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Daqo New Energy NYSE:DQ Stock Report

Last Price

US$23.56

Market Cap

US$1.5b

7D

3.7%

1Y

-46.3%

Updated

25 Apr, 2024

Data

Company Financials +

DQ Stock Overview

Daqo New Energy Corp., together with its subsidiaries, manufactures and sells polysilicon to photovoltaic product manufacturers in the People’s Republic of China.

DQ fundamental analysis
Snowflake Score
Valuation3/6
Future Growth2/6
Past Performance2/6
Financial Health6/6
Dividends0/6

Daqo New Energy Corp. Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Daqo New Energy
Historical stock prices
Current Share PriceUS$23.56
52 Week HighUS$48.31
52 Week LowUS$17.30
Beta0.21
1 Month Change-10.55%
3 Month Change22.84%
1 Year Change-46.34%
3 Year Change-71.81%
5 Year Change210.16%
Change since IPO129.85%

Recent News & Updates

Recent updates

Daqo New Energy Remains Too Cheap To Ignore - Bullish Support Is Here

Apr 20

Returns At Daqo New Energy (NYSE:DQ) Appear To Be Weighed Down

Apr 08
Returns At Daqo New Energy (NYSE:DQ) Appear To Be Weighed Down

Daqo New Energy: An Opportunity To Buy The Company For Cents On The Dollar

Apr 03

Daqo New Energy Corp. (NYSE:DQ) Held Back By Insufficient Growth Even After Shares Climb 46%

Mar 12
Daqo New Energy Corp. (NYSE:DQ) Held Back By Insufficient Growth Even After Shares Climb 46%

Now All Grown Up, Should Daqo Consider Privatizing?

Mar 01

Top Value Stock 2024: Daqo New Energy

Jan 01

A Look Into Daqo New Energy's (NYSE:DQ) Impressive Returns On Capital

Dec 07
A Look Into Daqo New Energy's (NYSE:DQ) Impressive Returns On Capital

Daqo: The Global Supply-Demand Picture Appears Imbalanced Through 2024

Dec 01

Calculating The Intrinsic Value Of Daqo New Energy Corp. (NYSE:DQ)

Nov 16
Calculating The Intrinsic Value Of Daqo New Energy Corp. (NYSE:DQ)

Daqo New Energy: Likely To Weather The Downturn Successfully

Nov 12

Daqo New Energy: A New Sunrise, But With Some Clouds

Oct 03

Why The 30% Return On Capital At Daqo New Energy (NYSE:DQ) Should Have Your Attention

Sep 08
Why The 30% Return On Capital At Daqo New Energy (NYSE:DQ) Should Have Your Attention

Daqo: Trifecta Of Glut, Volatile Spot Prices, And Geopolitical Discounts

Sep 03

Time To Worry? Analysts Just Downgraded Their Daqo New Energy Corp. (NYSE:DQ) Outlook

Aug 04
Time To Worry? Analysts Just Downgraded Their Daqo New Energy Corp. (NYSE:DQ) Outlook

DQ Is A Deep Value Opportunity Before Earnings

Aug 01

Daqo New Energy: Valuation Is Ridiculous

Jul 21

Daqo New Energy: IRA Domestic Content Clarity Could Provide A Boost

Jun 13

Should You Be Adding Daqo New Energy (NYSE:DQ) To Your Watchlist Today?

Jun 13
Should You Be Adding Daqo New Energy (NYSE:DQ) To Your Watchlist Today?

Shareholders Would Enjoy A Repeat Of Daqo New Energy's (NYSE:DQ) Recent Growth In Returns

May 26
Shareholders Would Enjoy A Repeat Of Daqo New Energy's (NYSE:DQ) Recent Growth In Returns

These 4 Measures Indicate That Daqo New Energy (NYSE:DQ) Is Using Debt Safely

May 05
These 4 Measures Indicate That Daqo New Energy (NYSE:DQ) Is Using Debt Safely

Daqo New Energy: Momentum Is Building Up As Polysilicon Prices Rebound

Feb 26

Here's Why Daqo New Energy (NYSE:DQ) Has Caught The Eye Of Investors

Feb 23
Here's Why Daqo New Energy (NYSE:DQ) Has Caught The Eye Of Investors

Daqo New Energy Is Profitable, Yet Priced Below Tangible Book Value

Feb 16

Daqo New Energy (NYSE:DQ) Knows How To Allocate Capital Effectively

Feb 05
Daqo New Energy (NYSE:DQ) Knows How To Allocate Capital Effectively

Is Daqo New Energy Corp. (NYSE:DQ) Worth US$46.8 Based On Its Intrinsic Value?

