Zhejiang Xinao Textiles Inc (603889) — Defensive Interval Ratio

Latest as of September 2025: 153 days

Zhejiang Xinao Textiles Inc (603889) has a Defensive Interval Ratio of 153 days as of September 2025. Defensive assets of CN¥814.55 Million (cash CN¥-, short-term investments CN¥-, receivables CN¥814.55 Million) cover 153 days of daily cash needs of CN¥5.33 Million/day. Check tangible net worth ratio of Zhejiang Xinao Textiles Inc to evaluate the tangible quality of the company's equity base.

Defensive Interval Ratio

153 days
Days of operational coverage

Defensive Assets

CN¥814.55 Million
Cash + ST Investments + Receivables

Daily Cash Need

CN¥5.33 Million
Current Liabilities ÷ 365

Current Liabilities

CN¥1.95 Billion
CNY

Zhejiang Xinao Textiles Inc Defensive Interval Ratio (2011–2024)

This chart shows how Zhejiang Xinao Textiles Inc's Defensive Interval Ratio has evolved across 14 annual periods from 2011 to 2024. As of September 2025, the ratio stands at 153 days, meaning defensive assets of CN¥814.55 Million can fund 153 days of operations without new revenue. Also explore Zhejiang Xinao Textiles Inc (603889) net asset momentum to track the company's year-over-year net asset growth rate.

Annual Defensive Interval Ratio for Zhejiang Xinao Textiles Inc (2011–2024)

The table below presents the year-by-year Defensive Interval Ratio for Zhejiang Xinao Textiles Inc 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 Zhejiang Xinao Textiles Inc (603889) market capitalisation.

Year DIR (days) Defensive Assets (CNY) Daily Cash Need Cash ST Investments Change (days)
2024 135 days CN¥541.16 Million CN¥4.00 Million/day CN¥- CN¥54.61 Million ▲ +23 days
2023 112 days CN¥600.34 Million CN¥5.34 Million/day CN¥- CN¥138.22 Million ▼ -33 days
2022 145 days CN¥576.46 Million CN¥3.96 Million/day CN¥- CN¥155.00 Million ▲ +24 days
2021 121 days CN¥387.92 Million CN¥3.20 Million/day CN¥- CN¥101.28 Million ▼ -26 days
2020 147 days CN¥276.16 Million CN¥1.87 Million/day CN¥- CN¥- ▼ -20 days
2019 167 days CN¥306.67 Million CN¥1.84 Million/day CN¥- CN¥60.00 Million ▼ -95 days
2018 262 days CN¥475.00 Million CN¥1.81 Million/day CN¥- CN¥265.00 Million ▼ -57 days
2017 319 days CN¥378.19 Million CN¥1.18 Million/day CN¥- CN¥230.00 Million ▲ +232 days
2016 87 days CN¥106.56 Million CN¥1.22 Million/day CN¥- CN¥- ▼ -121 days
2015 208 days CN¥185.47 Million CN¥890.24K/day CN¥- CN¥60.00 Million ▲ +153 days
2014 56 days CN¥95.48 Million CN¥1.71 Million/day CN¥- CN¥- ▲ +8 days
2013 48 days CN¥77.87 Million CN¥1.63 Million/day CN¥- CN¥3.38 Million ▼ -13 days
2012 61 days CN¥80.07 Million CN¥1.32 Million/day CN¥- CN¥- ▲ +15 days
2011 46 days CN¥67.61 Million CN¥1.47 Million/day CN¥- CN¥145.21K —
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)