Shenzhen Chipscreen Biosciences Co (688321) — Defensive Interval Ratio

Latest as of September 2025: 246 days

Shenzhen Chipscreen Biosciences Co (688321) has a Defensive Interval Ratio of 246 days as of September 2025. Defensive assets of CN¥482.66 Million (cash CN¥-, short-term investments CN¥185.25 Million, receivables CN¥297.40 Million) cover 246 days of daily cash needs of CN¥1.96 Million/day. See working capital to net assets of Shenzhen Chipscreen Biosciences Co to evaluate short-term liquidity relative to the company's equity base.

Defensive Interval Ratio

246 days
Days of operational coverage

Defensive Assets

CN¥482.66 Million
Cash + ST Investments + Receivables

Daily Cash Need

CN¥1.96 Million
Current Liabilities ÷ 365

Current Liabilities

CN¥716.04 Million
CNY

Shenzhen Chipscreen Biosciences Co Defensive Interval Ratio (2016–2024)

This chart shows how Shenzhen Chipscreen Biosciences Co's Defensive Interval Ratio has evolved across 9 annual periods from 2016 to 2024. As of September 2025, the ratio stands at 246 days, meaning defensive assets of CN¥482.66 Million can fund 246 days of operations without new revenue. See Shenzhen Chipscreen Biosciences Co balance sheet independence to measure how much of total assets are equity-financed.

Annual Defensive Interval Ratio for Shenzhen Chipscreen Biosciences Co (2016–2024)

The table below presents the year-by-year Defensive Interval Ratio for Shenzhen Chipscreen Biosciences Co from 2016 to 2024, covering 9 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 688321 company net worth.

Year DIR (days) Defensive Assets (CNY) Daily Cash Need Cash ST Investments Change (days)
2024 220 days CN¥272.53 Million CN¥1.24 Million/day CN¥- CN¥94.13 Million ▼ -189 days
2023 409 days CN¥438.25 Million CN¥1.07 Million/day CN¥- CN¥216.72 Million ▲ +108 days
2022 301 days CN¥445.88 Million CN¥1.48 Million/day CN¥- CN¥291.07 Million ▲ +46 days
2021 255 days CN¥205.01 Million CN¥805.04K/day CN¥- CN¥82.08 Million ▼ -499 days
2020 754 days CN¥303.32 Million CN¥402.43K/day CN¥- CN¥261.87 Million ▲ +527 days
2019 227 days CN¥85.36 Million CN¥376.18K/day CN¥- CN¥4.02 Million ▼ -186 days
2018 413 days CN¥92.19 Million CN¥223.38K/day CN¥- CN¥41.83 Million ▼ -530 days
2017 943 days CN¥198.11 Million CN¥210.19K/day CN¥- CN¥167.86 Million ▲ +951 days
2016 -9 days CN¥-2.69 Million CN¥305.64K/day CN¥- CN¥101.49 Million
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)