Suzhou Mingzhi Technology Co. Ltd. A (688355) — Defensive Interval Ratio
Suzhou Mingzhi Technology Co. Ltd. A (688355) has a Defensive Interval Ratio of 897 days as of September 2025. Defensive assets of CN¥719.40 Million (cash CN¥-, short-term investments CN¥570.88 Million, receivables CN¥148.52 Million) cover 897 days of daily cash needs of CN¥802.40K/day.
Defensive Interval Ratio
Defensive Assets
Daily Cash Need
Current Liabilities
Suzhou Mingzhi Technology Co. Ltd. A Defensive Interval Ratio (2017–2024)
This chart shows how Suzhou Mingzhi Technology Co. Ltd. A's Defensive Interval Ratio has evolved across 8 annual periods from 2017 to 2024. As of September 2025, the ratio stands at 897 days, meaning defensive assets of CN¥719.40 Million can fund 897 days of operations without new revenue. For the complete balance sheet picture, see Suzhou Mingzhi Technology Co. Ltd. A assets under control.
Annual Defensive Interval Ratio for Suzhou Mingzhi Technology Co. Ltd. A (2017–2024)
The table below presents the year-by-year Defensive Interval Ratio for Suzhou Mingzhi Technology Co. Ltd. A from 2017 to 2024, 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 working capital position of Suzhou Mingzhi Technology Co. Ltd. A 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) |
|---|---|---|---|---|---|---|
| 2024 | 1023 days | CN¥600.21 Million | CN¥586.71K/day | CN¥- | CN¥433.21 Million | ▲ +365 days |
| 2023 | 658 days | CN¥551.93 Million | CN¥838.76K/day | CN¥- | CN¥390.06 Million | ▼ -71 days |
| 2022 | 729 days | CN¥746.07 Million | CN¥1.02 Million/day | CN¥- | CN¥527.63 Million | ▼ -193 days |
| 2021 | 921 days | CN¥808.16 Million | CN¥877.30K/day | CN¥- | CN¥564.44 Million | ▲ +658 days |
| 2020 | 263 days | CN¥219.23 Million | CN¥833.11K/day | CN¥- | CN¥- | ▲ +83 days |
| 2019 | 180 days | CN¥186.85 Million | CN¥1.04 Million/day | CN¥- | CN¥- | ▲ +28 days |
| 2018 | 152 days | CN¥164.48 Million | CN¥1.08 Million/day | CN¥- | CN¥- | ▼ -59 days |
| 2017 | 211 days | CN¥175.74 Million | CN¥833.97K/day | CN¥- | CN¥- | — |