Qingdao Daneng Environmental Protection Equipment Co Ltd (688501) — Defensive Interval Ratio
Qingdao Daneng Environmental Protection Equipment Co Ltd (688501) has a Defensive Interval Ratio of 161 days as of March 2026. Defensive assets of CN¥683.38 Million (cash CN¥-, short-term investments CN¥-, receivables CN¥683.38 Million) cover 161 days of daily cash needs of CN¥4.26 Million/day. See Qingdao Daneng Environmental Protection working capital to net assets to evaluate short-term liquidity relative to the company's equity base.
Defensive Interval Ratio
Defensive Assets
Daily Cash Need
Current Liabilities
Qingdao Daneng Environmental Protection Equipment Co Ltd Defensive Interval Ratio (2017–2025)
This chart shows how Qingdao Daneng Environmental Protection Equipment Co Ltd's Defensive Interval Ratio has evolved across 9 annual periods from 2017 to 2025. As of March 2026, the ratio stands at 161 days, meaning defensive assets of CN¥683.38 Million can fund 161 days of operations without new revenue. See how leveraged is Qingdao Daneng Environmental Protection 's balance sheet to measure how much of total assets are equity-financed.
Annual Defensive Interval Ratio for Qingdao Daneng Environmental Protection Equipment Co Ltd (2017–2025)
The table below presents the year-by-year Defensive Interval Ratio for Qingdao Daneng Environmental Protection Equipment Co Ltd from 2017 to 2025, 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 Qingdao Daneng Environmental Protection stock valuation.
| Year | DIR (days) | Defensive Assets (CNY) | Daily Cash Need | Cash | ST Investments | Change (days) |
|---|---|---|---|---|---|---|
| 2025 | 150 days | CN¥634.94 Million | CN¥4.22 Million/day | CN¥- | CN¥- | ▼ -72 days |
| 2024 | 222 days | CN¥1.02 Billion | CN¥4.61 Million/day | CN¥- | CN¥30.00 Million | ▼ -94 days |
| 2023 | 316 days | CN¥861.94 Million | CN¥2.73 Million/day | CN¥- | CN¥10.00 Million | ▲ +1 days |
| 2022 | 314 days | CN¥731.39 Million | CN¥2.33 Million/day | CN¥- | CN¥84.00 Million | ▼ -94 days |
| 2021 | 409 days | CN¥703.06 Million | CN¥1.72 Million/day | CN¥- | CN¥75.95 Million | ▲ +82 days |
| 2020 | 326 days | CN¥530.09 Million | CN¥1.63 Million/day | CN¥- | CN¥- | ▼ -25 days |
| 2019 | 351 days | CN¥541.41 Million | CN¥1.54 Million/day | CN¥- | CN¥- | ▼ -26 days |
| 2018 | 377 days | CN¥536.89 Million | CN¥1.42 Million/day | CN¥- | CN¥- | ▼ -1 days |
| 2017 | 378 days | CN¥525.42 Million | CN¥1.39 Million/day | CN¥- | CN¥- | — |