Shandong Daye Co Ltd Class A (603278) — Defensive Interval Ratio

Latest as of September 2025: 139 days

Shandong Daye Co Ltd Class A (603278) has a Defensive Interval Ratio of 139 days as of September 2025. Defensive assets of CN¥1.73 Billion (cash CN¥-, short-term investments CN¥1.44 Million, receivables CN¥1.72 Billion) cover 139 days of daily cash needs of CN¥12.41 Million/day. Check 603278 goodwill-adjusted equity ratio to evaluate the tangible quality of the company's equity base.

Defensive Interval Ratio

139 days
Days of operational coverage

Defensive Assets

CN¥1.73 Billion
Cash + ST Investments + Receivables

Daily Cash Need

CN¥12.41 Million
Current Liabilities ÷ 365

Current Liabilities

CN¥4.53 Billion
CNY

Shandong Daye Co Ltd Class A Defensive Interval Ratio (2013–2024)

This chart shows how Shandong Daye Co Ltd Class A's Defensive Interval Ratio has evolved across 12 annual periods from 2013 to 2024. As of September 2025, the ratio stands at 139 days, meaning defensive assets of CN¥1.73 Billion can fund 139 days of operations without new revenue. Also explore Shandong Daye Co Ltd Class A annual equity growth to track the company's year-over-year net asset growth rate.

Annual Defensive Interval Ratio for Shandong Daye Co Ltd Class A (2013–2024)

The table below presents the year-by-year Defensive Interval Ratio for Shandong Daye Co Ltd Class A from 2013 to 2024, 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. For live market cap and the full company financial profile, see Shandong Daye Co Ltd Class A market cap and net worth.

Year DIR (days) Defensive Assets (CNY) Daily Cash Need Cash ST Investments Change (days)
2024 159 days CN¥1.73 Billion CN¥10.89 Million/day CN¥- CN¥1.00 Million ▼ -8 days
2023 167 days CN¥1.78 Billion CN¥10.68 Million/day CN¥- CN¥156.50K ▲ +3 days
2022 163 days CN¥1.74 Billion CN¥10.64 Million/day CN¥- CN¥170.63K ▼ -16 days
2021 179 days CN¥1.94 Billion CN¥10.84 Million/day CN¥- CN¥101.62 Million ▼ -56 days
2020 235 days CN¥1.78 Billion CN¥7.58 Million/day CN¥- CN¥- ▲ +23 days
2019 212 days CN¥1.06 Billion CN¥4.98 Million/day CN¥- CN¥28.00 Million ▼ -22 days
2018 234 days CN¥1.00 Billion CN¥4.28 Million/day CN¥- CN¥- ▼ -33 days
2017 267 days CN¥927.82 Million CN¥3.48 Million/day CN¥- CN¥90.15 Million ▼ -5 days
2016 272 days CN¥617.55 Million CN¥2.27 Million/day CN¥- CN¥- ▲ +6 days
2015 266 days CN¥585.09 Million CN¥2.20 Million/day CN¥- CN¥- ▲ +40 days
2014 226 days CN¥538.88 Million CN¥2.39 Million/day CN¥- CN¥- ▲ +1 days
2013 225 days CN¥449.78 Million CN¥2.00 Million/day CN¥- CN¥- —
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)