Zhejiang Canaan Technology Co Ltd (300412) — Defensive Interval Ratio

Latest as of September 2025: 172 days

Zhejiang Canaan Technology Co Ltd (300412) has a Defensive Interval Ratio of 172 days as of September 2025. Defensive assets of CN¥581.93 Million (cash CN¥-, short-term investments CN¥104.74 Million, receivables CN¥477.19 Million) cover 172 days of daily cash needs of CN¥3.38 Million/day. Check tangible net worth ratio of Zhejiang Canaan Technology Co Ltd to evaluate the tangible quality of the company's equity base.

Defensive Interval Ratio

172 days
Days of operational coverage

Defensive Assets

CN¥581.93 Million
Cash + ST Investments + Receivables

Daily Cash Need

CN¥3.38 Million
Current Liabilities ÷ 365

Current Liabilities

CN¥1.23 Billion
CNY

Zhejiang Canaan Technology Co Ltd Defensive Interval Ratio (2011–2024)

This chart shows how Zhejiang Canaan Technology Co Ltd's Defensive Interval Ratio has evolved across 14 annual periods from 2011 to 2024. As of September 2025, the ratio stands at 172 days, meaning defensive assets of CN¥581.93 Million can fund 172 days of operations without new revenue. Also explore net asset growth rate of Zhejiang Canaan Technology Co Ltd to track the company's year-over-year net asset growth rate.

Annual Defensive Interval Ratio for Zhejiang Canaan Technology Co Ltd (2011–2024)

The table below presents the year-by-year Defensive Interval Ratio for Zhejiang Canaan Technology Co Ltd from 2011 to 2024, 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. For live market cap and the full company financial profile, see 300412 market cap.

Year DIR (days) Defensive Assets (CNY) Daily Cash Need Cash ST Investments Change (days)
2024 189 days CN¥623.62 Million CN¥3.30 Million/day CN¥- CN¥99.51 Million ▲ +39 days
2023 150 days CN¥549.53 Million CN¥3.67 Million/day CN¥- CN¥- ▼ -12 days
2022 161 days CN¥570.62 Million CN¥3.53 Million/day CN¥- CN¥- ▼ -29 days
2021 190 days CN¥510.74 Million CN¥2.69 Million/day CN¥- CN¥- ▼ -27 days
2020 217 days CN¥505.30 Million CN¥2.33 Million/day CN¥- CN¥70.51 Million ▼ -17 days
2019 234 days CN¥427.71 Million CN¥1.83 Million/day CN¥- CN¥56.71 Million ▲ +3 days
2018 231 days CN¥326.04 Million CN¥1.41 Million/day CN¥- CN¥20.00 Million ▼ -71 days
2017 302 days CN¥315.11 Million CN¥1.04 Million/day CN¥- CN¥102.00 Million ▼ -63 days
2016 365 days CN¥241.63 Million CN¥661.28K/day CN¥- CN¥100.00 Million ▲ +122 days
2015 243 days CN¥94.17 Million CN¥387.61K/day CN¥- CN¥20.00 Million ▲ +56 days
2014 187 days CN¥50.17 Million CN¥267.69K/day CN¥- CN¥- ▼ -78 days
2013 265 days CN¥49.45 Million CN¥186.49K/day CN¥- CN¥- ▼ -29 days
2012 294 days CN¥47.05 Million CN¥160.08K/day CN¥- CN¥- ▲ +65 days
2011 229 days CN¥37.77 Million CN¥164.81K/day CN¥- CN¥- —
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)