Guangdong Songyang Recycle Resources Co Ltd (603863) — Defensive Interval Ratio

Latest as of September 2025: 22 days

Guangdong Songyang Recycle Resources Co Ltd (603863) has a Defensive Interval Ratio of 22 days as of September 2025. Defensive assets of CN¥37.51 Million (cash CN¥-, short-term investments CN¥-, receivables CN¥37.51 Million) cover 22 days of daily cash needs of CN¥1.74 Million/day. See working capital to net assets of Guangdong Songyang Recycle Resources Co to evaluate short-term liquidity relative to the company's equity base.

Defensive Interval Ratio

22 days
Days of operational coverage

Defensive Assets

CN¥37.51 Million
Cash + ST Investments + Receivables

Daily Cash Need

CN¥1.74 Million
Current Liabilities ÷ 365

Current Liabilities

CN¥636.70 Million
CNY

Guangdong Songyang Recycle Resources Co Ltd Defensive Interval Ratio (2014–2024)

This chart shows how Guangdong Songyang Recycle Resources Co Ltd's Defensive Interval Ratio has evolved across 11 annual periods from 2014 to 2024. As of September 2025, the ratio stands at 22 days, meaning defensive assets of CN¥37.51 Million can fund 22 days of operations without new revenue. See 603863 equity to assets ratio to measure how much of total assets are equity-financed.

Annual Defensive Interval Ratio for Guangdong Songyang Recycle Resources Co Ltd (2014–2024)

The table below presents the year-by-year Defensive Interval Ratio for Guangdong Songyang Recycle Resources Co Ltd from 2014 to 2024, covering 11 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 market cap of Guangdong Songyang Recycle Resources Co .

Year DIR (days) Defensive Assets (CNY) Daily Cash Need Cash ST Investments Change (days)
2024 16 days CN¥32.18 Million CN¥1.98 Million/day CN¥- CN¥- ▼ -45 days
2023 61 days CN¥102.07 Million CN¥1.67 Million/day CN¥- CN¥- ▲ +11 days
2022 50 days CN¥55.11 Million CN¥1.10 Million/day CN¥- CN¥- ▼ -54 days
2021 104 days CN¥89.64 Million CN¥859.64K/day CN¥- CN¥- ▼ -639 days
2020 744 days CN¥524.76 Million CN¥705.56K/day CN¥- CN¥22.04 Million ▲ +342 days
2019 402 days CN¥195.74 Million CN¥486.92K/day CN¥- CN¥131.18 Million ▲ +316 days
2018 86 days CN¥62.94 Million CN¥729.07K/day CN¥- CN¥- ▲ +20 days
2017 66 days CN¥31.89 Million CN¥481.93K/day CN¥- CN¥- ▲ +34 days
2016 32 days CN¥34.28 Million CN¥1.08 Million/day CN¥- CN¥- ▲ +16 days
2015 16 days CN¥8.22 Million CN¥511.80K/day CN¥- CN¥- ▲ +2 days
2014 14 days CN¥5.76 Million CN¥421.44K/day CN¥- CN¥- —
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)