Novoray Corporation (688300) — Defensive Interval Ratio

Latest as of September 2025: 528 days

Novoray Corporation (688300) has a Defensive Interval Ratio of 528 days as of September 2025. Defensive assets of CN¥650.19 Million (cash CN¥-, short-term investments CN¥215.91 Million, receivables CN¥434.29 Million) cover 528 days of daily cash needs of CN¥1.23 Million/day. Check 688300 intangible-adjusted equity ratio to evaluate the tangible quality of the company's equity base.

Defensive Interval Ratio

528 days
Days of operational coverage

Defensive Assets

CN¥650.19 Million
Cash + ST Investments + Receivables

Daily Cash Need

CN¥1.23 Million
Current Liabilities ÷ 365

Current Liabilities

CN¥449.52 Million
CNY

Novoray Corporation Defensive Interval Ratio (2012–2024)

This chart shows how Novoray Corporation's Defensive Interval Ratio has evolved across 13 annual periods from 2012 to 2024. As of September 2025, the ratio stands at 528 days, meaning defensive assets of CN¥650.19 Million can fund 528 days of operations without new revenue. Also explore 688300 shareholders equity momentum to track the company's year-over-year net asset growth rate.

Annual Defensive Interval Ratio for Novoray Corporation (2012–2024)

The table below presents the year-by-year Defensive Interval Ratio for Novoray Corporation from 2012 to 2024, covering 13 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 Novoray Corporation (688300) total market value.

Year DIR (days) Defensive Assets (CNY) Daily Cash Need Cash ST Investments Change (days)
2024 620 days CN¥572.11 Million CN¥922.84K/day CN¥- CN¥214.67 Million ▼ -362 days
2023 982 days CN¥673.72 Million CN¥686.30K/day CN¥- CN¥375.66 Million ▼ -286 days
2022 1268 days CN¥609.36 Million CN¥480.52K/day CN¥- CN¥304.97 Million ▼ -225 days
2021 1493 days CN¥535.93 Million CN¥358.92K/day CN¥- CN¥225.67 Million ▲ +498 days
2020 995 days CN¥245.89 Million CN¥247.05K/day CN¥- CN¥12.05 Million ▲ +319 days
2019 677 days CN¥171.21 Million CN¥252.98K/day CN¥- CN¥- ▼ -167 days
2018 843 days CN¥120.74 Million CN¥143.17K/day CN¥- CN¥- ▲ +138 days
2017 706 days CN¥125.53 Million CN¥177.86K/day CN¥- CN¥- ▲ +162 days
2016 544 days CN¥83.91 Million CN¥154.24K/day CN¥- CN¥- ▼ -83 days
2015 627 days CN¥71.40 Million CN¥113.94K/day CN¥- CN¥- ▲ +113 days
2014 513 days CN¥58.50 Million CN¥113.95K/day CN¥- CN¥- ▲ +261 days
2013 253 days CN¥52.48 Million CN¥207.70K/day CN¥- CN¥- ▼ -306 days
2012 559 days CN¥47.01 Million CN¥84.16K/day CN¥- CN¥- —
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)