Daqo Total Assets from 2010 to 2024

DQ Stock

USD 18.39 0.82 4.27%

Daqo New Total Assets yearly trend continues to be relatively stable with very little volatility. Total Assets are likely to grow to about 7.8 B this year. Total Assets is the total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets. View All Fundamentals

Total Assets

First Reported

2008-12-31

Previous Quarter

6.9 B

Current Value

7 B

Quarterly Volatility

2.4 B

Credit Downgrade

Yuan Drop

Covid

Check Daqo New financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Daqo New's main balance sheet or income statement drivers, such as Interest Expense of 14.4 M, Other Operating Expenses of 1.6 B or Operating Income of 822.6 M, as well as many indicators such as Price To Sales Ratio of 1.07, Dividend Yield of 0.0 or PTB Ratio of 0.44. Daqo financial statements analysis is a perfect complement when working with Daqo New Valuation or Volatility modules.

Check out the analysis of Daqo New Correlation against competitors.

Latest Daqo New's Total Assets Growth Pattern

Below is the plot of the Total Assets of Daqo New Energy over the last few years. Total assets refers to the total amount of Daqo New assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Daqo New Energy books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. It is the total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets. Daqo New's Total Assets historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Daqo New's overall financial position and show how it may be relating to other accounts over time.

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Last Reported 7.43 B

10 Years Trend

Slightly volatile

Compare to Others All Fundamentals

Total Assets

Timeline

Daqo Total Assets Regression Statistics

	Arithmetic Mean	2,325,913,435
	Geometric Mean	1,322,428,673
	Coefficient Of Variation	121.19
	Mean Deviation	2,247,740,608
	Median	854,929,000
	Standard Deviation	2,818,703,761
	Sample Variance	7945090.9T
	Range	7.4B
	R-Value	0.79
	Mean Square Error	3239842T
	R-Squared	0.62
	Significance	0.0005
	Slope	496,823,216
	Total Sum of Squares	111231272.5T

