Jiangsu Huachen Transformer (603097) — Defensive Interval Ratio

Latest as of June 2025: 259 days

Jiangsu Huachen Transformer (603097) has a Defensive Interval Ratio of 259 days as of June 2025. Defensive assets of CN¥1.07 Billion (cash CN¥-, short-term investments CN¥-, receivables CN¥1.07 Billion) cover 259 days of daily cash needs of CN¥4.12 Million/day. Check Jiangsu Huachen Transformer tangible net worth ratio to evaluate the tangible quality of the company's equity base.

Defensive Interval Ratio

259 days
Days of operational coverage

Defensive Assets

CN¥1.07 Billion
Cash + ST Investments + Receivables

Daily Cash Need

CN¥4.12 Million
Current Liabilities ÷ 365

Current Liabilities

CN¥1.50 Billion
CNY

Jiangsu Huachen Transformer Defensive Interval Ratio (2019–2024)

This chart shows how Jiangsu Huachen Transformer's Defensive Interval Ratio has evolved across 6 annual periods from 2019 to 2024. As of June 2025, the ratio stands at 259 days, meaning defensive assets of CN¥1.07 Billion can fund 259 days of operations without new revenue. Also explore how fast is Jiangsu Huachen Transformer growing its equity to track the company's year-over-year net asset growth rate.

Annual Defensive Interval Ratio for Jiangsu Huachen Transformer (2019–2024)

The table below presents the year-by-year Defensive Interval Ratio for Jiangsu Huachen Transformer from 2019 to 2024, covering 6 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 603097 company net worth.

Year DIR (days) Defensive Assets (CNY) Daily Cash Need Cash ST Investments Change (days)
2024 293 days CN¥928.40 Million CN¥3.16 Million/day CN¥- CN¥35.96 Million ▼ -109 days
2023 403 days CN¥871.19 Million CN¥2.16 Million/day CN¥- CN¥64.24 Million ▲ +34 days
2022 368 days CN¥511.52 Million CN¥1.39 Million/day CN¥- CN¥- ▼ -51 days
2021 419 days CN¥368.67 Million CN¥879.93K/day CN¥- CN¥- ▼ -43 days
2020 462 days CN¥300.50 Million CN¥651.12K/day CN¥- CN¥- ▼ -131 days
2019 592 days CN¥323.11 Million CN¥545.52K/day CN¥- CN¥36.92 Million
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)