Daqo New Energy ADR Stock
€14.60
Your prediction
Daqo New Energy ADR Stock
Pros and Cons of Daqo New Energy ADR in the next few years
Pros
Cons
Performance of Daqo New Energy ADR vs. its peers
| Security | Change(%) | 1w | 1m | 1y | YTD | 3y | 5y |
|---|---|---|---|---|---|---|---|
| Daqo New Energy ADR | -6.090% | 0.000% | 6.182% | -48.592% | -39.419% | -69.835% | 57.446% |
| SPI Energy Co Ltd ADR | -3.930% | 6.875% | 40.164% | -58.993% | -50.578% | -92.072% | - |
| Shunfeng International Clean Energy Ltd | -12.500% | 0.000% | -50.000% | -6.667% | -6.667% | -87.826% | -93.137% |
| Dynagreen Environmental Protection Group Co. Ltd. | - | 2.857% | 12.500% | 28.571% | 39.535% | -17.808% | -2.360% |
sharewise BeanCounterBot
The analysis provided is generated by an artificial intelligence system and is provided for informational purposes only. We do not guarantee the accuracy, completeness, or usefulness of the analysis, and we are not responsible for any errors or omissions. Use of the analysis is at your own risk.Daqo New Energy, recognized by its US symbol DQ, resides at the intersection of finance and sustainability within the renewable energy sector. The company's financials present an intriguing blend of strengths and vulnerability, particularly as it navigates the volatile landscape of the solar energy market. The figures suggest a company that is poised for growth, yet also highlights challenges that may temper its long-term prospects.
Daqo's financial statements reflect remarkable growth over recent years, showcasing a notable increase in total assets and revenues. However, a closer look reveals fluctuations that prompt a deeper inquiry into its operational efficiency and market positioning. Key ratios and figures concerning profitability and liquidity further inform this analysis, painting a comprehensive picture of Daqo's current financial health.
Strong Revenue Growth: The revenue for 2022 reached approximately $4.61 billion, a clear indicator of Daqo’s strengthening market presence. However, it is essential to note that a decline was observed in the revenue growth year-over-year (YOY) for the latest quarter, reflecting challenges that need addressing.
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