Guangdong Kingshine Electronic Tech (300903) — Defensive Interval Ratio

Latest as of March 2026: 129 days

Guangdong Kingshine Electronic Tech (300903) has a Defensive Interval Ratio of 129 days as of March 2026. Defensive assets of CN¥1.59 Billion (cash CN¥-, short-term investments CN¥40.01 Million, receivables CN¥1.55 Billion) cover 129 days of daily cash needs of CN¥12.38 Million/day.

Defensive Interval Ratio

129 days
Days of operational coverage

Defensive Assets

CN¥1.59 Billion
Cash + ST Investments + Receivables

Daily Cash Need

CN¥12.38 Million
Current Liabilities ÷ 365

Current Liabilities

CN¥4.52 Billion
CNY

Guangdong Kingshine Electronic Tech Defensive Interval Ratio (2016–2025)

This chart shows how Guangdong Kingshine Electronic Tech's Defensive Interval Ratio has evolved across 10 annual periods from 2016 to 2025. As of March 2026, the ratio stands at 129 days, meaning defensive assets of CN¥1.59 Billion can fund 129 days of operations without new revenue. For the complete balance sheet picture, see 300903 total assets.

Annual Defensive Interval Ratio for Guangdong Kingshine Electronic Tech (2016–2025)

The table below presents the year-by-year Defensive Interval Ratio for Guangdong Kingshine Electronic Tech from 2016 to 2025, covering 10 annual filings. Each row shows defensive assets, daily cash need, the DIR in days, and the change in days compared to the prior year. See Guangdong Kingshine Electronic Tech working capital to net assets to evaluate short-term liquidity relative to the company's equity base.

Year DIR (days) Defensive Assets (CNY) Daily Cash Need Cash ST Investments Change (days)
2025 128 days CN¥1.55 Billion CN¥12.05 Million/day CN¥- CN¥- ▼ -37 days
2024 166 days CN¥2.18 Billion CN¥13.12 Million/day CN¥- CN¥88.07 Million ▼ -38 days
2023 204 days CN¥2.11 Billion CN¥10.37 Million/day CN¥- CN¥300.92 Million ▼ -9 days
2022 213 days CN¥1.98 Billion CN¥9.31 Million/day CN¥- CN¥473.38 Million ▲ +14 days
2021 199 days CN¥1.23 Billion CN¥6.21 Million/day CN¥- CN¥22.75 Million ▼ -177 days
2020 376 days CN¥1.11 Billion CN¥2.97 Million/day CN¥- CN¥285.11 Million ▲ +83 days
2019 293 days CN¥666.23 Million CN¥2.27 Million/day CN¥- CN¥- ▲ +11 days
2018 282 days CN¥565.38 Million CN¥2.00 Million/day CN¥- CN¥- ▲ +26 days
2017 256 days CN¥576.86 Million CN¥2.25 Million/day CN¥- CN¥- ▲ +82 days
2016 174 days CN¥426.02 Million CN¥2.45 Million/day CN¥- CN¥- —
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)