Zhejiang Grandwall Electric Science&Technology Co Ltd Class A (603897) — Defensive Interval Ratio

Latest as of June 2025: 265 days

Zhejiang Grandwall Electric Science&Technology Co Ltd Class A (603897) has a Defensive Interval Ratio of 265 days as of June 2025. Defensive assets of CN¥3.03 Billion (cash CN¥-, short-term investments CN¥299.27 Million, receivables CN¥2.73 Billion) cover 265 days of daily cash needs of CN¥11.46 Million/day. See how liquid is Zhejiang Grandwall Electric Science&Tech's working capital to evaluate short-term liquidity relative to the company's equity base.

Defensive Interval Ratio

265 days
Days of operational coverage

Defensive Assets

CN¥3.03 Billion
Cash + ST Investments + Receivables

Daily Cash Need

CN¥11.46 Million
Current Liabilities ÷ 365

Current Liabilities

CN¥4.18 Billion
CNY

Zhejiang Grandwall Electric Science&Technology Co Ltd Class A Defensive Interval Ratio (2014–2024)

This chart shows how Zhejiang Grandwall Electric Science&Technology Co Ltd Class A's Defensive Interval Ratio has evolved across 11 annual periods from 2014 to 2024. As of June 2025, the ratio stands at 265 days, meaning defensive assets of CN¥3.03 Billion can fund 265 days of operations without new revenue. See Zhejiang Grandwall Electric Science&Tech balance sheet independence to measure how much of total assets are equity-financed.

Annual Defensive Interval Ratio for Zhejiang Grandwall Electric Science&Technology Co Ltd Class A (2014–2024)

The table below presents the year-by-year Defensive Interval Ratio for Zhejiang Grandwall Electric Science&Technology Co Ltd Class A from 2014 to 2024, covering 11 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 Zhejiang Grandwall Electric Science&Tech market cap and net worth.

Year DIR (days) Defensive Assets (CNY) Daily Cash Need Cash ST Investments Change (days)
2024 324 days CN¥3.45 Billion CN¥10.65 Million/day CN¥- CN¥340.53 Million ▼ -6 days
2023 329 days CN¥2.87 Billion CN¥8.73 Million/day CN¥- CN¥303.59 Million ▲ +41 days
2022 288 days CN¥2.22 Billion CN¥7.70 Million/day CN¥- CN¥294.97 Million ▼ -108 days
2021 396 days CN¥1.80 Billion CN¥4.55 Million/day CN¥- CN¥249.50 Million ▼ -77 days
2020 473 days CN¥1.73 Billion CN¥3.67 Million/day CN¥- CN¥700.08 Million ▼ -531 days
2019 1003 days CN¥1.13 Billion CN¥1.13 Million/day CN¥- CN¥280.29 Million ▼ -818 days
2018 1822 days CN¥945.47 Million CN¥518.96K/day CN¥- CN¥130.46 Million ▲ +1438 days
2017 384 days CN¥547.04 Million CN¥1.42 Million/day CN¥- CN¥331.84K ▼ -74 days
2016 458 days CN¥485.02 Million CN¥1.06 Million/day CN¥- CN¥712.51K ▲ +13 days
2015 445 days CN¥324.13 Million CN¥728.75K/day CN¥- CN¥789.00K ▲ +168 days
2014 277 days CN¥460.69 Million CN¥1.66 Million/day CN¥- CN¥- —
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)