DAQO NEW ENERGY CORP. DQ
DAQO NEW ENERGY CORP. (DQ) earns a Piotroski F-score of 4/9 (mixed financial health), with an Altman Z″ in the safe zone. It does not currently pay a dividend. FY2025 revenue was $665.4M at a -25.6% net margin.
Quality score trend · recomputed for each fiscal year
Each year's score is computed from that year's filing — a rising Piotroski F or Altman Z″ means improving financial health, a fall is worth a look.
Analyst price target
Wall Street analyst consensus — a sentiment gauge, not our scoring.
How it ranks in Manufacturing · percentile among 1957 companies
Percentile vs other Manufacturing companies we cover — e.g. “stronger than 90%” means only 10% score higher on that measure.
Piotroski F breakdown · 4/9 tests passed
- Positive return on assets
- Positive operating cash flow
- Rising ROA
- Cash flow exceeds net income
- Lower long-term debt
- Rising current ratio
- No share dilution
- Rising gross margin
- Rising asset turnover
Altman Z″ components · safe zone
| Component | Value |
|---|---|
| Working capital / assets | 0.34 |
| Retained earnings / assets | 0.436 |
| EBIT / assets | -0.042 |
| Equity / liabilities | 11.1 |
Sector peers · similar-size Manufacturing companies compare side by side →
| Ticker | Company | Piotroski F | Altman Z″ | P / E | Revenue growth |
|---|---|---|---|---|---|
| DQ | DAQO NEW ENERGY CORP. | 4/9 | 15.03 | — | -35.3% |
| KLIC | KULICKE & SOFFA INDUSTRIES INC | 7/9 | 10.81 | — | -7.4% |
| HIMX | Himax Technologies, Inc. | 3/9 | — | 89.7 | -14.7% |
| AOSL | ALPHA & OMEGA SEMICONDUCTOR Ltd | 4/9 | 7.1 | — | +5.9% |
| RMBS | RAMBUS INC | 5/9 | 13.71 | 53.8 | +27.1% |
| TE | T1 Energy Inc. | 4/9 | -2.54 | — | — |
| SLAB | SILICON LABORATORIES INC. | 5/9 | 11.34 | — | +34.3% |
About DAQO NEW ENERGY CORP.
Daqo New Energy Corp., together with its subsidiaries, manufactures and sells polysilicon to photovoltaic product manufacturers in the People's Republic of China. The company offers ready-to-use polysilicon, packaged to meet crucible stacking, pulling, and solidification. Its products are used in ingots, wafers, cells, and modules for solar power solutions. The company was formerly known as Mega Stand International Limited and changed its name to Daqo New Energy Corp. in August 2009. Daqo New Energy Corp. was founded in 2007 and is based in Shanghai, the People's Republic of China.
FAQ
Is DQ financially healthy?
DAQO NEW ENERGY CORP.'s Piotroski F-score is 4/9 (8–9 is excellent, 0–3 weak), and its Altman Z″ distress score is in the safe zone.
Does DQ pay a dividend?
No, DAQO NEW ENERGY CORP. does not currently pay a dividend.
How profitable is DQ?
In FY2025, DAQO NEW ENERGY CORP. had a net margin of -25.6% and a return on equity of -2.9%.
Is DQ overvalued or undervalued?
DAQO NEW ENERGY CORP. trades at about 12.7× trailing earnings — below its 10-year norm (10-year range 9.7×–259.0×, median 49.2×). Stocktoria reports the data, not buy/sell advice.
What is the analyst price target for DQ?
The average Wall-Street price target for DAQO NEW ENERGY CORP. is $26.77, about 83.3% above the recent price, from 7 analysts.
Is DQ a good stock to buy?
Stocktoria doesn't give buy or sell advice, but here is the data on DAQO NEW ENERGY CORP.: a Piotroski F-score of 4/9, an Altman Z″ in the safe zone. Weigh these quality and valuation signals against your own goals.
Computed from company filings · US · as of 2025-12-31. Facts plus Stocktoria's own computed scores — not investment advice.