Zhejiang Tiancheng Control Co (603085) — Defensive Interval Ratio

Latest as of March 2026: 188 days

Zhejiang Tiancheng Control Co (603085) has a Defensive Interval Ratio of 188 days as of March 2026. Defensive assets of CN¥1.24 Billion (cash CN¥-, short-term investments CN¥30.57 Million, receivables CN¥1.21 Billion) cover 188 days of daily cash needs of CN¥6.59 Million/day.

Defensive Interval Ratio

188 days
Days of operational coverage

Defensive Assets

CN¥1.24 Billion
Cash + ST Investments + Receivables

Daily Cash Need

CN¥6.59 Million
Current Liabilities ÷ 365

Current Liabilities

CN¥2.41 Billion
CNY

Zhejiang Tiancheng Control Co Defensive Interval Ratio (2011–2025)

This chart shows how Zhejiang Tiancheng Control Co's Defensive Interval Ratio has evolved across 15 annual periods from 2011 to 2025. As of March 2026, the ratio stands at 188 days, meaning defensive assets of CN¥1.24 Billion can fund 188 days of operations without new revenue. For the complete balance sheet picture, see total assets of Zhejiang Tiancheng Control Co.

Annual Defensive Interval Ratio for Zhejiang Tiancheng Control Co (2011–2025)

The table below presents the year-by-year Defensive Interval Ratio for Zhejiang Tiancheng Control Co from 2011 to 2025, covering 15 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 how liquid is Zhejiang Tiancheng Control Co's working capital 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)
2025 174 days CN¥1.13 Billion CN¥6.45 Million/day CN¥- CN¥126.58 Million ▲ +12 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)