Shandong Kaisheng New Materials Co.Ltd. (301069) — Defensive Interval Ratio
Shandong Kaisheng New Materials Co.Ltd. (301069) has a Defensive Interval Ratio of 1366 days as of March 2026. Defensive assets of CN¥678.99 Million (cash CN¥-, short-term investments CN¥514.62 Million, receivables CN¥164.37 Million) cover 1366 days of daily cash needs of CN¥497.23K/day. See Shandong Kaisheng New Materials Co.Ltd. short-term liquidity ratio to evaluate short-term liquidity relative to the company's equity base.
Defensive Interval Ratio
Defensive Assets
Daily Cash Need
Current Liabilities
Shandong Kaisheng New Materials Co.Ltd. Defensive Interval Ratio (2019–2025)
This chart shows how Shandong Kaisheng New Materials Co.Ltd.'s Defensive Interval Ratio has evolved across 7 annual periods from 2019 to 2025. As of March 2026, the ratio stands at 1366 days, meaning defensive assets of CN¥678.99 Million can fund 1366 days of operations without new revenue. See Shandong Kaisheng New Materials Co.Ltd. (301069) net asset quality to measure how much of total assets are equity-financed.
Annual Defensive Interval Ratio for Shandong Kaisheng New Materials Co.Ltd. (2019–2025)
The table below presents the year-by-year Defensive Interval Ratio for Shandong Kaisheng New Materials Co.Ltd. from 2019 to 2025, covering 7 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 301069 stock market capitalisation.
| Year | DIR (days) | Defensive Assets (CNY) | Daily Cash Need | Cash | ST Investments | Change (days) |
|---|---|---|---|---|---|---|
| 2025 | 1448 days | CN¥704.81 Million | CN¥486.75K/day | CN¥- | CN¥556.31 Million | ▲ +547 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 | — |