Daqo New Energy Corp.

Equities

DQ

US23703Q2030

Renewable Energy Equipment & Services

Market Closed - Nyse Other stock markets 04:00:02 2024-04-26 pm EDT			5-day change	1st Jan Change
23.74 ^USD	+0.76%		+7.37%	-10.75%

Apr. 10	Solar, Telecoms Stocks Pull Asian Equities Traded in the US as American Depositary Receipts Lower on Wednesday	MT
Apr. 01	Daqo New Energy's Profit Falls 70% as Revenue Tanks 47%	MT

Daqo New Energy Corp. Reports Unaudited Production Results for the Fourth Quarter and Full Year Ended December 31, 2023

February 28, 2024 at 06:31 am EST

Daqo New Energy Corp. reported unaudited production results for the fourth quarter and full year ended December 31, 2023. For the quarter, the company reported Polysilicon production volume was 61,014 MT as compared to 57,664 MT in third quarter of 2023.

For the year, the company reported Polysilicon production volume was 197,831 MT as compared to 133,812 MT a year ago.

Latest news about Daqo New Energy Corp.

Solar, Telecoms Stocks Pull Asian Equities Traded in the US as American Depositary Receipts Lower on Wednesday	Apr. 10	MT
Daqo New Energy's Profit Falls 70% as Revenue Tanks 47%	Apr. 01	MT
Tech Stocks Lead Asian Equities Traded in the US as American Depositary Receipts Higher in Thursday Trading	Feb. 29	MT
Daqo New Energy's Q4 Adjusted Earnings, Revenue Fall; Shares Rise	Feb. 28	MT
Transcript : Daqo New Energy Corp., Q4 2023 Earnings Call, Feb 28, 2024	Feb. 28
Daqo New Energy Corp. Provides Production Guidance for the First Quarter and Full Year of 2024	Feb. 28	CI
Daqo New Energy Corp. Reports Unaudited Production Results for the Fourth Quarter and Full Year Ended December 31, 2023	Feb. 28	CI
Tranche Update on Daqo New Energy Corp. (NYSE:DQ)'s Equity Buyback Plan announced on November 7, 2022.	Feb. 28	CI
Earnings Flash (DQ) DAQO NEW ENERGY Reports Q4 Revenue $477.1M, vs. Street Est of $529.2M	Feb. 28	MT
Earnings Flash (DQ) DAQO NEW ENERGY Reports Q4 EPS $0.94	Feb. 28	MT
Daqo New Energy Corp. Reports Earnings Results for the Full Year Ended December 31, 2023	Feb. 28	CI
Daqo New Energy Corp. Reports Earnings Results for the Fourth Quarter Ended December 31, 2023	Feb. 28	CI
Asian Equities Traded in the US as American Depositary Receipts Rise Sharply in Wednesday Trading	Jan. 24	MT
Daqo New Energy Says ADS Repurchases Reduced Shares Outstanding to 328.8 Million at Year-End 2023	Jan. 11	MT
Daqo New Energy Corp.'s Equity Buyback announced on November 7, 2022, has expired with 14,550,000 shares, representing 18.61% for $491 million.	Dec. 30	CI
China’s Photovoltaic Sector Sustain Output Growth in September-October Period	Dec. 17	MT
Daqo New Energy to Build 15 Billion Yuan Silicon Materials Factory	Dec. 14	MT
Daqo New Energy Says Unit Signs Investment Agreement to Build Polysilicon, Silicon Metal Project	Dec. 13	MT
Asian Equities Traded in the US as American Depositary Receipts Trend Higher in Tuesday Trading	Nov. 28	MT
The latest transactions by star fund managers	Nov. 15
Daqo New Energy Corp. Appoints Xiaoyu Xu as A Director	Nov. 14	CI
Asian Equities Traded in the US as American Depositary Receipts Ease in Tuesday Trading, Drop 3.3% in October	23-10-31	MT
Biotech, Solar Stocks Lead Asian Equities Traded in the US as American Depositary Receipts Higher in Monday Trading	23-10-30	MT
Daqo New Energy Corp. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023	23-10-30	CI
Daqo New Energy Corp. Reports Unaudited Production Results for the Third Quarter Ended September 30, 2023	23-10-30	CI

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Company Profile

Daqo New Energy Corp. is a polysilicon manufacturer. The Company utilizes the chemical vapor deposition process, or the modified Siemens process, to produce polysilicon. The Company's segments include Polysilicon and Wafer. The Company manufactures and sells polysilicon to photovoltaic product manufacturers, whereby the polysilicon is processed into ingots, wafers, cells and modules for solar power solutions. The Company offers ready-to-use polysilicon, packaged to meet crucible stacking, pulling and solidification needs. The Company offers wafers through its downstream photovoltaic product manufacturing business. The Company also provides wafer original equipment manufacturer (OEM) service to external customers through tolling agreements by processing polysilicon to produce ingot and wafer. Its annual capacity for polysilicon is approximately 12,150 metric tons (MT) in Xinjiang. The Company's wafer manufacturing annual capacity is approximately 90 million pieces.

Sector

Renewable Energy Equipment & Services

Calendar

2024-04-28 - Q1 2024 Earnings Release

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Ratings for Daqo New Energy Corp.

Trading Rating

Investor Rating

ESG Refinitiv

B-

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Analysts' Consensus

Sell

Buy

Mean consensus

HOLD

Number of Analysts

Last Close Price

23.74 USD

Average target price

29.45 USD

Spread / Average Target

+24.05%

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Company calendar

Sector Photovoltaic Solar Systems & Equipment

	1st Jan change	Capi.
DAQO NEW ENERGY CORP.	-10.75%	1.56B
LONGI GREEN ENERGY TECHNOLOGY CO., LTD.	-18.69%	19.47B
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ENPHASE ENERGY, INC.	-15.29%	15.23B
TONGWEI CO.,LTD	-13.38%	13.47B
JINKO SOLAR CO., LTD.	-13.32%	10.6B
FLAT GLASS GROUP CO., LTD.	+37.48%	7.64B
XINJIANG DAQO NEW ENERGY CO.,LTD.	-16.81%	7.26B
JA SOLAR TECHNOLOGY CO., LTD.	-30.07%	6.63B
XINYI SOLAR HOLDINGS LIMITED	+16.23%	6.03B

Photovoltaic Solar Systems & Equipment