Nancal Energy-Saving Tech Co (603859) — Defensive Interval Ratio

Latest as of September 2025: 577 days

Nancal Energy-Saving Tech Co (603859) has a Defensive Interval Ratio of 577 days as of September 2025. Defensive assets of CN¥2.26 Billion (cash CN¥-, short-term investments CN¥463.32 Million, receivables CN¥1.80 Billion) cover 577 days of daily cash needs of CN¥3.92 Million/day. Check 603859 goodwill-adjusted equity ratio to evaluate the tangible quality of the company's equity base.

Defensive Interval Ratio

577 days
Days of operational coverage

Defensive Assets

CN¥2.26 Billion
Cash + ST Investments + Receivables

Daily Cash Need

CN¥3.92 Million
Current Liabilities ÷ 365

Current Liabilities

CN¥1.43 Billion
CNY

Nancal Energy-Saving Tech Co Defensive Interval Ratio (2011–2024)

This chart shows how Nancal Energy-Saving Tech Co's Defensive Interval Ratio has evolved across 14 annual periods from 2011 to 2024. As of September 2025, the ratio stands at 577 days, meaning defensive assets of CN¥2.26 Billion can fund 577 days of operations without new revenue. Also explore 603859 shareholders equity momentum to track the company's year-over-year net asset growth rate.

Annual Defensive Interval Ratio for Nancal Energy-Saving Tech Co (2011–2024)

The table below presents the year-by-year Defensive Interval Ratio for Nancal Energy-Saving Tech Co from 2011 to 2024, covering 14 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 603859 market cap.

Year DIR (days) Defensive Assets (CNY) Daily Cash Need Cash ST Investments Change (days)
2024 461 days CN¥1.69 Billion CN¥3.67 Million/day CN¥- CN¥103.61 Million ▼ -234 days
2023 695 days CN¥1.66 Billion CN¥2.39 Million/day CN¥- CN¥175.57 Million ▼ -217 days
2022 912 days CN¥1.36 Billion CN¥1.49 Million/day CN¥- CN¥110.11 Million ▲ +24 days
2021 888 days CN¥1.13 Billion CN¥1.27 Million/day CN¥- CN¥210.00 Million ▲ +336 days
2020 552 days CN¥763.33 Million CN¥1.38 Million/day CN¥- CN¥7.00 Million ▲ +11 days
2019 541 days CN¥615.65 Million CN¥1.14 Million/day CN¥- CN¥1.00 Million ▼ -494 days
2018 1035 days CN¥501.95 Million CN¥484.79K/day CN¥- CN¥- ▼ -556 days
2017 1591 days CN¥418.63 Million CN¥263.08K/day CN¥- CN¥- ▲ +510 days
2016 1082 days CN¥402.98 Million CN¥372.54K/day CN¥- CN¥- ▼ -191 days
2015 1273 days CN¥276.27 Million CN¥217.07K/day CN¥- CN¥- ▲ +224 days
2014 1049 days CN¥293.36 Million CN¥279.61K/day CN¥- CN¥- ▲ +314 days
2013 735 days CN¥307.77 Million CN¥418.86K/day CN¥- CN¥- ▲ +46 days
2012 689 days CN¥213.77 Million CN¥310.41K/day CN¥- CN¥- ▲ +170 days
2011 518 days CN¥214.67 Million CN¥414.07K/day CN¥- CN¥- —
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)