Daqo New Energy Corp ADR (DQ) — Tangible Net Worth Ratio
Daqo New Energy Corp ADR (DQ) has a Tangible Net Worth Ratio of 97.3% as of March 2026. This metric is calculated by deducting intangible assets ($157.39 Million) from net assets ($5.89 Billion) and expressing it as a percentage of total net assets. A higher ratio means that more of the company's equity is backed by tangible, balance-sheet-verifiable assets rather than goodwill, patents, or brand value. Also explore net asset momentum of Daqo New Energy Corp ADR to track the company's year-over-year net asset growth rate.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Daqo New Energy Corp ADR Tangible Net Worth Ratio (2008–2025)
This chart shows how Daqo New Energy Corp ADR's Tangible Net Worth Ratio has changed across 18 annual periods from 2008 to 2025. As of March 2026, the ratio stands at 97.3%, reflecting net assets of $5.89 Billion with intangible assets of $157.39 Million USD. For live market cap and overall valuation, see DQ stock market capitalisation.
Annual Tangible Net Worth Ratio for Daqo New Energy Corp ADR (2008–2025)
The table below presents the year-by-year Tangible Net Worth Ratio for Daqo New Energy Corp ADR from 2008 to 2025, covering 18 annual filings. Each row shows net assets, intangible assets, total assets, the tangible net worth ratio, and the change in percentage points versus the prior year. Explore capital reinvestment ratio of Daqo New Energy Corp ADR to see what proportion of operating cash flow is directed to capital expenditures.
| Year | Tangible NW Ratio | Net Assets (USD) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2025 | 97.4% | $5.92 Billion | $155.58 Million | $6.45 Billion | ▼ 0.0 pp |
| 2024 | 97.4% | $5.86 Billion | $152.87 Million | $6.42 Billion | ▼ -0.3 pp |
| 2023 | 97.7% | $6.45 Billion | $150.36 Million | $7.43 Billion | ▼ -1.1 pp |
| 2022 | 98.8% | $6.60 Billion | $80.33 Million | $7.59 Billion | ▲ +0.3 pp |
| 2021 | 98.5% | $2.66 Billion | $40.74 Million | $3.34 Billion | ▲ +2.3 pp |
| 2020 | 96.1% | $798.91 Million | $30.83 Million | $1.24 Billion | ▲ +1.4 pp |
| 2019 | 94.8% | $567.16 Million | $29.59 Million | $1.20 Billion | ▼ -1.0 pp |
| 2018 | 95.8% | $525.13 Million | $22.25 Million | $854.93 Million | ▲ +2.3 pp |
| 2017 | 93.4% | $394.53 Million | $25.89 Million | $748.78 Million | ▲ +2.6 pp |
| 2016 | 90.9% | $271.73 Million | $24.81 Million | $656.71 Million | ▲ +2.1 pp |
| 2015 | 88.8% | $241.66 Million | $27.12 Million | $660.85 Million | ▲ +2.8 pp |
| 2014 | 86.0% | $206.77 Million | $29.01 Million | $710.13 Million | ▲ +8.1 pp |
| 2013 | 77.9% | $137.33 Million | $30.38 Million | $610.20 Million | ▼ -11.5 pp |
| 2012 | 89.4% | $340.88 Million | $36.16 Million | $816.31 Million | ▼ -2.8 pp |
| 2011 | 92.2% | $452.03 Million | $35.32 Million | $878.48 Million | ▼ -5.6 pp |
| 2010 | 97.8% | $396.42 Million | $8.60 Million | $645.16 Million | ▼ -1.3 pp |
| 2009 | 99.1% | $180.49 Million | $1.55 Million | $523.92 Million | ▲ +0.2 pp |
| 2008 | 98.9% | $71.05 Million | $761.00K | $350.11 Million | — |