Shandong Buchang Pharmaceuticals Co Ltd (603858) — Defensive Interval Ratio

Latest as of September 2025: 115 days

Shandong Buchang Pharmaceuticals Co Ltd (603858) has a Defensive Interval Ratio of 115 days as of September 2025. Defensive assets of CN¥2.18 Billion (cash CN¥-, short-term investments CN¥679.28 Million, receivables CN¥1.50 Billion) cover 115 days of daily cash needs of CN¥18.96 Million/day. See how liquid is Shandong Buchang Pharmaceuticals Co Ltd's working capital to evaluate short-term liquidity relative to the company's equity base.

Defensive Interval Ratio

115 days
Days of operational coverage

Defensive Assets

CN¥2.18 Billion
Cash + ST Investments + Receivables

Daily Cash Need

CN¥18.96 Million
Current Liabilities ÷ 365

Current Liabilities

CN¥6.92 Billion
CNY

Shandong Buchang Pharmaceuticals Co Ltd Defensive Interval Ratio (2011–2024)

This chart shows how Shandong Buchang Pharmaceuticals Co Ltd's Defensive Interval Ratio has evolved across 14 annual periods from 2011 to 2024. As of September 2025, the ratio stands at 115 days, meaning defensive assets of CN¥2.18 Billion can fund 115 days of operations without new revenue. See 603858 equity financing ratio to measure how much of total assets are equity-financed.

Annual Defensive Interval Ratio for Shandong Buchang Pharmaceuticals Co Ltd (2011–2024)

The table below presents the year-by-year Defensive Interval Ratio for Shandong Buchang Pharmaceuticals 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 Shandong Buchang Pharmaceuticals Co Ltd stock valuation.

Year DIR (days) Defensive Assets (CNY) Daily Cash Need Cash ST Investments Change (days)
2024 91 days CN¥1.78 Billion CN¥19.46 Million/day CN¥- CN¥403.75 Million ▼ -36 days
2023 127 days CN¥2.39 Billion CN¥18.78 Million/day CN¥- CN¥354.09 Million ▼ -11 days
2022 138 days CN¥2.63 Billion CN¥19.07 Million/day CN¥- CN¥726.45 Million ▼ -8 days
2021 146 days CN¥2.87 Billion CN¥19.62 Million/day CN¥- CN¥498.17 Million ▼ -10 days
2020 156 days CN¥3.35 Billion CN¥21.41 Million/day CN¥- CN¥386.45 Million ▲ +22 days
2019 135 days CN¥2.26 Billion CN¥16.79 Million/day CN¥- CN¥386.45 Million ▼ -84 days
2018 218 days CN¥2.94 Billion CN¥13.49 Million/day CN¥- CN¥- ▼ -14 days
2017 232 days CN¥3.54 Billion CN¥15.24 Million/day CN¥- CN¥13.00 Million ▲ +80 days
2016 152 days CN¥2.36 Billion CN¥15.50 Million/day CN¥- CN¥100.00 Million ▲ +4 days
2015 148 days CN¥2.83 Billion CN¥19.10 Million/day CN¥- CN¥- ▼ -62 days
2014 210 days CN¥2.63 Billion CN¥12.51 Million/day CN¥- CN¥- ▲ +31 days
2013 179 days CN¥1.29 Billion CN¥7.19 Million/day CN¥- CN¥- ▼ -69 days
2012 248 days CN¥1.12 Billion CN¥4.51 Million/day CN¥- CN¥- ▼ -25 days
2011 273 days CN¥1.22 Billion CN¥4.48 Million/day CN¥- CN¥- —
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)