Daqo New Energy Corp (5DQ2) — Cash Flow Quality Index
Daqo New Energy Corp (5DQ2) has a Cash Flow Quality Index of -7.49x as of March 2024. Operating cash flow of €-115.93 Million is below net income of €15.47 Million, suggesting accrual-heavy earnings not yet converted to cash. Explore debt repayment capacity of Daqo New Energy Corp to assess how comfortably operating cash covers total debt obligations.
Cash Flow Quality Index
Operating Cash Flow
Net Income
Data as of
Daqo New Energy Corp Cash Flow Quality Index (2017–2023)
Historical Cash Flow Quality Index for Daqo New Energy Corp across 7 annual periods. Values consistently above 1.0x indicate high-quality earnings. For the full cash flow conversion analysis, see Daqo New Energy Corp cash conversion from operations.
Annual Cash Flow Quality Index for Daqo New Energy Corp (2017–2023)
Year-by-year earnings quality comparison for Daqo New Energy Corp.
| Year | Quality Index | Operating CF (EUR) | Net Income | YoY Change |
|---|---|---|---|---|
| 2023 | 3.84x | €1.62 Billion | €421.16 Million | ▲ +189.3% |
| 2022 | 1.33x | €2.47 Billion | €1.86 Billion | ▲ +57.0% |
| 2021 | 0.84x | €638.99 Million | €756.22 Million | ▼ -47.9% |
| 2020 | 1.62x | €209.70 Million | €129.19 Million | ▼ -73.5% |
| 2019 | 6.13x | €180.99 Million | €29.52 Million | ▲ +144.6% |
| 2018 | 2.51x | €95.55 Million | €38.12 Million | ▲ +63.1% |
| 2017 | 1.54x | €142.70 Million | €92.84 Million | — |