Daqo Historical Income Statement

DQ Stock  USD 17.93  1.06  5.58%   
Historical analysis of Daqo New income statement accounts such as Operating Income of 732.2 M can show how well Daqo New Energy performed in making a profits. Evaluating Daqo New income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Daqo New's future profits or losses.
 
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Financial Statement Analysis is much more than just reviewing and examining Daqo New Energy latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Daqo New Energy is a good buy for the upcoming year.
  
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.

About Daqo Income Statement Analysis

Daqo New Energy Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to Daqo New shareholders. The income statement also shows Daqo investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).

Daqo New Income Statement Chart

Daqo New Energy Income Statement is one of the three primary financial statements used for reporting Daqo's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Daqo New Energy revenue and expense. Daqo New Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At this time, Daqo New's Selling General Administrative is relatively stable compared to the past year. As of 05/11/2024, Total Revenue is likely to grow to about 2.4 B, though Minority Interest is likely to grow to (212.2 M).

Other Operating Expenses

Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Daqo New Energy. It is also known as Daqo New overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.

Total Operating Expenses

The total costs associated with the day-to-day operations of a business, excluding the cost of goods sold but including selling, general, and administrative expenses.

Total Revenue

Total revenue comprises all receipts Daqo New Energy generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.
Most accounts from Daqo New's income statement are interrelated and interconnected. However, analyzing income statement accounts 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 income statement accounts, 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 05/11/2024, Total Revenue is likely to grow to about 2.4 B, though Minority Interest is likely to grow to (212.2 M).
 2021 2022 2023 2024 (projected)
Cost Of Revenue581.6M1.2B1.4B1.5B
Research Development6.5M10.0M10.1M10.6M

Daqo New income statement Correlations

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Daqo New Account Relationship Matchups

Daqo New income statement Accounts

201920202021202220232024 (projected)
Interest Expense10.4M26.6M20.5M14.5M16.6M14.4M
Other Operating Expenses302.5M487.7M627.4M1.6B1.6B1.7B
Operating Income47.5M120.1M1.1B3.0B697.3M732.2M
Ebit47.5M120.1M1.1B3.0B697.3M732.2M
Ebitda95.9M188.8M939.5M3.0B846.2M888.5M
Total Operating Expenses32.6M46.1M45.8M367.3M223.4M234.5M
Income Before Tax37.9M162.1M1.0B3.1B818.5M859.4M
Net Income29.5M129.2M756.2M1.8B429.5M216.1M
Depreciation And Amortization48.4M68.7M(111.9M)(1.8M)148.9M156.3M
Selling General Administrative32.5M39.5M39.9M354.1M213.2M223.9M
Total Revenue350.0M675.6M1.7B4.6B2.3B2.4B
Gross Profit80.1M234.0M1.1B3.4B920.7M966.7M
Research Development5.3M6.9M6.5M10.0M10.1M10.6M
Cost Of Revenue269.9M441.6M581.6M1.2B1.4B1.5B
Total Other Income Expense Net(9.6M)42.1M(16.5M)16.3M121.2M127.2M
Net Income Applicable To Common Shares29.5M129.2M756.2M1.9B2.1B2.2B
Income Tax Expense9.6M28.2M162.8M537.1M165.6M173.9M
Net Income From Continuing Ops28.3M133.9M872.1M2.5B652.9M421.5M
Tax Provision9.6M28.2M162.8M537.1M295.9M310.7M
Interest Income9.6M25.7M16.5M16.3M18.7M16.0M
Discontinued Operations(3.8M)(23.0M)1.3M(141K)(126.9K)(133.2K)
Net Interest Income(9.4M)(25.7M)(20.5M)14.5M52.3M54.9M
Reconciled Depreciation47.4M68.7M77.4M107.1M148.9M81.0M

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.

Moving against Daqo Stock

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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 Money Flow Index module to determine momentum by analyzing Money Flow Index and other technical indicators.

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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
(0.93)
Earnings Share
2.43
Revenue Per Share
28.129
Quarterly Revenue Growth
(0.41)
Return On Assets
0.0284
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.