Ningbo Joy Intelligent Logistics Technology Co.Ltd. (301198) — Defensive Interval Ratio
Ningbo Joy Intelligent Logistics Technology Co.Ltd. (301198) has a Defensive Interval Ratio of 475 days as of September 2025. Defensive assets of CN¥353.90 Million (cash CN¥-, short-term investments CN¥75.12 Million, receivables CN¥278.78 Million) cover 475 days of daily cash needs of CN¥744.51K/day. Check 301198 goodwill-adjusted equity ratio to evaluate the tangible quality of the company's equity base.
Defensive Interval Ratio
Defensive Assets
Daily Cash Need
Current Liabilities
Ningbo Joy Intelligent Logistics Technology Co.Ltd. Defensive Interval Ratio (2017–2024)
This chart shows how Ningbo Joy Intelligent Logistics Technology Co.Ltd.'s Defensive Interval Ratio has evolved across 8 annual periods from 2017 to 2024. As of September 2025, the ratio stands at 475 days, meaning defensive assets of CN¥353.90 Million can fund 475 days of operations without new revenue. Also explore Ningbo Joy Intelligent Logistics Technol equity growth rate to track the company's year-over-year net asset growth rate.
Annual Defensive Interval Ratio for Ningbo Joy Intelligent Logistics Technology Co.Ltd. (2017–2024)
The table below presents the year-by-year Defensive Interval Ratio for Ningbo Joy Intelligent Logistics Technology 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. For live market cap and the full company financial profile, see Ningbo Joy Intelligent Logistics Technol market capitalisation.
| Year | DIR (days) | Defensive Assets (CNY) | Daily Cash Need | Cash | ST Investments | Change (days) |
|---|---|---|---|---|---|---|
| 2024 | 243 days | CN¥262.71 Million | CN¥1.08 Million/day | CN¥- | CN¥30.09 Million | ▼ -165 days |
| 2023 | 408 days | CN¥372.72 Million | CN¥914.33K/day | CN¥- | CN¥100.01 Million | ▼ -330 days |
| 2022 | 737 days | CN¥348.83 Million | CN¥473.04K/day | CN¥- | CN¥103.49 Million | ▲ +59 days |
| 2021 | 678 days | CN¥193.67 Million | CN¥285.68K/day | CN¥- | CN¥- | ▲ +2 days |
| 2020 | 676 days | CN¥136.96 Million | CN¥202.48K/day | CN¥- | CN¥- | ▲ +100 days |
| 2019 | 577 days | CN¥106.89 Million | CN¥185.36K/day | CN¥- | CN¥- | ▲ +153 days |
| 2018 | 424 days | CN¥161.46 Million | CN¥380.70K/day | CN¥- | CN¥- | ▲ +76 days |
| 2017 | 348 days | CN¥119.57 Million | CN¥343.81K/day | CN¥- | CN¥- | — |