Wave Cyber Shanghai Co Ltd (688718) — Defensive Interval Ratio

Latest as of September 2025: 306 days

Wave Cyber Shanghai Co Ltd (688718) has a Defensive Interval Ratio of 306 days as of September 2025. Defensive assets of CN¥104.04 Million (cash CN¥-, short-term investments CN¥3.50 Million, receivables CN¥100.54 Million) cover 306 days of daily cash needs of CN¥340.49K/day. Check Wave Cyber Shanghai Co Ltd (688718) tangible equity ratio to evaluate the tangible quality of the company's equity base.

Defensive Interval Ratio

306 days
Days of operational coverage

Defensive Assets

CN¥104.04 Million
Cash + ST Investments + Receivables

Daily Cash Need

CN¥340.49K
Current Liabilities ÷ 365

Current Liabilities

CN¥124.28 Million
CNY

Wave Cyber Shanghai Co Ltd Defensive Interval Ratio (2017–2024)

This chart shows how Wave Cyber Shanghai Co Ltd's Defensive Interval Ratio has evolved across 8 annual periods from 2017 to 2024. As of September 2025, the ratio stands at 306 days, meaning defensive assets of CN¥104.04 Million can fund 306 days of operations without new revenue. Also explore 688718 shareholders equity momentum to track the company's year-over-year net asset growth rate.

Annual Defensive Interval Ratio for Wave Cyber Shanghai Co Ltd (2017–2024)

The table below presents the year-by-year Defensive Interval Ratio for Wave Cyber Shanghai Co Ltd from 2017 to 2024, covering 8 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 688718 company net worth.

Year DIR (days) Defensive Assets (CNY) Daily Cash Need Cash ST Investments Change (days)
2024 276 days CN¥89.72 Million CN¥325.40K/day CN¥- CN¥10.01 Million ▼ -87 days
2023 363 days CN¥96.64 Million CN¥266.28K/day CN¥- CN¥1.12 Million ▲ +60 days
2022 303 days CN¥98.60 Million CN¥325.22K/day CN¥- CN¥365.49K ▼ -173 days
2021 476 days CN¥111.94 Million CN¥234.99K/day CN¥- CN¥4.50 Million ▲ +105 days
2020 372 days CN¥124.19 Million CN¥334.14K/day CN¥- CN¥25.16 Million ▲ +18 days
2019 354 days CN¥106.47 Million CN¥301.00K/day CN¥- CN¥5.12 Million ▼ -166 days
2018 520 days CN¥81.34 Million CN¥156.48K/day CN¥- CN¥- ▲ +157 days
2017 363 days CN¥65.08 Million CN¥179.43K/day CN¥- CN¥-
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)