ChengDa Pharmaceuticals Co. Ltd. (301201) — Defensive Interval Ratio
ChengDa Pharmaceuticals Co. Ltd. (301201) has a Defensive Interval Ratio of 1415 days as of March 2026. Defensive assets of CN¥665.81 Million (cash CN¥-, short-term investments CN¥533.04 Million, receivables CN¥132.78 Million) cover 1415 days of daily cash needs of CN¥470.61K/day.
Defensive Interval Ratio
Defensive Assets
Daily Cash Need
Current Liabilities
ChengDa Pharmaceuticals Co. Ltd. Defensive Interval Ratio (2019–2025)
This chart shows how ChengDa Pharmaceuticals Co. Ltd.'s Defensive Interval Ratio has evolved across 7 annual periods from 2019 to 2025. As of March 2026, the ratio stands at 1415 days, meaning defensive assets of CN¥665.81 Million can fund 1415 days of operations without new revenue. For the complete balance sheet picture, see ChengDa Pharmaceuticals Co. Ltd. asset portfolio.
Annual Defensive Interval Ratio for ChengDa Pharmaceuticals Co. Ltd. (2019–2025)
The table below presents the year-by-year Defensive Interval Ratio for ChengDa Pharmaceuticals 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. See 301201 net working capital ratio to evaluate short-term liquidity relative to the company's equity base.
| Year | DIR (days) | Defensive Assets (CNY) | Daily Cash Need | Cash | ST Investments | Change (days) |
|---|---|---|---|---|---|---|
| 2025 | 679 days | CN¥377.81 Million | CN¥556.07K/day | CN¥- | CN¥270.08 Million | ▼ -1178 days |
| 2024 | 1858 days | CN¥1.05 Billion | CN¥566.46K/day | CN¥- | CN¥957.65 Million | ▲ +1593 days |
| 2023 | 265 days | CN¥124.62 Million | CN¥469.95K/day | CN¥- | CN¥- | ▼ -2979 days |
| 2022 | 3244 days | CN¥884.60 Million | CN¥272.70K/day | CN¥- | CN¥776.89 Million | ▲ +3024 days |
| 2021 | 220 days | CN¥89.18 Million | CN¥404.88K/day | CN¥- | CN¥- | ▼ -105 days |
| 2020 | 325 days | CN¥62.20 Million | CN¥191.33K/day | CN¥- | CN¥- | ▲ +189 days |
| 2019 | 136 days | CN¥69.32 Million | CN¥510.49K/day | CN¥- | CN¥- | — |