Tangshan Sunfar Silicon Ind (603938) — Defensive Interval Ratio

Latest as of June 2026: 289 days

Tangshan Sunfar Silicon Ind (603938) has a Defensive Interval Ratio of 289 days as of June 2026. Defensive assets of CN¥602.18 Million (cash CN¥-, short-term investments CN¥390.71 Million, receivables CN¥211.46 Million) cover 289 days of daily cash needs of CN¥2.08 Million/day.

Defensive Interval Ratio

289 days
Days of operational coverage

Defensive Assets

CN¥602.18 Million
Cash + ST Investments + Receivables

Daily Cash Need

CN¥2.08 Million
Current Liabilities ÷ 365

Current Liabilities

CN¥759.56 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 June 2026, the ratio stands at 289 days, meaning defensive assets of CN¥602.18 Million can fund 289 days of operations without new revenue. For the complete balance sheet picture, see Tangshan Sunfar Silicon Ind assets under control.

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. See working capital to net assets of Tangshan Sunfar Silicon Ind 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 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)