Hangzhou Pinming Software Co. Ltd. A (688109) — Defensive Interval Ratio

Latest as of March 2026: 914 days

Hangzhou Pinming Software Co. Ltd. A (688109) has a Defensive Interval Ratio of 914 days as of March 2026. Defensive assets of CN¥270.85 Million (cash CN¥-, short-term investments CN¥119.03 Million, receivables CN¥151.82 Million) cover 914 days of daily cash needs of CN¥296.48K/day.

Defensive Interval Ratio

914 days
Days of operational coverage

Defensive Assets

CN¥270.85 Million
Cash + ST Investments + Receivables

Daily Cash Need

CN¥296.48K
Current Liabilities ÷ 365

Current Liabilities

CN¥108.22 Million
CNY

Hangzhou Pinming Software Co. Ltd. A Defensive Interval Ratio (2013–2025)

This chart shows how Hangzhou Pinming Software Co. Ltd. A's Defensive Interval Ratio has evolved across 13 annual periods from 2013 to 2025. As of March 2026, the ratio stands at 914 days, meaning defensive assets of CN¥270.85 Million can fund 914 days of operations without new revenue. For the complete balance sheet picture, see 688109 total asset value.

Annual Defensive Interval Ratio for Hangzhou Pinming Software Co. Ltd. A (2013–2025)

The table below presents the year-by-year Defensive Interval Ratio for Hangzhou Pinming Software Co. Ltd. A from 2013 to 2025, 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. See working capital to net assets of Hangzhou Pinming Software Co. Ltd. A 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 498 days CN¥218.32 Million CN¥438.48K/day CN¥- CN¥59.00 Million ▼ -310 days
2024 808 days CN¥362.46 Million CN¥448.63K/day CN¥- CN¥60.01 Million ▼ -347 days
2023 1155 days CN¥401.17 Million CN¥347.34K/day CN¥- CN¥85.07 Million ▼ -764 days
2022 1919 days CN¥641.56 Million CN¥334.39K/day CN¥- CN¥324.41 Million ▼ -576 days
2021 2495 days CN¥772.78 Million CN¥309.76K/day CN¥- CN¥545.68 Million ▲ +1752 days
2020 743 days CN¥195.88 Million CN¥263.55K/day CN¥- CN¥60.04 Million ▲ +334 days
2019 409 days CN¥73.01 Million CN¥178.41K/day CN¥- CN¥- ▲ +139 days
2018 271 days CN¥36.75 Million CN¥135.79K/day CN¥- CN¥- ▲ +26 days
2017 244 days CN¥20.80 Million CN¥85.15K/day CN¥- CN¥- ▲ +152 days
2016 92 days CN¥6.44 Million CN¥70.01K/day CN¥- CN¥1.44K ▼ -51 days
2015 143 days CN¥4.56 Million CN¥31.97K/day CN¥- CN¥- ▲ +102 days
2014 41 days CN¥1.71 Million CN¥41.96K/day CN¥- CN¥- ▼ -103 days
2013 144 days CN¥8.14 Million CN¥56.45K/day CN¥- CN¥- —
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)