Hang Zhou Iron & Steel Co Ltd (600126) — Defensive Interval Ratio

Latest as of September 2025: 63 days

Hang Zhou Iron & Steel Co Ltd (600126) has a Defensive Interval Ratio of 63 days as of September 2025. Defensive assets of CN¥2.31 Billion (cash CN¥-, short-term investments CN¥802.42 Million, receivables CN¥1.51 Billion) cover 63 days of daily cash needs of CN¥36.96 Million/day. Check 600126 tangible net worth ratio to evaluate the tangible quality of the company's equity base.

Defensive Interval Ratio

63 days
Days of operational coverage

Defensive Assets

CN¥2.31 Billion
Cash + ST Investments + Receivables

Daily Cash Need

CN¥36.96 Million
Current Liabilities ÷ 365

Current Liabilities

CN¥13.49 Billion
CNY

Hang Zhou Iron & Steel Co Ltd Defensive Interval Ratio (1994–2024)

This chart shows how Hang Zhou Iron & Steel Co Ltd's Defensive Interval Ratio has evolved across 31 annual periods from 1994 to 2024. As of September 2025, the ratio stands at 63 days, meaning defensive assets of CN¥2.31 Billion can fund 63 days of operations without new revenue. Also explore 600126 shareholders equity momentum to track the company's year-over-year net asset growth rate.

Annual Defensive Interval Ratio for Hang Zhou Iron & Steel Co Ltd (1994–2024)

The table below presents the year-by-year Defensive Interval Ratio for Hang Zhou Iron & Steel Co Ltd from 1994 to 2024, covering 31 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 600126 company net worth.

Year DIR (days) Defensive Assets (CNY) Daily Cash Need Cash ST Investments Change (days)
2024 87 days CN¥3.12 Billion CN¥35.84 Million/day CN¥- CN¥1.01 Billion ▲ +7 days
2023 80 days CN¥2.34 Billion CN¥29.22 Million/day CN¥- CN¥- ▲ +18 days
2022 62 days CN¥1.38 Billion CN¥22.15 Million/day CN¥- CN¥- ▼ -5 days
2021 67 days CN¥1.53 Billion CN¥22.96 Million/day CN¥- CN¥- ▼ -33 days
2020 100 days CN¥1.99 Billion CN¥20.03 Million/day CN¥- CN¥- ▼ -51 days
2019 150 days CN¥2.66 Billion CN¥17.71 Million/day CN¥- CN¥280.00 Million ▼ -29 days
2018 180 days CN¥3.11 Billion CN¥17.35 Million/day CN¥- CN¥1.17 Billion ▲ +24 days
2017 155 days CN¥2.96 Billion CN¥19.05 Million/day CN¥- CN¥925.44 Million ▲ +106 days
2016 49 days CN¥1.30 Billion CN¥26.75 Million/day CN¥- CN¥- ▼ -422 days
2015 471 days CN¥1.71 Billion CN¥3.63 Million/day CN¥- CN¥468.00 Million ▲ +143 days
2014 327 days CN¥2.94 Billion CN¥8.99 Million/day CN¥- CN¥- ▲ +49 days
2013 279 days CN¥3.77 Billion CN¥13.54 Million/day CN¥- CN¥- ▼ -116 days
2012 394 days CN¥3.68 Billion CN¥9.34 Million/day CN¥- CN¥- ▲ +18 days
2011 376 days CN¥3.77 Billion CN¥10.02 Million/day CN¥- CN¥- ▲ +126 days
2010 250 days CN¥3.52 Billion CN¥14.07 Million/day CN¥- CN¥- ▲ +36 days
2009 214 days CN¥2.42 Billion CN¥11.32 Million/day CN¥- CN¥- ▲ +75 days
2008 139 days CN¥1.89 Billion CN¥13.58 Million/day CN¥- CN¥11.64 Million ▼ -48 days
2007 186 days CN¥2.48 Billion CN¥13.31 Million/day CN¥- CN¥32.57 Million ▼ -12 days
2006 198 days CN¥2.52 Billion CN¥12.72 Million/day CN¥- CN¥9.14 Million ▲ +48 days
2005 151 days CN¥1.47 Billion CN¥9.77 Million/day CN¥- CN¥5.36 Million ▼ -3 days
2004 154 days CN¥798.41 Million CN¥5.18 Million/day CN¥- CN¥877.80K ▼ -121 days
2003 276 days CN¥1.17 Billion CN¥4.23 Million/day CN¥- CN¥938.96K ▲ +101 days
2002 175 days CN¥656.03 Million CN¥3.75 Million/day CN¥- CN¥3.39 Million ▼ -165 days
2001 340 days CN¥795.63 Million CN¥2.34 Million/day CN¥- CN¥3.29 Million ▲ +114 days
2000 225 days CN¥587.95 Million CN¥2.61 Million/day CN¥- CN¥3.51 Million ▲ +112 days
1999 114 days CN¥354.03 Million CN¥3.11 Million/day CN¥- CN¥9.00 Million ▼ -44 days
1998 158 days CN¥523.52 Million CN¥3.32 Million/day CN¥- CN¥57.00 Million ▲ +0 days
1997 157 days CN¥374.18 Million CN¥2.38 Million/day CN¥- CN¥- ▲ +47 days
1996 110 days CN¥162.81 Million CN¥1.48 Million/day CN¥- CN¥- ▲ +61 days
1995 49 days CN¥67.51 Million CN¥1.37 Million/day CN¥- CN¥- ▼ -83 days
1994 133 days CN¥197.09 Million CN¥1.48 Million/day CN¥- CN¥- —
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)