STOCK TITAN
  1. Home
  2. News
  3. DQ

Daqo New Energy Corp - DQ STOCK NEWS

Welcome to our dedicated news page for Daqo New Energy (Ticker: DQ), a resource for investors and traders seeking the latest updates and insights on Daqo New Energy.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Daqo New Energy's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Daqo New Energy's position in the market.

News
Daqo New Energy to Announce Unaudited Results for the First Quarter of 2024 on April, 29, 2024
Rhea-AI Summary
Daqo New Energy Corp. (NYSE: DQ) plans to release unaudited financial results for Q1 2024 on April 29, 2024. The company is a leading manufacturer of high-purity polysilicon for the global solar PV industry.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.56%
Tags
earnings
-
News
Daqo New Energy's Subsidiary Xinjiang Daqo Proposes 2023 Cash Dividend for Approval at Its Annual Shareholders' Meeting
Rhea-AI Summary
Daqo New Energy Corp. announces approval of cash dividend plan for 2023 by its subsidiary Xinjiang Daqo, with a proposed 15.50% cash dividend of RMB 893,308,292 to shareholders. The company also repurchased RMB 259,867,131 worth of shares, returning approximately 20.01% of its net profit to shareholders in 2023.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.39%
Tags
dividends
-
News
Daqo New Energy Announces Unaudited Fourth Quarter and Fiscal Year 2023 Results
Rhea-AI Summary
Daqo New Energy Corp. (DQ) announces unaudited financial results for Q4 and FY 2023. Q4 saw a rise in polysilicon production and sales volume, with a decline in ASP. Revenue was $477.1M, gross profit $87.2M, net income $44.9M, and EBITDA $128.2M. For FY 2023, revenue was $2,308.5M, gross profit $920.7M, net income $421.2M, and EBITDA $918.6M.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
7.03%
Tags
earnings
News
Daqo New Energy to Announce Unaudited Results for the Fourth Quarter and Fiscal Year 2023 on February 28, 2024
Rhea-AI Summary
Daqo New Energy Corp. (NYSE: DQ) plans to release unaudited financial results for Q4 and fiscal year 2023 on February 28, 2024. A conference call is scheduled to discuss the results at 8:00 AM U.S. Eastern Time.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.7%
Tags
earnings
-
News
Daqo New Energy's Subsidiary Xinjiang Daqo Provides Preliminary Estimate of Net Profit for FY2023
Rhea-AI Summary
Daqo New Energy Corp. (NYSE: DQ) announced that its subsidiary Xinjiang Daqo New Energy estimates a 69.7%~70.2% year-over-year decrease in net profit for fiscal year 2023, attributing it to PRC GAAP. Daqo New Energy owns 72.4% of Xinjiang Daqo's equity and its revenue and net income are mainly from Xinjiang Daqo.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.94%
Tags
none
-
News
Daqo New Energy Provides Update on Share Repurchase Program
Rhea-AI Summary
Daqo New Energy Corp. (NYSE: DQ) has provided an update on its US$700 million share repurchase program, repurchasing 14.55 million ADSs at an average price of $33.71 per ADS for a total of approximately $491 million, representing approximately 70.1% of the maximum amount of the share repurchase program. The number of the Company's total ordinary shares outstanding at the end of 2023 was approximately 328.8 million after reflecting the completed share repurchases, compared with 391.0 million at the end of 2022.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.92%
Tags
buyback
News
Daqo New Energy's Subsidiary Xinjiang Daqo Announces Investment Agreement to Establish Polysilicon and Silicon Metal Project to Integrate Upstream Supply
Rhea-AI Summary
Daqo New Energy Corp. (NYSE: DQ) announced the signing of an investment agreement for a silicon-based new materials industrial park in Shihezi, China. The project includes two phases with a total investment of approximately RMB15 billion. The project aims to enhance the Company's competitive advantages in cost and quality, minimize raw materials price fluctuations, and strengthen its leadership position in the polysilicon industry.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.13%
Tags
none
-
News
Daqo New Energy Announces Appointment of First Female Director
Rhea-AI Summary
Daqo New Energy Corp. (NYSE: DQ) announced the appointment of Ms. Xiaoyu Xu as a director of the Company, effective November 13, 2023. Ms. Xu, who previously worked at J.P. Morgan, holds an MBA degree from the Wharton School and a Bachelor of Science degree from the Haas School of Business. She is the daughter of Mr. Xiang Xu, Chairman and CEO of Daqo New Energy. This appointment marks the Company's first female board member, reflecting a commitment to diversity and global perspective.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
3.7%
Tags
management
-
News
Daqo New Energy Announces Unaudited Third Quarter 2023 Results
Rhea-AI Summary
Daqo New Energy Corp. announces unaudited financial results for Q3 2023. Polysilicon production volume increased by 27% compared to Q2 2023. Revenue was $484.8 million, gross profit was $67.8 million, and net loss attributable to Daqo New Energy Corp. shareholders was $6.3 million. Adjusted net income was $44.0 million. The company expects to produce approximately 59,000-62,000 MT of polysilicon in Q4 2023.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
5.87%
Tags
earnings
News
Daqo New Energy to Announce Unaudited Results for the Third Quarter of 2023 on October 30, 2023
Rhea-AI Summary
Daqo New Energy Corp. plans to release its unaudited financial results for Q3 2023 on October 30, 2023. A conference call to discuss the results will be held on the same day.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.31%
Tags
earnings
Stock DQ logo
Daqo New Energy Corp

NYSE:DQ

DQ Rankings

#2075 Ranked by Market Cap
#4582 Ranked by Stock Gains
N/A Ranked by Dividends

DQ Stock Data

1.53B
229.29M
12.19%
43.62%
5.87%
Semiconductor and Related Device Manufacturing
Manufacturing
Link
China (Mainland)
Chongqing

About DQ

daqo new energy corp. (nyse: dq) is a leading poly-silicon manufacturer based in china and aims to become a vertically integrated photovoltaic (pv) product manufacturer. with an installed annual production capacity of 3,300 metric tons (mt) as of june 30, 2010, we believe we are one of the largest polysilicon manufacturers in china. we plan to increase our annual production capacity to 7,300 mt by the end of 2012 by adding a phase 2 production line. we manufacture and sell high-quality polysilicon to photovoltaic product manufacturers, who further process our polysilicon into ingots, wafers, cells and modules for solar power solutions. we have started expanding downstream into the wafer manufacturing business and are ramping up our module manufacturing business. we have established a 200mw photovoltaic module manufacturing facility in nanjing, china. we aim to develop, manufacture and sell high quality and cost-effective photovoltaic modules to a wide range of markets around the world.