Apple Flavor&Fragrance Grp (603020) — Defensive Interval Ratio

Latest as of March 2026: 3376 days

Apple Flavor&Fragrance Grp (603020) has a Defensive Interval Ratio of 3376 days as of March 2026. Defensive assets of CN¥1.56 Billion (cash CN¥-, short-term investments CN¥1.25 Billion, receivables CN¥317.98 Million) cover 3376 days of daily cash needs of CN¥463.48K/day. See 603020 working capital efficiency to evaluate short-term liquidity relative to the company's equity base.

Defensive Interval Ratio

3376 days
Days of operational coverage

Defensive Assets

CN¥1.56 Billion
Cash + ST Investments + Receivables

Daily Cash Need

CN¥463.48K
Current Liabilities ÷ 365

Current Liabilities

CN¥169.17 Million
CNY

Apple Flavor&Fragrance Grp Defensive Interval Ratio (2011–2025)

This chart shows how Apple Flavor&Fragrance Grp's Defensive Interval Ratio has evolved across 15 annual periods from 2011 to 2025. As of March 2026, the ratio stands at 3376 days, meaning defensive assets of CN¥1.56 Billion can fund 3376 days of operations without new revenue. See 603020 equity financing ratio to measure how much of total assets are equity-financed.

Annual Defensive Interval Ratio for Apple Flavor&Fragrance Grp (2011–2025)

The table below presents the year-by-year Defensive Interval Ratio for Apple Flavor&Fragrance Grp from 2011 to 2025, covering 15 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 Apple Flavor&Fragrance Grp market capitalisation.

Year DIR (days) Defensive Assets (CNY) Daily Cash Need Cash ST Investments Change (days)
2025 4028 days CN¥1.70 Billion CN¥421.95K/day CN¥- CN¥1.39 Billion ▲ +1096 days
2024 2933 days CN¥1.55 Billion CN¥527.22K/day CN¥- CN¥1.19 Billion ▲ +1848 days
2023 1084 days CN¥1.08 Billion CN¥995.99K/day CN¥- CN¥653.48 Million ▲ +159 days
2022 926 days CN¥1.20 Billion CN¥1.30 Million/day CN¥- CN¥623.81 Million ▼ -372 days
2021 1297 days CN¥1.52 Billion CN¥1.17 Million/day CN¥- CN¥944.57 Million ▼ -27 days
2020 1325 days CN¥1.20 Billion CN¥906.57K/day CN¥- CN¥699.44 Million ▲ +636 days
2019 689 days CN¥586.35 Million CN¥851.38K/day CN¥- CN¥157.25 Million ▼ -47 days
2018 736 days CN¥455.79 Million CN¥619.26K/day CN¥- CN¥8.00 Million ▲ +205 days
2017 531 days CN¥327.26 Million CN¥616.03K/day CN¥- CN¥- ▼ -306 days
2016 838 days CN¥529.22 Million CN¥631.74K/day CN¥- CN¥273.73 Million ▲ +187 days
2015 651 days CN¥481.61 Million CN¥740.22K/day CN¥- CN¥259.93 Million ▲ +294 days
2014 357 days CN¥216.62 Million CN¥607.30K/day CN¥- CN¥- ▲ +54 days
2013 303 days CN¥197.89 Million CN¥653.65K/day CN¥- CN¥- ▼ -47 days
2012 350 days CN¥196.63 Million CN¥562.38K/day CN¥- CN¥- ▲ +117 days
2011 232 days CN¥185.06 Million CN¥796.50K/day CN¥- CN¥- —
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)