. As of March 2026, the ratio stands at 91 days, meaning defensive assets of CN¥130.50 Million can fund 91 days of operations without new revenue. Also explore Changzhou Tiansheng New Materials Co Ltd (300169) net asset momentum to track the company's year-over-year net asset growth rate.

Annual Defensive Interval Ratio for Changzhou Tiansheng New Materials Co Ltd (2007–2025)

The table below presents the year-by-year Defensive Interval Ratio for Changzhou Tiansheng New Materials Co Ltd from 2007 to 2025, covering 19 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 market cap of Changzhou Tiansheng New Materials Co Ltd.

Year DIR (days) Defensive Assets (CNY) Daily Cash Need Cash ST Investments Change (days)
2025 77 days CN¥125.78 Million CN¥1.64 Million/day CN¥- CN¥- ▼ -53 days
2024 130 days CN¥248.39 Million CN¥1.91 Million/day CN¥- CN¥27.16 Million ▼ -9 days
2023 139 days CN¥385.89 Million CN¥2.78 Million/day CN¥- CN¥19.90 Million ▼ -82 days
2022 221 days CN¥619.23 Million CN¥2.81 Million/day CN¥- CN¥- ▼ -32 days
2021 252 days CN¥724.11 Million CN¥2.87 Million/day CN¥- CN¥3.22 Million ▼ -21 days
2020 273 days CN¥812.03 Million CN¥2.97 Million/day CN¥- CN¥3.96K ▲ +59 days
2019 214 days CN¥480.85 Million CN¥2.25 Million/day CN¥- CN¥- ▼ -22 days
2018 237 days CN¥517.05 Million CN¥2.19 Million/day CN¥- CN¥- ▲ +12 days
2017 224 days CN¥490.49 Million CN¥2.19 Million/day CN¥- CN¥- ▼ -29 days
2016 253 days CN¥489.49 Million CN¥1.93 Million/day CN¥- CN¥9.50 Million ▲ +36 days
2015 217 days CN¥327.98 Million CN¥1.51 Million/day CN¥- CN¥32.50 Million ▼ -118 days
2014 335 days CN¥377.75 Million CN¥1.13 Million/day CN¥- CN¥- ▲ +53 days
2013 282 days CN¥365.16 Million CN¥1.30 Million/day CN¥- CN¥300.90K ▲ +12 days
2012 269 days CN¥286.09 Million CN¥1.06 Million/day CN¥- CN¥- ▲ +8 days
2011 262 days CN¥172.25 Million CN¥658.31K/day CN¥- CN¥- ▲ +83 days
2010 179 days CN¥102.74 Million CN¥573.86K/day CN¥- CN¥- ▼ -5 days
2009 184 days CN¥88.92 Million CN¥483.65K/day CN¥- CN¥- ▲ +34 days
2008 150 days CN¥46.37 Million CN¥309.00K/day CN¥- CN¥- ▼ -45 days
2007 195 days CN¥46.31 Million CN¥237.13K/day CN¥- CN¥- —
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)