| Daqo New Energy price target lowered by $4 at Roth Capital, here's why |
29 Apr |
https://thefly.com |
2025-04-29 19:03:45 |
Czytaj oryginał (ang.) |
| Daqo New Energy Corp. (DQ) Q1 2025 Earnings Call Transcript |
Daqo New Energy Corp. (NYSE:DQ ) Q1 2025 Earnings Conference Call April 29, 2025 8:00 AM ET Company Participants Xiang Xu - Chairman & Chief Executive Officer Anita Zhu - Deputy Chief Executive Officer Ming Yang - Chief Financial Officer Conference Call Participants Phil Shen - ROTH Capital Alan Hon - JPMorgan Operator Good day and welcome to the Daqo New Energy First Quarter 2025 Results Conference Call. All participants will be in listen-only mode. |
seekingalpha.com |
2025-04-29 16:13:32 |
Czytaj oryginał (ang.) |
| Daqo New Energy (DQ) Reports Q1 Loss, Lags Revenue Estimates |
Daqo New Energy (DQ) came out with a quarterly loss of $1.07 per share versus the Zacks Consensus Estimate of a loss of $1.02. This compares to earnings of $0.24 per share a year ago. |
zacks.com |
2025-04-29 13:25:41 |
Czytaj oryginał (ang.) |
| Daqo New Energy Files Annual Report on Form 20-F for Fiscal Year 2024 |
SHANGHAI , April 29, 2025 /PRNewswire/ -- Daqo New Energy Corp. (NYSE: DQ) ("Daqo New Energy," the "Company" or "we"), a leading manufacturer of high-purity polysilicon for the global solar PV industry, today announced that it filed its annual report on Form 20-F for the fiscal year ended December 31, 2024, which contains the Company's audited consolidated financial statements, with the Securities and Exchange Commission (the "SEC") on April 29 2025. The annual report on Form 20-F can be accessed and downloaded from the SEC's website at www.sec.gov or through the investor relations section of the Company's website at https://www.dqsolar.com/. |
prnewswire.com |
2025-04-29 11:24:00 |
Czytaj oryginał (ang.) |
| Daqo New Energy Announces Unaudited First Quarter 2025 Results |
SHANGHAI , April 29, 2025 /PRNewswire/ -- Daqo New Energy Corp. (NYSE: DQ) ("Daqo New Energy," the "Company" or "we"), a leading manufacturer of high-purity polysilicon for the global solar PV industry, today announced its unaudited financial results for the first quarter of 2025. First Quarter 2025 Financial and Operating Highlights Total cash, short-term investments, bank notes receivable and fixed term bank deposit balance was $2.15 billion at the end of Q1 2025, compared to $2.22 billion at the end of Q4 2024 Polysilicon production volume was 24,810 MT in Q1 2025, compared to 34,236 MT in Q4 2024 Polysilicon sales volume was 28,008 MT in Q1 2025 compared to 42,191 MT in Q4 2024 Polysilicon average total production cost(1) was $7.57/kg in Q1 2025 compared to $6.81/kg in Q4 2024 Polysilicon average cash cost(1) was $5.31/kg in Q1 2025, compared to $5.04/kg in Q4 2024 Polysilicon average selling price (ASP) was $4.37/kg in Q1 2025, compared to $4.62/kg in Q4 2024 Revenue was $123.9 million in Q1 2025, compared to $195.4 million in Q4 2024 Gross loss was $81.5 million in Q1 2025, compared to $65.3 million in Q4 2024. |
prnewswire.com |
2025-04-29 11:16:00 |
Czytaj oryginał (ang.) |
| Daqo New Energy to Announce Unaudited Results for the First Quarter of 2025 on April 29, 2025 |
SHANGHAI , April 15, 2025 /PRNewswire/ -- Daqo New Energy Corp. (NYSE: DQ) ("Daqo New Energy" or the "Company"), a leading manufacturer of high-purity polysilicon for the global solar PV industry, today announced it plans to release its unaudited financial results for first quarter of 2025 ended March 31, 2025 before U.S. markets open on Tuesday, April 29, 2025. The Company has scheduled a conference call to discuss the results at 8:00 AM U.S. Eastern Time on Tuesday, April 29, 2025 (8:00 PM Beijing / Hong Kong time on the same day). |
prnewswire.com |
2025-04-15 10:00:00 |
Czytaj oryginał (ang.) |
| Daqo (DQ) Soars 6.1%: Is Further Upside Left in the Stock? |
Daqo (DQ) saw its shares surge in the last session with trading volume being higher than average. The latest trend in earnings estimate revisions may not translate into further price increase in the near term. |
zacks.com |
2025-04-10 14:05:54 |
Czytaj oryginał (ang.) |
| Daqo New Energy: An Extreme Mispricing Too Good To Ignore |
