Daqo New Energy Corp ADR Dossier
Outlook & Key Dates
Estimates, guidance, catalysts, and upcoming events
Analyst Estimates Learn more →
Analyst Coverage
7analysts covering
FY EPS (est.)
-$2.60next fiscal year
Monitoring Framework
Key Performance Indicators
Polysilicon Average Selling Price (ASP) Quarterly6.0Target: 40-45 RMB/kg (approx. $5.70-$6.40/kg) or higher upon government price law enforcement
Polysilicon Production Volume Quarterly43.4KTarget: 140,000 - 170,000 MT for Full Year 2026
Polysilicon Sales Volume Quarterly4.5KTarget: Align with production as market prices stabilize above cash costs
Polysilicon Average Total Production Cost Quarterly6.0Target: Maintain or reduce below $5.80/kg through efficiency gains
Watch Items
- Chinese Government Anti-Below-Cost-Selling RegulationsTrigger: Enforcement actions or minimum price guidelines expected around mid-2026Action: Adjust capacity utilization and sales strategy; if enforcement fails, lower utilization further and begin selling at market clearing prices.
- AI Data Center Energy Solutions DiversificationTrigger: Phase 1 capital expenditure of RMB 2.1 billion out of RMB 6 billion total planned investmentAction: Monitor execution risk, capital allocation, and customer adoption of next-generation energy storage and smart energy systems.
- Polysilicon Industry Inventory LevelsTrigger: Total industry inventory approaching or exceeding 600,000 metric tonsAction: Assess industry-wide capacity rationalization and potential production cuts to balance supply and demand.
Research as of 20 Jun 2026