Daqo New Stock Today

DQ
 Stock
  

USD 68.90  0.32  0.47%   

Market Performance
12 of 100
Odds Of Distress
Less than 1
Daqo New is selling at 68.90 as of the 16th of August 2022; that is 0.47 percent increase since the beginning of the trading day. The stock's last reported lowest price was 67.51. Daqo New has a very small chance of experiencing financial distress in the next few years and had a good performance during the last 90 days. Equity ratings for Daqo New Energy are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 26th of August 2020 and ending today, the 16th of August 2022. Click here to learn more.
CUSIP
23703Q104
Fiscal Year End
December
Business Domain
Semiconductors & Semiconductor Equipment
IPO Date
7th of October 2010
Category
Technology
Classification
Information Technology
ISIN
US23703Q2030
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. The company has 73.51 M outstanding shares of which 1.93 M shares are currently sold short in the market by investors with about 0.85 days to cover all shorted shares. More on Daqo New Energy

Moving against Daqo New

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0.51CCMPCMC Materials Fiscal Year End 9th of November 2022 PairCorr

Daqo New Stock Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. If you consider yourself one of those investors, make sure you clearly understand your entering position. Daqo New's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Daqo New or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
Daqo New Energy appears to be risky and price may revert if volatility continues
Daqo New Energy is unlikely to experience financial distress in the next 2 years
About 59.0% of the company shares are held by institutions such as insurance companies
Latest headline from www.cmcmarkets.com: Daqo, JinkoSolar and Xinyi Solar shares dominate China solar market - Opto RoW
CEOLonggen Zhang
SEC FilingsDaqo New Security & Exchange Commission EDGAR Reports
Thematic Ideas
Showing 3 out of 4 themes
Fama & French Classification
Average Analyst Recommendation
Analysts covering Daqo New report their recommendations after researching Daqo New's financial statements, talking to executives and customers, or listening in on Daqo New's conference calls. The current trade recommendation is based on an ongoing consensus estimate among financial analysts covering Daqo New Energy. The Daqo New consensus assessment is calculated by taking the average forecast from all of the analysts covering Daqo New.
Piotroski F Score
Piotroski F-Score is a popular financial indicator that puts together nine criteria to evaluate the financial strength of Daqo New Energy based on its profitability, leverage, liquidity, source of funds, and operating efficiency. It is an academic score (developed by Joseph Piotroski in 2002) to determine the current strength of Daqo New Energy financial position. Scores of 8 and 9 are usually classified as strong value stocks, whereas scores of 2 or below are considered weak value stocks.
HealthyDetails
Current ValueLast YearChange From Last Year 10 Year Trend
Weighted Average Shares346.5 M369.3 M
Notably Down
Increasing
Slightly volatile
Weighted Average Shares Diluted358.2 M383.8 M
Significantly Down
Increasing
Slightly volatile
Net Cash Flow from Operations689.4 M639 M
Significantly Up
Increasing
Slightly volatile
Total Assets3.6 B3.3 B
Significantly Up
Increasing
Slightly volatile
Total Liabilities627.3 M679.8 M
Significantly Down
Increasing
Slightly volatile
Current Assets1.9 B1.7 B
Significantly Up
Increasing
Slightly volatile
Current Liabilities465.8 M550.5 M
Fairly Down
Increasing
Slightly volatile
Total Debt228.2 M218.8 M
Sufficiently Up
Decreasing
Slightly volatile
Return on Average Assets0.340.316
Significantly Up
Increasing
Slightly volatile
Gross Margin0.710.654
Significantly Up
Increasing
Slightly volatile
Asset Turnover0.580.708
Significantly Down
Increasing
Slightly volatile
Macroaxis Advice
Unlike general analyst consensus, Macroaxis buy hold or sell recommendation is provided in the context of your current investment horizon and risk tolerance. The advice algorithm takes into account all of Daqo New's available fundamental, technical, and predictive indicators. Your current horizon is 90 days - details
Strong BuyUndervalued
Financial Strength
Daqo New's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Daqo New's success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit.
Financial leverage usually refers to the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Daqo New's financial leverage. It provides some insight into what part of Daqo New's total assets is financed by creditors.
Share Download
Share Download
By using current balance sheet information, investors can analyze the liability, assets, and equity on Daqo New's books and decide whether to invest or hold. Statistics such as return on equity (ROE), debt to equity (D/E) help investors determine how Daqo New deploys its capital and how much of that capital is borrowed.
Liquidity
Daqo New cash flow analysis is essential to understand how it generates and spends money over a specific period. It can also help you figure out where your money is going and how much cash you have available at a given moment. The company reports 222.33 M of total liabilities with total debt to equity ratio (D/E) of 0.25, which may suggest the company is not taking enough advantage from financial leverage. Daqo New Energy has a current ratio of 2.92, indicating that it is in good position to pay out its debt commitments in time. Debt can assist Daqo New until it has trouble settling it off, either with new capital or with free cash flow. So, Daqo New's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Daqo New Energy sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Daqo New to invest in growth at high rates of return. When we think about Daqo New's use of debt, we should always consider it together with cash and equity.

