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¥42.58 Billion CNY (≈ $6.23 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 what is Xinjiang Daqo New Energy Co Ltd's book value for net asset value and shareholders' equity analysis.
Xinjiang Daqo New Energy Co Ltd - Total Assets Trend (2013–2024)
This chart illustrates how Xinjiang Daqo New Energy Co Ltd's total assets have evolved over time, based on quarterly financial data.
Xinjiang Daqo New Energy Co Ltd - Asset Composition Analysis
Current Asset Composition (December 2024)
Xinjiang Daqo New Energy Co Ltd's total assets of CN¥42.58 Billion consist of 37.5% current assets and 62.5% non-current assets.
| Asset Category | Amount (CNY) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CN¥0.00 | 11.3% |
| Accounts Receivable | CN¥546.71 Million | 1.2% |
| Inventory | CN¥1.20 Billion | 2.7% |
| Property, Plant & Equipment | CN¥0.00 | 0.0% |
| Intangible Assets | CN¥1.14 Billion | 2.6% |
| Goodwill | CN¥0.00 | 0.0% |
Asset Composition Trend (2013–2024)
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. For live market cap, price, and company overview, see Xinjiang Daqo New Energy Co Ltd stock valuation.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Xinjiang Daqo New Energy Co Ltd's current assets represent 37.5% of total assets in 2024, an increase from 13.4% in 2013.
- Cash Position: Cash and equivalents constituted 11.3% of total assets in 2024, 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 2.7% 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 |
|---|---|---|
|
Xi an Bright Laser Tech Co Ltd
SHG:688333
|
China | CN¥8.60 Billion |
|
Zhuhai Bojay Electronics Co Ltd
SHE:002975
|
China | CN¥3.35 Billion |
|
Shanghai Electric Wind Power Group Co. Ltd. A
SHG:688660
|
China | CN¥33.92 Billion |
|
Taihai Manoir Nuclear Equipment Co Ltd
SHE:002366
|
China | CN¥7.93 Billion |
|
Shanghai Hanbell Precise Machinery Co Ltd
SHE:002158
|
China | CN¥6.26 Billion |
|
Weichai Heavy Machinery Co Ltd
SHE:000880
|
China | CN¥7.75 Billion |
|
Yangling Metron New Material Co Ltd
SHE:300861
|
China | CN¥7.00 Billion |
|
Zhejiang Windey Co Ltd
SHE:300772
|
China | CN¥48.90 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 | 4.94 | 4.09 | 0.74 |
| Quick Ratio | 4.63 | 3.74 | 0.63 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | CN¥12.79 Billion | CN¥13.45 Billion | CN¥-764.27 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 | 1.29 |
| Latest Market Cap to Assets Ratio | 0.16 |
| Asset Growth Rate (YoY) | -12.8% |
| Total Assets | CN¥44.20 Billion |
| Market Capitalization | $6.98 Billion USD |
Valuation Analysis
Below Book Valuation: The market values Xinjiang Daqo New Energy Co Ltd's assets below their book value (0.16x), which may indicate investor concerns about asset quality or future growth.
Significant Asset Reduction: Xinjiang Daqo New Energy Co Ltd's assets decreased by 12.8% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for Xinjiang Daqo New Energy Co Ltd (2013–2024)
The table below shows the annual total assets of Xinjiang Daqo New Energy Co Ltd from 2013 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 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 and N-type single crystal dense materials, P-type single crystal loose materials, P-type monocrystalline coral small pieces and large materials, and P-type single crystal composite feeds. It also provides polycrystalline lo… Read more