Qiaoyin Environmental Tech Co Ltd (002973) — Defensive Interval Ratio
Qiaoyin Environmental Tech Co Ltd (002973) has a Defensive Interval Ratio of 452 days as of September 2025. Defensive assets of CN¥4.06 Billion (cash CN¥-, short-term investments CN¥6.32 Million, receivables CN¥4.06 Billion) cover 452 days of daily cash needs of CN¥8.99 Million/day. See 002973 working capital ratio to evaluate short-term liquidity relative to the company's equity base.
Defensive Interval Ratio
Defensive Assets
Daily Cash Need
Current Liabilities
Qiaoyin Environmental Tech Co Ltd Defensive Interval Ratio (2015–2024)
This chart shows how Qiaoyin Environmental Tech Co Ltd's Defensive Interval Ratio has evolved across 10 annual periods from 2015 to 2024. As of September 2025, the ratio stands at 452 days, meaning defensive assets of CN¥4.06 Billion can fund 452 days of operations without new revenue. See debt-free asset ratio of Qiaoyin Environmental Tech Co Ltd to measure how much of total assets are equity-financed.
Annual Defensive Interval Ratio for Qiaoyin Environmental Tech Co Ltd (2015–2024)
The table below presents the year-by-year Defensive Interval Ratio for Qiaoyin Environmental Tech Co Ltd from 2015 to 2024, covering 10 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 market value of Qiaoyin Environmental Tech Co Ltd.
| Year | DIR (days) | Defensive Assets (CNY) | Daily Cash Need | Cash | ST Investments | Change (days) |
|---|---|---|---|---|---|---|
| 2024 | 412 days | CN¥4.04 Billion | CN¥9.80 Million/day | CN¥- | CN¥- | ▲ +102 days |
| 2023 | 310 days | CN¥2.91 Billion | CN¥9.37 Million/day | CN¥- | CN¥- | ▲ +10 days |
| 2022 | 300 days | CN¥2.53 Billion | CN¥8.42 Million/day | CN¥- | CN¥- | ▲ +17 days |
| 2021 | 284 days | CN¥1.85 Billion | CN¥6.53 Million/day | CN¥- | CN¥- | ▼ -2 days |
| 2020 | 286 days | CN¥1.34 Billion | CN¥4.70 Million/day | CN¥- | CN¥28.00 Million | ▲ +45 days |
| 2019 | 240 days | CN¥905.66 Million | CN¥3.77 Million/day | CN¥- | CN¥- | ▼ -95 days |
| 2018 | 336 days | CN¥570.04 Million | CN¥1.70 Million/day | CN¥- | CN¥- | ▼ -363 days |
| 2017 | 698 days | CN¥528.62 Million | CN¥756.82K/day | CN¥- | CN¥- | ▲ +186 days |
| 2016 | 512 days | CN¥253.10 Million | CN¥493.91K/day | CN¥- | CN¥- | ▲ +88 days |
| 2015 | 424 days | CN¥162.89 Million | CN¥384.07K/day | CN¥- | CN¥- | — |