Daqo New Financial Statements From 2010 to 2022

DQ
 Stock
  

USD 68.74  1.99  2.81%   

Daqo New financial statements provide useful quarterly and yearly information to potential Daqo New Energy investors about the company's current and past financial position, as well as its overall management performance and changes in financial position over time. Historical trend examination of various income statement and balance sheet accounts found on Daqo New financial statements helps investors assess Daqo New's valuation, profitability, and current liquidity needs.
There are currently ninety-three fundamental signals for Daqo New Energy that can be evaluated and compared over time across rivals. Make sure you verify Daqo New's prevailing fundamentals against the trend between 2010 and 2022 to make sure the company can sustain itself down the road.
Daqo New Invested Capital is very stable at the moment as compared to the past year. Daqo New reported last year Invested Capital of 2.07 Billion. As of 14th of August 2022, Market Capitalization is likely to grow to about 3.2 B, while Invested Capital Average is likely to drop about 1.3 B.
  
Check Daqo New financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Daqo New main balance sheet or income statement drivers, such as Consolidated Income of 933.1 M, Cost of Revenue of 627.5 M or Earning Before Interest and Taxes EBIT of 1 B, as well as many exotic indicators such as Asset Turnover of 0.58, Book Value per Share of 31.58 or Current Ratio of 3.41. Daqo New financial statements analysis is a perfect complement when working with Daqo New Valuation or Volatility modules. It can also supplement Daqo New's financial leverage analysis and stock options assessment as well as various Daqo New Technical models . Continue to the analysis of Daqo New Correlation against competitors.

Daqo New Revenues

1.81 Billion

Daqo New Balance Sheet

Current ValueLast YearHistorical Average 10 Year Trend
Total Assets3.6 B3.3 B1.2 B
Increasing
Slightly volatile
Cash and Equivalents781.1 M724 M171.8 M
Increasing
Slightly volatile
Investments697.2 M646.2 M118.5 M
Increasing
Slightly volatile
Investments Current697.2 M646.2 M118.3 M
Increasing
Slightly volatile
Investments Non Current759.2 K738.3 K630 K
Increasing
Slightly volatile
Deferred Revenue219 M203 M49.7 M
Increasing
Slightly volatile
Deposit Liabilities112.5 M104.3 M56.7 M
Increasing
Slightly volatile
Property Plant and Equipment Net1.2 B1.6 B771.8 M
Increasing
Slightly volatile
Inventory353.6 M327.8 M69.1 M
Increasing
Slightly volatile
Tax Assets1.2 M1.2 M4.2 M
Decreasing
Slightly volatile
Trade and Non Trade Receivables10.8 M7.3 M16.9 M
Decreasing
Slightly volatile
Trade and Non Trade Payables181.3 M224.4 M110.5 M
Increasing
Slightly volatile
Total Liabilities627.3 M679.8 M474.9 M
Increasing
Slightly volatile
Shareholders Equity2.3 B2.2 B648 M
Increasing
Slightly volatile
Accumulated Retained Earnings Deficit1.2 B1.1 B262 M
Increasing
Slightly volatile
Accumulated Other Comprehensive Income25.5 M23.6 M12 M
Decreasing
Stable
Current Assets1.9 B1.7 B393.2 M
Increasing
Slightly volatile
Assets Non Current1.3 B1.6 B820.6 M
Increasing
Slightly volatile
Current Liabilities465.8 M550.5 M309.9 M
Increasing
Slightly volatile
Liabilities Non Current136 M129.3 M163.1 M
Decreasing
Slightly volatile
Tax Liabilities32.4 M30.1 M12.2 M
Increasing
Slightly volatile
Total Debt228.2 M218.8 M262.5 M
Decreasing
Slightly volatile
Debt Current151.8 M137.8 M136.5 M
Increasing
Very volatile
Debt Non Current113.8 M110.9 M131.2 M
Decreasing
Slightly volatile
Shareholders Equity USD2.3 B2.2 B648 M
Increasing
Slightly volatile
Cash and Equivalents USD781.1 M724 M171.8 M
Increasing
Slightly volatile
Total Debt USD228.2 M218.8 M262.5 M
Decreasing
Slightly volatile

