Shanxi Huayang New Material Co Ltd (600281) — Defensive Interval Ratio

Latest as of September 2025: 94 days

Shanxi Huayang New Material Co Ltd (600281) has a Defensive Interval Ratio of 94 days as of September 2025. Defensive assets of CN¥168.10 Million (cash CN¥-, short-term investments CN¥-, receivables CN¥168.10 Million) cover 94 days of daily cash needs of CN¥1.78 Million/day.

Defensive Interval Ratio

94 days
Days of operational coverage

Defensive Assets

CN¥168.10 Million
Cash + ST Investments + Receivables

Daily Cash Need

CN¥1.78 Million
Current Liabilities ÷ 365

Current Liabilities

CN¥649.57 Million
CNY

Shanxi Huayang New Material Co Ltd Defensive Interval Ratio (1997–2024)

This chart shows how Shanxi Huayang New Material Co Ltd's Defensive Interval Ratio has evolved across 28 annual periods from 1997 to 2024. As of September 2025, the ratio stands at 94 days, meaning defensive assets of CN¥168.10 Million can fund 94 days of operations without new revenue. For the complete balance sheet picture, see balance sheet size of Shanxi Huayang New Material Co Ltd.

Annual Defensive Interval Ratio for Shanxi Huayang New Material Co Ltd (1997–2024)

The table below presents the year-by-year Defensive Interval Ratio for Shanxi Huayang New Material Co Ltd from 1997 to 2024, 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. See 600281 working capital ratio 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)
2024 42 days CN¥67.93 Million CN¥1.61 Million/day CN¥- CN¥- ▼ -39 days
2023 81 days CN¥72.14 Million CN¥890.47K/day CN¥- CN¥- ▲ +10 days
2022 71 days CN¥77.57 Million CN¥1.09 Million/day CN¥- CN¥- ▲ +11 days
2021 60 days CN¥68.75 Million CN¥1.15 Million/day CN¥- CN¥- ▲ +18 days
2020 42 days CN¥36.77 Million CN¥882.91K/day CN¥- CN¥- ▲ +8 days
2019 34 days CN¥42.64 Million CN¥1.26 Million/day CN¥- CN¥- ▼ -14 days
2018 48 days CN¥67.41 Million CN¥1.40 Million/day CN¥- CN¥- ▼ -60 days
2017 108 days CN¥275.77 Million CN¥2.56 Million/day CN¥- CN¥- ▲ +34 days
2016 73 days CN¥311.70 Million CN¥4.24 Million/day CN¥- CN¥- ▲ +7 days
2015 66 days CN¥316.43 Million CN¥4.78 Million/day CN¥- CN¥50.00K ▼ -21 days
2014 87 days CN¥430.54 Million CN¥4.93 Million/day CN¥- CN¥- ▼ -44 days
2013 131 days CN¥625.79 Million CN¥4.77 Million/day CN¥- CN¥- ▲ +5 days
2012 126 days CN¥847.58 Million CN¥6.72 Million/day CN¥- CN¥- ▲ +43 days
2011 83 days CN¥711.20 Million CN¥8.56 Million/day CN¥- CN¥- ▲ +27 days
2010 56 days CN¥448.56 Million CN¥8.02 Million/day CN¥- CN¥- ▼ -21 days
2009 76 days CN¥545.89 Million CN¥7.14 Million/day CN¥- CN¥- ▲ +49 days
2008 28 days CN¥172.84 Million CN¥6.20 Million/day CN¥- CN¥- ▼ -57 days
2007 85 days CN¥428.69 Million CN¥5.04 Million/day CN¥- CN¥- ▲ +56 days
2006 29 days CN¥133.84 Million CN¥4.58 Million/day CN¥- CN¥- ▼ -96 days
2005 125 days CN¥444.48 Million CN¥3.55 Million/day CN¥- CN¥- ▼ -38 days
2004 164 days CN¥521.08 Million CN¥3.19 Million/day CN¥- CN¥3.00 Million ▼ -42 days
2003 206 days CN¥606.14 Million CN¥2.95 Million/day CN¥- CN¥- ▼ -19 days
2002 225 days CN¥564.49 Million CN¥2.51 Million/day CN¥- CN¥2.00 Million ▲ +201 days
2001 23 days CN¥58.89 Million CN¥2.52 Million/day CN¥- CN¥56.40 Million ▼ -80 days
2000 103 days CN¥213.32 Million CN¥2.06 Million/day CN¥- CN¥180.00 Million ▲ +87 days
1999 16 days CN¥30.30 Million CN¥1.89 Million/day CN¥- CN¥- ▼ -8 days
1998 24 days CN¥43.27 Million CN¥1.83 Million/day CN¥- CN¥- ▼ -1 days
1997 25 days CN¥39.39 Million CN¥1.60 Million/day CN¥- CN¥- —
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)