Daqo New Energy Corp. (DQ)

Daqo New Energy Balance Sheet

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

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar 31, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Cash & Equivalents	559.42	856.05	1,007	3,039	3,499	723.78
Short-Term Investments	1,357	1,086	1,097	-	13.93	280.25
Cash & Short-Term Investments	1,917	1,942	2,103	3,039	3,513	1,004
Cash Growth	-8.08%	-7.65%	-30.78%	-13.51%	249.93%	1210.81%
Accounts Receivable	20.78	135.5	55.15	116.36	1,132	365.91
Other Receivables	-	0.02	-	0.03	0.02	-
Total Trade Receivables	20.78	135.52	55.15	116.39	1,132	365.91
Inventory	258.28	169.1	149.94	173.27	169.52	327.77
Other Current Assets	365.92	449.16	323.09	248.09	74.65	45.27
Total Current Assets	2,562	2,696	2,632	3,577	4,889	1,743
Net Property, Plant & Equipment	3,396	3,399	3,499	3,626	2,605	1,559
Other Intangible Assets	157.39	155.58	152.87	150.36	80.33	40.74
Other Long-Term Assets	223.58	198.52	134.62	73.51	19.41	0.82
Total Assets	6,339	6,449	6,418	7,427	7,594	3,344
Accounts Payable	370.11	408.62	440.01	513.9	333	224.41
Accrued Expenses	-	39.08	33.82	162.89	273.13	112.32
Unearned Revenue	23.54	48.79	37.19	148.98	121.99	202.96
Other Current Liabilities	32.08	5.13	10.21	10.66	8.42	10.82
Total Current Liabilities	425.74	501.62	521.24	836.43	736.54	550.5
Other Long-Term Liabilities	5.51	31.39	39.14	142.15	252.95	129.32
Total Long-Term Liabilities	5.51	31.39	39.14	142.15	252.95	129.32
Total Liabilities	449.58	533.01	560.38	978.58	989.49	679.82
Common Stock	-	0.04	0.04	0.04	0.04	0.04
Treasury Stock	-	-617.61	-617.61	-612.61	-126.68	-1.75
Additional Paid-in Capital	-	2,465	2,409	2,340	2,211	1,017
Accumulated Other Comprehensive Income	-	-252.91	-413.21	-294	-176.03	67.77
Retained Earnings	-	2,813	2,983	3,328	2,899	1,079
Total Common Shareholders' Equity	4,393	4,407	4,361	4,762	4,807	2,162
Minority Interest	1,497	1,510	1,497	1,686	1,797	501.87
Shareholders' Equity	5,890	5,916	5,858	6,448	6,605	2,664
Total Liabilities & Equity	6,339	6,449	6,418	7,427	7,594	3,344
Net Cash (Debt)	1,917	1,942	2,103	3,039	3,513	1,004
Net Cash Growth	-1.31%	-7.65%	-30.78%	-13.51%	249.93%	-
Net Cash Per Share	28.39	28.84	31.79	40.54	45.46	13.08
Book Value	4,393	4,407	4,361	4,762	4,807	2,162
Book Value Per Share	65.05	65.43	65.92	63.52	62.20	28.17
Tangible Book Value	4,235	4,251	4,208	4,612	4,727	2,121
Tangible Book Value Per Share	62.72	63.12	63.61	61.52	61.16	27.64

Updated Apr 29, 2026. Data Source: Fiscal.ai. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q