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Last update at 2024-11-20T21:00:00Z
Daqo New Energy to Announce Unaudited Results for the Third Quarter of 2024 on October 30, 2024
Tue 15 Oct 24, 11:00 AMAre Options Traders Betting on a Big Move in Daqo New Energy (DQ) Stock?
Wed 25 Sep 24, 12:59 PMThree US Growth Stocks With High Insider Ownership
Mon 23 Sep 24, 11:01 AMDaqo New Energy Corp. (DQ): A Bull Case Theory
Fri 20 Sep 24, 02:25 PMDaqo New Energy, Guardant Health lower in premarket; SolarEdge, Xpeng gain
Mon 26 Aug 24, 01:22 PMDaqo New Energy (DQ) Reports Q2 Loss, Misses Revenue Estimates
Mon 26 Aug 24, 11:45 AMDaqo New Energy Announces Unaudited Second Quarter 2024 Results
Mon 26 Aug 24, 10:30 AM3 US Growth Stocks With Up To 28% Insider Ownership
Fri 23 Aug 24, 07:31 PMAmerican Resources Corporation (AREC) Reports Q2 Loss, Lags Revenue Estimates
Mon 19 Aug 24, 09:15 PMBreakdown | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 |
---|---|---|---|---|---|
Type | yearly | yearly | yearly | yearly | yearly |
Date | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 |
Income before tax | 3056.89M | 1034.95M | 162.13M | 37.89M | 73.79M |
Minority interest | -659.81900M | -115.92300M | 31.79M | 0.52M | 0.52M |
Net income | 1859.96M | 756.22M | 129.19M | 29.52M | 38.12M |
Selling general administrative | 354.07M | 39.90M | 39.47M | 32.46M | 27.08M |
Selling and marketing expenses | - | - | - | - | 0.00033M |
Gross profit | 3407.92M | 1097.21M | 233.99M | 80.10M | 98.11M |
Reconciled depreciation | 107.10M | - | 68.69M | 47.37M | 27.49M |
Ebit | 3040.62M | 1051.42M | 120.08M | 47.48M | 82.72M |
Ebitda | 3038.84M | 1051.42M | 188.76M | 95.89M | 110.20M |
Depreciation and amortization | -1.79000M | -111.91100M | 68.69M | 48.40M | 27.49M |
Non operating income net other | - | - | - | - | - |
Operating income | 3040.62M | 1051.42M | 120.08M | 47.48M | 81.48M |
Other operating expenses | 1567.72M | 627.38M | 487.75M | 302.51M | 220.12M |
Interest expense | 14.47M | 20.48M | 26.63M | 10.40M | 10.76M |
Tax provision | 537.11M | 162.81M | 28.18M | 9.62M | 11.72M |
Interest income | 16.26M | 16.47M | 25.73M | 9.60M | 7.69M |
Net interest income | 14.47M | -20.48200M | -25.72500M | -9.41380M | -9.52680M |
Extraordinary items | 0.00000M | 0.00000M | -0.14100M | 1.06M | -23.03218M |
Non recurring | - | - | - | - | - |
Other items | - | - | - | - | - |
Income tax expense | 537.11M | 162.81M | 28.18M | 9.62M | 11.72M |
Total revenue | 4608.35M | 1678.79M | 675.60M | 349.99M | 301.60M |
Total operating expenses | 367.30M | 45.79M | 46.14M | 32.62M | 16.64M |
Cost of revenue | 1200.43M | 581.59M | 441.61M | 269.89M | 203.49M |
Total other income expense net | 16.26M | -16.47000M | 42.05M | -9.59900M | 1.84M |
Discontinued operations | - | - | -0.14100M | 1.26M | -23.03218M |
Net income from continuing ops | 2519.78M | 872.14M | 133.95M | 28.26M | 62.07M |
Net income applicable to common shares | 1859.96M | 756.22M | 129.19M | 29.52M | 38.12M |
Preferred stock and other adjustments | - | - | - | - | - |
Breakdown | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 |
---|---|---|---|---|---|
Type | yearly | yearly | yearly | yearly | yearly |
Date | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 |
