Xingguang Agricultural Mach (603789) — Defensive Interval Ratio

Latest as of September 2025: 236 days

Xingguang Agricultural Mach (603789) has a Defensive Interval Ratio of 236 days as of September 2025. Defensive assets of CN¥493.89 Million (cash CN¥-, short-term investments CN¥-, receivables CN¥493.89 Million) cover 236 days of daily cash needs of CN¥2.09 Million/day. Check Xingguang Agricultural Mach (603789) tangible equity ratio to evaluate the tangible quality of the company's equity base.

Defensive Interval Ratio

236 days
Days of operational coverage

Defensive Assets

CN¥493.89 Million
Cash + ST Investments + Receivables

Daily Cash Need

CN¥2.09 Million
Current Liabilities ÷ 365

Current Liabilities

CN¥763.39 Million
CNY

Xingguang Agricultural Mach Defensive Interval Ratio (2011–2024)

This chart shows how Xingguang Agricultural Mach's Defensive Interval Ratio has evolved across 14 annual periods from 2011 to 2024. As of September 2025, the ratio stands at 236 days, meaning defensive assets of CN¥493.89 Million can fund 236 days of operations without new revenue. Also explore net asset momentum of Xingguang Agricultural Mach to track the company's year-over-year net asset growth rate.

Annual Defensive Interval Ratio for Xingguang Agricultural Mach (2011–2024)

The table below presents the year-by-year Defensive Interval Ratio for Xingguang Agricultural Mach 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 Xingguang Agricultural Mach stock valuation.

Year DIR (days) Defensive Assets (CNY) Daily Cash Need Cash ST Investments Change (days)
2024 141 days CN¥278.51 Million CN¥1.98 Million/day CN¥- CN¥464.57K ▲ +10 days
2023 131 days CN¥249.89 Million CN¥1.91 Million/day CN¥- CN¥- ▼ -54 days
2022 184 days CN¥262.23 Million CN¥1.42 Million/day CN¥- CN¥- ▼ -61 days
2021 246 days CN¥412.76 Million CN¥1.68 Million/day CN¥- CN¥- ▼ -158 days
2020 404 days CN¥502.24 Million CN¥1.24 Million/day CN¥- CN¥- ▼ -12 days
2019 416 days CN¥632.74 Million CN¥1.52 Million/day CN¥- CN¥- ▲ +80 days
2018 335 days CN¥447.87 Million CN¥1.34 Million/day CN¥- CN¥5.01 Million ▼ -126 days
2017 462 days CN¥385.69 Million CN¥835.46K/day CN¥- CN¥155.00 Million ▲ +15 days
2016 446 days CN¥508.91 Million CN¥1.14 Million/day CN¥- CN¥397.00 Million ▼ -1278 days
2015 1724 days CN¥317.74 Million CN¥184.31K/day CN¥- CN¥300.00 Million ▲ +1716 days
2014 8 days CN¥6.27 Million CN¥748.37K/day CN¥- CN¥- ▼ -5 days
2013 13 days CN¥6.38 Million CN¥479.48K/day CN¥- CN¥- ▲ +7 days
2012 6 days CN¥5.21 Million CN¥873.04K/day CN¥- CN¥- ▼ -10 days
2011 16 days CN¥9.01 Million CN¥553.37K/day CN¥- CN¥- —
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)