Ming Yang - Daqo New Chief Financial Officer

DQ Stock  USD 23.75  0.74  3.22%   

CFO

Mr. Ming Yang is Chief Financial Officer of Daqo New Energy Corporationration Mr. Yang has significant breadth of experience in corporate finance, capital markets, business development and corporate strategy. Most recently, Mr. Yang was a management consultant at McKinsey Company, where he specialized in the cleantech and solar sectors. His work focused on such areas as corporate strategy, market strategy, performance management, risk management and growth initiatives. Prior to that, he was vice president of business development and corporate communications at JA Solar Holdings Co., Ltd., a leading manufacturer of solar products based in China, where he was responsible for corporate strategy, business development, strategic partnerships and investor relations. Prior to JA Solar, Mr. Yang was an analyst covering the renewable energy sector at Coatue Management, a multibillion dollar hedge fund based in New York. Before that, he was vice president and senior China analyst at Piper Jaffray based in New York and Shanghai, where he was a core member of the global cleantech team and covered the solar energy and semiconductor materials sectors since 2015.
Age 51
Tenure 9 years
Professional MarksMBA
Address Huadu Mansion, Shanghai, China, 200122
Phone86 21 5075 2918
Webhttps://www.dqsolar.com
Yang holds an MBA degree from Cornell University with concentration in finance and strategy. He also holds a bachelor degree in electrical engineering and computer science from the University of California, Berkeley .

Daqo New Management Efficiency

The company has Return on Asset (ROA) of 0.0651 % which means that for every $100 of assets, it generated a profit of $0.0651. This is way below average. Likewise, it shows a return on total equity (ROE) of 0.0988 %, which means that it produced $0.0988 on every 100 dollars invested by current stockholders. Daqo New's management efficiency ratios could be used to measure how well Daqo New manages its routine affairs as well as how well it operates its assets and liabilities. As of 04/25/2024, Return On Equity is likely to grow to 0.18, while Return On Tangible Assets are likely to drop 0.05. At this time, Daqo New's Total Current Liabilities is relatively stable compared to the past year. As of 04/25/2024, Liabilities And Stockholders Equity is likely to grow to about 7.8 B, while Change To Liabilities is likely to drop 0.00.
The company reports 20.69 M of total liabilities with total debt to equity ratio (D/E) of 0.25, which may suggest the company is not taking enough advantage from financial leverage. Daqo New Energy has a current ratio of 5.11, indicating that it is in good position to pay out its debt commitments in time. Debt can assist Daqo New until it has trouble settling it off, either with new capital or with free cash flow. So, Daqo New's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Daqo New Energy sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Daqo to invest in growth at high rates of return. When we think about Daqo New's use of debt, we should always consider it together with cash and equity.

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Daqo New Energy Corp., together with its subsidiaries, manufactures and sells polysilicon to photovoltaic product manufactures in the Peoples Republic of China. Daqo New Energy Corp. was founded in 2006 and is based in Shanghai, the Peoples Republic of China. Daqo New operates under Semiconductor Equipment Materials classification in the United States and is traded on New York Stock Exchange. It employs 2399 people. Daqo New Energy (DQ) is traded on New York Stock Exchange in USA. It is located in Huadu Mansion, Shanghai, China, 200122 and employs 19 people. Daqo New is listed under Semiconductors & Semiconductor Equipment category by Fama And French industry classification.

Management Performance

Daqo New Energy Leadership Team

Elected by the shareholders, the Daqo New's board of directors comprises two types of representatives: Daqo New inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Daqo. The board's role is to monitor Daqo New's management team and ensure that shareholders' interests are well served. Daqo New's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Daqo New's outside directors are responsible for providing unbiased perspectives on the board's policies.
Ming Yang, Chief Financial Officer
Dafeng Shi, Director
Qiangmin Zhou, Chief Operations Officer
Shuming Zhao, Independent Director
Fumin Zhuo, Independent Director
Longgen Zhang, Chief Executive Officer, Executive Director
Xiang Xu, Chairman CEO
Shihua Su, Chief Marketing Officer
Xiyu Wang, Chief Technology Officer
Fu Zhuo, Independent Director
Mingsong Liang, Independent Director
Qiangming Zhou, CTO
Guoping Zhu, CTO
Guangfu Xu, Executive Chairman of the Board
Gongda Yao, Non-Executive Director
MingRain Yang, Chief Financial Officer
Kevin He, Investor Relations Officer
Rongling Chen, Independent Director
Arthur Wong, Independent Director

Daqo Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Daqo New a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

Pair Trading with Daqo New

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Daqo New position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Daqo New will appreciate offsetting losses from the drop in the long position's value.

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The ability to find closely correlated positions to Daqo New could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Daqo New when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Daqo New - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Daqo New Energy to buy it.
The correlation of Daqo New is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Daqo New moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Daqo New Energy moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Daqo New can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
When determining whether Daqo New Energy is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Daqo Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Daqo New Energy Stock. Highlighted below are key reports to facilitate an investment decision about Daqo New Energy Stock:
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Daqo New Energy. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in producer price index.
You can also try the Instant Ratings module to determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance.

Complementary Tools for Daqo Stock analysis

When running Daqo New's price analysis, check to measure Daqo New's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Daqo New is operating at the current time. Most of Daqo New's value examination focuses on studying past and present price action to predict the probability of Daqo New's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Daqo New's price. Additionally, you may evaluate how the addition of Daqo New to your portfolios can decrease your overall portfolio volatility.
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Is Daqo New's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Daqo New. If investors know Daqo will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Daqo New listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.85)
Earnings Share
5.62
Revenue Per Share
30.897
Quarterly Revenue Growth
(0.45)
Return On Assets
0.0651
The market value of Daqo New Energy is measured differently than its book value, which is the value of Daqo that is recorded on the company's balance sheet. Investors also form their own opinion of Daqo New's value that differs from its market value or its book value, called intrinsic value, which is Daqo New's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Daqo New's market value can be influenced by many factors that don't directly affect Daqo New's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Daqo New's value and its price as these two are different measures arrived at by different means. Investors typically determine if Daqo New is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Daqo New's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.