XTC New Energy Materials Xiamen Co Ltd (688778) — Defensive Interval Ratio

Latest as of March 2026: 114 days

XTC New Energy Materials Xiamen Co Ltd (688778) has a Defensive Interval Ratio of 114 days as of March 2026. Defensive assets of CN¥3.84 Billion (cash CN¥-, short-term investments CN¥100.02 Million, receivables CN¥3.74 Billion) cover 114 days of daily cash needs of CN¥33.69 Million/day.

Defensive Interval Ratio

114 days
Days of operational coverage

Defensive Assets

CN¥3.84 Billion
Cash + ST Investments + Receivables

Daily Cash Need

CN¥33.69 Million
Current Liabilities ÷ 365

Current Liabilities

CN¥12.30 Billion
CNY

XTC New Energy Materials Xiamen Co Ltd Defensive Interval Ratio (2017–2025)

This chart shows how XTC New Energy Materials Xiamen Co Ltd's Defensive Interval Ratio has evolved across 9 annual periods from 2017 to 2025. As of March 2026, the ratio stands at 114 days, meaning defensive assets of CN¥3.84 Billion can fund 114 days of operations without new revenue. For the complete balance sheet picture, see XTC New Energy Materials Xiamen Co Ltd total assets.

Annual Defensive Interval Ratio for XTC New Energy Materials Xiamen Co Ltd (2017–2025)

The table below presents the year-by-year Defensive Interval Ratio for XTC New Energy Materials Xiamen Co Ltd from 2017 to 2025, 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. See XTC New Energy Materials Xiamen Co Ltd working capital to net assets 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 131 days CN¥4.33 Billion CN¥32.99 Million/day CN¥- CN¥300.03 Million ▼ -175 days
2024 306 days CN¥4.18 Billion CN¥13.67 Million/day CN¥- CN¥502.77 Million ▼ -128 days
2023 434 days CN¥4.48 Billion CN¥10.33 Million/day CN¥- CN¥504.16 Million ▲ +33 days
2022 401 days CN¥6.60 Billion CN¥16.44 Million/day CN¥- CN¥450.23 Million ▲ +146 days
2021 255 days CN¥3.63 Billion CN¥14.22 Million/day CN¥- CN¥200.54 Million ▲ +82 days
2020 174 days CN¥1.49 Billion CN¥8.55 Million/day CN¥- CN¥- ▲ +20 days
2019 154 days CN¥1.44 Billion CN¥9.35 Million/day CN¥- CN¥- ▲ +50 days
2018 104 days CN¥1.27 Billion CN¥12.23 Million/day CN¥- CN¥- ▼ -41 days
2017 146 days CN¥1.16 Billion CN¥7.96 Million/day CN¥- CN¥- —
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)