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.

Earnings data Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

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.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

Alibaba

Baidu

Bilibili

JD.com

SPDR S&P China ETF

Recent declines in prices of these China stocks have created buying opportunities for investors who can look past the near-term volatility. The post 7 China Stocks That Could Gain Momentum Right Now appeared first on InvestorPlace.

7 China Stocks That Could Gain Momentum Right Now

Daqo (DQ) witnesses a hammer chart pattern, indicating support found by the stock after losing some value lately. This coupled with an upward trend in earnings estimate revisions could mean a trend reversal for the stock in the near term.

Daqo (DQ) Forms 'Hammer Chart Pattern': Time for Bottom Fishing?

Brookfield Renewable Partners

Plug Power

Could these climate tech stocks have long-term growth potential?

3 Climate Tech Stocks To Watch In The Wake Of COP26

Canadian Solar

Enphase Energy

JinkoSolar Holding

The U.S. government rejected a request for solar tariffs, and investors liked what they heard.

Why Solar Energy Stocks Jumped Thursday

Daqo is one of the largest and lowest cost polysilicon makers in the industry and has ambitious growth plans with their new Phase 4B project. Current shortages of polysilicon and China's dual-control policy are keeping polysilicon prices elevated, making Daqo more profitable in the short to medium term.

Recent Jump In Polysilicon Prices Makes Daqo's Valuation Even More Compelling

Daqo New Energy (DQ) CEO Longgen Zhang on Q3 2021 Results - Earnings Call Transcript

Daqo (DQ) delivered earnings and revenue surprises of 22.51% and 13.20%, respectively, for the quarter ended September 2021. Do the numbers hold clues to what lies ahead for the stock?

Daqo New Energy (DQ) Q3 Earnings and Revenues Top Estimates

SHANGHAI, Oct. 28, 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 its unaudited financial results for the third quarter of 2021. Third Quarter 2021 Financial and Operating Highlights Polysilicon production volume was 21,684 MT in Q3 2021, compared to 21,102 MT in Q2 2021 Polysilicon sales volume was 21,183 MT in Q3 2021, compared to 21,060 MT in Q2 2021 Polysilicon average total production cost(1) was $6.84/kg in Q3 2021, compared to $6.31/kg in Q2 2021 Polysilicon average cash cost(1) was $5.96/kg in Q3 2021, compared to $5.41/kg in Q2 2021 Polysilicon average selling price (ASP) was $27.55/kg in Q3 2021, compared to $20.81/kg in Q2 2021 Revenue was $585.8 million in Q3 2021, compared to $441.4 million in Q2 2021 Gross profit was $435.2 million in Q3 2021, compared to $303.2 million in Q2 2021.

Daqo New Energy Announces Unaudited Third Quarter 2021 Results

SolarEdge Technologies

Our first peek into earnings season shows good signs for solar stocks.

Why Solar Energy Stocks Are Up Big Today

Should investors be excited or worried when a stock crosses above the 200-day simple moving average?

Daqo New Energy (DQ) Just Overtook the 200-Day Moving Average

SHANGHAI, Oct. 22, 2021 /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 3, 2021 at 10 A.M.

Daqo New Energy Corp. to Hold Annual General Meeting on December 3, 2021

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) Earnings Expected to Grow: Should You Buy?

Sunnova Energy International Inc

Sunrun

SunPower

High energy costs and lower interest rates are helping solar stocks today.

Why Solar Energy Stocks Are on Fire This Week

SHANGHAI, Oct. 15, 2021 /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 2021 ended September 30, 2021 before U.S. markets open on Thursday, October 28, 2021. The Company has scheduled a conference call to discuss the results at 8:00 AM U.S. Eastern Time on October 28, 2021 (8:00 PM Beijing / Hong Kong time on the same day).

Daqo New Energy to Announce Unaudited Third Quarter 2021 Results on October 28, 2021

The consensus price target hints at a 25.5% 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.

Does Daqo (DQ) Have the Potential to Rally 25% as Wall Street Analysts Expect?

Invesco Solar ETF

For the solar industry, perovskites, which are easily synthesized and manipulated materials, are key to solar stocks rising. And scientists have figured out how to use perovskites to mimic the semiconducting properties of silicon.

The Time to Buy Beaten-Down Solar Stocks Is Now

Daqo New Energy (DQ) stock is rising higher on Monday as one analyst calls it out as a top pick in the polysilicon category. The post DQ Stock: Why One Analyst Is Making Daqo New Energy Its Top Solar Pick appeared first on InvestorPlace.

DQ Stock: Why One Analyst Is Making Daqo New Energy Its Top Solar Pick

Sunworks

Solar stocks are on the move today and that's good news for investors as shares are shining brighter on energy shortage news. The post Solar Stocks: Why SUNW, SPWR, DQ, ENPH and SEDG Are Shining Bright Today appeared first on InvestorPlace.

Solar Stocks: Why SUNW, SPWR, DQ, ENPH and SEDG Are Shining Bright Today

Daqo New Energy (DQ) closed the most recent trading day at $57.91, moving +1.6% from the previous trading session.

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

Investors need to pay close attention to Daqo New Energy (DQ) stock based on the movements in the options market lately.

Are Options Traders Betting on a Big Move in Daqo New Energy (DQ) Stock?

First Solar

ReneSola

These solar stocks are facing more challenges than their competitors as they navigate near-term setbacks plaguing the industry. The post 7 Solar Stocks to Sell Before They Get Burned appeared first on InvestorPlace.

7 Solar Stocks to Sell Before They Get Burned

Daqo New Energy is a terrific company that has executed well for the past several years and continues to be a star in the solar space. The valuation, however, is being driven by unsustainably high ASPs due to supply demand imbalance.

Daqo New Energy Bubble May Have Legs

Higher year over year polysilicon average selling price and sales volumes drive Daqo New Energy's (DQ) top line in Q2.

Daqo New Energy (DQ) Earnings and Sales Miss Estimates in Q2

Daqo New Energy Corp. (DQ) CEO Longgen Zhang on Q2 2021 Results - Earnings Call Transcript

Daqo New Energy Corp (NYSE: DQ) reported second-quarter FY21 revenue growth of 230.6% year-on-year to $441.4 million beating the analyst consensus of $407 million. ASML Holding's (NASDAQ: ASML) Q2 revenue of $4.84 billion missed the analyst consensus of $4.92 billion.

News for Daqo New Energy Stock (DQ)