Jan 18
Is Daqo New Energy Corp. (NYSE:DQ) Worth US$46.8 Based On Its Intrinsic Value?

Daqo New Energy: Time To Be Greedy

Jan 03

Daqo Unveils $1.2 Billion Price Tag For Second Phase Of Expansion

Dec 08

We Ran A Stock Scan For Earnings Growth And Daqo New Energy (NYSE:DQ) Passed With Ease

Nov 16
We Ran A Stock Scan For Earnings Growth And Daqo New Energy (NYSE:DQ) Passed With Ease

Daqo New Energy announces $700M stock buyback program

Nov 07

Daqo's units strike deal to supply polysilicon to Chinese manufacturer for six years

Oct 25

Daqo New Energy's subsidiaries announces 5-year polysilicon supply agreement

Oct 14

Returns on Capital Paint A Bright Future For Daqo New Energy (NYSE:DQ)

Oct 05
Returns on Capital Paint A Bright Future For Daqo New Energy (NYSE:DQ)

Daqo New Energy: It Pays To Be Patient - Now We Turn Bullish

Sep 30

Daqo New Energy: World Leader In Polysilicon Is An Attractive Buy

Sep 16

Daqo New Energy: On The Cusp Of A Bullish Third Wave (Technical Analysis)

Aug 30

Daqo New Energy: Don't Join The Bullish Camp Now

Aug 20

Daqo New Energy: Shines Bright Like A Diamond - Not A Buy Now

Aug 09

With EPS Growth And More, Daqo New Energy (NYSE:DQ) Makes An Interesting Case

Aug 09
With EPS Growth And More, Daqo New Energy (NYSE:DQ) Makes An Interesting Case

DAQO New Energy GAAP EPADS of $8.36 beats by $1.90, revenue of $1.24B beats by $90M

Aug 03

Daqo New Energy Sees Strong First-Half Profit, Continued Rising Polysilicon Prices

Jul 11

Why We Like The Returns At Daqo New Energy (NYSE:DQ)

Jun 20
Why We Like The Returns At Daqo New Energy (NYSE:DQ)

Daqo New Energy: Poised To Outperform The Market

Jun 08

Shareholder Returns

DQUS SemiconductorUS Market
7D3.7%0.1%1.0%
1Y-46.3%93.2%21.9%

Return vs Industry: DQ underperformed the US Semiconductor industry which returned 93.2% over the past year.

Return vs Market: DQ underperformed the US Market which returned 21.9% over the past year.

Price Volatility

Is DQ's price volatile compared to industry and market?
DQ volatility
DQ Average Weekly Movement7.9%
Semiconductor Industry Average Movement7.1%
Market Average Movement6.0%
10% most volatile stocks in US Market16.8%
10% least volatile stocks in US Market3.0%

Stable Share Price: DQ has not had significant price volatility in the past 3 months.

Volatility Over Time: DQ's weekly volatility (8%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
20064,099Xiang Xuwww.dqsolar.com

Daqo New Energy Corp., together with its subsidiaries, manufactures and sells polysilicon to photovoltaic product manufacturers 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. Fundamentals Summary

How do Daqo New Energy's earnings and revenue compare to its market cap?
DQ fundamental statistics
Market capUS$1.55b
Earnings (TTM)US$421.16m
Revenue (TTM)US$2.31b

3.7x

P/E Ratio

0.7x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
DQ income statement (TTM)
RevenueUS$2.31b
Cost of RevenueUS$1.39b
Gross ProfitUS$920.65m
Other ExpensesUS$499.49m
EarningsUS$421.16m

Last Reported Earnings

Dec 31, 2023

Next Earnings Date

Apr 29, 2024

Earnings per share (EPS)6.41
Gross Margin39.88%
Net Profit Margin18.24%
Debt/Equity Ratio0%

How did DQ perform over the long term?

See historical performance and comparison
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