Zhejiang Tiancheng Control Co (603085) — Defensive Interval Ratio

Latest as of September 2025: 170 days

Zhejiang Tiancheng Control Co (603085) has a Defensive Interval Ratio of 170 days as of September 2025. Defensive assets of CN¥1.05 Billion (cash CN¥-, short-term investments CN¥6.93 Million, receivables CN¥1.05 Billion) cover 170 days of daily cash needs of CN¥6.20 Million/day. Check Zhejiang Tiancheng Control Co tangible net worth ratio to evaluate the tangible quality of the company's equity base.

Defensive Interval Ratio

170 days
Days of operational coverage

Defensive Assets

CN¥1.05 Billion
Cash + ST Investments + Receivables

Daily Cash Need

CN¥6.20 Million
Current Liabilities ÷ 365

Current Liabilities

CN¥2.26 Billion
CNY

Zhejiang Tiancheng Control Co Defensive Interval Ratio (2011–2024)

This chart shows how Zhejiang Tiancheng Control Co's Defensive Interval Ratio has evolved across 14 annual periods from 2011 to 2024. As of September 2025, the ratio stands at 170 days, meaning defensive assets of CN¥1.05 Billion can fund 170 days of operations without new revenue. Also explore 603085 shareholders equity momentum to track the company's year-over-year net asset growth rate.

Annual Defensive Interval Ratio for Zhejiang Tiancheng Control Co (2011–2024)

The table below presents the year-by-year Defensive Interval Ratio for Zhejiang Tiancheng Control Co from 2011 to 2024, covering 14 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 Zhejiang Tiancheng Control Co market capitalisation.

Year DIR (days) Defensive Assets (CNY) Daily Cash Need Cash ST Investments Change (days)
2024 163 days CN¥925.11 Million CN¥5.69 Million/day CN¥- CN¥3.96 Million ▼ -14 days
2023 176 days CN¥629.07 Million CN¥3.57 Million/day CN¥- CN¥4.94 Million ▼ -14 days
2022 190 days CN¥557.10 Million CN¥2.93 Million/day CN¥- CN¥7.06 Million ▲ +13 days
2021 177 days CN¥584.12 Million CN¥3.31 Million/day CN¥- CN¥13.38 Million ▲ +10 days
2020 167 days CN¥566.05 Million CN¥3.40 Million/day CN¥- CN¥193.06K ▲ +51 days
2019 116 days CN¥402.71 Million CN¥3.47 Million/day CN¥- CN¥241.53K ▼ -19 days
2018 135 days CN¥389.55 Million CN¥2.89 Million/day CN¥- CN¥- ▼ -291 days
2017 426 days CN¥635.67 Million CN¥1.49 Million/day CN¥- CN¥200.00 Million ▼ -361 days
2016 787 days CN¥360.72 Million CN¥458.49K/day CN¥- CN¥200.00 Million ▲ +353 days
2015 434 days CN¥147.13 Million CN¥338.84K/day CN¥- CN¥- ▲ +129 days
2014 306 days CN¥144.28 Million CN¥472.27K/day CN¥- CN¥- ▲ +39 days
2013 267 days CN¥122.44 Million CN¥459.06K/day CN¥- CN¥- ▲ +38 days
2012 229 days CN¥76.57 Million CN¥334.22K/day CN¥- CN¥70.90K ▲ +8 days
2011 222 days CN¥80.29 Million CN¥362.45K/day CN¥- CN¥63.95K —
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)