Shanghai Carthane Co Ltd (603037) — Defensive Interval Ratio

Latest as of June 2025: 417 days

Shanghai Carthane Co Ltd (603037) has a Defensive Interval Ratio of 417 days as of June 2025. Defensive assets of CN¥385.20 Million (cash CN¥-, short-term investments CN¥50.17 Million, receivables CN¥335.02 Million) cover 417 days of daily cash needs of CN¥923.38K/day.

Defensive Interval Ratio

417 days
Days of operational coverage

Defensive Assets

CN¥385.20 Million
Cash + ST Investments + Receivables

Daily Cash Need

CN¥923.38K
Current Liabilities ÷ 365

Current Liabilities

CN¥337.03 Million
CNY

Shanghai Carthane Co Ltd Defensive Interval Ratio (2011–2024)

This chart shows how Shanghai Carthane Co Ltd's Defensive Interval Ratio has evolved across 14 annual periods from 2011 to 2024. As of June 2025, the ratio stands at 417 days, meaning defensive assets of CN¥385.20 Million can fund 417 days of operations without new revenue. For the complete balance sheet picture, see 603037 asset base.

Annual Defensive Interval Ratio for Shanghai Carthane Co Ltd (2011–2024)

The table below presents the year-by-year Defensive Interval Ratio for Shanghai Carthane Co Ltd 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. See working capital to net assets of Shanghai Carthane Co Ltd 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 420 days CN¥334.25 Million CN¥795.63K/day CN¥- CN¥55.44K ▼ -33 days
2023 453 days CN¥266.02 Million CN¥587.75K/day CN¥- CN¥30.50K ▲ +86 days
2022 367 days CN¥196.22 Million CN¥535.32K/day CN¥- CN¥35.44K ▼ -117 days
2021 483 days CN¥166.26 Million CN¥343.89K/day CN¥- CN¥56.20K ▼ -141 days
2020 624 days CN¥148.75 Million CN¥238.36K/day CN¥- CN¥- ▼ -350 days
2019 974 days CN¥236.96 Million CN¥243.19K/day CN¥- CN¥- ▲ +226 days
2018 749 days CN¥255.72 Million CN¥341.51K/day CN¥- CN¥- ▲ +111 days
2017 638 days CN¥213.98 Million CN¥335.35K/day CN¥- CN¥- ▼ -189 days
2016 827 days CN¥180.51 Million CN¥218.29K/day CN¥- CN¥- ▼ -837 days
2015 1664 days CN¥127.72 Million CN¥76.77K/day CN¥- CN¥- ▼ -173 days
2014 1836 days CN¥109.83 Million CN¥59.82K/day CN¥- CN¥- ▲ +780 days
2013 1056 days CN¥104.20 Million CN¥98.70K/day CN¥- CN¥- ▲ +634 days
2012 421 days CN¥72.65 Million CN¥172.45K/day CN¥- CN¥- ▼ -155 days
2011 576 days CN¥61.64 Million CN¥106.98K/day CN¥- CN¥- —
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)