Zhejiang Tiantai Xianghe Industrial Co Ltd (603500) — Defensive Interval Ratio

Latest as of September 2025: 484 days

Zhejiang Tiantai Xianghe Industrial Co Ltd (603500) has a Defensive Interval Ratio of 484 days as of September 2025. Defensive assets of CN¥512.14 Million (cash CN¥-, short-term investments CN¥-, receivables CN¥512.14 Million) cover 484 days of daily cash needs of CN¥1.06 Million/day. Check tangible net worth ratio of Zhejiang Tiantai Xianghe Industrial Co L to evaluate the tangible quality of the company's equity base.

Defensive Interval Ratio

484 days
Days of operational coverage

Defensive Assets

CN¥512.14 Million
Cash + ST Investments + Receivables

Daily Cash Need

CN¥1.06 Million
Current Liabilities ÷ 365

Current Liabilities

CN¥386.11 Million
CNY

Zhejiang Tiantai Xianghe Industrial Co Ltd Defensive Interval Ratio (2013–2024)

This chart shows how Zhejiang Tiantai Xianghe Industrial Co Ltd's Defensive Interval Ratio has evolved across 12 annual periods from 2013 to 2024. As of September 2025, the ratio stands at 484 days, meaning defensive assets of CN¥512.14 Million can fund 484 days of operations without new revenue. Also explore 603500 net asset momentum to track the company's year-over-year net asset growth rate.

Annual Defensive Interval Ratio for Zhejiang Tiantai Xianghe Industrial Co Ltd (2013–2024)

The table below presents the year-by-year Defensive Interval Ratio for Zhejiang Tiantai Xianghe Industrial Co Ltd 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 603500 company net worth.

Year DIR (days) Defensive Assets (CNY) Daily Cash Need Cash ST Investments Change (days)
2024 386 days CN¥411.71 Million CN¥1.07 Million/day CN¥- CN¥- ▼ -349 days
2023 735 days CN¥428.58 Million CN¥583.20K/day CN¥- CN¥75.00 Million ▲ +168 days
2022 567 days CN¥327.83 Million CN¥578.22K/day CN¥- CN¥21.70 Million ▼ -60 days
2021 627 days CN¥316.16 Million CN¥504.14K/day CN¥- CN¥15.00 Million ▼ -303 days
2020 931 days CN¥274.48 Million CN¥294.97K/day CN¥- CN¥20.00 Million ▼ -670 days
2019 1600 days CN¥272.23 Million CN¥170.13K/day CN¥- CN¥- ▲ +349 days
2018 1251 days CN¥250.30 Million CN¥200.00K/day CN¥- CN¥- ▼ -1346 days
2017 2597 days CN¥563.43 Million CN¥216.95K/day CN¥- CN¥270.00 Million ▲ +1889 days
2016 708 days CN¥228.31 Million CN¥322.54K/day CN¥- CN¥- ▲ +360 days
2015 348 days CN¥202.88 Million CN¥582.79K/day CN¥- CN¥- ▲ +5 days
2014 343 days CN¥125.40 Million CN¥365.80K/day CN¥- CN¥- ▼ -199 days
2013 542 days CN¥137.42 Million CN¥253.51K/day CN¥- CN¥- —
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)