Hang Xiao Steel Structure Co Ltd (600477) — Defensive Interval Ratio

Latest as of September 2025: 360 days

Hang Xiao Steel Structure Co Ltd (600477) has a Defensive Interval Ratio of 360 days as of September 2025. Defensive assets of CN¥8.41 Billion (cash CN¥-, short-term investments CN¥-, receivables CN¥8.41 Billion) cover 360 days of daily cash needs of CN¥23.36 Million/day. Check Hang Xiao Steel Structure Co Ltd (600477) tangible equity ratio to evaluate the tangible quality of the company's equity base.

Defensive Interval Ratio

360 days
Days of operational coverage

Defensive Assets

CN¥8.41 Billion
Cash + ST Investments + Receivables

Daily Cash Need

CN¥23.36 Million
Current Liabilities ÷ 365

Current Liabilities

CN¥8.53 Billion
CNY

Hang Xiao Steel Structure Co Ltd Defensive Interval Ratio (2000–2024)

This chart shows how Hang Xiao Steel Structure Co Ltd's Defensive Interval Ratio has evolved across 25 annual periods from 2000 to 2024. As of September 2025, the ratio stands at 360 days, meaning defensive assets of CN¥8.41 Billion can fund 360 days of operations without new revenue. Also explore how fast is Hang Xiao Steel Structure Co Ltd growing its equity to track the company's year-over-year net asset growth rate.

Annual Defensive Interval Ratio for Hang Xiao Steel Structure Co Ltd (2000–2024)

The table below presents the year-by-year Defensive Interval Ratio for Hang Xiao Steel Structure Co Ltd from 2000 to 2024, covering 25 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 Hang Xiao Steel Structure Co Ltd market capitalisation.

Year DIR (days) Defensive Assets (CNY) Daily Cash Need Cash ST Investments Change (days)
2024 357 days CN¥9.31 Billion CN¥26.11 Million/day CN¥- CN¥365.95K ▼ -8 days
2023 365 days CN¥9.25 Billion CN¥25.36 Million/day CN¥- CN¥- ▼ -1 days
2022 366 days CN¥7.82 Billion CN¥21.37 Million/day CN¥- CN¥- ▲ +25 days
2021 341 days CN¥6.23 Billion CN¥18.27 Million/day CN¥- CN¥- ▼ -11 days
2020 352 days CN¥4.43 Billion CN¥12.59 Million/day CN¥- CN¥- ▲ +80 days
2019 272 days CN¥3.77 Billion CN¥13.87 Million/day CN¥- CN¥- ▲ +168 days
2018 104 days CN¥1.28 Billion CN¥12.31 Million/day CN¥- CN¥- ▼ -10 days
2017 114 days CN¥1.22 Billion CN¥10.71 Million/day CN¥- CN¥- ▲ +2 days
2016 112 days CN¥1.19 Billion CN¥10.56 Million/day CN¥- CN¥- ▲ +22 days
2015 90 days CN¥1.06 Billion CN¥11.85 Million/day CN¥- CN¥- ▲ +29 days
2014 61 days CN¥814.24 Million CN¥13.32 Million/day CN¥- CN¥- ▲ +17 days
2013 44 days CN¥599.73 Million CN¥13.67 Million/day CN¥- CN¥- ▲ +8 days
2012 35 days CN¥438.05 Million CN¥12.36 Million/day CN¥- CN¥- ▼ -22 days
2011 57 days CN¥664.75 Million CN¥11.58 Million/day CN¥- CN¥18.11 Million ▼ -32 days
2010 90 days CN¥645.56 Million CN¥7.19 Million/day CN¥- CN¥- ▼ -19 days
2009 108 days CN¥689.72 Million CN¥6.36 Million/day CN¥- CN¥- ▼ -4 days
2008 112 days CN¥721.78 Million CN¥6.45 Million/day CN¥- CN¥- ▼ -2 days
2007 114 days CN¥694.13 Million CN¥6.06 Million/day CN¥- CN¥- ▼ -65 days
2006 179 days CN¥879.88 Million CN¥4.91 Million/day CN¥- CN¥- ▲ +16 days
2005 163 days CN¥630.27 Million CN¥3.86 Million/day CN¥- CN¥- ▼ -14 days
2004 177 days CN¥584.83 Million CN¥3.30 Million/day CN¥- CN¥- ▲ +13 days
2003 164 days CN¥324.38 Million CN¥1.98 Million/day CN¥- CN¥- ▲ +11 days
2002 153 days CN¥179.89 Million CN¥1.18 Million/day CN¥- CN¥- ▼ -32 days
2001 185 days CN¥94.86 Million CN¥512.53K/day CN¥- CN¥- ▲ +32 days
2000 153 days CN¥83.14 Million CN¥542.77K/day CN¥- CN¥- —
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)