Suzhou Hengmingda Electronic Technology Co Ltd (002947) — Defensive Interval Ratio

Latest as of September 2025: 671 days

Suzhou Hengmingda Electronic Technology Co Ltd (002947) has a Defensive Interval Ratio of 671 days as of September 2025. Defensive assets of CN¥1.74 Billion (cash CN¥-, short-term investments CN¥710.98 Million, receivables CN¥1.03 Billion) cover 671 days of daily cash needs of CN¥2.59 Million/day. Check Suzhou Hengmingda Electronic Technology tangible book value ratio to evaluate the tangible quality of the company's equity base.

Defensive Interval Ratio

671 days
Days of operational coverage

Defensive Assets

CN¥1.74 Billion
Cash + ST Investments + Receivables

Daily Cash Need

CN¥2.59 Million
Current Liabilities ÷ 365

Current Liabilities

CN¥946.32 Million
CNY

Suzhou Hengmingda Electronic Technology Co Ltd Defensive Interval Ratio (2014–2024)

This chart shows how Suzhou Hengmingda Electronic Technology Co Ltd's Defensive Interval Ratio has evolved across 11 annual periods from 2014 to 2024. As of September 2025, the ratio stands at 671 days, meaning defensive assets of CN¥1.74 Billion can fund 671 days of operations without new revenue. Also explore 002947 net asset momentum to track the company's year-over-year net asset growth rate.

Annual Defensive Interval Ratio for Suzhou Hengmingda Electronic Technology Co Ltd (2014–2024)

The table below presents the year-by-year Defensive Interval Ratio for Suzhou Hengmingda Electronic Technology Co Ltd from 2014 to 2024, covering 11 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 market value of Suzhou Hengmingda Electronic Technology .

Year DIR (days) Defensive Assets (CNY) Daily Cash Need Cash ST Investments Change (days)
2024 1199 days CN¥2.33 Billion CN¥1.94 Million/day CN¥- CN¥1.08 Billion ▲ +513 days
2023 685 days CN¥1.15 Billion CN¥1.68 Million/day CN¥- CN¥206.65 Million ▲ +15 days
2022 670 days CN¥1.02 Billion CN¥1.52 Million/day CN¥- CN¥261.18 Million ▲ +157 days
2021 513 days CN¥653.15 Million CN¥1.27 Million/day CN¥- CN¥25.00 Million ▲ +161 days
2020 352 days CN¥363.29 Million CN¥1.03 Million/day CN¥- CN¥35.00 Million ▼ -496 days
2019 848 days CN¥317.67 Million CN¥374.65K/day CN¥- CN¥20.00 Million ▼ -132 days
2018 980 days CN¥260.79 Million CN¥266.25K/day CN¥- CN¥- ▲ +170 days
2017 809 days CN¥232.89 Million CN¥287.79K/day CN¥- CN¥- ▲ +516 days
2016 294 days CN¥210.03 Million CN¥715.06K/day CN¥- CN¥- ▲ +45 days
2015 249 days CN¥129.34 Million CN¥519.10K/day CN¥- CN¥- ▼ -589 days
2014 839 days CN¥194.61 Million CN¥232.06K/day CN¥- CN¥-
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)