Three Stars NM (603578) — Defensive Interval Ratio

Latest as of March 2026: 119 days

Three Stars NM (603578) has a Defensive Interval Ratio of 119 days as of March 2026. Defensive assets of CN¥688.34 Million (cash CN¥-, short-term investments CN¥7.30 Million, receivables CN¥681.04 Million) cover 119 days of daily cash needs of CN¥5.80 Million/day. See 603578 working capital ratio to evaluate short-term liquidity relative to the company's equity base.

Defensive Interval Ratio

119 days
Days of operational coverage

Defensive Assets

CN¥688.34 Million
Cash + ST Investments + Receivables

Daily Cash Need

CN¥5.80 Million
Current Liabilities ÷ 365

Current Liabilities

CN¥2.12 Billion
CNY

Three Stars NM Defensive Interval Ratio (2012–2025)

This chart shows how Three Stars NM's Defensive Interval Ratio has evolved across 14 annual periods from 2012 to 2025. As of March 2026, the ratio stands at 119 days, meaning defensive assets of CN¥688.34 Million can fund 119 days of operations without new revenue. See 603578 net asset quality index to measure how much of total assets are equity-financed.

Annual Defensive Interval Ratio for Three Stars NM (2012–2025)

The table below presents the year-by-year Defensive Interval Ratio for Three Stars NM from 2012 to 2025, 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 603578 company net worth.

Year DIR (days) Defensive Assets (CNY) Daily Cash Need Cash ST Investments Change (days)
2025 103 days CN¥589.84 Million CN¥5.72 Million/day CN¥- CN¥7.18 Million ▼ -49 days
2024 152 days CN¥599.75 Million CN¥3.94 Million/day CN¥- CN¥13.21 Million ▼ -95 days
2023 247 days CN¥534.87 Million CN¥2.16 Million/day CN¥- CN¥21.90 Million ▼ -813 days
2022 1060 days CN¥656.41 Million CN¥619.04K/day CN¥- CN¥19.85 Million ▲ +248 days
2021 812 days CN¥674.48 Million CN¥830.29K/day CN¥- CN¥8.27 Million ▲ +302 days
2020 510 days CN¥274.14 Million CN¥537.02K/day CN¥- CN¥- ▼ -102 days
2019 612 days CN¥235.95 Million CN¥385.45K/day CN¥- CN¥99.40 Million ▼ -442 days
2018 1054 days CN¥268.12 Million CN¥254.29K/day CN¥- CN¥108.16K ▼ -230 days
2017 1284 days CN¥369.83 Million CN¥288.05K/day CN¥- CN¥130.00 Million ▲ +584 days
2016 700 days CN¥147.27 Million CN¥210.32K/day CN¥- CN¥- ▼ -50 days
2015 751 days CN¥126.33 Million CN¥168.31K/day CN¥- CN¥- ▲ +72 days
2014 679 days CN¥114.98 Million CN¥169.33K/day CN¥- CN¥- ▲ +291 days
2013 388 days CN¥103.71 Million CN¥267.26K/day CN¥- CN¥- ▲ +17 days
2012 371 days CN¥84.34 Million CN¥227.11K/day CN¥- CN¥- —
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)