Shenzhen Vital New Material Co. Ltd. (301319) — Defensive Interval Ratio

Latest as of March 2026: 666 days

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. Check 301319 tangible net assets ratio to evaluate the tangible quality of the company's equity base.

Defensive Interval Ratio

666 days
Days of operational coverage

Defensive Assets

CN¥876.21 Million
Cash + ST Investments + Receivables

Daily Cash Need

CN¥1.32 Million
Current Liabilities ÷ 365

Current Liabilities

CN¥480.31 Million
CNY

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. Also explore Shenzhen Vital New Material Co. Ltd. equity growth rate to track the company's year-over-year net asset growth rate.

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 Shenzhen Vital New Material Co. Ltd. stock valuation.

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¥-
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)