AVE Science & Technology Co Ltd (688067) — Defensive Interval Ratio

Latest as of September 2025: 687 days

AVE Science & Technology Co Ltd (688067) has a Defensive Interval Ratio of 687 days as of September 2025. Defensive assets of CN¥156.38 Million (cash CN¥-, short-term investments CN¥147.54 Million, receivables CN¥8.84 Million) cover 687 days of daily cash needs of CN¥227.68K/day. Check AVE Science & Technology Co Ltd tangible equity quality to evaluate the tangible quality of the company's equity base.

Defensive Interval Ratio

687 days
Days of operational coverage

Defensive Assets

CN¥156.38 Million
Cash + ST Investments + Receivables

Daily Cash Need

CN¥227.68K
Current Liabilities ÷ 365

Current Liabilities

CN¥83.10 Million
CNY

AVE Science & Technology Co Ltd Defensive Interval Ratio (2012–2024)

This chart shows how AVE Science & Technology Co Ltd's Defensive Interval Ratio has evolved across 13 annual periods from 2012 to 2024. As of September 2025, the ratio stands at 687 days, meaning defensive assets of CN¥156.38 Million can fund 687 days of operations without new revenue. Also explore AVE Science & Technology Co Ltd annual equity growth to track the company's year-over-year net asset growth rate.

Annual Defensive Interval Ratio for AVE Science & Technology Co Ltd (2012–2024)

The table below presents the year-by-year Defensive Interval Ratio for AVE Science & Technology Co Ltd from 2012 to 2024, covering 13 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 AVE Science & Technology Co Ltd (688067) market capitalisation.

Year DIR (days) Defensive Assets (CNY) Daily Cash Need Cash ST Investments Change (days)
2024 176 days CN¥26.68 Million CN¥151.66K/day CN¥- CN¥17.86 Million ▲ +88 days
2023 88 days CN¥13.50 Million CN¥153.46K/day CN¥- CN¥5.01 Million ▼ -714 days
2022 802 days CN¥139.06 Million CN¥173.47K/day CN¥- CN¥127.59 Million ▲ +315 days
2021 487 days CN¥77.06 Million CN¥158.34K/day CN¥- CN¥65.00 Million ▲ +120 days
2020 367 days CN¥48.01 Million CN¥130.94K/day CN¥- CN¥35.00 Million ▲ +251 days
2019 116 days CN¥11.57 Million CN¥99.61K/day CN¥- CN¥- ▼ -23 days
2018 139 days CN¥11.25 Million CN¥80.77K/day CN¥- CN¥- ▼ -19 days
2017 158 days CN¥12.32 Million CN¥77.93K/day CN¥- CN¥- ▲ +21 days
2016 137 days CN¥10.53 Million CN¥76.88K/day CN¥- CN¥- ▼ -93 days
2015 230 days CN¥10.09 Million CN¥43.80K/day CN¥- CN¥- ▼ -47 days
2014 278 days CN¥12.45 Million CN¥44.84K/day CN¥- CN¥- ▼ -87 days
2013 365 days CN¥13.71 Million CN¥37.61K/day CN¥- CN¥- ▼ -115 days
2012 480 days CN¥14.64 Million CN¥30.50K/day CN¥- CN¥- —
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)