Shanghai Smith Adhesive New Defensive Interval Ratio

Latest as of June 2026: 137 days

Shanghai Smith Adhesive New defensive interval ratio. Shanghai Smith Adhesive New (603683) has a Defensive Interval Ratio of 137 days as of June 2026. Defensive assets of CN¥469.94 Million (cash CN¥-, short-term investments CN¥6.80 Million, receivables CN¥463.15 Million) cover 137 days of daily cash needs of CN¥3.44 Million/day. See Shanghai Smith Adhesive New working capital to net assets to evaluate short-term liquidity relative to the company's equity base.

Defensive Interval Ratio

137 days
Days of operational coverage

Defensive Assets

CN¥469.94 Million
Cash + ST Investments + Receivables

Daily Cash Need

CN¥3.44 Million
Current Liabilities ÷ 365

Current Liabilities

CN¥1.26 Billion
CNY

Defensive Interval Ratio of Shanghai Smith Adhesive New (2012–2025)

Defensive interval ratio of Shanghai Smith Adhesive New from 2012 to 2025. This chart shows how Shanghai Smith Adhesive New's Defensive Interval Ratio has evolved across 14 annual periods from 2012 to 2025. As of June 2026, the ratio stands at 137 days, meaning defensive assets of CN¥469.94 Million can fund 137 days of operations without new revenue. Read debt load of Shanghai Smith Adhesive New for a breakdown of total debt and financial obligations.

Shanghai Smith Adhesive New Defensive Interval Ratio by Year (2012–2025)

Shanghai Smith Adhesive New defensive interval ratio by year from 2012 to 2025. The table below presents the year-by-year Defensive Interval Ratio for Shanghai Smith Adhesive New 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 the complete balance sheet picture, see Shanghai Smith Adhesive New assets under control.

Year DIR (days) Defensive Assets (CNY) Daily Cash Need Cash ST Investments Change (days)
2025 145 days CN¥467.19 Million CN¥3.22 Million/day CN¥- CN¥- ▼ -54 days
2024 199 days CN¥462.78 Million CN¥2.32 Million/day CN¥- CN¥38.17 Million ▼ -34 days
2023 233 days CN¥423.19 Million CN¥1.81 Million/day CN¥- CN¥95.00 Million ▲ +37 days
2022 196 days CN¥367.15 Million CN¥1.87 Million/day CN¥- CN¥89.38 Million ▲ +35 days
2021 162 days CN¥265.33 Million CN¥1.64 Million/day CN¥- CN¥50.41 Million ▲ +27 days
2020 134 days CN¥184.70 Million CN¥1.37 Million/day CN¥- CN¥- ▲ +17 days
2019 117 days CN¥161.26 Million CN¥1.38 Million/day CN¥- CN¥10.37 Million ▼ -9 days
2018 126 days CN¥145.03 Million CN¥1.15 Million/day CN¥- CN¥- ▼ -131 days
2017 257 days CN¥184.94 Million CN¥720.85K/day CN¥- CN¥80.00 Million ▲ +95 days
2016 161 days CN¥92.40 Million CN¥573.67K/day CN¥- CN¥- ▼ -17 days
2015 178 days CN¥68.52 Million CN¥384.09K/day CN¥- CN¥- ▼ -3 days
2014 181 days CN¥111.51 Million CN¥614.67K/day CN¥- CN¥40.49 Million ▲ +60 days
2013 121 days CN¥75.76 Million CN¥624.18K/day CN¥- CN¥15.00 Million ▲ +51 days
2012 70 days CN¥44.53 Million CN¥633.65K/day CN¥- CN¥- —
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)