Daqo New Energy

Daqo New Energy Corp. is a holding company, which engages in the provision of polysilicon products. It involves in the manufacture and sale of polysilicon to photovoltaic product manufactures, who further process the polysilicon into ingots, wafers, cells, and modules for solar power solutions. The company was founded by Guang Fu Xu on November 22, 2007 and is headquartered in Shanghai, China.

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Daqo New Energy (DQ) excels in 2022, poised for growth

Daqo New Energy delivered exceptional financial performance in 2022, driven by record polysilicon production and sales.
The company's strategic strengths lie in its market positioning, capacity expansion projects, and commitment to shareholder value.
Challenges include regulatory investigations, cost management, and balancing growth investments with shareholder returns.
Opportunities for Daqo New Energy include project completions, cost reductions, undervalued shares, and global market growth.

Daqo New Energy (DQ) reports robust Q1 earnings and growth outlook

Daqo New Energy (DQ) showcased solid operational and financial performance in Q1 2023, with a focus on expanding production capacity and enhancing shareholder value through share repurchases and dividends.
While facing challenges related to market dynamics and production constraints, the company's strategic focus on high-quality polysilicon and efficient operations positions it well to capitalize on growth opportunities in the solar PV industry.
Management's prudent financial management, strong margins, and strategic initiatives underscore Daqo New Energy's (DQ) resilience and potential for sustained growth in the evolving renewable energy market.

Daqo New Energy excels in Q2 amidst polysilicon industry challenges

Daqo New Energy's Q2 2023 performance reflects operational strength and resilience amidst industry challenges, with a focus on high-purity polysilicon production.
The company's financial stability, production scalability, and strategic positioning in the solar PV market present opportunities for growth and differentiation.
While facing pricing pressures and short-term cash flow challenges, Daqo remains committed to executing its share buyback program and enhancing operational efficiency.

Daqo New Energy reports strong Q3 performance amidst market challenges

Daqo New Energy (DQ) delivered a solid performance in Q3 2023, with strong production growth and financial stability.
While facing challenges such as grid issues and increased expenses, the company is well-positioned to leverage opportunities in the renewable energy market.
With a focus on cost management, quality, and shareholder value enhancement, Daqo New Energy remains optimistic about its future prospects.
Investors should monitor the company's operational efficiency, market dynamics, and strategic initiatives for long-term growth potential.

Daqo New Energy reports robust 2023 earnings amidst market opportunities

Daqo New Energy delivered strong financial performance in 2023, showcasing growth in production volume and robust revenue figures despite market challenges.
The company's strategic focus on N-type products, cost reduction through AI integration, and prudent financial management position it well for future opportunities.
While facing challenges such as fluctuating poly prices and capital allocation decisions, Daqo New Energy remains resilient and poised to capitalize on market trends.

Daqo New Energy (DQ) reports strong Q1 performance amidst market challenges

Daqo New Energy (DQ) demonstrated solid operational performance and financial strength in Q1 2024, despite facing revenue and margin challenges.
The company's prudent capital management and focus on production volume position it well for future growth opportunities.
Insights on market conditions and industry challenges underscore the company's proactive approach to navigating the evolving landscape.

Daqo New Energy reports Q2 losses, maintains resilience amid challenges

Daqo New Energy faced financial challenges in Q2 2024 due to inventory impairment, resulting in significant losses, but maintained strong liquidity and operational efficiency.
The company's adaptability in adjusting production targets and focus on N-type product mix improvements demonstrate resilience amidst industry headwinds.
While navigating operational and financial hurdles, Daqo New Energy has opportunities to optimize strategies, align operations with market dynamics, and drive sustainable growth.

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Daqo New Energy (DQ) benefits from higher selling prices in Q4 amid headwinds from a spike in raw material costs.

Daqo New Energy (DQ) Q4 Earnings and Sales Lag Estimates

The consensus price target hints at an 82.6% upside potential for Daqo (DQ). While empirical research shows that this sought-after metric is hardly effective, an upward trend in earnings estimate revisions could mean that the stock will witness an upside in the near term.

Wall Street Analysts Believe Daqo (DQ) Could Rally 83%: Here's is How to Trade

Daqo New Energy Corp. (DQ) CEO Longgen Zhang on Q4 2021 Results - Earnings Call Transcript

SHANGHAI, Feb. 28, 2022 /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 fourth quarter and fiscal year of 2021. Fourth Quarter 2021 Financial and Operating Highlights Polysilicon production volume was 23,616 MT in Q4 2021, compared to 21,684 MT in Q3 2021 Polysilicon sales volume was 11,642 MT in Q4 2021, compared to 21,183 MT in Q3 2021 Polysilicon average total production cost(1) was $14.11/kg in Q4 2021, compared to $6.84/kg in Q3 2021 Polysilicon average cash cost(1) was $13.32/kg in Q4 2021, compared to $5.96/kg in Q3 2021 Polysilicon average selling price (ASP) was $33.91/kg in Q4 2021, compared to $27.55/kg in Q3 2021 Revenue was $395.5 million in Q4 2021, compared to $585.8 million in Q3 2021 Gross profit was $239.8 million in Q4 2021, compared to $435.2 million in Q3 2021.

Daqo New Energy Announces Unaudited Fourth Quarter and Fiscal Year 2021 Results

SHANGHAI, Feb. 28, 2022 /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 that its subsidiary Xinjiang Daqo New Energy has signed a long-term high-purity polysilicon supply agreement with a leading solar manufacturing company in China. Under the supply agreement, Xinjiang Daqo will provide high-purity mono-grade polysilicon to a leading solar manufacturing company in a total amount of approximately 30,000 MT between January 2022 and December 2026.

