Daqo Extraordinary Items vs Ebit Analysis

DQ Stock  USD 22.64  0.12  0.53%   
Daqo New financial indicator trend analysis is much more than just examining Daqo New Energy latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Daqo New Energy is a good investment. Please check the relationship between Daqo New Extraordinary Items and its Ebit accounts. 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.

Extraordinary Items vs Ebit

Extraordinary Items vs Ebit Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Daqo New Energy Extraordinary Items account and Ebit. At this time, the significance of the direction appears to have no relationship.
The correlation between Daqo New's Extraordinary Items and Ebit is 0.01. Overlapping area represents the amount of variation of Extraordinary Items that can explain the historical movement of Ebit in the same time period over historical financial statements of Daqo New Energy, assuming nothing else is changed. The correlation between historical values of Daqo New's Extraordinary Items and Ebit is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Extraordinary Items of Daqo New Energy are associated (or correlated) with its Ebit. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Ebit has no effect on the direction of Extraordinary Items i.e., Daqo New's Extraordinary Items and Ebit go up and down completely randomly.

Correlation Coefficient

0.01
Relationship DirectionPositive 
Relationship StrengthInsignificant

Extraordinary Items

Ebit

Most indicators from Daqo New's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Daqo New Energy current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. 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.
At this time, Daqo New's Selling General Administrative is relatively stable compared to the past year. As of 06/04/2024, Tax Provision is likely to grow to about 310.7 M, while Discontinued Operations is likely to drop (133.2 K).
 2021 2022 2023 2024 (projected)
Cost Of Revenue581.6M1.2B1.4B1.5B
Research Development6.5M10.0M10.1M10.6M

Daqo New fundamental ratios Correlations

0.950.950.950.460.430.930.750.520.96-0.620.940.950.63-0.940.880.960.95-0.210.74-0.740.950.55-0.150.120.61
0.950.920.910.560.540.920.830.620.93-0.60.910.940.72-0.880.920.890.93-0.220.63-0.770.90.520.110.040.77
0.950.920.990.520.470.990.730.61.0-0.80.990.970.8-0.990.960.990.97-0.190.78-0.840.990.630.060.090.78
0.950.910.990.480.410.970.690.540.99-0.790.990.990.78-0.980.940.980.99-0.180.79-0.820.990.550.00.080.74
0.460.560.520.480.950.580.720.990.5-0.320.440.50.39-0.460.530.440.50.00.37-0.450.460.370.23-0.080.55
0.430.540.470.410.950.540.670.950.44-0.260.380.440.34-0.40.50.390.430.040.3-0.430.410.40.26-0.090.51
0.930.920.990.970.580.540.770.660.99-0.790.960.940.79-0.980.970.980.94-0.190.75-0.840.980.710.110.120.79
0.750.830.730.690.720.670.770.740.73-0.360.670.690.51-0.70.750.70.68-0.220.44-0.530.710.620.140.180.63
0.520.620.60.540.990.950.660.740.57-0.370.510.560.45-0.530.610.520.56-0.020.41-0.50.530.460.25-0.020.6
0.960.931.00.990.50.440.990.730.57-0.790.990.970.79-0.990.960.990.97-0.20.77-0.830.990.630.050.110.76
-0.62-0.6-0.8-0.79-0.32-0.26-0.79-0.36-0.37-0.79-0.82-0.73-0.870.81-0.83-0.77-0.720.12-0.590.91-0.79-0.56-0.370.23-0.79
0.940.910.990.990.440.380.960.670.510.99-0.820.980.82-0.980.950.980.98-0.230.76-0.840.980.560.080.060.78
0.950.940.970.990.50.440.940.690.560.97-0.730.980.78-0.940.920.951.0-0.20.76-0.780.950.450.010.050.74
0.630.720.80.780.390.340.790.510.450.79-0.870.820.78-0.760.870.730.77-0.280.43-0.850.760.50.56-0.140.95
-0.94-0.88-0.99-0.98-0.46-0.4-0.98-0.7-0.53-0.990.81-0.98-0.94-0.76-0.94-1.0-0.940.18-0.790.83-1.0-0.680.0-0.11-0.71
0.880.920.960.940.530.50.970.750.610.96-0.830.950.920.87-0.940.930.91-0.150.69-0.890.950.680.30.00.89
0.960.890.990.980.440.390.980.70.520.99-0.770.980.950.73-1.00.930.95-0.180.8-0.81.00.66-0.050.140.69
0.950.930.970.990.50.430.940.680.560.97-0.720.981.00.77-0.940.910.95-0.190.76-0.780.950.430.00.050.74
-0.21-0.22-0.19-0.180.00.04-0.19-0.22-0.02-0.20.12-0.23-0.2-0.280.18-0.15-0.18-0.190.170.11-0.19-0.17-0.11-0.25-0.22
0.740.630.780.790.370.30.750.440.410.77-0.590.760.760.43-0.790.690.80.760.17-0.560.790.39-0.240.110.4
-0.74-0.77-0.84-0.82-0.45-0.43-0.84-0.53-0.5-0.830.91-0.84-0.78-0.850.83-0.89-0.8-0.780.11-0.56-0.82-0.59-0.380.38-0.83
0.950.90.990.990.460.410.980.710.530.99-0.790.980.950.76-1.00.951.00.95-0.190.79-0.820.670.010.130.72
0.550.520.630.550.370.40.710.620.460.63-0.560.560.450.5-0.680.680.660.43-0.170.39-0.590.670.220.290.54
-0.150.110.060.00.230.260.110.140.250.05-0.370.080.010.560.00.3-0.050.0-0.11-0.24-0.380.010.22-0.320.67
0.120.040.090.08-0.08-0.090.120.18-0.020.110.230.060.05-0.14-0.110.00.140.05-0.250.110.380.130.29-0.32-0.12
0.610.770.780.740.550.510.790.630.60.76-0.790.780.740.95-0.710.890.690.74-0.220.4-0.830.720.540.67-0.12
Click cells to compare fundamentals

