Shandong Kaisheng New Materials Co.Ltd. (301069) — Defensive Interval Ratio
Shandong Kaisheng New Materials Co.Ltd. (301069) has a Defensive Interval Ratio of 1128 days as of June 2025. Defensive assets of CN¥674.22 Million (cash CN¥-, short-term investments CN¥509.55 Million, receivables CN¥164.67 Million) cover 1128 days of daily cash needs of CN¥597.90K/day. Check 301069 tangible net worth ratio to evaluate the tangible quality of the company's equity base.
Defensive Interval Ratio
Defensive Assets
Daily Cash Need
Current Liabilities
Shandong Kaisheng New Materials Co.Ltd. Defensive Interval Ratio (2019–2024)
This chart shows how Shandong Kaisheng New Materials Co.Ltd.'s Defensive Interval Ratio has evolved across 6 annual periods from 2019 to 2024. As of June 2025, the ratio stands at 1128 days, meaning defensive assets of CN¥674.22 Million can fund 1128 days of operations without new revenue. Also explore Shandong Kaisheng New Materials Co.Ltd. annual equity growth to track the company's year-over-year net asset growth rate.
Annual Defensive Interval Ratio for Shandong Kaisheng New Materials Co.Ltd. (2019–2024)
The table below presents the year-by-year Defensive Interval Ratio for Shandong Kaisheng New Materials Co.Ltd. from 2019 to 2024, covering 6 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 cap of Shandong Kaisheng New Materials Co.Ltd..
| Year | DIR (days) | Defensive Assets (CNY) | Daily Cash Need | Cash | ST Investments | Change (days) |
|---|---|---|---|---|---|---|
| 2024 | 901 days | CN¥586.16 Million | CN¥650.69K/day | CN¥- | CN¥446.56 Million | ▲ +701 days |
| 2023 | 200 days | CN¥179.39 Million | CN¥896.42K/day | CN¥- | CN¥92.93 Million | ▼ -236 days |
| 2022 | 436 days | CN¥288.10 Million | CN¥660.41K/day | CN¥- | CN¥213.84 Million | ▼ -993 days |
| 2021 | 1429 days | CN¥543.95 Million | CN¥380.60K/day | CN¥- | CN¥477.42 Million | ▲ +430 days |
| 2020 | 1000 days | CN¥262.11 Million | CN¥262.23K/day | CN¥- | CN¥205.38 Million | ▲ +478 days |
| 2019 | 522 days | CN¥112.25 Million | CN¥215.12K/day | CN¥- | CN¥50.89 Million | — |