Daqo New Energy Corp.

Daqo New Energy Corp. - Current Ratioverified

DQ

Price:

$14.18

Market Cap:

$959.51M

Daqo New Energy Corp., operating with its subsidiaries, is engaged in the production and supply of polysilicon to companies manufacturing photovoltaic products across the People's Republic of China. This polysilicon is a fundamental material utilized in the creation of ingots, wafers, cells, and modules, which are crucial components for diverse solar power applications. The company, initially named Mega Stand International Limited, adopted its current designation, Daqo New Energy Corp., in August 2009. Founded in 2006, its main operational base is situated in Shanghai, China.

Industry

Solar

IPO Date

2010-10-07

Stock Exchange

NYSE

Ticker

DQ

The Current Ratio as of June 2026 (TTM) for Daqo New Energy Corp. (DQ) is 6.02

According to Daqo New Energy Corp.’s latest financial reports and current stock price. The company's current Current Ratio is 6.02. This represents a change of 5.92% compared to the average of 5.68 of the last 4 quarters.

Daqo New Energy Corp. (DQ) Historical Current Ratio (quarterly & annually)

How has DQ Current Ratio performed in the past?

The mean historical Current Ratio of Daqo New Energy Corp. over the last ten years is 2.76. The current 6.02 Current Ratio has changed 21.72% with respect to the historical average. Over the past ten years (40 quarters), DQ's Current Ratio was at its highest in in the December 2022 quarter at 6.64. The Current Ratio was at its lowest in in the December 2016 quarter at 0.29.

Quarterly (TTM)
Annual

Average

2.76

Median

2.12

Minimum

0.29

Maximum

6.64

Daqo New Energy Corp. (DQ) Current Ratio by Quarter and Year

Discovering the peaks and valleys of Daqo New Energy Corp. Current Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.

Maximum Annual Increase = 399.04%

Maximum Annual Current Ratio = 6.64

Minimum Annual Increase = -63.34%

Minimum Annual Current Ratio = 0.29

Quarterly (TTM)
Annual
YearCurrent RatioChange
20255.417.12%
20245.0518.07%
20234.28-35.58%
20226.64109.65%
20213.17399.04%
20200.6362.01%
20190.39-63.34%
20181.0762.45%
20170.66124.03%
20160.29-8.95%

Daqo New Energy Corp. (DQ) Average Current Ratio

How has DQ Current Ratio performed in the past?

The current Current Ratio of Daqo New Energy Corp. (DQ) is greater than its 3-year, greater than its 5-year, and greater than its 10-year historical averages

3-year avg

4.91

5-year avg

4.91

10-year avg

2.76

Daqo New Energy Corp. (DQ) Current Ratio vs. Peers

How is DQ’s Current Ratio compared to its peers?

Daqo New Energy Corp.’s Current Ratio is greater than Applied Optoelectronics, Inc. (3.83), greater than Vishay Intertechnology, Inc. (2.64), greater than Kulicke and Soffa Industries, Inc. (4.21), less than C3.ai, Inc. (6.64), less than Power Integrations, Inc. (6.88), greater than Clarivate Plc (0.84), greater than Pagaya Technologies Ltd. (1.63), greater than Diodes Incorporated (3.17), greater than Veeco Instruments Inc. (4.23), greater than Navitas Semiconductor Corporation (4.33),

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