Zhejiang He Chuan Technology Corp. Ltd. A (688320) — Defensive Interval Ratio

Latest as of June 2025: 293 days

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. Check Zhejiang He Chuan Technology Corp. Ltd. (688320) tangible equity ratio to evaluate the tangible quality of the company's equity base.

Defensive Interval Ratio

293 days
Days of operational coverage

Defensive Assets

CN¥552.68 Million
Cash + ST Investments + Receivables

Daily Cash Need

CN¥1.89 Million
Current Liabilities ÷ 365

Current Liabilities

CN¥688.47 Million
CNY

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. Also explore 688320 net assets growth trend to track the company's year-over-year net asset growth rate.

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 688320 stock market capitalisation.

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¥-
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)