Qijing Machinery Defensive Interval Ratio

Latest as of March 2026: 352 days

Qijing Machinery defensive interval ratio. Qijing Machinery (603677) has a Defensive Interval Ratio of 352 days as of March 2026. Defensive assets of CN¥630.05 Million (cash CN¥-, short-term investments CN¥175.64K, receivables CN¥629.88 Million) cover 352 days of daily cash needs of CN¥1.79 Million/day. See 603677 net working capital ratio to evaluate short-term liquidity relative to the company's equity base.

Defensive Interval Ratio

352 days
Days of operational coverage

Defensive Assets

CN¥630.05 Million
Cash + ST Investments + Receivables

Daily Cash Need

CN¥1.79 Million
Current Liabilities ÷ 365

Current Liabilities

CN¥652.41 Million
CNY

Defensive Interval Ratio of Qijing Machinery (2011–2025)

Defensive interval ratio of Qijing Machinery from 2011 to 2025. This chart shows how Qijing Machinery's Defensive Interval Ratio has evolved across 15 annual periods from 2011 to 2025. As of March 2026, the ratio stands at 352 days, meaning defensive assets of CN¥630.05 Million can fund 352 days of operations without new revenue. Read 603677 current and long-term liabilities for a breakdown of total debt and financial obligations.

Qijing Machinery Defensive Interval Ratio by Year (2011–2025)

Qijing Machinery defensive interval ratio by year from 2011 to 2025. The table below presents the year-by-year Defensive Interval Ratio for Qijing Machinery 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. For the complete balance sheet picture, see Qijing Machinery balance sheet assets.

Year DIR (days) Defensive Assets (CNY) Daily Cash Need Cash ST Investments Change (days)
2025 382 days CN¥718.14 Million CN¥1.88 Million/day CN¥- CN¥- ▲ +93 days
2024 289 days CN¥676.37 Million CN¥2.34 Million/day CN¥- CN¥- ▲ +32 days
2023 257 days CN¥669.84 Million CN¥2.61 Million/day CN¥- CN¥80.63 Million ▼ -131 days
2022 388 days CN¥589.54 Million CN¥1.52 Million/day CN¥- CN¥40.63 Million ▲ +75 days
2021 313 days CN¥541.51 Million CN¥1.73 Million/day CN¥- CN¥2.73 Million ▼ -102 days
2020 416 days CN¥539.29 Million CN¥1.30 Million/day CN¥- CN¥70.00 Million ▼ -129 days
2019 545 days CN¥638.04 Million CN¥1.17 Million/day CN¥- CN¥104.05 Million ▲ +291 days
2018 254 days CN¥491.78 Million CN¥1.94 Million/day CN¥- CN¥17.75K ▼ -127 days
2017 381 days CN¥521.22 Million CN¥1.37 Million/day CN¥- CN¥47.00 Million ▲ +108 days
2016 272 days CN¥330.32 Million CN¥1.21 Million/day CN¥- CN¥- ▲ +18 days
2015 255 days CN¥354.08 Million CN¥1.39 Million/day CN¥- CN¥- ▲ +48 days
2014 207 days CN¥318.24 Million CN¥1.53 Million/day CN¥- CN¥- ▲ +30 days
2013 178 days CN¥281.80 Million CN¥1.59 Million/day CN¥- CN¥- ▲ +33 days
2012 145 days CN¥268.98 Million CN¥1.86 Million/day CN¥- CN¥- ▼ -22 days
2011 167 days CN¥349.12 Million CN¥2.09 Million/day CN¥- CN¥296.86K —
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)