Fangda Special Steel Technology Co Ltd (600507) — Defensive Interval Ratio

Latest as of September 2025: 119 days

Fangda Special Steel Technology Co Ltd (600507) has a Defensive Interval Ratio of 119 days as of September 2025. Defensive assets of CN¥3.59 Billion (cash CN¥-, short-term investments CN¥795.57 Million, receivables CN¥2.80 Billion) cover 119 days of daily cash needs of CN¥30.08 Million/day. Check how tangible is Fangda Special Steel Technology Co Ltd's equity to evaluate the tangible quality of the company's equity base.

Defensive Interval Ratio

119 days
Days of operational coverage

Defensive Assets

CN¥3.59 Billion
Cash + ST Investments + Receivables

Daily Cash Need

CN¥30.08 Million
Current Liabilities ÷ 365

Current Liabilities

CN¥10.98 Billion
CNY

Fangda Special Steel Technology Co Ltd Defensive Interval Ratio (1999–2024)

This chart shows how Fangda Special Steel Technology Co Ltd's Defensive Interval Ratio has evolved across 26 annual periods from 1999 to 2024. As of September 2025, the ratio stands at 119 days, meaning defensive assets of CN¥3.59 Billion can fund 119 days of operations without new revenue. Also explore 600507 shareholders equity momentum to track the company's year-over-year net asset growth rate.

Annual Defensive Interval Ratio for Fangda Special Steel Technology Co Ltd (1999–2024)

The table below presents the year-by-year Defensive Interval Ratio for Fangda Special Steel Technology Co Ltd from 1999 to 2024, covering 26 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 Fangda Special Steel Technology Co Ltd.

Year DIR (days) Defensive Assets (CNY) Daily Cash Need Cash ST Investments Change (days)
2024 108 days CN¥2.64 Billion CN¥24.42 Million/day CN¥- CN¥325.73 Million ▲ +7 days
2023 101 days CN¥2.63 Billion CN¥26.07 Million/day CN¥- CN¥315.14 Million ▲ +17 days
2022 84 days CN¥1.81 Billion CN¥21.63 Million/day CN¥- CN¥690.58 Million ▼ -58 days
2021 141 days CN¥3.95 Billion CN¥27.98 Million/day CN¥- CN¥194.12 Million ▲ +25 days
2020 117 days CN¥1.34 Billion CN¥11.47 Million/day CN¥- CN¥994.00K ▼ -12 days
2019 129 days CN¥2.11 Billion CN¥16.31 Million/day CN¥- CN¥640.00K ▲ +58 days
2018 71 days CN¥542.83 Million CN¥7.68 Million/day CN¥- CN¥435.00K ▼ -109 days
2017 180 days CN¥1.66 Billion CN¥9.24 Million/day CN¥- CN¥888.00K ▲ +94 days
2016 86 days CN¥1.29 Billion CN¥14.95 Million/day CN¥- CN¥1.21 Million ▼ -6 days
2015 92 days CN¥1.75 Billion CN¥19.00 Million/day CN¥- CN¥1.37 Million ▲ +11 days
2014 82 days CN¥1.35 Billion CN¥16.48 Million/day CN¥- CN¥921.00K ▼ -8 days
2013 90 days CN¥1.77 Billion CN¥19.65 Million/day CN¥- CN¥814.00K ▲ +17 days
2012 72 days CN¥1.32 Billion CN¥18.19 Million/day CN¥- CN¥550.00K ▲ +21 days
2011 52 days CN¥907.50 Million CN¥17.59 Million/day CN¥- CN¥482.00K ▼ -8 days
2010 60 days CN¥822.36 Million CN¥13.74 Million/day CN¥- CN¥826.00K ▼ -5 days
2009 65 days CN¥813.79 Million CN¥12.54 Million/day CN¥- CN¥718.00K ▲ +57 days
2008 8 days CN¥100.21 Million CN¥12.37 Million/day CN¥- CN¥353.00K ▼ -1 days
2007 9 days CN¥84.38 Million CN¥9.74 Million/day CN¥- CN¥1.63 Million ▲ +0 days
2006 8 days CN¥80.44 Million CN¥9.53 Million/day CN¥- CN¥1.32 Million ▼ -45 days
2005 54 days CN¥109.00 Million CN¥2.04 Million/day CN¥- CN¥7.26 Million ▼ -37 days
2004 90 days CN¥176.14 Million CN¥1.95 Million/day CN¥- CN¥4.77 Million ▼ -36 days
2003 127 days CN¥132.68 Million CN¥1.05 Million/day CN¥- CN¥- ▲ +30 days
2002 97 days CN¥51.12 Million CN¥526.53K/day CN¥- CN¥82.36K ▼ -17 days
2001 114 days CN¥56.31 Million CN¥495.00K/day CN¥- CN¥- ▼ -76 days
2000 190 days CN¥55.05 Million CN¥289.36K/day CN¥- CN¥- ▼ -74 days
1999 264 days CN¥67.32 Million CN¥254.72K/day CN¥- CN¥- —
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)