Shanghai Sinotec Co Ltd (603121) — Defensive Interval Ratio

Latest as of September 2025: 234 days

Shanghai Sinotec Co Ltd (603121) has a Defensive Interval Ratio of 234 days as of September 2025. Defensive assets of CN¥386.04 Million (cash CN¥-, short-term investments CN¥10.26 Million, receivables CN¥375.77 Million) cover 234 days of daily cash needs of CN¥1.65 Million/day.

Defensive Interval Ratio

234 days
Days of operational coverage

Defensive Assets

CN¥386.04 Million
Cash + ST Investments + Receivables

Daily Cash Need

CN¥1.65 Million
Current Liabilities ÷ 365

Current Liabilities

CN¥601.48 Million
CNY

Shanghai Sinotec Co Ltd Defensive Interval Ratio (2014–2024)

This chart shows how Shanghai Sinotec Co Ltd's Defensive Interval Ratio has evolved across 11 annual periods from 2014 to 2024. As of September 2025, the ratio stands at 234 days, meaning defensive assets of CN¥386.04 Million can fund 234 days of operations without new revenue. For the complete balance sheet picture, see 603121 current and non-current assets.

Annual Defensive Interval Ratio for Shanghai Sinotec Co Ltd (2014–2024)

The table below presents the year-by-year Defensive Interval Ratio for Shanghai Sinotec Co Ltd from 2014 to 2024, covering 11 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 Shanghai Sinotec Co Ltd (603121) liquidity to equity ratio 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 327 days CN¥433.64 Million CN¥1.33 Million/day CN¥- CN¥10.01 Million ▲ +35 days
2023 292 days CN¥483.76 Million CN¥1.66 Million/day CN¥- CN¥- ▲ +95 days
2022 197 days CN¥499.22 Million CN¥2.54 Million/day CN¥- CN¥100.63 Million ▼ -377 days
2021 574 days CN¥557.20 Million CN¥970.98K/day CN¥- CN¥243.19 Million ▲ +161 days
2020 412 days CN¥458.69 Million CN¥1.11 Million/day CN¥- CN¥190.05 Million ▼ -342 days
2019 754 days CN¥615.81 Million CN¥816.57K/day CN¥- CN¥427.01 Million ▲ +376 days
2018 378 days CN¥158.39 Million CN¥419.30K/day CN¥- CN¥- ▼ -153 days
2017 530 days CN¥160.68 Million CN¥302.95K/day CN¥- CN¥- ▲ +76 days
2016 454 days CN¥97.62 Million CN¥214.99K/day CN¥- CN¥- ▲ +239 days
2015 215 days CN¥89.58 Million CN¥415.74K/day CN¥- CN¥- ▼ -86 days
2014 302 days CN¥65.05 Million CN¥215.44K/day CN¥- CN¥- —
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)