Changzhou Xiangming Intelligent Drive System Corporation (301226) — Defensive Interval Ratio
Changzhou Xiangming Intelligent Drive System Corporation (301226) has a Defensive Interval Ratio of 1144 days as of June 2025. Defensive assets of CN¥361.75 Million (cash CN¥-, short-term investments CN¥236.23 Million, receivables CN¥125.52 Million) cover 1144 days of daily cash needs of CN¥316.08K/day. Check 301226 tangible net assets ratio to evaluate the tangible quality of the company's equity base.
Defensive Interval Ratio
Defensive Assets
Daily Cash Need
Current Liabilities
Changzhou Xiangming Intelligent Drive System Corporation Defensive Interval Ratio (2019–2024)
This chart shows how Changzhou Xiangming Intelligent Drive System Corporation's Defensive Interval Ratio has evolved across 6 annual periods from 2019 to 2024. As of June 2025, the ratio stands at 1144 days, meaning defensive assets of CN¥361.75 Million can fund 1144 days of operations without new revenue. Also explore Changzhou Xiangming Intelligent Drive Sy equity growth rate to track the company's year-over-year net asset growth rate.
Annual Defensive Interval Ratio for Changzhou Xiangming Intelligent Drive System Corporation (2019–2024)
The table below presents the year-by-year Defensive Interval Ratio for Changzhou Xiangming Intelligent Drive System Corporation 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 Changzhou Xiangming Intelligent Drive Sy (301226) total market value.
| Year | DIR (days) | Defensive Assets (CNY) | Daily Cash Need | Cash | ST Investments | Change (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 | — |