Minfeng Special Paper Co Ltd (600235) — Defensive Interval Ratio

Latest as of March 2026: 79 days

Minfeng Special Paper Co Ltd (600235) has a Defensive Interval Ratio of 79 days as of March 2026. Defensive assets of CN¥218.21 Million (cash CN¥-, short-term investments CN¥-, receivables CN¥218.21 Million) cover 79 days of daily cash needs of CN¥2.78 Million/day. See 600235 working capital ratio to evaluate short-term liquidity relative to the company's equity base.

Defensive Interval Ratio

79 days
Days of operational coverage

Defensive Assets

CN¥218.21 Million
Cash + ST Investments + Receivables

Daily Cash Need

CN¥2.78 Million
Current Liabilities ÷ 365

Current Liabilities

CN¥1.01 Billion
CNY

Minfeng Special Paper Co Ltd Defensive Interval Ratio (1998–2025)

This chart shows how Minfeng Special Paper Co Ltd's Defensive Interval Ratio has evolved across 28 annual periods from 1998 to 2025. As of March 2026, the ratio stands at 79 days, meaning defensive assets of CN¥218.21 Million can fund 79 days of operations without new revenue. See 600235 net asset quality index to measure how much of total assets are equity-financed.

Annual Defensive Interval Ratio for Minfeng Special Paper Co Ltd (1998–2025)

The table below presents the year-by-year Defensive Interval Ratio for Minfeng Special Paper Co Ltd from 1998 to 2025, covering 28 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 Minfeng Special Paper Co Ltd (600235) total market value.

Year DIR (days) Defensive Assets (CNY) Daily Cash Need Cash ST Investments Change (days)
2025 62 days CN¥176.52 Million CN¥2.87 Million/day CN¥- CN¥- ▼ -64 days
2024 126 days CN¥395.30 Million CN¥3.15 Million/day CN¥- CN¥- ▼ -50 days
2023 176 days CN¥435.22 Million CN¥2.48 Million/day CN¥- CN¥- ▼ -26 days
2022 202 days CN¥399.42 Million CN¥1.98 Million/day CN¥- CN¥- ▲ +11 days
2021 191 days CN¥411.94 Million CN¥2.16 Million/day CN¥- CN¥- ▲ +13 days
2020 178 days CN¥405.44 Million CN¥2.28 Million/day CN¥- CN¥- ▲ +6 days
2019 172 days CN¥410.04 Million CN¥2.38 Million/day CN¥- CN¥35.54 Million ▲ +5 days
2018 167 days CN¥402.51 Million CN¥2.41 Million/day CN¥- CN¥- ▼ -64 days
2017 231 days CN¥510.42 Million CN¥2.21 Million/day CN¥- CN¥- ▲ +60 days
2016 171 days CN¥402.70 Million CN¥2.35 Million/day CN¥- CN¥- ▼ -4 days
2015 176 days CN¥540.27 Million CN¥3.08 Million/day CN¥- CN¥80.50 Million ▼ -44 days
2014 219 days CN¥483.46 Million CN¥2.21 Million/day CN¥- CN¥55.00 Million ▲ +30 days
2013 190 days CN¥355.93 Million CN¥1.88 Million/day CN¥- CN¥- ▲ +90 days
2012 99 days CN¥255.62 Million CN¥2.57 Million/day CN¥- CN¥- ▼ -1 days
2011 100 days CN¥315.43 Million CN¥3.14 Million/day CN¥- CN¥- ▼ -40 days
2010 141 days CN¥265.69 Million CN¥1.89 Million/day CN¥- CN¥- ▲ +36 days
2009 104 days CN¥221.87 Million CN¥2.13 Million/day CN¥- CN¥- ▲ +32 days
2008 72 days CN¥219.99 Million CN¥3.06 Million/day CN¥- CN¥- ▲ +6 days
2007 65 days CN¥199.46 Million CN¥3.05 Million/day CN¥- CN¥- ▲ +5 days
2006 60 days CN¥201.31 Million CN¥3.35 Million/day CN¥- CN¥- ▲ +9 days
2005 51 days CN¥170.74 Million CN¥3.37 Million/day CN¥- CN¥- ▲ +1 days
2004 50 days CN¥122.57 Million CN¥2.45 Million/day CN¥- CN¥- ▼ -31 days
2003 81 days CN¥127.64 Million CN¥1.57 Million/day CN¥- CN¥- ▼ -8 days
2002 89 days CN¥104.62 Million CN¥1.17 Million/day CN¥- CN¥- ▲ +17 days
2001 72 days CN¥87.32 Million CN¥1.21 Million/day CN¥- CN¥- ▼ -11 days
2000 84 days CN¥45.12 Million CN¥539.37K/day CN¥- CN¥30.00 Million ▲ +73 days
1999 11 days CN¥6.52 Million CN¥590.16K/day CN¥- CN¥- ▼ -23 days
1998 34 days CN¥20.19 Million CN¥589.48K/day CN¥- CN¥- —
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)