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DAQO NEW ENERGY CORP.

$14.73 ▲ +1.17 (+8.63%) at close

16 Visible periods

32 Metrics

Peer-ranked Benchmarks

Price Chart

Health

Poor

Bearish

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Analytical Summary

DAQO NEW ENERGY CORP. faces fundamental challenges with weakness in Profit Margin (%) and Operating Margin (%). The fundamentals warrant careful consideration of downside risks.

Market Cap $5.0B

Dividend Yield —

Revenue Growth -35.3% ↗

Op. Margin -40.6% ↗

ROIC -5.6% ↗

FCF / Share $-0.37 ↗

Trailing P/E —

Price / Book 1.1x

FCF Yield —

Debt / Equity —

info Valuation on last close. End-of-day price, Aug 7, 2026.

16-Year Financial Trajectory

Annual

Metric Value Trend Year over Year Percentile

Revenue Total top-line sales

$665.41M

↓ -35.3% —

Net Income Profit after all expenses

$-170.51M

↑ +50.6% —

Operating Margin Operating profit as % of sales

-40.6%

↑ +25.9% 6th

FCF / Share Free cash flow per share

$-0.37

↑ +84.7% —

Long-Term Debt Long-term obligations

$0.00

↓ -100.0% —

trending_up

Bullish Indicators

No bullish signals detected.

warning

Bearish Risks

Operating Margin (%)Operating Margin (%) is in the bottom quartile
Profit Margin (%)Profit Margin (%) is in the bottom quartile

Health Breakdown

Profitability

Returns

Cash Quality ↑

Financial view

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📈 Is growth accelerating? 7 metrics

