Zhejiang Xinhua Chemical Co Ltd (603867) — Defensive Interval Ratio

Latest as of September 2025: 381 days

Zhejiang Xinhua Chemical Co Ltd (603867) has a Defensive Interval Ratio of 381 days as of September 2025. Defensive assets of CN¥855.21 Million (cash CN¥-, short-term investments CN¥-, receivables CN¥855.21 Million) cover 381 days of daily cash needs of CN¥2.24 Million/day. Check 603867 intangible-adjusted equity ratio to evaluate the tangible quality of the company's equity base.

Defensive Interval Ratio

381 days
Days of operational coverage

Defensive Assets

CN¥855.21 Million
Cash + ST Investments + Receivables

Daily Cash Need

CN¥2.24 Million
Current Liabilities ÷ 365

Current Liabilities

CN¥819.40 Million
CNY

Zhejiang Xinhua Chemical Co Ltd Defensive Interval Ratio (2014–2024)

This chart shows how Zhejiang Xinhua Chemical Co Ltd's Defensive Interval Ratio has evolved across 10 annual periods from 2014 to 2024. As of September 2025, the ratio stands at 381 days, meaning defensive assets of CN¥855.21 Million can fund 381 days of operations without new revenue. Also explore 603867 year-over-year net asset growth to track the company's year-over-year net asset growth rate.

Annual Defensive Interval Ratio for Zhejiang Xinhua Chemical Co Ltd (2014–2024)

The table below presents the year-by-year Defensive Interval Ratio for Zhejiang Xinhua Chemical Co Ltd from 2014 to 2024, covering 10 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 603867 market cap.

Year DIR (days) Defensive Assets (CNY) Daily Cash Need Cash ST Investments Change (days)
2024 319 days CN¥794.62 Million CN¥2.49 Million/day CN¥- CN¥- ▼ -1 days
2023 320 days CN¥648.07 Million CN¥2.03 Million/day CN¥- CN¥- ▼ -38 days
2022 358 days CN¥867.99 Million CN¥2.42 Million/day CN¥- CN¥239.00 Million ▲ +40 days
2021 319 days CN¥767.61 Million CN¥2.41 Million/day CN¥- CN¥195.00 Million ▼ -62 days
2020 381 days CN¥864.21 Million CN¥2.27 Million/day CN¥- CN¥443.00 Million ▲ +178 days
2019 202 days CN¥384.63 Million CN¥1.90 Million/day CN¥- CN¥140.50 Million ▲ +58 days
2018 144 days CN¥306.03 Million CN¥2.12 Million/day CN¥- CN¥- ▼ -29 days
2017 173 days CN¥349.86 Million CN¥2.02 Million/day CN¥- CN¥- ▲ +7 days
2016 166 days CN¥314.00 Million CN¥1.89 Million/day CN¥- CN¥- ▲ +12 days
2014 155 days CN¥298.00 Million CN¥1.93 Million/day CN¥- CN¥- —
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)