Shanghai Friendess Electronics Tech (688188) — Defensive Interval Ratio
Shanghai Friendess Electronics Tech (688188) has a Defensive Interval Ratio of 2928 days as of March 2026. Defensive assets of CN¥3.06 Billion (cash CN¥-, short-term investments CN¥2.92 Billion, receivables CN¥144.03 Million) cover 2928 days of daily cash needs of CN¥1.05 Million/day. See Shanghai Friendess Electronics Tech working capital to net assets to evaluate short-term liquidity relative to the company's equity base.
Defensive Interval Ratio
Defensive Assets
Daily Cash Need
Current Liabilities
Shanghai Friendess Electronics Tech Defensive Interval Ratio (2016–2025)
This chart shows how Shanghai Friendess Electronics Tech's Defensive Interval Ratio has evolved across 10 annual periods from 2016 to 2025. As of March 2026, the ratio stands at 2928 days, meaning defensive assets of CN¥3.06 Billion can fund 2928 days of operations without new revenue. See Shanghai Friendess Electronics Tech balance sheet quality to measure how much of total assets are equity-financed.
Annual Defensive Interval Ratio for Shanghai Friendess Electronics Tech (2016–2025)
The table below presents the year-by-year Defensive Interval Ratio for Shanghai Friendess Electronics Tech 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. For live market cap and the full company financial profile, see Shanghai Friendess Electronics Tech market cap and net worth.
| Year | DIR (days) | Defensive Assets (CNY) | Daily Cash Need | Cash | ST Investments | Change (days) |
|---|---|---|---|---|---|---|
| 2025 | 2513 days | CN¥3.38 Billion | CN¥1.34 Million/day | CN¥- | CN¥3.21 Billion | ▼ -363 days |
| 2024 | 2876 days | CN¥2.77 Billion | CN¥963.09K/day | CN¥- | CN¥2.55 Billion | ▲ +701 days |
| 2023 | 2175 days | CN¥1.87 Billion | CN¥858.25K/day | CN¥- | CN¥1.77 Billion | ▼ -769 days |
| 2022 | 2944 days | CN¥1.59 Billion | CN¥540.27K/day | CN¥- | CN¥1.54 Billion | ▲ +2754 days |
| 2021 | 190 days | CN¥77.16 Million | CN¥406.75K/day | CN¥- | CN¥35.00 Million | ▼ -4799 days |
| 2020 | 4988 days | CN¥1.60 Billion | CN¥320.27K/day | CN¥- | CN¥1.55 Billion | ▼ -7058 days |
| 2019 | 12047 days | CN¥1.80 Billion | CN¥149.42K/day | CN¥- | CN¥1.77 Billion | ▲ +11961 days |
| 2018 | 86 days | CN¥15.96 Million | CN¥186.43K/day | CN¥- | CN¥- | ▲ +41 days |
| 2017 | 45 days | CN¥10.58 Million | CN¥237.35K/day | CN¥- | CN¥- | ▲ +11 days |
| 2016 | 33 days | CN¥5.06 Million | CN¥151.00K/day | CN¥- | CN¥- | — |