Hi-Trend Tech(Shanghai)Co Ltd (688391) — Defensive Interval Ratio

Latest as of June 2025: 1107 days

Hi-Trend Tech(Shanghai)Co Ltd (688391) has a Defensive Interval Ratio of 1107 days as of June 2025. Defensive assets of CN¥562.47 Million (cash CN¥-, short-term investments CN¥481.18 Million, receivables CN¥81.29 Million) cover 1107 days of daily cash needs of CN¥507.88K/day. See Hi-Trend Tech(Shanghai)Co Ltd short-term liquidity ratio to evaluate short-term liquidity relative to the company's equity base.

Defensive Interval Ratio

1107 days
Days of operational coverage

Defensive Assets

CN¥562.47 Million
Cash + ST Investments + Receivables

Daily Cash Need

CN¥507.88K
Current Liabilities ÷ 365

Current Liabilities

CN¥185.38 Million
CNY

Hi-Trend Tech(Shanghai)Co Ltd Defensive Interval Ratio (2020–2024)

This chart shows how Hi-Trend Tech(Shanghai)Co Ltd's Defensive Interval Ratio has evolved across 5 annual periods from 2020 to 2024. As of June 2025, the ratio stands at 1107 days, meaning defensive assets of CN¥562.47 Million can fund 1107 days of operations without new revenue. See Hi-Trend Tech(Shanghai)Co Ltd (688391) balance sheet quality index to measure how much of total assets are equity-financed.

Annual Defensive Interval Ratio for Hi-Trend Tech(Shanghai)Co Ltd (2020–2024)

The table below presents the year-by-year Defensive Interval Ratio for Hi-Trend Tech(Shanghai)Co Ltd 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 market cap of Hi-Trend Tech(Shanghai)Co Ltd.

Year DIR (days) Defensive Assets (CNY) Daily Cash Need Cash ST Investments Change (days)
2024 1289 days CN¥498.93 Million CN¥387.16K/day CN¥- CN¥430.00 Million ▼ -1487 days
2023 2775 days CN¥872.40 Million CN¥314.33K/day CN¥- CN¥829.00 Million ▲ +1437 days
2022 1338 days CN¥656.88 Million CN¥490.87K/day CN¥- CN¥626.00 Million ▲ +1118 days
2021 221 days CN¥66.09 Million CN¥299.70K/day CN¥- CN¥53.00 Million ▲ +48 days
2020 172 days CN¥35.34 Million CN¥205.17K/day CN¥- CN¥15.00 Million
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)