Total assets | 7592.98M | 3343.65M | 1239.14M | 1201.36M | 854.93M |
Intangible assets | 80.33M | 40.74M | 30.83M | 29.59M | 22.25M |
Earning assets | - | - | - | - | - |
Other current assets | 53.80M | 45.08M | 11.48M | 15.34M | 10.34M |
Total liab | 948.24M | 672.53M | 440.23M | 634.20M | 329.80M |
Total stockholder equity | 4847.53M | 2169.25M | 767.12M | 566.64M | 525.13M |
Deferred long term liab | - | - | - | - | - |
Other current liab | 489.59M | 123.14M | 107.53M | 169.54M | 63.03M |
Common stock | 0.04M | 0.04M | 0.04M | 0.04M | 0.03M |
Capital stock | 0.04M | 0.04M | 0.04M | 0.03M | 0.03M |
Retained earnings | 2898.84M | 1079.04M | 330.12M | 200.92M | 171.40M |
Other liab | 213.40M | 122.03M | 32.87M | 37.45M | 46.63M |
Good will | - | - | - | - | - |
Other assets | 98.62M | 0.82M | 0.15M | 1.57M | 53.31M |
Cash | 3520.35M | 723.97M | 76.60M | 51.84M | 65.42M |
Cash and equivalents | 3520.35M | 723.77M | 76.60M | 51.84M | 65.42M |
Total current liabilities | 734.83M | 550.50M | 284.13M | 445.15M | 149.85M |
Current deferred revenue | 121.99M | 202.96M | 37.78M | 33.03M | 10.21M |
Net debt | -3499.66400M | -723.96600M | 166.49M | 329.62M | 135.31M |
Short term debt | 20.69M | 142.94M | 119.87M | 229.87M | 67.42M |
Short long term debt | 20.69M | - | 119.79M | 230.59M | 67.41M |
Short long term debt total | 20.69M | - | 243.09M | 381.46M | 200.73M |
Other stockholder equity | 2124.68M | 1022.40M | 410.70M | 385.62M | 366.93M |
Property plant equipment | 2605.20M | 1559.11M | 1027.20M | 995.22M | 616.97M |
Total current assets | 4889.16M | 1742.98M | 180.27M | 174.33M | 160.07M |
Long term investments | - | - | 0.69M | 0.64M | 0.65M |
Net tangible assets | 4767.20M | 2128.51M | 736.29M | 537.05M | 501.21M |
Short term investments | 13.93M | 280.25M | - | 0.00000M | 21.81M |
Net receivables | 1131.57M | 365.91M | 0.28M | 5.67M | 10.11M |
Long term debt | - | 0.00000M | 123.22M | 151.52M | 133.31M |
Inventory | 169.52M | 327.77M | 42.16M | 36.39M | 15.45M |
Accounts payable | 102.56M | 81.47M | 18.95M | 12.71M | 9.20M |
Total permanent equity | - | - | - | - | - |
Noncontrolling interest in consolidated entity | - | - | - | - | - |
Temporary equity redeemable noncontrolling interests | - | - | - | - | - |
Accumulated other comprehensive income | -176.03200M | 67.77M | 26.27M | -19.93700M | -13.23200M |
Additional paid in capital | - | - | - | - | - |
Common stock total equity | - | - | 0.04M | 0.03M | 0.03M |
Preferred stock total equity | - | - | - | - | - |
Retained earnings total equity | - | - | - | - | - |
Treasury stock | - | -1.74900M | -1.74900M | -1.74884M | -1.74884M |
Accumulated amortization | - | - | - | - | - |
Non currrent assets other | 16.49M | 0.82M | 0.15M | 0.22M | 59.52M |
Deferred long term asset charges | - | - | - | - | - |
Non current assets total | 2703.82M | 1600.67M | 1058.87M | 1027.03M | 694.86M |
Capital lease obligations | - | 0.00000M | 0.08M | 0.16M | - |
Long term debt total | 0.00000M | 0.00000M | 123.22M | 151.52M | 133.31M |
Breakdown | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 |
---|---|---|---|---|---|
Type | yearly | yearly | yearly | yearly | yearly |
Date | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 |
Investments | -1003.47100M | -782.00400M | -118.48700M | -261.82771M | -164.72030M |
