DQDaqo New Energy Corp.
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A mixed picture: the questions disagree
Quality strong, a flag to check, growth fading, the market undecided.
Photovoltaics is one of the proven and most rapidly growing renewable energy sources in the world. Energy from the sun is converted into electricity primarily through the photovoltaic effect and, to a lesser extent, through concentrated solar thermal technologies. We are a leading high-purity polysilicon manufacturer based in China. We utilize the chemical vapor deposition process, or the “modified Siemens process,” with upgraded Hydrochlorination technology, to produce polysilicon, and have fully implemented the closed loop system to produce high-quality polysilicon cost-effectively.
In the company’s own words · 20-F filed Apr 20, 2026 · SEC EDGAR
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As reported to the SEC, without any scoring.
Daqo New Energy Corp. (DQ) reported revenue of $49M in Q4 2014 (quarter ended Dec 31, 2014). That came with a gross margin of 25% and net income of $3.6M (7.3% of revenue). For the full year FY2025, revenue was $665M (−35% year on year) and net income −$171M.
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