Daqo New Energy Corp. (DQ) Stock

About Daqo New Energy Corp.

Daqo New Energy Corp., operating with its subsidiaries, is engaged in the production and supply of polysilicon to companies manufacturing photovoltaic products across the People's Republic of China. This polysilicon is a fundamental material utilized in the creation of ingots, wafers, cells, and modules, which are crucial components for diverse solar power applications. The company, initially named Mega Stand International Limited, adopted its current designation, Daqo New Energy Corp., in August 2009. Founded in 2006, its main operational base is situated in Shanghai, China.

Daqo New Energy Corp. is headquartered in CN.

Daqo New Energy Corp. (DQ) stock trades at $11.84 with a market capitalization of $801.17M. The stock is valued at a negative price-to-earnings (P/E) ratio of -4.26, reflecting a net loss over the last twelve months, price-to-book of 0.18, price-to-sales of 1.41. Over the past 52 weeks the stock has ranged between $11.55 and $36.59, and currently trades 67.6% below its 52-week high.

On profitability, Daqo New Energy Corp. generates a return on equity (ROE) of -4.29% (negative, reflecting a net loss), return on capital employed of -5.24%, an operating margin of -54.44%, a net profit margin of -32.94%.

Official website: www.dqsolar.com

Daqo New Energy Corp. by the numbers, 2016–2025

Between 2016 and 2025 Daqo New Energy Corp. reported revenue of $229.0M rising to $665.0M, a change of +190.4% across 10 years. Compounded, revenue has grown -0.3% a year over five years, -47.5% over three, -35.4% over the last twelve months. Net profit fell to $-171.0M.

Operating margin went from 28.6% in 2016 to -40.6% in 2025, a fall of 69.2 percentage points. The most recent net margin is -32.94%. On a trailing twelve-month basis to Mar '26, revenue is $569.0M and net profit $-187.0M.

Borrowings fell from $244.0M to $0, cash on hand is $1.9B, cash from operations was $56.0M in the latest year, positive in 9 of the last 10.

Return on equity has averaged 13.9% over five years, and was -3.9% in the most recent year.

The share price itself has compounded at —% a year over five years, -33.0% over three, -42.3% over the last year. Past price movement is history, not a forecast.

Figures are as reported and in the company's own reporting currency. They describe what has already happened and carry no implication about what follows.

Daqo New Energy Corp. (DQ) — frequently asked questions