Shandong Yulong Gold Co Ltd (601028) — Defensive Interval Ratio

Latest as of September 2024: 238 days

Shandong Yulong Gold Co Ltd (601028) has a Defensive Interval Ratio of 238 days as of September 2024. Defensive assets of CN¥3.57 Billion (cash CN¥-, short-term investments CN¥1.73 Million, receivables CN¥3.57 Billion) cover 238 days of daily cash needs of CN¥15.01 Million/day. See working capital to net assets of Shandong Yulong Gold Co Ltd to evaluate short-term liquidity relative to the company's equity base.

Defensive Interval Ratio

238 days
Days of operational coverage

Defensive Assets

CN¥3.57 Billion
Cash + ST Investments + Receivables

Daily Cash Need

CN¥15.01 Million
Current Liabilities ÷ 365

Current Liabilities

CN¥5.48 Billion
CNY

Shandong Yulong Gold Co Ltd Defensive Interval Ratio (2008–2023)

This chart shows how Shandong Yulong Gold Co Ltd's Defensive Interval Ratio has evolved across 16 annual periods from 2008 to 2023. As of September 2024, the ratio stands at 238 days, meaning defensive assets of CN¥3.57 Billion can fund 238 days of operations without new revenue. See Shandong Yulong Gold Co Ltd net asset quality index to measure how much of total assets are equity-financed.

Annual Defensive Interval Ratio for Shandong Yulong Gold Co Ltd (2008–2023)

The table below presents the year-by-year Defensive Interval Ratio for Shandong Yulong Gold Co Ltd from 2008 to 2023, covering 16 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 601028 market cap.

Year DIR (days) Defensive Assets (CNY) Daily Cash Need Cash ST Investments Change (days)
2023 168 days CN¥2.56 Billion CN¥15.26 Million/day CN¥- CN¥7.79 Million ▲ +9 days
2022 159 days CN¥954.68 Million CN¥6.00 Million/day CN¥- CN¥- ▼ -5 days
2021 164 days CN¥442.02 Million CN¥2.69 Million/day CN¥- CN¥4.46 Million ▲ +40 days
2020 125 days CN¥480.83 Million CN¥3.86 Million/day CN¥- CN¥- ▲ +40 days
2019 85 days CN¥34.68 Million CN¥409.65K/day CN¥- CN¥4.29 Million ▼ -153 days
2018 238 days CN¥264.70 Million CN¥1.11 Million/day CN¥- CN¥- ▲ +101 days
2017 137 days CN¥200.35 Million CN¥1.46 Million/day CN¥- CN¥- ▼ -143 days
2016 279 days CN¥871.94 Million CN¥3.12 Million/day CN¥- CN¥100.00 Million ▼ -231 days
2015 511 days CN¥807.90 Million CN¥1.58 Million/day CN¥- CN¥270.00 Million ▲ +311 days
2014 200 days CN¥764.66 Million CN¥3.82 Million/day CN¥- CN¥- ▲ +19 days
2013 181 days CN¥551.44 Million CN¥3.05 Million/day CN¥- CN¥- ▼ -18 days
2012 199 days CN¥489.25 Million CN¥2.46 Million/day CN¥- CN¥- ▲ +24 days
2011 175 days CN¥486.08 Million CN¥2.77 Million/day CN¥- CN¥- ▲ +79 days
2010 97 days CN¥270.56 Million CN¥2.80 Million/day CN¥- CN¥- ▲ +30 days
2009 66 days CN¥179.21 Million CN¥2.70 Million/day CN¥- CN¥- ▼ -6 days
2008 72 days CN¥181.99 Million CN¥2.53 Million/day CN¥- CN¥- —
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)