Daqo's 72.4% stake in Xinjiang Daqo, valued at $4.6 billion and the subsidiary's high cash position offer substantial downside protection. When the polysilicon market turns, Daqo is quickly valued at a low-single digit EV/EBIT multiple due to the subsidiary's high cash generation capabilities and the present pessimism in the market. The investment offers an asymmetrical risk/reward ratio and a multibagger potential in the medium to long term. |
seekingalpha.com |
2025-03-14 16:21:17 |
Czytaj oryginał (ang.) |
| Daqo New Energy: Accumulate In This Cycle Downturn Because Cash Is King |
Polysilicon prices remain at rock-bottom levels pressuring higher cost polysilicon manufacturers out of the market. Daqo New Energy's cash burn remains under control and the company has enough liquidity to last years. The stock is trading way below book value at a P/B multiple of 0.3x and has a net cash position that is larger than the market cap. |
seekingalpha.com |
2025-03-09 10:57:46 |
Czytaj oryginał (ang.) |
| Daqo New Energy Corp. (DQ) Q4 2024 Earnings Call Transcript |
Daqo New Energy Corp. (DQ0) Q4 2024 Results Conference Call February 27, 2025 8:00 AM ET Company Participants Xiaoyu Xu - Investor Relations Xiang Xu - Chairman & CEO Anita Zhu - Deputy CEO Ming Yang - CFO Conference Call Participants Alan Hon - JPMorgan Phil Shen - ROTH Capital Alan Lau - Jefferies Operator Good day, and welcome to the Daqo New Energy Fourth Quarter 2024 Results Conference Call. All participants will be in listen-only mode. |
seekingalpha.com |
2025-02-27 13:49:06 |
Czytaj oryginał (ang.) |
| Daqo New Energy (DQ) Reports Q4 Loss, Tops Revenue Estimates |
Daqo New Energy (DQ) came out with a quarterly loss of $2.71 per share versus the Zacks Consensus Estimate of a loss of $0.61. This compares to earnings of $0.64 per share a year ago. |
zacks.com |
2025-02-27 10:07:12 |
Czytaj oryginał (ang.) |
| Daqo New Energy Announces Unaudited Fourth Quarter and Fiscal Year 2024 Results |
SHANGHAI , Feb. 27, 2025 /PRNewswire/ -- Daqo New Energy Corp. (NYSE: DQ) ("Daqo New Energy," the "Company" or "we"), a leading manufacturer of high-purity polysilicon for the global solar PV industry, today announced its unaudited financial results for the fourth quarter and fiscal year of 2024. Fourth Quarter 2024 Financial and Operating Highlights Total cash, short-term investments, bank note receivables and fixed term bank deposit balance was $2.2 billion at the end of Q4 2024, compared to $2.4 billion at the end of Q3 2024 Polysilicon production volume was 34,236 MT in Q4 2024, compared to 43,592 MT in Q3 2024 Polysilicon sales volume was 42,191 MT in Q4 2024, compared to 42,101 MT in Q3 2024 Polysilicon average total production cost(1) was $6.81/kg in Q4 2024, compared to $6.61/kg in Q3 2024 Polysilicon average cash cost(1) was $5.04/kg in Q4 2024, compared to $5.34/kg in Q3 2024 Polysilicon average selling price (ASP) was $4.62/kg in Q4 2024, compared to $4.69/kg in Q3 2024 Revenue was $195.4 million in Q4 2024, compared to $198.5 million in Q3 2024 Gross loss was $65.3 million in Q4 2024, compared to $60.6 million in Q3 2024. |
prnewswire.com |
2025-02-27 06:50:00 |
Czytaj oryginał (ang.) |
| Daqo New Energy to Announce Unaudited Results for the Fourth Quarter and Fiscal Year 2024 on February 27, 2025 |
SHANGHAI , Feb. 12, 2025 /PRNewswire/ -- Daqo New Energy Corp. (NYSE: DQ) ("Daqo New Energy" or the "Company"), a leading manufacturer of high-purity polysilicon for the global solar PV industry, today announced it plans to release its unaudited financial results for fourth quarter and fiscal year of 2024 ended December 31, 2024 before U.S. markets open on Thursday, February 27, 2025. The Company has scheduled a conference call to discuss the results at 8:00 AM U.S. Eastern Time on February 27, 2025 (9:00 PM Beijing / Hong Kong time on the same day). |
prnewswire.com |
2025-02-12 08:00:00 |
Czytaj oryginał (ang.) |
| Daqo New Energy's Subsidiary Xinjiang Daqo Provides Preliminary Estimate of Net Loss for FY2024 |
