Zhejiang Power New Energy Co. Ltd. A (688184) — Defensive Interval Ratio

Latest as of June 2025: 19 days

Zhejiang Power New Energy Co. Ltd. A (688184) has a Defensive Interval Ratio of 19 days as of June 2025. Defensive assets of CN¥34.20 Million (cash CN¥-, short-term investments CN¥-, receivables CN¥34.20 Million) cover 19 days of daily cash needs of CN¥1.84 Million/day. Check 688184 goodwill-adjusted equity ratio to evaluate the tangible quality of the company's equity base.

Defensive Interval Ratio

19 days
Days of operational coverage

Defensive Assets

CN¥34.20 Million
Cash + ST Investments + Receivables

Daily Cash Need

CN¥1.84 Million
Current Liabilities ÷ 365

Current Liabilities

CN¥671.92 Million
CNY

Zhejiang Power New Energy Co. Ltd. A Defensive Interval Ratio (2020–2024)

This chart shows how Zhejiang Power New Energy Co. Ltd. A's Defensive Interval Ratio has evolved across 5 annual periods from 2020 to 2024. As of June 2025, the ratio stands at 19 days, meaning defensive assets of CN¥34.20 Million can fund 19 days of operations without new revenue. Also explore Zhejiang Power New Energy Co. Ltd. A (688184) net asset momentum to track the company's year-over-year net asset growth rate.

Annual Defensive Interval Ratio for Zhejiang Power New Energy Co. Ltd. A (2020–2024)

The table below presents the year-by-year Defensive Interval Ratio for Zhejiang Power New Energy Co. Ltd. A from 2020 to 2024, covering 5 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 688184 stock market capitalisation.

Year DIR (days) Defensive Assets (CNY) Daily Cash Need Cash ST Investments Change (days)
2024 48 days CN¥105.26 Million CN¥2.21 Million/day CN¥- CN¥- ▲ +5 days
2023 43 days CN¥121.97 Million CN¥2.83 Million/day CN¥- CN¥- ▲ +13 days
2022 30 days CN¥77.20 Million CN¥2.54 Million/day CN¥- CN¥- ▼ -24 days
2021 54 days CN¥86.15 Million CN¥1.58 Million/day CN¥- CN¥- ▼ -82 days
2020 136 days CN¥110.03 Million CN¥809.36K/day CN¥- CN¥-
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)