Shandong Swan Cotton (603029) — Defensive Interval Ratio

Latest as of September 2025: 72 days

Shandong Swan Cotton (603029) has a Defensive Interval Ratio of 72 days as of September 2025. Defensive assets of CN¥233.53 Million (cash CN¥-, short-term investments CN¥-, receivables CN¥233.53 Million) cover 72 days of daily cash needs of CN¥3.25 Million/day. Check Shandong Swan Cotton tangible equity quality to evaluate the tangible quality of the company's equity base.

Defensive Interval Ratio

72 days
Days of operational coverage

Defensive Assets

CN¥233.53 Million
Cash + ST Investments + Receivables

Daily Cash Need

CN¥3.25 Million
Current Liabilities ÷ 365

Current Liabilities

CN¥1.19 Billion
CNY

Shandong Swan Cotton Defensive Interval Ratio (2011–2024)

This chart shows how Shandong Swan Cotton's Defensive Interval Ratio has evolved across 14 annual periods from 2011 to 2024. As of September 2025, the ratio stands at 72 days, meaning defensive assets of CN¥233.53 Million can fund 72 days of operations without new revenue. Also explore 603029 net assets growth trend to track the company's year-over-year net asset growth rate.

Annual Defensive Interval Ratio for Shandong Swan Cotton (2011–2024)

The table below presents the year-by-year Defensive Interval Ratio for Shandong Swan Cotton from 2011 to 2024, covering 14 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 how much is Shandong Swan Cotton worth.

Year DIR (days) Defensive Assets (CNY) Daily Cash Need Cash ST Investments Change (days)
2024 60 days CN¥192.59 Million CN¥3.19 Million/day CN¥- CN¥- ▲ +12 days
2023 48 days CN¥160.12 Million CN¥3.33 Million/day CN¥- CN¥- ▼ -20 days
2022 68 days CN¥176.30 Million CN¥2.58 Million/day CN¥- CN¥- ▼ -21 days
2021 89 days CN¥112.41 Million CN¥1.26 Million/day CN¥- CN¥- ▼ -26 days
2020 115 days CN¥140.66 Million CN¥1.22 Million/day CN¥- CN¥- ▼ -133 days
2019 249 days CN¥262.75 Million CN¥1.06 Million/day CN¥- CN¥- ▼ -115 days
2018 364 days CN¥313.72 Million CN¥862.13K/day CN¥- CN¥- ▼ -339 days
2017 703 days CN¥332.77 Million CN¥473.53K/day CN¥- CN¥100.00 Million ▼ -64 days
2016 767 days CN¥312.39 Million CN¥407.49K/day CN¥- CN¥120.00 Million ▲ +362 days
2015 404 days CN¥275.95 Million CN¥682.57K/day CN¥- CN¥- ▲ +169 days
2014 236 days CN¥225.91 Million CN¥958.77K/day CN¥- CN¥- ▲ +89 days
2013 146 days CN¥238.08 Million CN¥1.63 Million/day CN¥- CN¥- ▼ -3 days
2012 149 days CN¥194.52 Million CN¥1.30 Million/day CN¥- CN¥- ▼ -19 days
2011 169 days CN¥155.55 Million CN¥922.45K/day CN¥- CN¥- —
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)