Tongqinglou Dining Co Ltd (605108) — Defensive Interval Ratio

Latest as of June 2025: 13 days

Tongqinglou Dining Co Ltd (605108) has a Defensive Interval Ratio of 13 days as of June 2025. Defensive assets of CN¥53.27 Million (cash CN¥-, short-term investments CN¥-, receivables CN¥53.27 Million) cover 13 days of daily cash needs of CN¥4.22 Million/day. See Tongqinglou Dining Co Ltd (605108) liquidity to equity ratio to evaluate short-term liquidity relative to the company's equity base.

Defensive Interval Ratio

13 days
Days of operational coverage

Defensive Assets

CN¥53.27 Million
Cash + ST Investments + Receivables

Daily Cash Need

CN¥4.22 Million
Current Liabilities ÷ 365

Current Liabilities

CN¥1.54 Billion
CNY

Tongqinglou Dining Co Ltd Defensive Interval Ratio (2019–2024)

This chart shows how Tongqinglou Dining Co Ltd's Defensive Interval Ratio has evolved across 6 annual periods from 2019 to 2024. As of June 2025, the ratio stands at 13 days, meaning defensive assets of CN¥53.27 Million can fund 13 days of operations without new revenue. See 605108 net asset quality index to measure how much of total assets are equity-financed.

Annual Defensive Interval Ratio for Tongqinglou Dining Co Ltd (2019–2024)

The table below presents the year-by-year Defensive Interval Ratio for Tongqinglou Dining Co Ltd from 2019 to 2024, covering 6 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 Tongqinglou Dining Co Ltd.

Year DIR (days) Defensive Assets (CNY) Daily Cash Need Cash ST Investments Change (days)
2024 12 days CN¥46.11 Million CN¥3.86 Million/day CN¥- CN¥9.53K ▼ -2 days
2023 14 days CN¥34.13 Million CN¥2.43 Million/day CN¥- CN¥270.68K ▼ -72 days
2022 86 days CN¥113.10 Million CN¥1.31 Million/day CN¥- CN¥80.56 Million ▼ -398 days
2021 485 days CN¥547.50 Million CN¥1.13 Million/day CN¥- CN¥539.93 Million ▼ -95 days
2020 580 days CN¥605.11 Million CN¥1.04 Million/day CN¥- CN¥598.06 Million ▲ +576 days
2019 4 days CN¥4.01 Million CN¥933.66K/day CN¥- CN¥-
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)