Hongfa Technology Co Ltd (600885) — Defensive Interval Ratio

Latest as of March 2026: 325 days

Hongfa Technology Co Ltd (600885) has a Defensive Interval Ratio of 325 days as of March 2026. Defensive assets of CN¥5.16 Billion (cash CN¥-, short-term investments CN¥426.37K, receivables CN¥5.15 Billion) cover 325 days of daily cash needs of CN¥15.87 Million/day. Check tangible equity quality of Hongfa Technology Co Ltd to evaluate the tangible quality of the company's equity base.

Defensive Interval Ratio

325 days
Days of operational coverage

Defensive Assets

CN¥5.16 Billion
Cash + ST Investments + Receivables

Daily Cash Need

CN¥15.87 Million
Current Liabilities ÷ 365

Current Liabilities

CN¥5.79 Billion
CNY

Hongfa Technology Co Ltd Defensive Interval Ratio (1995–2025)

This chart shows how Hongfa Technology Co Ltd's Defensive Interval Ratio has evolved across 31 annual periods from 1995 to 2025. As of March 2026, the ratio stands at 325 days, meaning defensive assets of CN¥5.16 Billion can fund 325 days of operations without new revenue. Also explore Hongfa Technology Co Ltd net asset momentum to track the company's year-over-year net asset growth rate.

Annual Defensive Interval Ratio for Hongfa Technology Co Ltd (1995–2025)

The table below presents the year-by-year Defensive Interval Ratio for Hongfa Technology Co Ltd from 1995 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. For live market cap and the full company financial profile, see Hongfa Technology Co Ltd stock valuation.

Year DIR (days) Defensive Assets (CNY) Daily Cash Need Cash ST Investments Change (days)
2025 261 days CN¥4.44 Billion CN¥17.00 Million/day CN¥- CN¥300.54 Million ▼ -131 days
2024 392 days CN¥5.09 Billion CN¥12.96 Million/day CN¥- CN¥112.12 Million ▼ -148 days
2023 541 days CN¥5.88 Billion CN¥10.87 Million/day CN¥- CN¥946.76 Million ▼ -40 days
2022 580 days CN¥4.79 Billion CN¥8.25 Million/day CN¥- CN¥509.72 Million ▲ +84 days
2021 497 days CN¥3.72 Billion CN¥7.48 Million/day CN¥- CN¥- ▼ -34 days
2020 531 days CN¥3.50 Billion CN¥6.60 Million/day CN¥- CN¥54.55 Million ▲ +223 days
2019 308 days CN¥2.77 Billion CN¥8.98 Million/day CN¥- CN¥- ▼ -12 days
2018 321 days CN¥2.38 Billion CN¥7.42 Million/day CN¥- CN¥34.58 Million ▼ -23 days
2017 344 days CN¥2.10 Billion CN¥6.10 Million/day CN¥- CN¥4.25 Million ▼ -24 days
2016 368 days CN¥1.89 Billion CN¥5.14 Million/day CN¥- CN¥17.81 Million ▲ +5 days
2015 364 days CN¥1.41 Billion CN¥3.89 Million/day CN¥- CN¥225.28K ▼ -78 days
2014 442 days CN¥1.45 Billion CN¥3.29 Million/day CN¥- CN¥6.02 Million ▲ +50 days
2013 392 days CN¥1.21 Billion CN¥3.09 Million/day CN¥- CN¥9.56 Million ▲ +72 days
2012 320 days CN¥1.06 Billion CN¥3.30 Million/day CN¥- CN¥2.13 Million ▲ +265 days
2011 55 days CN¥101.99 Million CN¥1.86 Million/day CN¥- CN¥- ▼ -34 days
2010 89 days CN¥135.88 Million CN¥1.53 Million/day CN¥- CN¥- ▲ +43 days
2009 45 days CN¥69.58 Million CN¥1.53 Million/day CN¥- CN¥- ▲ +29 days
2008 17 days CN¥31.15 Million CN¥1.85 Million/day CN¥- CN¥- ▼ -56 days
2007 73 days CN¥118.48 Million CN¥1.62 Million/day CN¥- CN¥- ▲ +64 days
2006 9 days CN¥13.46 Million CN¥1.56 Million/day CN¥- CN¥- ▼ -53 days
2005 62 days CN¥81.74 Million CN¥1.32 Million/day CN¥- CN¥2.00 Million ▲ +32 days
2004 31 days CN¥42.90 Million CN¥1.40 Million/day CN¥- CN¥- ▼ -26 days
2003 56 days CN¥64.26 Million CN¥1.14 Million/day CN¥- CN¥- ▼ -246 days
2002 302 days CN¥172.13 Million CN¥569.22K/day CN¥- CN¥- ▲ +161 days
2001 142 days CN¥159.28 Million CN¥1.12 Million/day CN¥- CN¥- ▲ +137 days
2000 5 days CN¥4.18 Million CN¥806.29K/day CN¥- CN¥- ▲ +5 days
1999 0 days CN¥191.92K CN¥732.98K/day CN¥- CN¥- ▼ -1 days
1998 1 days CN¥999.25K CN¥690.36K/day CN¥- CN¥- ▼ -10 days
1997 12 days CN¥4.77 Million CN¥399.87K/day CN¥- CN¥571.46K ▼ -2 days
1996 14 days CN¥5.80 Million CN¥405.57K/day CN¥- CN¥518.82K ▼ -2 days
1995 16 days CN¥7.32 Million CN¥447.25K/day CN¥- CN¥- —
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)