# Daqo New Energy Corp.: financial statements, quarterly

DQ · NYSE · CIK 1477641 · [Technology](/sectors/technology.md) · fiscal year ends Dec 31

Pages: [Overview](/companies/dq.md) · [Financials](/companies/dq/financials.md) · [Filings](/companies/dq/filings.md) · [Insiders](/companies/dq/insiders.md)

Standardized line items from XBRL company facts. Each value links to its filing; d marks a value derived from year-to-date figures. Other view: [annual](/companies/dq/financials.md?period=annual).

## Balance sheet

| Line item | Unit | FY2014 (2014-12-31) | FY2015 (2015-12-31) | FY2016 (2016-12-31) | FY2017 (2017-12-31) | FY2018 (2018-12-31) | FY2019 (2019-12-31) | FY2020 (2020-12-31) | FY2021 (2021-12-31) | FY2022 (2022-12-31) | FY2023 (2023-12-31) | FY2024 (2024-12-31) | FY2025 (2025-12-31) |
| --- | --- | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: |
| Cash and equivalents | $m | [7.1](/filings/0001144204-18-015103.md) | [14.5](/filings/0001144204-18-015103.md) | [16.0](/filings/0001144204-19-020070.md) | [60.7](/filings/0001104659-20-050556.md) | [66.4](/filings/0001104659-21-053396.md) | [52.7](/filings/0001410578-22-000624.md) | [76.6](/filings/0001410578-23-000809.md) | [724](/filings/0001104659-24-053433.md) | [3,499](/filings/0001410578-25-000968.md) | [3,039](/filings/0001104659-26-045134.md) | [1,007](/filings/0001104659-26-045134.md) | [856](/filings/0001104659-26-045134.md) |
| Current assets | $m | [122](/filings/0001144204-16-093149.md) | [88.8](/filings/0001144204-17-017843.md) | [73.3](/filings/0001144204-18-015103.md) | [142](/filings/0001144204-19-020070.md) | [160](/filings/0001104659-20-050556.md) | [174](/filings/0001104659-21-053396.md) | [180](/filings/0001410578-22-000624.md) | [1,743](/filings/0001410578-23-000809.md) | [4,889](/filings/0001104659-24-053433.md) | [3,577](/filings/0001410578-25-000968.md) | [2,632](/filings/0001104659-26-045134.md) | [2,696](/filings/0001104659-26-045134.md) |
| Total assets | $m | [710](/filings/0001144204-16-093149.md) | [661](/filings/0001144204-17-017843.md) | [657](/filings/0001144204-18-015103.md) | [749](/filings/0001144204-19-020070.md) | [855](/filings/0001104659-20-050556.md) | [1,201](/filings/0001104659-21-053396.md) | [1,239](/filings/0001410578-22-000624.md) | [3,344](/filings/0001410578-23-000809.md) | [7,594](/filings/0001104659-24-053433.md) | [7,427](/filings/0001410578-25-000968.md) | [6,418](/filings/0001104659-26-045134.md) | [6,449](/filings/0001104659-26-045134.md) |
| Current liabilities | $m | [396](/filings/0001144204-16-093149.md) | [275](/filings/0001144204-17-017843.md) | [250](/filings/0001144204-18-015103.md) | [217](/filings/0001144204-19-020070.md) | [150](/filings/0001104659-20-050556.md) | [445](/filings/0001104659-21-053396.md) | [284](/filings/0001410578-22-000624.md) | [550](/filings/0001410578-23-000809.md) | [737](/filings/0001104659-24-053433.md) | [836](/filings/0001410578-25-000968.md) | [521](/filings/0001104659-26-045134.md) | [502](/filings/0001104659-26-045134.md) |
| Total liabilities | $m | [503](/filings/0001144204-16-093149.md) | [419](/filings/0001144204-17-017843.md) | [385](/filings/0001144204-18-015103.md) | [354](/filings/0001144204-19-020070.md) | [330](/filings/0001104659-20-050556.md) | [634](/filings/0001104659-21-053396.md) | [440](/filings/0001410578-22-000624.md) | [680](/filings/0001410578-23-000809.md) | [989](/filings/0001104659-24-053433.md) | [979](/filings/0001410578-25-000968.md) | [560](/filings/0001104659-26-045134.md) | [533](/filings/0001104659-26-045134.md) |
| Long-term debt | $m | [77.3](/filings/0001144204-16-093149.md) | [119](/filings/0001144204-17-017843.md) | [112](/filings/0001144204-18-015103.md) | [111](/filings/0001144204-19-020070.md) | [133](/filings/0001104659-20-050556.md) | [152](/filings/0001104659-21-053396.md) | [123](/filings/0001410578-22-000624.md) | [0.0](/filings/0001410578-22-000624.md) | not reported | not reported | not reported | not reported |
| Current portion of debt | $m | [69.4](/filings/0001144204-16-093149.md) | [51.6](/filings/0001144204-17-017843.md) | [50.4](/filings/0001144204-18-015103.md) | [30.0](/filings/0001144204-19-020070.md) | [4.1](/filings/0001104659-20-050556.md) | [49.5](/filings/0001104659-21-053396.md) | [55.1](/filings/0001410578-22-000624.md) | [0.0](/filings/0001410578-22-000624.md) | not reported | not reported | not reported | not reported |
| Short-term borrowings | $m | [90.4](/filings/0001144204-15-023405.md) | not reported | not reported | not reported | [38.2](/filings/0001104659-20-050556.md) | [129](/filings/0001104659-21-053396.md) | [70.4](/filings/0001410578-22-000624.md) | [0.0](/filings/0001410578-22-000624.md) | not reported | not reported | not reported | not reported |
| Shareholders' equity | $m | [207](/filings/0001144204-16-093149.md) | [240](/filings/0001144204-17-017843.md) | [270](/filings/0001144204-18-015103.md) | [392](/filings/0001144204-19-020070.md) | [525](/filings/0001104659-20-050556.md) | [567](/filings/0001104659-21-053396.md) | [767](/filings/0001410578-22-000624.md) | [2,162](/filings/0001410578-23-000809.md) | [4,807](/filings/0001104659-24-053433.md) | [4,762](/filings/0001410578-25-000968.md) | [4,361](/filings/0001104659-26-045134.md) | [4,407](/filings/0001104659-26-045134.md) |

- Cash and equivalents: us-gaap:CashAndCashEquivalentsAtCarryingValue
- Current assets: us-gaap:AssetsCurrent
- Total assets: us-gaap:Assets
- Current liabilities: us-gaap:LiabilitiesCurrent
- Total liabilities: us-gaap:Liabilities
- Long-term debt: us-gaap:LongTermDebtNoncurrent
- Current portion of debt: us-gaap:LongTermDebtCurrent
- Short-term borrowings: us-gaap:ShortTermBorrowings
- Shareholders' equity: us-gaap:StockholdersEquity

Shares outstanding: 338,330,684 at 2025-12-31, from the cover of the [20-F filed 2026-04-20](/filings/0001104659-26-045134.md) (dei:EntityCommonStockSharesOutstanding).

Source: SEC EDGAR, XBRL company facts. Last ingested by Listed: Oct 24, 2026, 15:40 ET. No prices; not investment advice.