Daqo New Energy Corp ADR Working Capital to Net Assets Ratio
Daqo New Energy Corp ADR working capital to net assets ratio. Daqo New Energy Corp ADR (DQ) has a Working Capital to Net Assets ratio of 36.3% as of March 2026. Working capital of $2.14 Billion (current assets of $2.56 Billion minus current liabilities of $425.74 Million) is measured against net assets of $5.89 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. Check Daqo New Energy Corp ADR (DQ) tangible net worth 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 ADR (2008–2025)
Working capital to net assets ratio of Daqo New Energy Corp ADR from 2008 to 2025. This chart shows how Daqo New Energy Corp ADR's Working Capital to Net Assets ratio has evolved across 18 annual periods from 2008 to 2025. As of March 2026, the ratio stands at 36.3%, reflecting working capital of $2.14 Billion against net assets of $5.89 Billion USD. See Daqo New Energy Corp ADR defensive liquidity buffer to measure how many days the company can operate on defensive assets alone.
Daqo New Energy Corp ADR Working Capital to Net Assets Ratio by Year (2008–2025)
Daqo New Energy Corp ADR working capital to net assets ratio by year from 2008 to 2025. The table below presents the year-by-year Working Capital to Net Assets ratio for Daqo New Energy Corp ADR from 2008 to 2025, covering 18 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 Daqo New Energy Corp ADR total assets.
| Year | WC/NA Ratio | Working Capital (USD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | 37.1% | $2.19 Billion | $5.92 Billion | $2.69 Billion | $497.83 Million | ▲ +1.1 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 | ▼ -20.4 pp |
| 2022 | 62.9% | $4.15 Billion | $6.60 Billion | $4.89 Billion | $736.54 Million | ▲ +18.1 pp |
| 2021 | 44.8% | $1.19 Billion | $2.66 Billion | $1.74 Billion | $550.50 Million | ▲ +57.8 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 | ▲ +46.1 pp |
| 2016 | -64.9% | $-176.45 Million | $271.73 Million | $73.30 Million | $249.75 Million | ▲ +12.3 pp |
| 2015 | -77.2% | $-186.62 Million | $241.66 Million | $88.78 Million | $275.39 Million | ▲ +55.3 pp |
| 2014 | -132.6% | $-274.12 Million | $206.77 Million | $121.95 Million | $396.07 Million | ▲ +18.9 pp |
| 2013 | -151.4% | $-207.98 Million | $137.33 Million | $91.14 Million | $299.12 Million | ▼ -103.4 pp |
| 2012 | -48.1% | $-163.80 Million | $340.88 Million | $96.51 Million | $260.31 Million | ▼ -39.6 pp |
| 2011 | -8.5% | $-38.39 Million | $452.03 Million | $179.45 Million | $217.84 Million | ▼ -26.5 pp |
| 2010 | 18.0% | $71.32 Million | $396.42 Million | $236.52 Million | $165.20 Million | ▲ +30.0 pp |
| 2009 | -12.1% | $-21.76 Million | $180.49 Million | $120.92 Million | $142.67 Million | ▲ +157.4 pp |
| 2008 | -169.4% | $-120.38 Million | $71.05 Million | $33.95 Million | $154.32 Million | — |