Shanghai V-Test Semiconductor Tech Co. Ltd. A (688372) — Defensive Interval Ratio

Latest as of March 2026: 137 days

Shanghai V-Test Semiconductor Tech Co. Ltd. A (688372) has a Defensive Interval Ratio of 137 days as of March 2026. Defensive assets of CN¥631.06 Million (cash CN¥-, short-term investments CN¥90.63 Million, receivables CN¥540.44 Million) cover 137 days of daily cash needs of CN¥4.61 Million/day. Check Shanghai V-Test Semiconductor Tech Co. L tangible equity quality to evaluate the tangible quality of the company's equity base.

Defensive Interval Ratio

137 days
Days of operational coverage

Defensive Assets

CN¥631.06 Million
Cash + ST Investments + Receivables

Daily Cash Need

CN¥4.61 Million
Current Liabilities ÷ 365

Current Liabilities

CN¥1.68 Billion
CNY

Shanghai V-Test Semiconductor Tech Co. Ltd. A Defensive Interval Ratio (2020–2025)

This chart shows how Shanghai V-Test Semiconductor Tech Co. Ltd. A's Defensive Interval Ratio has evolved across 6 annual periods from 2020 to 2025. As of March 2026, the ratio stands at 137 days, meaning defensive assets of CN¥631.06 Million can fund 137 days of operations without new revenue. Also explore 688372 net assets growth trend to track the company's year-over-year net asset growth rate.

Annual Defensive Interval Ratio for Shanghai V-Test Semiconductor Tech Co. Ltd. A (2020–2025)

The table below presents the year-by-year Defensive Interval Ratio for Shanghai V-Test Semiconductor Tech Co. Ltd. A from 2020 to 2025, covering 6 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 688372 market cap.

Year DIR (days) Defensive Assets (CNY) Daily Cash Need Cash ST Investments Change (days)
2025 161 days CN¥657.70 Million CN¥4.07 Million/day CN¥- CN¥130.22 Million ▼ -3 days
2024 164 days CN¥353.34 Million CN¥2.15 Million/day CN¥- CN¥- ▼ -128 days
2023 292 days CN¥418.52 Million CN¥1.43 Million/day CN¥- CN¥110.17 Million ▼ -454 days
2022 747 days CN¥841.06 Million CN¥1.13 Million/day CN¥- CN¥610.00 Million ▲ +626 days
2021 121 days CN¥130.69 Million CN¥1.08 Million/day CN¥- CN¥- ▼ -45 days
2020 165 days CN¥94.26 Million CN¥570.03K/day CN¥- CN¥29.99 Million
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)