Csd Water Service Co Ltd (603903) — Defensive Interval Ratio

Latest as of March 2026: 255 days

Csd Water Service Co Ltd (603903) has a Defensive Interval Ratio of 255 days as of March 2026. Defensive assets of CN¥1.05 Billion (cash CN¥-, short-term investments CN¥-, receivables CN¥1.05 Billion) cover 255 days of daily cash needs of CN¥4.11 Million/day. Check tangible equity quality of Csd Water Service Co Ltd to evaluate the tangible quality of the company's equity base.

Defensive Interval Ratio

255 days
Days of operational coverage

Defensive Assets

CN¥1.05 Billion
Cash + ST Investments + Receivables

Daily Cash Need

CN¥4.11 Million
Current Liabilities ÷ 365

Current Liabilities

CN¥1.50 Billion
CNY

Csd Water Service Co Ltd Defensive Interval Ratio (2012–2025)

This chart shows how Csd Water Service Co Ltd's Defensive Interval Ratio has evolved across 14 annual periods from 2012 to 2025. As of March 2026, the ratio stands at 255 days, meaning defensive assets of CN¥1.05 Billion can fund 255 days of operations without new revenue. Also explore 603903 year-over-year net asset growth to track the company's year-over-year net asset growth rate.

Annual Defensive Interval Ratio for Csd Water Service Co Ltd (2012–2025)

The table below presents the year-by-year Defensive Interval Ratio for Csd Water Service Co Ltd from 2012 to 2025, 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 how much is Csd Water Service Co Ltd worth.

Year DIR (days) Defensive Assets (CNY) Daily Cash Need Cash ST Investments Change (days)
2025 243 days CN¥1.10 Billion CN¥4.54 Million/day CN¥- CN¥- ▼ -48 days
2024 291 days CN¥1.66 Billion CN¥5.73 Million/day CN¥- CN¥- ▼ -44 days
2023 334 days CN¥1.82 Billion CN¥5.45 Million/day CN¥- CN¥- ▲ +0 days
2022 334 days CN¥1.48 Billion CN¥4.41 Million/day CN¥- CN¥- ▲ +92 days
2021 242 days CN¥1.02 Billion CN¥4.20 Million/day CN¥- CN¥- ▲ +26 days
2020 217 days CN¥789.98 Million CN¥3.64 Million/day CN¥- CN¥1.03 Million ▲ +84 days
2019 133 days CN¥490.63 Million CN¥3.69 Million/day CN¥- CN¥1.00 Million ▼ -33 days
2018 166 days CN¥474.87 Million CN¥2.87 Million/day CN¥- CN¥- ▼ -83 days
2017 249 days CN¥290.84 Million CN¥1.17 Million/day CN¥- CN¥- ▲ +0 days
2016 249 days CN¥180.26 Million CN¥723.88K/day CN¥- CN¥- ▼ -24 days
2015 273 days CN¥178.96 Million CN¥654.39K/day CN¥- CN¥- ▲ +43 days
2014 231 days CN¥126.25 Million CN¥547.33K/day CN¥- CN¥- ▲ +41 days
2013 189 days CN¥63.18 Million CN¥333.49K/day CN¥- CN¥- ▲ +42 days
2012 148 days CN¥47.51 Million CN¥321.94K/day CN¥- CN¥- —
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)