Xinjiang Daqo New Energy Co Ltd (688303) - Total Assets
Based on the latest financial reports, Xinjiang Daqo New Energy Co Ltd (688303) holds total assets worth CN¥41.22 Billion CNY (≈ $6.03 Billion USD) as of March 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.
Xinjiang Daqo New Energy Co Ltd - Total Assets Trend (2013–2025)
This chart illustrates how Xinjiang Daqo New Energy Co Ltd's total assets have evolved over time, based on quarterly financial data. Also see Xinjiang Daqo New Energy Co Ltd stock valuation for the company's overall valuation and market capitalisation.
Xinjiang Daqo New Energy Co Ltd - Asset Composition Analysis
Current Asset Composition (December 2025)
Xinjiang Daqo New Energy Co Ltd's total assets of CN¥41.22 Billion consist of 38.3% current assets and 61.7% non-current assets. Review 688303 liabilities breakdown to assess the company's total debt and financial obligations.
| Asset Category | Amount (CNY) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CN¥0.00 | 10.6% |
| Accounts Receivable | CN¥100.00K | 0.0% |
| Inventory | CN¥1.35 Billion | 3.2% |
| Property, Plant & Equipment | CN¥0.00 | 0.0% |
| Intangible Assets | CN¥1.12 Billion | 2.6% |
| Goodwill | CN¥0.00 | 0.0% |
Asset Composition Trend (2013–2025)
This chart illustrates how Xinjiang Daqo New Energy Co Ltd'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 Xinjiang Daqo New Energy Co Ltd stock price for real-time trading data and today's change.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Xinjiang Daqo New Energy Co Ltd's current assets represent 38.3% of total assets in 2025, an increase from 13.4% in 2013.
- Cash Position: Cash and equivalents constituted 10.6% of total assets in 2025, up from 1.5% in 2013.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 2.0% of total assets, a decrease from 6.0% in 2013.
- Asset Diversification: The largest asset category is inventory at 3.2% of total assets.
Xinjiang Daqo New Energy Co Ltd Competitors by Total Assets
Key competitors of Xinjiang Daqo New Energy Co Ltd based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
AKZO NOBEL SPONS.ADRS 1/3
F:AKUP
|
Germany | €16.13 Billion |
|
Givaudan SA
F:GIN1
|
Germany | €11.86 Billion |
|
Akzo Nobel NV
AS:AKZA
|
Netherlands | €13.95 Billion |
|
Westlake Chemical Corporation
NYSE:WLK
|
USA | $19.44 Billion |
|
EVONIK INDUST.(U.ARD)2
F:EVKA
|
Germany | €17.98 Billion |
|
Zhongfu Shenying Carbon Fiber Co. Ltd. A
SHG:688295
|
China | CN¥10.25 Billion |
|
Luxi Chemical Group Co Ltd
SHE:000830
|
China | CN¥35.95 Billion |
|
Suzhou Crystal Clear Chemical Co Ltd
SHE:300655
|
China | CN¥5.29 Billion |
Xinjiang Daqo New Energy Co Ltd - 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 | 5.24 | 4.89 | 1.03 |
| Quick Ratio | 4.57 | 4.58 | 0.97 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | CN¥12.28 Billion | CN¥12.78 Billion | CN¥139.54 Million |
Xinjiang Daqo New Energy Co Ltd - Advanced Valuation Insights
This section examines the relationship between Xinjiang Daqo New Energy Co Ltd'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 | 1.05 |
| Latest Market Cap to Assets Ratio | 0.12 |
| Asset Growth Rate (YoY) | -3.4% |
| Total Assets | CN¥42.70 Billion |
| Market Capitalization | $5.10 Billion USD |
Valuation Analysis
Below Book Valuation: The market values Xinjiang Daqo New Energy Co Ltd's assets below their book value (0.12x), which may indicate investor concerns about asset quality or future growth.
Slight Asset Contraction: Xinjiang Daqo New Energy Co Ltd's assets decreased by 3.4% over the past year, which may reflect streamlining or optimization of resources.
Annual Total Assets for Xinjiang Daqo New Energy Co Ltd (2013–2025)
The table below shows the annual total assets of Xinjiang Daqo New Energy Co Ltd from 2013 to 2025.
| Year | Total Assets | Change |
|---|---|---|
| 2025-12-31 | CN¥42.70 Billion ≈ $6.25 Billion |
-3.38% |
| 2024-12-31 | CN¥44.20 Billion ≈ $6.47 Billion |
-12.81% |
| 2023-12-31 | CN¥50.70 Billion ≈ $7.42 Billion |
-3.00% |
| 2022-12-31 | CN¥52.26 Billion ≈ $7.65 Billion |
+132.57% |
| 2021-12-31 | CN¥22.47 Billion ≈ $3.29 Billion |
+149.65% |
| 2020-12-31 | CN¥9.00 Billion ≈ $1.32 Billion |
-1.17% |
| 2019-12-31 | CN¥9.11 Billion ≈ $1.33 Billion |
+55.20% |
| 2018-12-31 | CN¥5.87 Billion ≈ $858.81 Million |
+32.68% |
| 2017-12-31 | CN¥4.42 Billion ≈ $647.29 Million |
+18.46% |
| 2016-12-31 | CN¥3.73 Billion ≈ $546.42 Million |
+13.16% |
| 2015-12-31 | CN¥3.30 Billion ≈ $482.88 Million |
+2.96% |
| 2014-12-31 | CN¥3.20 Billion ≈ $468.97 Million |
+27.51% |
| 2013-12-31 | CN¥2.51 Billion ≈ $367.81 Million |
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About Xinjiang Daqo New Energy Co Ltd
Xinjiang Daqo New Energy Co.,Ltd. engages in the research and development, production, and sale of polysilicon products in China and internationally. The company offers P-type single crystal composite feed, P-type single crystal dense materials, large and small P-type monocrystalline coral materials, N-type single crystal material, and P-type single crystal loose materials. It also provides polyc… Read more