Tianjin You Fa Steel Pipe Group Stock Co Ltd (601686) — 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. Check Tianjin You Fa Steel Pipe Group Stock Co tangible net worth ratio to evaluate the tangible quality of the company's equity base.
Defensive Interval Ratio
Defensive Assets
Daily Cash Need
Current Liabilities
Tianjin You Fa Steel Pipe Group Stock Co Ltd Defensive Interval Ratio (2016–2024)
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. Also explore Tianjin You Fa Steel Pipe Group Stock Co (601686) equity growth momentum to track the company's year-over-year net asset growth rate.
Annual Defensive Interval Ratio for Tianjin You Fa Steel Pipe Group Stock Co Ltd (2016–2024)
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 live market cap and the full company financial profile, see Tianjin You Fa Steel Pipe Group Stock Co (601686) market capitalisation.
| 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¥- | — |