Ningbo Cixing (300307) — Defensive Interval Ratio

Latest as of March 2026: 87 days

Ningbo Cixing (300307) has a Defensive Interval Ratio of 87 days as of March 2026. Defensive assets of CN¥269.42 Million (cash CN¥-, short-term investments CN¥-, receivables CN¥269.42 Million) cover 87 days of daily cash needs of CN¥3.11 Million/day.

Defensive Interval Ratio

87 days
Days of operational coverage

Defensive Assets

CN¥269.42 Million
Cash + ST Investments + Receivables

Daily Cash Need

CN¥3.11 Million
Current Liabilities ÷ 365

Current Liabilities

CN¥1.14 Billion
CNY

Ningbo Cixing Defensive Interval Ratio (2008–2025)

This chart shows how Ningbo Cixing's Defensive Interval Ratio has evolved across 18 annual periods from 2008 to 2025. As of March 2026, the ratio stands at 87 days, meaning defensive assets of CN¥269.42 Million can fund 87 days of operations without new revenue. For the complete balance sheet picture, see Ningbo Cixing asset portfolio.

Annual Defensive Interval Ratio for Ningbo Cixing (2008–2025)

The table below presents the year-by-year Defensive Interval Ratio for Ningbo Cixing from 2008 to 2025, covering 18 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 300307 working capital ratio 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 71 days CN¥227.18 Million CN¥3.20 Million/day CN¥- CN¥- ▼ -25 days
2024 96 days CN¥447.59 Million CN¥4.67 Million/day CN¥- CN¥1.03 Million ▼ -39 days
2023 134 days CN¥678.44 Million CN¥5.05 Million/day CN¥- CN¥381.90K ▼ -78 days
2022 212 days CN¥982.91 Million CN¥4.63 Million/day CN¥- CN¥- ▼ -24 days
2021 237 days CN¥901.35 Million CN¥3.81 Million/day CN¥- CN¥65.61 Million ▼ -70 days
2020 307 days CN¥833.06 Million CN¥2.71 Million/day CN¥- CN¥300.18 Million ▼ -284 days
2019 590 days CN¥1.19 Billion CN¥2.01 Million/day CN¥- CN¥511.63 Million ▲ +115 days
2018 475 days CN¥1.84 Billion CN¥3.88 Million/day CN¥- CN¥1.07 Billion ▲ +226 days
2017 249 days CN¥602.90 Million CN¥2.42 Million/day CN¥- CN¥- ▼ -1212 days
2016 1461 days CN¥1.81 Billion CN¥1.24 Million/day CN¥- CN¥1.08 Billion ▲ +371 days
2015 1090 days CN¥627.58 Million CN¥575.80K/day CN¥- CN¥1.83 Million ▲ +837 days
2014 253 days CN¥330.46 Million CN¥1.31 Million/day CN¥- CN¥806.93K ▲ +72 days
2013 181 days CN¥248.19 Million CN¥1.37 Million/day CN¥- CN¥2.02 Million ▼ -362 days
2012 543 days CN¥658.66 Million CN¥1.21 Million/day CN¥- CN¥- ▲ +397 days
2011 146 days CN¥439.55 Million CN¥3.02 Million/day CN¥- CN¥- ▲ +23 days
2010 122 days CN¥466.96 Million CN¥3.81 Million/day CN¥- CN¥- ▼ -130 days
2009 252 days CN¥361.08 Million CN¥1.43 Million/day CN¥- CN¥3.01 Million ▼ -13 days
2008 266 days CN¥232.01 Million CN¥873.24K/day CN¥- CN¥- —
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)