Metric	FY 2025 Dec 31, 2025 20-F ↗	FY 2024 Dec 31, 2024 20-F ↗	FY 2023 Dec 31, 2023 20-F ↗	FY 2022 Dec 31, 2022 20-F ↗	FY 2021 Dec 31, 2021 20-F ↗	FY 2020 Dec 31, 2020 20-F ↗	FY 2019 Dec 31, 2019 20-F ↗	FY 2018 Dec 31, 2018 20-F ↗	FY 2017 Dec 31, 2017 20-F ↗	FY 2016 Dec 31, 2016 20-F ↗	FY 2015 Dec 31, 2015 20-F ↗	FY 2014 Dec 31, 2014 20-F ↗	FY 2013 Dec 31, 2013 20-F ↗	FY 2012 Dec 31, 2012 20-F ↗	FY 2011 Dec 31, 2011 20-F ↗	FY 2010 Dec 31, 2010 20-F ↗
Revenue Growth YoY (%)	-35.3% Weak ↓ Weak Declining Year-over-year change in total revenue Optimal: > 10% vs Sector: Below avg (-394%)	-55.4% Weak ↓ Weak Declining Year-over-year change in total revenue Optimal: > 10% vs Sector: Below avg (-562%)	-49.9% Weak ↓ Weak Declining Year-over-year change in total revenue Optimal: > 10% vs Sector: Below avg (-516%)	174.5% Excellent ↑ Excellent Improving Year-over-year change in total revenue Optimal: > 10% vs Sector: Above avg (+1354%)	148.5% Excellent ↑ Excellent Improving Year-over-year change in total revenue Optimal: > 10% vs Sector: Above avg (+1137%)	93.0% Excellent ↑ Excellent Improving Year-over-year change in total revenue Optimal: > 10% vs Sector: Above avg (+675%)	16.0% Good ↓ Good Declining Year-over-year change in total revenue Optimal: > 10% vs Sector: Above avg (+34%)	-14.5% Weak ↓ Weak Declining Year-over-year change in total revenue Optimal: > 10% vs Sector: Below avg (-221%)	54.0% Excellent ↑ Excellent Improving Year-over-year change in total revenue Optimal: > 10% vs Sector: Above avg (+350%)	25.9% Excellent ↓ Excellent Declining Year-over-year change in total revenue Optimal: > 10% vs Sector: Above avg (+115%)	-0.3% Weak ↓ Weak Declining Year-over-year change in total revenue Optimal: > 10% vs Sector: Below avg (-102%)	67.5% Excellent ↑ Excellent Improving Year-over-year change in total revenue Optimal: > 10% vs Sector: Above avg (+462%)	25.5% Excellent Excellent Year-over-year change in total revenue Optimal: > 10% vs Sector: Above avg (+112%)	-62.6% Weak Weak Year-over-year change in total revenue Optimal: > 10% vs Sector: Below avg (-622%)	—	—
EPS Growth YoY (%)	51.0% Excellent ↑ Excellent Improving Year-over-year change in earnings per share Optimal: > 10%	N/M	-76.0% Weak ↓ Weak Declining Year-over-year change in earnings per share Optimal: > 10%	136.5% Excellent ↓ Excellent Declining Year-over-year change in earnings per share Optimal: > 10%	463.9% Excellent ↑ Excellent Improving Year-over-year change in earnings per share Optimal: > 10%	300.0% Excellent ↑ Excellent Improving Year-over-year change in earnings per share Optimal: > 10%	-25.0% Weak ↓ Weak Declining Year-over-year change in earnings per share Optimal: > 10%	-65.7% Weak ↓ Weak Declining Year-over-year change in earnings per share Optimal: > 10%	105.9% Excellent → Excellent Stable Year-over-year change in earnings per share Optimal: > 10%	240.0% Excellent ↑ Excellent Improving Year-over-year change in earnings per share Optimal: > 10%	-37.5% Weak Weak Year-over-year change in earnings per share Optimal: > 10%	N/M	35.9% Excellent Excellent Year-over-year change in earnings per share Optimal: > 10%	N/M	—	—
