Zhejiang Huazheng New Material (603186) — Defensive Interval Ratio

Latest as of March 2026: 185 days

Zhejiang Huazheng New Material (603186) has a Defensive Interval Ratio of 185 days as of March 2026. Defensive assets of CN¥1.88 Billion (cash CN¥-, short-term investments CN¥-, receivables CN¥1.88 Billion) cover 185 days of daily cash needs of CN¥10.15 Million/day.

Defensive Interval Ratio

185 days
Days of operational coverage

Defensive Assets

CN¥1.88 Billion
Cash + ST Investments + Receivables

Daily Cash Need

CN¥10.15 Million
Current Liabilities ÷ 365

Current Liabilities

CN¥3.70 Billion
CNY

Zhejiang Huazheng New Material Defensive Interval Ratio (2011–2025)

This chart shows how Zhejiang Huazheng New Material's Defensive Interval Ratio has evolved across 15 annual periods from 2011 to 2025. As of March 2026, the ratio stands at 185 days, meaning defensive assets of CN¥1.88 Billion can fund 185 days of operations without new revenue. For the complete balance sheet picture, see Zhejiang Huazheng New Material total assets.

Annual Defensive Interval Ratio for Zhejiang Huazheng New Material (2011–2025)

The table below presents the year-by-year Defensive Interval Ratio for Zhejiang Huazheng New Material from 2011 to 2025, covering 15 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 603186 working capital efficiency 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 249 days CN¥2.32 Billion CN¥9.33 Million/day CN¥- CN¥- ▲ +31 days
2024 217 days CN¥1.93 Billion CN¥8.91 Million/day CN¥- CN¥- ▼ -6 days
2023 223 days CN¥1.73 Billion CN¥7.78 Million/day CN¥- CN¥718.10K ▼ -5 days
2022 228 days CN¥1.72 Billion CN¥7.56 Million/day CN¥- CN¥2.61 Million ▲ +6 days
2021 222 days CN¥1.73 Billion CN¥7.78 Million/day CN¥- CN¥619.85K ▼ -62 days
2020 284 days CN¥1.38 Billion CN¥4.86 Million/day CN¥- CN¥191.90 Million ▲ +56 days
2019 228 days CN¥921.15 Million CN¥4.04 Million/day CN¥- CN¥472.32K ▲ +15 days
2018 213 days CN¥786.74 Million CN¥3.70 Million/day CN¥- CN¥- ▼ -5 days
2017 218 days CN¥609.07 Million CN¥2.80 Million/day CN¥- CN¥373.30K ▼ -37 days
2016 255 days CN¥532.25 Million CN¥2.09 Million/day CN¥- CN¥- ▼ -29 days
2015 284 days CN¥367.18 Million CN¥1.29 Million/day CN¥- CN¥- ▲ +53 days
2014 231 days CN¥293.63 Million CN¥1.27 Million/day CN¥- CN¥- ▼ -24 days
2013 254 days CN¥317.64 Million CN¥1.25 Million/day CN¥- CN¥- ▲ +25 days
2012 230 days CN¥298.79 Million CN¥1.30 Million/day CN¥- CN¥- ▼ -32 days
2011 262 days CN¥282.96 Million CN¥1.08 Million/day CN¥- CN¥- —
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)