Suzhou Mingzhi Technology Co. Ltd. A (688355) — Defensive Interval Ratio

Latest as of September 2025: 897 days

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. Check tangible net worth ratio of Suzhou Mingzhi Technology Co. Ltd. A to evaluate the tangible quality of the company's equity base.

Defensive Interval Ratio

897 days
Days of operational coverage

Defensive Assets

CN¥719.40 Million
Cash + ST Investments + Receivables

Daily Cash Need

CN¥802.40K
Current Liabilities ÷ 365

Current Liabilities

CN¥292.88 Million
CNY

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. Also explore 688355 net assets growth trend to track the company's year-over-year net asset growth rate.

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. For live market cap and the full company financial profile, see Suzhou Mingzhi Technology Co. Ltd. A (688355) market capitalisation.

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¥-
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)