Zhejiang Kingland Pipeline and Technologies Co Ltd (002443) — Defensive Interval Ratio

Latest as of September 2025: 915 days

Zhejiang Kingland Pipeline and Technologies Co Ltd (002443) has a Defensive Interval Ratio of 915 days as of September 2025. Defensive assets of CN¥2.04 Billion (cash CN¥-, short-term investments CN¥1.06 Billion, receivables CN¥977.46 Million) cover 915 days of daily cash needs of CN¥2.23 Million/day. Check Zhejiang Kingland Pipeline and Technolog (002443) tangible equity ratio to evaluate the tangible quality of the company's equity base.

Defensive Interval Ratio

915 days
Days of operational coverage

Defensive Assets

CN¥2.04 Billion
Cash + ST Investments + Receivables

Daily Cash Need

CN¥2.23 Million
Current Liabilities ÷ 365

Current Liabilities

CN¥813.09 Million
CNY

Zhejiang Kingland Pipeline and Technologies Co Ltd Defensive Interval Ratio (2009–2024)

This chart shows how Zhejiang Kingland Pipeline and Technologies Co Ltd's Defensive Interval Ratio has evolved across 16 annual periods from 2009 to 2024. As of September 2025, the ratio stands at 915 days, meaning defensive assets of CN¥2.04 Billion can fund 915 days of operations without new revenue. Also explore net asset growth rate of Zhejiang Kingland Pipeline and Technolog to track the company's year-over-year net asset growth rate.

Annual Defensive Interval Ratio for Zhejiang Kingland Pipeline and Technologies Co Ltd (2009–2024)

The table below presents the year-by-year Defensive Interval Ratio for Zhejiang Kingland Pipeline and Technologies Co Ltd from 2009 to 2024, covering 16 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 002443 stock market capitalisation.

Year DIR (days) Defensive Assets (CNY) Daily Cash Need Cash ST Investments Change (days)
2024 1088 days CN¥1.96 Billion CN¥1.80 Million/day CN¥- CN¥983.73 Million ▲ +530 days
2023 558 days CN¥1.37 Billion CN¥2.45 Million/day CN¥- CN¥200.00 Million ▲ +167 days
2022 391 days CN¥1.35 Billion CN¥3.46 Million/day CN¥- CN¥120.00 Million ▼ -38 days
2021 429 days CN¥1.16 Billion CN¥2.71 Million/day CN¥- CN¥90.00 Million ▼ -44 days
2020 472 days CN¥1.06 Billion CN¥2.25 Million/day CN¥- CN¥150.00 Million ▲ +132 days
2019 340 days CN¥878.51 Million CN¥2.58 Million/day CN¥- CN¥150.00 Million ▲ +83 days
2018 257 days CN¥835.02 Million CN¥3.25 Million/day CN¥- CN¥125.00 Million ▼ -124 days
2017 381 days CN¥865.48 Million CN¥2.27 Million/day CN¥- CN¥280.00 Million ▲ +144 days
2016 237 days CN¥640.77 Million CN¥2.70 Million/day CN¥- CN¥156.02 Million ▼ -194 days
2015 431 days CN¥737.40 Million CN¥1.71 Million/day CN¥- CN¥295.00 Million ▲ +18 days
2014 413 days CN¥640.77 Million CN¥1.55 Million/day CN¥- CN¥220.00 Million ▲ +113 days
2013 300 days CN¥486.63 Million CN¥1.62 Million/day CN¥- CN¥- ▲ +115 days
2012 185 days CN¥407.35 Million CN¥2.21 Million/day CN¥- CN¥- ▲ +55 days
2011 130 days CN¥270.14 Million CN¥2.09 Million/day CN¥- CN¥- ▼ -11 days
2010 141 days CN¥236.96 Million CN¥1.68 Million/day CN¥- CN¥- ▲ +20 days
2009 120 days CN¥201.55 Million CN¥1.67 Million/day CN¥- CN¥- —
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)