Xiamen Solex High-Tech Industries Co Ltd (603992) — Defensive Interval Ratio

Latest as of September 2025: 681 days

Xiamen Solex High-Tech Industries Co Ltd (603992) has a Defensive Interval Ratio of 681 days as of September 2025. Defensive assets of CN¥1.51 Billion (cash CN¥-, short-term investments CN¥996.11 Million, receivables CN¥514.58 Million) cover 681 days of daily cash needs of CN¥2.22 Million/day. Check tangible net worth ratio of Xiamen Solex High-Tech Industries Co Ltd to evaluate the tangible quality of the company's equity base.

Defensive Interval Ratio

681 days
Days of operational coverage

Defensive Assets

CN¥1.51 Billion
Cash + ST Investments + Receivables

Daily Cash Need

CN¥2.22 Million
Current Liabilities ÷ 365

Current Liabilities

CN¥809.36 Million
CNY

Xiamen Solex High-Tech Industries Co Ltd Defensive Interval Ratio (2015–2024)

This chart shows how Xiamen Solex High-Tech Industries Co Ltd's Defensive Interval Ratio has evolved across 10 annual periods from 2015 to 2024. As of September 2025, the ratio stands at 681 days, meaning defensive assets of CN¥1.51 Billion can fund 681 days of operations without new revenue. Also explore Xiamen Solex High-Tech Industries Co Ltd (603992) equity growth momentum to track the company's year-over-year net asset growth rate.

Annual Defensive Interval Ratio for Xiamen Solex High-Tech Industries Co Ltd (2015–2024)

The table below presents the year-by-year Defensive Interval Ratio for Xiamen Solex High-Tech Industries 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 603992 stock market capitalisation.

Year DIR (days) Defensive Assets (CNY) Daily Cash Need Cash ST Investments Change (days)
2024 847 days CN¥1.87 Billion CN¥2.21 Million/day CN¥- CN¥1.26 Billion ▲ +352 days
2023 495 days CN¥1.36 Billion CN¥2.74 Million/day CN¥- CN¥728.67 Million ▲ +102 days
2022 393 days CN¥1.01 Billion CN¥2.57 Million/day CN¥- CN¥416.29 Million ▲ +162 days
2021 231 days CN¥752.94 Million CN¥3.26 Million/day CN¥- CN¥12.67 Million ▼ -131 days
2020 362 days CN¥701.87 Million CN¥1.94 Million/day CN¥- CN¥258.33 Million ▲ +131 days
2019 231 days CN¥355.18 Million CN¥1.54 Million/day CN¥- CN¥- ▼ -24 days
2018 254 days CN¥310.79 Million CN¥1.22 Million/day CN¥- CN¥- ▼ -4 days
2017 258 days CN¥303.18 Million CN¥1.17 Million/day CN¥- CN¥4.35 Million ▼ -133 days
2016 391 days CN¥575.69 Million CN¥1.47 Million/day CN¥- CN¥20.28 Million ▲ +35 days
2015 356 days CN¥589.46 Million CN¥1.66 Million/day CN¥- CN¥787.90K
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)