Ningbo Ronbay New Energy Tech Ltd (688005) — Defensive Interval Ratio

Latest as of September 2025: 256 days

Ningbo Ronbay New Energy Tech Ltd (688005) has a Defensive Interval Ratio of 256 days as of September 2025. Defensive assets of CN¥7.48 Billion (cash CN¥-, short-term investments CN¥1.35 Billion, receivables CN¥6.13 Billion) cover 256 days of daily cash needs of CN¥29.20 Million/day. See working capital to net assets of Ningbo Ronbay New Energy Tech Ltd to evaluate short-term liquidity relative to the company's equity base.

Defensive Interval Ratio

256 days
Days of operational coverage

Defensive Assets

CN¥7.48 Billion
Cash + ST Investments + Receivables

Daily Cash Need

CN¥29.20 Million
Current Liabilities ÷ 365

Current Liabilities

CN¥10.66 Billion
CNY

Ningbo Ronbay New Energy Tech Ltd Defensive Interval Ratio (2016–2024)

This chart shows how Ningbo Ronbay New Energy Tech Ltd's Defensive Interval Ratio has evolved across 9 annual periods from 2016 to 2024. As of September 2025, the ratio stands at 256 days, meaning defensive assets of CN¥7.48 Billion can fund 256 days of operations without new revenue. See 688005 net asset quality score to measure how much of total assets are equity-financed.

Annual Defensive Interval Ratio for Ningbo Ronbay New Energy Tech Ltd (2016–2024)

The table below presents the year-by-year Defensive Interval Ratio for Ningbo Ronbay New Energy Tech Ltd from 2016 to 2024, covering 9 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 Ronbay New Energy Tech Ltd market cap and net worth.

Year DIR (days) Defensive Assets (CNY) Daily Cash Need Cash ST Investments Change (days)
2024 282 days CN¥8.57 Billion CN¥30.37 Million/day CN¥- CN¥680.00 Million ▼ -13 days
2023 295 days CN¥7.49 Billion CN¥25.40 Million/day CN¥- CN¥123.36 Million ▲ +95 days
2022 200 days CN¥7.77 Billion CN¥38.84 Million/day CN¥- CN¥70.32 Million ▼ -5 days
2021 205 days CN¥4.72 Billion CN¥23.01 Million/day CN¥- CN¥242.79 Million ▼ -250 days
2020 455 days CN¥1.79 Billion CN¥3.93 Million/day CN¥- CN¥207.37 Million ▼ -104 days
2019 559 days CN¥2.16 Billion CN¥3.86 Million/day CN¥- CN¥452.40 Million ▼ -86 days
2018 645 days CN¥1.77 Billion CN¥2.74 Million/day CN¥- CN¥- ▲ +90 days
2017 555 days CN¥942.36 Million CN¥1.70 Million/day CN¥- CN¥- ▲ +281 days
2016 274 days CN¥412.57 Million CN¥1.50 Million/day CN¥- CN¥- —
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)