Niutech Environment Technology Corp (688309) — Defensive Interval Ratio

Latest as of March 2026: 453 days

Niutech Environment Technology Corp (688309) has a Defensive Interval Ratio of 453 days as of March 2026. Defensive assets of CN¥210.09 Million (cash CN¥-, short-term investments CN¥50.11 Million, receivables CN¥159.97 Million) cover 453 days of daily cash needs of CN¥463.30K/day. Check 688309 goodwill-adjusted equity ratio to evaluate the tangible quality of the company's equity base.

Defensive Interval Ratio

453 days
Days of operational coverage

Defensive Assets

CN¥210.09 Million
Cash + ST Investments + Receivables

Daily Cash Need

CN¥463.30K
Current Liabilities ÷ 365

Current Liabilities

CN¥169.11 Million
CNY

Niutech Environment Technology Corp Defensive Interval Ratio (2015–2025)

This chart shows how Niutech Environment Technology Corp's Defensive Interval Ratio has evolved across 10 annual periods from 2015 to 2025. As of March 2026, the ratio stands at 453 days, meaning defensive assets of CN¥210.09 Million can fund 453 days of operations without new revenue. Also explore 688309 shareholders equity momentum to track the company's year-over-year net asset growth rate.

Annual Defensive Interval Ratio for Niutech Environment Technology Corp (2015–2025)

The table below presents the year-by-year Defensive Interval Ratio for Niutech Environment Technology Corp from 2015 to 2025, covering 10 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 688309 market cap.

Year DIR (days) Defensive Assets (CNY) Daily Cash Need Cash ST Investments Change (days)
2025 174 days CN¥94.11 Million CN¥539.36K/day CN¥- CN¥50.12 Million ▼ -257 days
2024 432 days CN¥187.14 Million CN¥433.41K/day CN¥- CN¥96.17 Million ▼ -474 days
2023 906 days CN¥300.59 Million CN¥331.83K/day CN¥- CN¥160.25 Million ▼ -50 days
2022 956 days CN¥293.30 Million CN¥306.90K/day CN¥- CN¥150.59 Million ▼ -1257 days
2021 2212 days CN¥300.05 Million CN¥135.61K/day CN¥- CN¥90.40 Million ▼ -694 days
2020 2906 days CN¥516.31 Million CN¥177.67K/day CN¥- CN¥285.50 Million ▲ +2693 days
2019 213 days CN¥68.10 Million CN¥319.31K/day CN¥- CN¥- ▲ +70 days
2018 143 days CN¥50.27 Million CN¥352.04K/day CN¥- CN¥- ▼ -113 days
2017 255 days CN¥27.09 Million CN¥106.06K/day CN¥- CN¥- ▲ +239 days
2015 16 days CN¥617.94K CN¥38.61K/day CN¥- CN¥-
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)