Shenzhen Newway Photomask Making Co. Ltd. A (688401) — Defensive Interval Ratio
Shenzhen Newway Photomask Making Co. Ltd. A (688401) has a Defensive Interval Ratio of 315 days as of March 2026. Defensive assets of CN¥444.21 Million (cash CN¥-, short-term investments CN¥130.49 Million, receivables CN¥313.72 Million) cover 315 days of daily cash needs of CN¥1.41 Million/day. Check Shenzhen Newway Photomask Making Co. Ltd tangible equity quality to evaluate the tangible quality of the company's equity base.
Defensive Interval Ratio
Defensive Assets
Daily Cash Need
Current Liabilities
Shenzhen Newway Photomask Making Co. Ltd. A Defensive Interval Ratio (2020–2025)
This chart shows how Shenzhen Newway Photomask Making 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 315 days, meaning defensive assets of CN¥444.21 Million can fund 315 days of operations without new revenue. Also explore Shenzhen Newway Photomask Making Co. Ltd equity growth rate to track the company's year-over-year net asset growth rate.
Annual Defensive Interval Ratio for Shenzhen Newway Photomask Making Co. Ltd. A (2020–2025)
The table below presents the year-by-year Defensive Interval Ratio for Shenzhen Newway Photomask Making 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 Shenzhen Newway Photomask Making Co. Ltd market cap and net worth.
| Year | DIR (days) | Defensive Assets (CNY) | Daily Cash Need | Cash | ST Investments | Change (days) |
|---|---|---|---|---|---|---|
| 2025 | 308 days | CN¥516.67 Million | CN¥1.68 Million/day | CN¥- | CN¥251.01 Million | ▲ +124 days |
| 2024 | 184 days | CN¥250.44 Million | CN¥1.36 Million/day | CN¥- | CN¥- | ▼ -10 days |
| 2023 | 194 days | CN¥225.91 Million | CN¥1.17 Million/day | CN¥- | CN¥50.39 Million | ▼ -264 days |
| 2022 | 457 days | CN¥372.89 Million | CN¥815.58K/day | CN¥- | CN¥231.47 Million | ▲ +324 days |
| 2021 | 133 days | CN¥108.09 Million | CN¥811.47K/day | CN¥- | CN¥- | ▲ +49 days |
| 2020 | 85 days | CN¥85.58 Million | CN¥1.01 Million/day | CN¥- | CN¥- | — |