Ningbo Tianlong Electronics Co Ltd (603266) — Defensive Interval Ratio

Latest as of March 2026: 432 days

Ningbo Tianlong Electronics Co Ltd (603266) has a Defensive Interval Ratio of 432 days as of March 2026. Defensive assets of CN¥620.97 Million (cash CN¥-, short-term investments CN¥180.00 Million, receivables CN¥440.97 Million) cover 432 days of daily cash needs of CN¥1.44 Million/day.

Defensive Interval Ratio

432 days
Days of operational coverage

Defensive Assets

CN¥620.97 Million
Cash + ST Investments + Receivables

Daily Cash Need

CN¥1.44 Million
Current Liabilities ÷ 365

Current Liabilities

CN¥524.16 Million
CNY

Ningbo Tianlong Electronics Co Ltd Defensive Interval Ratio (2011–2025)

This chart shows how Ningbo Tianlong Electronics Co Ltd's Defensive Interval Ratio has evolved across 15 annual periods from 2011 to 2025. As of March 2026, the ratio stands at 432 days, meaning defensive assets of CN¥620.97 Million can fund 432 days of operations without new revenue. For the complete balance sheet picture, see 603266 current and non-current assets.

Annual Defensive Interval Ratio for Ningbo Tianlong Electronics Co Ltd (2011–2025)

The table below presents the year-by-year Defensive Interval Ratio for Ningbo Tianlong Electronics Co Ltd 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 Ningbo Tianlong Electronics Co Ltd'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 467 days CN¥689.41 Million CN¥1.48 Million/day CN¥- CN¥185.00 Million ▼ -174 days
2024 641 days CN¥904.12 Million CN¥1.41 Million/day CN¥- CN¥250.00 Million ▲ +134 days
2023 506 days CN¥706.66 Million CN¥1.40 Million/day CN¥- CN¥120.19 Million ▲ +1 days
2022 505 days CN¥638.35 Million CN¥1.26 Million/day CN¥- CN¥80.12 Million ▲ +16 days
2021 489 days CN¥581.68 Million CN¥1.19 Million/day CN¥- CN¥65.00 Million ▼ -189 days
2020 678 days CN¥620.58 Million CN¥914.65K/day CN¥- CN¥180.18 Million ▼ -82 days
2019 760 days CN¥520.42 Million CN¥684.76K/day CN¥- CN¥126.00 Million ▼ -16 days
2018 776 days CN¥473.07 Million CN¥609.56K/day CN¥- CN¥138.25 Million ▼ -28 days
2017 804 days CN¥452.99 Million CN¥563.31K/day CN¥- CN¥152.71 Million ▲ +430 days
2016 374 days CN¥291.48 Million CN¥779.53K/day CN¥- CN¥- ▲ +31 days
2015 343 days CN¥230.55 Million CN¥672.83K/day CN¥- CN¥- ▼ -47 days
2014 389 days CN¥205.31 Million CN¥527.45K/day CN¥- CN¥- ▲ +7 days
2013 383 days CN¥214.97 Million CN¥561.99K/day CN¥- CN¥- ▲ +140 days
2012 243 days CN¥159.42 Million CN¥656.90K/day CN¥- CN¥- ▲ +56 days
2011 187 days CN¥101.93 Million CN¥545.74K/day CN¥- CN¥- —
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)