Xinxing Ductile Iron Pipes Co Ltd (000778) — Defensive Interval Ratio

Latest as of March 2026: 82 days

Xinxing Ductile Iron Pipes Co Ltd (000778) has a Defensive Interval Ratio of 82 days as of March 2026. Defensive assets of CN¥4.09 Billion (cash CN¥-, short-term investments CN¥-, receivables CN¥4.09 Billion) cover 82 days of daily cash needs of CN¥49.79 Million/day. Check 000778 intangible-adjusted equity ratio to evaluate the tangible quality of the company's equity base.

Defensive Interval Ratio

82 days
Days of operational coverage

Defensive Assets

CN¥4.09 Billion
Cash + ST Investments + Receivables

Daily Cash Need

CN¥49.79 Million
Current Liabilities ÷ 365

Current Liabilities

CN¥18.17 Billion
CNY

Xinxing Ductile Iron Pipes Co Ltd Defensive Interval Ratio (1994–2025)

This chart shows how Xinxing Ductile Iron Pipes Co Ltd's Defensive Interval Ratio has evolved across 32 annual periods from 1994 to 2025. As of March 2026, the ratio stands at 82 days, meaning defensive assets of CN¥4.09 Billion can fund 82 days of operations without new revenue. Also explore 000778 year-over-year net asset growth to track the company's year-over-year net asset growth rate.

Annual Defensive Interval Ratio for Xinxing Ductile Iron Pipes Co Ltd (1994–2025)

The table below presents the year-by-year Defensive Interval Ratio for Xinxing Ductile Iron Pipes Co Ltd from 1994 to 2025, covering 32 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 000778 company net worth.

Year DIR (days) Defensive Assets (CNY) Daily Cash Need Cash ST Investments Change (days)
2025 77 days CN¥3.82 Billion CN¥49.33 Million/day CN¥- CN¥- ▼ -106 days
2024 184 days CN¥8.42 Billion CN¥45.80 Million/day CN¥- CN¥- ▲ +46 days
2023 137 days CN¥7.32 Billion CN¥53.32 Million/day CN¥- CN¥- ▼ -23 days
2022 160 days CN¥7.79 Billion CN¥48.59 Million/day CN¥- CN¥- ▲ +16 days
2021 144 days CN¥8.45 Billion CN¥58.62 Million/day CN¥- CN¥- ▲ +41 days
2020 103 days CN¥6.74 Billion CN¥65.48 Million/day CN¥- CN¥- ▼ -20 days
2019 122 days CN¥6.94 Billion CN¥56.72 Million/day CN¥- CN¥1.76 Million ▼ -24 days
2018 147 days CN¥10.12 Billion CN¥69.03 Million/day CN¥- CN¥5.89 Million ▼ -57 days
2017 203 days CN¥12.81 Billion CN¥62.94 Million/day CN¥- CN¥150.07 Million ▲ +29 days
2016 175 days CN¥12.16 Billion CN¥69.51 Million/day CN¥- CN¥300.00 Million ▲ +33 days
2015 142 days CN¥8.83 Billion CN¥62.17 Million/day CN¥- CN¥625.00K ▲ +6 days
2014 136 days CN¥10.39 Billion CN¥76.24 Million/day CN¥- CN¥1.12 Million ▲ +12 days
2013 124 days CN¥8.25 Billion CN¥66.56 Million/day CN¥- CN¥1.18 Million ▼ -18 days
2012 141 days CN¥7.11 Billion CN¥50.25 Million/day CN¥- CN¥- ▼ -46 days
2011 188 days CN¥6.64 Billion CN¥35.36 Million/day CN¥- CN¥- ▲ +1 days
2010 187 days CN¥6.47 Billion CN¥34.59 Million/day CN¥- CN¥- ▼ -15 days
2009 202 days CN¥5.29 Billion CN¥26.20 Million/day CN¥- CN¥- ▲ +36 days
2008 166 days CN¥3.51 Billion CN¥21.10 Million/day CN¥- CN¥- ▼ -33 days
2007 199 days CN¥2.99 Billion CN¥15.00 Million/day CN¥- CN¥- ▼ -32 days
2006 231 days CN¥3.14 Billion CN¥13.61 Million/day CN¥- CN¥50.00 Million ▲ +84 days
2005 147 days CN¥1.92 Billion CN¥13.01 Million/day CN¥- CN¥- ▼ -1 days
2004 149 days CN¥1.62 Billion CN¥10.91 Million/day CN¥- CN¥- ▼ -27 days
2003 176 days CN¥1.70 Billion CN¥9.64 Million/day CN¥- CN¥- ▼ -23 days
2002 199 days CN¥1.45 Billion CN¥7.27 Million/day CN¥- CN¥- ▲ +35 days
2001 164 days CN¥921.39 Million CN¥5.62 Million/day CN¥- CN¥- ▼ -88 days
2000 252 days CN¥811.91 Million CN¥3.23 Million/day CN¥- CN¥- ▲ +193 days
1999 58 days CN¥181.59 Million CN¥3.11 Million/day CN¥- CN¥- ▼ -2 days
1998 61 days CN¥156.55 Million CN¥2.58 Million/day CN¥- CN¥- ▲ +4 days
1997 57 days CN¥114.57 Million CN¥2.03 Million/day CN¥- CN¥74.58 Million ▼ -163 days
1996 220 days CN¥275.55 Million CN¥1.25 Million/day CN¥- CN¥- ▼ -54 days
1995 274 days CN¥311.79 Million CN¥1.14 Million/day CN¥- CN¥- ▼ -50 days
1994 324 days CN¥391.18 Million CN¥1.21 Million/day CN¥- CN¥- —
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)