HIT Welding Industry Co. Ltd. Defensive Interval Ratio
HIT Welding Industry Co. Ltd. defensive interval ratio. HIT Welding Industry Co. Ltd. (301137) has a Defensive Interval Ratio of 358 days as of September 2025. Defensive assets of CN¥801.22 Million (cash CN¥-, short-term investments CN¥116.00 Million, receivables CN¥685.22 Million) cover 358 days of daily cash needs of CN¥2.24 Million/day. See 301137 current assets to equity ratio to evaluate short-term liquidity relative to the company's equity base.
Defensive Interval Ratio
Defensive Assets
Daily Cash Need
Current Liabilities
Defensive Interval Ratio of HIT Welding Industry Co. Ltd. (2017–2024)
Defensive interval ratio of HIT Welding Industry Co. Ltd. from 2017 to 2024. This chart shows how HIT Welding Industry Co. Ltd.'s Defensive Interval Ratio has evolved across 8 annual periods from 2017 to 2024. As of September 2025, the ratio stands at 358 days, meaning defensive assets of CN¥801.22 Million can fund 358 days of operations without new revenue. Read HIT Welding Industry Co. Ltd. (301137) total liabilities for a breakdown of total debt and financial obligations.
HIT Welding Industry Co. Ltd. Defensive Interval Ratio by Year (2017–2024)
HIT Welding Industry Co. Ltd. defensive interval ratio by year from 2017 to 2024. The table below presents the year-by-year Defensive Interval Ratio for HIT Welding Industry 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 the complete balance sheet picture, see HIT Welding Industry Co. Ltd. assets under control.
| Year | DIR (days) | Defensive Assets (CNY) | Daily Cash Need | Cash | ST Investments | Change (days) |
|---|---|---|---|---|---|---|
| 2024 | 300 days | CN¥679.19 Million | CN¥2.26 Million/day | CN¥- | CN¥- | ▲ +17 days |
| 2023 | 283 days | CN¥545.61 Million | CN¥1.93 Million/day | CN¥- | CN¥- | ▲ +9 days |
| 2022 | 274 days | CN¥535.36 Million | CN¥1.95 Million/day | CN¥- | CN¥- | ▲ +57 days |
| 2021 | 217 days | CN¥480.92 Million | CN¥2.22 Million/day | CN¥- | CN¥- | ▲ +20 days |
| 2020 | 197 days | CN¥429.82 Million | CN¥2.18 Million/day | CN¥- | CN¥- | ▼ -43 days |
| 2019 | 240 days | CN¥318.77 Million | CN¥1.33 Million/day | CN¥- | CN¥3.30 Million | ▼ -51 days |
| 2018 | 291 days | CN¥342.36 Million | CN¥1.18 Million/day | CN¥- | CN¥- | ▲ +11 days |
| 2017 | 280 days | CN¥307.25 Million | CN¥1.10 Million/day | CN¥- | CN¥- | — |