DAQO NEW ENERGY CORP.
Business
DAQO NEW ENERGY CORP. is a leading manufacturer of high‑purity polysilicon for the photovoltaic industry, producing large-scale silicon feedstock using a modified Siemens chemical vapor deposition process. It sells ready‑to‑use high‑purity polysilicon packaged for crucible stacking, pulling and solidification, including high‑quality N‑type and mono‑wafer grade products. The company operates production and related subsidiaries focused on polysilicon manufacturing and upstream wafer activities, with research, development and recycling affiliates supporting operations. It primarily supplies China‑based photovoltaic product manufacturers through framework contracts and sales orders.
Summary from filing dated 2025-04-29
Financials
Latest annual snapshot (FY2025, period end 2025-12-31). Full statement history unavailable for this entity.
| Revenue | $665.41M |
| Net income | $-170.51M |
| Total assets | $6.45B |
| Total liabilities | $533.01M |
| Stockholders' equity | $4.41B |
| Operating cash flow | $49.67M |