Changzhou Tenglong Auto Parts (603158) — Defensive Interval Ratio

Latest as of September 2025: 220 days

Changzhou Tenglong Auto Parts (603158) has a Defensive Interval Ratio of 220 days as of September 2025. Defensive assets of CN¥1.39 Billion (cash CN¥-, short-term investments CN¥97.70 Million, receivables CN¥1.29 Billion) cover 220 days of daily cash needs of CN¥6.31 Million/day.

Defensive Interval Ratio

220 days
Days of operational coverage

Defensive Assets

CN¥1.39 Billion
Cash + ST Investments + Receivables

Daily Cash Need

CN¥6.31 Million
Current Liabilities ÷ 365

Current Liabilities

CN¥2.30 Billion
CNY

Changzhou Tenglong Auto Parts Defensive Interval Ratio (2011–2024)

This chart shows how Changzhou Tenglong Auto Parts's Defensive Interval Ratio has evolved across 14 annual periods from 2011 to 2024. As of September 2025, the ratio stands at 220 days, meaning defensive assets of CN¥1.39 Billion can fund 220 days of operations without new revenue. For the complete balance sheet picture, see total assets of Changzhou Tenglong Auto Parts.

Annual Defensive Interval Ratio for Changzhou Tenglong Auto Parts (2011–2024)

The table below presents the year-by-year Defensive Interval Ratio for Changzhou Tenglong Auto Parts 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 position of Changzhou Tenglong Auto Parts 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 249 days CN¥1.43 Billion CN¥5.74 Million/day CN¥- CN¥36.63 Million ▲ +6 days
2023 243 days CN¥1.40 Billion CN¥5.78 Million/day CN¥- CN¥94.13 Million ▼ -39 days
2022 282 days CN¥1.33 Billion CN¥4.70 Million/day CN¥- CN¥121.46 Million ▼ -60 days
2021 342 days CN¥1.13 Billion CN¥3.32 Million/day CN¥- CN¥240.09 Million ▲ +98 days
2020 245 days CN¥909.62 Million CN¥3.72 Million/day CN¥- CN¥63.21 Million ▲ +22 days
2019 223 days CN¥670.79 Million CN¥3.01 Million/day CN¥- CN¥13.00 Million ▼ -140 days
2018 363 days CN¥432.33 Million CN¥1.19 Million/day CN¥- CN¥25.08 Million ▼ -73 days
2017 436 days CN¥478.02 Million CN¥1.10 Million/day CN¥- CN¥53.39 Million ▼ -140 days
2016 577 days CN¥518.34 Million CN¥899.02K/day CN¥- CN¥136.21 Million ▼ -519 days
2015 1096 days CN¥480.52 Million CN¥438.57K/day CN¥- CN¥252.00 Million ▲ +749 days
2014 347 days CN¥212.60 Million CN¥612.49K/day CN¥- CN¥- ▼ -27 days
2013 374 days CN¥212.31 Million CN¥567.35K/day CN¥- CN¥- ▲ +68 days
2012 306 days CN¥142.62 Million CN¥465.63K/day CN¥- CN¥- ▲ +87 days
2011 219 days CN¥117.92 Million CN¥538.61K/day CN¥- CN¥- —
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)