Ningxia Qinglong Pipes Industry Co Ltd (002457) — Defensive Interval Ratio

Latest as of March 2026: 279 days

Ningxia Qinglong Pipes Industry Co Ltd (002457) has a Defensive Interval Ratio of 279 days as of March 2026. Defensive assets of CN¥1.40 Billion (cash CN¥-, short-term investments CN¥80.00 Million, receivables CN¥1.32 Billion) cover 279 days of daily cash needs of CN¥5.00 Million/day. Check 002457 goodwill-adjusted equity ratio to evaluate the tangible quality of the company's equity base.

Defensive Interval Ratio

279 days
Days of operational coverage

Defensive Assets

CN¥1.40 Billion
Cash + ST Investments + Receivables

Daily Cash Need

CN¥5.00 Million
Current Liabilities ÷ 365

Current Liabilities

CN¥1.82 Billion
CNY

Ningxia Qinglong Pipes Industry Co Ltd Defensive Interval Ratio (2007–2025)

This chart shows how Ningxia Qinglong Pipes Industry Co Ltd's Defensive Interval Ratio has evolved across 19 annual periods from 2007 to 2025. As of March 2026, the ratio stands at 279 days, meaning defensive assets of CN¥1.40 Billion can fund 279 days of operations without new revenue. Also explore Ningxia Qinglong Pipes Industry Co Ltd net asset momentum to track the company's year-over-year net asset growth rate.

Annual Defensive Interval Ratio for Ningxia Qinglong Pipes Industry Co Ltd (2007–2025)

The table below presents the year-by-year Defensive Interval Ratio for Ningxia Qinglong Pipes Industry Co Ltd from 2007 to 2025, covering 19 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 Ningxia Qinglong Pipes Industry Co Ltd market capitalisation.

Year DIR (days) Defensive Assets (CNY) Daily Cash Need Cash ST Investments Change (days)
2025 304 days CN¥1.55 Billion CN¥5.08 Million/day CN¥- CN¥116.00 Million ▼ -62 days
2024 366 days CN¥1.76 Billion CN¥4.82 Million/day CN¥- CN¥40.00 Million ▲ +24 days
2023 342 days CN¥1.60 Billion CN¥4.69 Million/day CN¥- CN¥20.00 Million ▼ -51 days
2022 393 days CN¥1.69 Billion CN¥4.30 Million/day CN¥- CN¥121.50 Million ▲ +59 days
2021 334 days CN¥1.49 Billion CN¥4.47 Million/day CN¥- CN¥107.00 Million ▲ +60 days
2020 273 days CN¥1.02 Billion CN¥3.72 Million/day CN¥- CN¥234.00K ▲ +16 days
2019 258 days CN¥1.01 Billion CN¥3.93 Million/day CN¥- CN¥17.99 Million ▼ -39 days
2018 296 days CN¥787.33 Million CN¥2.66 Million/day CN¥- CN¥281.40K ▲ +90 days
2017 207 days CN¥526.92 Million CN¥2.55 Million/day CN¥- CN¥428.10K ▲ +25 days
2016 181 days CN¥526.65 Million CN¥2.91 Million/day CN¥- CN¥481.50K ▼ -161 days
2015 342 days CN¥612.58 Million CN¥1.79 Million/day CN¥- CN¥472.20K ▼ -108 days
2014 450 days CN¥592.56 Million CN¥1.32 Million/day CN¥- CN¥309.80K ▲ +97 days
2013 354 days CN¥654.28 Million CN¥1.85 Million/day CN¥- CN¥673.16K ▼ -252 days
2012 606 days CN¥531.54 Million CN¥876.97K/day CN¥- CN¥747.55K ▼ -5 days
2011 611 days CN¥521.20 Million CN¥852.51K/day CN¥- CN¥792.84K ▲ +255 days
2010 356 days CN¥331.28 Million CN¥929.44K/day CN¥- CN¥985.39K ▲ +163 days
2009 194 days CN¥223.40 Million CN¥1.15 Million/day CN¥- CN¥6.01 Million ▲ +42 days
2008 152 days CN¥160.05 Million CN¥1.05 Million/day CN¥- CN¥660.78K ▼ -42 days
2007 194 days CN¥145.38 Million CN¥750.96K/day CN¥- CN¥1.73 Million —
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)