Daqo New Energy Corp. (MUN:5DQ2)

Daqo New Energy Balance Sheet

Financials in millions USD. Fiscal year is January - December.

Assets

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Cash & Equivalents	546.48	856.05	1,007	3,039	3,499	723.78
Short-Term Investments	1,232	1,086	1,097	-	13.93	280.25
Cash & Short-Term Investments	1,779	1,942	2,103	3,039	3,513	1,004
Cash Growth	-11.83%	-7.65%	-30.78%	-13.51%	249.93%	1210.81%
Accounts Receivable	161.56	135.5	55.15	116.36	1,132	365.91
Other Receivables	-	0.02	-	0.03	0.02	-
Receivables	161.56	135.52	55.15	116.39	1,132	365.91
Inventory	392.14	169.1	149.94	173.27	169.52	327.77
Prepaid Expenses	-	303.06	280.88	224.65	52.93	41.68
Restricted Cash	-	124.24	31.81	9.13	20.86	0.19
Other Current Assets	410.52	21.87	10.4	14.31	0.85	3.4
Total Current Assets	2,743	2,696	2,632	3,577	4,889	1,743
Property, Plant & Equipment	3,376	3,399	3,499	3,626	2,605	1,559
Long-Term Investments	67.04	63.21	27.64	27.58	-	-
Other Intangible Assets	169.02	155.58	152.87	150.36	80.33	40.74
Long-Term Deferred Tax Assets	-	113.45	84.6	3.42	1.81	-
Other Long-Term Assets	140.22	21.85	22.39	42.5	17.6	0.82
Total Assets	6,496	6,449	6,418	7,427	7,594	3,344

Liabilities

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Accounts Payable	188.68	129.66	33.27	95.72	103.18	81.7
Accrued Expenses	-	39.07	33.31	73.08	51.5	40.85
Current Income Taxes Payable	-	0.01	0.51	89.8	221.63	71.47
Current Unearned Revenue	140.09	48.79	37.19	148.98	121.99	202.96
Other Current Liabilities	275.79	284.09	416.95	428.84	238.24	153.52
Total Current Liabilities	604.56	501.62	521.24	836.43	736.54	550.5
Long-Term Unearned Revenue	15.32	30.87	38.6	132	172.41	112.6
Long-Term Deferred Tax Liabilities	-	0.52	0.54	10.15	80.54	16.73
Other Long-Term Liabilities	18.91	-	-	-	-	-
Total Liabilities	638.78	533.01	560.38	978.58	989.49	679.82

Shareholders' Equity

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Common Stock	4,370	0.04	0.04	0.04	0.04	0.04
Additional Paid-In Capital	-	2,465	2,409	2,340	2,211	1,017
Retained Earnings	-	2,813	2,983	3,328	2,899	1,079
Treasury Stock	-	-617.61	-617.61	-612.61	-126.68	-1.75
Comprehensive Income & Other	-	-252.91	-413.21	-294	-176.03	67.77
Total Common Equity	4,370	4,407	4,361	4,762	4,807	2,162
Minority Interest	1,486	1,510	1,497	1,686	1,797	501.87
Shareholders' Equity	5,857	5,916	5,858	6,448	6,605	2,664
Total Liabilities & Equity	6,496	6,449	6,418	7,427	7,594	3,344

Additional Metrics

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Net Cash (Debt)	1,779	1,942	2,103	3,039	3,513	1,004
Net Cash Growth	-11.83%	-7.65%	-30.78%	-13.51%	249.93%	-
Net Cash Per Share	26.29	28.84	31.79	40.54	45.46	13.08
Filing Date Shares Outstanding	67.67	67.67	67.06	66.01	77.27	74.51
Total Common Shares Outstanding	67.67	67.67	66.75	65.7	78.2	74.51
Working Capital	2,138	2,195	2,110	2,740	4,153	1,192
Book Value Per Share	64.59	65.12	65.33	72.48	61.47	29.02
Tangible Book Value	4,201	4,251	4,208	4,612	4,727	2,121
Tangible Book Value Per Share	62.09	62.83	63.04	70.19	60.44	28.47
Buildings	-	1,275	1,221	906.29	555.71	468.31
Machinery	-	3,253	3,102	2,148	1,177	970.8
Construction In Progress	-	19.24	50.09	1,108	1,278	586.56

Data Source: S&P Global Market Intelligence Last updated: Oct 27, 2026

Financial data is provided by S&P Global Market Intelligence and updates within hours after each earnings release, which is every three months for this company.

Update frequency:

Quarterly

Last checked:

Oct 29, 2026

Data Sources Report a data error