Smarter Microelectronics (Guangzhou) Co. Ltd. A (688512) — Defensive Interval Ratio
Smarter Microelectronics (Guangzhou) Co. Ltd. A (688512) has a Defensive Interval Ratio of 646 days as of March 2026. Defensive assets of CN¥506.68 Million (cash CN¥-, short-term investments CN¥371.04 Million, receivables CN¥135.64 Million) cover 646 days of daily cash needs of CN¥784.40K/day. See working capital position of Smarter Microelectronics (Guangzhou) Co. to evaluate short-term liquidity relative to the company's equity base.
Defensive Interval Ratio
Defensive Assets
Daily Cash Need
Current Liabilities
Smarter Microelectronics (Guangzhou) Co. Ltd. A Defensive Interval Ratio (2021–2025)
This chart shows how Smarter Microelectronics (Guangzhou) Co. Ltd. A's Defensive Interval Ratio has evolved across 5 annual periods from 2021 to 2025. As of March 2026, the ratio stands at 646 days, meaning defensive assets of CN¥506.68 Million can fund 646 days of operations without new revenue. See net asset quality index of Smarter Microelectronics (Guangzhou) Co. to measure how much of total assets are equity-financed.
Annual Defensive Interval Ratio for Smarter Microelectronics (Guangzhou) Co. Ltd. A (2021–2025)
The table below presents the year-by-year Defensive Interval Ratio for Smarter Microelectronics (Guangzhou) Co. Ltd. A from 2021 to 2025, covering 5 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 Smarter Microelectronics (Guangzhou) Co. stock valuation.
| Year | DIR (days) | Defensive Assets (CNY) | Daily Cash Need | Cash | ST Investments | Change (days) |
|---|---|---|---|---|---|---|
| 2025 | 1039 days | CN¥513.84 Million | CN¥494.32K/day | CN¥- | CN¥368.35 Million | ▲ +872 days |
| 2024 | 168 days | CN¥115.79 Million | CN¥690.01K/day | CN¥- | CN¥10.50 Million | ▼ -83 days |
| 2023 | 251 days | CN¥73.56 Million | CN¥293.10K/day | CN¥- | CN¥50.06 Million | ▲ +218 days |
| 2022 | 33 days | CN¥7.26 Million | CN¥220.84K/day | CN¥- | CN¥- | ▼ -82 days |
| 2021 | 114 days | CN¥26.07 Million | CN¥227.71K/day | CN¥- | CN¥25.06 Million | — |