Wave Cyber Shanghai Co Ltd (688718) — Defensive Interval Ratio
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. See Wave Cyber Shanghai Co Ltd short-term liquidity ratio to evaluate short-term liquidity relative to the company's equity base.
Defensive Interval Ratio
Defensive Assets
Daily Cash Need
Current Liabilities
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. See 688718 net asset quality index to measure how much of total assets are equity-financed.
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 Wave Cyber Shanghai Co Ltd (688718) market capitalisation.
| 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¥- | — |