Daqo Net Income vs Total Revenue Analysis

DQ Stock

USD 18.80 0.41 2.13%

Daqo New financial indicator trend analysis is much more than just examining Daqo New Energy latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Daqo New Energy is a good investment. Please check the relationship between Daqo New Net Income and its Total Revenue accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Daqo New Energy. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in producer price index.

Net Income vs Total Revenue

Net Income vs Total Revenue Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Daqo New Energy Net Income account and Total Revenue. At this time, the significance of the direction appears to have almost identical trend.

The correlation between Daqo New's Net Income and Total Revenue is 0.91. Overlapping area represents the amount of variation of Net Income that can explain the historical movement of Total Revenue in the same time period over historical financial statements of Daqo New Energy, assuming nothing else is changed. The correlation between historical values of Daqo New's Net Income and Total Revenue is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Income of Daqo New Energy are associated (or correlated) with its Total Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Revenue has no effect on the direction of Net Income i.e., Daqo New's Net Income and Total Revenue go up and down completely randomly.

Correlation Coefficient

0.91

Relationship Direction	Positive
Relationship Strength	Very Strong

View All Relationships

Net Income

Net income is one of the most important fundamental items in finance. It plays a large role in Daqo New Energy financial statement analysis. It represents the amount of money remaining after all of Daqo New Energy operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.

Total Revenue

Total revenue comprises all receipts Daqo New Energy generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.

Most indicators from Daqo New's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Daqo New Energy current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Daqo New Energy. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in producer price index.

At this time, Daqo New's Selling General Administrative is relatively stable compared to the past year. As of 11/25/2024, Tax Provision is likely to grow to about 310.7 M, while Discontinued Operations is likely to drop (133.2 K).

	2021	2022	2023	2024 (projected)
Cost Of Revenue	581.6M	1.2B	1.4B	1.5B
Research Development	6.5M	10.0M	10.1M	10.6M

