Daqo New Energy(US:DQ) Jin Rong Jie·2025-08-25 13:48Core Viewpoint - Daqo New Energy (DQ) has experienced a significant decline in revenue and net profit, with a scheduled mid-year report expected to provide further insights into its financial performance [1][3]. Financial Performance - As of March 31, 2025, Daqo New Energy reported total revenue of $124 million, a year-over-year decrease of 70.16% [1]. - The company recorded a net loss attributable to shareholders of $71.837 million, representing a staggering year-over-year decline of 564.27% [1]. Company Overview - Daqo New Energy is a leading manufacturer of high-purity polysilicon for the solar photovoltaic industry, primarily selling products to solar cell and module manufacturers [1][2]. - The company's polysilicon production facility is located in Xinjiang, China, with an annual capacity of 70,000 tons and advanced technology that ensures high efficiency [1][2]. - Daqo New Energy is recognized as one of the lowest-cost polysilicon producers globally, leveraging advanced technology and a highly skilled research and management team [2].