Swancor Advanced Materials Co Ltd (688585) — Defensive Interval Ratio
Swancor Advanced Materials Co Ltd (688585) has a Defensive Interval Ratio of 379 days as of September 2025. Defensive assets of CN¥927.14 Million (cash CN¥-, short-term investments CN¥-, receivables CN¥927.14 Million) cover 379 days of daily cash needs of CN¥2.45 Million/day. Check Swancor Advanced Materials Co Ltd tangible book value ratio to evaluate the tangible quality of the company's equity base.
Defensive Interval Ratio
Defensive Assets
Daily Cash Need
Current Liabilities
Swancor Advanced Materials Co Ltd Defensive Interval Ratio (2016–2024)
This chart shows how Swancor Advanced 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 379 days, meaning defensive assets of CN¥927.14 Million can fund 379 days of operations without new revenue. Also explore net asset growth rate of Swancor Advanced Materials Co Ltd to track the company's year-over-year net asset growth rate.
Annual Defensive Interval Ratio for Swancor Advanced Materials Co Ltd (2016–2024)
The table below presents the year-by-year Defensive Interval Ratio for Swancor Advanced 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 688585 stock market capitalisation.
| Year | DIR (days) | Defensive Assets (CNY) | Daily Cash Need | Cash | ST Investments | Change (days) |
|---|---|---|---|---|---|---|
| 2024 | 415 days | CN¥767.12 Million | CN¥1.85 Million/day | CN¥- | CN¥- | ▼ -12 days |
| 2023 | 427 days | CN¥661.95 Million | CN¥1.55 Million/day | CN¥- | CN¥11.01K | ▼ -127 days |
| 2022 | 554 days | CN¥1.02 Billion | CN¥1.84 Million/day | CN¥- | CN¥- | ▲ +121 days |
| 2021 | 433 days | CN¥1.06 Billion | CN¥2.44 Million/day | CN¥- | CN¥- | ▼ -65 days |
| 2020 | 498 days | CN¥1.26 Billion | CN¥2.53 Million/day | CN¥- | CN¥- | ▼ -124 days |
| 2019 | 622 days | CN¥825.12 Million | CN¥1.33 Million/day | CN¥- | CN¥- | ▲ +6 days |
| 2018 | 616 days | CN¥754.86 Million | CN¥1.23 Million/day | CN¥- | CN¥- | ▲ +139 days |
| 2017 | 476 days | CN¥541.35 Million | CN¥1.14 Million/day | CN¥- | CN¥- | ▼ -185 days |
| 2016 | 661 days | CN¥752.24 Million | CN¥1.14 Million/day | CN¥- | CN¥- | — |