Daqo New Energy Corp. (DQ)

NYSE: DQ · IEX Real-Time Price · USD
21.28
+0.42 (2.01%)
At close: Feb 29, 2024, 4:00 PM
21.99
+0.71 (3.34%)
After-hours: Feb 29, 2024, 4:41 PM EST

Total Valuation

DQ has a market cap or net worth of $1.42 billion. The enterprise value is -$1.74 billion.

Market Cap 1.42B
Enterprise Value -1.74B

Important Dates

The last earnings date was Wednesday, February 28, 2024, before market open.

Earnings Date Feb 28, 2024
Ex-Dividend Date n/a

Share Statistics

DQ has 65.76 million shares outstanding.

Shares Outstanding 65.76M
Owned by Insiders (%) 6.73%
Owned by Institutions (%) 44.49%
Float n/a

Valuation Ratios

The trailing PE ratio is 2.45 and the forward PE ratio is 4.55. DQ's PEG ratio is 0.17.

PE Ratio 2.45
Forward PE 4.55
PS Ratio 0.62
Forward PS 0.61
PB Ratio 0.30
P/FCF Ratio 0.88
PEG Ratio 0.17
Financial Ratio History

Enterprise Valuation

EV / Earnings n/a
EV / Sales n/a
EV / EBITDA n/a
EV / EBIT n/a
EV / FCF n/a

Financial Position

The company has a current ratio of 4.20, with zero debt.

Current Ratio 4.20
Quick Ratio n/a
Debt / Equity n/a
Debt / EBITDA n/a
Debt / FCF n/a
Interest Coverage n/a

Financial Efficiency

Return on equity (ROE) is 8.70% and return on invested capital (ROIC) is 11.66%.

Return on Equity (ROE) 8.70%
Return on Assets (ROA) 5.60%
Return on Capital (ROIC) 11.66%
Revenue Per Employee $563,193
Profits Per Employee $102,747
Employee Count 4,099
Asset Turnover 0.31
Inventory Turnover 8.10

Taxes

In the past 12 months, DQ has paid $173.97 million in taxes.

Income Tax 173.97M
Effective Tax Rate 29.23%

Stock Price Statistics

The stock price has decreased by -54.37% in the last 52 weeks. The beta is 0.14, so DQ's price volatility has been lower than the market average.

Beta (1Y) 0.14
52-Week Price Change -54.37%
50-Day Moving Average 21.17
200-Day Moving Average 29.90
Relative Strength Index (RSI) 61.98
Average Volume (30 Days) 1,084,995

Short Selling Information

Short Interest 3.68M
Short Previous Month 3.61M
Short % of Shares Out 8.02%
Short % of Float n/a
Short Ratio (days to cover) 3.64

Income Statement

In the last 12 months, DQ had revenue of $2.31 billion and earned $421.16 million in profits. Earnings per share was $8.83.

Revenue 2.31B
Gross Profit 920.65M
Operating Income 783.43M
Pretax Income 595.13M
Net Income 421.16M
EBITDA n/a
EBIT 595.13M
Earnings Per Share (EPS) $8.83
Full Income Statement

Balance Sheet

The company has $3.16 billion in cash and no debt, giving a net cash position of $3.16 billion or $48.12 per share.

Cash & Cash Equivalents 3.16B
Total Debt n/a
Net Cash 3.16B
Net Cash Per Share $48.12
Equity / Book Value 4.75B
Book Value Per Share 72.29
Working Capital 2.73B
Full Balance Sheet

Cash Flow

Operating Cash Flow 1.61B
Capital Expenditures n/a
Free Cash Flow 1.61B
FCF Per Share $20.60
Full Cash Flow Statement

Margins

Gross margin is 39.88%, with operating and profit margins of 33.94% and 18.24%.

Gross Margin 39.88%
Operating Margin 33.94%
Pretax Margin 25.78%
Profit Margin 18.24%
EBITDA Margin n/a
EBIT Margin 25.78%
FCF Margin 69.78%

Dividends & Yields

DQ does not appear to pay any dividends at this time.

Dividend Per Share n/a
Dividend Yield n/a
Dividend Growth (YoY) n/a
Years of Dividend Growth n/a
Payout Ratio n/a
Buyback Yield -3.07%
Shareholder Yield -3.07%
Earnings Yield 29.59%
FCF Yield 113.17%
Dividend Details

Analyst Forecast

The average price target for DQ is $35.35, which is 66.12% higher than the current price. The consensus rating is "Hold".

Price Target $35.35
Price Target Difference 66.12%
Analyst Consensus Hold
Analyst Count 2
Revenue Growth Forecast (5Y) n/a
EPS Growth Forecast (5Y) n/a
Stock Forecasts

Stock Splits

The last stock split was on November 17, 2020. It was a forward split with a ratio of 5:1.

Last Split Date Nov 17, 2020
Split Type Forward
Split Ratio 5:1

Scores

Altman Z-Score n/a
Piotroski F-Score 4