Zhejiang He Chuan Technology Corp. Ltd. A (688320) — Defensive Interval Ratio
Zhejiang He Chuan Technology Corp. Ltd. A (688320) has a Defensive Interval Ratio of 293 days as of June 2025. Defensive assets of CN¥552.68 Million (cash CN¥-, short-term investments CN¥-, receivables CN¥552.68 Million) cover 293 days of daily cash needs of CN¥1.89 Million/day. See how liquid is Zhejiang He Chuan Technology Corp. Ltd. 's working capital to evaluate short-term liquidity relative to the company's equity base.
Defensive Interval Ratio
Defensive Assets
Daily Cash Need
Current Liabilities
Zhejiang He Chuan Technology Corp. Ltd. A Defensive Interval Ratio (2019–2024)
This chart shows how Zhejiang He Chuan Technology Corp. Ltd. A's Defensive Interval Ratio has evolved across 6 annual periods from 2019 to 2024. As of June 2025, the ratio stands at 293 days, meaning defensive assets of CN¥552.68 Million can fund 293 days of operations without new revenue. See how leveraged is Zhejiang He Chuan Technology Corp. Ltd. 's balance sheet to measure how much of total assets are equity-financed.
Annual Defensive Interval Ratio for Zhejiang He Chuan Technology Corp. Ltd. A (2019–2024)
The table below presents the year-by-year Defensive Interval Ratio for Zhejiang He Chuan Technology Corp. Ltd. A 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 market cap of Zhejiang He Chuan Technology Corp. Ltd. .
| Year | DIR (days) | Defensive Assets (CNY) | Daily Cash Need | Cash | ST Investments | Change (days) |
|---|---|---|---|---|---|---|
| 2024 | 291 days | CN¥457.56 Million | CN¥1.57 Million/day | CN¥- | CN¥- | ▼ -75 days |
| 2023 | 366 days | CN¥541.89 Million | CN¥1.48 Million/day | CN¥- | CN¥- | ▲ +99 days |
| 2022 | 267 days | CN¥393.36 Million | CN¥1.47 Million/day | CN¥- | CN¥- | ▼ -44 days |
| 2021 | 311 days | CN¥249.32 Million | CN¥800.93K/day | CN¥- | CN¥- | ▲ +48 days |
| 2020 | 263 days | CN¥159.71 Million | CN¥606.56K/day | CN¥- | CN¥- | ▼ -222 days |
| 2019 | 485 days | CN¥140.80 Million | CN¥290.18K/day | CN¥- | CN¥- | — |