Neway CNC Equipment Suzhou Co Ltd (688697) — Defensive Interval Ratio

Latest as of March 2026: 184 days

Neway CNC Equipment Suzhou Co Ltd (688697) has a Defensive Interval Ratio of 184 days as of March 2026. Defensive assets of CN¥1.27 Billion (cash CN¥-, short-term investments CN¥811.54 Million, receivables CN¥457.50 Million) cover 184 days of daily cash needs of CN¥6.90 Million/day. Check how tangible is Neway CNC Equipment Suzhou Co Ltd's equity to evaluate the tangible quality of the company's equity base.

Defensive Interval Ratio

184 days
Days of operational coverage

Defensive Assets

CN¥1.27 Billion
Cash + ST Investments + Receivables

Daily Cash Need

CN¥6.90 Million
Current Liabilities ÷ 365

Current Liabilities

CN¥2.52 Billion
CNY

Neway CNC Equipment Suzhou Co Ltd Defensive Interval Ratio (2017–2025)

This chart shows how Neway CNC Equipment Suzhou Co Ltd's Defensive Interval Ratio has evolved across 9 annual periods from 2017 to 2025. As of March 2026, the ratio stands at 184 days, meaning defensive assets of CN¥1.27 Billion can fund 184 days of operations without new revenue. Also explore Neway CNC Equipment Suzhou Co Ltd equity growth rate to track the company's year-over-year net asset growth rate.

Annual Defensive Interval Ratio for Neway CNC Equipment Suzhou Co Ltd (2017–2025)

The table below presents the year-by-year Defensive Interval Ratio for Neway CNC Equipment Suzhou Co Ltd from 2017 to 2025, covering 9 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 688697 market cap overview.

Year DIR (days) Defensive Assets (CNY) Daily Cash Need Cash ST Investments Change (days)
2025 161 days CN¥1.16 Billion CN¥7.22 Million/day CN¥- CN¥711.05 Million ▼ -158 days
2024 319 days CN¥1.90 Billion CN¥5.94 Million/day CN¥- CN¥874.03 Million ▼ -6 days
2023 325 days CN¥1.80 Billion CN¥5.53 Million/day CN¥- CN¥984.51 Million ▲ +8 days
2022 317 days CN¥1.56 Billion CN¥4.93 Million/day CN¥- CN¥792.22 Million ▼ -32 days
2021 349 days CN¥1.50 Billion CN¥4.31 Million/day CN¥- CN¥702.05 Million ▲ +150 days
2020 199 days CN¥656.87 Million CN¥3.30 Million/day CN¥- CN¥79.70 Million ▲ +21 days
2019 178 days CN¥501.26 Million CN¥2.82 Million/day CN¥- CN¥117.00 Million ▲ +9 days
2018 169 days CN¥623.46 Million CN¥3.68 Million/day CN¥- CN¥- ▲ +22 days
2017 147 days CN¥379.52 Million CN¥2.57 Million/day CN¥- CN¥- —
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)