Ways Electron Co Ltd (605218) — Defensive Interval Ratio

Latest as of March 2026: 255 days

Ways Electron Co Ltd (605218) has a Defensive Interval Ratio of 255 days as of March 2026. Defensive assets of CN¥572.12 Million (cash CN¥-, short-term investments CN¥-, receivables CN¥572.12 Million) cover 255 days of daily cash needs of CN¥2.25 Million/day. See Ways Electron Co Ltd working capital to net assets to evaluate short-term liquidity relative to the company's equity base.

Defensive Interval Ratio

255 days
Days of operational coverage

Defensive Assets

CN¥572.12 Million
Cash + ST Investments + Receivables

Daily Cash Need

CN¥2.25 Million
Current Liabilities ÷ 365

Current Liabilities

CN¥819.43 Million
CNY

Ways Electron Co Ltd Defensive Interval Ratio (2016–2025)

This chart shows how Ways Electron Co Ltd's Defensive Interval Ratio has evolved across 10 annual periods from 2016 to 2025. As of March 2026, the ratio stands at 255 days, meaning defensive assets of CN¥572.12 Million can fund 255 days of operations without new revenue. See how leveraged is Ways Electron Co Ltd's balance sheet to measure how much of total assets are equity-financed.

Annual Defensive Interval Ratio for Ways Electron Co Ltd (2016–2025)

The table below presents the year-by-year Defensive Interval Ratio for Ways Electron Co Ltd from 2016 to 2025, covering 10 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 Ways Electron Co Ltd (605218) total market value.

Year DIR (days) Defensive Assets (CNY) Daily Cash Need Cash ST Investments Change (days)
2025 248 days CN¥806.04 Million CN¥3.25 Million/day CN¥- CN¥- ▼ -31 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¥- —
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)