Western Superconducting Tech Co Ltd (688122) — Defensive Interval Ratio

Latest as of March 2026: 296 days

Western Superconducting Tech Co Ltd (688122) has a Defensive Interval Ratio of 296 days as of March 2026. Defensive assets of CN¥4.36 Billion (cash CN¥-, short-term investments CN¥1.21 Billion, receivables CN¥3.15 Billion) cover 296 days of daily cash needs of CN¥14.71 Million/day.

Defensive Interval Ratio

296 days
Days of operational coverage

Defensive Assets

CN¥4.36 Billion
Cash + ST Investments + Receivables

Daily Cash Need

CN¥14.71 Million
Current Liabilities ÷ 365

Current Liabilities

CN¥5.37 Billion
CNY

Western Superconducting Tech Co Ltd Defensive Interval Ratio (2005–2025)

This chart shows how Western Superconducting Tech Co Ltd's Defensive Interval Ratio has evolved across 21 annual periods from 2005 to 2025. As of March 2026, the ratio stands at 296 days, meaning defensive assets of CN¥4.36 Billion can fund 296 days of operations without new revenue. For the complete balance sheet picture, see Western Superconducting Tech Co Ltd balance sheet assets.

Annual Defensive Interval Ratio for Western Superconducting Tech Co Ltd (2005–2025)

The table below presents the year-by-year Defensive Interval Ratio for Western Superconducting Tech Co Ltd from 2005 to 2025, covering 21 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 688122 net working capital 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 238 days CN¥3.66 Billion CN¥15.37 Million/day CN¥- CN¥816.33 Million ▼ -137 days
2024 375 days CN¥5.09 Billion CN¥13.58 Million/day CN¥- CN¥862.14 Million ▼ -108 days
2023 483 days CN¥4.53 Billion CN¥9.38 Million/day CN¥- CN¥1.18 Billion ▼ -12 days
2022 495 days CN¥4.62 Billion CN¥9.33 Million/day CN¥- CN¥1.17 Billion ▲ +97 days
2021 398 days CN¥2.81 Billion CN¥7.07 Million/day CN¥- CN¥100.00 Million ▼ -46 days
2020 444 days CN¥2.43 Billion CN¥5.48 Million/day CN¥- CN¥315.35 Million ▲ +72 days
2019 372 days CN¥1.65 Billion CN¥4.44 Million/day CN¥- CN¥202.10 Million ▲ +91 days
2018 281 days CN¥1.12 Billion CN¥4.00 Million/day CN¥- CN¥- ▼ -21 days
2017 302 days CN¥994.07 Million CN¥3.29 Million/day CN¥- CN¥- ▲ +28 days
2016 274 days CN¥777.24 Million CN¥2.84 Million/day CN¥- CN¥- ▲ +30 days
2015 244 days CN¥640.21 Million CN¥2.63 Million/day CN¥- CN¥- ▲ +79 days
2014 165 days CN¥422.20 Million CN¥2.56 Million/day CN¥- CN¥- ▲ +27 days
2013 138 days CN¥358.48 Million CN¥2.59 Million/day CN¥- CN¥- ▲ +3 days
2012 135 days CN¥413.13 Million CN¥3.05 Million/day CN¥- CN¥- ▲ +30 days
2011 105 days CN¥261.08 Million CN¥2.48 Million/day CN¥- CN¥- ▼ -6 days
2010 112 days CN¥208.40 Million CN¥1.87 Million/day CN¥- CN¥- ▲ +15 days
2009 96 days CN¥151.32 Million CN¥1.57 Million/day CN¥- CN¥- ▲ +56 days
2008 40 days CN¥33.15 Million CN¥822.64K/day CN¥- CN¥19.41K ▼ -76 days
2007 116 days CN¥65.87 Million CN¥568.22K/day CN¥- CN¥- ▲ +50 days
2006 66 days CN¥45.65 Million CN¥690.76K/day CN¥- CN¥- ▼ -54 days
2005 120 days CN¥34.02 Million CN¥283.88K/day CN¥- CN¥- —
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)