Zhejiang Tiantie Industry Co Ltd (300587) — Defensive Interval Ratio

Latest as of September 2025: 258 days

Zhejiang Tiantie Industry Co Ltd (300587) has a Defensive Interval Ratio of 258 days as of September 2025. Defensive assets of CN¥1.72 Billion (cash CN¥-, short-term investments CN¥-, receivables CN¥1.72 Billion) cover 258 days of daily cash needs of CN¥6.68 Million/day. Check tangible net worth ratio of Zhejiang Tiantie Industry Co Ltd to evaluate the tangible quality of the company's equity base.

Defensive Interval Ratio

258 days
Days of operational coverage

Defensive Assets

CN¥1.72 Billion
Cash + ST Investments + Receivables

Daily Cash Need

CN¥6.68 Million
Current Liabilities ÷ 365

Current Liabilities

CN¥2.44 Billion
CNY

Zhejiang Tiantie Industry Co Ltd Defensive Interval Ratio (2011–2024)

This chart shows how Zhejiang Tiantie Industry Co Ltd's Defensive Interval Ratio has evolved across 14 annual periods from 2011 to 2024. As of September 2025, the ratio stands at 258 days, meaning defensive assets of CN¥1.72 Billion can fund 258 days of operations without new revenue. Also explore 300587 shareholders equity momentum to track the company's year-over-year net asset growth rate.

Annual Defensive Interval Ratio for Zhejiang Tiantie Industry Co Ltd (2011–2024)

The table below presents the year-by-year Defensive Interval Ratio for Zhejiang Tiantie Industry Co Ltd from 2011 to 2024, covering 14 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 Zhejiang Tiantie Industry Co Ltd (300587) market capitalisation.

Year DIR (days) Defensive Assets (CNY) Daily Cash Need Cash ST Investments Change (days)
2024 343 days CN¥1.88 Billion CN¥5.47 Million/day CN¥- CN¥30.00 Million ▼ -4 days
2023 348 days CN¥1.70 Billion CN¥4.89 Million/day CN¥- CN¥- ▼ -113 days
2022 460 days CN¥1.75 Billion CN¥3.81 Million/day CN¥- CN¥- ▼ -173 days
2021 633 days CN¥1.71 Billion CN¥2.70 Million/day CN¥- CN¥230.00 Million ▲ +149 days
2020 485 days CN¥1.20 Billion CN¥2.47 Million/day CN¥- CN¥50.00 Million ▲ +91 days
2019 393 days CN¥991.17 Million CN¥2.52 Million/day CN¥- CN¥5.00 Million ▲ +12 days
2018 382 days CN¥651.86 Million CN¥1.71 Million/day CN¥- CN¥23.00 Million ▼ -1279 days
2017 1660 days CN¥518.13 Million CN¥312.07K/day CN¥- CN¥120.00 Million ▲ +881 days
2016 779 days CN¥321.14 Million CN¥412.25K/day CN¥- CN¥- ▲ +73 days
2015 706 days CN¥298.71 Million CN¥423.37K/day CN¥- CN¥- ▲ +45 days
2014 660 days CN¥229.37 Million CN¥347.31K/day CN¥- CN¥- ▲ +158 days
2013 503 days CN¥245.91 Million CN¥489.03K/day CN¥- CN¥- ▲ +50 days
2012 453 days CN¥172.41 Million CN¥380.93K/day CN¥- CN¥- ▲ +193 days
2011 260 days CN¥134.34 Million CN¥517.04K/day CN¥- CN¥- —
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)