Nantong Chaoda Equipment Co.Ltd. (301186) — Defensive Interval Ratio

Latest as of September 2025: 604 days

Nantong Chaoda Equipment Co.Ltd. (301186) has a Defensive Interval Ratio of 604 days as of September 2025. Defensive assets of CN¥643.19 Million (cash CN¥-, short-term investments CN¥231.64 Million, receivables CN¥411.55 Million) cover 604 days of daily cash needs of CN¥1.06 Million/day. Check tangible equity quality of Nantong Chaoda Equipment Co.Ltd. to evaluate the tangible quality of the company's equity base.

Defensive Interval Ratio

604 days
Days of operational coverage

Defensive Assets

CN¥643.19 Million
Cash + ST Investments + Receivables

Daily Cash Need

CN¥1.06 Million
Current Liabilities ÷ 365

Current Liabilities

CN¥388.52 Million
CNY

Nantong Chaoda Equipment Co.Ltd. Defensive Interval Ratio (2014–2024)

This chart shows how Nantong Chaoda Equipment Co.Ltd.'s Defensive Interval Ratio has evolved across 11 annual periods from 2014 to 2024. As of September 2025, the ratio stands at 604 days, meaning defensive assets of CN¥643.19 Million can fund 604 days of operations without new revenue. Also explore net asset momentum of Nantong Chaoda Equipment Co.Ltd. to track the company's year-over-year net asset growth rate.

Annual Defensive Interval Ratio for Nantong Chaoda Equipment Co.Ltd. (2014–2024)

The table below presents the year-by-year Defensive Interval Ratio for Nantong Chaoda Equipment Co.Ltd. from 2014 to 2024, covering 11 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 301186 market cap.

Year DIR (days) Defensive Assets (CNY) Daily Cash Need Cash ST Investments Change (days)
2024 478 days CN¥421.04 Million CN¥880.47K/day CN¥- CN¥70.08 Million ▼ -222 days
2023 700 days CN¥618.60 Million CN¥883.84K/day CN¥- CN¥325.96 Million ▲ +192 days
2022 508 days CN¥433.41 Million CN¥853.54K/day CN¥- CN¥177.51 Million ▲ +141 days
2021 367 days CN¥226.93 Million CN¥619.19K/day CN¥- CN¥- ▲ +23 days
2020 343 days CN¥175.15 Million CN¥510.40K/day CN¥- CN¥2.47 Million ▲ +71 days
2019 272 days CN¥145.97 Million CN¥535.94K/day CN¥- CN¥507.50K ▼ -63 days
2018 335 days CN¥159.79 Million CN¥476.36K/day CN¥- CN¥- ▲ +105 days
2017 230 days CN¥123.27 Million CN¥535.71K/day CN¥- CN¥394.25K ▲ +72 days
2016 158 days CN¥75.46 Million CN¥477.18K/day CN¥- CN¥133.25K ▲ +16 days
2015 142 days CN¥54.49 Million CN¥384.54K/day CN¥- CN¥37.48K ▲ +31 days
2014 111 days CN¥37.11 Million CN¥333.92K/day CN¥- CN¥- —
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)