Hangzhou Zhengqiang Corporation Limited (301119) — Defensive Interval Ratio

Latest as of March 2026: 177 days

Hangzhou Zhengqiang Corporation Limited (301119) has a Defensive Interval Ratio of 177 days as of March 2026. Defensive assets of CN¥160.28 Million (cash CN¥-, short-term investments CN¥30.08 Million, receivables CN¥130.20 Million) cover 177 days of daily cash needs of CN¥904.87K/day. See working capital position of Hangzhou Zhengqiang Corporation Limited to evaluate short-term liquidity relative to the company's equity base.

Defensive Interval Ratio

177 days
Days of operational coverage

Defensive Assets

CN¥160.28 Million
Cash + ST Investments + Receivables

Daily Cash Need

CN¥904.87K
Current Liabilities ÷ 365

Current Liabilities

CN¥330.28 Million
CNY

Hangzhou Zhengqiang Corporation Limited Defensive Interval Ratio (2017–2025)

This chart shows how Hangzhou Zhengqiang Corporation Limited's Defensive Interval Ratio has evolved across 9 annual periods from 2017 to 2025. As of March 2026, the ratio stands at 177 days, meaning defensive assets of CN¥160.28 Million can fund 177 days of operations without new revenue. See 301119 net asset quality score to measure how much of total assets are equity-financed.

Annual Defensive Interval Ratio for Hangzhou Zhengqiang Corporation Limited (2017–2025)

The table below presents the year-by-year Defensive Interval Ratio for Hangzhou Zhengqiang Corporation Limited from 2017 to 2025, covering 9 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 Hangzhou Zhengqiang Corporation Limited (301119) total market value.

Year DIR (days) Defensive Assets (CNY) Daily Cash Need Cash ST Investments Change (days)
2025 184 days CN¥163.27 Million CN¥889.32K/day CN¥- CN¥30.08 Million ▼ -64 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)