Daqo New Income Statement

Current ValueLast YearHistorical Average 10 Year Trend
Revenues1.8 B1.7 B489.3 M
Increasing
Slightly volatile
Cost of Revenue627.5 M581.6 M250.4 M
Increasing
Slightly volatile
Selling General and Administrative Expense33.5 M39.9 M21.8 M
Increasing
Slightly volatile
Research and Development Expense5.4 M6.5 M3.3 M
Increasing
Slightly volatile
Operating Expenses41.6 M45.8 M41.1 M
Decreasing
Stable
Interest Expense19.6 M20.5 M15.2 M
Increasing
Slightly volatile
Income Tax Expense183.5 M170.1 M34.4 M
Increasing
Slightly volatile
Net Loss Income from Discontinued Operations166.4 K162.2 K2.3 M
Decreasing
Very volatile
Consolidated Income933.1 M864.8 M146.2 M
Increasing
Slightly volatile
Net Income to Non Controlling Interests125.1 M115.9 M7.5 M
Increasing
Slightly volatile
Net Income808 M748.9 M138.7 M
Increasing
Slightly volatile
Net Income Common Stock808 M748.9 M138.7 M
Increasing
Slightly volatile
Weighted Average Shares346.5 M369.3 M262.5 M
Increasing
Slightly volatile
Weighted Average Shares Diluted358.2 M383.8 M269.4 M
Increasing
Slightly volatile
Earning Before Interest and Taxes EBITB939.5 M188.4 M
Increasing
Slightly volatile
Revenues USD1.8 B1.7 B489.3 M
Increasing
Slightly volatile
Net Income Common Stock USD808 M748.9 M138.7 M
Increasing
Slightly volatile
Earning Before Interest and Taxes USDB939.5 M188.4 M
Increasing
Slightly volatile
Gross Profit1.2 B1.1 B239 M
Increasing
Slightly volatile
Operating Income1.1 B1.1 B197.3 M
Increasing
Slightly volatile

Daqo New Cash Flow Statement

Current ValueLast YearHistorical Average 10 Year Trend
Net Cash Flow Business Acquisitions and Disposals778 K721 K(337.2 K)
Increasing
Slightly volatile
Net Cash Flow Investment Acquisitions and Disposals(252.8 M)(246.3 M)(73.5 M)
Decreasing
Slightly volatile
Net Cash Flow from Financing794.3 M736.2 M147.5 M
Increasing
Slightly volatile
Issuance Repayment of Debt Securities (206.2 M)(200.9 M)(14 M)
Decreasing
Slightly volatile
Issuance Purchase of Equity Shares2.2 M2.1 M16.1 M
Increasing
Very volatile
Net Cash Flow from Operations689.4 M639 M171.6 M
Increasing
Slightly volatile
Effect of Exchange Rate Changes on Cash 13.2 M12.2 M3.7 M
Increasing
Slightly volatile
Net Cash Flow or Change in Cash and Cash Equivalents653.4 M605.6 M80.3 M
Increasing
Slightly volatile
Share Based Compensation9.4 M10.1 M6.9 M
Increasing
Slightly volatile
Depreciation Amortization and Accretion64.7 M77.4 M42.8 M
Increasing
Slightly volatile

Financial Ratios

Current ValueLast YearHistorical Average 10 Year Trend
Earnings per Basic Share10.9510.151.8348
Increasing
Slightly volatile
Earnings per Diluted Share10.529.751.7516
Increasing
Slightly volatile
Earnings per Basic Share USD10.9510.151.8348
Increasing
Slightly volatile
Return on Average Equity0.530.4910.0969
Increasing
Slightly volatile
Return on Average Assets0.340.3160.0718
Increasing
Slightly volatile
Return on Invested Capital0.650.60.1476
Increasing
Slightly volatile
Gross Margin0.710.6540.2792
Increasing
Slightly volatile
Profit Margin0.480.4460.0268
Increasing
Slightly volatile
EBITDA Margin0.660.6060.3016
Increasing
Slightly volatile
Return on Sales0.610.560.1349
Increasing
Slightly volatile
Asset Turnover0.580.7080.3615
Increasing
Slightly volatile
Enterprise Value over EBITDA2.352.28624.1239
Decreasing
Stable
Enterprise Value over EBIT2.052.06.3887
Increasing
Slightly volatile
Price to Earnings Ratio4.073.9728.2901
Increasing
Slightly volatile
Sales per Share24.5222.7277.953
Increasing
Slightly volatile
Price to Sales Ratio1.931.7741.6354
Increasing
Slightly volatile
Price to Book Value1.481.3811.2364
Increasing
Slightly volatile
Debt to Equity Ratio0.320.3141.3846
Decreasing
Slightly volatile
Current Ratio3.413.1660.9677
Increasing
Slightly volatile
Free Cash Flow per Share1.911.77(0.988)
Increasing
Slightly volatile
Book Value per Share31.5829.26810.6216
Increasing
Slightly volatile
Tangible Assets Book Value per Share48.8445.26522.3518
Increasing
Slightly volatile

