Great Microwave Technology Co. Ltd. A (688270) — Defensive Interval Ratio

Latest as of March 2026: 1705 days

Great Microwave Technology Co. Ltd. A (688270) has a Defensive Interval Ratio of 1705 days as of March 2026. Defensive assets of CN¥702.40 Million (cash CN¥-, short-term investments CN¥200.33 Million, receivables CN¥502.07 Million) cover 1705 days of daily cash needs of CN¥412.01K/day.

Defensive Interval Ratio

1705 days
Days of operational coverage

Defensive Assets

CN¥702.40 Million
Cash + ST Investments + Receivables

Daily Cash Need

CN¥412.01K
Current Liabilities ÷ 365

Current Liabilities

CN¥150.38 Million
CNY

Great Microwave Technology Co. Ltd. A Defensive Interval Ratio (2018–2025)

This chart shows how Great Microwave Technology Co. Ltd. A's Defensive Interval Ratio has evolved across 8 annual periods from 2018 to 2025. As of March 2026, the ratio stands at 1705 days, meaning defensive assets of CN¥702.40 Million can fund 1705 days of operations without new revenue. For the complete balance sheet picture, see 688270 current and non-current assets.

Annual Defensive Interval Ratio for Great Microwave Technology Co. Ltd. A (2018–2025)

The table below presents the year-by-year Defensive Interval Ratio for Great Microwave Technology Co. Ltd. A from 2018 to 2025, covering 8 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 Great Microwave Technology Co. Ltd. A current assets vs equity 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 1201 days CN¥543.05 Million CN¥452.34K/day CN¥- CN¥101.01 Million ▼ -3300 days
2024 4501 days CN¥1.15 Billion CN¥254.64K/day CN¥- CN¥700.98 Million ▲ +3201 days
2023 1300 days CN¥388.09 Million CN¥298.53K/day CN¥- CN¥- ▲ +7 days
2022 1293 days CN¥280.19 Million CN¥216.77K/day CN¥- CN¥- ▼ -239 days
2021 1531 days CN¥175.18 Million CN¥114.41K/day CN¥- CN¥- ▲ +450 days
2020 1081 days CN¥103.63 Million CN¥95.86K/day CN¥- CN¥- ▲ +638 days
2019 443 days CN¥39.50 Million CN¥89.23K/day CN¥- CN¥- ▲ +394 days
2018 48 days CN¥1.99 Million CN¥41.17K/day CN¥- CN¥-
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)