Zhejiang Tengen Electrics Co Ltd (605066) — Defensive Interval Ratio
Zhejiang Tengen Electrics Co Ltd (605066) has a Defensive Interval Ratio of 266 days as of June 2025. Defensive assets of CN¥920.71 Million (cash CN¥-, short-term investments CN¥20.03 Million, receivables CN¥900.67 Million) cover 266 days of daily cash needs of CN¥3.46 Million/day. Check Zhejiang Tengen Electrics Co Ltd tangible equity quality to evaluate the tangible quality of the company's equity base.
Defensive Interval Ratio
Defensive Assets
Daily Cash Need
Current Liabilities
Zhejiang Tengen Electrics Co Ltd Defensive Interval Ratio (2019–2024)
This chart shows how Zhejiang Tengen Electrics Co Ltd's Defensive Interval Ratio has evolved across 6 annual periods from 2019 to 2024. As of June 2025, the ratio stands at 266 days, meaning defensive assets of CN¥920.71 Million can fund 266 days of operations without new revenue. Also explore 605066 net asset momentum to track the company's year-over-year net asset growth rate.
Annual Defensive Interval Ratio for Zhejiang Tengen Electrics Co Ltd (2019–2024)
The table below presents the year-by-year Defensive Interval Ratio for Zhejiang Tengen Electrics Co Ltd from 2019 to 2024, covering 6 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 605066 market cap.
| Year | DIR (days) | Defensive Assets (CNY) | Daily Cash Need | Cash | ST Investments | Change (days) |
|---|---|---|---|---|---|---|
| 2024 | 243 days | CN¥845.88 Million | CN¥3.48 Million/day | CN¥- | CN¥75.70 Million | ▲ +47 days |
| 2023 | 196 days | CN¥842.36 Million | CN¥4.30 Million/day | CN¥- | CN¥10.47 Million | ▼ -17 days |
| 2022 | 213 days | CN¥718.63 Million | CN¥3.38 Million/day | CN¥- | CN¥- | ▲ +16 days |
| 2021 | 197 days | CN¥810.30 Million | CN¥4.12 Million/day | CN¥- | CN¥- | ▼ -4 days |
| 2020 | 200 days | CN¥774.49 Million | CN¥3.87 Million/day | CN¥- | CN¥- | ▲ +10 days |
| 2019 | 191 days | CN¥637.51 Million | CN¥3.34 Million/day | CN¥- | CN¥- | — |