Daqo New Valuation Data

Current ValueLast YearHistorical Average 10 Year Trend
Earnings before Tax991.6 M919 M173 M
Increasing
Slightly volatile
Earnings Before Interest Taxes and Depreciation Amortization EBITDA1.1 BB232.6 M
Increasing
Slightly volatile
Earnings Before Interest Taxes and Depreciation Amortization USD1.1 BB232.6 M
Increasing
Slightly volatile
Market Capitalization3.2 BB977.6 M
Increasing
Slightly volatile
Enterprise Value2.5 B2.3 BB
Increasing
Slightly volatile
Invested Capital2.2 B2.1 B983.3 M
Increasing
Slightly volatile
Average Equity1.6 B1.5 B536 M
Increasing
Slightly volatile
Average Assets2.6 B2.4 B1.1 B
Increasing
Slightly volatile
Invested Capital Average1.3 B1.6 B836.4 M
Increasing
Slightly volatile
Tangible Asset Value3.6 B3.3 B1.2 B
Increasing
Slightly volatile
Free Cash Flow141 M130.7 M(23.5 M)
Increasing
Slightly volatile
Working Capital1.3 B1.2 B73.4 M
Increasing
Slightly volatile

Daqo New Fundamental Market Drivers

Forward Price Earnings6.62
Shares Short Prior Month2.24M
Average Daily Volume Last 10 Day1.55M
Average Daily Volume In Three Month1.73M
Date Short Interest15th of July 2022
Fifty Day Average64.98
Two Hundred Day Average51.18

Daqo New Upcoming Events

Upcoming Quarterly Report8th of March 2022
Next Financial Report17th of May 2022
Next Fiscal Quarter End31st of December 2021
Next Fiscal Year End8th of March 2022
Last Quarter Report30th of September 2021
Last Financial Announcement31st of December 2020

About Daqo New Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include Daqo New income statement, its balance sheet, and the statement of cash flows. Daqo New investors use historical funamental indicators, such as Daqo New's revenue or net income, to determine how well the company is positioned to perform in the future. Although Daqo New investors may use each financial statement separately, they are all related. The changes in Daqo New's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Daqo New's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Daqo New Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Daqo New. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for 2022
Deferred Revenue203 M219 M
Cost of Revenue581.6 M627.5 M
Revenues1.7 B1.8 B
Daqo New Energy Corp., together with its subsidiaries, manufactures and sells polysilicon to photovoltaic product manufactures in the Peoples Republic of China. Daqo New Energy Corp. was founded in 2006 and is based in Shanghai, the Peoples Republic of China. Daqo New operates under Semiconductor Equipment Materials classification in the United States and is traded on New York Stock Exchange. It employs 2399 people.

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Our tools can tell you how much better you can do entering a position in Daqo New without increasing your portfolio risk or giving up expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate.risk-adjusted returns of your individual positions relative to your overall portfolio.

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Pair Trading with Daqo New

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Daqo New position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Daqo New will appreciate offsetting losses from the drop in the long position's value.

Moving against Daqo New

0.59KLICKulicke And Soffa Fiscal Year End 16th of November 2022 PairCorr
0.58AMATApplied Materials Earnings Call  This WeekPairCorr
The ability to find closely correlated positions to Daqo New could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Daqo New when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Daqo New - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Daqo New Energy to buy it.
The correlation of Daqo New is a statistical measure of how it moves in relation to other equities. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Daqo New moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Daqo New Energy moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Daqo New can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
Continue to the analysis of Daqo New Correlation against competitors. Note that the Daqo New Energy information on this page should be used as a complementary analysis to other Daqo New's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Instant Ratings module to determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance.

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When running Daqo New Energy price analysis, check to measure Daqo New's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Daqo New is operating at the current time. Most of Daqo New's value examination focuses on studying past and present price action to predict the probability of Daqo New's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Daqo New's price. Additionally, you may evaluate how the addition of Daqo New to your portfolios can decrease your overall portfolio volatility.
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Is Daqo New's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Daqo New. If investors know Daqo New will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Daqo New listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth YOY
1.69
Market Capitalization
5.1 B
Quarterly Revenue Growth YOY
1.82
Return On Assets
0.36
Return On Equity
0.6
The market value of Daqo New Energy is measured differently than its book value, which is the value of Daqo New that is recorded on the company's balance sheet. Investors also form their own opinion of Daqo New's value that differs from its market value or its book value, called intrinsic value, which is Daqo New's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Daqo New's market value can be influenced by many factors that don't directly affect Daqo New's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Daqo New's value and its price as these two are different measures arrived at by different means. Investors typically determine Daqo New value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Daqo New's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.