Cheng Fwa Industrial Ltd (5426) — Defensive Interval Ratio
Cheng Fwa Industrial Ltd (5426) has a Defensive Interval Ratio of 341 days as of December 2025. Defensive assets of NT$682.37 Million (cash NT$-, short-term investments NT$151.56 Million, receivables NT$530.81 Million) cover 341 days of daily cash needs of NT$2.00 Million/day. See 5426 net working capital ratio to evaluate short-term liquidity relative to the company's equity base.
Defensive Interval Ratio
Defensive Assets
Daily Cash Need
Current Liabilities
Cheng Fwa Industrial Ltd Defensive Interval Ratio (2017–2025)
This chart shows how Cheng Fwa Industrial Ltd's Defensive Interval Ratio has evolved across 9 annual periods from 2017 to 2025. As of December 2025, the ratio stands at 341 days, meaning defensive assets of NT$682.37 Million can fund 341 days of operations without new revenue. See debt-free asset ratio of Cheng Fwa Industrial Ltd to measure how much of total assets are equity-financed.
Annual Defensive Interval Ratio for Cheng Fwa Industrial Ltd (2017–2025)
The table below presents the year-by-year Defensive Interval Ratio for Cheng Fwa Industrial Ltd from 2017 to 2025, covering 9 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 Cheng Fwa Industrial Ltd market capitalisation.
| Year | DIR (days) | Defensive Assets (TWD) | Daily Cash Need | Cash | ST Investments | Change (days) |
|---|---|---|---|---|---|---|
| 2025 | 341 days | NT$682.37 Million | NT$2.00 Million/day | NT$- | NT$151.56 Million | ▼ -239 days |
| 2024 | 580 days | NT$833.65 Million | NT$1.44 Million/day | NT$- | NT$262.12 Million | ▼ -33 days |
| 2023 | 613 days | NT$681.35 Million | NT$1.11 Million/day | NT$- | NT$282.72 Million | ▲ +269 days |
| 2022 | 343 days | NT$697.91 Million | NT$2.03 Million/day | NT$- | NT$61.34 Million | ▲ +57 days |
| 2021 | 286 days | NT$836.14 Million | NT$2.92 Million/day | NT$- | NT$359.25 Million | ▼ -103 days |
| 2020 | 389 days | NT$673.31 Million | NT$1.73 Million/day | NT$- | NT$280.50 Million | ▼ -116 days |
| 2019 | 505 days | NT$559.32 Million | NT$1.11 Million/day | NT$- | NT$124.24 Million | ▼ -85 days |
| 2018 | 589 days | NT$671.18 Million | NT$1.14 Million/day | NT$- | NT$148.10 Million | ▲ +286 days |
| 2017 | 303 days | NT$606.95 Million | NT$2.00 Million/day | NT$- | NT$204.07 Million | — |