Hiecise Precision Equipment Co Ltd (300809) — Defensive Interval Ratio
Hiecise Precision Equipment Co Ltd (300809) has a Defensive Interval Ratio of 848 days as of September 2025. Defensive assets of CN¥1.14 Billion (cash CN¥-, short-term investments CN¥796.77 Million, receivables CN¥346.21 Million) cover 848 days of daily cash needs of CN¥1.35 Million/day. Check Hiecise Precision Equipment Co Ltd 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
Hiecise Precision Equipment Co Ltd Defensive Interval Ratio (2015–2024)
This chart shows how Hiecise Precision Equipment Co Ltd's Defensive Interval Ratio has evolved across 10 annual periods from 2015 to 2024. As of September 2025, the ratio stands at 848 days, meaning defensive assets of CN¥1.14 Billion can fund 848 days of operations without new revenue. Also explore how fast is Hiecise Precision Equipment Co Ltd growing its equity to track the company's year-over-year net asset growth rate.
Annual Defensive Interval Ratio for Hiecise Precision Equipment Co Ltd (2015–2024)
The table below presents the year-by-year Defensive Interval Ratio for Hiecise Precision Equipment Co Ltd from 2015 to 2024, 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. For live market cap and the full company financial profile, see market cap of Hiecise Precision Equipment Co Ltd.
| Year | DIR (days) | Defensive Assets (CNY) | Daily Cash Need | Cash | ST Investments | Change (days) |
|---|---|---|---|---|---|---|
| 2024 | 773 days | CN¥919.52 Million | CN¥1.19 Million/day | CN¥- | CN¥622.75 Million | ▲ +283 days |
| 2023 | 490 days | CN¥588.10 Million | CN¥1.20 Million/day | CN¥- | CN¥268.97 Million | ▼ -154 days |
| 2022 | 644 days | CN¥908.63 Million | CN¥1.41 Million/day | CN¥- | CN¥649.82 Million | ▼ -392 days |
| 2021 | 1035 days | CN¥1.09 Billion | CN¥1.05 Million/day | CN¥- | CN¥806.30 Million | ▲ +36 days |
| 2020 | 1000 days | CN¥1.15 Billion | CN¥1.15 Million/day | CN¥- | CN¥872.90 Million | ▼ -333 days |
| 2019 | 1333 days | CN¥958.10 Million | CN¥718.88K/day | CN¥- | CN¥687.41 Million | ▲ +1008 days |
| 2018 | 325 days | CN¥271.35 Million | CN¥835.15K/day | CN¥- | CN¥4.35 Million | ▲ +98 days |
| 2017 | 227 days | CN¥194.07 Million | CN¥855.22K/day | CN¥- | CN¥4.82 Million | ▼ -8 days |
| 2016 | 235 days | CN¥116.88 Million | CN¥497.00K/day | CN¥- | CN¥- | ▼ -222 days |
| 2015 | 457 days | CN¥220.04 Million | CN¥481.66K/day | CN¥- | CN¥108.85 Million | — |