Hangzhou Zhengqiang Corporation Limited (301119) — Defensive Interval Ratio

Latest as of September 2025: 151 days

Hangzhou Zhengqiang Corporation Limited (301119) has a Defensive Interval Ratio of 151 days as of September 2025. Defensive assets of CN¥183.18 Million (cash CN¥-, short-term investments CN¥28.94 Million, receivables CN¥154.23 Million) cover 151 days of daily cash needs of CN¥1.21 Million/day. Check 301119 tangible net worth ratio to evaluate the tangible quality of the company's equity base.

Defensive Interval Ratio

151 days
Days of operational coverage

Defensive Assets

CN¥183.18 Million
Cash + ST Investments + Receivables

Daily Cash Need

CN¥1.21 Million
Current Liabilities ÷ 365

Current Liabilities

CN¥442.81 Million
CNY

Hangzhou Zhengqiang Corporation Limited Defensive Interval Ratio (2017–2024)

This chart shows how Hangzhou Zhengqiang Corporation Limited's Defensive Interval Ratio has evolved across 8 annual periods from 2017 to 2024. As of September 2025, the ratio stands at 151 days, meaning defensive assets of CN¥183.18 Million can fund 151 days of operations without new revenue. Also explore 301119 net asset momentum to track the company's year-over-year net asset growth rate.

Annual Defensive Interval Ratio for Hangzhou Zhengqiang Corporation Limited (2017–2024)

The table below presents the year-by-year Defensive Interval Ratio for Hangzhou Zhengqiang Corporation Limited 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 Hangzhou Zhengqiang Corporation Limited.

Year DIR (days) Defensive Assets (CNY) Daily Cash Need Cash ST Investments Change (days)
2024 248 days CN¥217.17 Million CN¥876.72K/day CN¥- CN¥76.58 Million ▼ -91 days
2023 338 days CN¥154.27 Million CN¥456.11K/day CN¥- CN¥25.53 Million ▲ +9 days
2022 329 days CN¥185.39 Million CN¥563.23K/day CN¥- CN¥57.00 Million ▼ -339 days
2021 669 days CN¥143.67 Million CN¥214.89K/day CN¥- CN¥20.00 Million ▲ +121 days
2020 548 days CN¥124.44 Million CN¥227.24K/day CN¥- CN¥- ▲ +75 days
2019 473 days CN¥107.05 Million CN¥226.41K/day CN¥- CN¥- ▼ -119 days
2018 591 days CN¥110.04 Million CN¥186.08K/day CN¥- CN¥- ▲ +227 days
2017 364 days CN¥66.69 Million CN¥183.23K/day CN¥- CN¥-
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)