Shanghai Friendess Electronics Tech (688188) — Defensive Interval Ratio

Latest as of March 2026: 2928 days

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.

Defensive Interval Ratio

2928 days
Days of operational coverage

Defensive Assets

CN¥3.06 Billion
Cash + ST Investments + Receivables

Daily Cash Need

CN¥1.05 Million
Current Liabilities ÷ 365

Current Liabilities

CN¥381.43 Million
CNY

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. For the complete balance sheet picture, see Shanghai Friendess Electronics Tech assets under control.

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. See Shanghai Friendess Electronics Tech short-term liquidity 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 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¥- —
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)