Net Income Growth YoY (%)	50.6% Excellent ↑ Excellent Improving Year-over-year change in net income	N/M	-76.4% Weak ↓ Weak Declining Year-over-year change in net income	143.0% Excellent ↓ Excellent Declining Year-over-year change in net income	479.7% Excellent ↑ Excellent Improving Year-over-year change in net income	337.6% Excellent ↑ Excellent Improving Year-over-year change in net income	-22.6% Weak ↓ Weak Declining Year-over-year change in net income	-58.9% Weak ↓ Weak Declining Year-over-year change in net income	113.5% Excellent ↑ Excellent Improving Year-over-year change in net income	235.7% Excellent ↑ Excellent Improving Year-over-year change in net income	-22.2% Weak Weak Year-over-year change in net income	N/M	36.6% Excellent Excellent Year-over-year change in net income	N/M	—	—
FCF Growth YoY (%)	84.7% Excellent ↓ Excellent Declining Year-over-year change in free cash flow	N/M	-59.2% Weak ↓ Weak Declining Year-over-year change in free cash flow	771.3% Excellent ↑ Excellent Improving Year-over-year change in free cash flow	47.8% Excellent Excellent Year-over-year change in free cash flow	N/M	-89.4% Weak Weak Year-over-year change in free cash flow	N/M	137.0% Excellent Excellent Year-over-year change in free cash flow	—	—	—	—	—	—	—
Revenue CAGR 3Y (%)	-47.5% Weak ↓ Weak Declining Compound annual revenue growth over 3 years	-15.1% Weak ↓ Weak Declining Compound annual revenue growth over 3 years	50.6% Excellent ↓ Excellent Declining Compound annual revenue growth over 3 years	136.1% Excellent ↑ Excellent Improving Compound annual revenue growth over 3 years	77.2% Excellent ↑ Excellent Improving Compound annual revenue growth over 3 years	24.2% Excellent ↑ Excellent Improving Compound annual revenue growth over 3 years	15.2% Excellent ↓ Excellent Declining Compound annual revenue growth over 3 years	18.3% Excellent ↓ Excellent Declining Compound annual revenue growth over 3 years	24.6% Excellent ↑ Excellent Improving Compound annual revenue growth over 3 years	28.1% Excellent ↑ Excellent Improving Compound annual revenue growth over 3 years	28.0% Excellent Excellent Compound annual revenue growth over 3 years	-7.7% Weak Weak Compound annual revenue growth over 3 years	—	—	—	—
Revenue CAGR 5Y (%)	-0.3% Weak ↓ Weak Declining Compound annual revenue growth over 5 years	24.1% Excellent ↓ Excellent Declining Compound annual revenue growth over 5 years	50.2% Excellent → Excellent Stable Compound annual revenue growth over 5 years	67.2% Excellent ↑ Excellent Improving Compound annual revenue growth over 5 years	48.9% Excellent ↑ Excellent Improving Compound annual revenue growth over 5 years	30.0% Excellent ↑ Excellent Improving Compound annual revenue growth over 5 years	13.9% Excellent ↓ Excellent Declining Compound annual revenue growth over 5 years	22.6% Excellent ↑ Excellent Improving Compound annual revenue growth over 5 years	32.4% Excellent Excellent Compound annual revenue growth over 5 years	-0.3% Weak Weak Compound annual revenue growth over 5 years	—	—	—	—	—	—
EPS CAGR 3Y (%)	—	—	47.3% Excellent ↓ Excellent Declining Compound annual EPS growth over 3 years	276.4% Excellent ↑ Excellent Improving Compound annual EPS growth over 3 years	156.7% Excellent ↑ Excellent Improving Compound annual EPS growth over 3 years	0.9% Caution ↓ Caution Declining Compound annual EPS growth over 3 years	-19.1% Weak ↓ Weak Declining Compound annual EPS growth over 3 years	33.9% Excellent Excellent Compound annual EPS growth over 3 years	63.6% Excellent Excellent Compound annual EPS growth over 3 years	—	—	-25.0% Weak Weak Compound annual EPS growth over 3 years	—	—	—	—

