Ningbo Deye Technology Co Ltd (605117) — Defensive Interval Ratio

Latest as of June 2025: 218 days

Ningbo Deye Technology Co Ltd (605117) has a Defensive Interval Ratio of 218 days as of June 2025. Defensive assets of CN¥5.30 Billion (cash CN¥-, short-term investments CN¥3.63 Billion, receivables CN¥1.68 Billion) cover 218 days of daily cash needs of CN¥24.38 Million/day.

Defensive Interval Ratio

218 days
Days of operational coverage

Defensive Assets

CN¥5.30 Billion
Cash + ST Investments + Receivables

Daily Cash Need

CN¥24.38 Million
Current Liabilities ÷ 365

Current Liabilities

CN¥8.90 Billion
CNY

Ningbo Deye Technology Co Ltd Defensive Interval Ratio (2019–2024)

This chart shows how Ningbo Deye Technology Co Ltd's Defensive Interval Ratio has evolved across 6 annual periods from 2019 to 2024. As of June 2025, the ratio stands at 218 days, meaning defensive assets of CN¥5.30 Billion can fund 218 days of operations without new revenue. For the complete balance sheet picture, see how large is Ningbo Deye Technology Co Ltd's balance sheet.

Annual Defensive Interval Ratio for Ningbo Deye Technology Co Ltd (2019–2024)

The table below presents the year-by-year Defensive Interval Ratio for Ningbo Deye Technology Co Ltd from 2019 to 2024, covering 6 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 Ningbo Deye Technology Co Ltd (605117) working capital ratio 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)
2024 317 days CN¥4.78 Billion CN¥15.10 Million/day CN¥- CN¥3.08 Billion ▲ +146 days
2023 171 days CN¥2.42 Billion CN¥14.16 Million/day CN¥- CN¥1.85 Billion ▼ 0 days
2022 171 days CN¥1.80 Billion CN¥10.55 Million/day CN¥- CN¥1.25 Billion ▼ -60 days
2021 231 days CN¥786.36 Million CN¥3.40 Million/day CN¥- CN¥516.24 Million ▲ +8 days
2020 223 days CN¥479.03 Million CN¥2.15 Million/day CN¥- CN¥155.07 Million ▲ +75 days
2019 148 days CN¥263.54 Million CN¥1.78 Million/day CN¥- CN¥- —
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)