← DAQO NEW ENERGY CORP.
| Annual Trend | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||||
| Current assets: | |||||||||||
| Cash and Cash Equivalents, at Carrying Value | $16.0m | $60.7m | $65.4m | $52.7m | $76.6m | $723.8m | $3.5b | $3.0b | $1.0b | $856.1m | |
| Prepaid Expense and Other Assets, Current | $8.0m | $8.2m | $10.3m | $15.3m | $11.5m | $41.7m | $52.9m | $224.6m | $280.9m | $303.1m | |
| Short-term Investments | — | — | $21.8m | — | — | $280.3m | $13.9m | $0 | — | — | |
| Inventory, Net | $12.3m | $19.6m | $15.4m | $36.4m | $42.2m | $327.8m | $169.5m | $173.3m | $149.9m | $169.1m | |
| Assets, Current | $73.3m | $142.4m | $160.1m | $174.3m | $180.3m | $1.7b | $4.9b | $3.6b | $2.6b | $2.7b | |
| Property, Plant and Equipment, Net | $557.4m | $579.1m | $611.6m | $995.0m | $1.0b | $1.6b | $2.6b | $3.6b | $3.5b | $3.4b | |
| Operating Lease, Right-of-Use Asset | — | — | — | $197k | $119k | — | — | — | — | — | |
| Other Assets, Noncurrent | — | — | — | — | $153k | $820k | $735k | $28.3m | $21.8m | $21.8m | |
| Additional Financial Items | |||||||||||
| Accounts Receivable, after Allowance for Credit Loss, Current | $4.8m | $3.0m | $1.2m | $13k | $0 | $0 | $0 | — | — | — | |
| Assets | $656.7m | $748.8m | $854.9m | $1.2b | $1.2b | $3.3b | $7.6b | $7.4b | $6.4b | $6.4b | |
| LIABILITIES AND EQUITY | |||||||||||
| Current liabilities: | |||||||||||
| Operating Lease, Liability, Current | — | — | — | $85k | $82k | — | — | — | — | — | |
| Accounts Payable, Current | $18.7m | $22.4m | $9.2m | $12.7m | $19.0m | $81.5m | $81.9m | $92.9m | $26.4m | $26.6m | |
| Operating Lease, Liability, Noncurrent | — | — | — | $77k | $0 | — | — | — | — | — | |
| Long-term Debt, Excluding Current Maturities | $111.9m | $113.6m | $133.3m | $151.5m | $123.2m | $0 | — | — | — | — | |
| Long-term Debt, Current Maturities | $50.4m | $30.9m | $4.1m | $49.5m | $55.1m | $0 | — | — | — | — | |
| Liabilities, Current | $249.8m | $216.5m | $149.9m | $445.1m | $284.1m | $550.5m | $736.5m | $836.4m | $521.2m | $501.6m | |
| Deferred Income Tax Liabilities, Net | — | — | — | $6.4m | $3.5m | $16.7m | $80.5m | $10.2m | $544k | $519k | |
| Deferred Tax Liabilities, Net | — | — | — | $6.4m | — | $16.7m | $80.5m | $10.2m | $544k | $519k | |
| Liabilities | $385.0m | $354.3m | $329.8m | $634.2m | $440.2m | $679.8m | $989.5m | $978.6m | $560.4m | $533.0m | |
| Stockholders’ equity: | |||||||||||
| Retained Earnings (Accumulated Deficit) | $40.4m | $133.3m | $171.4m | $200.9m | $330.1m | $1.1b | $2.9b | $3.3b | $3.0b | $2.8b | |
| Accumulated Other Comprehensive Income (Loss), Net of Tax | ($8.7m) | $13.1m | ($13.2m) | ($19.9m) | $26.3m | $67.8m | ($176.0m) | ($294.0m) | ($413.2m) | ($252.9m) | |
| Additional Paid in Capital, Common Stock | $240.1m | $247.1m | $368.7m | $387.4m | $412.4m | $1.0b | $2.2b | $2.3b | $2.4b | $2.5b | |
| Stockholders' Equity Attributable to Parent | $270.1m | $391.7m | $525.1m | $566.6m | $767.1m | $2.2b | $4.8b | $4.8b | $4.4b | $4.4b | |
| Stockholders' Equity Attributable to Noncontrolling Interest | $1.6m | $2.8m | $0 | $516k | $31.8m | $501.9m | $1.8b | $1.7b | $1.5b | $1.5b | |
| Liabilities and Equity | $656.7m | $748.8m | $854.9m | $1.2b | $1.2b | $3.3b | $7.6b | $7.4b | $6.4b | $6.4b |
Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.