Guangdong Piano Customized Furniture Co Ltd (002853) — Defensive Interval Ratio

Latest as of March 2026: 131 days

Guangdong Piano Customized Furniture Co Ltd (002853) has a Defensive Interval Ratio of 131 days as of March 2026. Defensive assets of CN¥161.84 Million (cash CN¥-, short-term investments CN¥21.42 Million, receivables CN¥140.42 Million) cover 131 days of daily cash needs of CN¥1.23 Million/day.

Defensive Interval Ratio

131 days
Days of operational coverage

Defensive Assets

CN¥161.84 Million
Cash + ST Investments + Receivables

Daily Cash Need

CN¥1.23 Million
Current Liabilities ÷ 365

Current Liabilities

CN¥449.32 Million
CNY

Guangdong Piano Customized Furniture Co Ltd Defensive Interval Ratio (2012–2025)

This chart shows how Guangdong Piano Customized Furniture Co Ltd's Defensive Interval Ratio has evolved across 14 annual periods from 2012 to 2025. As of March 2026, the ratio stands at 131 days, meaning defensive assets of CN¥161.84 Million can fund 131 days of operations without new revenue. For the complete balance sheet picture, see 002853 asset base.

Annual Defensive Interval Ratio for Guangdong Piano Customized Furniture Co Ltd (2012–2025)

The table below presents the year-by-year Defensive Interval Ratio for Guangdong Piano Customized Furniture Co Ltd from 2012 to 2025, covering 14 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 Guangdong Piano Customized Furniture Co working capital to net assets to evaluate short-term liquidity relative to the company's equity base.

Year DIR (days) Defensive Assets (CNY) Daily Cash Need Cash ST Investments Change (days)
2025 173 days CN¥195.78 Million CN¥1.13 Million/day CN¥- CN¥39.92 Million ▼ -31 days
2024 204 days CN¥312.19 Million CN¥1.53 Million/day CN¥- CN¥75.78 Million ▼ -78 days
2023 282 days CN¥696.08 Million CN¥2.47 Million/day CN¥- CN¥90.00 Million ▼ -2 days
2022 284 days CN¥755.58 Million CN¥2.66 Million/day CN¥- CN¥150.00 Million ▲ +16 days
2021 268 days CN¥761.44 Million CN¥2.84 Million/day CN¥- CN¥190.20 Million ▼ -191 days
2020 458 days CN¥1.26 Billion CN¥2.74 Million/day CN¥- CN¥398.00 Million ▲ +28 days
2019 431 days CN¥803.55 Million CN¥1.87 Million/day CN¥- CN¥190.00 Million ▲ +154 days
2018 277 days CN¥338.41 Million CN¥1.22 Million/day CN¥- CN¥-4.78 Million ▲ +118 days
2017 159 days CN¥158.71 Million CN¥998.63K/day CN¥- CN¥-7.59 Million ▲ +22 days
2016 137 days CN¥94.90 Million CN¥694.90K/day CN¥- CN¥- ▲ +45 days
2015 92 days CN¥48.31 Million CN¥525.09K/day CN¥- CN¥- ▼ -35 days
2014 127 days CN¥47.67 Million CN¥374.71K/day CN¥- CN¥- ▲ +82 days
2013 45 days CN¥24.63 Million CN¥543.11K/day CN¥- CN¥-11.45 Million ▲ +20 days
2012 25 days CN¥8.11 Million CN¥322.78K/day CN¥- CN¥-6.07 Million —
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)