Daqo New Energy Corp. (DQ) Q4 2024 Earnings Call Transcript
Daqo New Energy Corp. (DQ0) Q4 2024 Results Conference Call February 27, 2025 8:00 AM ET Company Participants Xiaoyu Xu - Investor Relations Xiang Xu - Chairman & CEO Anita Zhu - Deputy CEO Ming Yang - CFO Conference Call Participants Alan Hon - JPMorgan Phil Shen - ROTH Capital Alan Lau - Jefferies Operator Good day, and welcome to the Daqo New Energy Fourth Quarter 2024 Results Conference Call. All participants will be in listen-only mode.
Daqo New Energy (DQ) Reports Q4 Loss, Tops Revenue Estimates
Daqo New Energy (DQ) came out with a quarterly loss of $2.71 per share versus the Zacks Consensus Estimate of a loss of $0.61. This compares to earnings of $0.64 per share a year ago.
Daqo New Energy: Quick Gains Likely Behind Us - Slow & Steady Ahead
DQ's bottom has materialized, as the polysilicon spot prices stabilized and the stock continues to enjoy uptrend bullish support. Much of the tailwinds are attributed to the moderation in capacity utilization and market consolidation, one that DQ may survive, thanks to its healthy balance sheet. If anything, solar installations within China continue to grow, with domestic demand likely to well balance the over supply issues and demand headwinds from the US/ EU.
Daqo New Energy: Deeply Undervalued Amid Short-Term Challenges
Daqo New Energy faces short-term challenges due to a sharp decline in polysilicon prices, impacting revenue and profitability in FY24. Despite current market conditions, DQ's strong balance sheet and projected long-term demand growth for solar panels support a "buy" rating. Polysilicon prices are expected to recover by H2 FY25, driven by market consolidation and improved supply-demand balance.
Daqo New Energy Corp. (DQ) Q3 2024 Earnings Call Transcript
Daqo New Energy Corp. (NYSE:DQ ) Q3 2024 Earnings Conference Call October 30, 2024 8:00 AM ET Company Participants Anita Chu - Deputy Chief Executive Officer Ming Yang - Chief Financial Officer Conference Call Participants Philip Shen - Roth MKM Alan Lau - Jefferies Operator Good day, and welcome to the Daqo New Energy Third Quarter 2024 Results Conference Call. All participants will be in listen-only mode.
Daqo New Energy (DQ) Reports Q3 Loss, Tops Revenue Estimates
Daqo New Energy (DQ) came out with a quarterly loss of $0.92 per share versus the Zacks Consensus Estimate of a loss of $0.80. This compares to loss of $0.09 per share a year ago.
Chinese EV and Solar Stocks Soared This Week
Can stimulus save the Chinese economy?
Daqo New Energy Corp (DQ) Shares Up 5.75% on Oct 2
Shares of Daqo New Energy Corp (DQ, Financial) surged 5.75% in mid-day trading on Oct 2. The stock reached an intraday high of $22.42, before settling at $21.90, up from its previous close of $20.71.
Daqo New Energy: The Bottom May Be Behind Us - Promising Market Trends Ahead
DQ remains a compelling Buy due to its robust balance sheet, allowing it to weather the near-term market consolidation in H2'24. At the same time, the management's lowered capacity output and capex guidance already position it for near-term recovery and cash preservation. If anything, its partner, Longi, already highlights robust growth in the APAC region with "smooth customs clearance for shipments to the North American region."
Daqo New Energy: Q2 Shows Further Price Drops, I'm Staying Put
Daqo New Energy's Q2 results showed a significant decline in sales and EPS, with polysilicon prices falling below production costs. The company expects lower production due to tough market conditions but maintains a strong financial position. Despite the current downturn, I believe DQ will emerge stronger, though I'm not adding to my position yet due to ongoing price uncertainties.
Daqo New Energy (DQ) Reports Q2 Loss, Misses Revenue Estimates
Daqo New Energy (DQ) came out with a quarterly loss of $1.81 per share versus the Zacks Consensus Estimate of a loss of $0.24. This compares to earnings of $1.34 per share a year ago.
Daqo New Energy (DQ) Unveils $100M Share Repurchase Program
Daqo (DQ) announced a $100-million share repurchase program, demonstrating optimism in its business development and commitment to shareholder value amid industry challenges.
