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Technology - Semiconductors - NYSE - CN
$ 19.25
-4.42 %
$ 1.26 B
Market Cap
-11.81
P/E
1. INTRINSIC VALUE

Daqo New Energy Corp., together with its subsidiaries, manufactures and sells polysilicon to photovoltaic product manufactures in the People's Republic of China. Its products are used in ingots, wafers, cells, and modules for solar power solutions. The company was formerly known as Mega Stand International Limited and changed its name to Daqo New Energy Corp. in August 2009. Daqo New Energy Corp. was founded in 2006 and is based in Shanghai, the People's Republic of China.[ Read More ]

The intrinsic value of one DQ stock under the base case scenario is HIDDEN Compared to the current market price of 19.2 USD, Daqo New Energy Corp. is HIDDEN

2. FUNDAMENTAL ANALYSIS

Price Chart DQ

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FINANCIALS
2.31 B REVENUE
-49.92%
783 M OPERATING INCOME
-74.23%
430 M NET INCOME
-82.95%
1.62 B OPERATING CASH FLOW
-34.49%
-1.2 B INVESTING CASH FLOW
-19.18%
-795 M FINANCING CASH FLOW
-54.00%
198 M REVENUE
-9.74%
-98 M OPERATING INCOME
50.61%
-76.9 M NET INCOME
35.77%
-97.8 M OPERATING CASH FLOW
39.86%
-65.9 M INVESTING CASH FLOW
95.58%
-5.54 M FINANCING CASH FLOW
85.02%
Balance Sheet Decomposition Daqo New Energy Corp.
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Current Assets 3.58 B
Cash & Short-Term Investments 3.05 B
Receivables 116 M
Other Current Assets 412 M
Non-Current Assets 3.85 B
Long-Term Investments 25 M
PP&E 3.63 B
Other Non-Current Assets 199 M
Current Liabilities 836 M
Accounts Payable 92.9 M
Short-Term Debt 0
Other Current Liabilities 744 M
Non-Current Liabilities 124 M
Long-Term Debt 0
Other Non-Current Liabilities 124 M
EFFICIENCY
Earnings Waterfall Daqo New Energy Corp.
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Revenue 2.31 B
Cost Of Revenue 1.39 B
Gross Profit 921 M
Operating Expenses 137 M
Operating Income 783 M
Other Expenses 354 M
Net Income 430 M
RATIOS
39.89% GROSS MARGIN
39.89%
33.95% OPERATING MARGIN
33.95%
18.61% NET MARGIN
18.61%
9.02% ROE
9.02%
5.78% ROA
5.78%
13.12% ROIC
13.12%
FREE CASH FLOW ANALYSIS
Free Cash Flow Analysis Daqo New Energy Corp.
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Net Income 430 M
Depreciation & Amortization 149 M
Capital Expenditures -1.19 B
Stock-Based Compensation 150 M
Change in Working Capital 849 M
Others -86.3 M
Free Cash Flow 429 M
3. WALL STREET ANALYSTS ESTIMATES
Wall Street Analysts Price Targets Daqo New Energy Corp.
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Wall Street analysts predict an average 1-year price target for DQ of $25.2 , with forecasts ranging from a low of $12.5 to a high of $35.5 .
DQ Lowest Price Target Wall Street Target
12.5 USD -35.01%
DQ Average Price Target Wall Street Target
25.2 USD 31.08%
DQ Highest Price Target Wall Street Target
35.5 USD 84.62%
4. DIVIDEND ANALYSIS
0.00% DIVIDEND YIELD
0 USD DIVIDEND PER SHARE
5. COMPETITION
6. Ownership
Insider Ownership Daqo New Energy Corp.
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Sold
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
0 USD 0
9-12 MONTHS
0 USD 0
Bought
0 USD 0
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
0 USD 0
9-12 MONTHS
Date Value Insider Amount Avg Price
7. News
Daqo New Energy Corp. to Hold Annual General Meeting on December 10, 2024 SHANGHAI , Nov. 12, 2024 /PRNewswire/ -- Daqo New Energy Corp. (NYSE: DQ) ("Daqo" or the "Company"), a leading manufacturer of high-purity polysilicon for the global solar PV industry, today announced that it will hold its annual general meeting (the "AGM") at Daqo New Energy Corp. Shanghai Office, 29th Floor, Huadu Building, No. 838, Zhangyang Road, Pudong District, Shanghai 200122, People's Republic of China on December 10, 2024 at 10:00 AM (Beijing time). prnewswire.com - 5 days ago
Daqo New Energy Corp. (DQ) Q3 2024 Earnings Call Transcript Daqo New Energy Corp. (NYSE:DQ ) Q3 2024 Earnings Conference Call October 30, 2024 8:00 AM ET Company Participants Anita Chu - Deputy Chief Executive Officer Ming Yang - Chief Financial Officer Conference Call Participants Philip Shen - Roth MKM Alan Lau - Jefferies Operator Good day, and welcome to the Daqo New Energy Third Quarter 2024 Results Conference Call. All participants will be in listen-only mode. seekingalpha.com - 2 weeks ago
Daqo New Energy (DQ) Reports Q3 Loss, Tops Revenue Estimates Daqo New Energy (DQ) came out with a quarterly loss of $0.92 per share versus the Zacks Consensus Estimate of a loss of $0.80. This compares to loss of $0.09 per share a year ago. zacks.com - 2 weeks ago
Daqo New Energy Promotes Xiaoyu Xu as Deputy Chief Executive Officer SHANGHAI , Oct. 30, 2024 /PRNewswire/ -- Daqo New Energy Corp. (NYSE: DQ) ("Daqo New Energy," the "Company" or "we"), a leading manufacturer of high-purity polysilicon for the global solar PV industry, today announced the appointment of Ms. Xiaoyu Xu as Deputy Chief Executive Officer of the Company, effective October 30, 2024. prnewswire.com - 2 weeks ago
