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.
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. For the complete balance sheet picture, see 688231 asset base.
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. See Jiangsu Longda Superalloy Co. Ltd. A (688231) liquidity to equity ratio to evaluate short-term liquidity relative to the company's equity base.
| 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 | — |