Daqo New Energy Corp (5DQ2) - 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.
Daqo New Energy Corp - Total Assets Trend (2017–2024)
This chart illustrates how Daqo New Energy Corp's total assets have evolved over time, based on quarterly financial data. Also see Daqo New Energy Corp market capitalisation for the company's overall valuation and market capitalisation.
Daqo New Energy Corp - Asset Composition Analysis
Current Asset Composition (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. Review Daqo New Energy Corp (5DQ2) financial obligations to assess the company's total debt and financial obligations.
| 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. See Daqo New Energy Corp (5DQ2) share price today for real-time trading data and today's change.
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 |
|---|---|---|
|
Ferrotec (Anhui) Technology Development Co. Ltd. A
SHE:301297
|
China | CN¥6.83 Billion |
|
Shanghai Originaldow Advanced
SHG:603991
|
China | CN¥4.81 Billion |
|
SDI Corp
TW:2351
|
Taiwan | NT$12.74 Billion |
|
LandMark Optoelectronics
TWO:3081
|
Taiwan | NT$5.68 Billion |
|
Shenzhen Newway Photomask Making Co. Ltd. A
SHG:688401
|
China | CN¥3.18 Billion |
|
Bluglass Ltd
AU:BLG
|
Australia | AU$16.84 Million |
|
Spectra7 Microsystems Inc
V:SEV
|
Canada | CA$3.23 Million |
|
NAURA Technology Group Co Ltd
SHE:002371
|
China | CN¥91.06 Billion |
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