Masterwork Machinery (300195) — Defensive Interval Ratio

Latest as of September 2025: 183 days

Masterwork Machinery (300195) has a Defensive Interval Ratio of 183 days as of September 2025. Defensive assets of CN¥1.01 Billion (cash CN¥-, short-term investments CN¥-, receivables CN¥1.01 Billion) cover 183 days of daily cash needs of CN¥5.53 Million/day.

Defensive Interval Ratio

183 days
Days of operational coverage

Defensive Assets

CN¥1.01 Billion
Cash + ST Investments + Receivables

Daily Cash Need

CN¥5.53 Million
Current Liabilities ÷ 365

Current Liabilities

CN¥2.02 Billion
CNY

Masterwork Machinery Defensive Interval Ratio (2008–2024)

This chart shows how Masterwork Machinery's Defensive Interval Ratio has evolved across 17 annual periods from 2008 to 2024. As of September 2025, the ratio stands at 183 days, meaning defensive assets of CN¥1.01 Billion can fund 183 days of operations without new revenue. For the complete balance sheet picture, see Masterwork Machinery assets under control.

Annual Defensive Interval Ratio for Masterwork Machinery (2008–2024)

The table below presents the year-by-year Defensive Interval Ratio for Masterwork Machinery from 2008 to 2024, covering 17 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 Masterwork Machinery 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)
2024 80 days CN¥396.47 Million CN¥4.98 Million/day CN¥- CN¥20.00 Million ▲ +13 days
2023 67 days CN¥388.48 Million CN¥5.80 Million/day CN¥- CN¥4.17 Million ▲ +0 days
2022 66 days CN¥361.88 Million CN¥5.44 Million/day CN¥- CN¥- ▼ -9 days
2021 76 days CN¥443.56 Million CN¥5.85 Million/day CN¥- CN¥16.83 Million ▲ +5 days
2020 71 days CN¥303.11 Million CN¥4.26 Million/day CN¥- CN¥- ▼ -53 days
2019 124 days CN¥567.43 Million CN¥4.57 Million/day CN¥- CN¥81.31 Million ▼ -83 days
2018 208 days CN¥949.80 Million CN¥4.58 Million/day CN¥- CN¥505.00 Million ▼ -86 days
2017 294 days CN¥860.12 Million CN¥2.93 Million/day CN¥- CN¥361.41 Million ▲ +19 days
2016 275 days CN¥712.72 Million CN¥2.59 Million/day CN¥- CN¥73.46 Million ▲ +26 days
2015 249 days CN¥787.11 Million CN¥3.16 Million/day CN¥- CN¥141.60 Million ▼ -321 days
2014 570 days CN¥660.92 Million CN¥1.16 Million/day CN¥- CN¥119.10 Million ▼ -219 days
2013 789 days CN¥296.26 Million CN¥375.42K/day CN¥- CN¥- ▼ -185 days
2012 974 days CN¥277.01 Million CN¥284.38K/day CN¥- CN¥- ▲ +513 days
2011 461 days CN¥271.51 Million CN¥588.34K/day CN¥- CN¥- ▲ +298 days
2010 164 days CN¥53.47 Million CN¥326.25K/day CN¥- CN¥- ▼ -6 days
2009 170 days CN¥52.15 Million CN¥306.14K/day CN¥- CN¥- ▲ +99 days
2008 72 days CN¥24.25 Million CN¥338.73K/day CN¥- CN¥- —
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)