Newonder Special Electric Co.Ltd (301120) — Defensive Interval Ratio

Latest as of September 2025: 2397 days

Newonder Special Electric Co.Ltd (301120) has a Defensive Interval Ratio of 2397 days as of September 2025. Defensive assets of CN¥794.63 Million (cash CN¥-, short-term investments CN¥421.81 Million, receivables CN¥372.81 Million) cover 2397 days of daily cash needs of CN¥331.49K/day. Check Newonder Special Electric Co.Ltd tangible equity quality to evaluate the tangible quality of the company's equity base.

Defensive Interval Ratio

2397 days
Days of operational coverage

Defensive Assets

CN¥794.63 Million
Cash + ST Investments + Receivables

Daily Cash Need

CN¥331.49K
Current Liabilities ÷ 365

Current Liabilities

CN¥120.99 Million
CNY

Newonder Special Electric Co.Ltd Defensive Interval Ratio (2013–2024)

This chart shows how Newonder Special Electric Co.Ltd's Defensive Interval Ratio has evolved across 12 annual periods from 2013 to 2024. As of September 2025, the ratio stands at 2397 days, meaning defensive assets of CN¥794.63 Million can fund 2397 days of operations without new revenue. Also explore Newonder Special Electric Co.Ltd net asset momentum to track the company's year-over-year net asset growth rate.

Annual Defensive Interval Ratio for Newonder Special Electric Co.Ltd (2013–2024)

The table below presents the year-by-year Defensive Interval Ratio for Newonder Special Electric Co.Ltd from 2013 to 2024, covering 12 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 Newonder Special Electric Co.Ltd.

Year DIR (days) Defensive Assets (CNY) Daily Cash Need Cash ST Investments Change (days)
2024 3146 days CN¥595.59 Million CN¥189.32K/day CN¥- CN¥271.75 Million ▲ +777 days
2023 2369 days CN¥431.80 Million CN¥182.29K/day CN¥- CN¥60.12 Million ▼ -152 days
2022 2521 days CN¥765.17 Million CN¥303.52K/day CN¥- CN¥373.90 Million ▲ +1274 days
2021 1247 days CN¥334.10 Million CN¥268.02K/day CN¥- CN¥- ▼ -116 days
2020 1362 days CN¥287.24 Million CN¥210.88K/day CN¥- CN¥- ▲ +94 days
2019 1268 days CN¥253.95 Million CN¥200.26K/day CN¥- CN¥- ▲ +429 days
2018 839 days CN¥223.33 Million CN¥266.19K/day CN¥- CN¥- ▼ -402 days
2017 1241 days CN¥167.55 Million CN¥135.02K/day CN¥- CN¥- ▲ +670 days
2016 571 days CN¥103.42 Million CN¥181.00K/day CN¥- CN¥- ▼ -842 days
2015 1414 days CN¥154.28 Million CN¥109.12K/day CN¥- CN¥- ▲ +576 days
2014 838 days CN¥223.38 Million CN¥266.47K/day CN¥- CN¥- ▼ -242 days
2013 1081 days CN¥260.34 Million CN¥240.93K/day CN¥- CN¥-
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)