Jiang Su Wujin Stainless Steel Pipe Group Co Ltd (603878) — Defensive Interval Ratio

Latest as of June 2026: 344 days

Jiang Su Wujin Stainless Steel Pipe Group Co Ltd (603878) has a Defensive Interval Ratio of 344 days as of June 2026. Defensive assets of CN¥980.86 Million (cash CN¥-, short-term investments CN¥454.71 Million, receivables CN¥526.15 Million) cover 344 days of daily cash needs of CN¥2.85 Million/day.

Defensive Interval Ratio

344 days
Days of operational coverage

Defensive Assets

CN¥980.86 Million
Cash + ST Investments + Receivables

Daily Cash Need

CN¥2.85 Million
Current Liabilities ÷ 365

Current Liabilities

CN¥1.04 Billion
CNY

Jiang Su Wujin Stainless Steel Pipe Group Co Ltd Defensive Interval Ratio (2011–2025)

This chart shows how Jiang Su Wujin Stainless Steel Pipe Group Co Ltd's Defensive Interval Ratio has evolved across 15 annual periods from 2011 to 2025. As of June 2026, the ratio stands at 344 days, meaning defensive assets of CN¥980.86 Million can fund 344 days of operations without new revenue. For the complete balance sheet picture, see how large is Jiang Su Wujin Stainless Steel Pipe Grou's balance sheet.

Annual Defensive Interval Ratio for Jiang Su Wujin Stainless Steel Pipe Group Co Ltd (2011–2025)

The table below presents the year-by-year Defensive Interval Ratio for Jiang Su Wujin Stainless Steel Pipe Group Co Ltd from 2011 to 2025, covering 15 annual filings. Each row shows defensive assets, daily cash need, the DIR in days, and the change in days compared to the prior year. See 603878 net working capital ratio to evaluate short-term liquidity relative to the company's equity base.

Year DIR (days) Defensive Assets (CNY) Daily Cash Need Cash ST Investments Change (days)
2025 315 days CN¥892.78 Million CN¥2.84 Million/day CN¥- CN¥410.66 Million ▼ -61 days
2024 375 days CN¥1.12 Billion CN¥3.00 Million/day CN¥- CN¥347.58 Million ▼ -91 days
2023 467 days CN¥1.33 Billion CN¥2.84 Million/day CN¥- CN¥453.37 Million ▲ +84 days
2022 383 days CN¥1.21 Billion CN¥3.17 Million/day CN¥- CN¥363.57 Million ▼ -35 days
2021 418 days CN¥1.20 Billion CN¥2.86 Million/day CN¥- CN¥533.20 Million ▼ -27 days
2020 445 days CN¥1.21 Billion CN¥2.71 Million/day CN¥- CN¥353.86 Million ▼ -74 days
2019 519 days CN¥1.00 Billion CN¥1.93 Million/day CN¥- CN¥313.76 Million ▲ +103 days
2018 416 days CN¥759.72 Million CN¥1.83 Million/day CN¥- CN¥180.00 Million ▼ -244 days
2017 660 days CN¥905.52 Million CN¥1.37 Million/day CN¥- CN¥360.00 Million ▲ +129 days
2016 531 days CN¥494.57 Million CN¥931.35K/day CN¥- CN¥62.85K ▲ +221 days
2015 310 days CN¥576.18 Million CN¥1.86 Million/day CN¥- CN¥21.83 Million ▲ +90 days
2014 220 days CN¥536.00 Million CN¥2.43 Million/day CN¥- CN¥- ▲ +17 days
2013 203 days CN¥420.96 Million CN¥2.07 Million/day CN¥- CN¥- ▲ +54 days
2012 150 days CN¥361.01 Million CN¥2.41 Million/day CN¥- CN¥- ▲ +9 days
2011 141 days CN¥398.97 Million CN¥2.83 Million/day CN¥- CN¥- —
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)