Guizhou Zhenhua Fengguang Semiconductor Co. Ltd. A (688439) — Defensive Interval Ratio
Guizhou Zhenhua Fengguang Semiconductor Co. Ltd. A (688439) has a Defensive Interval Ratio of 1403 days as of June 2026. Defensive assets of CN¥1.46 Billion (cash CN¥-, short-term investments CN¥-, receivables CN¥1.46 Billion) cover 1403 days of daily cash needs of CN¥1.04 Million/day.
Defensive Interval Ratio
Defensive Assets
Daily Cash Need
Current Liabilities
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 June 2026, the ratio stands at 1403 days, meaning defensive assets of CN¥1.46 Billion can fund 1403 days of operations without new revenue. For the complete balance sheet picture, see 688439 total asset value.
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. See Guizhou Zhenhua Fengguang Semiconductor (688439) working capital ratio 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) |
|---|---|---|---|---|---|---|
| 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¥- | — |