North Long Dragon New Materials Technology Co. Ltd. A (301357) — Defensive Interval Ratio

Latest as of June 2025: 2172 days

North Long Dragon New Materials Technology Co. Ltd. A (301357) has a Defensive Interval Ratio of 2172 days as of June 2025. Defensive assets of CN¥530.77 Million (cash CN¥-, short-term investments CN¥163.70 Million, receivables CN¥367.07 Million) cover 2172 days of daily cash needs of CN¥244.41K/day. Check 301357 goodwill-adjusted equity ratio to evaluate the tangible quality of the company's equity base.

Defensive Interval Ratio

2172 days
Days of operational coverage

Defensive Assets

CN¥530.77 Million
Cash + ST Investments + Receivables

Daily Cash Need

CN¥244.41K
Current Liabilities ÷ 365

Current Liabilities

CN¥89.21 Million
CNY

North Long Dragon New Materials Technology Co. Ltd. A Defensive Interval Ratio (2021–2024)

This chart shows how North Long Dragon New Materials Technology Co. Ltd. A's Defensive Interval Ratio has evolved across 4 annual periods from 2021 to 2024. As of June 2025, the ratio stands at 2172 days, meaning defensive assets of CN¥530.77 Million can fund 2172 days of operations without new revenue. Also explore 301357 shareholders equity momentum to track the company's year-over-year net asset growth rate.

Annual Defensive Interval Ratio for North Long Dragon New Materials Technology Co. Ltd. A (2021–2024)

The table below presents the year-by-year Defensive Interval Ratio for North Long Dragon New Materials Technology Co. Ltd. A from 2021 to 2024, covering 4 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 North Long Dragon New Materials Technolo.

Year DIR (days) Defensive Assets (CNY) Daily Cash Need Cash ST Investments Change (days)
2024 2026 days CN¥611.25 Million CN¥301.67K/day CN¥- CN¥255.86 Million ▲ +1028 days
2023 998 days CN¥474.72 Million CN¥475.57K/day CN¥- CN¥165.43 Million ▲ +179 days
2022 819 days CN¥236.22 Million CN¥288.39K/day CN¥- CN¥- ▲ +524 days
2021 295 days CN¥159.06 Million CN¥538.32K/day CN¥- CN¥-
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)