Hexing Electrical Co Ltd (603556) — Defensive Interval Ratio

Latest as of March 2026: 251 days

Hexing Electrical Co Ltd (603556) has a Defensive Interval Ratio of 251 days as of March 2026. Defensive assets of CN¥1.67 Billion (cash CN¥-, short-term investments CN¥272.48 Million, receivables CN¥1.39 Billion) cover 251 days of daily cash needs of CN¥6.63 Million/day.

Defensive Interval Ratio

251 days
Days of operational coverage

Defensive Assets

CN¥1.67 Billion
Cash + ST Investments + Receivables

Daily Cash Need

CN¥6.63 Million
Current Liabilities ÷ 365

Current Liabilities

CN¥2.42 Billion
CNY

Hexing Electrical Co Ltd Defensive Interval Ratio (2011–2025)

This chart shows how Hexing Electrical Co Ltd's Defensive Interval Ratio has evolved across 15 annual periods from 2011 to 2025. As of March 2026, the ratio stands at 251 days, meaning defensive assets of CN¥1.67 Billion can fund 251 days of operations without new revenue. For the complete balance sheet picture, see how large is Hexing Electrical Co Ltd's balance sheet.

Annual Defensive Interval Ratio for Hexing Electrical Co Ltd (2011–2025)

The table below presents the year-by-year Defensive Interval Ratio for Hexing Electrical Co Ltd 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 603556 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 217 days CN¥1.48 Billion CN¥6.79 Million/day CN¥- CN¥131.38 Million ▼ -108 days
2024 325 days CN¥1.94 Billion CN¥5.96 Million/day CN¥- CN¥459.01 Million ▲ +78 days
2023 248 days CN¥1.45 Billion CN¥5.87 Million/day CN¥- CN¥253.29 Million ▼ -265 days
2022 512 days CN¥2.23 Billion CN¥4.35 Million/day CN¥- CN¥1.10 Billion ▼ -41 days
2021 553 days CN¥1.99 Billion CN¥3.60 Million/day CN¥- CN¥965.96 Million ▲ +78 days
2020 474 days CN¥2.07 Billion CN¥4.36 Million/day CN¥- CN¥983.58 Million ▼ -290 days
2019 764 days CN¥2.33 Billion CN¥3.05 Million/day CN¥- CN¥1.10 Billion ▲ +219 days
2018 545 days CN¥1.94 Billion CN¥3.56 Million/day CN¥- CN¥643.43 Million ▼ -210 days
2017 755 days CN¥3.13 Billion CN¥4.15 Million/day CN¥- CN¥1.85 Billion ▼ -208 days
2016 963 days CN¥2.20 Billion CN¥2.28 Million/day CN¥- CN¥1.49 Billion ▲ +638 days
2015 325 days CN¥571.04 Million CN¥1.76 Million/day CN¥- CN¥- ▲ +21 days
2014 304 days CN¥557.63 Million CN¥1.83 Million/day CN¥- CN¥- ▼ -76 days
2013 380 days CN¥404.65 Million CN¥1.06 Million/day CN¥- CN¥- ▲ +111 days
2012 269 days CN¥325.08 Million CN¥1.21 Million/day CN¥- CN¥- ▲ +78 days
2011 191 days CN¥229.54 Million CN¥1.20 Million/day CN¥- CN¥233.71K —
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)