Shenzhen Sunxing Light Alloys (603978) — Defensive Interval Ratio

Latest as of September 2025: 279 days

Shenzhen Sunxing Light Alloys (603978) has a Defensive Interval Ratio of 279 days as of September 2025. Defensive assets of CN¥1.42 Billion (cash CN¥-, short-term investments CN¥-, receivables CN¥1.42 Billion) cover 279 days of daily cash needs of CN¥5.09 Million/day. Check 603978 intangible-adjusted equity ratio to evaluate the tangible quality of the company's equity base.

Defensive Interval Ratio

279 days
Days of operational coverage

Defensive Assets

CN¥1.42 Billion
Cash + ST Investments + Receivables

Daily Cash Need

CN¥5.09 Million
Current Liabilities ÷ 365

Current Liabilities

CN¥1.86 Billion
CNY

Shenzhen Sunxing Light Alloys Defensive Interval Ratio (2012–2024)

This chart shows how Shenzhen Sunxing Light Alloys's Defensive Interval Ratio has evolved across 13 annual periods from 2012 to 2024. As of September 2025, the ratio stands at 279 days, meaning defensive assets of CN¥1.42 Billion can fund 279 days of operations without new revenue. Also explore 603978 net assets growth trend to track the company's year-over-year net asset growth rate.

Annual Defensive Interval Ratio for Shenzhen Sunxing Light Alloys (2012–2024)

The table below presents the year-by-year Defensive Interval Ratio for Shenzhen Sunxing Light Alloys 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 market cap of Shenzhen Sunxing Light Alloys.

Year DIR (days) Defensive Assets (CNY) Daily Cash Need Cash ST Investments Change (days)
2024 276 days CN¥1.26 Billion CN¥4.54 Million/day CN¥- CN¥- ▼ -60 days
2023 336 days CN¥979.86 Million CN¥2.92 Million/day CN¥- CN¥100.70K ▼ -104 days
2022 440 days CN¥964.33 Million CN¥2.19 Million/day CN¥- CN¥- ▼ -331 days
2021 771 days CN¥1.01 Billion CN¥1.31 Million/day CN¥- CN¥- ▲ +183 days
2020 588 days CN¥692.41 Million CN¥1.18 Million/day CN¥- CN¥- ▲ +262 days
2019 327 days CN¥516.80 Million CN¥1.58 Million/day CN¥- CN¥- ▼ -77 days
2018 404 days CN¥514.90 Million CN¥1.28 Million/day CN¥- CN¥- ▼ -402 days
2017 806 days CN¥519.44 Million CN¥644.68K/day CN¥- CN¥- ▲ +305 days
2016 501 days CN¥326.08 Million CN¥651.02K/day CN¥- CN¥- ▼ -16 days
2015 517 days CN¥225.99 Million CN¥437.32K/day CN¥- CN¥- ▼ -35 days
2014 552 days CN¥219.87 Million CN¥398.18K/day CN¥- CN¥- ▼ -62 days
2013 614 days CN¥218.19 Million CN¥355.28K/day CN¥- CN¥- ▲ +106 days
2012 509 days CN¥151.12 Million CN¥297.17K/day CN¥- CN¥- —
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)