Daqo New Account Relationship Matchups

Daqo New fundamental ratios Accounts

201920202021202220232024 (projected)
Other Current Liab169.5M107.5M123.1M489.6M504.8M530.0M
Total Current Liabilities445.1M284.1M550.5M734.8M836.4M878.3M
Total Stockholder Equity566.6M767.1M2.2B4.8B4.8B5.0B
Retained Earnings200.9M330.1M1.1B2.9B3.3B3.5B
Common Stock Total Equity27.3K33.4K35.0K37K42.6K24.2K
Common Stock Shares Outstanding70.0M75.0M76.8M77.3M75.0M47.8M
Other Stockholder Equity385.6M410.7M1.0B2.1B1.7B1.8B
Total Liab634.2M440.2M672.5M948.2M960.4M510.7M
Common Stock35K37K38K40K41K27.6K
Total Assets1.2B1.2B3.3B7.6B7.4B7.8B
Short Long Term Debt Total200.7M381.5M243.1M20.7M23.8M22.6M
Other Liab37.5M32.9M122.0M213.4M245.4M257.7M
Property Plant And Equipment Net995.2M1.0B1.6B2.6B3.6B3.8B
Current Deferred Revenue33.0M37.8M203.0M122.0M149.0M156.4M
Net Debt329.6M166.5M(724.0M)(3.5B)(3.0B)(2.9B)
Accounts Payable12.7M19.0M81.5M102.6M92.9M97.5M
Cash51.8M76.6M724.0M3.5B3.0B3.2B
Non Current Assets Total1.0B1.1B1.6B2.7B3.9B4.0B
Non Currrent Assets Other217K153K820K(378K)45.1M42.8M
Other Assets1.6M153K820K98.6M113.4M119.1M
Cash And Short Term Investments51.8M76.6M1.0B3.5B3.0B3.2B
Net Receivables5.7M282K365.9M1.1B116.4M132.7M
Liabilities And Stockholders Equity1.2B1.2B3.3B7.6B7.4B7.8B
Non Current Liabilities Total189.1M156.1M122.0M213.4M124.0M172.9M
Inventory36.4M42.2M327.8M169.5M187.6M197.0M
Other Current Assets15.3M11.5M45.1M53.8M224.6M235.9M
Property Plant And Equipment Gross995.2M1.0B2.0B2.6B4.2B4.4B
Total Current Assets174.3M180.3M1.7B4.9B3.6B3.8B
Accumulated Other Comprehensive Income(19.9M)26.3M67.8M(176.0M)(294.0M)(279.3M)
Short Term Debt229.9M119.9M142.9M20.7M89.8M121.8M
Intangible Assets29.6M30.8M40.7M80.3M150.4M157.9M
Property Plant Equipment995.2M1.0B1.6B2.6B3.0B3.1B
Net Tangible Assets537.0M736.3M2.1B4.8B5.5B5.8B
Long Term Investments687.1K649.8K642.0K685K616.5K624.5K
Short Long Term Debt67.4M230.6M119.8M20.7M18.6M17.7M
Capital Surpluse387.4M412.5M1.0B2.2B2.5B2.7B

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Additional 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.