Essence Fastening Systems (Shanghai) Co. Ltd. Defensive Interval Ratio
Essence Fastening Systems (Shanghai) Co. Ltd. defensive interval ratio. Essence Fastening Systems (Shanghai) Co. Ltd. (301005) has a Defensive Interval Ratio of 278 days as of June 2026. Defensive assets of CN¥445.20 Million (cash CN¥-, short-term investments CN¥156.51 Million, receivables CN¥288.69 Million) cover 278 days of daily cash needs of CN¥1.60 Million/day. See how liquid is Essence Fastening Systems (Shanghai) Co.'s working capital to evaluate short-term liquidity relative to the company's equity base.
Defensive Interval Ratio
Defensive Assets
Daily Cash Need
Current Liabilities
Defensive Interval Ratio of Essence Fastening Systems (Shanghai) Co. Ltd. (2017–2025)
Defensive interval ratio of Essence Fastening Systems (Shanghai) Co. Ltd. from 2017 to 2025. This chart shows how Essence Fastening Systems (Shanghai) Co. Ltd.'s Defensive Interval Ratio has evolved across 9 annual periods from 2017 to 2025. As of June 2026, the ratio stands at 278 days, meaning defensive assets of CN¥445.20 Million can fund 278 days of operations without new revenue. Check Essence Fastening Systems (Shanghai) Co. liquid asset ratio to evaluate the company's liquid asset resilience ratio.
Essence Fastening Systems (Shanghai) Co. Ltd. Defensive Interval Ratio by Year (2017–2025)
Essence Fastening Systems (Shanghai) Co. Ltd. defensive interval ratio by year from 2017 to 2025. The table below presents the year-by-year Defensive Interval Ratio for Essence Fastening Systems (Shanghai) Co. Ltd. from 2017 to 2025, 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 the complete balance sheet picture, see 301005 total assets.
| Year | DIR (days) | Defensive Assets (CNY) | Daily Cash Need | Cash | ST Investments | Change (days) |
|---|---|---|---|---|---|---|
| 2025 | 279 days | CN¥429.85 Million | CN¥1.54 Million/day | CN¥- | CN¥80.30 Million | ▼ -45 days |
| 2024 | 324 days | CN¥369.48 Million | CN¥1.14 Million/day | CN¥- | CN¥108.53 Million | ▼ -220 days |
| 2023 | 544 days | CN¥422.57 Million | CN¥776.62K/day | CN¥- | CN¥206.22 Million | ▼ -83 days |
| 2022 | 627 days | CN¥419.22 Million | CN¥668.83K/day | CN¥- | CN¥202.92 Million | ▼ -1034 days |
| 2021 | 1661 days | CN¥469.41 Million | CN¥282.58K/day | CN¥- | CN¥345.23 Million | ▲ +1592 days |
| 2020 | 69 days | CN¥23.74 Million | CN¥343.05K/day | CN¥- | CN¥4.00 Million | ▼ -450 days |
| 2019 | 519 days | CN¥134.25 Million | CN¥258.82K/day | CN¥- | CN¥26.50 Million | ▲ +11 days |
| 2018 | 508 days | CN¥122.64 Million | CN¥241.31K/day | CN¥- | CN¥26.10 Million | ▲ +266 days |
| 2017 | 242 days | CN¥86.64 Million | CN¥358.25K/day | CN¥- | CN¥- | — |