Stock DQ DAQO NEW ENERGY CORP.
Add to a list
To use this feature you must be a member
Log inSign up

Financials Daqo New Energy Corp.

Equities

DQ

US23703Q2030

Renewable Energy Equipment & Services

Market Closed - Nyse
Other stock markets
 16:00:02 2024-05-02 EDT 		5-day change 1st Jan Change
19.14 USD +2.03% Intraday chart for Daqo New Energy Corp. -18.76% -28.05%
04-29 Asian Equities Traded in the US as American Depositary Receipts Open Week on Flat Note in Monday Trading MT
04-29 Sector Update: Tech Stocks Steady Premarket Monday MT

Valuation

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 680 3,986 2,964 2,895 2,055 1,238 - -
Enterprise Value (EV) 1 908.3 4,157 2,240 -364.1 -992.7 -1,411 -1,573 -2,049
P/E ratio 24.3 x 33.3 x 4.09 x 1.62 x 4.73 x 23.7 x 3.5 x 2.59 x
Yield - - - - - 1.97% 4.48% 5.86%
Capitalization / Revenue 1.94 x 5.9 x 1.77 x 0.63 x 0.89 x 0.62 x 0.42 x 0.38 x
EV / Revenue 2.6 x 6.15 x 1.33 x -0.08 x -0.43 x -0.71 x -0.54 x -0.63 x
EV / EBITDA 9.53 x 16.2 x 1.98 x -0.12 x -1.08 x -4.55 x -1.44 x -1.51 x
EV / FCF -8.59 x 45.3 x 15.9 x -0.29 x - 2.3 x -14 x -3.88 x
FCF Yield -11.6% 2.21% 6.28% -345% - 43.4% -7.14% -25.8%
Price to Book 1.23 x 5.61 x 1.38 x 0.6 x - 0.22 x 0.21 x 0.19 x
Nbr of stocks (in thousands) 66,406 69,484 73,514 74,980 77,266 66,007 - -
Reference price 2 10.24 57.36 40.32 38.61 26.60 18.76 18.76 18.76
Announcement Date 20-03-11 21-03-09 22-02-28 23-02-28 24-02-28 - - -
1USD in Million2USD
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net sales 1 350 675.6 1,679 4,608 2,309 1,996 2,925 3,230
EBITDA 1 95.3 256.5 1,133 3,151 918.6 310.1 1,094 1,360
EBIT 1 47.48 187.9 1,051 3,041 783.4 101.2 758.3 882
Operating Margin 13.57% 27.81% 62.63% 65.98% 33.94% 5.07% 25.92% 27.3%
Earnings before Tax (EBT) 1 37.89 162.1 1,035 3,057 818.5 150 787.5 982.4
Net income 1 29.52 129.2 756.2 1,860 421.2 51.9 371.8 505.3
Net margin 8.44% 19.12% 45.05% 40.36% 18.24% 2.6% 12.71% 15.64%
EPS 2 0.4220 1.720 9.850 23.86 5.620 0.7900 5.358 7.240
Free Cash Flow 1 -105.7 91.85 140.6 1,257 - -612.7 112.3 528.8
FCF margin -30.2% 13.6% 8.37% 27.28% - -30.7% 3.84% 16.37%
FCF Conversion (EBITDA) - 35.8% 12.41% 39.91% - - 10.26% 38.89%
FCF Conversion (Net income) - 71.09% 18.59% 67.6% - - 30.2% 104.64%
Dividend per Share 2 - - - - - 0.3700 0.8400 1.100
Announcement Date 20-03-11 21-03-09 22-02-28 23-02-28 24-02-28 - - -
1USD in Million2USD
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December 2021 Q3 2021 Q4 2022 Q1 2022 Q2 2022 Q3 2022 Q4 2022 S2 2023 Q1 2023 Q2 2023 Q3 2023 Q4 2024 Q1 2024 Q2 2024 Q3 2024 Q4 2025 Q1
Net sales 1 585.8 395.5 1,280 1,244 1,220 864.3 2,084 709.8 636.7 484.8 477.1 415.3 406.5 546.1 628.1 648
EBITDA 1 441.8 251.1 826.8 955.4 720 - - 490.2 230 70.21 128.2 76.91 27.2 100.1 105.2 121.9
EBIT 1 421.7 228.1 796.9 927.6 693 623.1 1,316 463.8 213.9 22.47 83.29 30.51 -25 46.2 49.5 60.4
Operating Margin 71.99% 57.67% 62.24% 74.56% 56.82% 72.09% 63.15% 65.34% 33.59% 4.63% 17.46% 7.35% -6.15% 8.46% 7.88% 9.32%
Earnings before Tax (EBT) 1 417.9 229.4 797 923.9 701 635 1,336 475.8 206.9 39.28 96.52 42.51 -12.7 58.4 61.8 72.7
Net income 1 292.3 148.6 535.8 627.8 323.4 372.9 696.3 278.8 103.7 -6.312 44.95 15.47 -15.8 25.2 27.1 33.4
Net margin 49.9% 37.56% 41.85% 50.46% 26.52% 43.15% 33.41% 39.28% 16.29% -1.3% 9.42% 3.73% -3.89% 4.61% 4.31% 5.15%
EPS 2 3.810 1.940 6.990 8.180 4.180 - - 3.520 1.340 -0.0900 0.6400 0.2400 -0.2400 0.3800 0.4100 0.5100
Dividend per Share - - - - - - - - - - - - - - - -
Announcement Date 21-10-28 22-02-28 22-04-21 22-08-03 22-10-27 23-02-28 23-02-28 23-04-27 23-08-03 23-10-30 24-02-28 24-04-29 - - - -
1USD in Million2USD
Estimates

