Shareate Tools Ltd (688257) — Defensive Interval Ratio

Latest as of September 2025: 281 days

Shareate Tools Ltd (688257) has a Defensive Interval Ratio of 281 days as of September 2025. Defensive assets of CN¥1.53 Billion (cash CN¥-, short-term investments CN¥479.04 Million, receivables CN¥1.05 Billion) cover 281 days of daily cash needs of CN¥5.46 Million/day. Check Shareate Tools Ltd (688257) tangible net worth to evaluate the tangible quality of the company's equity base.

Defensive Interval Ratio

281 days
Days of operational coverage

Defensive Assets

CN¥1.53 Billion
Cash + ST Investments + Receivables

Daily Cash Need

CN¥5.46 Million
Current Liabilities ÷ 365

Current Liabilities

CN¥1.99 Billion
CNY

Shareate Tools Ltd Defensive Interval Ratio (2013–2024)

This chart shows how Shareate Tools Ltd's Defensive Interval Ratio has evolved across 12 annual periods from 2013 to 2024. As of September 2025, the ratio stands at 281 days, meaning defensive assets of CN¥1.53 Billion can fund 281 days of operations without new revenue. Also explore net asset growth rate of Shareate Tools Ltd to track the company's year-over-year net asset growth rate.

Annual Defensive Interval Ratio for Shareate Tools Ltd (2013–2024)

The table below presents the year-by-year Defensive Interval Ratio for Shareate Tools Ltd from 2013 to 2024, covering 12 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 market cap of Shareate Tools Ltd.

Year DIR (days) Defensive Assets (CNY) Daily Cash Need Cash ST Investments Change (days)
2024 375 days CN¥1.48 Billion CN¥3.95 Million/day CN¥- CN¥581.42 Million ▼ -57 days
2023 432 days CN¥1.22 Billion CN¥2.83 Million/day CN¥- CN¥478.30 Million ▲ +47 days
2022 385 days CN¥825.26 Million CN¥2.14 Million/day CN¥- CN¥192.37 Million ▼ -77 days
2021 463 days CN¥686.17 Million CN¥1.48 Million/day CN¥- CN¥414.58 Million ▲ +96 days
2020 367 days CN¥376.81 Million CN¥1.03 Million/day CN¥- CN¥- ▲ +80 days
2019 287 days CN¥320.23 Million CN¥1.12 Million/day CN¥- CN¥- ▲ +34 days
2018 253 days CN¥210.26 Million CN¥832.37K/day CN¥- CN¥- ▲ +26 days
2017 227 days CN¥199.97 Million CN¥880.83K/day CN¥- CN¥- ▼ -44 days
2016 271 days CN¥191.60 Million CN¥707.77K/day CN¥- CN¥- ▼ -155 days
2015 425 days CN¥171.83 Million CN¥403.99K/day CN¥- CN¥- ▲ +117 days
2014 308 days CN¥153.47 Million CN¥498.51K/day CN¥- CN¥- ▲ +28 days
2013 280 days CN¥143.76 Million CN¥513.30K/day CN¥- CN¥- —
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)