Hes Technology Group (002963) — Defensive Interval Ratio

Latest as of March 2026: 777 days

Hes Technology Group (002963) has a Defensive Interval Ratio of 777 days as of March 2026. Defensive assets of CN¥799.99 Million (cash CN¥-, short-term investments CN¥493.49 Million, receivables CN¥306.50 Million) cover 777 days of daily cash needs of CN¥1.03 Million/day. Check tangible equity quality of Hes Technology Group to evaluate the tangible quality of the company's equity base.

Defensive Interval Ratio

777 days
Days of operational coverage

Defensive Assets

CN¥799.99 Million
Cash + ST Investments + Receivables

Daily Cash Need

CN¥1.03 Million
Current Liabilities ÷ 365

Current Liabilities

CN¥375.89 Million
CNY

Hes Technology Group Defensive Interval Ratio (2015–2025)

This chart shows how Hes Technology Group's Defensive Interval Ratio has evolved across 11 annual periods from 2015 to 2025. As of March 2026, the ratio stands at 777 days, meaning defensive assets of CN¥799.99 Million can fund 777 days of operations without new revenue. Also explore Hes Technology Group (002963) equity growth momentum to track the company's year-over-year net asset growth rate.

Annual Defensive Interval Ratio for Hes Technology Group (2015–2025)

The table below presents the year-by-year Defensive Interval Ratio for Hes Technology Group from 2015 to 2025, 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 how much is Hes Technology Group worth.

Year DIR (days) Defensive Assets (CNY) Daily Cash Need Cash ST Investments Change (days)
2025 673 days CN¥748.76 Million CN¥1.11 Million/day CN¥- CN¥407.49 Million ▼ -80 days
2024 752 days CN¥878.02 Million CN¥1.17 Million/day CN¥- CN¥56.20 Million ▼ -149 days
2023 902 days CN¥1.16 Billion CN¥1.29 Million/day CN¥- CN¥320.89 Million ▲ +97 days
2022 805 days CN¥1.25 Billion CN¥1.55 Million/day CN¥- CN¥163.92 Million ▼ -34 days
2021 839 days CN¥1.36 Billion CN¥1.62 Million/day CN¥- CN¥218.45 Million ▼ -183 days
2020 1022 days CN¥1.33 Billion CN¥1.30 Million/day CN¥- CN¥227.00 Million ▲ +620 days
2019 402 days CN¥704.08 Million CN¥1.75 Million/day CN¥- CN¥- ▼ -130 days
2018 532 days CN¥609.00 Million CN¥1.14 Million/day CN¥- CN¥- ▲ +65 days
2017 467 days CN¥285.38 Million CN¥610.59K/day CN¥- CN¥- ▼ -164 days
2016 631 days CN¥219.24 Million CN¥347.24K/day CN¥- CN¥- ▲ +127 days
2015 504 days CN¥148.56 Million CN¥294.54K/day CN¥- CN¥-
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)