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DAQO New Energy (DQ)

(Delayed Data from NYSE)

$23.74 USD

23.74
702,812

+0.18 (0.76%)

Updated Apr 26, 2024 04:00 PM ET

After-Market: $23.81 +0.07 (0.29%) 7:58 PM ET

Zacks Rank:

This is our short term rating system that serves as a timeliness indicator for stocks over the next 1 to 3 months. How good is it? See rankings and related performance below.

Zacks Rank Definition Annualized Return
1Strong Buy24.20%
2Buy18.04%
3Hold9.52%
4Sell5.20%
5Strong Sell2.60%
S&P50011.13%

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1-Strong Buy of 5 1        

Style Scores:

The Style Scores are a complementary set of indicators to use alongside the Zacks Rank. It allows the user to better focus on the stocks that are the best fit for his or her personal trading style.

The scores are based on the trading styles of Value, Growth, and Momentum. There's also a VGM Score ('V' for Value, 'G' for Growth and 'M' for Momentum), which combines the weighted average of the individual style scores into one score.

Value Score A
Growth Score A
Momentum Score A
VGM Score A

Within each Score, stocks are graded into five groups: A, B, C, D and F. As you might remember from your school days, an A, is better than a B; a B is better than a C; a C is better than a D; and a D is better than an F.

As an investor, you want to buy stocks with the highest probability of success. That means you want to buy stocks with a Zacks Rank #1 or #2, Strong Buy or Buy, which also has a Score of an A or a B in your personal trading style.

Zacks Style Scores Education - Learn more about the Zacks Style Scores

A Value D Growth F Momentum C VGM

Industry Rank:

The Zacks Industry Rank assigns a rating to each of the 265 X (Expanded) Industries based on their average Zacks Rank.

An industry with a larger percentage of Zacks Rank #1's and #2's will have a better average Zacks Rank than one with a larger percentage of Zacks Rank #4's and #5's.

The industry with the best average Zacks Rank would be considered the top industry (1 out of 265), which would place it in the top 1% of Zacks Ranked Industries. The industry with the worst average Zacks Rank (265 out of 265) would place in the bottom 1%.

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Zacks Industry Rank Education -- Learn more about the Zacks Industry Rank

Top 20% (51 out of 252)

Industry: Chemical - Specialty

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Better trading starts here.

Balance Sheet

Research for DQ

The Zacks Equity Research reports, or ZER for short, are our in-house, independently produced research reports.

The ever popular one-page Snapshot reports are generated for virtually every single Zacks Ranked stock. It's packed with all of the company's key stats and salient decision making information. Including the Zacks Rank, Zacks Industry Rank, Style Scores, the Price, Consensus & Surprise chart, graphical estimate analysis and how a stocks stacks up to its peers.

The detailed multi-page Analyst report does an even deeper dive on the company's vital statistics. In addition to all of the proprietary analysis in the Snapshot, the report also visually displays the four components of the Zacks Rank (Agreement, Magnitude, Upside and Surprise); provides a comprehensive overview of the company business drivers, complete with earnings and sales charts; a recap of their last earnings report; and a bulleted list of reasons to buy or sell the stock. It also includes an industry comparison table to see how your stock compares to its expanded industry, and the S&P 500.

Researching stocks has never been so easy or insightful as with the ZER Analyst and Snapshot reports.

Learn more about Zacks Equity Research reports

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Fiscal Year End for DAQO New Energy Corp falls in the month of December.

All items in Millions except Per Share data.

