Zhejiang Hongchang Electrical Technology Co. Ltd. (301008) — Defensive Interval Ratio
Zhejiang Hongchang Electrical Technology Co. Ltd. (301008) has a Defensive Interval Ratio of 445 days as of September 2025. Defensive assets of CN¥815.49 Million (cash CN¥-, short-term investments CN¥290.68 Million, receivables CN¥524.81 Million) cover 445 days of daily cash needs of CN¥1.83 Million/day. Check Zhejiang Hongchang Electrical Technology (301008) tangible net worth to evaluate the tangible quality of the company's equity base.
Defensive Interval Ratio
Defensive Assets
Daily Cash Need
Current Liabilities
Zhejiang Hongchang Electrical Technology Co. Ltd. Defensive Interval Ratio (2017–2024)
This chart shows how Zhejiang Hongchang Electrical Technology Co. Ltd.'s Defensive Interval Ratio has evolved across 8 annual periods from 2017 to 2024. As of September 2025, the ratio stands at 445 days, meaning defensive assets of CN¥815.49 Million can fund 445 days of operations without new revenue. Also explore Zhejiang Hongchang Electrical Technology net asset momentum to track the company's year-over-year net asset growth rate.
Annual Defensive Interval Ratio for Zhejiang Hongchang Electrical Technology Co. Ltd. (2017–2024)
The table below presents the year-by-year Defensive Interval Ratio for Zhejiang Hongchang Electrical Technology Co. Ltd. from 2017 to 2024, covering 8 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 value of Zhejiang Hongchang Electrical Technology.
| Year | DIR (days) | Defensive Assets (CNY) | Daily Cash Need | Cash | ST Investments | Change (days) |
|---|---|---|---|---|---|---|
| 2024 | 531 days | CN¥822.29 Million | CN¥1.55 Million/day | CN¥- | CN¥239.58 Million | ▲ +96 days |
| 2023 | 434 days | CN¥636.32 Million | CN¥1.47 Million/day | CN¥- | CN¥81.00 Million | ▼ -91 days |
| 2022 | 525 days | CN¥661.68 Million | CN¥1.26 Million/day | CN¥- | CN¥80.56 Million | ▲ +30 days |
| 2021 | 495 days | CN¥559.88 Million | CN¥1.13 Million/day | CN¥- | CN¥110.16 Million | ▲ +46 days |
| 2020 | 449 days | CN¥376.25 Million | CN¥838.48K/day | CN¥- | CN¥- | ▲ +46 days |
| 2019 | 403 days | CN¥311.20 Million | CN¥772.66K/day | CN¥- | CN¥- | ▲ +33 days |
| 2018 | 369 days | CN¥220.45 Million | CN¥596.89K/day | CN¥- | CN¥- | ▲ +107 days |
| 2017 | 262 days | CN¥193.66 Million | CN¥738.35K/day | CN¥- | CN¥- | — |