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 September 2025. 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. See 5DQ2 net assets for net asset value and shareholders' equity analysis.
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.
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.
| 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. For live market cap, price, and company overview, see Daqo New Energy Corp market cap and net worth.
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 |
|---|---|---|
|
Hanmi Semicon
KO:042700
|
Korea | ₩813.33 Billion |
|
ACM Research Shanghai Inc
SHG:688082
|
China | CN¥18.21 Billion |
|
Henan Shijia Photons Technology Co Ltd
SHG:688313
|
China | CN¥2.55 Billion |
|
TCL Zhonghuan Renewable Energy Technology Co Ltd
SHE:002129
|
China | CN¥118.86 Billion |
|
Ferrotec (Anhui) Technology Development Co. Ltd. A
SHE:301297
|
China | CN¥1.93 Billion |
|
Zhejiang Mtcn Technology Co Ltd
SHE:003026
|
China | CN¥1.26 Billion |
|
Shih Her Technologies
TWO:3551
|
Taiwan | NT$4.92 Billion |
|
INTEKPLUS Co. Ltd
KQ:064290
|
Korea | ₩121.96 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 | 5.65 | 4.61 | 0.63 |
| Quick Ratio | 5.39 | 4.28 | 0.46 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | €2.15 Billion | €2.27 Billion | €-103.86 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 | 0.38 |
| Latest Market Cap to Assets Ratio | 0.20 |
| Asset Growth Rate (YoY) | -13.6% |
| Total Assets | €6.42 Billion |
| Market Capitalization | $1.29 Billion USD |
Valuation Analysis
Below Book Valuation: The market values Daqo New Energy Corp's assets below their book value (0.20x), 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. Its products are used in ingots, wafers, cells, and modules for solar power solutions. The company was formerly known as Mega Stand International Limited and changed its name to Daqo New Energy Corp. in August 2009. The company was foun… Read more