12/31/2023 12/31/2022 12/31/2021 12/31/2020 12/31/2019
Assets          
Cash & Equivalents 3,048 3,534 1,004 118 114
Receivables NA 0 0 0 0
Notes Receivable 116 1,132 366 0 6
Inventories 173 170 328 42 36
Other Current Assets 239 54 45 19 18
Total Current Assets 3,577 4,889 1,743 180 174
Net Property & Equipment 3,641 2,605 1,559 1,027 995
Investments & Advances NA 0 0 1 1
Other Non-Current Assets NA 17 0 0 0
Deferred Charges NA 2 0 0 1
Intangibles NA 0 0 0 0
Deposits & Other Assets 224 81 42 31 30
Total Assets 7,442 7,594 3,344 1,239 1,201
Liabilities & Shareholders Equity 12/31/2023 12/31/2022 12/31/2021 12/31/2020 12/31/2019
Notes Payable NA 21 0 49 101
Accounts Payable 93 82 81 19 13
Current Portion Long-Term Debt NA 0 0 70 129
Current Portion Capital Leases NA 0 0 0 0
Accrued Expenses NA 52 41 30 12
Income Taxes Payable NA 222 71 23 5
Other Current Liabilities 758 361 357 92 186
Total Current Liabilities 851 737 551 284 445
Mortgages NA 0 0 0 0
Deferred Taxes/Income NA 100 39 25 27
Convertible Debt NA 0 0 0 0
Long-Term Debt NA 0 0 123 152
Non-Current Capital Leases NA 0 0 0 0
Other Non-Current Liabilities 151 153 91 8 10
Minority Interest (Liabilities) NA 0 0 0 0
Total Liabilities 1,002 989 680 440 634
Shareholders Equity 12/31/2023 12/31/2022 12/31/2021 12/31/2020 12/31/2019
Preferred Stock NA 0 0 0 0
Common Stock (Par) NA 0 0 0 0
Capital Surplus NA 2,211 1,017 412 387
Retained Earnings NA 2,899 1,079 330 201
Other Equity NA 1,621 570 58 -19
Treasury Stock NA 127 2 2 2
Total Shareholder's Equity 6,440 6,605 2,664 799 567
Total Liabilities & Shareholder's Equity 7,442 7,594 3,344 1,239 1,201
Total Common Equity 106,439 6,605 2,664 799 567
Shares Outstanding 77.20 74.50 73.50 69.40 54.10
Book Value Per Share 1,378.74 88.65 36.24 11.51 10.48

Fiscal Year End for DAQO New Energy Corp falls in the month of December.

All items in Millions except Per Share data.

3/31/2024 12/31/2023 9/30/2023 6/30/2023 3/31/2023
Assets          
Cash & Equivalents -99,999 -96,951 3,284 3,172 4,136
Receivables NA NA 0 0 0
Notes Receivable NA 116 276 798 791
Inventories NA 173 129 159 192
Other Current Assets NA 239 151 137 70
Total Current Assets NA 3,577 3,839 4,268 5,190
Net Property & Equipment NA 3,641 3,238 2,920 2,885
Investments & Advances NA NA 0 0 0
Other Non-Current Assets NA NA 0 0 0
Deferred Charges NA NA 0 0 0
Intangibles NA NA 0 0 0
Deposits & Other Assets NA 224 219 137 116
Total Assets NA 7,442 7,296 7,325 8,190
Liabilities & Shareholders Equity 3/31/2024 12/31/2023 9/30/2023 6/30/2023 3/31/2023
Notes Payable NA NA 0 0 0
Accounts Payable NA 93 100 105 97
Current Portion Long-Term Debt NA NA 0 0 140
Current Portion Capital Leases NA NA 0 0 0
Accrued Expenses NA NA 0 0 0
Income Taxes Payable NA NA 0 0 0
Other Current Liabilities NA 758 710 609 704
Total Current Liabilities NA 851 810 713 941
Mortgages NA NA 0 0 0
Deferred Taxes/Income NA NA 0 0 0
Convertible Debt NA NA 0 0 0
Long-Term Debt NA NA 0 0 0
Non-Current Capital Leases NA NA 0 0 0
Other Non-Current Liabilities NA 138 161 266
Minority Interest (Liabilities) NA NA 0 0 0
Total Liabilities NA 1,002 948 874 1,207
Shareholders Equity 3/31/2024 12/31/2023 9/30/2023 6/30/2023 3/31/2023
Preferred Stock NA NA 0 0 0
Common Stock (Par) NA NA 0 0 0
Capital Surplus NA NA 0 0 0
Retained Earnings NA NA 0 0 0
Other Equity NA NA 0 0 0
Treasury Stock NA NA 0 0 0
Total Shareholder's Equity NA 6,440 6,348 6,451 6,983
Total Liabilities & Shareholder's Equity NA 7,442 7,296 7,325 8,190
Total Common Equity 0 106,439 6,348 6,451 6,983
Shares Outstanding 65.70 77.20 77.20 77.20 74.50
Book Value Per Share 0.00 1,378.74 82.22 83.57 93.74