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

Latest as of March 2026: 112 days

Zhejiang Canaan Technology Co Ltd (300412) has a Defensive Interval Ratio of 112 days as of March 2026. Defensive assets of CN¥412.51 Million (cash CN¥-, short-term investments CN¥108.55 Million, receivables CN¥303.97 Million) cover 112 days of daily cash needs of CN¥3.69 Million/day.

Defensive Interval Ratio

112 days
Days of operational coverage

Defensive Assets

CN¥412.51 Million
Cash + ST Investments + Receivables

Daily Cash Need

CN¥3.69 Million
Current Liabilities ÷ 365

Current Liabilities

CN¥1.35 Billion
CNY

Zhejiang Canaan Technology Co Ltd Defensive Interval Ratio (2011–2025)

This chart shows how Zhejiang Canaan Technology Co Ltd's Defensive Interval Ratio has evolved across 15 annual periods from 2011 to 2025. As of March 2026, the ratio stands at 112 days, meaning defensive assets of CN¥412.51 Million can fund 112 days of operations without new revenue. For the complete balance sheet picture, see 300412 total asset value.

Annual Defensive Interval Ratio for Zhejiang Canaan Technology Co Ltd (2011–2025)

The table below presents the year-by-year Defensive Interval Ratio for Zhejiang Canaan Technology Co Ltd from 2011 to 2025, covering 15 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 300412 net working capital ratio 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 154 days CN¥554.47 Million CN¥3.61 Million/day CN¥- CN¥211.39 Million ▼ -35 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)