Lingyuan Iron & Steel Co Ltd (600231) — Defensive Interval Ratio

Latest as of March 2026: 2 days

Lingyuan Iron & Steel Co Ltd (600231) has a Defensive Interval Ratio of 2 days as of March 2026. Defensive assets of CN¥51.15 Million (cash CN¥-, short-term investments CN¥-, receivables CN¥51.15 Million) cover 2 days of daily cash needs of CN¥25.85 Million/day. See 600231 net working capital ratio to evaluate short-term liquidity relative to the company's equity base.

Defensive Interval Ratio

2 days
Days of operational coverage

Defensive Assets

CN¥51.15 Million
Cash + ST Investments + Receivables

Daily Cash Need

CN¥25.85 Million
Current Liabilities ÷ 365

Current Liabilities

CN¥9.44 Billion
CNY

Lingyuan Iron & Steel Co Ltd Defensive Interval Ratio (1997–2025)

This chart shows how Lingyuan Iron & Steel Co Ltd's Defensive Interval Ratio has evolved across 29 annual periods from 1997 to 2025. As of March 2026, the ratio stands at 2 days, meaning defensive assets of CN¥51.15 Million can fund 2 days of operations without new revenue. See 600231 net asset quality index to measure how much of total assets are equity-financed.

Annual Defensive Interval Ratio for Lingyuan Iron & Steel Co Ltd (1997–2025)

The table below presents the year-by-year Defensive Interval Ratio for Lingyuan Iron & Steel Co Ltd from 1997 to 2025, covering 29 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 Lingyuan Iron & Steel Co Ltd.

Year DIR (days) Defensive Assets (CNY) Daily Cash Need Cash ST Investments Change (days)
2025 2 days CN¥51.44 Million CN¥24.13 Million/day CN¥- CN¥- ▼ -14 days
2024 16 days CN¥278.38 Million CN¥17.02 Million/day CN¥- CN¥- ▲ +7 days
2023 9 days CN¥184.07 Million CN¥20.07 Million/day CN¥- CN¥- ▼ -49 days
2022 58 days CN¥1.15 Billion CN¥19.77 Million/day CN¥- CN¥- ▲ +14 days
2021 44 days CN¥919.09 Million CN¥20.97 Million/day CN¥- CN¥- ▼ -9 days
2020 53 days CN¥985.28 Million CN¥18.68 Million/day CN¥- CN¥- ▼ -59 days
2019 112 days CN¥2.39 Billion CN¥21.36 Million/day CN¥- CN¥- ▲ +71 days
2018 41 days CN¥951.59 Million CN¥23.29 Million/day CN¥- CN¥- ▲ +1 days
2017 39 days CN¥712.85 Million CN¥18.06 Million/day CN¥- CN¥- ▲ +17 days
2016 22 days CN¥518.82 Million CN¥23.29 Million/day CN¥- CN¥- ▲ +3 days
2015 19 days CN¥437.81 Million CN¥22.83 Million/day CN¥- CN¥- ▼ -10 days
2014 29 days CN¥786.56 Million CN¥26.68 Million/day CN¥- CN¥- ▲ +8 days
2013 22 days CN¥526.61 Million CN¥24.11 Million/day CN¥- CN¥- ▼ -10 days
2012 32 days CN¥674.85 Million CN¥21.08 Million/day CN¥- CN¥- ▼ -64 days
2011 96 days CN¥1.50 Billion CN¥15.62 Million/day CN¥- CN¥- ▲ +5 days
2010 91 days CN¥1.07 Billion CN¥11.65 Million/day CN¥- CN¥- ▼ -8 days
2009 99 days CN¥926.01 Million CN¥9.33 Million/day CN¥- CN¥- ▲ +79 days
2008 21 days CN¥189.12 Million CN¥9.17 Million/day CN¥- CN¥- ▼ -336 days
2007 357 days CN¥699.36 Million CN¥1.96 Million/day CN¥- CN¥- ▼ -116 days
2006 473 days CN¥828.91 Million CN¥1.75 Million/day CN¥- CN¥- ▲ +75 days
2005 398 days CN¥650.60 Million CN¥1.64 Million/day CN¥- CN¥- ▲ +81 days
2004 316 days CN¥846.75 Million CN¥2.68 Million/day CN¥- CN¥- ▲ +313 days
2003 3 days CN¥10.49 Million CN¥3.15 Million/day CN¥- CN¥- ▼ -291 days
2002 295 days CN¥644.34 Million CN¥2.19 Million/day CN¥- CN¥- ▲ +243 days
2001 52 days CN¥54.55 Million CN¥1.05 Million/day CN¥- CN¥- ▼ -93 days
2000 145 days CN¥116.01 Million CN¥800.06K/day CN¥- CN¥- ▲ +77 days
1999 68 days CN¥61.85 Million CN¥907.61K/day CN¥- CN¥- ▼ -68 days
1998 136 days CN¥147.22 Million CN¥1.08 Million/day CN¥- CN¥- ▲ +43 days
1997 93 days CN¥113.05 Million CN¥1.22 Million/day CN¥- CN¥- —
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)