Added to YB: 2024-07-04
Pitch date: 2024-07-02
DQ [bullish]
Daqo New Energy Corp.
-27.99%
current return
Author Info
Company Info
Daqo New Energy Corp., together with its subsidiaries, manufactures and sells polysilicon to photovoltaic product manufacturers in the People’s Republic of China.
Market Cap
$778.8M
Pitch Price
$14.79
Price Target
N/A
Dividend
N/A
EV/EBITDA
-12.13
P/E
-4.03
EV/Sales
0.96
Sector
Semiconductors and Semiconductor Equipment
Category
value
Daqo New Energy Corp.: Positioned to Thrive Amid Polysilicon Market Volatility and Expected Growth
DQ: World's largest polysilicon maker w/ negative EV ($2.7B cash, $960M market cap). Low-cost producer in 16% CAGR market thru 2030. Temporary price dip below costs. Expect industry consolidation, DQ to survive & thrive w/ strong balance sheet. Normalized profits likely when demand/supply balance. Fat pitch opportunity.
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