Daqo New Energy's Subsidiary Xinjiang Daqo Provides Preliminary Estimate of Net Loss for FY2025

Daqo New Energy (NYSE: DQ) disclosed that its subsidiary Xinjiang Daqo preliminarily estimates a FY2025 net loss of RMB1.0–1.3 billion under PRC GAAP, versus a net loss of RMB2.7 billion in FY2024.

Rhea-AI Summary

Daqo New Energy (NYSE: DQ) disclosed that its subsidiary Xinjiang Daqo preliminarily estimates a FY2025 net loss of RMB1.0–1.3 billion under PRC GAAP, versus a net loss of RMB2.7 billion in FY2024. Daqo New Energy beneficially owns approximately 72.8% of Xinjiang Daqo, and Xinjiang Daqo contributes the majority of the company's revenue and net income. The estimate was prepared in RMB under PRC GAAP and is preliminary and subject to change after Xinjiang Daqo completes its internal closing and reporting process. The company's consolidated results are reported in USD under U.S. GAAP; the preliminary PRC GAAP estimate may not match the ultimate consolidated U.S. GAAP figures.

Management warned that actual results could vary materially and investors should exercise caution in relying on the preliminary estimate.

Positive

• Estimated FY2025 loss reduced to RMB1.0–1.3B from RMB2.7B in FY2024
• Xinjiang Daqo remains the primary revenue and net income contributor with 72.8% ownership

Negative

• Xinjiang Daqo still expects a material net loss of up to RMB1.3B in FY2025
• Preliminary estimate is subject to change pending internal closing and may differ from consolidated U.S. GAAP results
• Company’s consolidated performance remains sensitive because a majority of revenue depends on Xinjiang Daqo

Argus Jan 16 session

-1.60% close to close Open Argus

Details

News Market Reaction – DQ

On Jan 16, the day this news came out, DQ closed 1.60% below the previous close.

Data tracked by StockTitan Argus for the Jan 16 session.

Key Figures

FY2025 net loss estimate (low end): RMB1.0 billion FY2025 net loss estimate (high end): RMB1.3 billion FY2024 net loss: RMB2.7 billion +1 more

FY2025 net loss estimate (low end)

RMB1.0 billion

Net loss attributable to Xinjiang Daqo’s shareholders under PRC GAAP

FY2025 net loss estimate (high end)

RMB1.3 billion

Net loss attributable to Xinjiang Daqo’s shareholders under PRC GAAP

FY2024 net loss

RMB2.7 billion

Net loss attributable to Xinjiang Daqo’s shareholders under PRC GAAP

Ownership in Xinjiang Daqo

72.8%

Daqo New Energy beneficial equity interest in Xinjiang Daqo

Historical Context

5 past events · Latest: Nov 18

5 events

1. Nov 18

   AGM announcement

   24h Move

   -6.4%

   Notice of annual general meeting and shareholder logistics.

2. Oct 27

   Q3 2025 earnings

   24h Move

   +14.1%

   Stronger Q3 revenue, improved EBITDA and polysilicon volumes.

3. Oct 13

   Earnings scheduling

   24h Move

   +7.7%

   Announcement of date and details for Q3 2025 results call.

4. Sep 11

   Litigation update

   24h Move

   -2.0%

   Court ordered small payment versus much larger original claim.

5. Aug 26

   Share repurchase

   24h Move

   -0.8%

   Announcement of $100M buyback funded from cash reserves.

24h Move is the share-price change in the day after each event; other market factors may also have contributed.

Key Terms

prc gaap, u.s. gaap

2 terms

prc gaap regulatory

"Xinjiang Daqo estimates that under PRC GAAP, its net loss attributable..."

PRC GAAP is the set of accounting rules used by companies operating in the People’s Republic of China to prepare financial statements. It determines how revenue, expenses, assets and liabilities are measured and reported, and can differ from U.S. GAAP or IFRS in ways that change reported profit or asset values—like using a different measuring tape. Investors care because those differences affect comparability, risk assessment and valuation when comparing companies across jurisdictions.

u.s. gaap regulatory

"the Company's consolidated financial results are reported in U.S. dollars in accordance with U.S. GAAP."

U.S. GAAP is a set of rules and standards that companies in the United States follow to prepare their financial reports. It helps ensure that financial information is consistent and clear, so investors and others can compare and understand a company's financial health easily.

AI-generated analysis. How Rhea-AI works. Not financial advice.

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google

Add on Google Not now

SHANGHAI, Jan. 16, 2026 /PRNewswire/ -- Daqo New Energy Corp. (NYSE: DQ) ("Daqo New Energy" or the "Company"), a leading manufacturer of high-purity polysilicon for the global solar PV industry, today announced that its subsidiary Xinjiang Daqo New Energy ("Xinjiang Daqo") has provided an estimate of its net loss for the fiscal year ended December 31, 2025 to the Shanghai Stock Exchange.

