Jiangsu Hengxing New Material (603276) — Defensive Interval Ratio
Jiangsu Hengxing New Material (603276) has a Defensive Interval Ratio of 1970 days as of March 2026. Defensive assets of CN¥531.57 Million (cash CN¥-, short-term investments CN¥447.82 Million, receivables CN¥83.75 Million) cover 1970 days of daily cash needs of CN¥269.81K/day.
Defensive Interval Ratio
Defensive Assets
Daily Cash Need
Current Liabilities
Jiangsu Hengxing New Material Defensive Interval Ratio (2017–2025)
This chart shows how Jiangsu Hengxing New Material's Defensive Interval Ratio has evolved across 9 annual periods from 2017 to 2025. As of March 2026, the ratio stands at 1970 days, meaning defensive assets of CN¥531.57 Million can fund 1970 days of operations without new revenue. For the complete balance sheet picture, see 603276 total assets.
Annual Defensive Interval Ratio for Jiangsu Hengxing New Material (2017–2025)
The table below presents the year-by-year Defensive Interval Ratio for Jiangsu Hengxing New Material from 2017 to 2025, covering 9 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 Jiangsu Hengxing New Material current assets vs equity 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 | 1824 days | CN¥510.61 Million | CN¥280.01K/day | CN¥- | CN¥426.20 Million | ▼ -2170 days |
| 2024 | 3994 days | CN¥673.15 Million | CN¥168.56K/day | CN¥- | CN¥538.97 Million | ▲ +1318 days |
| 2023 | 2675 days | CN¥686.84 Million | CN¥256.75K/day | CN¥- | CN¥556.52 Million | ▲ +2550 days |
| 2022 | 125 days | CN¥75.06 Million | CN¥598.92K/day | CN¥- | CN¥- | ▼ -112 days |
| 2021 | 237 days | CN¥184.55 Million | CN¥777.30K/day | CN¥- | CN¥17.21 Million | ▲ +81 days |
| 2020 | 157 days | CN¥62.35 Million | CN¥397.44K/day | CN¥- | CN¥- | ▼ -926 days |
| 2019 | 1083 days | CN¥213.19 Million | CN¥196.90K/day | CN¥- | CN¥104.86 Million | ▲ +466 days |
| 2018 | 616 days | CN¥71.72 Million | CN¥116.39K/day | CN¥- | CN¥- | ▲ +391 days |
| 2017 | 226 days | CN¥44.99 Million | CN¥199.33K/day | CN¥- | CN¥- | — |