Jiangxi Chen Guang New Materials Co Ltd (605399) — Defensive Interval Ratio

Latest as of September 2025: 326 days

Jiangxi Chen Guang New Materials Co Ltd (605399) has a Defensive Interval Ratio of 326 days as of September 2025. Defensive assets of CN¥512.12 Million (cash CN¥-, short-term investments CN¥110.13 Million, receivables CN¥401.99 Million) cover 326 days of daily cash needs of CN¥1.57 Million/day. Check 605399 intangible-adjusted equity ratio to evaluate the tangible quality of the company's equity base.

Defensive Interval Ratio

326 days
Days of operational coverage

Defensive Assets

CN¥512.12 Million
Cash + ST Investments + Receivables

Daily Cash Need

CN¥1.57 Million
Current Liabilities ÷ 365

Current Liabilities

CN¥573.33 Million
CNY

Jiangxi Chen Guang New Materials Co Ltd Defensive Interval Ratio (2016–2024)

This chart shows how Jiangxi Chen Guang New Materials Co Ltd's Defensive Interval Ratio has evolved across 9 annual periods from 2016 to 2024. As of September 2025, the ratio stands at 326 days, meaning defensive assets of CN¥512.12 Million can fund 326 days of operations without new revenue. Also explore Jiangxi Chen Guang New Materials Co Ltd net asset momentum to track the company's year-over-year net asset growth rate.

Annual Defensive Interval Ratio for Jiangxi Chen Guang New Materials Co Ltd (2016–2024)

The table below presents the year-by-year Defensive Interval Ratio for Jiangxi Chen Guang New Materials Co Ltd 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 605399 market cap overview.

Year DIR (days) Defensive Assets (CNY) Daily Cash Need Cash ST Investments Change (days)
2024 316 days CN¥643.35 Million CN¥2.04 Million/day CN¥- CN¥241.72 Million ▲ +127 days
2023 189 days CN¥384.07 Million CN¥2.03 Million/day CN¥- CN¥20.54 Million ▲ +286 days
2022 -97 days CN¥-51.11 Million CN¥525.96K/day CN¥- CN¥- ▼ -690 days
2021 593 days CN¥372.12 Million CN¥627.85K/day CN¥- CN¥- ▲ +43 days
2020 550 days CN¥169.50 Million CN¥308.13K/day CN¥- CN¥- ▲ +118 days
2019 432 days CN¥140.41 Million CN¥325.30K/day CN¥- CN¥- ▲ +121 days
2018 311 days CN¥78.38 Million CN¥252.41K/day CN¥- CN¥- ▲ +87 days
2017 223 days CN¥63.79 Million CN¥285.66K/day CN¥- CN¥- ▲ +44 days
2016 179 days CN¥74.15 Million CN¥413.84K/day CN¥- CN¥- —
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)