💰 Are margins durable? 5 metrics

Metric	FY 2025 Dec 31, 2025 20-F ↗	FY 2024 Dec 31, 2024 20-F ↗	FY 2023 Dec 31, 2023 20-F ↗	FY 2022 Dec 31, 2022 20-F ↗	FY 2021 Dec 31, 2021 20-F ↗	FY 2020 Dec 31, 2020 20-F ↗	FY 2019 Dec 31, 2019 20-F ↗	FY 2018 Dec 31, 2018 20-F ↗	FY 2017 Dec 31, 2017 20-F ↗	FY 2016 Dec 31, 2016 20-F ↗	FY 2015 Dec 31, 2015 20-F ↗	FY 2014 Dec 31, 2014 20-F ↗	FY 2013 Dec 31, 2013 20-F ↗	FY 2012 Dec 31, 2012 20-F ↗	FY 2011 Dec 31, 2011 20-F ↗	FY 2010 Dec 31, 2010 20-F ↗
Operating Margin (%) (%)	-40.6% Weak ↓ Weak Declining Operating income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-303%)	-54.8% Weak ↓ Weak Declining Operating income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-374%)	33.9% Excellent ↓ Excellent Declining Operating income as a percentage of revenue Optimal: > 15% vs Sector: Above avg (+70%)	66.0% Excellent ↑ Excellent Improving Operating income as a percentage of revenue Optimal: > 15% vs Sector: Above avg (+230%)	62.6% Excellent ↑ Excellent Improving Operating income as a percentage of revenue Optimal: > 15% vs Sector: Above avg (+213%)	27.8% Excellent ↑ Excellent Improving Operating income as a percentage of revenue Optimal: > 15% vs Sector: Above avg (+39%)	13.6% Fair ↓ Fair Declining Operating income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-32%)	26.9% Excellent → Excellent Stable Operating income as a percentage of revenue Optimal: > 15% vs Sector: Above avg (+35%)	36.5% Excellent ↑ Excellent Improving Operating income as a percentage of revenue Optimal: > 15% vs Sector: Above avg (+82%)	28.6% Excellent ↑ Excellent Improving Operating income as a percentage of revenue Optimal: > 15% vs Sector: Above avg (+43%)	14.4% Fair ↑ Fair Improving Operating income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-28%)	17.5% Fair ↑ Fair Improving Operating income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-12%)	-184.1% Weak ↓ Weak Declining Operating income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-1020%)	-101.9% Weak Weak Operating income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-610%)	21.9% Good Good Operating income as a percentage of revenue Optimal: > 15% vs Sector: Above avg (+9%)	—
Effective Tax Rate (%) (%)	8.9% Excellent ↓ Excellent Declining Actual taxes paid relative to pre-tax income Optimal: 15-25%	13.5% Excellent ↓ Excellent Declining Actual taxes paid relative to pre-tax income Optimal: 15-25%	20.2% Good ↑ Good Improving Actual taxes paid relative to pre-tax income Optimal: 15-25%	18.9% Good → Good Stable Actual taxes paid relative to pre-tax income Optimal: 15-25%	16.4% Good ↓ Good Declining Actual taxes paid relative to pre-tax income Optimal: 15-25%	17.4% Good ↓ Good Declining Actual taxes paid relative to pre-tax income Optimal: 15-25%	25.4% Caution ↑ Caution Improving Actual taxes paid relative to pre-tax income Optimal: 15-25%	15.9% Good ↑ Good Improving Actual taxes paid relative to pre-tax income Optimal: 15-25%	15.6% Good ↑ Good Improving Actual taxes paid relative to pre-tax income Optimal: 15-25%	14.3% Excellent ↑ Excellent Improving Actual taxes paid relative to pre-tax income Optimal: 15-25%	8.0% Excellent ↑ Excellent Improving Actual taxes paid relative to pre-tax income Optimal: 15-25%	—	-0.6% Excellent ↑ Excellent Improving Actual taxes paid relative to pre-tax income Optimal: 15-25%	-10.0% Excellent Excellent Actual taxes paid relative to pre-tax income Optimal: 15-25%	6.2% Excellent Excellent Actual taxes paid relative to pre-tax income Optimal: 15-25%	—
Profit Margin (%) (%)	-25.6% Weak ↓ Weak Declining Net income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-271%)	-33.5% Weak ↓ Weak Declining Net income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-324%)	18.6% Good ↓ Good Declining Net income as a percentage of revenue Optimal: > 15% vs Sector: Above avg (+24%)	39.5% Excellent ↑ Excellent Improving Net income as a percentage of revenue Optimal: > 15% vs Sector: Above avg (+163%)	44.6% Excellent ↑ Excellent Improving Net income as a percentage of revenue Optimal: > 15% vs Sector: Above avg (+197%)	19.1% Good ↑ Good Improving Net income as a percentage of revenue Optimal: > 15% vs Sector: Above avg (+27%)	8.4% Caution ↓ Caution Declining Net income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-44%)	12.6% Fair ↓ Fair Declining Net income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-16%)	26.3% Excellent ↑ Excellent Improving Net income as a percentage of revenue Optimal: > 15% vs Sector: Above avg (+75%)	19.0% Good ↑ Good Improving Net income as a percentage of revenue Optimal: > 15% vs Sector: Above avg (+27%)	7.1% Caution ↑ Caution Improving Net income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-53%)	9.1% Caution ↑ Caution Improving Net income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-39%)	-65.1% Weak ↓ Weak Declining Net income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-534%)	-128.9% Weak Weak Net income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-959%)	14.4% Fair Fair Net income as a percentage of revenue Optimal: > 15% vs Sector: At sector avg	—
FCF Margin (%) (%)	-18.5% Weak ↓ Weak Declining Free cash flow as a percentage of revenue Optimal: > 10%	-77.2% Weak ↓ Weak Declining Free cash flow as a percentage of revenue Optimal: > 10%	21.9% Excellent ↑ Excellent Improving Free cash flow as a percentage of revenue Optimal: > 10%	27.3% Excellent ↑ Excellent Improving Free cash flow as a percentage of revenue Optimal: > 10%	8.4% Caution ↑ Caution Improving Free cash flow as a percentage of revenue Optimal: > 10%	13.5% Fair ↑ Fair Improving Free cash flow as a percentage of revenue Optimal: > 10%	-28.0% Weak ↓ Weak Declining Free cash flow as a percentage of revenue Optimal: > 10%	-15.8% Weak ↓ Weak Declining Free cash flow as a percentage of revenue Optimal: > 10%	21.2% Excellent Excellent Free cash flow as a percentage of revenue Optimal: > 10%	13.6% Fair Fair Free cash flow as a percentage of revenue Optimal: > 10%	—	—	—	—	—	—
FCF / Net Income (x)	0.72x Caution ↓ Caution Declining Free cash flow relative to reported net income Optimal: > 1x	2.30x Excellent ↑ Excellent Improving Free cash flow relative to reported net income Optimal: > 1x	1.18x Fair ↑ Fair Improving Free cash flow relative to reported net income Optimal: > 1x	0.69x Weak ↑ Weak Improving Free cash flow relative to reported net income Optimal: > 1x	0.19x Weak ↑ Weak Improving Free cash flow relative to reported net income Optimal: > 1x	0.71x Caution ↑ Caution Improving Free cash flow relative to reported net income Optimal: > 1x	-3.32x Weak ↓ Weak Declining Free cash flow relative to reported net income Optimal: > 1x	-1.25x Weak ↓ Weak Declining Free cash flow relative to reported net income Optimal: > 1x	0.81x Caution Caution Free cash flow relative to reported net income Optimal: > 1x	0.72x Caution Caution Free cash flow relative to reported net income Optimal: > 1x	—	—	—	—	—	—

