Ningbo Menovo Pharm Co Ltd (603538) — Defensive Interval Ratio

Latest as of June 2026: 145 days

Ningbo Menovo Pharm Co Ltd (603538) has a Defensive Interval Ratio of 145 days as of June 2026. Defensive assets of CN¥604.24 Million (cash CN¥-, short-term investments CN¥164.41 Million, receivables CN¥439.82 Million) cover 145 days of daily cash needs of CN¥4.17 Million/day.

Defensive Interval Ratio

145 days
Days of operational coverage

Defensive Assets

CN¥604.24 Million
Cash + ST Investments + Receivables

Daily Cash Need

CN¥4.17 Million
Current Liabilities ÷ 365

Current Liabilities

CN¥1.52 Billion
CNY

Ningbo Menovo Pharm Co Ltd Defensive Interval Ratio (2011–2025)

This chart shows how Ningbo Menovo Pharm Co Ltd's Defensive Interval Ratio has evolved across 15 annual periods from 2011 to 2025. As of June 2026, the ratio stands at 145 days, meaning defensive assets of CN¥604.24 Million can fund 145 days of operations without new revenue. For the complete balance sheet picture, see Ningbo Menovo Pharm Co Ltd balance sheet assets.

Annual Defensive Interval Ratio for Ningbo Menovo Pharm Co Ltd (2011–2025)

The table below presents the year-by-year Defensive Interval Ratio for Ningbo Menovo Pharm 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 Menovo Pharm 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 134 days CN¥581.57 Million CN¥4.34 Million/day CN¥- CN¥216.82 Million ▲ +15 days
2024 119 days CN¥515.87 Million CN¥4.35 Million/day CN¥- CN¥154.44 Million ▼ -37 days
2023 156 days CN¥589.38 Million CN¥3.78 Million/day CN¥- CN¥268.65 Million ▲ +40 days
2022 116 days CN¥433.41 Million CN¥3.73 Million/day CN¥- CN¥217.38 Million ▼ -78 days
2021 194 days CN¥610.63 Million CN¥3.14 Million/day CN¥- CN¥371.38 Million ▲ +97 days
2020 98 days CN¥298.17 Million CN¥3.05 Million/day CN¥- CN¥133.14 Million ▼ -20 days
2019 118 days CN¥282.31 Million CN¥2.40 Million/day CN¥- CN¥100.60 Million ▲ +44 days
2018 74 days CN¥158.00 Million CN¥2.14 Million/day CN¥- CN¥- ▼ -290 days
2017 364 days CN¥339.65 Million CN¥931.90K/day CN¥- CN¥252.00 Million ▲ +255 days
2016 110 days CN¥64.27 Million CN¥585.20K/day CN¥- CN¥- ▲ +33 days
2015 77 days CN¥37.34 Million CN¥484.27K/day CN¥- CN¥- ▼ -77 days
2014 154 days CN¥167.76 Million CN¥1.09 Million/day CN¥- CN¥- ▲ +102 days
2013 52 days CN¥53.40 Million CN¥1.03 Million/day CN¥- CN¥- ▼ -11 days
2012 63 days CN¥66.78 Million CN¥1.06 Million/day CN¥- CN¥350.50K ▼ -12 days
2011 75 days CN¥67.91 Million CN¥904.89K/day CN¥- CN¥3.37 Million —
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)