Hangzhou Huaguang Advanced Welding Materials Co Ltd (688379) — Defensive Interval Ratio

Latest as of September 2025: 240 days

Hangzhou Huaguang Advanced Welding Materials Co Ltd (688379) has a Defensive Interval Ratio of 240 days as of September 2025. Defensive assets of CN¥943.94 Million (cash CN¥-, short-term investments CN¥46.01 Million, receivables CN¥897.93 Million) cover 240 days of daily cash needs of CN¥3.94 Million/day. See how liquid is Hangzhou Huaguang Advanced Welding Mater's working capital to evaluate short-term liquidity relative to the company's equity base.

Defensive Interval Ratio

240 days
Days of operational coverage

Defensive Assets

CN¥943.94 Million
Cash + ST Investments + Receivables

Daily Cash Need

CN¥3.94 Million
Current Liabilities ÷ 365

Current Liabilities

CN¥1.44 Billion
CNY

Hangzhou Huaguang Advanced Welding Materials Co Ltd Defensive Interval Ratio (2012–2024)

This chart shows how Hangzhou Huaguang Advanced Welding Materials Co Ltd's Defensive Interval Ratio has evolved across 13 annual periods from 2012 to 2024. As of September 2025, the ratio stands at 240 days, meaning defensive assets of CN¥943.94 Million can fund 240 days of operations without new revenue. See Hangzhou Huaguang Advanced Welding Mater (688379) net asset quality to measure how much of total assets are equity-financed.

Annual Defensive Interval Ratio for Hangzhou Huaguang Advanced Welding Materials Co Ltd (2012–2024)

The table below presents the year-by-year Defensive Interval Ratio for Hangzhou Huaguang Advanced Welding Materials Co Ltd from 2012 to 2024, covering 13 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 688379 stock market capitalisation.

Year DIR (days) Defensive Assets (CNY) Daily Cash Need Cash ST Investments Change (days)
2024 223 days CN¥778.62 Million CN¥3.50 Million/day CN¥- CN¥- ▼ -96 days
2023 319 days CN¥671.37 Million CN¥2.11 Million/day CN¥- CN¥7.49K ▼ -40 days
2022 359 days CN¥651.43 Million CN¥1.82 Million/day CN¥- CN¥40.35 Million ▼ -108 days
2021 466 days CN¥703.24 Million CN¥1.51 Million/day CN¥- CN¥64.35 Million ▼ -237 days
2020 703 days CN¥582.42 Million CN¥828.54K/day CN¥- CN¥112.17 Million ▲ +268 days
2019 435 days CN¥331.68 Million CN¥762.27K/day CN¥- CN¥- ▼ -12 days
2018 447 days CN¥326.34 Million CN¥729.28K/day CN¥- CN¥- ▼ -34 days
2017 481 days CN¥277.69 Million CN¥576.84K/day CN¥- CN¥- ▲ +104 days
2016 377 days CN¥212.57 Million CN¥563.61K/day CN¥- CN¥- ▼ -32 days
2015 409 days CN¥164.76 Million CN¥403.12K/day CN¥- CN¥29.29K ▲ +37 days
2014 371 days CN¥126.75 Million CN¥341.28K/day CN¥- CN¥- ▲ +68 days
2013 303 days CN¥103.21 Million CN¥340.64K/day CN¥- CN¥- ▲ +36 days
2012 267 days CN¥81.80 Million CN¥305.94K/day CN¥- CN¥- —
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)