Zhiyang Innovation Technology Co. Ltd. A (688191) — Defensive Interval Ratio

Latest as of September 2025: 570 days

Zhiyang Innovation Technology Co. Ltd. A (688191) has a Defensive Interval Ratio of 570 days as of September 2025. Defensive assets of CN¥818.56 Million (cash CN¥-, short-term investments CN¥173.64 Million, receivables CN¥644.92 Million) cover 570 days of daily cash needs of CN¥1.44 Million/day. See Zhiyang Innovation Technology Co. Ltd. A short-term liquidity ratio to evaluate short-term liquidity relative to the company's equity base.

Defensive Interval Ratio

570 days
Days of operational coverage

Defensive Assets

CN¥818.56 Million
Cash + ST Investments + Receivables

Daily Cash Need

CN¥1.44 Million
Current Liabilities ÷ 365

Current Liabilities

CN¥524.24 Million
CNY

Zhiyang Innovation Technology Co. Ltd. A Defensive Interval Ratio (2012–2024)

This chart shows how Zhiyang Innovation Technology Co. Ltd. A's Defensive Interval Ratio has evolved across 11 annual periods from 2012 to 2024. As of September 2025, the ratio stands at 570 days, meaning defensive assets of CN¥818.56 Million can fund 570 days of operations without new revenue. See how leveraged is Zhiyang Innovation Technology Co. Ltd. A's balance sheet to measure how much of total assets are equity-financed.

Annual Defensive Interval Ratio for Zhiyang Innovation Technology Co. Ltd. A (2012–2024)

The table below presents the year-by-year Defensive Interval Ratio for Zhiyang Innovation Technology Co. Ltd. A from 2012 to 2024, covering 11 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 688191 market cap.

Year DIR (days) Defensive Assets (CNY) Daily Cash Need Cash ST Investments Change (days)
2024 390 days CN¥658.53 Million CN¥1.69 Million/day CN¥- CN¥58.71 Million ▼ -5 days
2023 396 days CN¥560.88 Million CN¥1.42 Million/day CN¥- CN¥90.31 Million ▼ -24 days
2022 420 days CN¥420.85 Million CN¥1.00 Million/day CN¥- CN¥- ▲ +44 days
2021 376 days CN¥428.16 Million CN¥1.14 Million/day CN¥- CN¥- ▲ +96 days
2020 280 days CN¥247.82 Million CN¥885.35K/day CN¥- CN¥- ▼ -75 days
2019 355 days CN¥206.68 Million CN¥581.84K/day CN¥- CN¥- ▼ -90 days
2018 445 days CN¥159.71 Million CN¥358.65K/day CN¥- CN¥- ▼ -23 days
2017 469 days CN¥95.37 Million CN¥203.53K/day CN¥- CN¥- ▲ +469 days
2014 0 days CN¥280.00 CN¥45.57K/day CN¥- CN¥280.00 ▼ -432 days
2013 432 days CN¥20.85 Million CN¥48.29K/day CN¥- CN¥- ▼ -472 days
2012 904 days CN¥15.97 Million CN¥17.67K/day CN¥- CN¥- —
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)