First Capital Securities Co Ltd Class A (002797) — Defensive Interval Ratio

Latest as of September 2025: 122 days

First Capital Securities Co Ltd Class A (002797) has a Defensive Interval Ratio of 122 days as of September 2025. Defensive assets of CN¥9.63 Billion (cash CN¥-, short-term investments CN¥-, receivables CN¥9.63 Billion) cover 122 days of daily cash needs of CN¥78.89 Million/day. Check tangible net worth ratio of First Capital Securities Co Ltd Class A to evaluate the tangible quality of the company's equity base.

Defensive Interval Ratio

122 days
Days of operational coverage

Defensive Assets

CN¥9.63 Billion
Cash + ST Investments + Receivables

Daily Cash Need

CN¥78.89 Million
Current Liabilities ÷ 365

Current Liabilities

CN¥28.80 Billion
CNY

First Capital Securities Co Ltd Class A Defensive Interval Ratio (2005–2024)

This chart shows how First Capital Securities Co Ltd Class A's Defensive Interval Ratio has evolved across 17 annual periods from 2005 to 2024. As of September 2025, the ratio stands at 122 days, meaning defensive assets of CN¥9.63 Billion can fund 122 days of operations without new revenue. Also explore First Capital Securities Co Ltd Class A (002797) equity growth momentum to track the company's year-over-year net asset growth rate.

Annual Defensive Interval Ratio for First Capital Securities Co Ltd Class A (2005–2024)

The table below presents the year-by-year Defensive Interval Ratio for First Capital Securities Co Ltd Class A from 2005 to 2024, covering 17 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 002797 stock market capitalisation.

Year DIR (days) Defensive Assets (CNY) Daily Cash Need Cash ST Investments Change (days)
2024 9 days CN¥305.26 Million CN¥34.86 Million/day CN¥- CN¥- ▲ +0 days
2023 8 days CN¥194.73 Million CN¥23.24 Million/day CN¥- CN¥- ▼ -139241 days
2022 139250 days CN¥8.37 Billion CN¥60.10K/day CN¥- CN¥- ▲ +134193 days
2021 5056 days CN¥286.37 Million CN¥56.64K/day CN¥- CN¥- ▲ +5046 days
2020 11 days CN¥269.40 Million CN¥25.61 Million/day CN¥- CN¥- ▼ -5 days
2019 15 days CN¥329.88 Million CN¥21.72 Million/day CN¥- CN¥- ▼ -513 days
2018 528 days CN¥8.41 Billion CN¥15.94 Million/day CN¥- CN¥8.13 Billion ▲ +50 days
2017 478 days CN¥9.35 Billion CN¥19.57 Million/day CN¥- CN¥8.50 Billion ▲ +43 days
2016 434 days CN¥11.23 Billion CN¥25.85 Million/day CN¥- CN¥10.54 Billion ▲ +83 days
2015 351 days CN¥13.52 Billion CN¥38.52 Million/day CN¥- CN¥12.92 Billion ▲ +236 days
2014 115 days CN¥2.02 Billion CN¥17.63 Million/day CN¥- CN¥1.63 Billion ▼ -43 days
2013 157 days CN¥840.45 Million CN¥5.34 Million/day CN¥- CN¥648.77 Million ▲ +31 days
2012 126 days CN¥929.91 Million CN¥7.37 Million/day CN¥- CN¥808.13 Million ▲ +107 days
2011 20 days CN¥120.68 Million CN¥6.17 Million/day CN¥- CN¥112.66 Million ▲ +12 days
2010 7 days CN¥100.10 Million CN¥14.07 Million/day CN¥- CN¥100.00 Million ▼ -4 days
2006 11 days CN¥34.38 Million CN¥3.00 Million/day CN¥- CN¥- ▼ -258 days
2005 270 days CN¥338.37 Million CN¥1.25 Million/day CN¥- CN¥- —
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)