Semiconductor Manufacturing Electronics (Shaoxing) Corp. A (688469) — Defensive Interval Ratio

Latest as of June 2025: 205 days

Semiconductor Manufacturing Electronics (Shaoxing) Corp. A (688469) has a Defensive Interval Ratio of 205 days as of June 2025. Defensive assets of CN¥3.53 Billion (cash CN¥-, short-term investments CN¥2.13 Billion, receivables CN¥1.39 Billion) cover 205 days of daily cash needs of CN¥17.23 Million/day. See how liquid is Semiconductor Manufacturing Electronics 's working capital to evaluate short-term liquidity relative to the company's equity base.

Defensive Interval Ratio

205 days
Days of operational coverage

Defensive Assets

CN¥3.53 Billion
Cash + ST Investments + Receivables

Daily Cash Need

CN¥17.23 Million
Current Liabilities ÷ 365

Current Liabilities

CN¥6.29 Billion
CNY

Semiconductor Manufacturing Electronics (Shaoxing) Corp. A Defensive Interval Ratio (2021–2024)

This chart shows how Semiconductor Manufacturing Electronics (Shaoxing) Corp. A's Defensive Interval Ratio has evolved across 4 annual periods from 2021 to 2024. As of June 2025, the ratio stands at 205 days, meaning defensive assets of CN¥3.53 Billion can fund 205 days of operations without new revenue. See 688469 net asset quality index to measure how much of total assets are equity-financed.

Annual Defensive Interval Ratio for Semiconductor Manufacturing Electronics (Shaoxing) Corp. A (2021–2024)

The table below presents the year-by-year Defensive Interval Ratio for Semiconductor Manufacturing Electronics (Shaoxing) Corp. A from 2021 to 2024, covering 4 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 688469 market cap overview.

Year DIR (days) Defensive Assets (CNY) Daily Cash Need Cash ST Investments Change (days)
2024 158 days CN¥2.62 Billion CN¥16.63 Million/day CN¥- CN¥1.27 Billion ▲ +125 days
2023 32 days CN¥600.66 Million CN¥18.66 Million/day CN¥- CN¥50.37 Million ▼ -39 days
2022 71 days CN¥1.72 Billion CN¥24.10 Million/day CN¥- CN¥1.13 Billion ▲ +45 days
2021 27 days CN¥258.39 Million CN¥9.72 Million/day CN¥- CN¥50.00 Million
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)