Zhejiang Tieliu Clutch Co Ltd (603926) — Defensive Interval Ratio

Latest as of September 2025: 207 days

Zhejiang Tieliu Clutch Co Ltd (603926) has a Defensive Interval Ratio of 207 days as of September 2025. Defensive assets of CN¥658.90 Million (cash CN¥-, short-term investments CN¥184.02 Million, receivables CN¥474.88 Million) cover 207 days of daily cash needs of CN¥3.18 Million/day. Check Zhejiang Tieliu Clutch Co Ltd tangible equity quality to evaluate the tangible quality of the company's equity base.

Defensive Interval Ratio

207 days
Days of operational coverage

Defensive Assets

CN¥658.90 Million
Cash + ST Investments + Receivables

Daily Cash Need

CN¥3.18 Million
Current Liabilities ÷ 365

Current Liabilities

CN¥1.16 Billion
CNY

Zhejiang Tieliu Clutch Co Ltd Defensive Interval Ratio (2012–2024)

This chart shows how Zhejiang Tieliu Clutch Co Ltd's Defensive Interval Ratio has evolved across 13 annual periods from 2012 to 2024. As of September 2025, the ratio stands at 207 days, meaning defensive assets of CN¥658.90 Million can fund 207 days of operations without new revenue. Also explore Zhejiang Tieliu Clutch Co Ltd net asset momentum to track the company's year-over-year net asset growth rate.

Annual Defensive Interval Ratio for Zhejiang Tieliu Clutch Co Ltd (2012–2024)

The table below presents the year-by-year Defensive Interval Ratio for Zhejiang Tieliu Clutch Co Ltd from 2012 to 2024, covering 13 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 603926 stock market capitalisation.

Year DIR (days) Defensive Assets (CNY) Daily Cash Need Cash ST Investments Change (days)
2024 248 days CN¥768.09 Million CN¥3.10 Million/day CN¥- CN¥280.56 Million ▲ +60 days
2023 188 days CN¥463.85 Million CN¥2.47 Million/day CN¥- CN¥92.73 Million ▼ -17 days
2022 205 days CN¥417.55 Million CN¥2.04 Million/day CN¥- CN¥83.27 Million ▲ +2 days
2021 203 days CN¥497.59 Million CN¥2.45 Million/day CN¥- CN¥61.91 Million ▼ -24 days
2020 227 days CN¥429.97 Million CN¥1.90 Million/day CN¥- CN¥- ▼ -50 days
2019 276 days CN¥534.25 Million CN¥1.93 Million/day CN¥- CN¥271.02 Million ▼ -10 days
2018 286 days CN¥215.84 Million CN¥753.90K/day CN¥- CN¥- ▲ +47 days
2017 240 days CN¥150.41 Million CN¥627.51K/day CN¥- CN¥- ▲ +49 days
2016 190 days CN¥119.86 Million CN¥629.68K/day CN¥- CN¥- ▼ -8 days
2015 198 days CN¥94.88 Million CN¥478.53K/day CN¥- CN¥- ▲ +1 days
2014 197 days CN¥97.12 Million CN¥493.28K/day CN¥- CN¥640.00K ▲ +29 days
2013 168 days CN¥102.14 Million CN¥609.18K/day CN¥- CN¥- ▼ -5 days
2012 173 days CN¥92.98 Million CN¥538.58K/day CN¥- CN¥- —
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)