Qingdao Hiron Commercial Cold Chain Co Ltd (603187) — Defensive Interval Ratio

Latest as of June 2026: 348 days

Qingdao Hiron Commercial Cold Chain Co Ltd (603187) has a Defensive Interval Ratio of 348 days as of June 2026. Defensive assets of CN¥1.84 Billion (cash CN¥-, short-term investments CN¥430.00 Million, receivables CN¥1.41 Billion) cover 348 days of daily cash needs of CN¥5.31 Million/day.

Defensive Interval Ratio

348 days
Days of operational coverage

Defensive Assets

CN¥1.84 Billion
Cash + ST Investments + Receivables

Daily Cash Need

CN¥5.31 Million
Current Liabilities ÷ 365

Current Liabilities

CN¥1.94 Billion
CNY

Qingdao Hiron Commercial Cold Chain Co Ltd Defensive Interval Ratio (2012–2025)

This chart shows how Qingdao Hiron Commercial Cold Chain Co Ltd's Defensive Interval Ratio has evolved across 14 annual periods from 2012 to 2025. As of June 2026, the ratio stands at 348 days, meaning defensive assets of CN¥1.84 Billion can fund 348 days of operations without new revenue. For the complete balance sheet picture, see Qingdao Hiron Commercial Cold Chain Co L asset portfolio.

Annual Defensive Interval Ratio for Qingdao Hiron Commercial Cold Chain Co Ltd (2012–2025)

The table below presents the year-by-year Defensive Interval Ratio for Qingdao Hiron Commercial Cold Chain Co Ltd 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. See how liquid is Qingdao Hiron Commercial Cold Chain Co L's working capital 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)
2025 404 days CN¥1.92 Billion CN¥4.77 Million/day CN¥- CN¥786.15 Million ▼ -187 days
2024 591 days CN¥2.21 Billion CN¥3.74 Million/day CN¥- CN¥948.70 Million ▲ +45 days
2023 546 days CN¥2.33 Billion CN¥4.27 Million/day CN¥- CN¥1.05 Billion ▲ +56 days
2022 490 days CN¥1.89 Billion CN¥3.87 Million/day CN¥- CN¥580.00 Million ▲ +170 days
2021 320 days CN¥1.15 Billion CN¥3.59 Million/day CN¥- CN¥330.00 Million ▼ -33 days
2020 352 days CN¥967.39 Million CN¥2.75 Million/day CN¥- CN¥440.00 Million ▲ +149 days
2019 203 days CN¥427.44 Million CN¥2.11 Million/day CN¥- CN¥- ▼ -4 days
2018 206 days CN¥339.83 Million CN¥1.65 Million/day CN¥- CN¥- ▲ +54 days
2017 152 days CN¥217.42 Million CN¥1.43 Million/day CN¥- CN¥- ▼ -50 days
2016 202 days CN¥222.15 Million CN¥1.10 Million/day CN¥- CN¥- ▲ +15 days
2015 186 days CN¥192.25 Million CN¥1.03 Million/day CN¥- CN¥- ▲ +80 days
2014 106 days CN¥97.71 Million CN¥920.86K/day CN¥- CN¥- ▼ -1 days
2013 107 days CN¥102.78 Million CN¥961.29K/day CN¥- CN¥- ▲ +35 days
2012 72 days CN¥47.95 Million CN¥666.15K/day CN¥- CN¥- —
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)