Zhejiang Jianye Chemical Co Ltd (603948) — Defensive Interval Ratio

Latest as of September 2025: 976 days

Zhejiang Jianye Chemical Co Ltd (603948) has a Defensive Interval Ratio of 976 days as of September 2025. Defensive assets of CN¥1.12 Billion (cash CN¥-, short-term investments CN¥520.00 Million, receivables CN¥599.11 Million) cover 976 days of daily cash needs of CN¥1.15 Million/day. See Zhejiang Jianye Chemical Co Ltd working capital to net assets to evaluate short-term liquidity relative to the company's equity base.

Defensive Interval Ratio

976 days
Days of operational coverage

Defensive Assets

CN¥1.12 Billion
Cash + ST Investments + Receivables

Daily Cash Need

CN¥1.15 Million
Current Liabilities ÷ 365

Current Liabilities

CN¥418.51 Million
CNY

Zhejiang Jianye Chemical Co Ltd Defensive Interval Ratio (2015–2024)

This chart shows how Zhejiang Jianye Chemical Co Ltd's Defensive Interval Ratio has evolved across 10 annual periods from 2015 to 2024. As of September 2025, the ratio stands at 976 days, meaning defensive assets of CN¥1.12 Billion can fund 976 days of operations without new revenue. See Zhejiang Jianye Chemical Co Ltd balance sheet independence to measure how much of total assets are equity-financed.

Annual Defensive Interval Ratio for Zhejiang Jianye Chemical Co Ltd (2015–2024)

The table below presents the year-by-year Defensive Interval Ratio for Zhejiang Jianye Chemical Co Ltd from 2015 to 2024, covering 10 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 603948 market cap.

Year DIR (days) Defensive Assets (CNY) Daily Cash Need Cash ST Investments Change (days)
2024 545 days CN¥689.93 Million CN¥1.27 Million/day CN¥- CN¥256.41 ▲ +53 days
2023 492 days CN¥777.45 Million CN¥1.58 Million/day CN¥- CN¥- ▲ +75 days
2022 417 days CN¥707.87 Million CN¥1.70 Million/day CN¥- CN¥- ▼ -80 days
2021 497 days CN¥726.93 Million CN¥1.46 Million/day CN¥- CN¥- ▲ +47 days
2020 450 days CN¥498.41 Million CN¥1.11 Million/day CN¥- CN¥- ▼ -3 days
2019 453 days CN¥224.30 Million CN¥494.70K/day CN¥- CN¥- ▲ +205 days
2018 248 days CN¥196.79 Million CN¥793.46K/day CN¥- CN¥- ▼ -103 days
2017 351 days CN¥408.50 Million CN¥1.16 Million/day CN¥- CN¥- ▲ +185 days
2016 166 days CN¥247.41 Million CN¥1.49 Million/day CN¥- CN¥- ▲ +37 days
2015 129 days CN¥183.05 Million CN¥1.42 Million/day CN¥- CN¥- —
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)