Ningbo Changhong Polymer Scientific & Technical Inc (605008) — Defensive Interval Ratio
Ningbo Changhong Polymer Scientific & Technical Inc (605008) has a Defensive Interval Ratio of 108 days as of September 2025. Defensive assets of CN¥763.74 Million (cash CN¥-, short-term investments CN¥-, receivables CN¥763.74 Million) cover 108 days of daily cash needs of CN¥7.08 Million/day. See working capital position of Ningbo Changhong Polymer Scientific & Te to evaluate short-term liquidity relative to the company's equity base.
Defensive Interval Ratio
Defensive Assets
Daily Cash Need
Current Liabilities
Ningbo Changhong Polymer Scientific & Technical Inc Defensive Interval Ratio (2016–2024)
This chart shows how Ningbo Changhong Polymer Scientific & Technical Inc's Defensive Interval Ratio has evolved across 9 annual periods from 2016 to 2024. As of September 2025, the ratio stands at 108 days, meaning defensive assets of CN¥763.74 Million can fund 108 days of operations without new revenue. See 605008 net asset quality index to measure how much of total assets are equity-financed.
Annual Defensive Interval Ratio for Ningbo Changhong Polymer Scientific & Technical Inc (2016–2024)
The table below presents the year-by-year Defensive Interval Ratio for Ningbo Changhong Polymer Scientific & Technical Inc from 2016 to 2024, covering 9 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 Ningbo Changhong Polymer Scientific & Te market cap and net worth.
| Year | DIR (days) | Defensive Assets (CNY) | Daily Cash Need | Cash | ST Investments | Change (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¥- | — |