Daqo New Energy Corp.
Balance Sheet
Last updated:
The balance sheet is a financial statement presenting the value of assets, liabilities and equity of a company. How has Daqo New Energy Corp.'s balance sheet done over the years? Its assets were worth $7,426,866,000 last year, which is less than in the previous period. 13% of Daqo New Energy Corp.’s total assets is currently financed by debt. Its liabilities reached the amount of $978,582,001, which means an increase by 3% compared compared to last year.
Debt to Assets
| 2014 | 710131000 | 503.36M | 70.88% |
|---|---|---|---|
| 2015 | 660852000 | 419.19M | 63.43% |
| 2016 | 656709000 | 384.97M | 58.62% |
| 2017 | 748783000 | 354.25M | 47.31% |
| 2018 | 854929000 | 329.79M | 38.58% |
| 2019 | 1201356000 | 634.19M | 52.79% |
| 2020 | 1239143000 | 440.22M | 35.53% |
| 2021 | 3343651000 | 672.52M | 20.11% |
| 2022 | 7592982000 | 948.23M | 12.49% |
| 2023 | 7426866000 | 978.58M | 13.18% |
DQ Balance Sheet (2014 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
Assets | ||||||||||
Current assets: | ||||||||||
Cash and cash equivalents | 3.03B | 3.52B | 723.96M | 76.59M | 51.84M | 65.41M | 60.67M | 15.98M | 14.49M | 7.06M |
Short term investments | 0 | 13.92M | 280.25M | 0 | 0 | 21.80M | 0 | 0 | 0 | 0 |
Net receivables | 116.39M | 1.13B | 365.91M | 282K | 5.67M | 10.10M | 21.47M | 19.39M | 31.18M | 63.50M |
Inventory | 173.27M | 169.51M | 327.77M | 42.15M | 36.39M | 15.44M | 19.60M | 12.28M | 10.71M | 9.58M |
Other current assets | 238.95M | 53.8M | 45.08M | 11.47M | 15.34M | 10.33M | 45.79M | 8.02M | 32.38M | 41.79M |
Total current assets | 3.57B | 4.88B | 1.74B | 180.27M | 174.32M | 160.06M | 142.36M | 73.30M | 88.77M | 121.94M |
Non-current assets: | ||||||||||
Property, Plant and Equipment | 3.62B | 2.60B | 1.55B | 1.02B | 995.22M | 611.61M | 579.12M | 557.42M | 544.32M | 559.00M |
Goodwill | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Intangible assets | 150.35M | 80.33M | 40.74M | 30.82M | 29.59M | 22.24M | 25.88M | 24.81M | 27.12M | 29.00M |
Long term investments | 25.03M | 16.86M | 0 | 685K | 642K | 650K | 687K | 582K | 1 | 0 |
Other non-current assets | 45.05M | -378K | 820K | 153K | 217K | 59.52M | 0 | 0 | -1 | 169K |
Total non-current assets | 3.85B | 2.70B | 1.60B | 1.05B | 1.02B | 694.86M | 606.41M | 583.40M | 572.07M | 588.18M |
Total assets | 7.42B | 7.59B | 3.34B | 1.23B | 1.20B | 854.92M | 748.78M | 656.70M | 660.85M | 710.13M |
Liabilities | ||||||||||
| Current liabilities: | ||||||||||
Accounts payable | ||||||||||
Deferred revenue | 148.98M | 121.99M | 202.95M | 37.78M | 33.02M | 10.21M | 16.69M | 7.52M | 8.18M | 7.30M |
Short term debt | 0 | 20.68M | 142.93M | 119.86M | 229.86M | 67.41M | 73.78M | 131.71M | 164.50M | 208.74M |
Total current liabilities | 836.42M | 734.83M | 550.49M | 284.13M | 445.14M | 149.85M | 216.51M | 249.75M | 275.39M | 396.06M |
| Non-current liabilities: | ||||||||||
Long term debt | 0 | 0 | -16.72M | 123.22M | 151.59M | 133.31M | 111.43M | 111.94M | 118.54M | 77.33M |
Deferred tax | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Other non-current liabilities | 18.14M | -20.31M | 31.36M | 4.23M | 28.93M | 38.17M | 2.99M | 23.28M | 0 | 0 |
Total non-current liabilities | 142.15M | 213.40M | 122.02M | 156.09M | 189.05M | 179.94M | 137.74M | 135.22M | 143.80M | 107.29M |
Total liabilities | 978.58M | 948.23M | 672.52M | 440.22M | 634.19M | 329.79M | 354.25M | 384.97M | 419.19M | 503.36M |
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