Xinjiang Daqo New Energy Co Ltd (688303) - Cash Flow Conversion Efficiency

Latest as of September 2025: 0.002x

Based on the latest financial reports, Xinjiang Daqo New Energy Co Ltd (688303) has a cash flow conversion efficiency ratio of 0.002x as of September 2025. 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 (CN¥63.43 Million ≈ $9.28 Million USD) by net assets (CN¥39.09 Billion ≈ $5.72 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 Xinjiang Daqo New Energy Co Ltd balance sheet independence to measure how much of total assets are equity-financed.

Xinjiang Daqo New Energy Co Ltd - Cash Flow Conversion Efficiency Trend (2013–2025)

This chart illustrates how Xinjiang Daqo New Energy Co Ltd's cash flow conversion efficiency has evolved over time, based on yearly financial data. Check how high is Xinjiang Daqo New Energy Co Ltd's earnings quality to evaluate the quality of earnings relative to operating cash generation.

Xinjiang Daqo New Energy Co Ltd Competitors by Cash Flow Conversion Efficiency

The table below lists competitors of Xinjiang Daqo New Energy Co Ltd ranked by their cash flow conversion efficiency.

Company	Cash Flow Conversion Efficiency
SDIC Essence Holdings Co Ltd SHG:600061	0.156x
Enact Holdings Inc NASDAQ:ACT	0.042x
CICT Mobile Communication Technology Co. Ltd. A SHG:688387	N/A
Topicus.com Inc V:TOI	-0.018x
LI NING CO.LTD UNS.ADR/25 F:LNL	N/A
PT Pantai Indah Kapuk Dua Tbk JK:PANI	0.001x
NexGen Energy Ltd. TO:NXE	-0.006x
WPG Holdings Ltd TW:3702	-0.425x

Annual Cash Flow Conversion Efficiency for Xinjiang Daqo New Energy Co Ltd (2013–2025)

The table below shows the annual cash flow conversion efficiency of Xinjiang Daqo New Energy Co Ltd from 2013 to 2025. For the full company profile with market capitalisation and key ratios, see Xinjiang Daqo New Energy Co Ltd stock valuation.

Year	Net Assets	Operating Cash Flow	Cash Flow Conversion Efficiency	Change
2025-12-31	CN¥81.79 Billion ≈ $11.97 Billion	CN¥-1.58 Billion ≈ $-230.82 Million	-0.019x	+85.62%
2024-12-31	CN¥40.16 Billion ≈ $5.88 Billion	CN¥-5.39 Billion ≈ $-788.15 Million	-0.134x	-167.33%
2023-12-31	CN¥43.88 Billion ≈ $6.42 Billion	CN¥8.74 Billion ≈ $1.28 Billion	0.199x	-40.96%
2022-12-31	CN¥45.54 Billion ≈ $6.66 Billion	CN¥15.37 Billion ≈ $2.25 Billion	0.337x	+110.18%
2021-12-31	CN¥16.47 Billion ≈ $2.41 Billion	CN¥2.64 Billion ≈ $386.88 Million	0.161x	+79.95%
2020-12-31	CN¥4.67 Billion ≈ $683.05 Million	CN¥416.44 Million ≈ $60.94 Million	0.089x	+139.24%
2019-12-31	CN¥3.33 Billion ≈ $487.73 Million	CN¥-757.72 Million ≈ $-110.88 Million	-0.227x	-64.79%
2018-12-31	CN¥3.01 Billion ≈ $440.88 Million	CN¥-415.64 Million ≈ $-60.82 Million	-0.138x	-123.14%
2017-12-31	CN¥1.81 Billion ≈ $264.55 Million	CN¥1.08 Billion ≈ $157.69 Million	0.596x	+5.26%
2016-12-31	CN¥1.13 Billion ≈ $164.66 Million	CN¥637.22 Million ≈ $93.25 Million	0.566x	+101.78%
2015-12-31	CN¥839.57 Million ≈ $122.86 Million	CN¥235.62 Million ≈ $34.48 Million	0.281x	-69.91%
2014-12-31	CN¥670.88 Million ≈ $98.17 Million	CN¥625.71 Million ≈ $91.56 Million	0.933x	-23.25%
2013-12-31	CN¥152.62 Million ≈ $22.33 Million	CN¥185.47 Million ≈ $27.14 Million	1.215x	--

About Xinjiang Daqo New Energy Co Ltd

SHG:688303 China Specialty Industrial Machinery

Market Cap

$6.15 Billion

CN¥42.00 Billion CNY

Market Cap Rank

#3111 Global

#386 in China

Share Price

CN¥19.58

Change (1 day)

+8.00%

52-Week Range

CN¥15.54 - CN¥34.39

All Time High

CN¥82.15