Jiangsu Changhai Compos Material (300196) — Defensive Interval Ratio

Latest as of March 2026: 137 days

Jiangsu Changhai Compos Material (300196) has a Defensive Interval Ratio of 137 days as of March 2026. Defensive assets of CN¥851.44 Million (cash CN¥-, short-term investments CN¥47.46 Million, receivables CN¥803.98 Million) cover 137 days of daily cash needs of CN¥6.22 Million/day. Check tangible net worth ratio of Jiangsu Changhai Compos Material to evaluate the tangible quality of the company's equity base.

Defensive Interval Ratio

137 days
Days of operational coverage

Defensive Assets

CN¥851.44 Million
Cash + ST Investments + Receivables

Daily Cash Need

CN¥6.22 Million
Current Liabilities ÷ 365

Current Liabilities

CN¥2.27 Billion
CNY

Jiangsu Changhai Compos Material Defensive Interval Ratio (2008–2025)

This chart shows how Jiangsu Changhai Compos Material's Defensive Interval Ratio has evolved across 18 annual periods from 2008 to 2025. As of March 2026, the ratio stands at 137 days, meaning defensive assets of CN¥851.44 Million can fund 137 days of operations without new revenue. Also explore Jiangsu Changhai Compos Material equity growth rate to track the company's year-over-year net asset growth rate.

Annual Defensive Interval Ratio for Jiangsu Changhai Compos Material (2008–2025)

The table below presents the year-by-year Defensive Interval Ratio for Jiangsu Changhai Compos Material from 2008 to 2025, covering 18 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 Jiangsu Changhai Compos Material market cap and net worth.

Year DIR (days) Defensive Assets (CNY) Daily Cash Need Cash ST Investments Change (days)
2025 125 days CN¥745.03 Million CN¥5.97 Million/day CN¥- CN¥60.46 Million ▼ -153 days
2024 278 days CN¥1.00 Billion CN¥3.61 Million/day CN¥- CN¥23.09 Million ▼ -215 days
2023 493 days CN¥1.10 Billion CN¥2.23 Million/day CN¥- CN¥286.38 Million ▼ -159 days
2022 652 days CN¥1.09 Billion CN¥1.68 Million/day CN¥- CN¥138.16 Million ▲ +134 days
2021 518 days CN¥1.00 Billion CN¥1.94 Million/day CN¥- CN¥247.05 Million ▼ -79 days
2020 597 days CN¥708.35 Million CN¥1.19 Million/day CN¥- CN¥110.94 Million ▼ -54 days
2019 652 days CN¥726.76 Million CN¥1.12 Million/day CN¥- CN¥148.52 Million ▲ +198 days
2018 454 days CN¥681.28 Million CN¥1.50 Million/day CN¥- CN¥134.00 Million ▼ -41 days
2017 495 days CN¥810.38 Million CN¥1.64 Million/day CN¥- CN¥374.34 Million ▲ +175 days
2016 320 days CN¥445.40 Million CN¥1.39 Million/day CN¥- CN¥2.87 Million ▲ +23 days
2015 297 days CN¥430.96 Million CN¥1.45 Million/day CN¥- CN¥16.00 Million ▲ +8 days
2014 289 days CN¥267.70 Million CN¥925.93K/day CN¥- CN¥31.68 Million ▲ +107 days
2013 182 days CN¥174.04 Million CN¥954.19K/day CN¥- CN¥- ▲ +11 days
2012 171 days CN¥122.85 Million CN¥716.40K/day CN¥- CN¥- ▼ -81 days
2011 253 days CN¥81.83 Million CN¥323.87K/day CN¥- CN¥- ▲ +78 days
2010 174 days CN¥68.82 Million CN¥395.04K/day CN¥- CN¥- ▲ +42 days
2009 133 days CN¥46.65 Million CN¥351.87K/day CN¥- CN¥- ▲ +17 days
2008 116 days CN¥35.32 Million CN¥305.72K/day CN¥- CN¥- —
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)