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Added to YB: 2024-01-04

Pitch date: 2024-01-04

DQ [bullish]

Daqo New Energy Corp.

+37.22%

current return

Author Info

No bio for this author

Company Info

Daqo New Energy Corp., together with its subsidiaries, manufactures and sells polysilicon to photovoltaic product manufacturers in the People’s Republic of China.

Market Cap

$1.4B

Pitch Price

$23.51

Price Target

N/A

Dividend

N/A

EV/EBITDA

74.22

P/E

-12.97

EV/Sales

0.56

Sector

Semiconductors and Semiconductor Equipment

Category

growth

Show full summary:
$DQ: Almost 90% of our prod could reach N quality!

$DQ poly 90% N-type; N poly RMB64/kg vs P RMB55; N orders stable w/ ↑ wafer demand, P ↓ due to oversupply & ↓ wafer output; poly output ↑ single-digit % monthly esp. N crystal pulling; N-P price gap to widen as P faces surplus & quality issues

Read full article (1 min)