China Kings Resources Group Co (603505) — Defensive Interval Ratio

Latest as of September 2025: 139 days

China Kings Resources Group Co (603505) has a Defensive Interval Ratio of 139 days as of September 2025. Defensive assets of CN¥1.27 Billion (cash CN¥-, short-term investments CN¥-, receivables CN¥1.27 Billion) cover 139 days of daily cash needs of CN¥9.08 Million/day. Check 603505 tangible net worth ratio to evaluate the tangible quality of the company's equity base.

Defensive Interval Ratio

139 days
Days of operational coverage

Defensive Assets

CN¥1.27 Billion
Cash + ST Investments + Receivables

Daily Cash Need

CN¥9.08 Million
Current Liabilities ÷ 365

Current Liabilities

CN¥3.32 Billion
CNY

China Kings Resources Group Co Defensive Interval Ratio (2011–2024)

This chart shows how China Kings Resources Group Co's Defensive Interval Ratio has evolved across 14 annual periods from 2011 to 2024. As of September 2025, the ratio stands at 139 days, meaning defensive assets of CN¥1.27 Billion can fund 139 days of operations without new revenue. Also explore 603505 shareholders equity momentum to track the company's year-over-year net asset growth rate.

Annual Defensive Interval Ratio for China Kings Resources Group Co (2011–2024)

The table below presents the year-by-year Defensive Interval Ratio for China Kings Resources Group Co from 2011 to 2024, covering 14 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 603505 market cap.

Year DIR (days) Defensive Assets (CNY) Daily Cash Need Cash ST Investments Change (days)
2024 112 days CN¥959.25 Million CN¥8.55 Million/day CN¥- CN¥- ▼ -39 days
2023 151 days CN¥744.59 Million CN¥4.92 Million/day CN¥- CN¥- ▲ +8 days
2022 143 days CN¥336.74 Million CN¥2.35 Million/day CN¥- CN¥- ▼ -63 days
2021 206 days CN¥363.19 Million CN¥1.76 Million/day CN¥- CN¥- ▲ +38 days
2020 168 days CN¥284.19 Million CN¥1.69 Million/day CN¥- CN¥- ▲ +47 days
2019 121 days CN¥196.17 Million CN¥1.62 Million/day CN¥- CN¥- ▼ -18 days
2018 140 days CN¥225.54 Million CN¥1.61 Million/day CN¥- CN¥- ▲ +25 days
2017 115 days CN¥131.51 Million CN¥1.15 Million/day CN¥- CN¥- ▲ +62 days
2016 53 days CN¥51.92 Million CN¥983.76K/day CN¥- CN¥- ▲ +20 days
2015 33 days CN¥31.45 Million CN¥954.43K/day CN¥- CN¥- ▼ -35 days
2014 68 days CN¥30.22 Million CN¥446.36K/day CN¥- CN¥- ▼ -44 days
2013 112 days CN¥53.09 Million CN¥473.79K/day CN¥- CN¥- ▼ -77 days
2012 189 days CN¥56.68 Million CN¥299.22K/day CN¥- CN¥- ▲ +56 days
2011 134 days CN¥31.01 Million CN¥231.98K/day CN¥- CN¥- —
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)