Xinjiang Daqo estimates that under PRC GAAP, its net loss attributable to Xinjiang Daqo's shareholders in FY2025 will be in the range of RMB1.0~1.3 billion, compared to net loss attributable to Xinjiang Daqo's shareholders of RMB2.7 billion in FY2024.

Daqo New Energy currently beneficially owns approximately 72.8% of Xinjiang Daqo's equity interest, and the majority of the Company's revenue and net income are contributed by Xinjiang Daqo. The estimated net loss described in this press release was prepared solely for Xinjiang Daqo in RMB in accordance with PRC GAAP and is subject to change upon completion of Xinjiang Daqo's internal financial closing and reporting process. In contrast, the Company's consolidated financial results are reported in U.S. dollars in accordance with U.S. GAAP.

The estimated net loss described in this press release is based solely on the information currently available to Xinjiang Daqo's management. Actual results could vary materially from this preliminary estimate. Consequently, investors should exercise caution in relying on this preliminary estimate and should not draw any inferences from it regarding financial or operating data not provided. The estimated net loss should not be viewed as a substitute for full financial statements of Xinjiang Daqo prepared in accordance with PRC GAAP. In addition, the estimated net loss is not necessarily indicative of the results to be achieved by Xinjiang Daqo in any future period.

About Daqo New Energy Corp.

Daqo New Energy Corp. (NYSE: DQ) ("Daqo" or the "Company") is a leading manufacturer of high-purity polysilicon for the global solar PV industry. Founded in 2007, the Company manufactures and sells high-purity polysilicon to photovoltaic product manufacturers, who further process the polysilicon into ingots, wafers, cells and modules for solar power solutions. The Company has a total polysilicon nameplate capacity of 305,000 metric tons and is one of the world's lowest cost producers of high-purity polysilicon.

Safe Harbor Statement

This announcement contains forward-looking statements. These statements are made under the "safe harbor" provisions of the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as "will," "expects," "anticipates," "future," "intends," "plans," "believes," "estimates," "might," "guidance" and similar statements. Among other things, the estimated net loss for the year of 2025 contains forward-looking statements. The Company may also make written or oral forward-looking statements in its reports filed or furnished to the U.S. Securities and Exchange Commission, in its annual reports to shareholders, in press releases and other written materials and in oral statements made by its officers, directors or employees to third parties. Statements that are not historical facts, including statements about the Company's beliefs and expectations, are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties, all of which are difficult or impossible to predict accurately and many of which are beyond the Company's control. A number of factors could cause actual results to differ materially from those contained in any forward-looking statement, including but not limited to the following: the demand for photovoltaic products and the development of photovoltaic technologies; global supply and demand for polysilicon; alternative technologies in cell manufacturing; the Company's ability to significantly expand its polysilicon production capacity and output; the reduction in or elimination of government subsidies and economic incentives for solar energy applications; the Company's ability to lower its production costs; and changes in the regulatory environment. Further information regarding these and other risks is included in the reports or documents that the Company has filed with, or furnished to, the U.S. Securities and Exchange Commission. All information provided in this press release is as of the date hereof, and the Company undertakes no duty to update such information or any forward-looking statement, except as required under applicable law.

View original content:https://www.prnewswire.com/news-releases/daqo-new-energys-subsidiary-xinjiang-daqo-provides-preliminary-estimate-of-net-loss-for-fy2025-302663190.html

SOURCE Daqo New Energy Corp.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What did Xinjiang Daqo estimate for FY2025 net loss and how does it compare to FY2024 for DQ (NYSE:DQ)?

Xinjiang Daqo preliminarily estimated a FY2025 net loss of RMB1.0–1.3 billion, versus a RMB2.7 billion net loss in FY2024.

Will the Xinjiang Daqo preliminary loss immediately change Daqo New Energy’s consolidated results (NYSE:DQ)?

Not immediately; consolidated results are reported in USD under U.S. GAAP and the preliminary PRC GAAP estimate is subject to change after internal closing.

When will investors see final FY2025 financials for Xinjiang Daqo and Daqo New Energy (DQ)?

Final results will be reported after Xinjiang Daqo completes its internal financial closing and formal reporting process; no exact date was provided.

How does Daqo New Energy’s 72.8% stake in Xinjiang Daqo affect shareholder impact for DQ?

With approximately 72.8% ownership, Xinjiang Daqo’s results materially influence Daqo New Energy’s consolidated revenue and net income.

Why might the PRC GAAP estimate differ from Daqo New Energy’s U.S. GAAP consolidated results for DQ?

The estimate was prepared in RMB under PRC GAAP, while consolidated reporting uses USD under U.S. GAAP, which can produce timing and accounting-method differences.