Henzhen Zhaowei Machinery And Elect (003021) — Defensive Interval Ratio

Latest as of March 2026: 824 days

Henzhen Zhaowei Machinery And Elect (003021) has a Defensive Interval Ratio of 824 days as of March 2026. Defensive assets of CN¥1.50 Billion (cash CN¥-, short-term investments CN¥1.06 Billion, receivables CN¥442.30 Million) cover 824 days of daily cash needs of CN¥1.82 Million/day.

Defensive Interval Ratio

824 days
Days of operational coverage

Defensive Assets

CN¥1.50 Billion
Cash + ST Investments + Receivables

Daily Cash Need

CN¥1.82 Million
Current Liabilities ÷ 365

Current Liabilities

CN¥665.27 Million
CNY

Henzhen Zhaowei Machinery And Elect Defensive Interval Ratio (2016–2025)

This chart shows how Henzhen Zhaowei Machinery And Elect's Defensive Interval Ratio has evolved across 10 annual periods from 2016 to 2025. As of March 2026, the ratio stands at 824 days, meaning defensive assets of CN¥1.50 Billion can fund 824 days of operations without new revenue. For the complete balance sheet picture, see Henzhen Zhaowei Machinery And Elect (003021) total assets.

Annual Defensive Interval Ratio for Henzhen Zhaowei Machinery And Elect (2016–2025)

The table below presents the year-by-year Defensive Interval Ratio for Henzhen Zhaowei Machinery And Elect from 2016 to 2025, covering 10 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 working capital position of Henzhen Zhaowei Machinery And Elect 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)
2025 662 days CN¥1.36 Billion CN¥2.05 Million/day CN¥- CN¥838.98 Million ▲ +5 days
2024 656 days CN¥1.44 Billion CN¥2.20 Million/day CN¥- CN¥841.95 Million ▲ +33 days
2023 624 days CN¥1.09 Billion CN¥1.74 Million/day CN¥- CN¥640.47 Million ▲ +19 days
2022 605 days CN¥875.84 Million CN¥1.45 Million/day CN¥- CN¥472.95 Million ▼ -494 days
2021 1099 days CN¥1.10 Billion CN¥999.63K/day CN¥- CN¥753.38 Million ▲ +587 days
2020 512 days CN¥442.41 Million CN¥863.97K/day CN¥- CN¥45.06 Million ▲ +74 days
2019 438 days CN¥540.55 Million CN¥1.23 Million/day CN¥- CN¥191.37 Million ▲ +199 days
2018 238 days CN¥195.92 Million CN¥821.96K/day CN¥- CN¥- ▲ +5 days
2017 234 days CN¥136.52 Million CN¥584.52K/day CN¥- CN¥- ▲ +55 days
2016 179 days CN¥92.37 Million CN¥517.42K/day CN¥- CN¥- —
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)