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

Xinjiang Daqo New Energy Co.,Ltd. Balance Sheet

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

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Jun 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Cash & Equivalents	4,782	19,629	23,803	4,586	695.74	784.41
Short-Term Investments	8,422	-	-	-	-	-
Trading Asset Securities	1,526	-	-	1,716	-	-
Cash & Short-Term Investments	14,730	19,629	23,803	6,302	695.74	784.41
Cash Growth	-20.77%	-17.54%	277.72%	805.77%	-11.30%	-0.19%
Accounts Receivable	586.62	825.82	8,316	3,680	1,057	1,196
Other Receivables	274.65	292.73	15.57	2.61	1.92	0.02
Receivables	861.27	1,119	8,331	3,683	1,059	1,196
Inventory	1,469	1,336	1,230	2,124	321.45	273.67
Other Current Assets	1,631	1,290	292.41	239.87	62.87	94.79
Total Current Assets	18,691	23,374	33,656	12,348	2,139	2,349
Property, Plant & Equipment	27,085	24,840	16,528	9,824	6,561	6,498
Long-Term Investments	203.35	200.24	4.47	4.47	4.47	4.47
Other Intangible Assets	1,145	1,083	553.52	256.86	199.15	194.81
Long-Term Deferred Tax Assets	169.27	24.29	12.48	-	-	-
Long-Term Deferred Charges	158.99	119.1	-	-	-	-
Other Long-Term Assets	377.12	1,054	1,510	39.03	98.36	62.04
Total Assets	47,830	50,695	52,265	22,472	9,002	9,108
Accounts Payable	457.94	652.77	985.27	1,447	681.56	868.98
Accrued Expenses	272.32	324.35	275.71	143.32	164.95	76.99
Short-Term Debt	-	-	212.85	184.85	750.62	1,256
Current Portion of Long-Term Debt	-	-	-	-	359.82	345
Current Income Taxes Payable	8.86	636.31	1,529	454.13	147.97	31.68
Current Unearned Revenue	428.89	1,057	841.44	1,290	236.05	232.56
Other Current Liabilities	3,432	3,204	1,690	1,594	562.3	1,573
Total Current Liabilities	4,600	5,875	5,534	5,114	2,903	4,384
Long-Term Debt	-	-	-	164.25	804.48	1,055
Long-Term Unearned Revenue	874.39	936.85	1,189	715.56	164.34	158.71
Long-Term Deferred Tax Liabilities	-	3.98	-	10.45	18.38	26.98
Other Long-Term Liabilities	-	-	-	-	443.47	150.51
Total Liabilities	5,474	6,816	6,723	6,004	4,334	5,775
Common Stock	2,145	2,145	2,137	1,925	1,625	1,383
Additional Paid-In Capital	17,568	17,511	17,011	6,113	335.96	292.58
Retained Earnings	22,898	24,461	26,393	8,427	2,703	1,660
Treasury Stock	-275.04	-259.93	-	-	-	-6.5
Comprensive Income & Other	20.38	22.14	-	-	-	-
Total Common Equity	42,356	43,879	45,542	16,466	4,664	3,329
Minority Interest	-	-	-	2.88	3.42	3.6
Shareholders' Equity	42,356	43,879	45,542	16,469	4,668	3,333
Total Liabilities & Equity	47,830	50,695	52,265	22,472	9,002	9,108
Total Debt	-	-	212.85	349.1	1,915	2,656
Net Cash (Debt)	14,730	19,629	23,590	5,953	-1,219	-1,872
Net Cash Growth	-20.77%	-16.79%	296.29%	-	-	-
Net Cash Per Share	6.86	9.20	11.60	3.38	-0.81	-1.36
Filing Date Shares Outstanding	2,135	2,137	2,137	1,925	1,625	1,377
Total Common Shares Outstanding	2,137	2,137	2,137	1,925	1,625	1,377
Working Capital	14,092	17,499	28,122	7,235	-764.27	-2,035
Book Value Per Share	19.82	20.53	21.31	8.55	2.87	2.42
Tangible Book Value	41,211	42,796	44,988	16,209	4,465	3,135
Tangible Book Value Per Share	19.29	20.02	21.05	8.42	2.75	2.28
Buildings	6,483	6,419	3,769	2,913	2,841	2,715
Machinery	15,388	15,191	8,076	5,311	5,257	4,908
Construction In Progress	9,565	6,985	7,421	3,688	77.87	36.8

Source: S&P Capital IQ. Standard template. Financial Sources.