🎯 Is capital allocation efficient? 3 metrics

Metric	FY 2025 Dec 31, 2025 20-F ↗	FY 2024 Dec 31, 2024 20-F ↗	FY 2023 Dec 31, 2023 20-F ↗	FY 2022 Dec 31, 2022 20-F ↗	FY 2021 Dec 31, 2021 20-F ↗	FY 2020 Dec 31, 2020 20-F ↗	FY 2019 Dec 31, 2019 20-F ↗	FY 2018 Dec 31, 2018 20-F ↗	FY 2017 Dec 31, 2017 20-F ↗	FY 2016 Dec 31, 2016 20-F ↗	FY 2015 Dec 31, 2015 20-F ↗	FY 2014 Dec 31, 2014 20-F ↗	FY 2013 Dec 31, 2013 20-F ↗	FY 2012 Dec 31, 2012 20-F ↗	FY 2011 Dec 31, 2011 20-F ↗	FY 2010 Dec 31, 2010 20-F ↗
Return on Invested Capital (%)	-5.6% Weak ↓ Weak Declining Return earned on debt + equity capital invested Optimal: > 10%	-11.2% Weak ↓ Weak Declining Return earned on debt + equity capital invested Optimal: > 10%	13.1% Good ↓ Good Declining Return earned on debt + equity capital invested Optimal: > 10%	51.3% Excellent ↑ Excellent Improving Return earned on debt + equity capital invested Optimal: > 10%	40.6% Excellent ↑ Excellent Improving Return earned on debt + equity capital invested Optimal: > 10%	20.2% Excellent ↑ Excellent Improving Return earned on debt + equity capital invested Optimal: > 10%	4.6% Caution ↓ Caution Declining Return earned on debt + equity capital invested Optimal: > 10%	10.4% Good ↓ Good Declining Return earned on debt + equity capital invested Optimal: > 10%	20.3% Excellent ↑ Excellent Improving Return earned on debt + equity capital invested Optimal: > 10%	14.7% Good ↑ Good Improving Return earned on debt + equity capital invested Optimal: > 10%	5.9% Caution ↑ Caution Improving Return earned on debt + equity capital invested Optimal: > 10%	7.2% Fair ↑ Fair Improving Return earned on debt + equity capital invested Optimal: > 10%	-62.6% Weak Weak Return earned on debt + equity capital invested Optimal: > 10%	-25.0% Weak Weak Return earned on debt + equity capital invested Optimal: > 10%	—	—
Return on Capital (%) (%)	-4.2% Weak ↓ Weak Declining Operating profit relative to total assets Optimal: > 10%	-8.8% Weak ↓ Weak Declining Operating profit relative to total assets Optimal: > 10%	10.5% Good ↓ Good Declining Operating profit relative to total assets Optimal: > 10%	40.0% Excellent ↑ Excellent Improving Operating profit relative to total assets Optimal: > 10%	31.4% Excellent ↑ Excellent Improving Operating profit relative to total assets Optimal: > 10%	15.2% Excellent ↑ Excellent Improving Operating profit relative to total assets Optimal: > 10%	4.0% Weak ↓ Weak Declining Operating profit relative to total assets Optimal: > 10%	9.5% Fair ↓ Fair Declining Operating profit relative to total assets Optimal: > 10%	17.2% Excellent ↑ Excellent Improving Operating profit relative to total assets Optimal: > 10%	10.0% Fair ↑ Fair Improving Operating profit relative to total assets Optimal: > 10%	4.0% Weak ↑ Weak Improving Operating profit relative to total assets Optimal: > 10%	4.5% Caution ↑ Caution Improving Operating profit relative to total assets Optimal: > 10%	-32.9% Weak Weak Operating profit relative to total assets Optimal: > 10%	-10.8% Weak Weak Operating profit relative to total assets Optimal: > 10%	—	—
Return on Common Equity (%) (%)	-3.9% Weak ↓ Weak Declining Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Below avg (-121%)	-7.9% Weak ↓ Weak Declining Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Below avg (-143%)	9.0% Caution ↓ Caution Declining Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Below avg (-51%)	37.9% Excellent ↑ Excellent Improving Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Above avg (+105%)	34.6% Excellent ↑ Excellent Improving Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Above avg (+87%)	16.8% Good ↑ Good Improving Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Below avg (-9%)	5.2% Caution ↓ Caution Declining Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Below avg (-72%)	7.3% Caution ↓ Caution Declining Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Below avg (-61%)	23.7% Excellent ↑ Excellent Improving Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Above avg (+28%)	16.1% Good ↑ Good Improving Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Below avg (-13%)	5.4% Caution ↑ Caution Improving Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Below avg (-71%)	8.1% Caution ↑ Caution Improving Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Below avg (-56%)	-51.7% Weak Weak Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Below avg (-379%)	-55.4% Weak Weak Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Below avg (-399%)	—	—

