Zhejiang Songyuan Automotive Safety (300893) — Defensive Interval Ratio

Latest as of September 2025: 270 days

Zhejiang Songyuan Automotive Safety (300893) has a Defensive Interval Ratio of 270 days as of September 2025. Defensive assets of CN¥1.05 Billion (cash CN¥-, short-term investments CN¥-, receivables CN¥1.05 Billion) cover 270 days of daily cash needs of CN¥3.90 Million/day. See how liquid is Zhejiang Songyuan Automotive Safety's working capital to evaluate short-term liquidity relative to the company's equity base.

Defensive Interval Ratio

270 days
Days of operational coverage

Defensive Assets

CN¥1.05 Billion
Cash + ST Investments + Receivables

Daily Cash Need

CN¥3.90 Million
Current Liabilities ÷ 365

Current Liabilities

CN¥1.42 Billion
CNY

Zhejiang Songyuan Automotive Safety Defensive Interval Ratio (2016–2024)

This chart shows how Zhejiang Songyuan Automotive Safety's Defensive Interval Ratio has evolved across 9 annual periods from 2016 to 2024. As of September 2025, the ratio stands at 270 days, meaning defensive assets of CN¥1.05 Billion can fund 270 days of operations without new revenue. See 300893 equity financing ratio to measure how much of total assets are equity-financed.

Annual Defensive Interval Ratio for Zhejiang Songyuan Automotive Safety (2016–2024)

The table below presents the year-by-year Defensive Interval Ratio for Zhejiang Songyuan Automotive Safety from 2016 to 2024, covering 9 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 Songyuan Automotive Safety market capitalisation.

Year DIR (days) Defensive Assets (CNY) Daily Cash Need Cash ST Investments Change (days)
2024 369 days CN¥1.09 Billion CN¥2.95 Million/day CN¥- CN¥405.08K ▼ -114 days
2023 482 days CN¥692.45 Million CN¥1.44 Million/day CN¥- CN¥513.68K ▲ +140 days
2022 342 days CN¥503.97 Million CN¥1.47 Million/day CN¥- CN¥734.33K ▼ -141 days
2021 483 days CN¥392.92 Million CN¥812.77K/day CN¥- CN¥61.57 Million ▼ -406 days
2020 889 days CN¥396.30 Million CN¥445.62K/day CN¥- CN¥80.00 Million ▲ +439 days
2019 450 days CN¥222.66 Million CN¥494.84K/day CN¥- CN¥- ▲ +32 days
2018 418 days CN¥194.12 Million CN¥464.07K/day CN¥- CN¥- ▲ +64 days
2017 355 days CN¥196.43 Million CN¥554.07K/day CN¥- CN¥- ▼ -1 days
2016 356 days CN¥191.91 Million CN¥539.65K/day CN¥- CN¥-
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)