Essence Fastening Systems (Shanghai) Co. Ltd. (301005) — Defensive Interval Ratio
Essence Fastening Systems (Shanghai) Co. Ltd. (301005) has a Defensive Interval Ratio of 237 days as of March 2026. Defensive assets of CN¥330.61 Million (cash CN¥-, short-term investments CN¥77.94 Million, receivables CN¥252.67 Million) cover 237 days of daily cash needs of CN¥1.39 Million/day. See working capital to net assets of Essence Fastening Systems (Shanghai) Co. to evaluate short-term liquidity relative to the company's equity base.
Defensive Interval Ratio
Defensive Assets
Daily Cash Need
Current Liabilities
Essence Fastening Systems (Shanghai) Co. Ltd. Defensive Interval Ratio (2017–2025)
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 March 2026, the ratio stands at 237 days, meaning defensive assets of CN¥330.61 Million can fund 237 days of operations without new revenue. See Essence Fastening Systems (Shanghai) Co. (301005) balance sheet quality index to measure how much of total assets are equity-financed.
Annual Defensive Interval Ratio for Essence Fastening Systems (Shanghai) Co. Ltd. (2017–2025)
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 live market cap and the full company financial profile, see 301005 market cap.
| 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¥- | — |