Shandong Donghong Pipe Ind Co (603856) — Defensive Interval Ratio

Latest as of September 2025: 848 days

Shandong Donghong Pipe Ind Co (603856) has a Defensive Interval Ratio of 848 days as of September 2025. Defensive assets of CN¥1.70 Billion (cash CN¥-, short-term investments CN¥-, receivables CN¥1.70 Billion) cover 848 days of daily cash needs of CN¥2.00 Million/day. See Shandong Donghong Pipe Ind Co current assets vs equity to evaluate short-term liquidity relative to the company's equity base.

Defensive Interval Ratio

848 days
Days of operational coverage

Defensive Assets

CN¥1.70 Billion
Cash + ST Investments + Receivables

Daily Cash Need

CN¥2.00 Million
Current Liabilities ÷ 365

Current Liabilities

CN¥730.42 Million
CNY

Shandong Donghong Pipe Ind Co Defensive Interval Ratio (2012–2024)

This chart shows how Shandong Donghong Pipe Ind Co's Defensive Interval Ratio has evolved across 13 annual periods from 2012 to 2024. As of September 2025, the ratio stands at 848 days, meaning defensive assets of CN¥1.70 Billion can fund 848 days of operations without new revenue. See Shandong Donghong Pipe Ind Co (603856) balance sheet quality index to measure how much of total assets are equity-financed.

Annual Defensive Interval Ratio for Shandong Donghong Pipe Ind Co (2012–2024)

The table below presents the year-by-year Defensive Interval Ratio for Shandong Donghong Pipe Ind Co from 2012 to 2024, covering 13 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 Shandong Donghong Pipe Ind Co (603856) total market value.

Year DIR (days) Defensive Assets (CNY) Daily Cash Need Cash ST Investments Change (days)
2024 629 days CN¥1.73 Billion CN¥2.75 Million/day CN¥- CN¥- ▲ +145 days
2023 484 days CN¥1.65 Billion CN¥3.41 Million/day CN¥- CN¥- ▲ +62 days
2022 422 days CN¥1.72 Billion CN¥4.07 Million/day CN¥- CN¥- ▲ +10 days
2021 412 days CN¥1.54 Billion CN¥3.73 Million/day CN¥- CN¥- ▼ -201 days
2020 613 days CN¥1.40 Billion CN¥2.28 Million/day CN¥- CN¥- ▼ -611 days
2019 1225 days CN¥1.02 Billion CN¥832.96K/day CN¥- CN¥- ▼ -94 days
2018 1319 days CN¥978.40 Million CN¥741.76K/day CN¥- CN¥153.80 Million ▼ -130 days
2017 1449 days CN¥913.34 Million CN¥630.43K/day CN¥- CN¥250.00 Million ▲ +658 days
2016 791 days CN¥531.55 Million CN¥672.07K/day CN¥- CN¥40.00 Million ▲ +282 days
2015 509 days CN¥533.44 Million CN¥1.05 Million/day CN¥- CN¥10.00 Million ▲ +88 days
2014 421 days CN¥521.73 Million CN¥1.24 Million/day CN¥- CN¥- ▲ +110 days
2013 311 days CN¥443.89 Million CN¥1.43 Million/day CN¥- CN¥- ▲ +65 days
2012 247 days CN¥356.19 Million CN¥1.44 Million/day CN¥- CN¥- —
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)