Transwarp Technology (Shanghai) Co. Ltd. A (688031) — Defensive Interval Ratio

Latest as of June 2026: 458 days

Transwarp Technology (Shanghai) Co. Ltd. A (688031) has a Defensive Interval Ratio of 458 days as of June 2026. Defensive assets of CN¥329.85 Million (cash CN¥-, short-term investments CN¥67.29 Million, receivables CN¥262.55 Million) cover 458 days of daily cash needs of CN¥719.65K/day.

Defensive Interval Ratio

458 days
Days of operational coverage

Defensive Assets

CN¥329.85 Million
Cash + ST Investments + Receivables

Daily Cash Need

CN¥719.65K
Current Liabilities ÷ 365

Current Liabilities

CN¥262.67 Million
CNY

Transwarp Technology (Shanghai) Co. Ltd. A Defensive Interval Ratio (2020–2025)

This chart shows how Transwarp Technology (Shanghai) Co. Ltd. A's Defensive Interval Ratio has evolved across 6 annual periods from 2020 to 2025. As of June 2026, the ratio stands at 458 days, meaning defensive assets of CN¥329.85 Million can fund 458 days of operations without new revenue. For the complete balance sheet picture, see 688031 total asset value.

Annual Defensive Interval Ratio for Transwarp Technology (Shanghai) Co. Ltd. A (2020–2025)

The table below presents the year-by-year Defensive Interval Ratio for Transwarp Technology (Shanghai) Co. Ltd. A from 2020 to 2025, covering 6 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 688031 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)
2025 400 days CN¥333.20 Million CN¥832.50K/day CN¥- CN¥71.59 Million ▼ -165 days
2024 565 days CN¥405.76 Million CN¥718.04K/day CN¥- CN¥71.65 Million ▼ -639 days
2023 1204 days CN¥971.42 Million CN¥807.01K/day CN¥- CN¥595.17 Million ▼ -1762 days
2022 2965 days CN¥1.50 Billion CN¥506.14K/day CN¥- CN¥1.26 Billion ▲ +1659 days
2021 1306 days CN¥664.39 Million CN¥508.60K/day CN¥- CN¥491.06 Million ▼ -3 days
2020 1309 days CN¥530.61 Million CN¥405.27K/day CN¥- CN¥410.21 Million —
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)