Hefei Changqing Machinery Co Ltd (603768) — Defensive Interval Ratio

Latest as of June 2026: 124 days

Hefei Changqing Machinery Co Ltd (603768) has a Defensive Interval Ratio of 124 days as of June 2026. Defensive assets of CN¥1.21 Billion (cash CN¥-, short-term investments CN¥50.00 Million, receivables CN¥1.16 Billion) cover 124 days of daily cash needs of CN¥9.73 Million/day.

Defensive Interval Ratio

124 days
Days of operational coverage

Defensive Assets

CN¥1.21 Billion
Cash + ST Investments + Receivables

Daily Cash Need

CN¥9.73 Million
Current Liabilities ÷ 365

Current Liabilities

CN¥3.55 Billion
CNY

Hefei Changqing Machinery Co Ltd Defensive Interval Ratio (2012–2025)

This chart shows how Hefei Changqing Machinery Co Ltd's Defensive Interval Ratio has evolved across 14 annual periods from 2012 to 2025. As of June 2026, the ratio stands at 124 days, meaning defensive assets of CN¥1.21 Billion can fund 124 days of operations without new revenue. For the complete balance sheet picture, see Hefei Changqing Machinery Co Ltd (603768) total assets.

Annual Defensive Interval Ratio for Hefei Changqing Machinery Co Ltd (2012–2025)

The table below presents the year-by-year Defensive Interval Ratio for Hefei Changqing Machinery Co Ltd from 2012 to 2025, covering 14 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 how liquid is Hefei Changqing Machinery Co Ltd's working capital 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 126 days CN¥1.04 Billion CN¥8.22 Million/day CN¥- CN¥50.00 Million ▼ -14 days
2024 140 days CN¥1.03 Billion CN¥7.34 Million/day CN¥- CN¥- ▼ -16 days
2023 156 days CN¥1.00 Billion CN¥6.41 Million/day CN¥- CN¥- ▼ -20 days
2022 176 days CN¥896.41 Million CN¥5.10 Million/day CN¥- CN¥- ▲ +18 days
2021 158 days CN¥745.83 Million CN¥4.73 Million/day CN¥- CN¥- ▲ +33 days
2020 124 days CN¥543.38 Million CN¥4.37 Million/day CN¥- CN¥- ▼ -56 days
2019 181 days CN¥822.52 Million CN¥4.56 Million/day CN¥- CN¥335.00 Million ▲ +70 days
2018 111 days CN¥318.67 Million CN¥2.88 Million/day CN¥- CN¥- ▼ -54 days
2017 165 days CN¥364.68 Million CN¥2.22 Million/day CN¥- CN¥- ▲ +63 days
2016 102 days CN¥212.57 Million CN¥2.09 Million/day CN¥- CN¥- ▼ -30 days
2015 132 days CN¥210.83 Million CN¥1.60 Million/day CN¥- CN¥- ▲ +27 days
2014 105 days CN¥172.29 Million CN¥1.65 Million/day CN¥- CN¥- ▼ -4 days
2013 108 days CN¥211.74 Million CN¥1.96 Million/day CN¥- CN¥- ▲ +18 days
2012 90 days CN¥136.65 Million CN¥1.52 Million/day CN¥- CN¥- —
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)