Daqo New Energy Corp. (DQ)
Daqo New Energy Statistics
Share Statistics
Daqo New Energy has 13.15M shares outstanding. The number of shares has increased by -12.37% in one year.
| Shares Outstanding | 13.15M |
| Shares Change (YoY) | -12.37% |
| Shares Change (QoQ) | 0% |
| Owned by Institutions (%) | 9.56% |
| Shares Floating | 13.1M |
| Failed to Deliver (FTD) Shares | 611 |
| FTD / Avg. Volume | 0.07% |
Short Selling Information
The latest short interest is 3.66M, so 5.57% of the outstanding shares have been sold short.
| Short Interest | 3.66M |
| Short % of Shares Out | 5.57% |
| Short % of Float | 5.61% |
| Short Ratio (days to cover) | 3.9 |
Valuation Ratios
The PE ratio is 4.63 and the forward PE ratio is -11.27. Daqo New Energy's PEG ratio is -0.06.
| PE Ratio | 4.63 |
| Forward PE | -11.27 |
| PS Ratio | 0.86 |
| Forward PS | 0.1 |
| PB Ratio | 0.42 |
| P/FCF Ratio | 4.63 |
| PEG Ratio | -0.06 |
Enterprise Valuation
Daqo New Energy Corp. has an Enterprise Value (EV) of -1.06B.
| EV / Earnings | -2.47 |
| EV / Sales | -0.46 |
| EV / EBITDA | -1.14 |
| EV / EBIT | -1.35 |
| EV / FCF | -2.47 |
Financial Position
The company has a current ratio of 4.28, with a Debt / Equity ratio of 0.
| Current Ratio | 4.28 |
| Quick Ratio | 4.07 |
| Debt / Equity | 0 |
| Total Debt / Capitalization | 0 |
| Cash Flow / Debt | 0 |
| Interest Coverage | 0 |
Financial Efficiency
Return on equity (ROE) is 0.09% and return on capital (ROIC) is 9.69%.
| Return on Equity (ROE) | 0.09% |
| Return on Assets (ROA) | 0.06% |
| Return on Capital (ROIC) | 9.69% |
| Revenue Per Employee | $400,294.02 |
| Profits Per Employee | $74,509.11 |
| Employee Count | 5,765 |
| Asset Turnover | 0.31 |
| Inventory Turnover | 8.01 |
Taxes
| Income Tax | 165.59M |
| Effective Tax Rate | 0.2 |
Stock Price Statistics
The stock price has increased by -36.63% in the last 52 weeks. The beta is 0.41, so Daqo New Energy's price volatility has been higher than the market average.
| Beta | 0.41 |
| 52-Week Price Change | -36.63% |
| 50-Day Moving Average | 19.72 |
| 200-Day Moving Average | 18.78 |
| Relative Strength Index (RSI) | 42.91 |
| Average Volume (20 Days) | 830.42K |
Income Statement
In the last 12 months, Daqo New Energy had revenue of 2.31B and earned 429.55M in profits. Earnings per share was 1.15.
| Revenue | 2.31B |
| Gross Profit | 920.65M |
| Operating Income | 783.43M |
| Net Income | 429.55M |
| EBITDA | 932.32M |
| EBIT | 783.43M |
| Earnings Per Share (EPS) | 1.15 |
Balance Sheet
The company has 3.04B in cash and 0 in debt, giving a net cash position of 3.04B.
| Cash & Cash Equivalents | 3.04B |
| Total Debt | 0 |
| Net Cash | 3.04B |
| Retained Earnings | 3.33B |
| Total Assets | 7.05B |
| Working Capital | 2.27B |
Cash Flow
In the last 12 months, operating cash flow was 1.62B and capital expenditures -1.19B, giving a free cash flow of 429.2M.
| Operating Cash Flow | 1.62B |
| Capital Expenditures | -1.19B |
| Free Cash Flow | 429.2M |
| FCF Per Share | 1.15 |
Margins
Gross margin is 39.89%, with operating and profit margins of 33.95% and 18.61%.
| Gross Margin | 39.89% |
| Operating Margin | 33.95% |
| Pretax Margin | 35.47% |
| Profit Margin | 18.61% |
| EBITDA Margin | 40.4% |
| EBIT Margin | 33.95% |
| FCF Margin | 18.6% |
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 |
| Payout Ratio | n/a |
| Earnings Yield | 6.21% |
| FCF Yield | 176.3% |
Analyst Forecast
The average price target for DQ is $15, which is -19% lower than the current price. The consensus rating is "Hold".
| Price Target | $15 |
| Price Target Difference | -19% |
| Analyst Consensus | Hold |
| Analyst Count | 5 |
Stock Splits
The last stock split was on Nov 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 | 0.69 |
| Piotroski F-Score | 1 |