Guangzhou Pearl River Piano Group Co Ltd (002678) — Defensive Interval Ratio

Latest as of September 2025: 636 days

Guangzhou Pearl River Piano Group Co Ltd (002678) has a Defensive Interval Ratio of 636 days as of September 2025. Defensive assets of CN¥510.29 Million (cash CN¥-, short-term investments CN¥383.21 Million, receivables CN¥127.08 Million) cover 636 days of daily cash needs of CN¥802.81K/day. Check Guangzhou Pearl River Piano Group Co Ltd tangible book value ratio to evaluate the tangible quality of the company's equity base.

Defensive Interval Ratio

636 days
Days of operational coverage

Defensive Assets

CN¥510.29 Million
Cash + ST Investments + Receivables

Daily Cash Need

CN¥802.81K
Current Liabilities ÷ 365

Current Liabilities

CN¥293.03 Million
CNY

Guangzhou Pearl River Piano Group Co Ltd Defensive Interval Ratio (2009–2024)

This chart shows how Guangzhou Pearl River Piano Group Co Ltd's Defensive Interval Ratio has evolved across 16 annual periods from 2009 to 2024. As of September 2025, the ratio stands at 636 days, meaning defensive assets of CN¥510.29 Million can fund 636 days of operations without new revenue. Also explore 002678 net assets growth trend to track the company's year-over-year net asset growth rate.

Annual Defensive Interval Ratio for Guangzhou Pearl River Piano Group Co Ltd (2009–2024)

The table below presents the year-by-year Defensive Interval Ratio for Guangzhou Pearl River Piano Group Co Ltd from 2009 to 2024, covering 16 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 Guangzhou Pearl River Piano Group Co Ltd stock valuation.

Year DIR (days) Defensive Assets (CNY) Daily Cash Need Cash ST Investments Change (days)
2024 214 days CN¥182.44 Million CN¥854.36K/day CN¥- CN¥100.00 Million ▲ +36 days
2023 177 days CN¥358.18 Million CN¥2.02 Million/day CN¥- CN¥318.00 Million ▼ -22 days
2022 199 days CN¥676.26 Million CN¥3.40 Million/day CN¥- CN¥621.81 Million ▲ +58 days
2021 142 days CN¥470.45 Million CN¥3.32 Million/day CN¥- CN¥405.59 Million ▲ +117 days
2020 24 days CN¥77.99 Million CN¥3.23 Million/day CN¥- CN¥2.45 Million ▼ -192 days
2019 216 days CN¥541.66 Million CN¥2.50 Million/day CN¥- CN¥462.07 Million ▼ -88 days
2018 305 days CN¥815.86 Million CN¥2.68 Million/day CN¥- CN¥730.16 Million ▼ -149 days
2017 454 days CN¥968.58 Million CN¥2.14 Million/day CN¥- CN¥847.00 Million ▲ +381 days
2016 72 days CN¥150.57 Million CN¥2.08 Million/day CN¥- CN¥30.00 Million ▼ -15 days
2015 88 days CN¥87.66 Million CN¥998.77K/day CN¥- CN¥-41.94 Million ▲ +13 days
2014 75 days CN¥82.72 Million CN¥1.11 Million/day CN¥- CN¥-43.12 Million ▼ -34 days
2013 109 days CN¥76.92 Million CN¥706.84K/day CN¥- CN¥-38.71 Million ▼ -73 days
2012 181 days CN¥128.84 Million CN¥710.37K/day CN¥- CN¥50.00 Million ▲ +82 days
2011 99 days CN¥95.79 Million CN¥968.61K/day CN¥- CN¥- ▼ -6 days
2010 105 days CN¥81.91 Million CN¥783.19K/day CN¥- CN¥- ▼ -16 days
2009 121 days CN¥149.62 Million CN¥1.24 Million/day CN¥- CN¥- —
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)