Grace Fabric Technology Co Ltd (603256) — Defensive Interval Ratio

Latest as of June 2026: 173 days

Grace Fabric Technology Co Ltd (603256) has a Defensive Interval Ratio of 173 days as of June 2026. Defensive assets of CN¥691.93 Million (cash CN¥-, short-term investments CN¥-, receivables CN¥691.93 Million) cover 173 days of daily cash needs of CN¥3.99 Million/day.

Defensive Interval Ratio

173 days
Days of operational coverage

Defensive Assets

CN¥691.93 Million
Cash + ST Investments + Receivables

Daily Cash Need

CN¥3.99 Million
Current Liabilities ÷ 365

Current Liabilities

CN¥1.46 Billion
CNY

Grace Fabric Technology Co Ltd Defensive Interval Ratio (2014–2025)

This chart shows how Grace Fabric Technology Co Ltd's Defensive Interval Ratio has evolved across 12 annual periods from 2014 to 2025. As of June 2026, the ratio stands at 173 days, meaning defensive assets of CN¥691.93 Million can fund 173 days of operations without new revenue. For the complete balance sheet picture, see how large is Grace Fabric Technology Co Ltd's balance sheet.

Annual Defensive Interval Ratio for Grace Fabric Technology Co Ltd (2014–2025)

The table below presents the year-by-year Defensive Interval Ratio for Grace Fabric Technology Co Ltd from 2014 to 2025, covering 12 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 Grace Fabric Technology Co Ltd short-term liquidity 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)
2025 175 days CN¥441.25 Million CN¥2.52 Million/day CN¥- CN¥- ▼ -73 days
2024 248 days CN¥421.54 Million CN¥1.70 Million/day CN¥- CN¥- ▼ -31 days
2023 278 days CN¥429.62 Million CN¥1.54 Million/day CN¥- CN¥53.15 Million ▲ +128 days
2022 151 days CN¥375.39 Million CN¥2.49 Million/day CN¥- CN¥90.37 Million ▼ -307 days
2021 458 days CN¥444.92 Million CN¥971.70K/day CN¥- CN¥75.24 Million ▲ +143 days
2020 315 days CN¥276.03 Million CN¥875.97K/day CN¥- CN¥- ▲ +65 days
2019 251 days CN¥299.50 Million CN¥1.20 Million/day CN¥- CN¥- ▼ -232 days
2018 482 days CN¥272.42 Million CN¥565.13K/day CN¥- CN¥- ▲ +47 days
2017 435 days CN¥250.65 Million CN¥576.06K/day CN¥- CN¥- ▼ -66 days
2016 501 days CN¥246.45 Million CN¥491.74K/day CN¥- CN¥- ▼ -321 days
2015 822 days CN¥255.82 Million CN¥311.15K/day CN¥- CN¥- ▲ +256 days
2014 566 days CN¥245.11 Million CN¥432.88K/day CN¥- CN¥- —
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)