Riyue Heavy Industry Co Ltd (603218) — Defensive Interval Ratio

Latest as of September 2025: 416 days

Riyue Heavy Industry Co Ltd (603218) has a Defensive Interval Ratio of 416 days as of September 2025. Defensive assets of CN¥3.83 Billion (cash CN¥-, short-term investments CN¥-, receivables CN¥3.83 Billion) cover 416 days of daily cash needs of CN¥9.22 Million/day. Check tangible equity quality of Riyue Heavy Industry Co Ltd to evaluate the tangible quality of the company's equity base.

Defensive Interval Ratio

416 days
Days of operational coverage

Defensive Assets

CN¥3.83 Billion
Cash + ST Investments + Receivables

Daily Cash Need

CN¥9.22 Million
Current Liabilities ÷ 365

Current Liabilities

CN¥3.37 Billion
CNY

Riyue Heavy Industry Co Ltd Defensive Interval Ratio (2012–2024)

This chart shows how Riyue Heavy Industry Co Ltd's Defensive Interval Ratio has evolved across 13 annual periods from 2012 to 2024. As of September 2025, the ratio stands at 416 days, meaning defensive assets of CN¥3.83 Billion can fund 416 days of operations without new revenue. Also explore Riyue Heavy Industry Co Ltd equity growth rate to track the company's year-over-year net asset growth rate.

Annual Defensive Interval Ratio for Riyue Heavy Industry Co Ltd (2012–2024)

The table below presents the year-by-year Defensive Interval Ratio for Riyue Heavy Industry Co Ltd from 2012 to 2024, covering 13 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 603218 market cap.

Year DIR (days) Defensive Assets (CNY) Daily Cash Need Cash ST Investments Change (days)
2024 459 days CN¥3.67 Billion CN¥8.00 Million/day CN¥- CN¥577.83 Million ▼ -24 days
2023 483 days CN¥3.94 Billion CN¥8.16 Million/day CN¥- CN¥1.06 Billion ▼ -70 days
2022 553 days CN¥4.46 Billion CN¥8.05 Million/day CN¥- CN¥1.52 Billion ▼ -219 days
2021 772 days CN¥5.38 Billion CN¥6.96 Million/day CN¥- CN¥2.30 Billion ▲ +229 days
2020 543 days CN¥3.04 Billion CN¥5.60 Million/day CN¥- CN¥250.00 Million ▲ +131 days
2019 412 days CN¥2.17 Billion CN¥5.26 Million/day CN¥- CN¥- ▼ -170 days
2018 581 days CN¥1.62 Billion CN¥2.78 Million/day CN¥- CN¥- ▼ -72 days
2017 653 days CN¥1.60 Billion CN¥2.45 Million/day CN¥- CN¥60.00 Million ▲ +137 days
2016 516 days CN¥1.33 Billion CN¥2.57 Million/day CN¥- CN¥- ▲ +100 days
2015 416 days CN¥1.29 Billion CN¥3.09 Million/day CN¥- CN¥- ▲ +121 days
2014 295 days CN¥877.19 Million CN¥2.97 Million/day CN¥- CN¥- ▲ +10 days
2013 285 days CN¥540.39 Million CN¥1.89 Million/day CN¥- CN¥- ▲ +23 days
2012 262 days CN¥387.64 Million CN¥1.48 Million/day CN¥- CN¥- —
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)