Zhejiang Changhua Auto Parts Co Ltd Defensive Interval Ratio
Zhejiang Changhua Auto Parts Co Ltd defensive interval ratio. Zhejiang Changhua Auto Parts Co Ltd (605018) has a Defensive Interval Ratio of 275 days as of September 2025. Defensive assets of CN¥448.98 Million (cash CN¥-, short-term investments CN¥-, receivables CN¥448.98 Million) cover 275 days of daily cash needs of CN¥1.63 Million/day. See Zhejiang Changhua Auto Parts Co Ltd working capital to net assets to evaluate short-term liquidity relative to the company's equity base.
Defensive Interval Ratio
Defensive Assets
Daily Cash Need
Current Liabilities
Defensive Interval Ratio of Zhejiang Changhua Auto Parts Co Ltd (2016–2024)
Defensive interval ratio of Zhejiang Changhua Auto Parts Co Ltd from 2016 to 2024. This chart shows how Zhejiang Changhua Auto Parts Co Ltd's Defensive Interval Ratio has evolved across 9 annual periods from 2016 to 2024. As of September 2025, the ratio stands at 275 days, meaning defensive assets of CN¥448.98 Million can fund 275 days of operations without new revenue. Read 605018 current and long-term liabilities for a breakdown of total debt and financial obligations.
Zhejiang Changhua Auto Parts Co Ltd Defensive Interval Ratio by Year (2016–2024)
Zhejiang Changhua Auto Parts Co Ltd defensive interval ratio by year from 2016 to 2024. The table below presents the year-by-year Defensive Interval Ratio for Zhejiang Changhua Auto Parts Co Ltd from 2016 to 2024, covering 9 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 the complete balance sheet picture, see total assets of Zhejiang Changhua Auto Parts Co Ltd.
| Year | DIR (days) | Defensive Assets (CNY) | Daily Cash Need | Cash | ST Investments | Change (days) |
|---|---|---|---|---|---|---|
| 2024 | 395 days | CN¥543.11 Million | CN¥1.38 Million/day | CN¥- | CN¥117.76 Million | ▲ +112 days |
| 2023 | 283 days | CN¥654.51 Million | CN¥2.31 Million/day | CN¥- | CN¥60.09 Million | ▲ +72 days |
| 2022 | 211 days | CN¥418.63 Million | CN¥1.98 Million/day | CN¥- | CN¥- | ▼ -11 days |
| 2021 | 222 days | CN¥315.97 Million | CN¥1.42 Million/day | CN¥- | CN¥- | ▼ -124 days |
| 2020 | 346 days | CN¥422.07 Million | CN¥1.22 Million/day | CN¥- | CN¥70.17 Million | ▲ +69 days |
| 2019 | 277 days | CN¥324.28 Million | CN¥1.17 Million/day | CN¥- | CN¥- | ▲ +36 days |
| 2018 | 241 days | CN¥315.47 Million | CN¥1.31 Million/day | CN¥- | CN¥- | ▲ +55 days |
| 2017 | 186 days | CN¥331.11 Million | CN¥1.78 Million/day | CN¥- | CN¥- | ▲ +23 days |
| 2016 | 163 days | CN¥243.34 Million | CN¥1.49 Million/day | CN¥- | CN¥- | — |