Xinjiang Daqo New Energy Co.,Ltd. (SHA:688303)
China · Delayed Price · Currency is CNY 16.76
+0.18 (1.09%)
Sep 4, 2026, 3:00 PM CST
Xinjiang Daqo New Energy Cash Flow Statement
Financials in millions CNY. Fiscal year is January - December.
Millions CNY. Fiscal year is Jan - Dec.
Operating Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Net Income | -1,578 | -1,129 | -2,718 | 5,763 | 19,121 | 5,724 |
Depreciation & Amortization | 1,696 | 1,710 | 1,501 | 1,053 | 721.9 | 502.26 |
Other Amortization | 42.91 | 27.48 | 8.67 | 4.69 | - | - |
Loss (Gain) From Sale of Assets | - | - | - | - | - | -0.05 |
Asset Writedown & Restructuring Costs | 21.42 | 22.18 | 1,399 | 30.25 | 60.03 | 23.16 |
Loss (Gain) From Sale of Investments | -141.89 | -172.32 | -125.72 | - | -7.09 | -25.88 |
Stock-Based Compensation | - | - | -14.06 | 230.25 | 139.72 | 10.3 |
Other Operating Activities | 1,315 | 971.76 | 1,865 | 119.51 | 125.97 | 98.8 |
Change in Accounts Receivable | -1,967 | -2,784 | -3,694 | -1,088 | -8,997 | -4,730 |
Change in Inventory | -2,523 | -963.89 | -1,537 | -138.46 | 894.43 | -1,803 |
Change in Accounts Payable | 927.58 | 919.29 | -1,451 | 2,766 | 3,331 | 2,852 |
Change in Other Net Operating Assets | -1.94 | - | -22.14 | 9.35 | 0.15 | -0.16 |
Operating Cash Flow | -2,212 | -1,577 | -5,386 | 8,741 | 15,367 | 2,644 |
Operating Cash Flow Growth | - | - | - | -43.12% | 481.23% | 534.87% |
Investing Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Capital Expenditures | -216.73 | -166.71 | -527.2 | -5,219 | -8,523 | -1,897 |
Sale of Property, Plant & Equipment | -17.11 | - | - | 0.14 | - | 0.1 |
Investment in Securities | 1,912 | 380 | -7,920 | - | 1,700 | -1,700 |
Other Investing Activities | 20.73 | 249.29 | -15.37 | 129.08 | -120.06 | 10.35 |
Investing Cash Flow | 1,699 | 462.58 | -8,463 | -5,090 | -6,943 | -3,586 |
Financing Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Short-Term Debt Issued | - | - | - | - | 966.62 | 367.19 |
Long-Term Debt Issued | - | - | - | - | 1,200 | 315 |
Total Debt Issued | - | - | - | - | 2,167 | 682.19 |
Long-Term Debt Repaid | - | - | - | - | -1,200 | -1,609 |
Total Debt Repaid | - | - | - | - | -1,200 | -1,609 |
Net Debt Issued (Repaid) | - | - | - | - | 966.62 | -927.11 |
Issuance of Common Stock | - | - | 7.77 | 221.72 | 10,945 | 6,104 |
Repurchase of Common Stock | -59.71 | -5.97 | -54.95 | -259.93 | - | - |
Common Dividends Paid | - | - | -893.31 | -7,708 | -1,248 | -44.7 |
Other Financing Activities | - | - | - | - | -13.43 | -27.56 |
Financing Cash Flow | -59.71 | -5.97 | -940.49 | -7,746 | 10,650 | 5,105 |
Net Cash Flow
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Foreign Exchange Rate Adjustments | -0.02 | 0.22 | 0.22 | -0.01 | - | -0 |
Net Cash Flow | -573.4 | -1,121 | -14,789 | -4,095 | 19,074 | 4,162 |
Free Cash Flow
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Free Cash Flow | -2,429 | -1,744 | -5,913 | 3,522 | 6,844 | 747.08 |
Free Cash Flow Growth | - | - | - | -48.54% | 816.07% | - |
Free Cash Flow Margin | -60.86% | -36.05% | -79.80% | 21.57% | 22.12% | 6.90% |
Free Cash Flow Per Share | -1.14 | -0.82 | -2.76 | 1.65 | 3.36 | 0.42 |
Levered Free Cash Flow | -1,392 | -494.06 | -2,372 | 6,401 | 2,854 | 1,322 |
Unlevered Free Cash Flow | -1,375 | -472.92 | -2,344 | 6,459 | 2,932 | 1,438 |
Additional Metrics
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Cash Income Tax Paid | 104.39 | 246.42 | 686.35 | 3,169 | 5,852 | 1,526 |
Change in Working Capital | -3,568 | -3,007 | -7,301 | 1,541 | -4,794 | -3,689 |