Focused Photonics Hangzhou Inc (300203) — Defensive Interval Ratio

Latest as of March 2026: 81 days

Focused Photonics Hangzhou Inc (300203) has a Defensive Interval Ratio of 81 days as of March 2026. Defensive assets of CN¥657.42 Million (cash CN¥-, short-term investments CN¥-, receivables CN¥657.42 Million) cover 81 days of daily cash needs of CN¥8.12 Million/day.

Defensive Interval Ratio

81 days
Days of operational coverage

Defensive Assets

CN¥657.42 Million
Cash + ST Investments + Receivables

Daily Cash Need

CN¥8.12 Million
Current Liabilities ÷ 365

Current Liabilities

CN¥2.96 Billion
CNY

Focused Photonics Hangzhou Inc Defensive Interval Ratio (2007–2025)

This chart shows how Focused Photonics Hangzhou Inc's Defensive Interval Ratio has evolved across 19 annual periods from 2007 to 2025. As of March 2026, the ratio stands at 81 days, meaning defensive assets of CN¥657.42 Million can fund 81 days of operations without new revenue. For the complete balance sheet picture, see Focused Photonics Hangzhou Inc assets under control.

Annual Defensive Interval Ratio for Focused Photonics Hangzhou Inc (2007–2025)

The table below presents the year-by-year Defensive Interval Ratio for Focused Photonics Hangzhou Inc from 2007 to 2025, covering 19 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 Focused Photonics Hangzhou Inc 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 91 days CN¥692.08 Million CN¥7.64 Million/day CN¥- CN¥- ▼ -32 days
2024 123 days CN¥1.18 Billion CN¥9.63 Million/day CN¥- CN¥- ▲ +3 days
2023 120 days CN¥1.23 Billion CN¥10.24 Million/day CN¥- CN¥- ▼ -5 days
2022 126 days CN¥1.40 Billion CN¥11.12 Million/day CN¥- CN¥- ▼ -46 days
2021 172 days CN¥1.83 Billion CN¥10.67 Million/day CN¥- CN¥- ▼ -58 days
2020 230 days CN¥2.01 Billion CN¥8.75 Million/day CN¥- CN¥- ▲ +3 days
2019 226 days CN¥1.90 Billion CN¥8.40 Million/day CN¥- CN¥73.64 Million ▲ +45 days
2018 181 days CN¥1.83 Billion CN¥10.11 Million/day CN¥- CN¥40.00 Million ▼ -137 days
2017 318 days CN¥2.07 Billion CN¥6.52 Million/day CN¥- CN¥3.74 Million ▼ -2 days
2016 320 days CN¥1.57 Billion CN¥4.91 Million/day CN¥- CN¥3.76 Million ▲ +10 days
2015 311 days CN¥1.31 Billion CN¥4.21 Million/day CN¥- CN¥30.00 Million ▼ -273 days
2014 584 days CN¥952.23 Million CN¥1.63 Million/day CN¥- CN¥- ▼ -204 days
2013 787 days CN¥806.12 Million CN¥1.02 Million/day CN¥- CN¥- ▲ +157 days
2012 630 days CN¥718.26 Million CN¥1.14 Million/day CN¥- CN¥- ▲ +133 days
2011 498 days CN¥670.01 Million CN¥1.35 Million/day CN¥- CN¥- ▲ +43 days
2010 454 days CN¥494.31 Million CN¥1.09 Million/day CN¥- CN¥- ▲ +131 days
2009 323 days CN¥346.34 Million CN¥1.07 Million/day CN¥- CN¥- ▲ +40 days
2008 283 days CN¥205.41 Million CN¥726.19K/day CN¥- CN¥- ▲ +29 days
2007 254 days CN¥97.02 Million CN¥382.65K/day CN¥- CN¥- —
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)