Hinova Pharmaceuticals Inc. A (688302) — Defensive Interval Ratio

Latest as of June 2025: 610 days

Hinova Pharmaceuticals Inc. A (688302) has a Defensive Interval Ratio of 610 days as of June 2025. Defensive assets of CN¥224.64 Million (cash CN¥-, short-term investments CN¥220.52 Million, receivables CN¥4.13 Million) cover 610 days of daily cash needs of CN¥367.99K/day. Check how tangible is Hinova Pharmaceuticals Inc. A's equity to evaluate the tangible quality of the company's equity base.

Defensive Interval Ratio

610 days
Days of operational coverage

Defensive Assets

CN¥224.64 Million
Cash + ST Investments + Receivables

Daily Cash Need

CN¥367.99K
Current Liabilities ÷ 365

Current Liabilities

CN¥134.32 Million
CNY

Hinova Pharmaceuticals Inc. A Defensive Interval Ratio (2019–2024)

This chart shows how Hinova Pharmaceuticals Inc. A's Defensive Interval Ratio has evolved across 4 annual periods from 2019 to 2024. As of June 2025, the ratio stands at 610 days, meaning defensive assets of CN¥224.64 Million can fund 610 days of operations without new revenue. Also explore 688302 net asset momentum to track the company's year-over-year net asset growth rate.

Annual Defensive Interval Ratio for Hinova Pharmaceuticals Inc. A (2019–2024)

The table below presents the year-by-year Defensive Interval Ratio for Hinova Pharmaceuticals Inc. A from 2019 to 2024, covering 4 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 Hinova Pharmaceuticals Inc. A market capitalisation.

Year DIR (days) Defensive Assets (CNY) Daily Cash Need Cash ST Investments Change (days)
2024 523 days CN¥210.49 Million CN¥402.61K/day CN¥- CN¥210.49 Million ▼ -470 days
2023 993 days CN¥290.62 Million CN¥292.73K/day CN¥- CN¥290.62 Million ▲ +26 days
2022 967 days CN¥366.24 Million CN¥378.83K/day CN¥- CN¥366.24 Million ▲ +951 days
2019 16 days CN¥3.50 Million CN¥220.55K/day CN¥- CN¥3.50 Million
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)