Zhejiang Xinneng Photovoltaic Technology Co Ltd (603105) — Defensive Interval Ratio

Latest as of September 2025: 176 days

Zhejiang Xinneng Photovoltaic Technology Co Ltd (603105) has a Defensive Interval Ratio of 176 days as of September 2025. Defensive assets of CN¥365.68 Million (cash CN¥-, short-term investments CN¥-, receivables CN¥365.68 Million) cover 176 days of daily cash needs of CN¥2.08 Million/day. Check 603105 tangible net worth ratio to evaluate the tangible quality of the company's equity base.

Defensive Interval Ratio

176 days
Days of operational coverage

Defensive Assets

CN¥365.68 Million
Cash + ST Investments + Receivables

Daily Cash Need

CN¥2.08 Million
Current Liabilities ÷ 365

Current Liabilities

CN¥757.41 Million
CNY

Zhejiang Xinneng Photovoltaic Technology Co Ltd Defensive Interval Ratio (2013–2024)

This chart shows how Zhejiang Xinneng Photovoltaic Technology Co Ltd's Defensive Interval Ratio has evolved across 12 annual periods from 2013 to 2024. As of September 2025, the ratio stands at 176 days, meaning defensive assets of CN¥365.68 Million can fund 176 days of operations without new revenue. Also explore Zhejiang Xinneng Photovoltaic Technology annual equity growth to track the company's year-over-year net asset growth rate.

Annual Defensive Interval Ratio for Zhejiang Xinneng Photovoltaic Technology Co Ltd (2013–2024)

The table below presents the year-by-year Defensive Interval Ratio for Zhejiang Xinneng Photovoltaic Technology Co Ltd from 2013 to 2024, covering 12 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 Xinneng Photovoltaic Technology (603105) market capitalisation.

Year DIR (days) Defensive Assets (CNY) Daily Cash Need Cash ST Investments Change (days)
2024 179 days CN¥287.03 Million CN¥1.60 Million/day CN¥- CN¥- ▲ +61 days
2023 118 days CN¥196.20 Million CN¥1.66 Million/day CN¥- CN¥- ▲ +66 days
2022 52 days CN¥80.24 Million CN¥1.54 Million/day CN¥- CN¥- ▲ +5 days
2021 47 days CN¥69.12 Million CN¥1.46 Million/day CN¥- CN¥6.71 Million ▼ -49 days
2020 96 days CN¥115.18 Million CN¥1.19 Million/day CN¥- CN¥1.31 Million ▼ -9 days
2019 105 days CN¥166.82 Million CN¥1.58 Million/day CN¥- CN¥3.40 Million ▲ +2 days
2018 104 days CN¥223.39 Million CN¥2.15 Million/day CN¥- CN¥27.59 Million ▲ +27 days
2017 77 days CN¥203.55 Million CN¥2.64 Million/day CN¥- CN¥- ▼ -95 days
2016 172 days CN¥348.12 Million CN¥2.03 Million/day CN¥- CN¥- ▲ +40 days
2015 131 days CN¥361.67 Million CN¥2.75 Million/day CN¥- CN¥- ▲ +71 days
2014 61 days CN¥127.45 Million CN¥2.09 Million/day CN¥- CN¥- ▲ +48 days
2013 13 days CN¥22.31 Million CN¥1.69 Million/day CN¥- CN¥- —
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)