Zhenhai PetroChem Engineering (603637) — Defensive Interval Ratio

Latest as of March 2026: 365 days

Zhenhai PetroChem Engineering (603637) has a Defensive Interval Ratio of 365 days as of March 2026. Defensive assets of CN¥262.11 Million (cash CN¥-, short-term investments CN¥195.56 Million, receivables CN¥66.55 Million) cover 365 days of daily cash needs of CN¥717.63K/day.

Defensive Interval Ratio

365 days
Days of operational coverage

Defensive Assets

CN¥262.11 Million
Cash + ST Investments + Receivables

Daily Cash Need

CN¥717.63K
Current Liabilities ÷ 365

Current Liabilities

CN¥261.94 Million
CNY

Zhenhai PetroChem Engineering Defensive Interval Ratio (2011–2025)

This chart shows how Zhenhai PetroChem Engineering's Defensive Interval Ratio has evolved across 15 annual periods from 2011 to 2025. As of March 2026, the ratio stands at 365 days, meaning defensive assets of CN¥262.11 Million can fund 365 days of operations without new revenue. For the complete balance sheet picture, see total assets of Zhenhai PetroChem Engineering.

Annual Defensive Interval Ratio for Zhenhai PetroChem Engineering (2011–2025)

The table below presents the year-by-year Defensive Interval Ratio for Zhenhai PetroChem Engineering from 2011 to 2025, covering 15 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 Zhenhai PetroChem Engineering current assets vs equity 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 195 days CN¥161.01 Million CN¥824.67K/day CN¥- CN¥80.00 Million ▼ -261 days
2024 457 days CN¥435.01 Million CN¥952.43K/day CN¥- CN¥120.00 Million ▲ +140 days
2023 317 days CN¥388.96 Million CN¥1.23 Million/day CN¥- CN¥30.00 Million ▼ -53 days
2022 370 days CN¥520.68 Million CN¥1.41 Million/day CN¥- CN¥150.00 Million ▲ +122 days
2021 248 days CN¥406.31 Million CN¥1.64 Million/day CN¥- CN¥- ▼ -149 days
2020 397 days CN¥616.59 Million CN¥1.55 Million/day CN¥- CN¥130.00 Million ▲ +303 days
2019 94 days CN¥142.89 Million CN¥1.52 Million/day CN¥- CN¥- ▼ -153 days
2018 247 days CN¥171.98 Million CN¥695.27K/day CN¥- CN¥- ▼ -641 days
2017 888 days CN¥468.54 Million CN¥527.66K/day CN¥- CN¥340.00 Million ▲ +171 days
2016 717 days CN¥281.87 Million CN¥393.18K/day CN¥- CN¥127.00 Million ▲ +334 days
2015 383 days CN¥201.62 Million CN¥526.52K/day CN¥- CN¥86.00 Million ▲ +27 days
2014 356 days CN¥69.71 Million CN¥195.95K/day CN¥- CN¥- ▼ -176 days
2013 532 days CN¥134.75 Million CN¥253.45K/day CN¥- CN¥- ▲ +163 days
2012 369 days CN¥156.18 Million CN¥423.72K/day CN¥- CN¥- ▲ +188 days
2011 181 days CN¥85.81 Million CN¥474.00K/day CN¥- CN¥- —
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)