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DAQO New Energy (DQ)

(Real Time Quote from BATS)

$19.47 USD

19.47
384,635

+1.54 (8.59%)

Updated May 13, 2024 11:02 AM 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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5-Strong Sell of 5         5

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.

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B Value B Growth A Momentum B 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 40% (100 out of 251)

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.

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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 0 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 3,626 2,605 1,559 1,027 995
Investments & Advances 0 0 0 1 1
Other Non-Current Assets 25 17 0 0 0
Deferred Charges 3 2 0 0 1
Intangibles 0 0 0 0 0
Deposits & Other Assets 195 81 42 31 30
Total Assets 7,427 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 0 21 0 49 101
Accounts Payable 93 82 81 19 13
Current Portion Long-Term Debt 0 0 0 70 129
Current Portion Capital Leases 0 0 0 0 0
Accrued Expenses 73 52 41 30 12
Income Taxes Payable 90 222 71 23 5
Other Current Liabilities 581 361 357 92 186
Total Current Liabilities 836 737 551 284 445
Mortgages 0 0 0 0 0
Deferred Taxes/Income 28 100 39 25 27
Convertible Debt 0 0 0 0 0
Long-Term Debt 0 0 0 123 152
Non-Current Capital Leases 0 0 0 0 0
Other Non-Current Liabilities 114 153 91 8 10
Minority Interest (Liabilities) 0 0 0 0 0
Total Liabilities 979 989 680 440 634
Shareholders Equity 12/31/2023 12/31/2022 12/31/2021 12/31/2020 12/31/2019
Preferred Stock 0 0 0 0 0
Common Stock (Par) 0 0 0 0 0
Capital Surplus 2,340 2,211 1,017 412 387
Retained Earnings 3,328 2,899 1,079 330 201
Other Equity 1,392 1,621 570 58 -19
Treasury Stock 613 127 2 2 2
Total Shareholder's Equity 6,448 6,605 2,664 799 567
Total Liabilities & Shareholder's Equity 7,427 7,594 3,344 1,239 1,201
Total Common Equity 6,448 6,605 2,664 799 567
Shares Outstanding 77.20 74.50 73.50 69.40 54.10
Book Value Per Share 83.53 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 2,689 3,048 3,284 3,172 4,136
Receivables 0 0 0 0 0
Notes Receivable 194 116 276 798 791
Inventories 191 173 129 159 192
Other Current Assets 230 239 151 137 70
Total Current Assets 3,304 3,577 3,839 4,268 5,190
Net Property & Equipment 3,732 3,626 3,238 2,920 2,885
Investments & Advances 0 0 0 0 0
Other Non-Current Assets 0 25 0 0 0
Deferred Charges 0 3 0 0 0
Intangibles 0 0 0 0 0
Deposits & Other Assets 212 195 219 137 116
Total Assets 7,248 7,427 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 0 0 0 0 0
Accounts Payable 67 93 100 105 97
Current Portion Long-Term Debt 0 0 0 0 140
Current Portion Capital Leases 0 0 0 0 0
Accrued Expenses 0 73 0 0 0
Income Taxes Payable 0 90 0 0 0
Other Current Liabilities 653 581 710 609 704
Total Current Liabilities 720 836 810 713 941
Mortgages 0 0 0 0 0
Deferred Taxes/Income 0 28 0 0 0
Convertible Debt 0 0 0 0 0
Long-Term Debt 0 0 0 0 0
Non-Current Capital Leases 0 0 0 0 0
Other Non-Current Liabilities 142 138 161 266
Minority Interest (Liabilities) 0 0 0 0 0
Total Liabilities 862 979 948 874 1,207
Shareholders Equity 3/31/2024 12/31/2023 9/30/2023 6/30/2023 3/31/2023
Preferred Stock 0 0 0 0 0
Common Stock (Par) 0 0 0 0 0
Capital Surplus 0 2,340 0 0 0
Retained Earnings 0 3,328 0 0 0
Other Equity 0 1,392 0 0 0
Treasury Stock 0 613 0 0 0
Total Shareholder's Equity 6,386 6,448 6,348 6,451 6,983
Total Liabilities & Shareholder's Equity 7,248 7,427 7,296 7,325 8,190
Total Common Equity 6,386 6,448 6,348 6,451 6,983
Shares Outstanding 66.00 77.20 77.20 77.20 74.50
Book Value Per Share 96.76 83.53 82.22 83.57 93.74