Xinjiang Daqo New Energy Co.,Ltd. (SHA:688303)

Xinjiang Daqo New Energy Balance Sheet

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	1,714	5,007	19,629	23,803	4,586	695.74
Short-Term Investments	-	7,936	-	-	-	-
Trading Asset Securities	3,001	-	-	-	1,716	-
Cash & Short-Term Investments	4,716	12,943	19,629	23,803	6,302	695.74
Cash Growth	-9.99%	-34.06%	-17.54%	277.72%	805.77%	-11.30%
Accounts Receivable	1,118	402.71	825.82	8,316	3,680	1,057
Other Receivables	152.75	144	292.73	15.57	2.61	1.92
Receivables	1,271	546.71	1,119	8,331	3,683	1,059
Inventory	1,024	1,196	1,336	1,230	2,124	321.45
Other Current Assets	9,027	1,881	1,290	292.41	239.87	62.87
Total Current Assets	16,037	16,566	23,374	33,656	12,348	2,139
Property, Plant & Equipment	24,178	25,396	24,840	16,528	9,824	6,561
Long-Term Investments	4.47	206.19	200.24	4.47	4.47	4.47
Other Intangible Assets	1,125	1,144	1,083	553.52	256.86	199.15
Long-Term Deferred Tax Assets	771.33	617.49	24.29	12.48	-	-
Long-Term Deferred Charges	151.32	154.55	119.1	-	-	-
Other Long-Term Assets	312.09	115.74	1,054	1,510	39.03	98.36
Total Assets	42,580	44,200	50,695	52,265	22,472	9,002
Accounts Payable	593.71	236.22	652.77	985.27	1,447	681.56
Accrued Expenses	102.43	121.66	320.09	275.71	143.32	164.95
Short-Term Debt	-	-	-	212.85	184.85	750.62
Current Portion of Long-Term Debt	-	-	-	-	-	359.82
Current Income Taxes Payable	16.85	3.65	636.31	1,529	454.13	147.97
Current Unearned Revenue	172.47	271.48	1,057	841.44	1,290	236.05
Other Current Liabilities	2,360	3,128	3,208	1,690	1,594	562.3
Total Current Liabilities	3,245	3,761	5,875	5,534	5,114	2,903
Long-Term Debt	-	-	-	-	164.25	804.48
Long-Term Unearned Revenue	124.93	281.74	936.85	1,189	715.56	164.34
Long-Term Deferred Tax Liabilities	-	-	3.98	-	10.45	18.38
Other Long-Term Liabilities	120.45	-	-	-	-	443.47
Total Liabilities	3,491	4,043	6,816	6,723	6,004	4,334
Common Stock	2,145	2,145	2,145	2,137	1,925	1,625
Additional Paid-In Capital	17,478	17,478	17,511	17,011	6,113	335.96
Retained Earnings	19,777	20,850	24,461	26,393	8,427	2,703
Treasury Stock	-315.17	-314.88	-259.93	-	-	-
Comprehensive Income & Other	4.8	-	22.14	-	-	-
Total Common Equity	39,089	40,158	43,879	45,542	16,466	4,664
Minority Interest	-	-	-	-	2.88	3.42
Shareholders' Equity	39,089	40,158	43,879	45,542	16,469	4,668
Total Liabilities & Equity	42,580	44,200	50,695	52,265	22,472	9,002
Total Debt	-	-	-	212.85	349.1	1,915
Net Cash (Debt)	4,716	12,943	19,629	23,590	5,953	-1,219
Net Cash Growth	-9.99%	-34.06%	-16.79%	296.29%	-	-
Net Cash Per Share	2.21	6.05	9.20	11.60	3.38	-0.81
Filing Date Shares Outstanding	2,135	2,135	2,137	2,137	1,925	1,625
Total Common Shares Outstanding	2,135	2,135	2,137	2,137	1,925	1,625
Working Capital	12,792	12,806	17,499	28,122	7,235	-764.27
Book Value Per Share	18.31	18.81	20.53	21.31	8.55	2.87
Tangible Book Value	37,964	39,014	42,796	44,988	16,209	4,465
Tangible Book Value Per Share	17.78	18.27	20.02	21.05	8.42	2.75
Buildings	-	8,192	6,419	3,769	2,913	2,841
Machinery	-	22,032	15,191	8,076	5,311	5,257
Construction In Progress	-	254.23	6,985	7,421	3,688	77.87

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.