Cathay Biotech Inc (688065) — Defensive Interval Ratio
Cathay Biotech Inc (688065) has a Defensive Interval Ratio of 68 days as of June 2026. Defensive assets of CN¥421.55 Million (cash CN¥-, short-term investments CN¥469.25K, receivables CN¥421.08 Million) cover 68 days of daily cash needs of CN¥6.24 Million/day.
Defensive Interval Ratio
Defensive Assets
Daily Cash Need
Current Liabilities
Cathay Biotech Inc Defensive Interval Ratio (2016–2025)
This chart shows how Cathay Biotech Inc's Defensive Interval Ratio has evolved across 10 annual periods from 2016 to 2025. As of June 2026, the ratio stands at 68 days, meaning defensive assets of CN¥421.55 Million can fund 68 days of operations without new revenue. For the complete balance sheet picture, see 688065 total asset value.
Annual Defensive Interval Ratio for Cathay Biotech Inc (2016–2025)
The table below presents the year-by-year Defensive Interval Ratio for Cathay Biotech Inc from 2016 to 2025, covering 10 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 Cathay Biotech Inc current assets vs equity 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 | 54 days | CN¥297.97 Million | CN¥5.50 Million/day | CN¥- | CN¥469.25K | ▼ -5 days |
| 2024 | 59 days | CN¥470.90 Million | CN¥7.99 Million/day | CN¥- | CN¥469.25K | ▲ +18 days |
| 2023 | 41 days | CN¥385.99 Million | CN¥9.34 Million/day | CN¥- | CN¥469.25K | ▼ -81 days |
| 2022 | 122 days | CN¥475.82 Million | CN¥3.90 Million/day | CN¥- | CN¥469.25K | ▲ +39 days |
| 2021 | 83 days | CN¥275.69 Million | CN¥3.34 Million/day | CN¥- | CN¥469.25K | ▼ -1282 days |
| 2020 | 1364 days | CN¥1.63 Billion | CN¥1.19 Million/day | CN¥- | CN¥1.33 Billion | ▲ +975 days |
| 2019 | 389 days | CN¥1.11 Billion | CN¥2.85 Million/day | CN¥- | CN¥859.22 Million | ▲ +328 days |
| 2018 | 61 days | CN¥253.19 Million | CN¥4.13 Million/day | CN¥- | CN¥- | ▼ -133 days |
| 2017 | 194 days | CN¥423.94 Million | CN¥2.19 Million/day | CN¥- | CN¥- | ▲ +25 days |
| 2016 | 169 days | CN¥196.56 Million | CN¥1.16 Million/day | CN¥- | CN¥- | — |