Shenzhen Inovance Tech (300124) — Defensive Interval Ratio

Latest as of September 2025: 291 days

Shenzhen Inovance Tech (300124) has a Defensive Interval Ratio of 291 days as of September 2025. Defensive assets of CN¥20.69 Billion (cash CN¥-, short-term investments CN¥2.79 Billion, receivables CN¥17.89 Billion) cover 291 days of daily cash needs of CN¥71.01 Million/day.

Defensive Interval Ratio

291 days
Days of operational coverage

Defensive Assets

CN¥20.69 Billion
Cash + ST Investments + Receivables

Daily Cash Need

CN¥71.01 Million
Current Liabilities ÷ 365

Current Liabilities

CN¥25.92 Billion
CNY

Shenzhen Inovance Tech Defensive Interval Ratio (2007–2024)

This chart shows how Shenzhen Inovance Tech's Defensive Interval Ratio has evolved across 18 annual periods from 2007 to 2024. As of September 2025, the ratio stands at 291 days, meaning defensive assets of CN¥20.69 Billion can fund 291 days of operations without new revenue. For the complete balance sheet picture, see total assets of Shenzhen Inovance Tech.

Annual Defensive Interval Ratio for Shenzhen Inovance Tech (2007–2024)

The table below presents the year-by-year Defensive Interval Ratio for Shenzhen Inovance Tech from 2007 to 2024, covering 18 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 working capital position of Shenzhen Inovance Tech 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)
2024 290 days CN¥18.59 Billion CN¥64.04 Million/day CN¥- CN¥1.78 Billion ▲ +1 days
2023 289 days CN¥15.55 Billion CN¥53.82 Million/day CN¥- CN¥671.89 Million ▲ +18 days
2022 271 days CN¥11.93 Billion CN¥44.00 Million/day CN¥- CN¥2.01 Billion ▼ -70 days
2021 341 days CN¥9.33 Billion CN¥27.39 Million/day CN¥- CN¥2.07 Billion ▼ -66 days
2020 406 days CN¥6.63 Billion CN¥16.31 Million/day CN¥- CN¥1.27 Billion ▲ +3 days
2019 404 days CN¥5.83 Billion CN¥14.43 Million/day CN¥- CN¥1.99 Billion ▲ +2 days
2018 402 days CN¥3.87 Billion CN¥9.64 Million/day CN¥- CN¥458.24 Million ▲ +3 days
2017 399 days CN¥3.45 Billion CN¥8.65 Million/day CN¥- CN¥549.52 Million ▼ -87 days
2016 486 days CN¥3.81 Billion CN¥7.82 Million/day CN¥- CN¥1.71 Billion ▼ -114 days
2015 600 days CN¥2.59 Billion CN¥4.31 Million/day CN¥- CN¥1.24 Billion ▲ +8 days
2014 593 days CN¥1.58 Billion CN¥2.67 Million/day CN¥- CN¥397.79 Million ▲ +60 days
2013 533 days CN¥770.82 Million CN¥1.45 Million/day CN¥- CN¥- ▼ -177 days
2012 710 days CN¥475.83 Million CN¥670.22K/day CN¥- CN¥- ▼ -15 days
2011 725 days CN¥293.26 Million CN¥404.57K/day CN¥- CN¥- ▲ +337 days
2010 388 days CN¥170.75 Million CN¥440.54K/day CN¥- CN¥- ▲ +36 days
2009 352 days CN¥71.49 Million CN¥203.31K/day CN¥- CN¥- ▲ +60 days
2008 291 days CN¥35.39 Million CN¥121.55K/day CN¥- CN¥- ▲ +41 days
2007 250 days CN¥25.89 Million CN¥103.54K/day CN¥- CN¥- —
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)