Shenzhen Vital New Material Co. Ltd. (301319) — Defensive Interval Ratio
Shenzhen Vital New Material Co. Ltd. (301319) has a Defensive Interval Ratio of 666 days as of March 2026. Defensive assets of CN¥876.21 Million (cash CN¥-, short-term investments CN¥328.83 Million, receivables CN¥547.38 Million) cover 666 days of daily cash needs of CN¥1.32 Million/day. See working capital to net assets of Shenzhen Vital New Material Co. Ltd. to evaluate short-term liquidity relative to the company's equity base.
Defensive Interval Ratio
Defensive Assets
Daily Cash Need
Current Liabilities
Shenzhen Vital New Material Co. Ltd. Defensive Interval Ratio (2019–2025)
This chart shows how Shenzhen Vital New Material Co. Ltd.'s Defensive Interval Ratio has evolved across 7 annual periods from 2019 to 2025. As of March 2026, the ratio stands at 666 days, meaning defensive assets of CN¥876.21 Million can fund 666 days of operations without new revenue. See net asset quality index of Shenzhen Vital New Material Co. Ltd. to measure how much of total assets are equity-financed.
Annual Defensive Interval Ratio for Shenzhen Vital New Material Co. Ltd. (2019–2025)
The table below presents the year-by-year Defensive Interval Ratio for Shenzhen Vital New Material 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 market cap of Shenzhen Vital New Material Co. Ltd..
| Year | DIR (days) | Defensive Assets (CNY) | Daily Cash Need | Cash | ST Investments | Change (days) |
|---|---|---|---|---|---|---|
| 2025 | 851 days | CN¥993.65 Million | CN¥1.17 Million/day | CN¥- | CN¥470.34 Million | ▼ -471 days |
| 2024 | 1322 days | CN¥858.73 Million | CN¥649.76K/day | CN¥- | CN¥427.28 Million | ▼ -236 days |
| 2023 | 1557 days | CN¥622.11 Million | CN¥399.49K/day | CN¥- | CN¥308.34 Million | ▼ -335 days |
| 2022 | 1893 days | CN¥707.89 Million | CN¥374.00K/day | CN¥- | CN¥451.21 Million | ▲ +1479 days |
| 2021 | 414 days | CN¥307.44 Million | CN¥742.24K/day | CN¥- | CN¥- | ▼ -93 days |
| 2020 | 508 days | CN¥224.18 Million | CN¥441.59K/day | CN¥- | CN¥- | ▼ -87 days |
| 2019 | 595 days | CN¥177.48 Million | CN¥298.51K/day | CN¥- | CN¥- | — |