Daqo New Energy Corp ADR (DQ) — Cash Flow Quality Index

Latest as of March 2024: -7.49x

Daqo New Energy Corp ADR (DQ) 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 DQ cash flow conversion to assess how effectively this company generates cash.

Cash Flow Quality Index

-7.49x
Operating CF / Net Income

Operating Cash Flow

$-115.93 Million
USD

Net Income

$15.47 Million
USD

Data as of

Mar 2024
Most recent filing

Daqo New Energy Corp ADR Cash Flow Quality Index (2008–2023)

Historical Cash Flow Quality Index for Daqo New Energy Corp ADR across 14 annual periods. Values consistently above 1.0x indicate high-quality earnings. Check Daqo New Energy Corp ADR total reinvestment intensity to assess the company's total reinvestment commitment from operating cash flow.

Annual Cash Flow Quality Index for Daqo New Energy Corp ADR (2008–2023)

Year-by-year earnings quality comparison for Daqo New Energy Corp ADR. For live market cap and the full company financial profile, see DQ market cap.

Year Quality Index Operating CF (USD) Net Income YoY Change
2023 3.76x $1.62 Billion $429.55 Million ▲ +284.3%
2022 0.98x $2.47 Billion $2.52 Billion ▲ +32.5%
2021 0.74x $638.99 Million $864.85 Million ▼ -52.8%
2020 1.57x $209.70 Million $133.95 Million ▼ -56.9%
2019 3.63x $102.78 Million $28.31 Million ▲ +135.8%
2018 1.54x $95.55 Million $62.07 Million ▲ +1.2%
2017 1.52x $142.71 Million $93.86 Million ▼ -32.3%
2016 2.25x $98.67 Million $43.92 Million ▼ -55.9%
2015 5.09x $66.42 Million $13.05 Million ▲ +85.8%
2014 2.74x $45.62 Million $16.65 Million ▲ +113.3%
2011 1.28x $44.86 Million $34.91 Million ▼ -29.3%
2010 1.82x $125.62 Million $69.15 Million ▲ +2092.5%
2009 -0.09x $-2.73 Million $29.94 Million ▼ -101.9%
2008 4.70x $102.65 Million $21.85 Million
Cash Flow Quality Index = Operating Cash Flow / Net Income. Ratios above 1.0x indicate cash-backed earnings.