Daqo New Energy (DQ) Equity Ratio (2009 - 2025)

Daqo New Energy (DQ) posted Equity Ratio of 0.92 for Q4 2025, up 35.08% sequentially from 0.68 in Q4 2024, and up 35.08% YoY from 0.68 in Q4 2024.

Daqo New Energy (DQ) Equity Ratio (2009 - 2025) Analysis & Trends

Daqo New Energy (DQ) has 17 years of Equity Ratio data on file, last reported at 0.92 in Q4 2025.

  • Quarterly Equity Ratio rose 35.08% year-over-year to 0.92 in Q4 2025, while the trailing twelve-month figure through Dec 2025 was 0.92 (up 35.08% YoY) and the FY2025 annual result came in at 0.92, up 35.08% from the prior year.
  • Equity Ratio improved to 0.92 in Q4 2025 per DQ's latest filing, from 0.68 in the prior quarter.
  • The five-year high for Equity Ratio was 0.92 in Q4 2025, with the low at 0.68 in Q4 2024.
  • Average Equity Ratio over 5 years is 0.83, with a median of 0.87 recorded in 2023.
  • Year-over-year, Equity Ratio fell 21.74% in 2024 and surged 35.08% in 2025.
  • Daqo New Energy's Equity Ratio stood at 0.8 in 2021, then increased by 9.17% to 0.87 in 2022, then fell by 0.17% to 0.87 in 2023, then dropped by 21.74% to 0.68 in 2024, then surged by 35.08% to 0.92 in 2025.
  • Business Quant data shows DQ's Equity Ratio at 0.92 in Q4 2025, 0.68 in Q4 2024, and 0.87 in Q4 2023.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Equity Ratio (Qtr)
1 Applied Materials 516.82 Bn 510.08 Bn 3.95 Bn 0.59
2 Lam Research 488.97 Bn 484.22 Bn 2.91 Bn 0.51
3 Kla 348.47 Bn 343.51 Bn 2.09 Bn 0.35
4 Teradyne 66.84 Bn 66.60 Bn 780.95 Mn 0.71
5 Qnity Electronics 32.19 Bn 32.35 Bn 618.00 Mn 0.51
6 Entegris 25.16 Bn 24.72 Bn 380.80 Mn 0.48
7 Amkor Technology 19.80 Bn 17.99 Bn 239.03 Mn 0.55
8 Formfactor 11.45 Bn 11.15 Bn 86.79 Mn 0.84
9 ACM Research 7.71 Bn 7.32 Bn 107.24 Mn 0.52
10 Daqo New Energy 859.36 Mn 1.09 Bn -139.37 Bn -

Historic Data

Download Data
DateValue
Dec 31, 2025 0.92
Dec 31, 2024 0.68
Dec 31, 2023 0.87
Dec 31, 2022 0.87
Dec 31, 2021 0.80
Dec 31, 2020 0.64
Dec 31, 2019 0.47
Dec 31, 2018 0.61
Dec 31, 2017 0.53
Dec 31, 2016 0.41
Dec 31, 2015 0.37
Dec 31, 2014 0.29
Dec 31, 2013 0.23
Dec 31, 2012 0.25
Mar 31, 2012 0.01
Dec 31, 2011 0.51
Dec 31, 2010 0.61
Dec 31, 2009 0.34