Hongda (600331) — Defensive Interval Ratio

Latest as of March 2026: 3 days

Hongda (600331) has a Defensive Interval Ratio of 3 days as of March 2026. Defensive assets of CN¥4.80 Million (cash CN¥-, short-term investments CN¥-, receivables CN¥4.80 Million) cover 3 days of daily cash needs of CN¥1.42 Million/day. Check 600331 goodwill-adjusted equity ratio to evaluate the tangible quality of the company's equity base.

Defensive Interval Ratio

3 days
Days of operational coverage

Defensive Assets

CN¥4.80 Million
Cash + ST Investments + Receivables

Daily Cash Need

CN¥1.42 Million
Current Liabilities ÷ 365

Current Liabilities

CN¥519.01 Million
CNY

Hongda Defensive Interval Ratio (1999–2025)

This chart shows how Hongda's Defensive Interval Ratio has evolved across 27 annual periods from 1999 to 2025. As of March 2026, the ratio stands at 3 days, meaning defensive assets of CN¥4.80 Million can fund 3 days of operations without new revenue. Also explore 600331 year-over-year net asset growth to track the company's year-over-year net asset growth rate.

Annual Defensive Interval Ratio for Hongda (1999–2025)

The table below presents the year-by-year Defensive Interval Ratio for Hongda from 1999 to 2025, covering 27 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 600331 market cap.

Year DIR (days) Defensive Assets (CNY) Daily Cash Need Cash ST Investments Change (days)
2025 454 days CN¥563.53 Million CN¥1.24 Million/day CN¥- CN¥- ▲ +400 days
2024 54 days CN¥271.83 Million CN¥5.01 Million/day CN¥- CN¥- ▲ +5 days
2023 49 days CN¥242.18 Million CN¥4.93 Million/day CN¥- CN¥- ▲ +10 days
2022 39 days CN¥202.26 Million CN¥5.24 Million/day CN¥- CN¥- ▼ -22 days
2021 61 days CN¥309.77 Million CN¥5.11 Million/day CN¥- CN¥- ▲ +39 days
2020 22 days CN¥135.45 Million CN¥6.15 Million/day CN¥- CN¥- ▼ -1 days
2019 23 days CN¥146.59 Million CN¥6.40 Million/day CN¥- CN¥- ▲ +17 days
2018 6 days CN¥42.49 Million CN¥6.90 Million/day CN¥- CN¥- ▼ -6 days
2017 12 days CN¥112.52 Million CN¥9.51 Million/day CN¥- CN¥- ▲ +1 days
2016 11 days CN¥138.15 Million CN¥13.01 Million/day CN¥- CN¥- ▼ -67 days
2015 78 days CN¥985.89 Million CN¥12.68 Million/day CN¥- CN¥663.00 Million ▲ +48 days
2014 30 days CN¥390.53 Million CN¥12.96 Million/day CN¥- CN¥60.00 Million ▲ +14 days
2013 16 days CN¥255.53 Million CN¥16.11 Million/day CN¥- CN¥- ▼ 0 days
2012 16 days CN¥266.40 Million CN¥16.47 Million/day CN¥- CN¥- ▼ -54 days
2011 71 days CN¥1.27 Billion CN¥18.02 Million/day CN¥- CN¥- ▲ +43 days
2010 28 days CN¥473.30 Million CN¥16.91 Million/day CN¥- CN¥- ▼ -23 days
2009 51 days CN¥740.98 Million CN¥14.63 Million/day CN¥- CN¥17.84 Million ▼ -44 days
2008 95 days CN¥931.05 Million CN¥9.80 Million/day CN¥- CN¥- ▼ -18 days
2007 113 days CN¥824.24 Million CN¥7.32 Million/day CN¥- CN¥- ▲ +58 days
2006 55 days CN¥465.52 Million CN¥8.53 Million/day CN¥- CN¥- ▲ +24 days
2005 30 days CN¥228.72 Million CN¥7.53 Million/day CN¥- CN¥100.00K ▼ -4 days
2004 34 days CN¥160.64 Million CN¥4.69 Million/day CN¥- CN¥- ▼ -14 days
2003 48 days CN¥168.20 Million CN¥3.51 Million/day CN¥- CN¥48.69 Million ▲ +3 days
2002 45 days CN¥88.92 Million CN¥1.99 Million/day CN¥- CN¥50.00K ▼ -25 days
2001 70 days CN¥69.03 Million CN¥986.36K/day CN¥- CN¥- ▼ -46 days
2000 116 days CN¥62.15 Million CN¥537.59K/day CN¥- CN¥- ▲ +41 days
1999 75 days CN¥52.60 Million CN¥705.33K/day CN¥- CN¥-
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)