Daqo New Energy Corp.

NYSE•DQ

CEO: Mr. Xiang Xu

セクター: Technology

業種: Semiconductors

上場日: 2010-10-07

Daqo New Energy Corp., together with its subsidiaries, manufactures and sells polysilicon to photovoltaic product manufacturers in the People's Republic of China. Its products are used in ingots, wafers, cells, and modules for solar power solutions. The company was formerly known as Mega Stand International Limited and changed its name to Daqo New Energy Corp. in August 2009. Daqo New Energy Corp. was founded in 2006 and is based in Shanghai, the People's Republic of China.

連絡先情報

Huadu Mansion, 29th Floor 838 Zhangyang Road Pudong New District, Shanghai, 200122, China

86-21-5075-2918

www.dqsolar.com

時価総額

$1.58B

PER (TTM)

-9.3

37.2

配当利回り

52週高値

$36.59

52週安値

$12.41

52週レンジ

46%

順位29Top 17.8%

5.2

F-Score

改良版 Piotroski 分析

10年ファンダメンタル

堅調 • 5.2 / 9 ポイント

スコアレンジ (0-9)

8-9: 価値が優れている

6-7: 基礎体質が強い

4-5: 全体的に堅調

0-3: パフォーマンスが弱い

データ期間: 2016-2025

財務ダッシュボード

Q4 2025 データ

売上高

$221.71M+0.00%

直近4四半期の推移

EPS

-$0.11+0.00%

直近4四半期の推移

フリーCF

$46.98M+0.00%

直近4四半期の推移

2024 Annual 決算ハイライト

主なハイライト

Polysilicon Capacity Reaches 305,000 MT Annual nameplate capacity increased to 305,000 MT by Q3 2024 following Phase 5B completion, showing aggressive expansion plans.

Production Cost Reduction Achieved Polysilicon production cost decreased to $6.44/kg in 2024, benefiting from efficiency gains and older line shutdowns.

High-Quality N-type Polysilicon Focus Over 99% of polysilicon sold to mono-wafer applications in 2024; N-type product reached 70% of total output.

リスク要因

Polysilicon ASPs Plummeted Gross margin turned negative at -20.7% in 2024 due to ASP decrease to $5.66/kg amid market oversupply.

Operating Cash Flow Negative Net cash used in operating activities was $435.4M in 2024; cash reserves decreased by $2.01B year-over-year.

US-China Regulatory Listing Risk Continued uncertainty exists regarding HFCA Act compliance and potential NYSE delisting of ADSs.

Significant Contract Dispute Pending Retrial pending for a contract dispute where plaintiffs seek RMB 742.7M compensation; final verdict uncertain.

見通し

Focus on Core Polysilicon Business Plan to continue focusing on polysilicon production, improving efficiency, cost structure, and product quality moving forward.

Share Repurchase Program Approved Board approved a $100M share repurchase program effective until June 30, 2025, dependent on market conditions.

Semiconductor Polysilicon Production Started 1,000 MT polysilicon project for the semiconductor industry commenced production in May 2024.

同業比較

売上高 (TTM)

AMAT

$28.21B

+2.1%

LRCX

$20.56B

+26.8%

KLAC

$12.74B

+17.6%

粗利益率 (最新四半期)

CLVT

66.8%

-1.3pp

KLAC

61.4%

+1.1pp

TER

57.5%

-1.9pp

主要指標

銘柄コード	時価総額	PER (TTM)	ROE (TTM)	負債比率
AMAT	$283.92B	36.2	38.9%	19.1%
LRCX	$278.46B	45.2	62.6%	21.0%
KLAC	$193.92B	42.6	95.2%	37.6%

長期トレンド

直近4四半期

売上高

純利益

営業キャッシュフロー

4四半期売上高CAGR

21.4%

高成長

4四半期純利益CAGR

N/M

収益構造の変化

キャッシュフロー安定性

50%

キャッシュフローに注意が必要

深度リサーチ

次回決算:2026年4月27日

EPS:-

売上高:-

財務データ

決算説明会

財務レポート

ニュース

損益計算書

バランスシート

キャッシュフロー計算書

財務比率

変化率

損益計算書	直近12ヶ月

データなし