Daqo New Energy Corp.
DQTechnologyNASDAQSemiconductor Equipment & Materials
Scan Results
Daily timeframeDaqo New Energy Corp., together with its subsidiaries, manufactures and sells polysilicon to photovoltaic product manufacturers in the People's Republic of China. The $1.14B market capitalization puts DQ squarely in small-cap range for its industry. The company offers ready-to-use polysilicon, packaged to meet crucible stacking, pulling, and solidification.
Market Cap
$1.14B
Beta
0.66
P/E (TTM)
—
P/E (Fwd)
-15.35
EPS (TTM)
$-2.79
EPS (Fwd)
$-1.09
ROE
-4.2%
ROA
-3.0%
Cash
$1.87B
Total Debt
$0
Free CF
-$290.2M
52W Change
23.1%
Annual Financials
Cash vs Debt
Daqo New Energy Corp. reports $1.87B in cash and $0 in total debt. Free cash flow is running at -$290.2M, which bears watching. Negative free cash flow can be acceptable during heavy investment periods but needs to improve over time. Return on equity stands at -4.2%, which is negative for the sector. ROE measures how effectively a company uses shareholder capital to generate profits. Revenue has pulled back from $1.68B (2021) to $1.03B (2024), a 39% decline worth watching.
With a beta below 0.7, Daqo New Energy Corp. typically sees smaller price swings than the overall market, offering a degree of stability during turbulent periods. Negative free cash flow means the company is currently spending more than it generates, which may require future fundraising or debt if the trend continues. Understanding these risk dimensions helps frame what to watch going forward as conditions evolve for Daqo New Energy Corp. and its sector.