Guangdong Kingshine Electronic Tech (300903) — Defensive Interval Ratio

Latest as of September 2025: 165 days

Guangdong Kingshine Electronic Tech (300903) has a Defensive Interval Ratio of 165 days as of September 2025. Defensive assets of CN¥1.95 Billion (cash CN¥-, short-term investments CN¥199.65 Million, receivables CN¥1.75 Billion) cover 165 days of daily cash needs of CN¥11.78 Million/day. See working capital position of Guangdong Kingshine Electronic Tech to evaluate short-term liquidity relative to the company's equity base.

Defensive Interval Ratio

165 days
Days of operational coverage

Defensive Assets

CN¥1.95 Billion
Cash + ST Investments + Receivables

Daily Cash Need

CN¥11.78 Million
Current Liabilities ÷ 365

Current Liabilities

CN¥4.30 Billion
CNY

Guangdong Kingshine Electronic Tech Defensive Interval Ratio (2016–2024)

This chart shows how Guangdong Kingshine Electronic Tech's Defensive Interval Ratio has evolved across 9 annual periods from 2016 to 2024. As of September 2025, the ratio stands at 165 days, meaning defensive assets of CN¥1.95 Billion can fund 165 days of operations without new revenue. See 300903 net asset quality score to measure how much of total assets are equity-financed.

Annual Defensive Interval Ratio for Guangdong Kingshine Electronic Tech (2016–2024)

The table below presents the year-by-year Defensive Interval Ratio for Guangdong Kingshine Electronic Tech 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 market value of Guangdong Kingshine Electronic Tech.

Year DIR (days) Defensive Assets (CNY) Daily Cash Need Cash ST Investments Change (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)