Daqo New Energy Announces Unaudited Third Quarter 2024 Results SHANGHAI , Oct. 30, 2024 /PRNewswire/ -- Daqo New Energy Corp. (NYSE: DQ) ("Daqo New Energy," the "Company" or "we"), a leading manufacturer of high-purity polysilicon for the global solar PV industry, today announced its unaudited financial results for the third quarter of 2024. Third Quarter 2024 Financial and Operating Highlights Polysilicon production volume was 43,592 MT in Q3 2024, compared to 64,961 MT in Q2 2024 Polysilicon sales volume was 42,101 MT in Q3 2024, compared to 43,082 MT in Q2 2024 Polysilicon average total production cost(1) was $6.61/kg in Q3 2024 compared to $6.19/kg in Q2 2024 Polysilicon average cash cost(1) was $5.34/kg in Q3 2024, compared to $5.39/kg in Q2 2024 Polysilicon average selling price (ASP) was $4.69/kg in Q3 2024, compared to $5.12/kg in Q2 2024 Revenue was $198.5 million in Q3 2024, compared to $219.9 million in Q2 2024 Gross loss was $60.6 million in Q3 2024, compared to $159.2 million in Q2 2024. prnewswire.com - 2 weeks ago
Daqo New Energy to Announce Unaudited Results for the Third Quarter of 2024 on October 30, 2024 SHANGHAI , Oct. 15, 2024 /PRNewswire/ -- Daqo New Energy Corp. (NYSE: DQ) ("Daqo New Energy" or the "Company"), a leading manufacturer of high-purity polysilicon for the global solar PV industry, today announced it plans to release its unaudited financial results for the third quarter of 2024 ended September 30, 2024 before U.S. markets open on Wednesday, October 30, 2024. The Company has scheduled a conference call to discuss the results at 8:00 AM U.S. Eastern Time on October 30, 2024 (8:00 PM Beijing / Hong Kong time on the same day). prnewswire.com - 1 month ago
This FactSet Research Analyst Turns Bearish; Here Are Top 4 Downgrades For Wednesday Top Wall Street analysts changed their outlook on these top names. For a complete view of all analyst rating changes, including upgrades and downgrades, please see our analyst ratings page. benzinga.com - 1 month ago
Chinese EV and Solar Stocks Soared This Week Can stimulus save the Chinese economy? fool.com - 1 month ago
Daqo New Energy Corp (DQ) Shares Up 5.75% on Oct 2 Shares of Daqo New Energy Corp (DQ, Financial) surged 5.75% in mid-day trading on Oct 2. The stock reached an intraday high of $22.42, before settling at $21.90, up from its previous close of $20.71. gurufocus.com - 1 month ago
Daqo New Energy: The Bottom May Be Behind Us - Promising Market Trends Ahead DQ remains a compelling Buy due to its robust balance sheet, allowing it to weather the near-term market consolidation in H2'24. At the same time, the management's lowered capacity output and capex guidance already position it for near-term recovery and cash preservation. If anything, its partner, Longi, already highlights robust growth in the APAC region with "smooth customs clearance for shipments to the North American region." seekingalpha.com - 1 month ago
The Solar Stock Battle: Is Daqo or JinkoSolar Your Next Big Win? The U.S. added a record-breaking 32.4 gigawatts of solar electric generating capacity in 2023, evidence of the continued growth of the renewable energy industry thanks to strong customer demand, supportive government policies, and rapid advances in solar technology. A long-term shift in the energy sector toward decarbonization through green energy sources is well underway and likely to continue for years to come. marketbeat.com - 2 months ago
Daqo New Energy: Q2 Shows Further Price Drops, I'm Staying Put Daqo New Energy's Q2 results showed a significant decline in sales and EPS, with polysilicon prices falling below production costs. The company expects lower production due to tough market conditions but maintains a strong financial position. Despite the current downturn, I believe DQ will emerge stronger, though I'm not adding to my position yet due to ongoing price uncertainties. seekingalpha.com - 2 months ago
8. Profile Summary

Daqo New Energy Corp. DQ

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COUNTRY CN
INDUSTRY Semiconductors
MARKET CAP $ 1.26 B
Dividend Yield 0.00%
Description Daqo New Energy Corp., together with its subsidiaries, manufactures and sells polysilicon to photovoltaic product manufactures in the People's Republic of China. Its products are used in ingots, wafers, cells, and modules for solar power solutions. The company was formerly known as Mega Stand International Limited and changed its name to Daqo New Energy Corp. in August 2009. Daqo New Energy Corp. was founded in 2006 and is based in Shanghai, the People's Republic of China.
Contact Huadu Mansion, Shanghai, 200122 https://www.dqsolar.com
IPO Date Oct. 7, 2010
Employees 5765
Officers Ms. Anita Zhu Investor Relations Director Mr. Ming Yang Chief Financial Officer Ms. Xu Xiaoyu Deputy Chief Executive Officer & Director Mr. Xiang Xu Chairman & Chief Executive Officer Mr. Guangfu Xu Founder & Director