Zhejiang Taihua New Material (603055) — Defensive Interval Ratio

Latest as of March 2026: 86 days

Zhejiang Taihua New Material (603055) has a Defensive Interval Ratio of 86 days as of March 2026. Defensive assets of CN¥951.63 Million (cash CN¥-, short-term investments CN¥20.00 Million, receivables CN¥931.63 Million) cover 86 days of daily cash needs of CN¥11.10 Million/day. Check Zhejiang Taihua New Material tangible net worth ratio to evaluate the tangible quality of the company's equity base.

Defensive Interval Ratio

86 days
Days of operational coverage

Defensive Assets

CN¥951.63 Million
Cash + ST Investments + Receivables

Daily Cash Need

CN¥11.10 Million
Current Liabilities ÷ 365

Current Liabilities

CN¥4.05 Billion
CNY

Zhejiang Taihua New Material Defensive Interval Ratio (2012–2025)

This chart shows how Zhejiang Taihua New Material's Defensive Interval Ratio has evolved across 14 annual periods from 2012 to 2025. As of March 2026, the ratio stands at 86 days, meaning defensive assets of CN¥951.63 Million can fund 86 days of operations without new revenue. Also explore how fast is Zhejiang Taihua New Material growing its equity to track the company's year-over-year net asset growth rate.

Annual Defensive Interval Ratio for Zhejiang Taihua New Material (2012–2025)

The table below presents the year-by-year Defensive Interval Ratio for Zhejiang Taihua New Material from 2012 to 2025, 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 market cap of Zhejiang Taihua New Material.

Year DIR (days) Defensive Assets (CNY) Daily Cash Need Cash ST Investments Change (days)
2025 112 days CN¥1.06 Billion CN¥9.46 Million/day CN¥- CN¥20.00 Million ▼ -9 days
2024 121 days CN¥1.56 Billion CN¥12.87 Million/day CN¥- CN¥- ▼ -13 days
2023 135 days CN¥1.41 Billion CN¥10.44 Million/day CN¥- CN¥- ▼ -1 days
2022 136 days CN¥789.73 Million CN¥5.82 Million/day CN¥- CN¥61.88 Million ▼ -65 days
2021 201 days CN¥1.03 Billion CN¥5.13 Million/day CN¥- CN¥86.52 Million ▼ -7 days
2020 208 days CN¥784.27 Million CN¥3.76 Million/day CN¥- CN¥130.25 Million ▲ +16 days
2019 192 days CN¥714.91 Million CN¥3.72 Million/day CN¥- CN¥100.03 Million ▲ +52 days
2018 140 days CN¥493.35 Million CN¥3.52 Million/day CN¥- CN¥- ▼ -125 days
2017 265 days CN¥728.91 Million CN¥2.75 Million/day CN¥- CN¥300.00 Million ▲ +171 days
2016 95 days CN¥392.97 Million CN¥4.14 Million/day CN¥- CN¥- ▼ -17 days
2015 112 days CN¥564.10 Million CN¥5.05 Million/day CN¥- CN¥- ▲ +9 days
2014 103 days CN¥584.40 Million CN¥5.70 Million/day CN¥- CN¥- ▲ +0 days
2013 102 days CN¥613.62 Million CN¥6.00 Million/day CN¥- CN¥- ▲ +17 days
2012 86 days CN¥471.26 Million CN¥5.49 Million/day CN¥- CN¥- —
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)