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Last $23.57 USD
Change Today +1.17 / 5.22%
Volume 39.9K
DQ On Other Exchanges
New York
As of 1:42 PM 06/30/15 All times are local (Market data is delayed by at least 15 minutes).

daqo new energy corp-adr (DQ) Snapshot

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09/10/14 - $48.18
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01/20/15 - $17.70
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Current Stock Chart for DAQO NEW ENERGY CORP-ADR (DQ)

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daqo new energy corp-adr (DQ) Details

Daqo New Energy Corp. manufactures and sells polysilicon and wafers in China. It operates through two segments, Polysilicon and Wafers. The company sells its polysilicon to photovoltaic product manufacturers, who further process it into ingots, wafers, cells, and modules for solar power solutions. It also manufactures and sells crystalline-silicon based photovoltaic products. The company was formerly known as Mega Stand International Limited and changed its name to Daqo New Energy Corp. in August 2009. Daqo New Energy Corp. was founded in 2006 and is headquartered in Wanzhou, the People’s Republic of China.

1,408 Employees
Last Reported Date: 04/17/15
Founded in 2006

daqo new energy corp-adr (DQ) Top Compensated Officers

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Executives, Board Directors

daqo new energy corp-adr (DQ) Key Developments

Daqo New Energy Corp. Announces Unaudited Consolidated Earnings and Production Results for the First Quarter Ended March 31, 2015; Provides Production Guidance for the Second Quarter of 2015; Reports Inventory Write-Down for the First Quarter Ended March 31, 2015

Daqo New Energy Corp. announced unaudited consolidated earnings results for the first quarter ended March 31, 2015. For the quarter, the company reported revenues of $41,870,000 against $42,087,000 a year ago. Income from operations was $4,082,000 against $6,624,000 a year ago. Income before income taxes was $1,393,000 against $2,630,000 a year ago. Net income attributable to company’s shareholders was $1,178,000 against $2,630,000 a year ago. Diluted income per ADS was $0.12 against $0.37 a year ago. Net cash provided by operating activities was $1,338,000 against $15,219,000 a year ago. Purchases of property, plant and equipment were $26,251,000 against $4,398,000 a year ago. EBITDA (non-GAAP) was $11,442,000 against $13,682,000 a year ago. For the quarter, the company’s polysilicon production volume was 1,801 MT compared to 1,791 MT in fourth quarter 2014. Polysilicon shipments were 1,532 MT compared to 1,537 MT in fourth quarter 2014. For the second quarter of 2015, the company expects to ship 1,320 MT of polysilicon. The company also expects to ship approximately 17.5 million to 18.0 million pieces of wafer. For the quarter, the company reported inventory write-down of $62,000.

Daqo New Energy Corp. to Report Q1, 2015 Results on May 08, 2015

Daqo New Energy Corp. announced that they will report Q1, 2015 results at 2:00 PM, GMT Standard Time on May 08, 2015

Daqo New Energy Corp., Q1 2015 Earnings Call, May 08, 2015

Daqo New Energy Corp., Q1 2015 Earnings Call, May 08, 2015


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