Western Securities Co Ltd (002673) — Defensive Interval Ratio

Latest as of September 2025: 153 days

Western Securities Co Ltd (002673) has a Defensive Interval Ratio of 153 days as of September 2025. Defensive assets of CN¥11.82 Billion (cash CN¥-, short-term investments CN¥-, receivables CN¥11.82 Billion) cover 153 days of daily cash needs of CN¥77.31 Million/day.

Defensive Interval Ratio

153 days
Days of operational coverage

Defensive Assets

CN¥11.82 Billion
Cash + ST Investments + Receivables

Daily Cash Need

CN¥77.31 Million
Current Liabilities ÷ 365

Current Liabilities

CN¥28.22 Billion
CNY

Western Securities Co Ltd Defensive Interval Ratio (2011–2024)

This chart shows how Western Securities Co Ltd's Defensive Interval Ratio has evolved across 14 annual periods from 2011 to 2024. As of September 2025, the ratio stands at 153 days, meaning defensive assets of CN¥11.82 Billion can fund 153 days of operations without new revenue. For the complete balance sheet picture, see Western Securities Co Ltd (002673) total assets.

Annual Defensive Interval Ratio for Western Securities Co Ltd (2011–2024)

The table below presents the year-by-year Defensive Interval Ratio for Western Securities Co Ltd from 2011 to 2024, covering 14 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 002673 net 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 655 days CN¥48.98 Billion CN¥74.74 Million/day CN¥- CN¥48.80 Billion ▼ -632 days
2023 1288 days CN¥59.62 Billion CN¥46.29 Million/day CN¥- CN¥59.10 Billion ▼ -94 days
2022 1382 days CN¥65.09 Billion CN¥47.10 Million/day CN¥- CN¥57.20 Billion ▲ +176 days
2021 1206 days CN¥60.14 Billion CN¥49.89 Million/day CN¥- CN¥51.37 Billion ▲ +1199 days
2020 6 days CN¥244.95 Million CN¥40.19 Million/day CN¥- CN¥- ▲ +4 days
2019 3 days CN¥92.63 Million CN¥37.05 Million/day CN¥- CN¥- ▼ -364 days
2018 366 days CN¥11.05 Billion CN¥30.15 Million/day CN¥- CN¥10.31 Billion ▼ -75 days
2017 441 days CN¥15.48 Billion CN¥35.10 Million/day CN¥- CN¥14.33 Billion ▲ +94 days
2016 346 days CN¥17.83 Billion CN¥51.45 Million/day CN¥- CN¥16.97 Billion ▲ +177 days
2015 170 days CN¥10.35 Billion CN¥60.95 Million/day CN¥- CN¥9.26 Billion ▲ +69 days
2014 101 days CN¥3.30 Billion CN¥32.77 Million/day CN¥- CN¥3.10 Billion ▼ -113 days
2013 214 days CN¥3.52 Billion CN¥16.46 Million/day CN¥- CN¥3.50 Billion ▲ +149 days
2012 65 days CN¥1.07 Billion CN¥16.45 Million/day CN¥- CN¥1.06 Billion ▲ +26 days
2011 39 days CN¥703.91 Million CN¥17.88 Million/day CN¥- CN¥672.71 Million —
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)