Huali Industries (603038) — Defensive Interval Ratio

Latest as of September 2025: 330 days

Huali Industries (603038) has a Defensive Interval Ratio of 330 days as of September 2025. Defensive assets of CN¥740.62 Million (cash CN¥-, short-term investments CN¥113.32 Million, receivables CN¥627.30 Million) cover 330 days of daily cash needs of CN¥2.24 Million/day. Check tangible equity quality of Huali Industries to evaluate the tangible quality of the company's equity base.

Defensive Interval Ratio

330 days
Days of operational coverage

Defensive Assets

CN¥740.62 Million
Cash + ST Investments + Receivables

Daily Cash Need

CN¥2.24 Million
Current Liabilities ÷ 365

Current Liabilities

CN¥819.16 Million
CNY

Huali Industries Defensive Interval Ratio (2011–2024)

This chart shows how Huali Industries's Defensive Interval Ratio has evolved across 14 annual periods from 2011 to 2024. As of September 2025, the ratio stands at 330 days, meaning defensive assets of CN¥740.62 Million can fund 330 days of operations without new revenue. Also explore net asset momentum of Huali Industries to track the company's year-over-year net asset growth rate.

Annual Defensive Interval Ratio for Huali Industries (2011–2024)

The table below presents the year-by-year Defensive Interval Ratio for Huali Industries from 2011 to 2024, covering 14 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 Huali Industries stock valuation.

Year DIR (days) Defensive Assets (CNY) Daily Cash Need Cash ST Investments Change (days)
2024 288 days CN¥701.45 Million CN¥2.44 Million/day CN¥- CN¥216.30 Million ▼ -220 days
2023 508 days CN¥335.57 Million CN¥661.22K/day CN¥- CN¥177.64 Million ▲ +136 days
2022 372 days CN¥318.83 Million CN¥857.15K/day CN¥- CN¥166.40 Million ▲ +50 days
2021 322 days CN¥388.14 Million CN¥1.21 Million/day CN¥- CN¥130.23 Million ▲ +98 days
2020 224 days CN¥277.29 Million CN¥1.24 Million/day CN¥- CN¥101.37 Million ▼ -167 days
2019 391 days CN¥306.51 Million CN¥784.82K/day CN¥- CN¥141.08 Million ▼ -77 days
2018 467 days CN¥257.88 Million CN¥551.70K/day CN¥- CN¥105.56 Million ▲ +195 days
2017 273 days CN¥126.35 Million CN¥463.18K/day CN¥- CN¥25.18 Million ▲ +75 days
2016 197 days CN¥106.87 Million CN¥541.65K/day CN¥- CN¥7.80 Million ▲ +12 days
2015 186 days CN¥78.81 Million CN¥424.24K/day CN¥- CN¥540.72K ▼ -25 days
2014 211 days CN¥83.16 Million CN¥393.81K/day CN¥- CN¥- ▼ -36 days
2013 248 days CN¥78.46 Million CN¥316.87K/day CN¥- CN¥- ▲ +113 days
2012 135 days CN¥50.91 Million CN¥377.57K/day CN¥- CN¥23.85K ▼ -29 days
2011 164 days CN¥52.67 Million CN¥321.26K/day CN¥- CN¥- —
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)