Daqo Total Assets History

	2024	7.8 B
	2023	7.4 B
	2022	7.6 B
	2021	3.3 B
	2020	1.2 B
	2019	1.2 B
	2018	854.9 M

Other Fundumenentals of Daqo New Energy

Intangibles To Total Assets

Daqo New Total Assets component correlations

	Total Stockholder Equity	Retained Earnings	Total Liab	Common Stock	Total Assets	Current Deferred Revenue	Net Debt	Accounts Payable	Long Term Debt	Net Receivables	Short Term Investments	Total Current Assets	Short Term Debt	Intangible Assets	Property Plant Equipment	Treasury Stock	Net Tangible Assets	Long Term Investments	Short Long Term Debt	Long Term Debt Total	Capital Surpluse	Deferred Long Term Liab	Cash And Equivalents	Net Invested Capital	Net Working Capital	Capital Stock
Total Stockholder Equity		0.99	0.73	0.6	1.0	0.8	-0.99	0.95	-0.84	0.63	0.06	0.98	-0.31	0.91	0.99	-0.41	1.0	-0.53	-0.61	-0.81	0.99	-0.75	0.98	1.0	0.97	0.96
Retained Earnings	0.99		0.69	0.54	0.99	0.78	-0.98	0.94	-0.82	0.55	0.0	0.97	-0.31	0.94	0.99	-0.37	1.0	-0.51	-0.57	-0.8	1.0	-0.76	0.99	1.0	0.95	0.95
Total Liab	0.73	0.69		0.74	0.73	0.51	-0.7	0.72	-0.53	0.62	0.14	0.74	0.11	0.64	0.73	-0.35	0.69	-0.41	-0.5	-0.57	0.69	-0.41	0.66	0.71	0.72	0.71
Common Stock	0.6	0.54	0.74		0.57	0.45	-0.53	0.59	-0.5	0.46	0.25	0.56	0.05	0.44	0.61	-0.81	0.57	-0.79	-0.75	-0.23	0.56	-0.63	0.49	0.56	0.54	0.67
Total Assets	1.0	0.99	0.73	0.57		0.79	-0.99	0.95	-0.83	0.63	0.05	0.98	-0.3	0.92	0.99	-0.38	0.99	-0.5	-0.58	-0.82	0.99	-0.73	0.99	1.0	0.97	0.95
Current Deferred Revenue	0.8	0.78	0.51	0.45	0.79		-0.76	0.89	-0.85	0.5	0.56	0.78	-0.28	0.66	0.8	-0.29	0.79	-0.4	-0.44	-0.86	0.79	-0.55	0.73	0.79	0.76	0.84
Net Debt	-0.99	-0.98	-0.7	-0.53	-0.99	-0.76		-0.91	0.83	-0.68	0.0	-0.99	0.41	-0.88	-0.96	0.34	-0.98	0.46	0.56	0.82	-0.98	0.67	-0.98	-0.99	-0.99	-0.92
Accounts Payable	0.95	0.94	0.72	0.59	0.95	0.89	-0.91		-0.89	0.58	0.33	0.93	-0.19	0.87	0.94	-0.41	0.95	-0.51	-0.64	-0.88	0.94	-0.73	0.91	0.94	0.91	0.94
Long Term Debt	-0.84	-0.82	-0.53	-0.5	-0.83	-0.85	0.83	-0.89		-0.59	-0.38	-0.84	0.3	-0.68	-0.8	0.37	-0.84	0.44	0.71	0.82	-0.83	0.61	-0.8	-0.83	-0.83	-0.83
Net Receivables	0.63	0.55	0.62	0.46	0.63	0.5	-0.68	0.58	-0.59		0.22	0.75	-0.41	0.29	0.54	-0.25	0.56	-0.23	-0.39	-0.6	0.55	-0.14	0.54	0.62	0.78	0.54
Short Term Investments	0.06	0.0	0.14	0.25	0.05	0.56	0.0	0.33	-0.38	0.22		0.08	0.09	-0.11	0.05	-0.17	0.04	-0.11	-0.26	-0.37	0.02	0.01	-0.08	0.03	0.07	0.15
Total Current Assets	0.98	0.97	0.74	0.56	0.98	0.78	-0.99	0.93	-0.84	0.75	0.08		-0.37	0.84	0.95	-0.36	0.97	-0.46	-0.57	-0.83	0.96	-0.64	0.96	0.98	1.0	0.92
Short Term Debt	-0.31	-0.31	0.11	0.05	-0.3	-0.28	0.41	-0.19	0.3	-0.41	0.09	-0.37		-0.11	-0.21	0.01	-0.3	0.04	-0.01	0.34	-0.3	0.05	-0.33	-0.32	-0.42	-0.22
Intangible Assets	0.91	0.94	0.64	0.44	0.92	0.66	-0.88	0.87	-0.68	0.29	-0.11	0.84	-0.11		0.94	-0.28	0.94	-0.44	-0.5	-0.72	0.94	-0.78	0.95	0.91	0.81	0.87
Property Plant Equipment	0.99	0.99	0.73	0.61	0.99	0.8	-0.96	0.94	-0.8	0.54	0.05	0.95	-0.21	0.94		-0.41	0.99	-0.54	-0.58	-0.78	0.99	-0.78	0.97	0.99	0.93	0.97
Treasury Stock	-0.41	-0.37	-0.35	-0.81	-0.38	-0.29	0.34	-0.41	0.37	-0.25	-0.17	-0.36	0.01	-0.28	-0.41		-0.4	0.84	0.73	-0.02	-0.39	0.72	-0.33	-0.38	-0.34	-0.46
Net Tangible Assets	1.0	1.0	0.69	0.57	0.99	0.79	-0.98	0.95	-0.84	0.56	0.04	0.97	-0.3	0.94	0.99	-0.4		-0.53	-0.6	-0.8	1.0	-0.78	0.99	1.0	0.95	0.96
Long Term Investments	-0.53	-0.51	-0.41	-0.79	-0.5	-0.4	0.46	-0.51	0.44	-0.23	-0.11	-0.46	0.04	-0.44	-0.54	0.84	-0.53		0.61	0.13	-0.52	0.83	-0.46	-0.5	-0.43	-0.57
Short Long Term Debt	-0.61	-0.57	-0.5	-0.75	-0.58	-0.44	0.56	-0.64	0.71	-0.39	-0.26	-0.57	-0.01	-0.5	-0.58	0.73	-0.6	0.61		0.35	-0.59	0.68	-0.54	-0.58	-0.56	-0.6
Long Term Debt Total	-0.81	-0.8	-0.57	-0.23	-0.82	-0.86	0.82	-0.88	0.82	-0.6	-0.37	-0.83	0.34	-0.72	-0.78	-0.02	-0.8	0.13	0.35		-0.8	0.38	-0.79	-0.81	-0.83	-0.77
Capital Surpluse	0.99	1.0	0.69	0.56	0.99	0.79	-0.98	0.94	-0.83	0.55	0.02	0.96	-0.3	0.94	0.99	-0.39	1.0	-0.52	-0.59	-0.8		-0.77	0.99	1.0	0.95	0.95
Deferred Long Term Liab	-0.75	-0.76	-0.41	-0.63	-0.73	-0.55	0.67	-0.73	0.61	-0.14	0.01	-0.64	0.05	-0.78	-0.78	0.72	-0.78	0.83	0.68	0.38	-0.77		-0.74	-0.73	-0.61	-0.76
Cash And Equivalents	0.98	0.99	0.66	0.49	0.99	0.73	-0.98	0.91	-0.8	0.54	-0.08	0.96	-0.33	0.95	0.97	-0.33	0.99	-0.46	-0.54	-0.79	0.99	-0.74		0.99	0.95	0.92
Net Invested Capital	1.0	1.0	0.71	0.56	1.0	0.79	-0.99	0.94	-0.83	0.62	0.03	0.98	-0.32	0.91	0.99	-0.38	1.0	-0.5	-0.58	-0.81	1.0	-0.73	0.99		0.97	0.95
Net Working Capital	0.97	0.95	0.72	0.54	0.97	0.76	-0.99	0.91	-0.83	0.78	0.07	1.0	-0.42	0.81	0.93	-0.34	0.95	-0.43	-0.56	-0.83	0.95	-0.61	0.95	0.97		0.9
Capital Stock	0.96	0.95	0.71	0.67	0.95	0.84	-0.92	0.94	-0.83	0.54	0.15	0.92	-0.22	0.87	0.97	-0.46	0.96	-0.57	-0.6	-0.77	0.95	-0.76	0.92	0.95	0.9