⚖️ Is the balance sheet risky? 4 metrics

Metric	FY 2025 Dec 31, 2025 20-F ↗	FY 2024 Dec 31, 2024 20-F ↗	FY 2023 Dec 31, 2023 20-F ↗	FY 2022 Dec 31, 2022 20-F ↗	FY 2021 Dec 31, 2021 20-F ↗	FY 2020 Dec 31, 2020 20-F ↗	FY 2019 Dec 31, 2019 20-F ↗	FY 2018 Dec 31, 2018 20-F ↗	FY 2017 Dec 31, 2017 20-F ↗	FY 2016 Dec 31, 2016 20-F ↗	FY 2015 Dec 31, 2015 20-F ↗	FY 2014 Dec 31, 2014 20-F ↗	FY 2013 Dec 31, 2013 20-F ↗	FY 2012 Dec 31, 2012 20-F ↗	FY 2011 Dec 31, 2011 20-F ↗	FY 2010 Dec 31, 2010 20-F ↗
Debt to Equity (x)	—	—	—	—	0.00x Excellent ↓ Excellent Declining Total debt relative to shareholder equity Optimal: < 0.6x vs Sector: Below avg (-100%)	0.09x Excellent ↓ Excellent Declining Total debt relative to shareholder equity Optimal: < 0.6x vs Sector: Below avg (-80%)	0.58x Good ↑ Good Improving Total debt relative to shareholder equity Optimal: < 0.6x vs Sector: Above avg (+29%)	0.33x Good ↓ Good Declining Total debt relative to shareholder equity Optimal: < 0.6x vs Sector: Below avg (-27%)	0.37x Good ↓ Good Declining Total debt relative to shareholder equity Optimal: < 0.6x vs Sector: Below avg (-18%)	0.41x Good ↓ Good Declining Total debt relative to shareholder equity Optimal: < 0.6x vs Sector: Below avg (-8%)	0.71x Fair ↓ Fair Declining Total debt relative to shareholder equity Optimal: < 0.6x vs Sector: Above avg (+57%)	1.15x Caution ↓ Caution Declining Total debt relative to shareholder equity Optimal: < 0.6x vs Sector: Above avg (+155%)	1.85x Weak Weak Total debt relative to shareholder equity Optimal: < 0.6x vs Sector: Above avg (+311%)	1.18x Caution Caution Total debt relative to shareholder equity Optimal: < 0.6x vs Sector: Above avg (+163%)	—	—
Interest Coverage (x)	—	—	166.02x Excellent ↑ Excellent Improving Operating income divided by interest expense Optimal: > 5x	383.63x Excellent ↑ Excellent Improving Operating income divided by interest expense Optimal: > 5x	51.33x Excellent ↑ Excellent Improving Operating income divided by interest expense Optimal: > 5x	7.05x Good ↑ Good Improving Operating income divided by interest expense Optimal: > 5x	4.57x Fair ↓ Fair Declining Operating income divided by interest expense Optimal: > 5x	7.55x Good ↑ Good Improving Operating income divided by interest expense Optimal: > 5x	7.15x Good ↑ Good Improving Operating income divided by interest expense Optimal: > 5x	4.49x Fair ↑ Fair Improving Operating income divided by interest expense Optimal: > 5x	1.99x Caution ↑ Caution Improving Operating income divided by interest expense Optimal: > 5x	2.05x Caution ↑ Caution Improving Operating income divided by interest expense Optimal: > 5x	-10.37x Weak ↓ Weak Declining Operating income divided by interest expense Optimal: > 5x	-5.74x Weak Weak Operating income divided by interest expense Optimal: > 5x	5.48x Good Good Operating income divided by interest expense Optimal: > 5x	—
Net Debt (USD)	$-856.05M	$-1.01B	$-3.04B	$-3.50B	$-723.77M	$-5.99M	$276.99M	$105.12M	$83.81M	$95.96M	$155.63M	$230.07M	$245.91M	$232.12M	$-92.70M	$-203.64M
Debt / EBITDA (x)	—	—	—	—	0.00x Excellent ↓ Excellent Declining Debt relative to earnings before interest, taxes, depreciation Optimal: < 2x	0.28x Excellent ↓ Excellent Declining Debt relative to earnings before interest, taxes, depreciation Optimal: < 2x	3.48x Caution ↑ Caution Improving Debt relative to earnings before interest, taxes, depreciation Optimal: < 2x	1.57x Good → Good Stable Debt relative to earnings before interest, taxes, depreciation Optimal: < 2x	0.86x Excellent ↓ Excellent Declining Debt relative to earnings before interest, taxes, depreciation Optimal: < 2x	1.13x Good ↓ Good Declining Debt relative to earnings before interest, taxes, depreciation Optimal: < 2x	2.95x Fair ↑ Fair Improving Debt relative to earnings before interest, taxes, depreciation Optimal: < 2x	3.95x Caution ↑ Caution Improving Debt relative to earnings before interest, taxes, depreciation Optimal: < 2x	-1.71x Excellent Excellent Debt relative to earnings before interest, taxes, depreciation Optimal: < 2x	-4.67x Excellent Excellent Debt relative to earnings before interest, taxes, depreciation Optimal: < 2x	—	—

