Shenzhen Changfang Light Emitting (300301) — Defensive Interval Ratio

Latest as of March 2026: 44 days

Shenzhen Changfang Light Emitting (300301) has a Defensive Interval Ratio of 44 days as of March 2026. Defensive assets of CN¥83.80 Million (cash CN¥-, short-term investments CN¥-, receivables CN¥83.80 Million) cover 44 days of daily cash needs of CN¥1.89 Million/day. Check 300301 tangible net worth ratio to evaluate the tangible quality of the company's equity base.

Defensive Interval Ratio

44 days
Days of operational coverage

Defensive Assets

CN¥83.80 Million
Cash + ST Investments + Receivables

Daily Cash Need

CN¥1.89 Million
Current Liabilities ÷ 365

Current Liabilities

CN¥690.68 Million
CNY

Shenzhen Changfang Light Emitting Defensive Interval Ratio (2008–2025)

This chart shows how Shenzhen Changfang Light Emitting's Defensive Interval Ratio has evolved across 18 annual periods from 2008 to 2025. As of March 2026, the ratio stands at 44 days, meaning defensive assets of CN¥83.80 Million can fund 44 days of operations without new revenue. Also explore 300301 net asset momentum to track the company's year-over-year net asset growth rate.

Annual Defensive Interval Ratio for Shenzhen Changfang Light Emitting (2008–2025)

The table below presents the year-by-year Defensive Interval Ratio for Shenzhen Changfang Light Emitting 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 Shenzhen Changfang Light Emitting market cap and net worth.

Year DIR (days) Defensive Assets (CNY) Daily Cash Need Cash ST Investments Change (days)
2025 36 days CN¥68.27 Million CN¥1.88 Million/day CN¥- CN¥- ▼ -27 days
2024 64 days CN¥123.56 Million CN¥1.94 Million/day CN¥- CN¥- ▲ +0 days
2023 63 days CN¥126.06 Million CN¥1.99 Million/day CN¥- CN¥- ▼ -22 days
2022 85 days CN¥168.94 Million CN¥1.98 Million/day CN¥- CN¥- ▼ 0 days
2021 86 days CN¥193.45 Million CN¥2.26 Million/day CN¥- CN¥- ▼ -95 days
2020 181 days CN¥661.16 Million CN¥3.65 Million/day CN¥- CN¥- ▲ +15 days
2019 166 days CN¥757.52 Million CN¥4.55 Million/day CN¥- CN¥- ▲ +8 days
2018 158 days CN¥705.18 Million CN¥4.46 Million/day CN¥- CN¥- ▼ -54 days
2017 212 days CN¥746.62 Million CN¥3.52 Million/day CN¥- CN¥295.76 Million ▼ -23 days
2016 235 days CN¥816.77 Million CN¥3.47 Million/day CN¥- CN¥373.00 Million ▲ +145 days
2015 90 days CN¥326.67 Million CN¥3.62 Million/day CN¥- CN¥- ▲ +22 days
2014 68 days CN¥142.77 Million CN¥2.09 Million/day CN¥- CN¥- ▼ -56 days
2013 124 days CN¥180.95 Million CN¥1.46 Million/day CN¥- CN¥- ▼ -60 days
2012 183 days CN¥189.82 Million CN¥1.03 Million/day CN¥- CN¥- ▼ -21 days
2011 205 days CN¥134.53 Million CN¥657.04K/day CN¥- CN¥- ▲ +55 days
2010 150 days CN¥82.88 Million CN¥552.35K/day CN¥- CN¥- ▲ +47 days
2009 103 days CN¥16.97 Million CN¥164.05K/day CN¥- CN¥- ▼ -450 days
2008 553 days CN¥18.64 Million CN¥33.70K/day CN¥- CN¥- —
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)