Tangshan Sunfar Silicon Ind (603938) — Defensive Interval Ratio

Latest as of March 2026: 251 days

Tangshan Sunfar Silicon Ind (603938) has a Defensive Interval Ratio of 251 days as of March 2026. Defensive assets of CN¥620.38 Million (cash CN¥-, short-term investments CN¥440.00 Million, receivables CN¥180.38 Million) cover 251 days of daily cash needs of CN¥2.47 Million/day. Check Tangshan Sunfar Silicon Ind tangible net worth ratio to evaluate the tangible quality of the company's equity base.

Defensive Interval Ratio

251 days
Days of operational coverage

Defensive Assets

CN¥620.38 Million
Cash + ST Investments + Receivables

Daily Cash Need

CN¥2.47 Million
Current Liabilities ÷ 365

Current Liabilities

CN¥901.73 Million
CNY

Tangshan Sunfar Silicon Ind Defensive Interval Ratio (2012–2025)

This chart shows how Tangshan Sunfar Silicon Ind's Defensive Interval Ratio has evolved across 14 annual periods from 2012 to 2025. As of March 2026, the ratio stands at 251 days, meaning defensive assets of CN¥620.38 Million can fund 251 days of operations without new revenue. Also explore 603938 net asset momentum to track the company's year-over-year net asset growth rate.

Annual Defensive Interval Ratio for Tangshan Sunfar Silicon Ind (2012–2025)

The table below presents the year-by-year Defensive Interval Ratio for Tangshan Sunfar Silicon Ind from 2012 to 2025, 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 Tangshan Sunfar Silicon Ind market capitalisation.

Year DIR (days) Defensive Assets (CNY) Daily Cash Need Cash ST Investments Change (days)
2025 277 days CN¥549.18 Million CN¥1.98 Million/day CN¥- CN¥410.00 Million ▼ -177 days
2024 454 days CN¥783.98 Million CN¥1.73 Million/day CN¥- CN¥380.00 Million ▼ -311 days
2023 765 days CN¥1.19 Billion CN¥1.55 Million/day CN¥- CN¥719.00 Million ▲ +173 days
2022 592 days CN¥1.08 Billion CN¥1.83 Million/day CN¥- CN¥310.00 Million ▲ +194 days
2021 398 days CN¥584.21 Million CN¥1.47 Million/day CN¥- CN¥52.00 Million ▼ -571 days
2020 969 days CN¥458.62 Million CN¥473.20K/day CN¥- CN¥150.00 Million ▼ -973 days
2019 1942 days CN¥434.43 Million CN¥223.66K/day CN¥- CN¥100.00 Million ▼ -184 days
2018 2126 days CN¥439.63 Million CN¥206.79K/day CN¥- CN¥- ▼ -563 days
2017 2689 days CN¥513.19 Million CN¥190.86K/day CN¥- CN¥270.00 Million ▲ +2126 days
2016 563 days CN¥122.30 Million CN¥217.35K/day CN¥- CN¥- ▲ +146 days
2015 417 days CN¥92.84 Million CN¥222.77K/day CN¥- CN¥- ▼ -180 days
2014 597 days CN¥91.88 Million CN¥153.99K/day CN¥- CN¥- ▲ +262 days
2013 334 days CN¥112.82 Million CN¥337.60K/day CN¥- CN¥- ▲ +227 days
2012 107 days CN¥40.06 Million CN¥373.91K/day CN¥- CN¥- —
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)