Tianjin You Fa Steel Pipe Group Stock Co Ltd Defensive Interval Ratio
Tianjin You Fa Steel Pipe Group Stock Co Ltd defensive interval ratio. Tianjin You Fa Steel Pipe Group Stock Co Ltd (601686) has a Defensive Interval Ratio of 51 days as of September 2025. Defensive assets of CN¥2.28 Billion (cash CN¥-, short-term investments CN¥171.99 Million, receivables CN¥2.11 Billion) cover 51 days of daily cash needs of CN¥44.92 Million/day. See 601686 working capital efficiency to evaluate short-term liquidity relative to the company's equity base.
Defensive Interval Ratio
Defensive Assets
Daily Cash Need
Current Liabilities
Defensive Interval Ratio of Tianjin You Fa Steel Pipe Group Stock Co Ltd (2016–2024)
Defensive interval ratio of Tianjin You Fa Steel Pipe Group Stock Co Ltd from 2016 to 2024. This chart shows how Tianjin You Fa Steel Pipe Group Stock Co Ltd's Defensive Interval Ratio has evolved across 9 annual periods from 2016 to 2024. As of September 2025, the ratio stands at 51 days, meaning defensive assets of CN¥2.28 Billion can fund 51 days of operations without new revenue. Read how much debt does Tianjin You Fa Steel Pipe Group Stock Co carry for a breakdown of total debt and financial obligations.
Tianjin You Fa Steel Pipe Group Stock Co Ltd Defensive Interval Ratio by Year (2016–2024)
Tianjin You Fa Steel Pipe Group Stock Co Ltd defensive interval ratio by year from 2016 to 2024. The table below presents the year-by-year Defensive Interval Ratio for Tianjin You Fa Steel Pipe Group Stock Co Ltd from 2016 to 2024, covering 9 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 the complete balance sheet picture, see Tianjin You Fa Steel Pipe Group Stock Co assets under control.
| Year | DIR (days) | Defensive Assets (CNY) | Daily Cash Need | Cash | ST Investments | Change (days) |
|---|---|---|---|---|---|---|
| 2024 | 47 days | CN¥1.98 Billion | CN¥42.38 Million/day | CN¥- | CN¥260.32 Million | ▼ -52 days |
| 2023 | 99 days | CN¥1.98 Billion | CN¥19.93 Million/day | CN¥- | CN¥114.26 Million | ▲ +33 days |
| 2022 | 66 days | CN¥1.17 Billion | CN¥17.72 Million/day | CN¥- | CN¥172.00 Million | ▲ +25 days |
| 2021 | 41 days | CN¥885.95 Million | CN¥21.54 Million/day | CN¥- | CN¥172.03 Million | ▼ -73 days |
| 2020 | 114 days | CN¥1.51 Billion | CN¥13.26 Million/day | CN¥- | CN¥1.06 Billion | ▲ +84 days |
| 2019 | 30 days | CN¥369.33 Million | CN¥12.28 Million/day | CN¥- | CN¥110.46 Million | ▼ -26 days |
| 2018 | 56 days | CN¥586.25 Million | CN¥10.44 Million/day | CN¥- | CN¥- | ▲ +14 days |
| 2017 | 42 days | CN¥442.59 Million | CN¥10.57 Million/day | CN¥- | CN¥- | ▼ -70 days |
| 2016 | 112 days | CN¥1.21 Billion | CN¥10.80 Million/day | CN¥- | CN¥- | — |