Balance Sheet Analysis

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net Debt 1 228 172 - - - - - -
Net Cash position 1 - - 724 3,259 3,048 2,649 2,811 3,287
Leverage (Debt/EBITDA) 2.395 x 0.6688 x - - - - - -
Free Cash Flow 1 -106 91.8 141 1,257 - -613 112 529
ROE (net income / shareholders' equity) 5.41% 19.4% 51.5% 53.1% 8.81% 0.8% 7.49% 8.49%
ROA (Net income/ Total Assets) 2.87% 10.6% 33% 34% 5.6% 0.7% 5.29% 6.83%
Assets 1 1,028 1,220 2,291 5,468 7,518 7,414 7,027 7,403
Book Value Per Share 2 8.340 10.20 29.20 63.90 - 84.40 89.40 97.30
Cash Flow per Share 2 2.590 2.800 8.330 32.50 21.50 11.90 13.70 13.40
Capex 1 279 118 499 1,205 - 705 618 381
Capex / Sales 79.73% 17.51% 29.69% 26.16% - 35.34% 21.13% 11.8%
Announcement Date 20-03-11 21-03-09 22-02-28 23-02-28 24-02-28 - - -
1USD in Million2USD
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Year-on-year evolution of the Yield

Change in Enterprise Value/EBITDA

Ratings for Daqo New Energy Corp.

Trading Rating
Investor Rating
ESG Refinitiv
B-
More Ratings

Analysts' Consensus

Sell
Consensus
Buy
Mean consensus
HOLD
Number of Analysts
8
Last Close Price
18.76 USD
Average target price
29.45 USD
Spread / Average Target
+56.98%
Consensus

EPS Revisions

Estimates Revisions

Quarterly earnings - Rate of surprise

Company calendar

Sector Photovoltaic Solar Systems & Equipment

1st Jan change Capi.
DAQO NEW ENERGY CORP. Stock Daqo New Energy Corp.
-28.05% 1.24B
LONGI GREEN ENERGY TECHNOLOGY CO., LTD. Stock LONGi Green Energy Technology Co., Ltd.
-20.52% 19.05B
FIRST SOLAR, INC. Stock First Solar, Inc.
+4.78% 19.01B
TONGWEI CO.,LTD Stock Tongwei Co.,Ltd
-13.30% 13.49B
JINKO SOLAR CO., LTD. Stock Jinko Solar Co., Ltd.
-14.56% 10.46B
FLAT GLASS GROUP CO., LTD. Stock Flat Glass Group Co., Ltd.
+40.06% 8.07B
XINJIANG DAQO NEW ENERGY CO.,LTD. Stock Xinjiang Daqo New Energy Co.,Ltd.
-17.35% 7.21B
JA SOLAR TECHNOLOGY CO., LTD. Stock JA Solar Technology Co., Ltd.
-31.37% 6.46B
XINYI SOLAR HOLDINGS LIMITED Stock Xinyi Solar Holdings Limited
+24.34% 6.22B
NEXTRACKER INC. Stock Nextracker Inc.
-6.77% 5.85B
Photovoltaic Solar Systems & Equipment
  1. Stock Market
  2. Equities
  3. DQ Stock
  4. Financials Daqo New Energy Corp.