Zhenhai PetroChem Engineering (603637) — Defensive Interval Ratio

Latest as of September 2025: 550 days

Zhenhai PetroChem Engineering (603637) has a Defensive Interval Ratio of 550 days as of September 2025. Defensive assets of CN¥461.03 Million (cash CN¥-, short-term investments CN¥260.00 Million, receivables CN¥201.03 Million) cover 550 days of daily cash needs of CN¥837.93K/day. See Zhenhai PetroChem Engineering working capital to net assets to evaluate short-term liquidity relative to the company's equity base.

Defensive Interval Ratio

550 days
Days of operational coverage

Defensive Assets

CN¥461.03 Million
Cash + ST Investments + Receivables

Daily Cash Need

CN¥837.93K
Current Liabilities ÷ 365

Current Liabilities

CN¥305.85 Million
CNY

Zhenhai PetroChem Engineering Defensive Interval Ratio (2011–2024)

This chart shows how Zhenhai PetroChem Engineering's Defensive Interval Ratio has evolved across 14 annual periods from 2011 to 2024. As of September 2025, the ratio stands at 550 days, meaning defensive assets of CN¥461.03 Million can fund 550 days of operations without new revenue. See debt-free asset ratio of Zhenhai PetroChem Engineering to measure how much of total assets are equity-financed.

Annual Defensive Interval Ratio for Zhenhai PetroChem Engineering (2011–2024)

The table below presents the year-by-year Defensive Interval Ratio for Zhenhai PetroChem Engineering 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 Zhenhai PetroChem Engineering market capitalisation.

Year DIR (days) Defensive Assets (CNY) Daily Cash Need Cash ST Investments Change (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)