Ningbo Gaofa Automotive Ctrl (603788) — Defensive Interval Ratio

Latest as of March 2026: 430 days

Ningbo Gaofa Automotive Ctrl (603788) has a Defensive Interval Ratio of 430 days as of March 2026. Defensive assets of CN¥535.76 Million (cash CN¥-, short-term investments CN¥234.40 Million, receivables CN¥301.35 Million) cover 430 days of daily cash needs of CN¥1.25 Million/day.

Defensive Interval Ratio

430 days
Days of operational coverage

Defensive Assets

CN¥535.76 Million
Cash + ST Investments + Receivables

Daily Cash Need

CN¥1.25 Million
Current Liabilities ÷ 365

Current Liabilities

CN¥454.64 Million
CNY

Ningbo Gaofa Automotive Ctrl Defensive Interval Ratio (2011–2025)

This chart shows how Ningbo Gaofa Automotive Ctrl's Defensive Interval Ratio has evolved across 15 annual periods from 2011 to 2025. As of March 2026, the ratio stands at 430 days, meaning defensive assets of CN¥535.76 Million can fund 430 days of operations without new revenue. For the complete balance sheet picture, see total assets of Ningbo Gaofa Automotive Ctrl.

Annual Defensive Interval Ratio for Ningbo Gaofa Automotive Ctrl (2011–2025)

The table below presents the year-by-year Defensive Interval Ratio for Ningbo Gaofa Automotive Ctrl 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 working capital to net assets of Ningbo Gaofa Automotive Ctrl 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 477 days CN¥738.06 Million CN¥1.55 Million/day CN¥- CN¥354.78 Million ▼ -250 days
2024 727 days CN¥1.18 Billion CN¥1.62 Million/day CN¥- CN¥467.20 Million ▼ -35 days
2023 762 days CN¥986.92 Million CN¥1.29 Million/day CN¥- CN¥318.61 Million ▼ -348 days
2022 1110 days CN¥989.53 Million CN¥891.19K/day CN¥- CN¥531.88 Million ▲ +117 days
2021 993 days CN¥813.79 Million CN¥819.46K/day CN¥- CN¥387.74 Million ▲ +169 days
2020 824 days CN¥762.13 Million CN¥924.77K/day CN¥- CN¥281.44 Million ▼ -148 days
2019 972 days CN¥835.92 Million CN¥859.77K/day CN¥- CN¥370.00 Million ▼ -690 days
2018 1662 days CN¥1.45 Billion CN¥869.99K/day CN¥- CN¥746.00 Million ▲ +213 days
2017 1449 days CN¥1.60 Billion CN¥1.10 Million/day CN¥- CN¥858.00 Million ▲ +768 days
2016 681 days CN¥598.88 Million CN¥878.87K/day CN¥- CN¥50.00 Million ▼ -236 days
2015 917 days CN¥647.93 Million CN¥706.42K/day CN¥- CN¥285.00 Million ▲ +496 days
2014 421 days CN¥250.82 Million CN¥595.47K/day CN¥- CN¥- ▲ +75 days
2013 346 days CN¥169.55 Million CN¥489.89K/day CN¥- CN¥- ▼ -49 days
2012 395 days CN¥113.41 Million CN¥287.41K/day CN¥- CN¥- ▲ +19 days
2011 376 days CN¥95.06 Million CN¥252.88K/day CN¥- CN¥- —
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)