📊 What does each share earn? 6 metrics

Metric	FY 2025 Dec 31, 2025 20-F ↗	FY 2024 Dec 31, 2024 20-F ↗	FY 2023 Dec 31, 2023 20-F ↗	FY 2022 Dec 31, 2022 20-F ↗	FY 2021 Dec 31, 2021 20-F ↗	FY 2020 Dec 31, 2020 20-F ↗	FY 2019 Dec 31, 2019 20-F ↗	FY 2018 Dec 31, 2018 20-F ↗	FY 2017 Dec 31, 2017 20-F ↗	FY 2016 Dec 31, 2016 20-F ↗	FY 2015 Dec 31, 2015 20-F ↗	FY 2014 Dec 31, 2014 20-F ↗	FY 2013 Dec 31, 2013 20-F ↗	FY 2012 Dec 31, 2012 20-F ↗	FY 2011 Dec 31, 2011 20-F ↗	FY 2010 Dec 31, 2010 20-F ↗
Revenue per Share (USD)	$1.98	$3.11	$6.18	$12.15	$4.55	$1.90	$1.03	$0.97	$1.33	$0.88	$0.71	$0.88	$0.63	$0.50	$1.32	—
Basic EPS, GAAP (USD)	$-0.51	$-1.04	$1.15	$4.80	$2.03	$0.36	$0.09	$0.12	$0.35	$0.17	$0.05	$0.08	$-0.41	$-0.64	$0.19	—
Free Cash Flow per Share (USD)	$-0.37	$-2.40	$1.35	$3.31	$0.38	$0.26	$-0.29	$-0.15	$0.28	$0.12	—	—	—	—	—	—
Book Value per Share (USD)	$13.02	$13.07	$14.50	$12.29	$5.80	$2.10	$1.63	$1.58	$1.45	$1.03	$0.92	$0.92	$0.79	$1.17	—	—
Tangible Book Value per Share (USD)	$13.02	$13.07	$14.50	$12.29	$5.80	$2.10	$1.63	$1.58	$1.45	$1.03	$0.92	$0.92	$0.79	$1.17	—	—
Basic Weighted Avg Shares (shares)	336.76M	330.80M	373.59M	379.37M	369.34M	355.09M	339.57M	311.72M	265.07M	261.74M	258.02M	206.35M	173.07M	175.07M	175.71M	—

