Changzhou Xiangming Intelligent Drive System Corporation (301226) — Defensive Interval Ratio
Changzhou Xiangming Intelligent Drive System Corporation (301226) has a Defensive Interval Ratio of 744 days as of June 2026. Defensive assets of CN¥279.51 Million (cash CN¥-, short-term investments CN¥152.34 Million, receivables CN¥127.17 Million) cover 744 days of daily cash needs of CN¥375.66K/day.
Defensive Interval Ratio
Defensive Assets
Daily Cash Need
Current Liabilities
Changzhou Xiangming Intelligent Drive System Corporation Defensive Interval Ratio (2019–2025)
This chart shows how Changzhou Xiangming Intelligent Drive System Corporation's Defensive Interval Ratio has evolved across 7 annual periods from 2019 to 2025. As of June 2026, the ratio stands at 744 days, meaning defensive assets of CN¥279.51 Million can fund 744 days of operations without new revenue. For the complete balance sheet picture, see how large is Changzhou Xiangming Intelligent Drive Sy's balance sheet.
Annual Defensive Interval Ratio for Changzhou Xiangming Intelligent Drive System Corporation (2019–2025)
The table below presents the year-by-year Defensive Interval Ratio for Changzhou Xiangming Intelligent Drive System Corporation 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 Changzhou Xiangming Intelligent Drive Sy working capital to net assets 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 | 1110 days | CN¥366.41 Million | CN¥330.05K/day | CN¥- | CN¥256.21 Million | ▲ +333 days |
| 2024 | 777 days | CN¥232.28 Million | CN¥298.89K/day | CN¥- | CN¥114.47 Million | ▼ -163 days |
| 2023 | 940 days | CN¥355.55 Million | CN¥378.26K/day | CN¥- | CN¥233.81 Million | ▲ +101 days |
| 2022 | 839 days | CN¥381.24 Million | CN¥454.26K/day | CN¥- | CN¥238.52 Million | ▲ +532 days |
| 2021 | 307 days | CN¥178.50 Million | CN¥581.19K/day | CN¥- | CN¥14.96 Million | ▼ -69 days |
| 2020 | 376 days | CN¥158.95 Million | CN¥422.46K/day | CN¥- | CN¥20.35 Million | ▲ +6 days |
| 2019 | 370 days | CN¥137.51 Million | CN¥371.44K/day | CN¥- | CN¥15.08 Million | — |