Operating Cash Flow

689.44 Million
Daqo New Energy (DQ) is traded on New York Stock Exchange in USA. It is located in Huadu Mansion and employs 2,399 people. Daqo New is listed under Electronic Equipment category by Fama And French industry classification. The company currently falls under 'Mid-Cap' category with market capitalization of 5.05 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Daqo New's market, we take the total number of its shares issued and multiply it by Daqo New's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and these looking for more risk prefer small-cap and mid-cap equities. Daqo New Energy is active under Technology sector as part of Semiconductor Equipment & Materials industry. The entity has 73.51 M outstanding shares of which 1.93 M shares are currently sold short in the market by investors with about 0.85 days to cover all shorted shares. Daqo New Energy reports about 1.14 B in cash with 711.16 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 15.23.
Check Daqo New Probability Of Bankruptcy
Ownership
Daqo New Energy retains a total of 73.51 Million outstanding shares. Over half of Daqo New Energy outstanding shares are owned by other corporate entities. These other corporate entities are typically referred to corporate investors that obtain positions in a given instrument to benefit from reduced trade commissions. Consequently, these institutions are subject to different rules and regulation than regular investors in Daqo New. Please watch out for any change in the institutional holdings of Daqo New Energy as this could mean something significant has changed or about to change at the company. Note that regardless of who owns the company, if the true value of the entity is less than the market is willing to pay for it, you may not be able to generate positive returns over time.

Ownership Allocation (%)

Check Daqo New Ownership Details

Daqo New Stock Price Odds Analysis

What are Daqo New's target price odds to finish over the current price? Contingent on a normal probability distribution, the odds of Daqo New jumping above the current price in 90 days from now is about 19.38%. The Daqo New Energy probability density function shows the probability of Daqo New stock to fall within a particular range of prices over 90 days. Allowing for the 90-day total investment horizon the stock has a beta coefficient of 1.1187 suggesting Daqo New Energy market returns are highly reactive to returns on the market. As the market goes up or down, Daqo New is expected to follow. Additionally, the company has an alpha of 0.919, implying that it can generate a 0.92 percent excess return over DOW after adjusting for the inherited market risk (beta).
  Odds Below 68.9HorizonTargetOdds Above 68.9
80.54%90 days
 68.90 
19.38%
Based on a normal probability distribution, the odds of Daqo New to move above the current price in 90 days from now is about 19.38 (This Daqo New Energy probability density function shows the probability of Daqo New Stock to fall within a particular range of prices over 90 days) .

Daqo New Historical Income Statement

Daqo New Energy Income Statement is one of the three primary financial statements used for reporting Daqo New's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Daqo New Energy revenue and expense. Daqo New Income Statement primarily focuses on the company's revenues and expenses during a particular period.
Daqo New Net Loss Income from Discontinued Operations is very stable at the moment as compared to the past year. Daqo New reported last year Net Loss Income from Discontinued Operations of 162,150. As of 16th of August 2022, Net Income to Non Controlling Interests is likely to grow to about 125.1 M, while Research and Development Expense is likely to drop about 5.4 M. View More Fundamentals

Daqo New Stock Against Markets

Picking the right benchmark for Daqo New stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Daqo New stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Daqo New is critical whether you are bullish or bearish towards Daqo New Energy at a given time.

Be your own money manager

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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Daqo New Corporate Directors

Daqo New corporate directors refer to members of a Daqo New board of directors. The board of directors generally takes responsibility for the Daqo New's affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of Daqo New's board members must vote for the resolution. The Daqo New board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.
Dafeng Shi - DirectorProfile
Shuming Zhao - Independent DirectorProfile
Fumin Zhuo - Independent DirectorProfile
Xiang Xu - DirectorProfile

Invested in Daqo New Energy?

You need to understand the risk of investing before taking a position in Daqo New. The danger of trading Daqo New Energy is mainly related to its market volatility and company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Daqo New is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Daqo New. The Shape ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Daqo New Energy is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
Continue to Investing Opportunities. 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 Performance Analysis module to check effects of mean-variance optimization against your current asset allocation.

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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.