Shenzhen Sunxing Light Alloys (603978) — Defensive Interval Ratio

Latest as of June 2026: 107 days

Shenzhen Sunxing Light Alloys (603978) has a Defensive Interval Ratio of 107 days as of June 2026. Defensive assets of CN¥873.98 Million (cash CN¥-, short-term investments CN¥-, receivables CN¥873.98 Million) cover 107 days of daily cash needs of CN¥8.19 Million/day.

Defensive Interval Ratio

107 days
Days of operational coverage

Defensive Assets

CN¥873.98 Million
Cash + ST Investments + Receivables

Daily Cash Need

CN¥8.19 Million
Current Liabilities ÷ 365

Current Liabilities

CN¥2.99 Billion
CNY

Shenzhen Sunxing Light Alloys Defensive Interval Ratio (2012–2025)

This chart shows how Shenzhen Sunxing Light Alloys's Defensive Interval Ratio has evolved across 14 annual periods from 2012 to 2025. As of June 2026, the ratio stands at 107 days, meaning defensive assets of CN¥873.98 Million can fund 107 days of operations without new revenue. For the complete balance sheet picture, see 603978 current and non-current assets.

Annual Defensive Interval Ratio for Shenzhen Sunxing Light Alloys (2012–2025)

The table below presents the year-by-year Defensive Interval Ratio for Shenzhen Sunxing Light Alloys 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 Shenzhen Sunxing Light Alloys 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 123 days CN¥774.31 Million CN¥6.28 Million/day CN¥- CN¥- ▼ -153 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)