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. See how liquid is Tianjin You Fa Steel Pipe Group Stock Co's working capital to evaluate short-term liquidity relative to 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. See how leveraged is Tianjin You Fa Steel Pipe Group Stock Co's balance sheet to measure how much of total assets are equity-financed.
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 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¥- | — |