Zhengping Road&Bridge Constr (603843) — Defensive Interval Ratio

Latest as of September 2025: 227 days

Zhengping Road&Bridge Constr (603843) has a Defensive Interval Ratio of 227 days as of September 2025. Defensive assets of CN¥3.65 Billion (cash CN¥-, short-term investments CN¥-, receivables CN¥3.65 Billion) cover 227 days of daily cash needs of CN¥16.05 Million/day. Check 603843 intangible-adjusted equity ratio to evaluate the tangible quality of the company's equity base.

Defensive Interval Ratio

227 days
Days of operational coverage

Defensive Assets

CN¥3.65 Billion
Cash + ST Investments + Receivables

Daily Cash Need

CN¥16.05 Million
Current Liabilities ÷ 365

Current Liabilities

CN¥5.86 Billion
CNY

Zhengping Road&Bridge Constr Defensive Interval Ratio (2011–2024)

This chart shows how Zhengping Road&Bridge Constr's Defensive Interval Ratio has evolved across 14 annual periods from 2011 to 2024. As of September 2025, the ratio stands at 227 days, meaning defensive assets of CN¥3.65 Billion can fund 227 days of operations without new revenue. Also explore 603843 net asset momentum to track the company's year-over-year net asset growth rate.

Annual Defensive Interval Ratio for Zhengping Road&Bridge Constr (2011–2024)

The table below presents the year-by-year Defensive Interval Ratio for Zhengping Road&Bridge Constr 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 Zhengping Road&Bridge Constr market cap and net worth.

Year DIR (days) Defensive Assets (CNY) Daily Cash Need Cash ST Investments Change (days)
2024 220 days CN¥3.39 Billion CN¥15.42 Million/day CN¥- CN¥- ▼ -23 days
2023 243 days CN¥4.03 Billion CN¥16.58 Million/day CN¥- CN¥- ▼ -2 days
2022 246 days CN¥4.12 Billion CN¥16.77 Million/day CN¥- CN¥- ▼ -13 days
2021 258 days CN¥4.82 Billion CN¥18.68 Million/day CN¥- CN¥- ▼ -10 days
2020 268 days CN¥3.57 Billion CN¥13.31 Million/day CN¥- CN¥- ▲ +150 days
2019 118 days CN¥1.45 Billion CN¥12.26 Million/day CN¥- CN¥- ▼ -23 days
2018 141 days CN¥1.39 Billion CN¥9.88 Million/day CN¥- CN¥- ▲ +21 days
2017 119 days CN¥744.99 Million CN¥6.23 Million/day CN¥- CN¥- ▼ -22 days
2016 142 days CN¥897.16 Million CN¥6.34 Million/day CN¥- CN¥- ▼ -24 days
2015 165 days CN¥852.43 Million CN¥5.17 Million/day CN¥- CN¥- ▲ +32 days
2014 133 days CN¥688.39 Million CN¥5.19 Million/day CN¥- CN¥- ▲ +38 days
2013 95 days CN¥418.65 Million CN¥4.42 Million/day CN¥- CN¥- ▼ -3 days
2012 97 days CN¥276.79 Million CN¥2.85 Million/day CN¥- CN¥- ▼ -62 days
2011 159 days CN¥329.67 Million CN¥2.07 Million/day CN¥- CN¥- —
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)