Daqo New Energy Corp (5DQ2) - Cash Flow Conversion Efficiency
Based on the latest financial reports, Daqo New Energy Corp (5DQ2) has a cash flow conversion efficiency ratio of -0.025x as of March 2026. Cash flow conversion efficiency measures how effectively a company's net assets (equity) generate operating cash flow. It is calculated by dividing operating cash flow (€-147.51 Million ≈ $-172.46 Million USD) by net assets (€5.89 Billion ≈ $6.89 Billion USD). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations. See Daqo New Energy Corp (5DQ2) balance sheet quality index to measure how much of total assets are equity-financed.
Daqo New Energy Corp - Cash Flow Conversion Efficiency Trend (2017–2024)
This chart illustrates how Daqo New Energy Corp's cash flow conversion efficiency has evolved over time, based on yearly financial data. Check earnings quality score of Daqo New Energy Corp to evaluate the quality of earnings relative to operating cash generation.
Daqo New Energy Corp Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Daqo New Energy Corp ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Strive Asset Management
NASDAQ:ASST
|
-0.029x |
|
Ningbo Thermal Power Co Ltd
SHG:600982
|
0.071x |
|
TrustCo Bank Corp NY
NASDAQ:TRST
|
0.018x |
|
RIAMB (Beijing) Tech Dvlp Co
SHG:603082
|
0.021x |
|
Jiangsu Changbao Steeltube Co Ltd
SHE:002478
|
0.031x |
|
Flowco Holdings Inc.
NYSE:FLOC
|
0.059x |
|
Azorim Investment Development and Construction Co Ltd
TA:AZRM
|
-0.301x |
|
Unitech Printed Circuit Board Corp
TW:2367
|
-0.032x |
Annual Cash Flow Conversion Efficiency for Daqo New Energy Corp (2017–2024)
The table below shows the annual cash flow conversion efficiency of Daqo New Energy Corp from 2017 to 2024. For the full company profile with market capitalisation and key ratios, see Daqo New Energy Corp market capitalisation.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2024-12-31 | €5.86 Billion ≈ $6.85 Billion |
€-435.42 Million ≈ $-509.06 Million |
-0.074x | -129.66% |
| 2023-12-31 | €6.45 Billion ≈ $7.54 Billion |
€1.62 Billion ≈ $1.89 Billion |
0.251x | -32.50% |
| 2022-12-31 | €6.64 Billion ≈ $7.77 Billion |
€2.47 Billion ≈ $2.88 Billion |
0.371x | +55.20% |
| 2021-12-31 | €2.67 Billion ≈ $3.12 Billion |
€638.99 Million ≈ $747.05 Million |
0.239x | -8.86% |
| 2020-12-31 | €798.91 Million ≈ $934.02 Million |
€209.70 Million ≈ $245.16 Million |
0.262x | -17.75% |
| 2019-12-31 | €567.16 Million ≈ $663.07 Million |
€180.99 Million ≈ $211.60 Million |
0.319x | +75.38% |
| 2018-12-31 | €525.13 Million ≈ $613.93 Million |
€95.55 Million ≈ $111.71 Million |
0.182x | -49.69% |
| 2017-12-31 | €394.53 Million ≈ $461.24 Million |
€142.70 Million ≈ $166.84 Million |
0.362x | -- |
About Daqo New Energy Corp
Daqo New Energy Corp., together with its subsidiaries, manufactures and sells polysilicon to photovoltaic product manufacturers in the People's Republic of China. The company offers ready-to-use polysilicon, packaged to meet crucible stacking, pulling, and solidification. Its products are used in ingots, wafers, cells, and modules for solar power solutions. The company was formerly known as Mega … Read more