NINGBO HENGSHUAI Co. LTD. (300969) — Defensive Interval Ratio
NINGBO HENGSHUAI Co. LTD. (300969) has a Defensive Interval Ratio of 1581 days as of September 2025. Defensive assets of CN¥1.03 Billion (cash CN¥-, short-term investments CN¥785.83 Million, receivables CN¥244.98 Million) cover 1581 days of daily cash needs of CN¥651.94K/day.
Defensive Interval Ratio
Defensive Assets
Daily Cash Need
Current Liabilities
NINGBO HENGSHUAI Co. LTD. Defensive Interval Ratio (2017–2024)
This chart shows how NINGBO HENGSHUAI Co. LTD.'s Defensive Interval Ratio has evolved across 8 annual periods from 2017 to 2024. As of September 2025, the ratio stands at 1581 days, meaning defensive assets of CN¥1.03 Billion can fund 1581 days of operations without new revenue. For the complete balance sheet picture, see 300969 asset base.
Annual Defensive Interval Ratio for NINGBO HENGSHUAI Co. LTD. (2017–2024)
The table below presents the year-by-year Defensive Interval Ratio for NINGBO HENGSHUAI Co. LTD. from 2017 to 2024, covering 8 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 working capital position of NINGBO HENGSHUAI Co. LTD. 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) |
|---|---|---|---|---|---|---|
| 2024 | 814 days | CN¥583.16 Million | CN¥716.15K/day | CN¥- | CN¥325.02 Million | ▲ +180 days |
| 2023 | 634 days | CN¥502.47 Million | CN¥792.29K/day | CN¥- | CN¥241.12 Million | ▼ -255 days |
| 2022 | 889 days | CN¥567.59 Million | CN¥638.24K/day | CN¥- | CN¥371.94 Million | ▼ -493 days |
| 2021 | 1382 days | CN¥526.14 Million | CN¥380.61K/day | CN¥- | CN¥373.51 Million | ▲ +906 days |
| 2020 | 476 days | CN¥150.39 Million | CN¥315.98K/day | CN¥- | CN¥56.92 Million | ▼ -145 days |
| 2019 | 621 days | CN¥127.57 Million | CN¥205.37K/day | CN¥- | CN¥62.38 Million | ▲ +193 days |
| 2018 | 428 days | CN¥112.08 Million | CN¥261.62K/day | CN¥- | CN¥43.25 Million | ▼ -502 days |
| 2017 | 931 days | CN¥187.27 Million | CN¥201.25K/day | CN¥- | CN¥119.10 Million | — |