Xiangyang Changyuan Donggu Industry Co Ltd (603950) — Defensive Interval Ratio

Latest as of March 2026: 125 days

Xiangyang Changyuan Donggu Industry Co Ltd (603950) has a Defensive Interval Ratio of 125 days as of March 2026. Defensive assets of CN¥708.44 Million (cash CN¥-, short-term investments CN¥50.00 Million, receivables CN¥658.44 Million) cover 125 days of daily cash needs of CN¥5.68 Million/day. Check tangible net worth ratio of Xiangyang Changyuan Donggu Industry Co L to evaluate the tangible quality of the company's equity base.

Defensive Interval Ratio

125 days
Days of operational coverage

Defensive Assets

CN¥708.44 Million
Cash + ST Investments + Receivables

Daily Cash Need

CN¥5.68 Million
Current Liabilities ÷ 365

Current Liabilities

CN¥2.07 Billion
CNY

Xiangyang Changyuan Donggu Industry Co Ltd Defensive Interval Ratio (2015–2025)

This chart shows how Xiangyang Changyuan Donggu Industry Co Ltd's Defensive Interval Ratio has evolved across 11 annual periods from 2015 to 2025. As of March 2026, the ratio stands at 125 days, meaning defensive assets of CN¥708.44 Million can fund 125 days of operations without new revenue. Also explore net asset momentum of Xiangyang Changyuan Donggu Industry Co L to track the company's year-over-year net asset growth rate.

Annual Defensive Interval Ratio for Xiangyang Changyuan Donggu Industry Co Ltd (2015–2025)

The table below presents the year-by-year Defensive Interval Ratio for Xiangyang Changyuan Donggu Industry Co Ltd from 2015 to 2025, covering 11 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 Xiangyang Changyuan Donggu Industry Co L market cap and net worth.

Year DIR (days) Defensive Assets (CNY) Daily Cash Need Cash ST Investments Change (days)
2025 140 days CN¥767.25 Million CN¥5.48 Million/day CN¥- CN¥- ▼ -162 days
2024 303 days CN¥1.25 Billion CN¥4.12 Million/day CN¥- CN¥54.30 Million ▼ -40 days
2023 342 days CN¥865.39 Million CN¥2.53 Million/day CN¥- CN¥64.53 Million ▲ +77 days
2022 266 days CN¥780.83 Million CN¥2.94 Million/day CN¥- CN¥27.41 Million ▼ -98 days
2021 363 days CN¥719.22 Million CN¥1.98 Million/day CN¥- CN¥51.85 Million ▲ +9 days
2020 354 days CN¥884.80 Million CN¥2.50 Million/day CN¥- CN¥41.19 Million ▲ +103 days
2019 251 days CN¥534.72 Million CN¥2.13 Million/day CN¥- CN¥- ▲ +55 days
2018 196 days CN¥552.65 Million CN¥2.82 Million/day CN¥- CN¥- ▼ -137 days
2017 333 days CN¥492.16 Million CN¥1.48 Million/day CN¥- CN¥- ▲ +48 days
2016 285 days CN¥344.48 Million CN¥1.21 Million/day CN¥- CN¥- ▲ +115 days
2015 169 days CN¥230.63 Million CN¥1.36 Million/day CN¥- CN¥- —
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)