Company Deep Dive
Business segments breakdown, earnings transcript analysis, management credibility scoring, competitive landscape, and scenario modelling.
DQ
STRONG SELLREMOVEDaqo New Energy Corp. · Technology · China · $943M · Avg Vol: $13M/d
Daqo New Energy is a low-cost polysilicon manufacturer. Despite its low-cost position, polysilicon is a highly cyclical commodity currently suffering from severe global oversupply, and the company faces persistent geopolitical and ESG headwinds.
COMPANY DESCRIPTION
Daqo New Energy Corp. is a leading manufacturer of high-purity polysilicon, a critical raw material used by global solar PV product manufacturers. The company benefits from low-cost electricity and highly efficient, large-scale production facilities in China, allowing it to maintain industry-leading cost structures. It is a low-cost, pure-play upstream solar materials manufacturer.
FINANCIAL SUMMARY (USD)
| Year | 2021 | 2022 | 2023 | 2024 | 2025 | CAGR |
|---|---|---|---|---|---|---|
| Revenue | 1.7B | 4.6B | 2.3B | 1.0B | — | -15.1% |
| EPS | — | 136.62 | 33.81 | -32.06 | -15.76 | -75.3% |
| Shares | — | 67.7M | 67.7M | 67.7M | 67.7M | 0.0% |
| Debt | — | 0 | 20.7M | 978.6M | 6.8M | -42.6% |
| Equity | — | 2.2B | 4.8B | 4.8B | 4.4B | 26.4% |
| Op CF | — | 639.0M | 2.5B | 1.6B | -435.4M | 59.0% |
| Inv CF | — | -781.9M | -998.4M | -1.2B | -1.5B | — |
| Fin CF | — | 736.2M | 1.5B | -795.4M | -47.4M | — |
SCORE BREAKDOWN
FUNDAMENTALS
SECTOR PEERS
Closest peers in Technology, ranked by industry match, size, and score similarity. Cross-listings of DQ are excluded.
| Ticker | Company | Mkt Cap | StockRank | Signal |
|---|---|---|---|---|
| DQ | Daqo New Energy Corp.(you) | $943M | 14 | STRONG SELL |
| 300046.SZ | Tech Semiconductors Co., Ltd. | $1.1B | 21 | SELL |
| 688721.SS | Shenzhen Longtu Photomask Co., Ltd. | $1.0B | 22 | SELL |
| 688595.SS | Chipsea Technologies (Shenzhen) Corp., Ltd. | $845M | 26 | SELL |
| 601908.SS | Beijing Jingyuntong Technology Co., Ltd. | $1.1B | 27 | SELL |
| 001269.SZ | Inner Mongolia OJing Science & Technology Co., Ltd. | $663M | 3 | STRONG SELL |
| 3625.HK | Shanghai FourSemi Semiconductor Co., Ltd. | $1.5B | 3 | STRONG SELL |
| 2658.HK | Guangdong Tianyu Semiconductor Co., Ltd. | $2.6B | 12 | STRONG SELL |
| 301629.SZ | Sidea Semiconductor Equipment (Shenzhen) Co., Ltd. | $2.4B | 25 | SELL |
| 688757.SS | Wintech Nano (Suzhou) Co., Ltd. | $4.4B | 21 | SELL |
Peer medians: ROE 3.9% · P/E 77.3x · Gross margin 26.0%