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

Latest as of September 2025: 358 days

Jiang Su Wujin Stainless Steel Pipe Group Co Ltd (603878) has a Defensive Interval Ratio of 358 days as of September 2025. Defensive assets of CN¥1.17 Billion (cash CN¥-, short-term investments CN¥359.34 Million, receivables CN¥806.16 Million) cover 358 days of daily cash needs of CN¥3.26 Million/day. See Jiang Su Wujin Stainless Steel Pipe Grou current assets vs equity to evaluate short-term liquidity relative to the company's equity base.

Defensive Interval Ratio

358 days
Days of operational coverage

Defensive Assets

CN¥1.17 Billion
Cash + ST Investments + Receivables

Daily Cash Need

CN¥3.26 Million
Current Liabilities ÷ 365

Current Liabilities

CN¥1.19 Billion
CNY

Jiang Su Wujin Stainless Steel Pipe Group Co Ltd Defensive Interval Ratio (2011–2024)

This chart shows how Jiang Su Wujin Stainless Steel Pipe Group Co Ltd's Defensive Interval Ratio has evolved across 14 annual periods from 2011 to 2024. As of September 2025, the ratio stands at 358 days, meaning defensive assets of CN¥1.17 Billion can fund 358 days of operations without new revenue. See Jiang Su Wujin Stainless Steel Pipe Grou (603878) net asset quality to measure how much of total assets are equity-financed.

Annual Defensive Interval Ratio for Jiang Su Wujin Stainless Steel Pipe Group Co Ltd (2011–2024)

The table below presents the year-by-year Defensive Interval Ratio for Jiang Su Wujin Stainless Steel Pipe Group 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 Jiang Su Wujin Stainless Steel Pipe Grou (603878) market capitalisation.

Year DIR (days) Defensive Assets (CNY) Daily Cash Need Cash ST Investments Change (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)