Ways Electron Co Ltd (605218) — Defensive Interval Ratio
Ways Electron Co Ltd (605218) has a Defensive Interval Ratio of 295 days as of September 2025. Defensive assets of CN¥797.92 Million (cash CN¥-, short-term investments CN¥-, receivables CN¥797.92 Million) cover 295 days of daily cash needs of CN¥2.71 Million/day. Check Ways Electron Co Ltd (605218) tangible equity ratio to evaluate the tangible quality of the company's equity base.
Defensive Interval Ratio
Defensive Assets
Daily Cash Need
Current Liabilities
Ways Electron Co Ltd Defensive Interval Ratio (2016–2024)
This chart shows how Ways Electron Co Ltd's Defensive Interval Ratio has evolved across 9 annual periods from 2016 to 2024. As of September 2025, the ratio stands at 295 days, meaning defensive assets of CN¥797.92 Million can fund 295 days of operations without new revenue. Also explore Ways Electron Co Ltd (605218) net asset momentum to track the company's year-over-year net asset growth rate.
Annual Defensive Interval Ratio for Ways Electron Co Ltd (2016–2024)
The table below presents the year-by-year Defensive Interval Ratio for Ways Electron 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 live market cap and the full company financial profile, see 605218 market cap overview.
| Year | DIR (days) | Defensive Assets (CNY) | Daily Cash Need | Cash | ST Investments | Change (days) |
|---|---|---|---|---|---|---|
| 2024 | 279 days | CN¥650.79 Million | CN¥2.33 Million/day | CN¥- | CN¥- | ▼ -43 days |
| 2023 | 322 days | CN¥419.05 Million | CN¥1.30 Million/day | CN¥- | CN¥- | ▼ -223 days |
| 2022 | 544 days | CN¥460.46 Million | CN¥845.79K/day | CN¥- | CN¥190.00 Million | ▲ +108 days |
| 2021 | 437 days | CN¥378.84 Million | CN¥867.31K/day | CN¥- | CN¥55.00 Million | ▼ -403 days |
| 2020 | 840 days | CN¥740.22 Million | CN¥881.12K/day | CN¥- | CN¥434.00 Million | ▲ +591 days |
| 2019 | 249 days | CN¥174.89 Million | CN¥702.85K/day | CN¥- | CN¥- | ▼ -61 days |
| 2018 | 309 days | CN¥276.71 Million | CN¥894.44K/day | CN¥- | CN¥- | ▲ +111 days |
| 2017 | 198 days | CN¥265.40 Million | CN¥1.34 Million/day | CN¥- | CN¥- | ▼ -74 days |
| 2016 | 272 days | CN¥294.51 Million | CN¥1.08 Million/day | CN¥- | CN¥- | — |