Shenzhen AV-Display Co. Ltd. (300939) — Defensive Interval Ratio

Latest as of September 2025: 988 days

Shenzhen AV-Display Co. Ltd. (300939) has a Defensive Interval Ratio of 988 days as of September 2025. Defensive assets of CN¥1.00 Billion (cash CN¥-, short-term investments CN¥696.40 Million, receivables CN¥307.84 Million) cover 988 days of daily cash needs of CN¥1.02 Million/day.

Defensive Interval Ratio

988 days
Days of operational coverage

Defensive Assets

CN¥1.00 Billion
Cash + ST Investments + Receivables

Daily Cash Need

CN¥1.02 Million
Current Liabilities ÷ 365

Current Liabilities

CN¥370.94 Million
CNY

Shenzhen AV-Display Co. Ltd. Defensive Interval Ratio (2016–2024)

This chart shows how Shenzhen AV-Display Co. Ltd.'s Defensive Interval Ratio has evolved across 9 annual periods from 2016 to 2024. As of September 2025, the ratio stands at 988 days, meaning defensive assets of CN¥1.00 Billion can fund 988 days of operations without new revenue. For the complete balance sheet picture, see total assets of Shenzhen AV-Display Co. Ltd..

Annual Defensive Interval Ratio for Shenzhen AV-Display Co. Ltd. (2016–2024)

The table below presents the year-by-year Defensive Interval Ratio for Shenzhen AV-Display Co. Ltd. from 2016 to 2024, covering 9 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 Shenzhen AV-Display Co. Ltd. short-term liquidity 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)
2024 1434 days CN¥1.03 Billion CN¥720.60K/day CN¥- CN¥773.15 Million ▼ -311 days
2023 1744 days CN¥1.23 Billion CN¥708.04K/day CN¥- CN¥953.32 Million ▲ +998 days
2022 746 days CN¥582.65 Million CN¥780.55K/day CN¥- CN¥300.60 Million ▲ +407 days
2021 339 days CN¥226.64 Million CN¥667.60K/day CN¥- CN¥- ▼ -48 days
2020 388 days CN¥207.88 Million CN¥536.05K/day CN¥- CN¥52.78 Million ▲ +89 days
2019 299 days CN¥152.85 Million CN¥511.45K/day CN¥- CN¥526.66K ▼ -2 days
2018 301 days CN¥154.13 Million CN¥512.58K/day CN¥- CN¥80.68K ▲ +71 days
2017 229 days CN¥137.88 Million CN¥601.09K/day CN¥- CN¥- ▲ +9 days
2016 220 days CN¥120.33 Million CN¥546.07K/day CN¥- CN¥- —
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)