Daqo New Energy Corp Total Assets
Daqo New Energy Corp total assets. Based on the latest financial reports, Daqo New Energy Corp (5DQ2) holds total assets worth €6.34 Billion EUR (≈ $7.41 Billion USD) as of June 2026. Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments. Also see how much is Daqo New Energy Corp worth for the company's overall valuation and market capitalisation.
Total Assets of Daqo New Energy Corp (2017–2024)
Total assets of Daqo New Energy Corp from 2017 to 2024. This chart illustrates how Daqo New Energy Corp's total assets have evolved over time, based on quarterly financial data. See Daqo New Energy Corp stock price for real-time trading data and today's change.
Daqo New Energy Corp - Asset Composition Analysis
Daqo New Energy Corp Total Assets Breakdown (December 2024)
Daqo New Energy Corp total assets breakdown as of December 2024. Daqo New Energy Corp's total assets of €6.34 Billion consist of 41.0% current assets and 59.0% non-current assets.
| Asset Category | Amount (EUR) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | €0.00 | 15.7% |
| Accounts Receivable | €0.00 | 0.0% |
| Inventory | €149.94 Million | 2.3% |
| Property, Plant & Equipment | €0.00 | 0.0% |
| Intangible Assets | €152.87 Million | 2.4% |
| Goodwill | €0.00 | 0.0% |
Asset Composition Trend (2017–2024)
This chart illustrates how Daqo New Energy Corp's asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution. Explore working capital position of Daqo New Energy Corp to assess how much short-term liquidity the company maintains relative to its equity base.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Daqo New Energy Corp's current assets represent 41.0% of total assets in 2024, an increase from 19.0% in 2017.
- Cash Position: Cash and equivalents constituted 15.7% of total assets in 2024, up from 8.1% in 2017.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 2.0% of total assets, a decrease from 3.0% in 2017.
- Asset Diversification: The largest asset category is intangible assets at 2.4% of total assets.
Daqo New Energy Corp Competitors by Total Assets
Key competitors of Daqo New Energy Corp based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
ASM International NV
AS:ASM
|
Netherlands | €5.25 Billion |
|
LEENO Industrial Inc
KQ:058470
|
Korea | ₩791.93 Billion |
|
StarPower Semiconductor Ltd
SHG:603290
|
China | CN¥12.28 Billion |
|
Elite Advanced Laser Corp
TW:3450
|
Taiwan | NT$13.68 Billion |
|
Keystone Microtech Corp
TWO:6683
|
Taiwan | NT$3.77 Billion |
|
Zhejiang Mtcn Technology Co Ltd
SHE:003026
|
China | CN¥1.26 Billion |
|
Semco Technologies Sas
PA:ALSEM
|
France | €35.29 Million |
|
INNOX Advanced Materials Co.Ltd
KQ:272290
|
Korea | ₩1.09 Trillion |
Daqo New Energy Corp - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 5.81 | 5.65 | 1.09 |
| Quick Ratio | 4.99 | 5.27 | 1.00 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | €2.14 Billion | €2.08 Billion | €34.45 Million |
Daqo New Energy Corp - Advanced Valuation Insights
This section examines the relationship between Daqo New Energy Corp's asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.
Key Valuation Metrics
| Current Price-to-Book Ratio | 0.19 |
| Latest Market Cap to Assets Ratio | 0.11 |
| Asset Growth Rate (YoY) | -13.6% |
| Total Assets | €6.42 Billion |
| Market Capitalization | $696.96 Million USD |
Valuation Analysis
Below Book Valuation: The market values Daqo New Energy Corp's assets below their book value (0.11x), which may indicate investor concerns about asset quality or future growth.
Significant Asset Reduction: Daqo New Energy Corp's assets decreased by 13.6% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for Daqo New Energy Corp (2017–2024)
The table below shows the annual total assets of Daqo New Energy Corp from 2017 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | €6.42 Billion ≈ $7.50 Billion |
-13.58% |
| 2023-12-31 | €7.43 Billion ≈ $8.68 Billion |
-2.19% |
| 2022-12-31 | €7.59 Billion ≈ $8.88 Billion |
+127.09% |
| 2021-12-31 | €3.34 Billion ≈ $3.91 Billion |
+169.84% |
| 2020-12-31 | €1.24 Billion ≈ $1.45 Billion |
+3.15% |
| 2019-12-31 | €1.20 Billion ≈ $1.40 Billion |
+40.52% |
| 2018-12-31 | €854.93 Million ≈ $999.50 Million |
+14.18% |
| 2017-12-31 | €748.78 Million ≈ $875.40 Million |
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About Daqo New Energy Corp
Daqo New Energy Corp., together with its subsidiaries, manufactures and sells polysilicon to photovoltaic product manufacturers in the People's Republic of China. The company offers ready-to-use polysilicon, packaged to meet crucible stacking, pulling, and solidification. Its products are used in ingots, wafers, cells, and modules for solar power solutions. The company was formerly known as Mega … Read more