Jiangsu Longda Superalloy Co. Ltd. A (688231) — Defensive Interval Ratio
Jiangsu Longda Superalloy Co. Ltd. A (688231) has a Defensive Interval Ratio of 371 days as of March 2026. Defensive assets of CN¥1.50 Billion (cash CN¥-, short-term investments CN¥471.11 Million, receivables CN¥1.03 Billion) cover 371 days of daily cash needs of CN¥4.05 Million/day. See Jiangsu Longda Superalloy Co. Ltd. A short-term liquidity ratio to evaluate short-term liquidity relative to the company's equity base.
Defensive Interval Ratio
Defensive Assets
Daily Cash Need
Current Liabilities
Jiangsu Longda Superalloy Co. Ltd. A Defensive Interval Ratio (2020–2025)
This chart shows how Jiangsu Longda Superalloy 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 371 days, meaning defensive assets of CN¥1.50 Billion can fund 371 days of operations without new revenue. See Jiangsu Longda Superalloy Co. Ltd. A net asset quality index to measure how much of total assets are equity-financed.
Annual Defensive Interval Ratio for Jiangsu Longda Superalloy Co. Ltd. A (2020–2025)
The table below presents the year-by-year Defensive Interval Ratio for Jiangsu Longda Superalloy 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 688231 market cap.
| Year | DIR (days) | Defensive Assets (CNY) | Daily Cash Need | Cash | ST Investments | Change (days) |
|---|---|---|---|---|---|---|
| 2025 | 378 days | CN¥1.28 Billion | CN¥3.38 Million/day | CN¥- | CN¥350.58 Million | ▲ +64 days |
| 2024 | 314 days | CN¥566.99 Million | CN¥1.80 Million/day | CN¥- | CN¥1.25K | ▼ -33 days |
| 2023 | 348 days | CN¥419.03 Million | CN¥1.21 Million/day | CN¥- | CN¥1.80 Million | ▼ -139 days |
| 2022 | 487 days | CN¥339.77 Million | CN¥698.30K/day | CN¥- | CN¥- | ▲ +364 days |
| 2021 | 123 days | CN¥168.64 Million | CN¥1.37 Million/day | CN¥- | CN¥10.00K | ▼ -9 days |
| 2020 | 132 days | CN¥119.08 Million | CN¥904.10K/day | CN¥- | CN¥487.18K | — |