Changzheng Engineering Co Ltd (603698) — Defensive Interval Ratio

Latest as of September 2025: 327 days

Changzheng Engineering Co Ltd (603698) has a Defensive Interval Ratio of 327 days as of September 2025. Defensive assets of CN¥1.86 Billion (cash CN¥-, short-term investments CN¥-, receivables CN¥1.86 Billion) cover 327 days of daily cash needs of CN¥5.67 Million/day. Check 603698 tangible net assets ratio to evaluate the tangible quality of the company's equity base.

Defensive Interval Ratio

327 days
Days of operational coverage

Defensive Assets

CN¥1.86 Billion
Cash + ST Investments + Receivables

Daily Cash Need

CN¥5.67 Million
Current Liabilities ÷ 365

Current Liabilities

CN¥2.07 Billion
CNY

Changzheng Engineering Co Ltd Defensive Interval Ratio (2011–2024)

This chart shows how Changzheng Engineering Co Ltd's Defensive Interval Ratio has evolved across 14 annual periods from 2011 to 2024. As of September 2025, the ratio stands at 327 days, meaning defensive assets of CN¥1.86 Billion can fund 327 days of operations without new revenue. Also explore Changzheng Engineering Co Ltd equity growth rate to track the company's year-over-year net asset growth rate.

Annual Defensive Interval Ratio for Changzheng Engineering Co Ltd (2011–2024)

The table below presents the year-by-year Defensive Interval Ratio for Changzheng Engineering Co Ltd 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 603698 market cap.

Year DIR (days) Defensive Assets (CNY) Daily Cash Need Cash ST Investments Change (days)
2024 170 days CN¥1.05 Billion CN¥6.18 Million/day CN¥- CN¥- ▼ -134 days
2023 304 days CN¥1.77 Billion CN¥5.82 Million/day CN¥- CN¥- ▼ -2 days
2022 306 days CN¥1.39 Billion CN¥4.53 Million/day CN¥- CN¥- ▼ -51 days
2021 357 days CN¥1.42 Billion CN¥3.98 Million/day CN¥- CN¥- ▼ -18 days
2020 375 days CN¥1.41 Billion CN¥3.75 Million/day CN¥- CN¥- ▲ +37 days
2019 338 days CN¥991.19 Million CN¥2.94 Million/day CN¥- CN¥- ▲ +53 days
2018 284 days CN¥728.16 Million CN¥2.56 Million/day CN¥- CN¥- ▼ -14 days
2017 298 days CN¥1.03 Billion CN¥3.46 Million/day CN¥- CN¥- ▲ +6 days
2016 292 days CN¥915.26 Million CN¥3.14 Million/day CN¥- CN¥- ▼ -18 days
2015 310 days CN¥1.51 Billion CN¥4.87 Million/day CN¥- CN¥630.00 Million ▲ +182 days
2014 128 days CN¥547.36 Million CN¥4.29 Million/day CN¥- CN¥- ▼ -58 days
2013 185 days CN¥562.48 Million CN¥3.03 Million/day CN¥- CN¥- ▲ +8 days
2012 178 days CN¥395.48 Million CN¥2.23 Million/day CN¥- CN¥- ▲ +44 days
2011 133 days CN¥183.31 Million CN¥1.38 Million/day CN¥- CN¥- —
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)