Opple Lighting Co Ltd (603515) — Defensive Interval Ratio

Latest as of September 2025: 553 days

Opple Lighting Co Ltd (603515) has a Defensive Interval Ratio of 553 days as of September 2025. Defensive assets of CN¥3.77 Billion (cash CN¥-, short-term investments CN¥2.95 Billion, receivables CN¥820.30 Million) cover 553 days of daily cash needs of CN¥6.81 Million/day. See Opple Lighting Co Ltd (603515) working capital ratio to evaluate short-term liquidity relative to the company's equity base.

Defensive Interval Ratio

553 days
Days of operational coverage

Defensive Assets

CN¥3.77 Billion
Cash + ST Investments + Receivables

Daily Cash Need

CN¥6.81 Million
Current Liabilities ÷ 365

Current Liabilities

CN¥2.49 Billion
CNY

Opple Lighting Co Ltd Defensive Interval Ratio (2011–2024)

This chart shows how Opple Lighting Co Ltd's Defensive Interval Ratio has evolved across 14 annual periods from 2011 to 2024. As of September 2025, the ratio stands at 553 days, meaning defensive assets of CN¥3.77 Billion can fund 553 days of operations without new revenue. See debt-free asset ratio of Opple Lighting Co Ltd to measure how much of total assets are equity-financed.

Annual Defensive Interval Ratio for Opple Lighting Co Ltd (2011–2024)

The table below presents the year-by-year Defensive Interval Ratio for Opple Lighting Co Ltd 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 Opple Lighting Co Ltd (603515) market capitalisation.

Year DIR (days) Defensive Assets (CNY) Daily Cash Need Cash ST Investments Change (days)
2024 627 days CN¥4.86 Billion CN¥7.75 Million/day CN¥- CN¥4.08 Billion ▲ +517 days
2023 111 days CN¥951.24 Million CN¥8.60 Million/day CN¥- CN¥281.73 Million ▼ -448 days
2022 559 days CN¥3.93 Billion CN¥7.02 Million/day CN¥- CN¥3.28 Billion ▼ -74 days
2021 633 days CN¥5.59 Billion CN¥8.83 Million/day CN¥- CN¥4.94 Billion ▲ +21 days
2020 612 days CN¥5.49 Billion CN¥8.98 Million/day CN¥- CN¥4.82 Billion ▼ -1 days
2019 613 days CN¥5.14 Billion CN¥8.39 Million/day CN¥- CN¥4.56 Billion ▲ +498 days
2018 115 days CN¥940.43 Million CN¥8.18 Million/day CN¥- CN¥251.27 Million ▼ -400 days
2017 515 days CN¥3.75 Billion CN¥7.29 Million/day CN¥- CN¥3.29 Billion ▲ +453 days
2016 62 days CN¥342.64 Million CN¥5.51 Million/day CN¥- CN¥1.90 Million ▼ -5 days
2015 67 days CN¥270.15 Million CN¥4.02 Million/day CN¥- CN¥1.73 Million ▲ +12 days
2014 55 days CN¥175.21 Million CN¥3.17 Million/day CN¥- CN¥62.91K ▼ -384 days
2013 439 days CN¥1.27 Billion CN¥2.90 Million/day CN¥- CN¥1.13 Billion ▲ +380 days
2012 60 days CN¥164.34 Million CN¥2.76 Million/day CN¥- CN¥- ▼ -73 days
2011 133 days CN¥360.95 Million CN¥2.72 Million/day CN¥- CN¥220.00 Million —
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)