Red Avenue New Materials Group Co Ltd (603650) — Defensive Interval Ratio

Latest as of September 2025: 188 days

Red Avenue New Materials Group Co Ltd (603650) has a Defensive Interval Ratio of 188 days as of September 2025. Defensive assets of CN¥1.30 Billion (cash CN¥-, short-term investments CN¥-, receivables CN¥1.30 Billion) cover 188 days of daily cash needs of CN¥6.91 Million/day. Check Red Avenue New Materials Group Co Ltd (603650) tangible equity ratio to evaluate the tangible quality of the company's equity base.

Defensive Interval Ratio

188 days
Days of operational coverage

Defensive Assets

CN¥1.30 Billion
Cash + ST Investments + Receivables

Daily Cash Need

CN¥6.91 Million
Current Liabilities ÷ 365

Current Liabilities

CN¥2.52 Billion
CNY

Red Avenue New Materials Group Co Ltd Defensive Interval Ratio (2014–2024)

This chart shows how Red Avenue New Materials Group Co Ltd's Defensive Interval Ratio has evolved across 11 annual periods from 2014 to 2024. As of September 2025, the ratio stands at 188 days, meaning defensive assets of CN¥1.30 Billion can fund 188 days of operations without new revenue. Also explore Red Avenue New Materials Group Co Ltd (603650) net asset momentum to track the company's year-over-year net asset growth rate.

Annual Defensive Interval Ratio for Red Avenue New Materials Group Co Ltd (2014–2024)

The table below presents the year-by-year Defensive Interval Ratio for Red Avenue New Materials Group Co Ltd from 2014 to 2024, covering 11 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 market value of Red Avenue New Materials Group Co Ltd.

Year DIR (days) Defensive Assets (CNY) Daily Cash Need Cash ST Investments Change (days)
2024 161 days CN¥1.23 Billion CN¥7.63 Million/day CN¥- CN¥- ▼ -92 days
2023 253 days CN¥1.25 Billion CN¥4.95 Million/day CN¥- CN¥143.74 Million ▲ +45 days
2022 208 days CN¥1.18 Billion CN¥5.69 Million/day CN¥- CN¥88.87 Million ▼ -9 days
2021 217 days CN¥1.27 Billion CN¥5.88 Million/day CN¥- CN¥298.19 Million ▲ +10 days
2020 207 days CN¥1.04 Billion CN¥5.03 Million/day CN¥- CN¥115.14 Million ▼ -9 days
2019 216 days CN¥975.43 Million CN¥4.52 Million/day CN¥- CN¥115.80 Million ▼ -175 days
2018 391 days CN¥857.24 Million CN¥2.19 Million/day CN¥- CN¥- ▼ -54 days
2017 445 days CN¥800.52 Million CN¥1.80 Million/day CN¥- CN¥- ▲ +41 days
2016 404 days CN¥644.61 Million CN¥1.59 Million/day CN¥- CN¥- ▲ +187 days
2015 217 days CN¥558.62 Million CN¥2.57 Million/day CN¥- CN¥- ▼ -71 days
2014 288 days CN¥582.94 Million CN¥2.02 Million/day CN¥- CN¥528.18K —
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)