Ningbo Peace Bird Fashion (603877) — Defensive Interval Ratio

Latest as of September 2025: 374 days

Ningbo Peace Bird Fashion (603877) has a Defensive Interval Ratio of 374 days as of September 2025. Defensive assets of CN¥1.91 Billion (cash CN¥-, short-term investments CN¥1.33 Billion, receivables CN¥582.87 Million) cover 374 days of daily cash needs of CN¥5.11 Million/day. Check Ningbo Peace Bird Fashion tangible equity quality to evaluate the tangible quality of the company's equity base.

Defensive Interval Ratio

374 days
Days of operational coverage

Defensive Assets

CN¥1.91 Billion
Cash + ST Investments + Receivables

Daily Cash Need

CN¥5.11 Million
Current Liabilities ÷ 365

Current Liabilities

CN¥1.87 Billion
CNY

Ningbo Peace Bird Fashion Defensive Interval Ratio (2011–2024)

This chart shows how Ningbo Peace Bird Fashion's Defensive Interval Ratio has evolved across 14 annual periods from 2011 to 2024. As of September 2025, the ratio stands at 374 days, meaning defensive assets of CN¥1.91 Billion can fund 374 days of operations without new revenue. Also explore 603877 net assets growth trend to track the company's year-over-year net asset growth rate.

Annual Defensive Interval Ratio for Ningbo Peace Bird Fashion (2011–2024)

The table below presents the year-by-year Defensive Interval Ratio for Ningbo Peace Bird Fashion 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 Ningbo Peace Bird Fashion (603877) total market value.

Year DIR (days) Defensive Assets (CNY) Daily Cash Need Cash ST Investments Change (days)
2024 318 days CN¥2.15 Billion CN¥6.76 Million/day CN¥- CN¥1.52 Billion ▼ -26 days
2023 343 days CN¥2.28 Billion CN¥6.64 Million/day CN¥- CN¥1.79 Billion ▲ +126 days
2022 218 days CN¥1.92 Billion CN¥8.85 Million/day CN¥- CN¥1.26 Billion ▼ -7 days
2021 224 days CN¥2.86 Billion CN¥12.76 Million/day CN¥- CN¥2.06 Billion ▼ 0 days
2020 225 days CN¥2.80 Billion CN¥12.45 Million/day CN¥- CN¥1.87 Billion ▼ 0 days
2019 225 days CN¥2.06 Billion CN¥9.17 Million/day CN¥- CN¥1.29 Billion ▲ +127 days
2018 97 days CN¥714.99 Million CN¥7.35 Million/day CN¥- CN¥- ▼ -122 days
2017 219 days CN¥1.49 Billion CN¥6.81 Million/day CN¥- CN¥904.26 Million ▲ +146 days
2016 73 days CN¥477.86 Million CN¥6.52 Million/day CN¥- CN¥- ▲ +5 days
2015 69 days CN¥373.23 Million CN¥5.43 Million/day CN¥- CN¥- ▲ +8 days
2014 61 days CN¥277.72 Million CN¥4.59 Million/day CN¥- CN¥- ▼ -12 days
2013 73 days CN¥307.48 Million CN¥4.23 Million/day CN¥- CN¥- ▼ -8 days
2012 80 days CN¥252.17 Million CN¥3.14 Million/day CN¥- CN¥- ▼ -26 days
2011 106 days CN¥229.45 Million CN¥2.17 Million/day CN¥- CN¥- —
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)