Daqo New Energy Corp Working Capital to Net Assets Ratio
Daqo New Energy Corp working capital to net assets ratio. Daqo New Energy Corp (5DQ2) has a Working Capital to Net Assets ratio of 36.5% as of June 2026. Working capital of €2.14 Billion (current assets of €2.59 Billion minus current liabilities of €445.03 Million) is measured against net assets of €5.86 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. Check Daqo New Energy Corp tangible book value ratio to evaluate the tangible quality of the company's equity base.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Working Capital to Net Assets Ratio of Daqo New Energy Corp (2017–2024)
Working capital to net assets ratio of Daqo New Energy Corp from 2017 to 2024. This chart shows how Daqo New Energy Corp's Working Capital to Net Assets ratio has evolved across 8 annual periods from 2017 to 2024. As of June 2026, the ratio stands at 36.5%, reflecting working capital of €2.14 Billion against net assets of €5.86 Billion EUR. See Daqo New Energy Corp (5DQ2) liquidity interval to measure how many days the company can operate on defensive assets alone.
Daqo New Energy Corp Working Capital to Net Assets Ratio by Year (2017–2024)
Daqo New Energy Corp working capital to net assets ratio by year from 2017 to 2024. The table below presents the year-by-year Working Capital to Net Assets ratio for Daqo New Energy Corp from 2017 to 2024, covering 8 annual filings. Each row shows current assets, current liabilities, working capital, net assets, the ratio, and the change in percentage points compared to the prior year. For the complete balance sheet picture, see 5DQ2 total assets.
| Year | WC/NA Ratio | Working Capital (EUR) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2024 | 36.0% | €2.11 Billion | €5.86 Billion | €2.63 Billion | €521.24 Million | ▼ -6.5 pp |
| 2023 | 42.5% | €2.74 Billion | €6.45 Billion | €3.58 Billion | €836.43 Million | ▼ -20.0 pp |
| 2022 | 62.5% | €4.15 Billion | €6.64 Billion | €4.89 Billion | €734.83 Million | ▲ +17.9 pp |
| 2021 | 44.6% | €1.19 Billion | €2.67 Billion | €1.74 Billion | €550.50 Million | ▲ +57.6 pp |
| 2020 | -13.0% | €-103.86 Million | €798.91 Million | €180.27 Million | €284.13 Million | ▲ +34.7 pp |
| 2019 | -47.8% | €-270.82 Million | €567.16 Million | €174.33 Million | €445.15 Million | ▼ -49.7 pp |
| 2018 | 1.9% | €10.21 Million | €525.13 Million | €160.07 Million | €149.85 Million | ▲ +20.7 pp |
| 2017 | -18.8% | €-74.15 Million | €394.53 Million | €142.36 Million | €216.51 Million | — |