Sinosteel Luonai Materials Technology Co. Ltd. A (688119) — Defensive Interval Ratio
Sinosteel Luonai Materials Technology Co. Ltd. A (688119) has a Defensive Interval Ratio of 190 days as of March 2026. Defensive assets of CN¥975.82 Million (cash CN¥-, short-term investments CN¥493.49K, receivables CN¥975.33 Million) cover 190 days of daily cash needs of CN¥5.14 Million/day. See working capital position of Sinosteel Luonai Materials Technology Co to evaluate short-term liquidity relative to the company's equity base.
Defensive Interval Ratio
Defensive Assets
Daily Cash Need
Current Liabilities
Sinosteel Luonai Materials Technology Co. Ltd. A Defensive Interval Ratio (2020–2025)
This chart shows how Sinosteel Luonai Materials Technology Co. Ltd. A's Defensive Interval Ratio has evolved across 6 annual periods from 2020 to 2025. As of March 2026, the ratio stands at 190 days, meaning defensive assets of CN¥975.82 Million can fund 190 days of operations without new revenue. See how leveraged is Sinosteel Luonai Materials Technology Co's balance sheet to measure how much of total assets are equity-financed.
Annual Defensive Interval Ratio for Sinosteel Luonai Materials Technology Co. Ltd. A (2020–2025)
The table below presents the year-by-year Defensive Interval Ratio for Sinosteel Luonai Materials Technology Co. Ltd. A from 2020 to 2025, 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 Sinosteel Luonai Materials Technology Co.
| Year | DIR (days) | Defensive Assets (CNY) | Daily Cash Need | Cash | ST Investments | Change (days) |
|---|---|---|---|---|---|---|
| 2025 | 165 days | CN¥894.91 Million | CN¥5.44 Million/day | CN¥- | CN¥486.65K | ▼ -165 days |
| 2024 | 329 days | CN¥1.78 Billion | CN¥5.40 Million/day | CN¥- | CN¥751.64 Million | ▲ +139 days |
| 2023 | 191 days | CN¥956.08 Million | CN¥5.01 Million/day | CN¥- | CN¥474.96K | ▼ -18 days |
| 2022 | 208 days | CN¥1.17 Billion | CN¥5.63 Million/day | CN¥- | CN¥350.79 Million | ▲ +75 days |
| 2021 | 133 days | CN¥614.80 Million | CN¥4.61 Million/day | CN¥- | CN¥60.70 Million | ▼ -22 days |
| 2020 | 156 days | CN¥561.45 Million | CN¥3.60 Million/day | CN¥- | CN¥489.48K | — |