SHANGHAI , Jan. 17, 2025 /PRNewswire/ -- Daqo New Energy Corp. (NYSE: DQ) ("Daqo New Energy", the "Company" or "we"), a leading manufacturer of high-purity polysilicon for the global solar PV industry, today announced that its subsidiary Xinjiang Daqo New Energy ("Xinjiang Daqo") has provided an estimate of its net loss for the fiscal year ended December 31, 2024 to the Shanghai Stock Exchange. Xinjiang Daqo estimates that under PRC GAAP, its net loss attributable to Xinjiang Daqo's shareholders in FY2024 would be in the range of RMB2.6~3.1 billion, compared to net profit attributable to Xinjiang Daqo's shareholders of RMB5.8 billion in FY2023. |
prnewswire.com |
2025-01-17 09:27:00 |
Czytaj oryginał (ang.) |
| Daqo New Energy: Quick Gains Likely Behind Us - Slow & Steady Ahead |
DQ's bottom has materialized, as the polysilicon spot prices stabilized and the stock continues to enjoy uptrend bullish support. Much of the tailwinds are attributed to the moderation in capacity utilization and market consolidation, one that DQ may survive, thanks to its healthy balance sheet. If anything, solar installations within China continue to grow, with domestic demand likely to well balance the over supply issues and demand headwinds from the US/ EU. |
seekingalpha.com |
2025-01-16 11:30:00 |
Czytaj oryginał (ang.) |
| Daqo New Energy: Deeply Undervalued Amid Short-Term Challenges |
Daqo New Energy faces short-term challenges due to a sharp decline in polysilicon prices, impacting revenue and profitability in FY24. Despite current market conditions, DQ's strong balance sheet and projected long-term demand growth for solar panels support a "buy" rating. Polysilicon prices are expected to recover by H2 FY25, driven by market consolidation and improved supply-demand balance. |
seekingalpha.com |
2024-12-07 04:51:30 |
Czytaj oryginał (ang.) |
| Daqo New Energy Corp. to Hold Annual General Meeting on December 10, 2024 |
SHANGHAI , Nov. 12, 2024 /PRNewswire/ -- Daqo New Energy Corp. (NYSE: DQ) ("Daqo" or the "Company"), a leading manufacturer of high-purity polysilicon for the global solar PV industry, today announced that it will hold its annual general meeting (the "AGM") at Daqo New Energy Corp. Shanghai Office, 29th Floor, Huadu Building, No. 838, Zhangyang Road, Pudong District, Shanghai 200122, People's Republic of China on December 10, 2024 at 10:00 AM (Beijing time). |
prnewswire.com |
2024-11-12 11:10:00 |
Czytaj oryginał (ang.) |
| Daqo New Energy Corp. (DQ) Q3 2024 Earnings Call Transcript |
Daqo New Energy Corp. (NYSE:DQ ) Q3 2024 Earnings Conference Call October 30, 2024 8:00 AM ET Company Participants Anita Chu - Deputy Chief Executive Officer Ming Yang - Chief Financial Officer Conference Call Participants Philip Shen - Roth MKM Alan Lau - Jefferies Operator Good day, and welcome to the Daqo New Energy Third Quarter 2024 Results Conference Call. All participants will be in listen-only mode. |
seekingalpha.com |
2024-10-30 13:08:09 |
Czytaj oryginał (ang.) |
| Daqo New Energy (DQ) Reports Q3 Loss, Tops Revenue Estimates |
Daqo New Energy (DQ) came out with a quarterly loss of $0.92 per share versus the Zacks Consensus Estimate of a loss of $0.80. This compares to loss of $0.09 per share a year ago. |
zacks.com |
2024-10-30 10:10:19 |
Czytaj oryginał (ang.) |
| Daqo New Energy Announces Unaudited Third Quarter 2024 Results |
SHANGHAI , Oct. 30, 2024 /PRNewswire/ -- Daqo New Energy Corp. (NYSE: DQ) ("Daqo New Energy," the "Company" or "we"), a leading manufacturer of high-purity polysilicon for the global solar PV industry, today announced its unaudited financial results for the third quarter of 2024. Third Quarter 2024 Financial and Operating Highlights Polysilicon production volume was 43,592 MT in Q3 2024, compared to 64,961 MT in Q2 2024 Polysilicon sales volume was 42,101 MT in Q3 2024, compared to 43,082 MT in Q2 2024 Polysilicon average total production cost(1) was $6.61/kg in Q3 2024 compared to $6.19/kg in Q2 2024 Polysilicon average cash cost(1) was $5.34/kg in Q3 2024, compared to $5.39/kg in Q2 2024 Polysilicon average selling price (ASP) was $4.69/kg in Q3 2024, compared to $5.12/kg in Q2 2024 Revenue was $198.5 million in Q3 2024, compared to $219.9 million in Q2 2024 Gross loss was $60.6 million in Q3 2024, compared to $159.2 million in Q2 2024. |
prnewswire.com |
2024-10-30 08:00:00 |
Czytaj oryginał (ang.) |