Fujian Qingshan Paper Industry Co Ltd (600103) — Defensive Interval Ratio

Latest as of March 2026: 421 days

Fujian Qingshan Paper Industry Co Ltd (600103) has a Defensive Interval Ratio of 421 days as of March 2026. Defensive assets of CN¥1.74 Billion (cash CN¥-, short-term investments CN¥1.56 Billion, receivables CN¥184.44 Million) cover 421 days of daily cash needs of CN¥4.14 Million/day.

Defensive Interval Ratio

421 days
Days of operational coverage

Defensive Assets

CN¥1.74 Billion
Cash + ST Investments + Receivables

Daily Cash Need

CN¥4.14 Million
Current Liabilities ÷ 365

Current Liabilities

CN¥1.51 Billion
CNY

Fujian Qingshan Paper Industry Co Ltd Defensive Interval Ratio (1994–2025)

This chart shows how Fujian Qingshan Paper Industry Co Ltd's Defensive Interval Ratio has evolved across 32 annual periods from 1994 to 2025. As of March 2026, the ratio stands at 421 days, meaning defensive assets of CN¥1.74 Billion can fund 421 days of operations without new revenue. For the complete balance sheet picture, see how large is Fujian Qingshan Paper Industry Co Ltd's balance sheet.

Annual Defensive Interval Ratio for Fujian Qingshan Paper Industry Co Ltd (1994–2025)

The table below presents the year-by-year Defensive Interval Ratio for Fujian Qingshan Paper Industry Co Ltd from 1994 to 2025, covering 32 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 working capital to net assets of Fujian Qingshan Paper Industry Co Ltd 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 463 days CN¥1.90 Billion CN¥4.11 Million/day CN¥- CN¥1.81 Billion ▼ -5 days
2024 468 days CN¥2.53 Billion CN¥5.41 Million/day CN¥- CN¥1.74 Billion ▲ +22 days
2023 445 days CN¥2.22 Billion CN¥4.99 Million/day CN¥- CN¥1.51 Billion ▼ -28 days
2022 473 days CN¥1.85 Billion CN¥3.91 Million/day CN¥- CN¥1.16 Billion ▼ -180 days
2021 653 days CN¥2.24 Billion CN¥3.43 Million/day CN¥- CN¥1.56 Billion ▲ +15 days
2020 638 days CN¥2.25 Billion CN¥3.52 Million/day CN¥- CN¥1.57 Billion ▲ +147 days
2019 491 days CN¥1.97 Billion CN¥4.01 Million/day CN¥- CN¥1.42 Billion ▲ +64 days
2018 426 days CN¥1.51 Billion CN¥3.53 Million/day CN¥- CN¥1.10 Billion ▼ -89 days
2017 516 days CN¥1.49 Billion CN¥2.90 Million/day CN¥- CN¥930.00 Million ▲ +50 days
2016 466 days CN¥1.70 Billion CN¥3.65 Million/day CN¥- CN¥1.22 Billion ▲ +347 days
2015 118 days CN¥490.13 Million CN¥4.14 Million/day CN¥- CN¥- ▼ -39 days
2014 157 days CN¥438.15 Million CN¥2.79 Million/day CN¥- CN¥- ▲ +1 days
2013 156 days CN¥520.49 Million CN¥3.33 Million/day CN¥- CN¥- ▲ +61 days
2012 95 days CN¥369.33 Million CN¥3.88 Million/day CN¥- CN¥- ▲ +1 days
2011 94 days CN¥339.65 Million CN¥3.62 Million/day CN¥- CN¥- ▼ -98 days
2010 192 days CN¥483.72 Million CN¥2.53 Million/day CN¥- CN¥88.55K ▼ -74 days
2009 265 days CN¥489.62 Million CN¥1.85 Million/day CN¥- CN¥51.79K ▼ -51 days
2008 317 days CN¥451.54 Million CN¥1.43 Million/day CN¥- CN¥- ▼ -74 days
2007 391 days CN¥567.81 Million CN¥1.45 Million/day CN¥- CN¥- ▼ -158 days
2006 549 days CN¥561.71 Million CN¥1.02 Million/day CN¥- CN¥3.30 Million ▲ +192 days
2005 356 days CN¥359.07 Million CN¥1.01 Million/day CN¥- CN¥3.24 Million ▼ -118 days
2004 475 days CN¥512.99 Million CN¥1.08 Million/day CN¥- CN¥46.50 Million ▲ +222 days
2003 253 days CN¥305.94 Million CN¥1.21 Million/day CN¥- CN¥36.85 Million ▼ -126 days
2002 379 days CN¥637.86 Million CN¥1.68 Million/day CN¥- CN¥61.02 Million ▲ +153 days
2001 226 days CN¥378.05 Million CN¥1.67 Million/day CN¥- CN¥29.36 Million ▲ +138 days
2000 88 days CN¥130.68 Million CN¥1.48 Million/day CN¥- CN¥81.91 Million ▼ -21 days
1999 109 days CN¥121.59 Million CN¥1.11 Million/day CN¥- CN¥80.60 Million ▼ -30 days
1998 140 days CN¥163.56 Million CN¥1.17 Million/day CN¥- CN¥144.99 Million ▼ -77 days
1997 217 days CN¥172.23 Million CN¥794.04K/day CN¥- CN¥155.01 Million ▲ +207 days
1996 10 days CN¥8.10 Million CN¥822.58K/day CN¥- CN¥- ▼ -70 days
1995 80 days CN¥53.99 Million CN¥678.15K/day CN¥- CN¥- ▲ +24 days
1994 55 days CN¥28.71 Million CN¥519.35K/day CN¥- CN¥- —
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)