Jiangsu Hengshang Energy Conservation Technology Co. Ltd. A (603137) — Defensive Interval Ratio

Latest as of June 2026: 122 days

Jiangsu Hengshang Energy Conservation Technology Co. Ltd. A (603137) has a Defensive Interval Ratio of 122 days as of June 2026. Defensive assets of CN¥574.43 Million (cash CN¥-, short-term investments CN¥40.05 Million, receivables CN¥534.38 Million) cover 122 days of daily cash needs of CN¥4.72 Million/day.

Defensive Interval Ratio

122 days
Days of operational coverage

Defensive Assets

CN¥574.43 Million
Cash + ST Investments + Receivables

Daily Cash Need

CN¥4.72 Million
Current Liabilities ÷ 365

Current Liabilities

CN¥1.72 Billion
CNY

Jiangsu Hengshang Energy Conservation Technology Co. Ltd. A Defensive Interval Ratio (2021–2025)

This chart shows how Jiangsu Hengshang Energy Conservation Technology Co. Ltd. A's Defensive Interval Ratio has evolved across 5 annual periods from 2021 to 2025. As of June 2026, the ratio stands at 122 days, meaning defensive assets of CN¥574.43 Million can fund 122 days of operations without new revenue. For the complete balance sheet picture, see how large is Jiangsu Hengshang Energy Conservation Te's balance sheet.

Annual Defensive Interval Ratio for Jiangsu Hengshang Energy Conservation Technology Co. Ltd. A (2021–2025)

The table below presents the year-by-year Defensive Interval Ratio for Jiangsu Hengshang Energy Conservation Technology Co. Ltd. A from 2021 to 2025, covering 5 annual filings. Each row shows defensive assets, daily cash need, the DIR in days, and the change in days compared to the prior year. See 603137 working capital ratio to evaluate short-term liquidity relative to the company's equity base.

Year DIR (days) Defensive Assets (CNY) Daily Cash Need Cash ST Investments Change (days)
2025 153 days CN¥819.89 Million CN¥5.37 Million/day CN¥- CN¥70.58 Million ▼ -1 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¥-
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)