Laobaixing Pharmacy (603883) — Defensive Interval Ratio

Latest as of March 2026: 72 days

Laobaixing Pharmacy (603883) has a Defensive Interval Ratio of 72 days as of March 2026. Defensive assets of CN¥1.99 Billion (cash CN¥-, short-term investments CN¥-, receivables CN¥1.99 Billion) cover 72 days of daily cash needs of CN¥27.53 Million/day.

Defensive Interval Ratio

72 days
Days of operational coverage

Defensive Assets

CN¥1.99 Billion
Cash + ST Investments + Receivables

Daily Cash Need

CN¥27.53 Million
Current Liabilities ÷ 365

Current Liabilities

CN¥10.05 Billion
CNY

Laobaixing Pharmacy Defensive Interval Ratio (2011–2025)

This chart shows how Laobaixing Pharmacy's Defensive Interval Ratio has evolved across 15 annual periods from 2011 to 2025. As of March 2026, the ratio stands at 72 days, meaning defensive assets of CN¥1.99 Billion can fund 72 days of operations without new revenue. For the complete balance sheet picture, see 603883 current and non-current assets.

Annual Defensive Interval Ratio for Laobaixing Pharmacy (2011–2025)

The table below presents the year-by-year Defensive Interval Ratio for Laobaixing Pharmacy 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 Laobaixing Pharmacy current assets vs equity 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 76 days CN¥2.11 Billion CN¥27.85 Million/day CN¥- CN¥- ▼ -23 days
2024 99 days CN¥2.95 Billion CN¥29.92 Million/day CN¥- CN¥- ▲ +13 days
2023 86 days CN¥2.62 Billion CN¥30.56 Million/day CN¥- CN¥1.50 Million ▲ +16 days
2022 70 days CN¥2.08 Billion CN¥29.72 Million/day CN¥- CN¥3.00 Million ▲ +12 days
2021 58 days CN¥1.38 Billion CN¥23.60 Million/day CN¥- CN¥3.00 Million ▼ -11 days
2020 69 days CN¥1.19 Billion CN¥17.24 Million/day CN¥- CN¥25.90 Million ▼ -6 days
2019 75 days CN¥1.10 Billion CN¥14.65 Million/day CN¥- CN¥13.12 Million ▼ -7 days
2018 82 days CN¥1.11 Billion CN¥13.55 Million/day CN¥- CN¥17.73 Million ▼ -31 days
2017 112 days CN¥815.13 Million CN¥7.26 Million/day CN¥- CN¥9.32 Million ▲ +1 days
2016 111 days CN¥651.78 Million CN¥5.87 Million/day CN¥- CN¥3.49 Million ▲ +5 days
2015 106 days CN¥434.22 Million CN¥4.09 Million/day CN¥- CN¥3.58 Million ▲ +16 days
2014 90 days CN¥335.19 Million CN¥3.74 Million/day CN¥- CN¥- ▲ +10 days
2013 80 days CN¥268.22 Million CN¥3.37 Million/day CN¥- CN¥- ▼ -15 days
2012 95 days CN¥229.50 Million CN¥2.41 Million/day CN¥- CN¥- ▲ +25 days
2011 70 days CN¥175.33 Million CN¥2.49 Million/day CN¥- CN¥- —
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)