Cansino Biologics Inc (688185) — Defensive Interval Ratio

Latest as of September 2025: 713 days

Cansino Biologics Inc (688185) has a Defensive Interval Ratio of 713 days as of September 2025. Defensive assets of CN¥2.13 Billion (cash CN¥-, short-term investments CN¥1.39 Billion, receivables CN¥737.74 Million) cover 713 days of daily cash needs of CN¥2.98 Million/day. Check 688185 tangible net assets ratio to evaluate the tangible quality of the company's equity base.

Defensive Interval Ratio

713 days
Days of operational coverage

Defensive Assets

CN¥2.13 Billion
Cash + ST Investments + Receivables

Daily Cash Need

CN¥2.98 Million
Current Liabilities ÷ 365

Current Liabilities

CN¥1.09 Billion
CNY

Cansino Biologics Inc Defensive Interval Ratio (2016–2024)

This chart shows how Cansino Biologics Inc's Defensive Interval Ratio has evolved across 9 annual periods from 2016 to 2024. As of September 2025, the ratio stands at 713 days, meaning defensive assets of CN¥2.13 Billion can fund 713 days of operations without new revenue. Also explore net asset growth rate of Cansino Biologics Inc to track the company's year-over-year net asset growth rate.

Annual Defensive Interval Ratio for Cansino Biologics Inc (2016–2024)

The table below presents the year-by-year Defensive Interval Ratio for Cansino Biologics Inc from 2016 to 2024, covering 9 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 688185 company net worth.

Year DIR (days) Defensive Assets (CNY) Daily Cash Need Cash ST Investments Change (days)
2024 492 days CN¥2.39 Billion CN¥4.85 Million/day CN¥- CN¥1.64 Billion ▲ +106 days
2023 386 days CN¥2.71 Billion CN¥7.03 Million/day CN¥- CN¥2.07 Billion ▼ -51 days
2022 436 days CN¥3.52 Billion CN¥8.06 Million/day CN¥- CN¥2.55 Billion ▲ +61 days
2021 375 days CN¥2.96 Billion CN¥7.88 Million/day CN¥- CN¥2.33 Billion ▼ -239 days
2020 614 days CN¥689.03 Million CN¥1.12 Million/day CN¥- CN¥666.64 Million ▼ -1008 days
2019 1622 days CN¥552.36 Million CN¥340.53K/day CN¥- CN¥552.34 Million ▲ +1140 days
2018 482 days CN¥140.91 Million CN¥292.29K/day CN¥- CN¥140.00 Million ▼ -828 days
2017 1310 days CN¥405.31 Million CN¥309.39K/day CN¥- CN¥402.64 Million ▲ +56 days
2016 1254 days CN¥94.00 Million CN¥74.95K/day CN¥- CN¥94.00 Million
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)