Mingyue Optical Lens Co.Ltd. (301101) — Defensive Interval Ratio

Latest as of March 2026: 1981 days

Mingyue Optical Lens Co.Ltd. (301101) has a Defensive Interval Ratio of 1981 days as of March 2026. Defensive assets of CN¥1.19 Billion (cash CN¥-, short-term investments CN¥987.72 Million, receivables CN¥199.75 Million) cover 1981 days of daily cash needs of CN¥599.33K/day. See Mingyue Optical Lens Co.Ltd. working capital to net assets to evaluate short-term liquidity relative to the company's equity base.

Defensive Interval Ratio

1981 days
Days of operational coverage

Defensive Assets

CN¥1.19 Billion
Cash + ST Investments + Receivables

Daily Cash Need

CN¥599.33K
Current Liabilities ÷ 365

Current Liabilities

CN¥218.76 Million
CNY

Mingyue Optical Lens Co.Ltd. Defensive Interval Ratio (2019–2025)

This chart shows how Mingyue Optical Lens Co.Ltd.'s Defensive Interval Ratio has evolved across 7 annual periods from 2019 to 2025. As of March 2026, the ratio stands at 1981 days, meaning defensive assets of CN¥1.19 Billion can fund 1981 days of operations without new revenue. See Mingyue Optical Lens Co.Ltd. (301101) net asset quality to measure how much of total assets are equity-financed.

Annual Defensive Interval Ratio for Mingyue Optical Lens Co.Ltd. (2019–2025)

The table below presents the year-by-year Defensive Interval Ratio for Mingyue Optical Lens Co.Ltd. from 2019 to 2025, covering 7 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 Mingyue Optical Lens Co.Ltd. market cap and net worth.

Year DIR (days) Defensive Assets (CNY) Daily Cash Need Cash ST Investments Change (days)
2025 1354 days CN¥753.78 Million CN¥556.67K/day CN¥- CN¥661.28 Million ▲ +1055 days
2024 299 days CN¥109.15 Million CN¥364.71K/day CN¥- CN¥- ▼ -381 days
2023 680 days CN¥246.42 Million CN¥362.34K/day CN¥- CN¥122.47 Million ▼ -128 days
2022 808 days CN¥301.57 Million CN¥373.23K/day CN¥- CN¥188.34 Million ▲ +210 days
2021 598 days CN¥239.19 Million CN¥399.82K/day CN¥- CN¥129.55 Million ▲ +238 days
2020 360 days CN¥128.46 Million CN¥356.47K/day CN¥- CN¥- ▲ +34 days
2019 327 days CN¥120.31 Million CN¥368.29K/day CN¥- CN¥-
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)