Hengerda New Materials (Fujian) Co. Ltd. (300946) — Defensive Interval Ratio

Latest as of June 2025: 202 days

Hengerda New Materials (Fujian) Co. Ltd. (300946) has a Defensive Interval Ratio of 202 days as of June 2025. Defensive assets of CN¥183.34 Million (cash CN¥-, short-term investments CN¥-, receivables CN¥183.34 Million) cover 202 days of daily cash needs of CN¥907.77K/day. Check Hengerda New Materials (Fujian) Co. Ltd. tangible book value ratio to evaluate the tangible quality of the company's equity base.

Defensive Interval Ratio

202 days
Days of operational coverage

Defensive Assets

CN¥183.34 Million
Cash + ST Investments + Receivables

Daily Cash Need

CN¥907.77K
Current Liabilities ÷ 365

Current Liabilities

CN¥331.34 Million
CNY

Hengerda New Materials (Fujian) Co. Ltd. Defensive Interval Ratio (2019–2024)

This chart shows how Hengerda New Materials (Fujian) Co. Ltd.'s Defensive Interval Ratio has evolved across 6 annual periods from 2019 to 2024. As of June 2025, the ratio stands at 202 days, meaning defensive assets of CN¥183.34 Million can fund 202 days of operations without new revenue. Also explore Hengerda New Materials (Fujian) Co. Ltd. net asset momentum to track the company's year-over-year net asset growth rate.

Annual Defensive Interval Ratio for Hengerda New Materials (Fujian) Co. Ltd. (2019–2024)

The table below presents the year-by-year Defensive Interval Ratio for Hengerda New Materials (Fujian) Co. Ltd. from 2019 to 2024, covering 6 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 Hengerda New Materials (Fujian) Co. Ltd. worth.

Year DIR (days) Defensive Assets (CNY) Daily Cash Need Cash ST Investments Change (days)
2024 157 days CN¥99.97 Million CN¥636.87K/day CN¥- CN¥- ▼ -48 days
2023 205 days CN¥150.91 Million CN¥735.95K/day CN¥- CN¥50.11 Million ▼ -260 days
2022 465 days CN¥200.33 Million CN¥430.73K/day CN¥- CN¥107.07 Million ▼ -296 days
2021 761 days CN¥327.85 Million CN¥430.99K/day CN¥- CN¥248.15 Million ▲ +617 days
2020 143 days CN¥57.55 Million CN¥401.51K/day CN¥- CN¥- ▼ -3 days
2019 146 days CN¥50.30 Million CN¥344.81K/day CN¥- CN¥-
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)