Shandong Hongyu Agricultural Machinery Co Ltd (002890) — Defensive Interval Ratio
Shandong Hongyu Agricultural Machinery Co Ltd (002890) has a Defensive Interval Ratio of 1037 days as of September 2025. Defensive assets of CN¥366.87 Million (cash CN¥-, short-term investments CN¥152.23 Million, receivables CN¥214.64 Million) cover 1037 days of daily cash needs of CN¥353.73K/day. Check Shandong Hongyu Agricultural Machinery C tangible book value ratio to evaluate the tangible quality of the company's equity base.
Defensive Interval Ratio
Defensive Assets
Daily Cash Need
Current Liabilities
Shandong Hongyu Agricultural Machinery Co Ltd Defensive Interval Ratio (2012–2024)
This chart shows how Shandong Hongyu Agricultural Machinery Co Ltd's Defensive Interval Ratio has evolved across 12 annual periods from 2012 to 2024. As of September 2025, the ratio stands at 1037 days, meaning defensive assets of CN¥366.87 Million can fund 1037 days of operations without new revenue. Also explore Shandong Hongyu Agricultural Machinery C net asset momentum to track the company's year-over-year net asset growth rate.
Annual Defensive Interval Ratio for Shandong Hongyu Agricultural Machinery Co Ltd (2012–2024)
The table below presents the year-by-year Defensive Interval Ratio for Shandong Hongyu Agricultural Machinery Co Ltd from 2012 to 2024, covering 12 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 Shandong Hongyu Agricultural Machinery C (002890) market capitalisation.
| Year | DIR (days) | Defensive Assets (CNY) | Daily Cash Need | Cash | ST Investments | Change (days) |
|---|---|---|---|---|---|---|
| 2024 | 973 days | CN¥334.22 Million | CN¥343.37K/day | CN¥- | CN¥176.19 Million | ▲ +27 days |
| 2023 | 947 days | CN¥354.45 Million | CN¥374.46K/day | CN¥- | CN¥185.20 Million | ▲ +50 days |
| 2022 | 897 days | CN¥365.03 Million | CN¥406.99K/day | CN¥- | CN¥203.17 Million | ▲ +225 days |
| 2021 | 672 days | CN¥249.26 Million | CN¥371.15K/day | CN¥- | CN¥90.09 Million | ▼ -387 days |
| 2020 | 1058 days | CN¥275.06 Million | CN¥259.94K/day | CN¥- | CN¥156.11 Million | ▲ +475 days |
| 2019 | 583 days | CN¥150.55 Million | CN¥258.39K/day | CN¥- | CN¥- | ▲ +64 days |
| 2018 | 519 days | CN¥145.60 Million | CN¥280.54K/day | CN¥- | CN¥- | ▲ +147 days |
| 2017 | 372 days | CN¥96.09 Million | CN¥258.36K/day | CN¥- | CN¥- | ▲ +47 days |
| 2016 | 325 days | CN¥97.65 Million | CN¥300.24K/day | CN¥- | CN¥- | ▲ +54 days |
| 2015 | 272 days | CN¥84.18 Million | CN¥309.81K/day | CN¥- | CN¥- | ▲ +187 days |
| 2013 | 85 days | CN¥69.06 Million | CN¥813.21K/day | CN¥- | CN¥- | ▲ +13 days |
| 2012 | 72 days | CN¥58.67 Million | CN¥818.33K/day | CN¥- | CN¥- | — |