Ningbo Fuda Co Ltd (600724) — Defensive Interval Ratio

Latest as of June 2025: 113 days

Ningbo Fuda Co Ltd (600724) has a Defensive Interval Ratio of 113 days as of June 2025. Defensive assets of CN¥230.61 Million (cash CN¥-, short-term investments CN¥-, receivables CN¥230.61 Million) cover 113 days of daily cash needs of CN¥2.04 Million/day.

Defensive Interval Ratio

113 days
Days of operational coverage

Defensive Assets

CN¥230.61 Million
Cash + ST Investments + Receivables

Daily Cash Need

CN¥2.04 Million
Current Liabilities ÷ 365

Current Liabilities

CN¥744.06 Million
CNY

Ningbo Fuda Co Ltd Defensive Interval Ratio (2015–2024)

This chart shows how Ningbo Fuda Co Ltd's Defensive Interval Ratio has evolved across 10 annual periods from 2015 to 2024. As of June 2025, the ratio stands at 113 days, meaning defensive assets of CN¥230.61 Million can fund 113 days of operations without new revenue. For the complete balance sheet picture, see Ningbo Fuda Co Ltd assets under control.

Annual Defensive Interval Ratio for Ningbo Fuda Co Ltd (2015–2024)

The table below presents the year-by-year Defensive Interval Ratio for Ningbo Fuda Co Ltd from 2015 to 2024, covering 10 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 600724 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)
2024 92 days CN¥208.50 Million CN¥2.27 Million/day CN¥- CN¥- ▼ -17 days
2023 109 days CN¥335.77 Million CN¥3.09 Million/day CN¥- CN¥- ▼ -64 days
2022 173 days CN¥363.25 Million CN¥2.10 Million/day CN¥- CN¥6.10 Million ▼ -248 days
2021 420 days CN¥708.70 Million CN¥1.69 Million/day CN¥- CN¥512.04 Million ▲ +381 days
2020 40 days CN¥72.81 Million CN¥1.84 Million/day CN¥- CN¥- ▼ -209 days
2019 248 days CN¥668.11 Million CN¥2.69 Million/day CN¥- CN¥- ▼ -442 days
2018 690 days CN¥4.07 Billion CN¥5.90 Million/day CN¥- CN¥1.00 Billion ▲ +669 days
2017 21 days CN¥451.49 Million CN¥21.09 Million/day CN¥- CN¥- ▲ +2 days
2016 19 days CN¥444.75 Million CN¥23.16 Million/day CN¥- CN¥- ▲ +8 days
2015 11 days CN¥353.67 Million CN¥31.68 Million/day CN¥- CN¥- —
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)