Xinjiang Daqo New Energy Co Ltd (688303) — Cash Flow Quality Index
Xinjiang Daqo New Energy Co Ltd (688303) has a Cash Flow Quality Index of 0.86x as of September 2025. Operating cash flow of CN¥63.43 Million is below net income of CN¥73.48 Million, suggesting accrual-heavy earnings not yet converted to cash. Also explore 688303 current and non-current assets for the complete picture of this company's asset base.
Cash Flow Quality Index
Operating Cash Flow
Net Income
Data as of
Xinjiang Daqo New Energy Co Ltd Cash Flow Quality Index (2014–2023)
Historical Cash Flow Quality Index for Xinjiang Daqo New Energy Co Ltd across 10 annual periods. Values consistently above 1.0x indicate high-quality earnings. Check Xinjiang Daqo New Energy Co Ltd tangible book value ratio to evaluate the tangible quality of the company's equity base.
Annual Cash Flow Quality Index for Xinjiang Daqo New Energy Co Ltd (2014–2023)
Year-by-year earnings quality comparison for Xinjiang Daqo New Energy Co Ltd. For live market cap and the full company financial profile, see market cap of Xinjiang Daqo New Energy Co Ltd.
| Year | Quality Index | Operating CF (CNY) | Net Income | YoY Change |
|---|---|---|---|---|
| 2023 | 1.52x | CN¥8.74 Billion | CN¥5.76 Billion | ▲ +88.7% |
| 2022 | 0.80x | CN¥15.37 Billion | CN¥19.12 Billion | ▲ +74.0% |
| 2021 | 0.46x | CN¥2.64 Billion | CN¥5.72 Billion | ▲ +15.7% |
| 2020 | 0.40x | CN¥416.44 Million | CN¥1.04 Billion | ▲ +113.0% |
| 2019 | -3.07x | CN¥-757.72 Million | CN¥247.06 Million | ▼ -198.9% |
| 2018 | -1.03x | CN¥-415.64 Million | CN¥405.12 Million | ▼ -164.5% |
| 2017 | 1.59x | CN¥1.08 Billion | CN¥677.13 Million | ▼ -29.5% |
| 2016 | 2.26x | CN¥637.22 Million | CN¥282.17 Million | ▼ -0.5% |
| 2015 | 2.27x | CN¥235.62 Million | CN¥103.80 Million | ▼ -35.5% |
| 2014 | 3.52x | CN¥625.71 Million | CN¥177.86 Million | — |