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About Daqo New Financial Statements

Daqo New shareholders use historical fundamental indicators, such as Total Assets, to determine how well the company is positioned to perform in the future. Although Daqo New investors may analyze each financial statement separately, they are all interrelated. The changes in Daqo New's assets and liabilities, for example, are also reflected in the revenues and expenses on on Daqo New's income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.

	Last Reported	Projected for Next Year
Total Assets	7.4 B	7.8 B
Intangibles To Total Assets	0.02	0.03

Pair Trading with Daqo New

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Daqo New position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Daqo New will appreciate offsetting losses from the drop in the long position's value.

Moving against Daqo Stock

0.73	ASYS	Amtech Systems Fiscal Year End 12th of December 2024	Pair Corr
0.68	ICG	Intchains Group	Pair Corr
0.57	BKRKY	Bank Rakyat	Pair Corr
0.5	TER	Teradyne	Pair Corr
0.48	ACLS	Axcelis Technologies	Pair Corr

The ability to find closely correlated positions to Daqo New could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Daqo New when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Daqo New - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Daqo New Energy to buy it.

The correlation of Daqo New is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Daqo New moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Daqo New Energy moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.

Correlation analysis and pair trading evaluation for Daqo New can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.

Pair Correlation Correlation Matching

Additional Tools for Daqo Stock Analysis

When running Daqo New's price analysis, check to measure Daqo New's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Daqo New is operating at the current time. Most of Daqo New's value examination focuses on studying past and present price action to predict the probability of Daqo New's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Daqo New's price. Additionally, you may evaluate how the addition of Daqo New to your portfolios can decrease your overall portfolio volatility.

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