Hubei Jianghan New Materials Co. Ltd. A (603281) — Defensive Interval Ratio

Latest as of June 2026: 375 days

Hubei Jianghan New Materials Co. Ltd. A (603281) has a Defensive Interval Ratio of 375 days as of June 2026. Defensive assets of CN¥298.08 Million (cash CN¥-, short-term investments CN¥188.55K, receivables CN¥297.89 Million) cover 375 days of daily cash needs of CN¥795.07K/day.

Defensive Interval Ratio

375 days
Days of operational coverage

Defensive Assets

CN¥298.08 Million
Cash + ST Investments + Receivables

Daily Cash Need

CN¥795.07K
Current Liabilities ÷ 365

Current Liabilities

CN¥290.20 Million
CNY

Hubei Jianghan New Materials Co. Ltd. A Defensive Interval Ratio (2021–2025)

This chart shows how Hubei Jianghan New Materials Co. Ltd. A's Defensive Interval Ratio has evolved across 5 annual periods from 2021 to 2025. As of June 2026, the ratio stands at 375 days, meaning defensive assets of CN¥298.08 Million can fund 375 days of operations without new revenue. For the complete balance sheet picture, see 603281 total asset value.

Annual Defensive Interval Ratio for Hubei Jianghan New Materials Co. Ltd. A (2021–2025)

The table below presents the year-by-year Defensive Interval Ratio for Hubei Jianghan New Materials Co. Ltd. A from 2021 to 2025, covering 5 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 603281 net working capital 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 215 days CN¥230.02 Million CN¥1.07 Million/day CN¥- CN¥- ▼ -980 days
2024 1194 days CN¥1.03 Billion CN¥864.62K/day CN¥- CN¥757.52 Million ▲ +734 days
2023 461 days CN¥434.35 Million CN¥943.06K/day CN¥- CN¥200.03 Million ▲ +191 days
2022 269 days CN¥374.63 Million CN¥1.39 Million/day CN¥- CN¥37.88 Million ▼ -51 days
2021 320 days CN¥511.93 Million CN¥1.60 Million/day CN¥- CN¥9.09 Million
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)