Cheng Fwa Industrial Ltd (5426) — Defensive Interval Ratio
Cheng Fwa Industrial Ltd (5426) has a Defensive Interval Ratio of 390 days as of June 2026. Defensive assets of NT$675.39 Million (cash NT$-, short-term investments NT$97.66 Million, receivables NT$577.74 Million) cover 390 days of daily cash needs of NT$1.73 Million/day.
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 June 2026, the ratio stands at 390 days, meaning defensive assets of NT$675.39 Million can fund 390 days of operations without new revenue. For the complete balance sheet picture, see Cheng Fwa Industrial Ltd asset portfolio.
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. See 5426 net working capital ratio to evaluate short-term liquidity relative to the company's equity base.
| 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 | — |