Rongsheng Paper Defensive Interval Ratio

Latest as of March 2026: 574 days

Rongsheng Paper defensive interval ratio. Rongsheng Paper (603165) has a Defensive Interval Ratio of 574 days as of March 2026. Defensive assets of CN¥3.01 Billion (cash CN¥-, short-term investments CN¥2.78 Billion, receivables CN¥232.23 Million) cover 574 days of daily cash needs of CN¥5.24 Million/day. See Rongsheng Paper (603165) working capital ratio to evaluate short-term liquidity relative to the company's equity base.

Defensive Interval Ratio

574 days
Days of operational coverage

Defensive Assets

CN¥3.01 Billion
Cash + ST Investments + Receivables

Daily Cash Need

CN¥5.24 Million
Current Liabilities ÷ 365

Current Liabilities

CN¥1.91 Billion
CNY

Defensive Interval Ratio of Rongsheng Paper (2011–2025)

Defensive interval ratio of Rongsheng Paper from 2011 to 2025. This chart shows how Rongsheng Paper's Defensive Interval Ratio has evolved across 15 annual periods from 2011 to 2025. As of March 2026, the ratio stands at 574 days, meaning defensive assets of CN¥3.01 Billion can fund 574 days of operations without new revenue. Read 603165 total liabilities for a breakdown of total debt and financial obligations.

Rongsheng Paper Defensive Interval Ratio by Year (2011–2025)

Rongsheng Paper defensive interval ratio by year from 2011 to 2025. The table below presents the year-by-year Defensive Interval Ratio for Rongsheng Paper from 2011 to 2025, covering 15 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 the complete balance sheet picture, see 603165 current and non-current assets.

Year DIR (days) Defensive Assets (CNY) Daily Cash Need Cash ST Investments Change (days)
2025 564 days CN¥3.05 Billion CN¥5.41 Million/day CN¥- CN¥2.80 Billion ▲ +183 days
2024 381 days CN¥1.91 Billion CN¥5.00 Million/day CN¥- CN¥1.15 Billion ▼ -121 days
2023 502 days CN¥1.21 Billion CN¥2.40 Million/day CN¥- CN¥661.52 Million ▲ +170 days
2022 333 days CN¥582.72 Million CN¥1.75 Million/day CN¥- CN¥- ▼ -402 days
2021 735 days CN¥1.09 Billion CN¥1.48 Million/day CN¥- CN¥647.42 Million ▼ -247 days
2020 982 days CN¥554.29 Million CN¥564.39K/day CN¥- CN¥251.27 Million ▲ +77 days
2019 905 days CN¥455.79 Million CN¥503.65K/day CN¥- CN¥179.00 Million ▼ -57 days
2018 962 days CN¥472.81 Million CN¥491.73K/day CN¥- CN¥- ▼ -20 days
2017 981 days CN¥591.46 Million CN¥602.63K/day CN¥- CN¥35.00 Million ▲ +788 days
2016 193 days CN¥230.54 Million CN¥1.19 Million/day CN¥- CN¥- ▼ -11 days
2015 205 days CN¥144.56 Million CN¥706.62K/day CN¥- CN¥- ▼ -19 days
2014 223 days CN¥174.95 Million CN¥783.94K/day CN¥- CN¥- ▲ +25 days
2013 199 days CN¥154.25 Million CN¥776.75K/day CN¥- CN¥- ▲ +56 days
2012 143 days CN¥132.21 Million CN¥925.86K/day CN¥- CN¥- ▲ +19 days
2011 124 days CN¥116.52 Million CN¥937.49K/day CN¥- CN¥- —
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)