Shandong Longhua New Material Co. Ltd. (301149) — Defensive Interval Ratio

Latest as of March 2026: 128 days

Shandong Longhua New Material Co. Ltd. (301149) has a Defensive Interval Ratio of 128 days as of March 2026. Defensive assets of CN¥561.33 Million (cash CN¥-, short-term investments CN¥346.55 Million, receivables CN¥214.78 Million) cover 128 days of daily cash needs of CN¥4.38 Million/day. Check Shandong Longhua New Material Co. Ltd. tangible book value ratio to evaluate the tangible quality of the company's equity base.

Defensive Interval Ratio

128 days
Days of operational coverage

Defensive Assets

CN¥561.33 Million
Cash + ST Investments + Receivables

Daily Cash Need

CN¥4.38 Million
Current Liabilities ÷ 365

Current Liabilities

CN¥1.60 Billion
CNY

Shandong Longhua New Material Co. Ltd. Defensive Interval Ratio (2015–2025)

This chart shows how Shandong Longhua New Material Co. Ltd.'s Defensive Interval Ratio has evolved across 11 annual periods from 2015 to 2025. As of March 2026, the ratio stands at 128 days, meaning defensive assets of CN¥561.33 Million can fund 128 days of operations without new revenue. Also explore net asset momentum of Shandong Longhua New Material Co. Ltd. to track the company's year-over-year net asset growth rate.

Annual Defensive Interval Ratio for Shandong Longhua New Material Co. Ltd. (2015–2025)

The table below presents the year-by-year Defensive Interval Ratio for Shandong Longhua New Material Co. Ltd. from 2015 to 2025, covering 11 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 301149 market cap overview.

Year DIR (days) Defensive Assets (CNY) Daily Cash Need Cash ST Investments Change (days)
2025 81 days CN¥280.19 Million CN¥3.47 Million/day CN¥- CN¥131.34 Million ▼ -92 days
2024 172 days CN¥388.49 Million CN¥2.25 Million/day CN¥- CN¥146.16 Million ▼ -263 days
2023 436 days CN¥632.35 Million CN¥1.45 Million/day CN¥- CN¥358.94 Million ▼ -118 days
2022 554 days CN¥406.97 Million CN¥734.61K/day CN¥- CN¥278.89 Million ▲ +209 days
2021 345 days CN¥190.02 Million CN¥550.44K/day CN¥- CN¥71.24 Million ▲ +81 days
2020 264 days CN¥127.69 Million CN¥484.00K/day CN¥- CN¥- ▲ +86 days
2019 178 days CN¥50.75 Million CN¥284.86K/day CN¥- CN¥- ▲ +85 days
2018 93 days CN¥47.99 Million CN¥513.74K/day CN¥- CN¥- ▲ +50 days
2017 43 days CN¥18.90 Million CN¥438.18K/day CN¥- CN¥- ▲ +2 days
2016 41 days CN¥22.25 Million CN¥543.45K/day CN¥- CN¥- ▼ -86 days
2015 127 days CN¥79.29 Million CN¥622.13K/day CN¥- CN¥- —
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)