Change to liabilities | 0.00000M | 317.17M | 5.61M | 26.25M | -8.13024M |
Total cashflows from investing activities | -1003.47100M | -782.00400M | -118.48700M | -261.82771M | -164.72030M |
Net borrowings | - | -200.87400M | -124.13900M | 103.67M | -3.81742M |
Total cash from financing activities | 1472.87M | 736.23M | -95.47100M | 102.33M | 86.71M |
Change to operating activities | -492.33900M | -326.02700M | -14.46400M | 79.14M | -7.20534M |
Net income | 2519.78M | 872.14M | 133.95M | 28.26M | 62.07M |
Change in cash | 2796.39M | 605.56M | 3.11M | 20.17M | 22.45M |
Begin period cash flow | 723.97M | 118.40M | 115.29M | 95.12M | 72.67M |
End period cash flow | 3520.35M | 723.97M | 118.40M | 115.29M | 95.12M |
Total cash from operating activities | 2466.93M | 639.10M | 209.70M | 180.99M | 95.55M |
Issuance of capital stock | - | - | 0.00000M | 0.00000M | 113.54M |
Depreciation | 107.10M | 77.37M | 68.69M | 47.42M | 27.49M |
Other cashflows from investing activities | -1003.47100M | -782.00400M | -118.48700M | 1.46M | 0.62M |
Dividends paid | - | - | - | - | - |
Change to inventory | 138.26M | -275.43200M | -5.12500M | -21.63500M | -0.64100M |
Change to account receivables | 0.00000M | - | 0.01M | 1.16M | -0.54000M |
Sale purchase of stock | -124.92900M | 937.10M | 0.58M | 0.79M | 114.23M |
Other cashflows from financing activities | 1776.55M | 736.23M | 150.11M | 168.93M | 67.82M |
Change to netincome | 990.99M | 131.54M | 26.29M | 18.02M | 55.46M |
Capital expenditures | 1250.52M | 508.26M | 118.29M | 285.64M | 143.06M |
Change receivables | - | - | - | - | - |
Cash flows other operating | - | - | - | - | - |
Exchange rate changes | - | - | - | - | - |
Cash and cash equivalents changes | - | - | - | - | - |
Change in working capital | -492.33900M | -326.02700M | -14.46400M | 86.62M | -25.63500M |
Stock based compensation | 307.45M | - | 17.91M | 17.90M | 13.79M |
Other non cash items | 24.95M | 92.98M | 90.27M | 1.34M | 17.99M |
Free cash flow | 1216.41M | 639.10M | 91.41M | -104.64400M | -47.51300M |
Sector: Technology Industry: Semiconductor Equipment & Materials
Company | Change (USD) | Price (USD) | Trailing PE (x) | Forward PE (x) | Price Sales TTM (x) | Price to Book Value (x) | Enterprise Value to Revenue (x) | Enterprise Value to EBITDA (x) |
---|---|---|---|---|---|---|---|---|
DQ Daqo New Energy Corp ADR |
1.80 9.83% | 20.12 | 2.83 | 5.22 | 0.72 | 0.38 | 0.83 | -1.6614 |
ASML ASML Holding NV ADR |
-6.56 0.99% | 655.60 | 49.01 | 44.05 | 13.98 | 26.27 | 13.85 | 38.25 |
ASMLF ASML Holding NV |
-15.0 2.24% | 655.00 | 35.84 | 34.36 | 10.90 | 22.09 | 10.98 | 30.93 |
AMAT Applied Materials Inc |
0.32 0.19% | 169.63 | 25.44 | 25.19 | 6.52 | 9.91 | 6.46 | 19.50 |
LRCX Lam Research Corp |
-0.07 0.10% | 70.10 | 35.59 | 26.25 | 8.76 | 15.26 | 8.72 | 27.97 |
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. was founded in 2006 and is based in Shanghai, the People's Republic of China.
Huadu Mansion, Shanghai, China, 200122
Name | Title | Year Born |
---|---|---|
Mr. Guangfu Xu | Founder & Chairman | 1943 |
Mr. Longgen Zhang | CEO & Director | 1965 |
Mr. Ming Yang | Chief Financial Officer | 1973 |
Mr. Kevin He | Head of Investor Relations | NA |
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