Ningbo Changhong Polymer Scientific & Technical Inc (605008) — Defensive Interval Ratio

Latest as of March 2026: 65 days

Ningbo Changhong Polymer Scientific & Technical Inc (605008) has a Defensive Interval Ratio of 65 days as of March 2026. Defensive assets of CN¥492.22 Million (cash CN¥-, short-term investments CN¥-, receivables CN¥492.22 Million) cover 65 days of daily cash needs of CN¥7.61 Million/day.

Defensive Interval Ratio

65 days
Days of operational coverage

Defensive Assets

CN¥492.22 Million
Cash + ST Investments + Receivables

Daily Cash Need

CN¥7.61 Million
Current Liabilities ÷ 365

Current Liabilities

CN¥2.78 Billion
CNY

Ningbo Changhong Polymer Scientific & Technical Inc Defensive Interval Ratio (2016–2025)

This chart shows how Ningbo Changhong Polymer Scientific & Technical Inc's Defensive Interval Ratio has evolved across 10 annual periods from 2016 to 2025. As of March 2026, the ratio stands at 65 days, meaning defensive assets of CN¥492.22 Million can fund 65 days of operations without new revenue. For the complete balance sheet picture, see 605008 current and non-current assets.

Annual Defensive Interval Ratio for Ningbo Changhong Polymer Scientific & Technical Inc (2016–2025)

The table below presents the year-by-year Defensive Interval Ratio for Ningbo Changhong Polymer Scientific & Technical Inc from 2016 to 2025, 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. See Ningbo Changhong Polymer Scientific & Te current assets vs equity 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 70 days CN¥499.60 Million CN¥7.12 Million/day CN¥- CN¥- ▼ -45 days
2024 115 days CN¥737.52 Million CN¥6.39 Million/day CN¥- CN¥- ▲ +51 days
2023 65 days CN¥355.27 Million CN¥5.48 Million/day CN¥- CN¥- ▼ -105 days
2022 170 days CN¥618.35 Million CN¥3.64 Million/day CN¥- CN¥- ▼ -7 days
2021 177 days CN¥440.47 Million CN¥2.49 Million/day CN¥- CN¥- ▼ -335 days
2020 512 days CN¥581.89 Million CN¥1.14 Million/day CN¥- CN¥200.00 Million ▲ +161 days
2019 351 days CN¥137.00 Million CN¥390.55K/day CN¥- CN¥- ▼ -11 days
2018 362 days CN¥116.35 Million CN¥321.23K/day CN¥- CN¥- ▲ +248 days
2017 114 days CN¥20.49 Million CN¥179.31K/day CN¥- CN¥- ▲ +89 days
2016 26 days CN¥9.26 Million CN¥361.21K/day CN¥- CN¥- —
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)