Jiangsu Hengshang Energy Conservation Technology Co. Ltd. A (603137) — Defensive Interval Ratio
Jiangsu Hengshang Energy Conservation Technology Co. Ltd. A (603137) has a Defensive Interval Ratio of 144 days as of June 2025. Defensive assets of CN¥805.49 Million (cash CN¥-, short-term investments CN¥100.12 Million, receivables CN¥705.37 Million) cover 144 days of daily cash needs of CN¥5.58 Million/day. Check 603137 tangible net assets ratio to evaluate the tangible quality of the company's equity base.
Defensive Interval Ratio
Defensive Assets
Daily Cash Need
Current Liabilities
Jiangsu Hengshang Energy Conservation Technology Co. Ltd. A Defensive Interval Ratio (2021–2024)
This chart shows how Jiangsu Hengshang Energy Conservation Technology Co. Ltd. A's Defensive Interval Ratio has evolved across 4 annual periods from 2021 to 2024. As of June 2025, the ratio stands at 144 days, meaning defensive assets of CN¥805.49 Million can fund 144 days of operations without new revenue. Also explore how fast is Jiangsu Hengshang Energy Conservation Te growing its equity to track the company's year-over-year net asset growth rate.
Annual Defensive Interval Ratio for Jiangsu Hengshang Energy Conservation Technology Co. Ltd. A (2021–2024)
The table below presents the year-by-year Defensive Interval Ratio for Jiangsu Hengshang Energy Conservation Technology Co. Ltd. A from 2021 to 2024, covering 4 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 603137 market cap overview.
| Year | DIR (days) | Defensive Assets (CNY) | Daily Cash Need | Cash | ST Investments | Change (days) |
|---|---|---|---|---|---|---|
| 2024 | 154 days | CN¥981.80 Million | CN¥6.38 Million/day | CN¥- | CN¥241.44 Million | ▲ +24 days |
| 2023 | 130 days | CN¥782.77 Million | CN¥6.02 Million/day | CN¥- | CN¥253.80 Million | ▲ +22 days |
| 2022 | 108 days | CN¥524.90 Million | CN¥4.87 Million/day | CN¥- | CN¥- | ▲ +37 days |
| 2021 | 71 days | CN¥335.73 Million | CN¥4.74 Million/day | CN¥- | CN¥- | — |