Shanghai Zhenhua Heavy Industries Co Ltd A (600320) — Defensive Interval Ratio

Latest as of June 2026: 55 days

Shanghai Zhenhua Heavy Industries Co Ltd A (600320) has a Defensive Interval Ratio of 55 days as of June 2026. Defensive assets of CN¥8.18 Billion (cash CN¥-, short-term investments CN¥350.80 Million, receivables CN¥7.83 Billion) cover 55 days of daily cash needs of CN¥147.41 Million/day.

Defensive Interval Ratio

55 days
Days of operational coverage

Defensive Assets

CN¥8.18 Billion
Cash + ST Investments + Receivables

Daily Cash Need

CN¥147.41 Million
Current Liabilities ÷ 365

Current Liabilities

CN¥53.81 Billion
CNY

Shanghai Zhenhua Heavy Industries Co Ltd A Defensive Interval Ratio (1994–2025)

This chart shows how Shanghai Zhenhua Heavy Industries Co Ltd A's Defensive Interval Ratio has evolved across 31 annual periods from 1994 to 2025. As of June 2026, the ratio stands at 55 days, meaning defensive assets of CN¥8.18 Billion can fund 55 days of operations without new revenue. For the complete balance sheet picture, see 600320 total asset value.

Annual Defensive Interval Ratio for Shanghai Zhenhua Heavy Industries Co Ltd A (1994–2025)

The table below presents the year-by-year Defensive Interval Ratio for Shanghai Zhenhua Heavy Industries Co Ltd A from 1994 to 2025, 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. See Shanghai Zhenhua Heavy Industries Co Ltd current assets vs equity 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 67 days CN¥8.89 Billion CN¥133.32 Million/day CN¥- CN¥403.45 Million ▼ -36 days
2024 103 days CN¥13.28 Billion CN¥128.74 Million/day CN¥- CN¥534.20 Million ▼ -9 days
2023 112 days CN¥14.79 Billion CN¥132.05 Million/day CN¥- CN¥720.59 Million ▼ -28 days
2022 140 days CN¥13.97 Billion CN¥99.59 Million/day CN¥- CN¥877.48 Million ▲ +30 days
2021 110 days CN¥9.82 Billion CN¥89.39 Million/day CN¥- CN¥1.15 Billion ▲ +13 days
2020 96 days CN¥11.25 Billion CN¥116.65 Million/day CN¥- CN¥1.60 Billion ▼ -26 days
2019 123 days CN¥14.91 Billion CN¥121.30 Million/day CN¥- CN¥1.74 Billion ▲ +67 days
2018 56 days CN¥5.27 Billion CN¥94.77 Million/day CN¥- CN¥52.92 Million ▼ -13 days
2017 69 days CN¥7.67 Billion CN¥111.95 Million/day CN¥- CN¥8.44 Million ▼ -82 days
2016 151 days CN¥15.64 Billion CN¥103.80 Million/day CN¥- CN¥4.62 Million ▲ +107 days
2015 44 days CN¥4.81 Billion CN¥109.74 Million/day CN¥- CN¥676.08K ▼ -7 days
2014 51 days CN¥4.79 Billion CN¥94.05 Million/day CN¥- CN¥25.73 Million ▲ +51 days
2013 0 days CN¥10.81 Million CN¥77.47 Million/day CN¥- CN¥121.17 Million ▼ -67 days
2012 67 days CN¥4.30 Billion CN¥63.69 Million/day CN¥- CN¥26.01 Million ▼ -54 days
2011 121 days CN¥5.74 Billion CN¥47.38 Million/day CN¥- CN¥61.68 Million ▲ +17 days
2010 104 days CN¥6.16 Billion CN¥59.27 Million/day CN¥- CN¥47.84 Million ▲ +18 days
2009 86 days CN¥6.74 Billion CN¥78.19 Million/day CN¥- CN¥16.28 Million ▼ -11 days
2008 97 days CN¥8.45 Billion CN¥87.29 Million/day CN¥- CN¥1.34 Billion ▼ -60 days
2007 157 days CN¥5.35 Billion CN¥34.20 Million/day CN¥- CN¥442.31 Million ▲ +157 days
2006 0 days CN¥1.05 Million CN¥31.19 Million/day CN¥- CN¥- ▼ -148 days
2005 148 days CN¥3.15 Billion CN¥21.26 Million/day CN¥- CN¥- ▲ +102 days
2004 46 days CN¥948.74 Million CN¥20.52 Million/day CN¥- CN¥- ▼ -148 days
2003 194 days CN¥2.28 Billion CN¥11.72 Million/day CN¥- CN¥- ▼ -100 days
2002 294 days CN¥2.09 Billion CN¥7.10 Million/day CN¥- CN¥- ▼ -88 days
2001 382 days CN¥1.76 Billion CN¥4.60 Million/day CN¥- CN¥- ▲ +66 days
2000 316 days CN¥1.38 Billion CN¥4.37 Million/day CN¥- CN¥- ▲ +127 days
1998 189 days CN¥544.95 Million CN¥2.88 Million/day CN¥- CN¥- ▼ -357 days
1997 546 days CN¥1.10 Billion CN¥2.02 Million/day CN¥- CN¥- ▲ +269 days
1996 277 days CN¥543.11 Million CN¥1.96 Million/day CN¥- CN¥3.03 Million ▼ -6 days
1995 283 days CN¥517.17 Million CN¥1.83 Million/day CN¥- CN¥- ▲ +96 days
1994 187 days CN¥299.47 Million CN¥1.60 Million/day CN¥- CN¥- —
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)