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Stock impact report

Daqo New Energy: Not Even Worth A Long-Term Bet [Seeking Alpha]

DAQO New Energy Corp. American Depositary Shares, each representing five ordinary shares (DQ) 
Last daqo new energy corp. american depositary shares, each representing five ordinary shares earnings: 3/11 05:27 am Check Earnings Report
US:NYSE Investor Relations: dqsolar.com
Company Research Source: Seeking Alpha
Despite an 80%+ YTD rally, DQ remains structurally challenged, with production costs exceeding polysilicon selling prices and utilization rates below 50%. Even optimistic forecasts yield modest gross profits and EPS, making DQ's current valuation (32x 2031E EPS) unsupportable. Short-term inventory depletion may provide minor gross profits, but long-term prospects are constrained by industry overcapacity and cost pressures. undefined undefined/iStock via Getty Images Investment Thesis Daqo New Energy ( DQ ) was perhaps an interesting bet a few years ago when the real push for solar started and China was in the forefront of production here. The large production This article was written by Analyst's Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it ( Show less Read more
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