Nanjing Kangni Mechanical & Electrical Co Ltd (603111) — Defensive Interval Ratio

Latest as of March 2026: 351 days

Nanjing Kangni Mechanical & Electrical Co Ltd (603111) has a Defensive Interval Ratio of 351 days as of March 2026. Defensive assets of CN¥2.99 Billion (cash CN¥-, short-term investments CN¥1.21 Billion, receivables CN¥1.78 Billion) cover 351 days of daily cash needs of CN¥8.53 Million/day. Check 603111 goodwill-adjusted equity ratio to evaluate the tangible quality of the company's equity base.

Defensive Interval Ratio

351 days
Days of operational coverage

Defensive Assets

CN¥2.99 Billion
Cash + ST Investments + Receivables

Daily Cash Need

CN¥8.53 Million
Current Liabilities ÷ 365

Current Liabilities

CN¥3.11 Billion
CNY

Nanjing Kangni Mechanical & Electrical Co Ltd Defensive Interval Ratio (2010–2025)

This chart shows how Nanjing Kangni Mechanical & Electrical Co Ltd's Defensive Interval Ratio has evolved across 16 annual periods from 2010 to 2025. As of March 2026, the ratio stands at 351 days, meaning defensive assets of CN¥2.99 Billion can fund 351 days of operations without new revenue. Also explore how fast is Nanjing Kangni Mechanical & Electrical C growing its equity to track the company's year-over-year net asset growth rate.

Annual Defensive Interval Ratio for Nanjing Kangni Mechanical & Electrical Co Ltd (2010–2025)

The table below presents the year-by-year Defensive Interval Ratio for Nanjing Kangni Mechanical & Electrical Co Ltd from 2010 to 2025, covering 16 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 how much is Nanjing Kangni Mechanical & Electrical C worth.

Year DIR (days) Defensive Assets (CNY) Daily Cash Need Cash ST Investments Change (days)
2025 292 days CN¥2.74 Billion CN¥9.36 Million/day CN¥- CN¥1.20 Billion ▼ -317 days
2024 609 days CN¥4.34 Billion CN¥7.12 Million/day CN¥- CN¥992.15 Million ▼ -85 days
2023 694 days CN¥3.98 Billion CN¥5.74 Million/day CN¥- CN¥995.10 Million ▲ +108 days
2022 586 days CN¥3.39 Billion CN¥5.79 Million/day CN¥- CN¥766.35 Million ▲ +92 days
2021 494 days CN¥3.09 Billion CN¥6.26 Million/day CN¥- CN¥899.21 Million ▲ +86 days
2020 408 days CN¥2.58 Billion CN¥6.32 Million/day CN¥- CN¥592.93 Million ▲ +53 days
2019 354 days CN¥1.96 Billion CN¥5.53 Million/day CN¥- CN¥303.75 Million ▲ +58 days
2018 296 days CN¥2.02 Billion CN¥6.83 Million/day CN¥- CN¥- ▲ +30 days
2017 266 days CN¥2.40 Billion CN¥9.01 Million/day CN¥- CN¥191.46 Million ▼ -148 days
2016 414 days CN¥1.43 Billion CN¥3.44 Million/day CN¥- CN¥161.51 Million ▲ +99 days
2015 316 days CN¥1.18 Billion CN¥3.74 Million/day CN¥- CN¥263.22 Million ▲ +93 days
2014 223 days CN¥508.73 Million CN¥2.29 Million/day CN¥- CN¥- ▼ -20 days
2013 243 days CN¥560.70 Million CN¥2.31 Million/day CN¥- CN¥- ▼ -18 days
2012 261 days CN¥496.37 Million CN¥1.90 Million/day CN¥- CN¥- ▲ +46 days
2011 215 days CN¥396.86 Million CN¥1.85 Million/day CN¥- CN¥- ▲ +48 days
2010 167 days CN¥222.96 Million CN¥1.34 Million/day CN¥- CN¥- —
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)