Shenzhen FRD Science & Technology Co Ltd (300602) — Defensive Interval Ratio

Latest as of September 2025: 281 days

Shenzhen FRD Science & Technology Co Ltd (300602) has a Defensive Interval Ratio of 281 days as of September 2025. Defensive assets of CN¥2.99 Billion (cash CN¥-, short-term investments CN¥49.68 Million, receivables CN¥2.94 Billion) cover 281 days of daily cash needs of CN¥10.64 Million/day.

Defensive Interval Ratio

281 days
Days of operational coverage

Defensive Assets

CN¥2.99 Billion
Cash + ST Investments + Receivables

Daily Cash Need

CN¥10.64 Million
Current Liabilities ÷ 365

Current Liabilities

CN¥3.88 Billion
CNY

Shenzhen FRD Science & Technology Co Ltd Defensive Interval Ratio (2012–2024)

This chart shows how Shenzhen FRD Science & Technology Co Ltd's Defensive Interval Ratio has evolved across 13 annual periods from 2012 to 2024. As of September 2025, the ratio stands at 281 days, meaning defensive assets of CN¥2.99 Billion can fund 281 days of operations without new revenue. For the complete balance sheet picture, see Shenzhen FRD Science & Technology Co Ltd balance sheet assets.

Annual Defensive Interval Ratio for Shenzhen FRD Science & Technology Co Ltd (2012–2024)

The table below presents the year-by-year Defensive Interval Ratio for Shenzhen FRD Science & Technology Co Ltd from 2012 to 2024, covering 13 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 300602 working capital efficiency 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¥2.51 Billion CN¥8.64 Million/day CN¥- CN¥- ▼ -352 days
2023 642 days CN¥4.85 Billion CN¥7.56 Million/day CN¥- CN¥2.80 Billion ▲ +445 days
2022 197 days CN¥1.55 Billion CN¥7.86 Million/day CN¥- CN¥-219.13 Million ▼ -12 days
2021 209 days CN¥1.38 Billion CN¥6.60 Million/day CN¥- CN¥6.10 Million ▲ +5 days
2020 204 days CN¥903.54 Million CN¥4.42 Million/day CN¥- CN¥-128.94 Million ▼ -140 days
2019 345 days CN¥1.43 Billion CN¥4.14 Million/day CN¥- CN¥35.15 Million ▼ -117 days
2018 461 days CN¥631.99 Million CN¥1.37 Million/day CN¥- CN¥-13.78 Million ▼ -178 days
2017 639 days CN¥455.60 Million CN¥713.11K/day CN¥- CN¥- ▲ +193 days
2016 446 days CN¥366.41 Million CN¥821.41K/day CN¥- CN¥- ▼ -94 days
2015 540 days CN¥285.02 Million CN¥527.33K/day CN¥- CN¥- ▼ -40 days
2014 581 days CN¥250.61 Million CN¥431.39K/day CN¥- CN¥- ▲ +46 days
2013 535 days CN¥171.54 Million CN¥320.79K/day CN¥- CN¥- ▲ +44 days
2012 491 days CN¥168.94 Million CN¥344.09K/day CN¥- CN¥106.85K —
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)