Daqo New Energy Corp.
Daqo New Energy Corp. is a polysilicon manufacturer. The Company utilizes the chemical vapor deposition process, or the modified Siemens process, to produce polysilicon. The Company's segments include Polysilicon and Wafer. The Company manufactures and sells polysilicon to photovoltaic product manufacturers, whereby the polysilicon is processed into ingots, wafers, cells and modules for solar power solutions. The Company offers ready-to-use polysilicon, packaged to meet crucible stacking, pulling and solidification needs. The Company offers wafers through its downstream photovoltaic product manufacturing business. The Company also provides wafer original equipment manufacturer (OEM) service to external customers through tolling agreements by processing polysilicon to produce ingot and wafer. Its annual capacity for polysilicon is approximately 12,150 metric tons (MT) in Xinjiang. The Company's wafer manufacturing annual capacity is approximately 90 million pieces.
Stock Performance Snapshot
Analyst Rating
Analysts recommend buying Daqo New Energy's stock, expecting its price to rise significantly.
Financial Health
Daqo New Energy Corp. is showing strong revenue and cash flow performance, indicating solid financial health.
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Explore BasketWhy You’ll Want to Watch This Stock
Solar demand driver
Global solar installation trends can boost polysilicon demand and margins, though outcomes depend on module pricing and new capacity additions.
Cost and scale
Daqo emphasises large‑scale, low‑cost production which can support margins; however, commodity price swings can still cause volatility.
China policy impact
Operations are China‑centred, so local regulation, trade measures and energy policy can materially affect performance and outlook.
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