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Daqo New Energy Corp ADR

Technology US DQ

20.12USD
1.80(9.83%)

Last update at 2024-11-20T21:00:00Z

Day Range

18.3520.67
LowHigh

52 Week Range

21.4855.60
LowHigh

Fundamentals

  • Previous Close 18.32
  • Market Cap1931.65M
  • Volume928028
  • P/E Ratio2.83
  • Dividend Yield-%
  • EBITDA1454.57M
  • Revenue TTM2695.65M
  • Revenue Per Share TTM35.11
  • Gross Profit TTM 3407.92M
  • Diluted EPS TTM8.83

Financials

Income Statement

Balancesheet

Change in Cash

Total Operating Cash

Dividends Paid

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
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

Peer Comparison

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

Reports Covered

Stock Research & News

Profile

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.

Daqo New Energy Corp ADR

Huadu Mansion, Shanghai, China, 200122

Key Executives

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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