Capital Intensity
Score how much of a company is physical plant, inventory, and equipment, whether that base is being maintained, and whether the shares have tangible backing.
Basket: Chinese Solar
Median physical 55.4%
Median FAT 0.20x
Median capex/D&A 0.76x
Median ROIC —
| Symbol | Name | Sector | Physical | FAT | Capex/D&A | TBV/sh | Coverage | FCF yield | ROIC | Status |
|---|---|---|---|---|---|---|---|---|---|---|
| DQ.US | Daqo New Energy Corp ADR | Technology | 55.4%Physical asset ratio · 2025-12-31(Net PP&E + inventory) / total assetsNet PP&E$3.40BpropertyPlantEquipmentInventory$169.10MinventoryTotal assets$6.45BtotalAssetsResult 55.4% | 0.20xFixed asset turnover · 2025-12-31Revenue / net PP&ERevenue$665.42MtotalRevenueNet PP&E$3.40BpropertyPlantEquipmentResult 0.20x | 0.76xCapex / D&A · 2025-12-31Capital expenditures / depreciation and amortizationCapex$179.47McapitalExpendituresD&A$236.67MdepreciationAndAmortizationResult 0.76x | $85.28Tangible book / share · 2025-12-31(Total assets − goodwill − intangibles − liabilities) / sharesTotal assets$6.45BtotalAssetsGoodwill$0.00Not reported, treated as 0Intangibles$155.58MintangibleAssetsLiabilities$529.22MtotalLiabTangible book$5.76BShares67,547,032commonStockSharesOutstandingGoodwill was not reported and is treated as zero.Result $85.28 | —Fixed-charge coverage · 2025-12-31(EBITDA − capex) / (interest + short-term debt)EBITDA-$445.00KebitdaCapex$179.47McapitalExpendituresInterest—Not reportedShort-term debt—Not reportedEBITDA − capex-$179.91MResult — | -18.0%Free cash flow yield · 2025-12-31Latest free cash flow / current market capFree cash flow-$123.35MfreeCashFlowMarket cap$684.10MMarketCapitalizationResult -18.0% | —ROIC · 2025-12-31Operating income × (1 − tax rate) / (equity + debt − cash)Operating income-$270.24MoperatingIncomeTax expense-$21.09MincomeTaxExpensePretax income-$237.12MincomeBeforeTaxTax rate—Equity$4.41BtotalStockholderEquityDebt—Not reportedCash$2.07BcashAndShortTermInvestmentsInvested capital—ROIC needs a positive pretax income so an effective tax rate can be calculated.Result — | Heavy & aging |