Nanjing King-friend Biochemical Pharmaceutical Co Ltd (603707) — Defensive Interval Ratio

Latest as of March 2026: 234 days

Nanjing King-friend Biochemical Pharmaceutical Co Ltd (603707) has a Defensive Interval Ratio of 234 days as of March 2026. Defensive assets of CN¥2.23 Billion (cash CN¥-, short-term investments CN¥1.12 Billion, receivables CN¥1.11 Billion) cover 234 days of daily cash needs of CN¥9.53 Million/day.

Defensive Interval Ratio

234 days
Days of operational coverage

Defensive Assets

CN¥2.23 Billion
Cash + ST Investments + Receivables

Daily Cash Need

CN¥9.53 Million
Current Liabilities ÷ 365

Current Liabilities

CN¥3.48 Billion
CNY

Nanjing King-friend Biochemical Pharmaceutical Co Ltd Defensive Interval Ratio (2013–2025)

This chart shows how Nanjing King-friend Biochemical Pharmaceutical Co Ltd's Defensive Interval Ratio has evolved across 13 annual periods from 2013 to 2025. As of March 2026, the ratio stands at 234 days, meaning defensive assets of CN¥2.23 Billion can fund 234 days of operations without new revenue. For the complete balance sheet picture, see Nanjing King-friend Biochemical Pharmace balance sheet assets.

Annual Defensive Interval Ratio for Nanjing King-friend Biochemical Pharmaceutical Co Ltd (2013–2025)

The table below presents the year-by-year Defensive Interval Ratio for Nanjing King-friend Biochemical Pharmaceutical Co Ltd from 2013 to 2025, covering 13 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 603707 working capital efficiency 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 288 days CN¥2.53 Billion CN¥8.78 Million/day CN¥- CN¥1.32 Billion ▼ -109 days
2024 398 days CN¥2.25 Billion CN¥5.66 Million/day CN¥- CN¥1.06 Billion ▲ +198 days
2023 199 days CN¥1.68 Billion CN¥8.46 Million/day CN¥- CN¥681.99 Million ▲ +35 days
2022 164 days CN¥1.22 Billion CN¥7.41 Million/day CN¥- CN¥1.30 Million ▼ -49 days
2021 213 days CN¥1.33 Billion CN¥6.21 Million/day CN¥- CN¥259.80 Million ▼ -13 days
2020 226 days CN¥1.74 Billion CN¥7.69 Million/day CN¥- CN¥845.79 Million ▲ +134 days
2019 93 days CN¥515.98 Million CN¥5.57 Million/day CN¥- CN¥56.64 Million ▲ +19 days
2018 73 days CN¥190.20 Million CN¥2.60 Million/day CN¥- CN¥- ▼ -415 days
2017 488 days CN¥811.85 Million CN¥1.66 Million/day CN¥- CN¥520.00 Million ▲ +315 days
2016 174 days CN¥82.05 Million CN¥472.83K/day CN¥- CN¥- ▼ -317 days
2015 491 days CN¥246.18 Million CN¥501.59K/day CN¥- CN¥180.00 Million ▲ +447 days
2014 44 days CN¥58.71 Million CN¥1.33 Million/day CN¥- CN¥1.64 Million ▼ -226 days
2013 270 days CN¥92.60 Million CN¥342.37K/day CN¥- CN¥- —
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)