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.

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. For the complete balance sheet picture, see 301101 current and non-current assets.

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. See Mingyue Optical Lens 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)
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)