Hangzhou Zhongheng Electric Co Ltd (002364) — Defensive Interval Ratio

Latest as of September 2025: 272 days

Hangzhou Zhongheng Electric Co Ltd (002364) has a Defensive Interval Ratio of 272 days as of September 2025. Defensive assets of CN¥1.07 Billion (cash CN¥-, short-term investments CN¥-, receivables CN¥1.07 Billion) cover 272 days of daily cash needs of CN¥3.95 Million/day. Check 002364 tangible net worth ratio to evaluate the tangible quality of the company's equity base.

Defensive Interval Ratio

272 days
Days of operational coverage

Defensive Assets

CN¥1.07 Billion
Cash + ST Investments + Receivables

Daily Cash Need

CN¥3.95 Million
Current Liabilities ÷ 365

Current Liabilities

CN¥1.44 Billion
CNY

Hangzhou Zhongheng Electric Co Ltd Defensive Interval Ratio (2006–2024)

This chart shows how Hangzhou Zhongheng Electric Co Ltd's Defensive Interval Ratio has evolved across 19 annual periods from 2006 to 2024. As of September 2025, the ratio stands at 272 days, meaning defensive assets of CN¥1.07 Billion can fund 272 days of operations without new revenue. Also explore 002364 net assets growth trend to track the company's year-over-year net asset growth rate.

Annual Defensive Interval Ratio for Hangzhou Zhongheng Electric Co Ltd (2006–2024)

The table below presents the year-by-year Defensive Interval Ratio for Hangzhou Zhongheng Electric Co Ltd from 2006 to 2024, covering 19 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 Hangzhou Zhongheng Electric Co Ltd market capitalisation.

Year DIR (days) Defensive Assets (CNY) Daily Cash Need Cash ST Investments Change (days)
2024 403 days CN¥1.45 Billion CN¥3.60 Million/day CN¥- CN¥344.41 Million ▼ -5 days
2023 408 days CN¥1.07 Billion CN¥2.63 Million/day CN¥- CN¥50.00 Million ▲ +15 days
2022 394 days CN¥1.09 Billion CN¥2.76 Million/day CN¥- CN¥51.00 Million ▼ -105 days
2021 499 days CN¥1.21 Billion CN¥2.43 Million/day CN¥- CN¥70.00 Million ▲ +226 days
2020 273 days CN¥906.32 Million CN¥3.32 Million/day CN¥- CN¥-163.00 Million ▼ -711 days
2019 984 days CN¥1.30 Billion CN¥1.32 Million/day CN¥- CN¥320.00 Million ▼ -151 days
2018 1135 days CN¥968.60 Million CN¥853.21K/day CN¥- CN¥140.00 Million ▼ -718 days
2017 1853 days CN¥1.50 Billion CN¥810.73K/day CN¥- CN¥683.00 Million ▲ +167 days
2016 1686 days CN¥1.14 Billion CN¥675.80K/day CN¥- CN¥460.00 Million ▲ +1149 days
2015 536 days CN¥559.06 Million CN¥1.04 Million/day CN¥- CN¥-56.53 Million ▼ -89 days
2014 625 days CN¥414.35 Million CN¥662.75K/day CN¥- CN¥-15.56 Million ▼ -339 days
2013 964 days CN¥322.33 Million CN¥334.40K/day CN¥- CN¥-16.62 Million ▲ +81 days
2012 883 days CN¥272.92 Million CN¥309.25K/day CN¥- CN¥- ▲ +421 days
2011 461 days CN¥118.96 Million CN¥258.01K/day CN¥- CN¥- ▼ -225 days
2010 686 days CN¥142.96 Million CN¥208.34K/day CN¥- CN¥- ▲ +296 days
2009 390 days CN¥122.39 Million CN¥313.76K/day CN¥- CN¥- ▲ +37 days
2008 353 days CN¥100.51 Million CN¥284.53K/day CN¥- CN¥- ▲ +119 days
2007 234 days CN¥82.22 Million CN¥351.35K/day CN¥- CN¥- ▼ -33 days
2006 267 days CN¥77.99 Million CN¥292.50K/day CN¥- CN¥- —
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)