Zhejiang Xinchai Co. Ltd. (301032) — Defensive Interval Ratio

Latest as of June 2026: 183 days

Zhejiang Xinchai Co. Ltd. (301032) has a Defensive Interval Ratio of 183 days as of June 2026. Defensive assets of CN¥868.94 Million (cash CN¥-, short-term investments CN¥290.13 Million, receivables CN¥578.81 Million) cover 183 days of daily cash needs of CN¥4.75 Million/day.

Defensive Interval Ratio

183 days
Days of operational coverage

Defensive Assets

CN¥868.94 Million
Cash + ST Investments + Receivables

Daily Cash Need

CN¥4.75 Million
Current Liabilities ÷ 365

Current Liabilities

CN¥1.73 Billion
CNY

Zhejiang Xinchai Co. Ltd. Defensive Interval Ratio (2019–2025)

This chart shows how Zhejiang Xinchai Co. Ltd.'s Defensive Interval Ratio has evolved across 7 annual periods from 2019 to 2025. As of June 2026, the ratio stands at 183 days, meaning defensive assets of CN¥868.94 Million can fund 183 days of operations without new revenue. For the complete balance sheet picture, see 301032 total asset value.

Annual Defensive Interval Ratio for Zhejiang Xinchai Co. Ltd. (2019–2025)

The table below presents the year-by-year Defensive Interval Ratio for Zhejiang Xinchai Co. Ltd. from 2019 to 2025, covering 7 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 301032 net working capital ratio 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 69 days CN¥294.50 Million CN¥4.24 Million/day CN¥- CN¥110.00 Million ▼ -15 days
2024 84 days CN¥321.11 Million CN¥3.82 Million/day CN¥- CN¥108.56 Million ▲ +22 days
2023 62 days CN¥255.44 Million CN¥4.11 Million/day CN¥- CN¥91.85 Million ▲ +2 days
2022 60 days CN¥195.81 Million CN¥3.27 Million/day CN¥- CN¥30.00 Million ▲ +0 days
2021 59 days CN¥220.02 Million CN¥3.70 Million/day CN¥- CN¥70.00 Million ▲ +32 days
2020 28 days CN¥134.71 Million CN¥4.84 Million/day CN¥- CN¥- ▼ -42 days
2019 70 days CN¥242.57 Million CN¥3.47 Million/day CN¥- CN¥30.00 Million —
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)