Hiconics Drive Tech Co (300048) — Defensive Interval Ratio

Latest as of September 2025: 265 days

Hiconics Drive Tech Co (300048) has a Defensive Interval Ratio of 265 days as of September 2025. Defensive assets of CN¥2.17 Billion (cash CN¥-, short-term investments CN¥570.45 Million, receivables CN¥1.60 Billion) cover 265 days of daily cash needs of CN¥8.17 Million/day. Check Hiconics Drive Tech Co (300048) tangible equity ratio to evaluate the tangible quality of the company's equity base.

Defensive Interval Ratio

265 days
Days of operational coverage

Defensive Assets

CN¥2.17 Billion
Cash + ST Investments + Receivables

Daily Cash Need

CN¥8.17 Million
Current Liabilities ÷ 365

Current Liabilities

CN¥2.98 Billion
CNY

Hiconics Drive Tech Co Defensive Interval Ratio (2006–2024)

This chart shows how Hiconics Drive Tech Co's Defensive Interval Ratio has evolved across 19 annual periods from 2006 to 2024. As of September 2025, the ratio stands at 265 days, meaning defensive assets of CN¥2.17 Billion can fund 265 days of operations without new revenue. Also explore net asset momentum of Hiconics Drive Tech Co to track the company's year-over-year net asset growth rate.

Annual Defensive Interval Ratio for Hiconics Drive Tech Co (2006–2024)

The table below presents the year-by-year Defensive Interval Ratio for Hiconics Drive Tech Co from 2006 to 2024, covering 19 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 Hiconics Drive Tech Co market cap and net worth.

Year DIR (days) Defensive Assets (CNY) Daily Cash Need Cash ST Investments Change (days)
2024 165 days CN¥1.28 Billion CN¥7.76 Million/day CN¥- CN¥- ▼ -100 days
2023 265 days CN¥1.01 Billion CN¥3.81 Million/day CN¥- CN¥- ▼ -147 days
2022 412 days CN¥935.72 Million CN¥2.27 Million/day CN¥- CN¥-2.58 Million ▲ +2 days
2021 410 days CN¥666.38 Million CN¥1.63 Million/day CN¥- CN¥-575.66K ▲ +29 days
2020 381 days CN¥856.39 Million CN¥2.25 Million/day CN¥- CN¥-24.56 Million ▲ +26 days
2019 356 days CN¥1.11 Billion CN¥3.12 Million/day CN¥- CN¥-18.96 Million ▲ +43 days
2018 313 days CN¥1.22 Billion CN¥3.89 Million/day CN¥- CN¥-30.64 Million ▲ +52 days
2017 261 days CN¥1.14 Billion CN¥4.36 Million/day CN¥- CN¥- ▼ -94 days
2016 355 days CN¥1.13 Billion CN¥3.17 Million/day CN¥- CN¥- ▼ -62 days
2015 417 days CN¥905.15 Million CN¥2.17 Million/day CN¥- CN¥- ▼ -310 days
2014 727 days CN¥795.38 Million CN¥1.09 Million/day CN¥- CN¥8.00 Million ▼ -32 days
2013 759 days CN¥695.42 Million CN¥915.76K/day CN¥- CN¥- ▼ -62 days
2012 821 days CN¥639.90 Million CN¥779.42K/day CN¥- CN¥- ▲ +260 days
2011 561 days CN¥528.86 Million CN¥942.06K/day CN¥- CN¥- ▲ +42 days
2010 519 days CN¥284.46 Million CN¥547.81K/day CN¥- CN¥- ▲ +78 days
2009 441 days CN¥216.95 Million CN¥491.94K/day CN¥- CN¥- ▲ +141 days
2008 300 days CN¥129.59 Million CN¥432.22K/day CN¥- CN¥- ▼ -95 days
2007 395 days CN¥66.19 Million CN¥167.64K/day CN¥- CN¥- ▲ +99 days
2006 296 days CN¥27.45 Million CN¥92.81K/day CN¥- CN¥- —
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)