Hengtong Optic Electric Co Ltd (600487) — Defensive Interval Ratio

Latest as of March 2026: 207 days

Hengtong Optic Electric Co Ltd (600487) has a Defensive Interval Ratio of 207 days as of March 2026. Defensive assets of CN¥19.16 Billion (cash CN¥-, short-term investments CN¥439.87 Million, receivables CN¥18.72 Billion) cover 207 days of daily cash needs of CN¥92.58 Million/day.

Defensive Interval Ratio

207 days
Days of operational coverage

Defensive Assets

CN¥19.16 Billion
Cash + ST Investments + Receivables

Daily Cash Need

CN¥92.58 Million
Current Liabilities ÷ 365

Current Liabilities

CN¥33.79 Billion
CNY

Hengtong Optic Electric Co Ltd Defensive Interval Ratio (2001–2025)

This chart shows how Hengtong Optic Electric Co Ltd's Defensive Interval Ratio has evolved across 25 annual periods from 2001 to 2025. As of March 2026, the ratio stands at 207 days, meaning defensive assets of CN¥19.16 Billion can fund 207 days of operations without new revenue. For the complete balance sheet picture, see 600487 asset base.

Annual Defensive Interval Ratio for Hengtong Optic Electric Co Ltd (2001–2025)

The table below presents the year-by-year Defensive Interval Ratio for Hengtong Optic Electric Co Ltd from 2001 to 2025, 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. See 600487 working capital efficiency 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 191 days CN¥17.81 Billion CN¥93.15 Million/day CN¥- CN¥429.87 Million ▼ -77 days
2024 268 days CN¥22.32 Billion CN¥83.20 Million/day CN¥- CN¥410.43 Million ▲ +14 days
2023 254 days CN¥20.18 Billion CN¥79.33 Million/day CN¥- CN¥405.92 Million ▼ -55 days
2022 310 days CN¥20.43 Billion CN¥65.95 Million/day CN¥- CN¥472.90 Million ▲ +32 days
2021 278 days CN¥18.21 Billion CN¥65.45 Million/day CN¥- CN¥588.32 Million ▲ +13 days
2020 265 days CN¥15.46 Billion CN¥58.34 Million/day CN¥- CN¥1.65 Billion ▲ +51 days
2019 214 days CN¥11.87 Billion CN¥55.55 Million/day CN¥- CN¥343.65 Million ▲ +34 days
2018 179 days CN¥10.18 Billion CN¥56.73 Million/day CN¥- CN¥200.00 Million ▼ -34 days
2017 214 days CN¥8.37 Billion CN¥39.16 Million/day CN¥- CN¥760.00 Million ▲ +24 days
2016 190 days CN¥5.48 Billion CN¥28.91 Million/day CN¥- CN¥- ▲ +11 days
2015 179 days CN¥3.96 Billion CN¥22.14 Million/day CN¥- CN¥488.87K ▲ +18 days
2014 162 days CN¥3.27 Billion CN¥20.23 Million/day CN¥- CN¥- ▲ +11 days
2013 151 days CN¥2.60 Billion CN¥17.24 Million/day CN¥- CN¥- ▲ +2 days
2012 148 days CN¥2.28 Billion CN¥15.39 Million/day CN¥- CN¥- ▼ -18 days
2011 166 days CN¥2.17 Billion CN¥13.06 Million/day CN¥- CN¥- ▲ +18 days
2010 149 days CN¥644.01 Million CN¥4.33 Million/day CN¥- CN¥- ▲ +43 days
2009 106 days CN¥414.67 Million CN¥3.92 Million/day CN¥- CN¥- ▼ -48 days
2008 154 days CN¥355.37 Million CN¥2.31 Million/day CN¥- CN¥- ▼ -19 days
2007 173 days CN¥350.98 Million CN¥2.03 Million/day CN¥- CN¥- ▼ -81 days
2006 253 days CN¥409.16 Million CN¥1.62 Million/day CN¥- CN¥- ▲ +31 days
2005 223 days CN¥313.64 Million CN¥1.41 Million/day CN¥- CN¥300.00K ▼ -26 days
2004 248 days CN¥299.67 Million CN¥1.21 Million/day CN¥- CN¥93.22K ▼ -52 days
2003 300 days CN¥239.25 Million CN¥797.20K/day CN¥- CN¥- ▲ +48 days
2002 253 days CN¥219.76 Million CN¥870.24K/day CN¥- CN¥- ▲ +82 days
2001 170 days CN¥110.86 Million CN¥651.21K/day CN¥- CN¥- —
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)