Daqo New Energy Announces Long-Term High-Purity Polysilicon Supply Agreement with A leading Solar Manufacturing Company in China

Daqo (DQ) could produce exceptional returns because of its solid growth attributes.

Looking for a Growth Stock? 3 Reasons Why Daqo (DQ) is a Solid Choice

Daqo New Energy's (DQ) fourth-quarter results are expected to reflect the benefits of strong volumes and prices.

Daqo New Energy (DQ) to Post Q4 Earnings: What's in the Offing?

Daqo New Energy has investment grade financials, from free cash flow, earnings, retained earnings, return on equity, margins, and debt levels. Daqo New Energy is undervalued according to free cash flow and earnings multiples compared to the broader market and industry peers.

Daqo New Energy: An Undervalued Powerhouse In The Clean Energy Sector

Daqo (DQ) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Daqo New Energy (DQ) Reports Next Week: Wall Street Expects Earnings Growth

SHANGHAI, Feb. 18, 2022 /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 fourth quarter and fiscal year of 2021 ended December 31, 2021 before U.S. markets open on Monday, February 28, 2022. The Company has scheduled a conference call to discuss the results at 8:00 AM U.S. Eastern Time on February 28, 2022 (9:00 PM Beijing / Hong Kong time on the same day).

Daqo New Energy to Announce Unaudited Results for the Fourth Quarter and Fiscal Year 2021 on February 28, 2022

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Daqo New Energy (DQ) closed the most recent trading day at $35.87, moving -0.55% from the previous trading session.

Daqo New Energy (DQ) Stock Sinks As Market Gains: What You Should Know

In the latest trading session, Daqo New Energy (DQ) closed at $37.82, marking a +1.53% move from the previous day.

Daqo New Energy (DQ) Gains As Market Dips: What You Should Know

SHANGHAI, Jan. 24, 2022 /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, announced that its subsidiary Xinjiang Daqo New Energy ("Xinjiang Daqo") had provided estimates of its net profit in 2021 to the Shanghai Stock Exchange. Xinjiang Daqo estimates that under PRC GAAP, its net profit attributable to Xinjiang Daqo's shareholders in 2021 would be in the range of RMB5.6~5.8 billion, representing a 437%~456% increase as compared to net profit attributable to Xinjiang Daqo's shareholders of RMB1.04 billion in 2020.

Daqo New Energy's Subsidiary Xinjiang Daqo Provides Preliminary Estimates of Net Profit for Full Year 2021

SHANGHAI, Jan. 24, 2022 /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 that its subsidiary, Xinjiang Daqo New Energy ("Xinjiang Daqo"), intends to offer ordinary shares, subject to market conditions and other factors, in a private offering to qualified institutional buyers in compliance with the Shanghai Stock Exchange Science and Technology Innovation Board (the "STAR Market") in China for its 100,000 MT polysilicon expansion project. The gross proceeds of the private offering are expected to be approximately RMB11 billion, the majority of which will be used to fund Xinjiang Daqo's 100,000 MT polysilicon expansion project in Baotou, Inner Mongolia, China.

Daqo New Energy's subsidiary Xinjiang Daqo announces proposed private offering of RMB11 Billion in ordinary shares for its 100,000 MT polysilicon expansion project in China

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Daqo's (DQ) polysilicon expansion projects in Baotou will increase its production capacity, leveraging the industry's cutting-edge technologies and processes.

Daqo New Energy's (DQ) Unit Receives Energy Consumption Approval

SHANGHAI, Jan. 7, 2022 /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 that its subsidiary Xinjiang Daqo had obtained energy consumption approval for its polysilicon projects in Baotou, in China's Inner Mongolia autonomous region. The abovementioned polysilicon projects consist of a 100,000 MT polysilicon project for the solar industry and a 1,000 MT polysilicon project for the semiconductor industry with an estimated total investment of RMB8.55 billion.

Daqo New Energy's Subsidiary Xinjiang Daqo obtains energy consumption approval for its polysilicon project in Inner Mongolia China

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The momentum in the equity markets is expected to stay on firm-footing in 2022. DQ, PINS, SRPT, YY and CD have a chance to outperform next year.

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SHANGHAI, Dec. 20, 2021 /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 that its subsidiary Xinjiang Daqo had entered into a strategic cooperation framework agreement with Baotou city, in China's Inner Mongolia autonomous region, for its future projects related to polysilicon, silicon metal and silicone. According to the strategic cooperation framework agreement between Xinjiang Daqo and Baotou city, Xinjiang Daqo plans to build polysilicon projects for the solar industry with a total annual production capacity of 200,000 Metric Tons (MT), polysilicon projects for the semiconductor industry with a total annual capacity of 21,000 MT, silicon metal projects with a total annual capacity of 300,000 MT and silicone projects with a total annual capacity of 200,000 MT in Baotou city.

Daqo New Energy's Subsidiary Xinjiang Daqo signs strategic cooperation framework agreement with Baotou City for its future projects

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SHANGHAI, Dec. 6, 2021 /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 that it had completed the construction ahead of schedule and begun pilot production at its new 35,000 MT Phase 4B polysilicon production facility. The Company expects its Phase 4B polysilicon production facility to gradually ramp up to full production capacity and to increase its total annual production capacity to 105,000 MT by the end of the first quarter of 2022.

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