Ningbo Water Meter Co Ltd (603700) — Defensive Interval Ratio

Latest as of September 2025: 476 days

Ningbo Water Meter Co Ltd (603700) has a Defensive Interval Ratio of 476 days as of September 2025. Defensive assets of CN¥976.75 Million (cash CN¥-, short-term investments CN¥2.54 Million, receivables CN¥974.21 Million) cover 476 days of daily cash needs of CN¥2.05 Million/day. Check 603700 tangible net worth ratio to evaluate the tangible quality of the company's equity base.

Defensive Interval Ratio

476 days
Days of operational coverage

Defensive Assets

CN¥976.75 Million
Cash + ST Investments + Receivables

Daily Cash Need

CN¥2.05 Million
Current Liabilities ÷ 365

Current Liabilities

CN¥748.32 Million
CNY

Ningbo Water Meter Co Ltd Defensive Interval Ratio (2014–2024)

This chart shows how Ningbo Water Meter Co Ltd's Defensive Interval Ratio has evolved across 11 annual periods from 2014 to 2024. As of September 2025, the ratio stands at 476 days, meaning defensive assets of CN¥976.75 Million can fund 476 days of operations without new revenue. Also explore 603700 net assets growth trend to track the company's year-over-year net asset growth rate.

Annual Defensive Interval Ratio for Ningbo Water Meter Co Ltd (2014–2024)

The table below presents the year-by-year Defensive Interval Ratio for Ningbo Water Meter Co Ltd from 2014 to 2024, covering 11 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 Ningbo Water Meter Co Ltd worth.

Year DIR (days) Defensive Assets (CNY) Daily Cash Need Cash ST Investments Change (days)
2024 469 days CN¥846.52 Million CN¥1.80 Million/day CN¥- CN¥- ▲ +23 days
2023 446 days CN¥798.73 Million CN¥1.79 Million/day CN¥- CN¥- ▲ +96 days
2022 351 days CN¥773.57 Million CN¥2.20 Million/day CN¥- CN¥- ▼ -180 days
2021 531 days CN¥894.76 Million CN¥1.68 Million/day CN¥- CN¥210.22 Million ▼ -65 days
2020 597 days CN¥974.59 Million CN¥1.63 Million/day CN¥- CN¥409.89 Million ▼ -4 days
2019 601 days CN¥734.55 Million CN¥1.22 Million/day CN¥- CN¥350.00 Million ▲ +325 days
2018 276 days CN¥229.61 Million CN¥832.03K/day CN¥- CN¥- ▲ +6 days
2017 270 days CN¥193.01 Million CN¥715.06K/day CN¥- CN¥- ▼ -88 days
2016 358 days CN¥188.45 Million CN¥526.92K/day CN¥- CN¥- ▲ +21 days
2015 336 days CN¥181.62 Million CN¥539.76K/day CN¥- CN¥- ▲ +130 days
2014 206 days CN¥141.70 Million CN¥686.51K/day CN¥- CN¥- —
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)