Guizhou Zhenhua Fengguang Semiconductor Co. Ltd. A (688439) — Defensive Interval Ratio

Latest as of March 2026: 2598 days

Guizhou Zhenhua Fengguang Semiconductor Co. Ltd. A (688439) has a Defensive Interval Ratio of 2598 days as of March 2026. Defensive assets of CN¥2.68 Billion (cash CN¥-, short-term investments CN¥1.30 Billion, receivables CN¥1.38 Billion) cover 2598 days of daily cash needs of CN¥1.03 Million/day. Check tangible equity quality of Guizhou Zhenhua Fengguang Semiconductor to evaluate the tangible quality of the company's equity base.

Defensive Interval Ratio

2598 days
Days of operational coverage

Defensive Assets

CN¥2.68 Billion
Cash + ST Investments + Receivables

Daily Cash Need

CN¥1.03 Million
Current Liabilities ÷ 365

Current Liabilities

CN¥376.87 Million
CNY

Guizhou Zhenhua Fengguang Semiconductor Co. Ltd. A Defensive Interval Ratio (2020–2025)

This chart shows how Guizhou Zhenhua Fengguang Semiconductor 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 2598 days, meaning defensive assets of CN¥2.68 Billion can fund 2598 days of operations without new revenue. Also explore Guizhou Zhenhua Fengguang Semiconductor (688439) equity growth momentum to track the company's year-over-year net asset growth rate.

Annual Defensive Interval Ratio for Guizhou Zhenhua Fengguang Semiconductor Co. Ltd. A (2020–2025)

The table below presents the year-by-year Defensive Interval Ratio for Guizhou Zhenhua Fengguang Semiconductor 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 688439 market cap overview.

Year DIR (days) Defensive Assets (CNY) Daily Cash Need Cash ST Investments Change (days)
2025 2790 days CN¥2.85 Billion CN¥1.02 Million/day CN¥- CN¥1.54 Billion ▼ -368 days
2024 3158 days CN¥3.20 Billion CN¥1.01 Million/day CN¥- CN¥1.60 Billion ▲ +1302 days
2023 1856 days CN¥2.44 Billion CN¥1.31 Million/day CN¥- CN¥1.29 Billion ▲ +1521 days
2022 335 days CN¥400.22 Million CN¥1.19 Million/day CN¥- CN¥- ▲ +179 days
2021 156 days CN¥260.91 Million CN¥1.67 Million/day CN¥- CN¥- ▼ -68 days
2020 224 days CN¥244.22 Million CN¥1.09 Million/day CN¥- CN¥-
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)