🏦 How resilient is the balance sheet? 3 metrics

Metric	FY 2025 Dec 31, 2025 20-F ↗	FY 2024 Dec 31, 2024 20-F ↗	FY 2023 Dec 31, 2023 20-F ↗	FY 2022 Dec 31, 2022 20-F ↗	FY 2021 Dec 31, 2021 20-F ↗	FY 2020 Dec 31, 2020 20-F ↗	FY 2019 Dec 31, 2019 20-F ↗	FY 2018 Dec 31, 2018 20-F ↗	FY 2017 Dec 31, 2017 20-F ↗	FY 2016 Dec 31, 2016 20-F ↗	FY 2015 Dec 31, 2015 20-F ↗	FY 2014 Dec 31, 2014 20-F ↗	FY 2013 Dec 31, 2013 20-F ↗	FY 2012 Dec 31, 2012 20-F ↗	FY 2011 Dec 31, 2011 20-F ↗	FY 2010 Dec 31, 2010 20-F ↗
Working Capital (USD)	$2.19B	$2.11B	$2.74B	$4.15B	$1.19B	$-103.86M	$-270.82M	$10.21M	$-74.15M	$-176.45M	$-186.62M	$-274.12M	$-207.98M	$-163.80M	—	—
LT Debt (USD)	—	—	—	—	$0.00	$178.34K	$201.07M	$133.31M	$144.49M	$111.95M	$170.12M	$146.70M	$184.92M	$187.52M	—	—
Total Equity (USD)	$4.41B	$4.36B	$4.76B	$4.81B	$2.16B	$767.12M	$566.64M	$525.13M	$391.74M	$270.10M	$240.35M	$206.77M	$137.33M	$202.11M	—	—

📋 What is driving earnings? 4 metrics

Metric	FY 2025 Dec 31, 2025 20-F ↗	FY 2024 Dec 31, 2024 20-F ↗	FY 2023 Dec 31, 2023 20-F ↗	FY 2022 Dec 31, 2022 20-F ↗	FY 2021 Dec 31, 2021 20-F ↗	FY 2020 Dec 31, 2020 20-F ↗	FY 2019 Dec 31, 2019 20-F ↗	FY 2018 Dec 31, 2018 20-F ↗	FY 2017 Dec 31, 2017 20-F ↗	FY 2016 Dec 31, 2016 20-F ↗	FY 2015 Dec 31, 2015 20-F ↗	FY 2014 Dec 31, 2014 20-F ↗	FY 2013 Dec 31, 2013 20-F ↗	FY 2012 Dec 31, 2012 20-F ↗	FY 2011 Dec 31, 2011 20-F ↗	FY 2010 Dec 31, 2010 20-F ↗
Sales/Revenue/Turnover (USD)	$665.41M	$1.03B	$2.31B	$4.61B	$1.68B	$675.60M	$349.99M	$301.60M	$352.85M	$229.10M	$182.04M	$182.57M	$109.00M	$86.86M	$232.17M	—
Depreciation Expense (USD)	$236.67M	$206.36M	$148.89M	$107.10M	$77.37M	$68.69M	$47.37M	$27.72M	$38.82M	$33.82M	$31.36M	$28.01M	$52.25M	$37.37M	$35.48M	—
Net Income, GAAP (USD)	$-170.51M	$-345.21M	$429.55M	$1.82B	$748.92M	$129.19M	$29.52M	$38.12M	$92.84M	$43.49M	$12.96M	$16.65M	$-70.94M	$-111.93M	$33.32M	—
Operating Cash Flow (USD)	$49.67M	$-435.42M	$1.62B	$2.46B	$638.99M	$209.70M	$180.99M	$95.55M	$142.70M	$98.67M	—	—	—	—	—	—

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bar_chart Data from SEC EDGAR XBRL filings

Synced 1 week ago 16 years · 16 quarters

DAQO NEW ENERGY CORP.

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