Cost Of Revenue Research Development

Daqo New fundamental ratios Correlations

	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Retained Earnings	Common Stock Total Equity	Common Stock Shares Outstanding	Other Stockholder Equity	Total Liab	Common Stock	Total Assets	Short Long Term Debt Total	Other Liab	Property Plant And Equipment Net	Current Deferred Revenue	Net Debt	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Long Term Debt	Cash And Short Term Investments	Net Receivables	Short Term Investments	Non Current Liabilities Total	Inventory
Other Current Liab		0.95	0.91	0.93	0.44	0.39	0.87	0.69	0.48	0.91	-0.61	0.92	0.96	0.67	-0.87	0.88	0.89	0.96	-0.2	0.7	-0.74	0.88	0.33	-0.05	-0.02	0.63
Total Current Liabilities	0.95		0.92	0.91	0.56	0.54	0.92	0.83	0.62	0.93	-0.6	0.91	0.94	0.72	-0.88	0.92	0.89	0.93	-0.22	0.63	-0.77	0.9	0.52	0.11	0.04	0.75
Total Stockholder Equity	0.91	0.92		0.99	0.52	0.47	0.99	0.73	0.6	1.0	-0.8	0.99	0.97	0.8	-0.99	0.95	0.99	0.97	-0.19	0.78	-0.84	0.99	0.63	0.06	0.09	0.75
Retained Earnings	0.93	0.91	0.99		0.48	0.41	0.97	0.69	0.54	0.99	-0.79	0.99	0.99	0.78	-0.98	0.94	0.98	0.99	-0.18	0.79	-0.82	0.99	0.55	0.0	0.08	0.71
Common Stock Total Equity	0.44	0.56	0.52	0.48		0.95	0.58	0.72	0.99	0.5	-0.32	0.44	0.5	0.39	-0.46	0.53	0.44	0.5	0.0	0.37	-0.45	0.46	0.37	0.23	-0.08	0.55
Common Stock Shares Outstanding	0.39	0.54	0.47	0.41	0.95		0.54	0.67	0.95	0.44	-0.26	0.38	0.44	0.34	-0.4	0.49	0.39	0.43	0.04	0.3	-0.43	0.41	0.4	0.26	-0.09	0.51
Other Stockholder Equity	0.87	0.92	0.99	0.97	0.58	0.54		0.76	0.66	0.99	-0.79	0.97	0.94	0.79	-0.98	0.94	0.98	0.94	-0.19	0.75	-0.84	0.98	0.7	0.11	0.11	0.77
Total Liab	0.69	0.83	0.73	0.69	0.72	0.67	0.76		0.74	0.73	-0.36	0.67	0.69	0.51	-0.7	0.72	0.7	0.68	-0.22	0.44	-0.53	0.71	0.62	0.14	0.18	0.63
Common Stock	0.48	0.62	0.6	0.54	0.99	0.95	0.66	0.74		0.57	-0.37	0.51	0.56	0.45	-0.53	0.59	0.52	0.56	-0.02	0.41	-0.5	0.53	0.46	0.25	-0.02	0.61
Total Assets	0.91	0.93	1.0	0.99	0.5	0.44	0.99	0.73	0.57		-0.79	0.99	0.97	0.79	-0.99	0.95	0.99	0.97	-0.2	0.77	-0.83	0.99	0.63	0.05	0.11	0.74
Short Long Term Debt Total	-0.61	-0.6	-0.8	-0.79	-0.32	-0.26	-0.79	-0.36	-0.37	-0.79		-0.82	-0.73	-0.87	0.81	-0.83	-0.77	-0.72	0.12	-0.59	0.91	-0.79	-0.56	-0.37	0.23	-0.78
Other Liab	0.92	0.91	0.99	0.99	0.44	0.38	0.97	0.67	0.51	0.99	-0.82		0.98	0.82	-0.98	0.95	0.98	0.98	-0.23	0.76	-0.84	0.98	0.56	0.08	0.06	0.76
Property Plant And Equipment Net	0.96	0.94	0.97	0.99	0.5	0.44	0.94	0.69	0.56	0.97	-0.73	0.98		0.78	-0.94	0.93	0.95	1.0	-0.2	0.76	-0.78	0.95	0.45	0.01	0.05	0.72
Current Deferred Revenue	0.67	0.72	0.8	0.78	0.39	0.34	0.79	0.51	0.45	0.79	-0.87	0.82	0.78		-0.76	0.89	0.73	0.77	-0.28	0.43	-0.85	0.76	0.5	0.56	-0.14	0.94
Net Debt	-0.87	-0.88	-0.99	-0.98	-0.46	-0.4	-0.98	-0.7	-0.53	-0.99	0.81	-0.98	-0.94	-0.76		-0.91	-1.0	-0.94	0.18	-0.79	0.83	-1.0	-0.68	0.0	-0.11	-0.69
Accounts Payable	0.88	0.92	0.95	0.94	0.53	0.49	0.94	0.72	0.59	0.95	-0.83	0.95	0.93	0.89	-0.91		0.9	0.93	-0.14	0.68	-0.89	0.92	0.58	0.33	-0.06	0.89
Cash	0.89	0.89	0.99	0.98	0.44	0.39	0.98	0.7	0.52	0.99	-0.77	0.98	0.95	0.73	-1.0	0.9		0.95	-0.18	0.8	-0.8	1.0	0.66	-0.05	0.14	0.66
Non Current Assets Total	0.96	0.93	0.97	0.99	0.5	0.43	0.94	0.68	0.56	0.97	-0.72	0.98	1.0	0.77	-0.94	0.93	0.95		-0.19	0.76	-0.78	0.95	0.43	0.0	0.05	0.71
Non Currrent Assets Other	-0.2	-0.22	-0.19	-0.18	0.0	0.04	-0.19	-0.22	-0.02	-0.2	0.12	-0.23	-0.2	-0.28	0.18	-0.14	-0.18	-0.19		0.17	0.11	-0.19	-0.17	-0.11	-0.25	-0.22
Other Assets	0.7	0.63	0.78	0.79	0.37	0.3	0.75	0.44	0.41	0.77	-0.59	0.76	0.76	0.43	-0.79	0.68	0.8	0.76	0.17		-0.56	0.79	0.39	-0.24	0.11	0.38
Long Term Debt	-0.74	-0.77	-0.84	-0.82	-0.45	-0.43	-0.84	-0.53	-0.5	-0.83	0.91	-0.84	-0.78	-0.85	0.83	-0.89	-0.8	-0.78	0.11	-0.56		-0.82	-0.59	-0.38	0.38	-0.82
Cash And Short Term Investments	0.88	0.9	0.99	0.99	0.46	0.41	0.98	0.71	0.53	0.99	-0.79	0.98	0.95	0.76	-1.0	0.92	1.0	0.95	-0.19	0.79	-0.82		0.67	0.01	0.13	0.7
Net Receivables	0.33	0.52	0.63	0.55	0.37	0.4	0.7	0.62	0.46	0.63	-0.56	0.56	0.45	0.5	-0.68	0.58	0.66	0.43	-0.17	0.39	-0.59	0.67		0.22	0.29	0.55
Short Term Investments	-0.05	0.11	0.06	0.0	0.23	0.26	0.11	0.14	0.25	0.05	-0.37	0.08	0.01	0.56	0.0	0.33	-0.05	0.0	-0.11	-0.24	-0.38	0.01	0.22		-0.32	0.69
Non Current Liabilities Total	-0.02	0.04	0.09	0.08	-0.08	-0.09	0.11	0.18	-0.02	0.11	0.23	0.06	0.05	-0.14	-0.11	-0.06	0.14	0.05	-0.25	0.11	0.38	0.13	0.29	-0.32		-0.12
Inventory	0.63	0.75	0.75	0.71	0.55	0.51	0.77	0.63	0.61	0.74	-0.78	0.76	0.72	0.94	-0.69	0.89	0.66	0.71	-0.22	0.38	-0.82	0.7	0.55	0.69	-0.12

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Daqo New Account Relationship Matchups

Daqo New fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Other Current Liab	169.5M	84.9M	179.0M	290.4M	504.8M	530.0M
Total Current Liabilities	445.1M	284.1M	550.5M	734.8M	836.4M	878.3M
Total Stockholder Equity	566.6M	767.1M	2.2B	4.8B	4.8B	5.0B
Retained Earnings	200.9M	330.1M	1.1B	2.9B	3.3B	3.5B
Common Stock Total Equity	27.3K	33.4K	35.0K	37K	42.6K	24.2K
Common Stock Shares Outstanding	70.0M	75.0M	76.8M	77.3M	75.0M	47.8M
Other Stockholder Equity	385.6M	410.7M	1.0B	2.1B	1.7B	1.8B
Total Liab	634.2M	440.2M	672.5M	948.2M	960.4M	510.7M
Common Stock	35K	37K	38K	40K	41K	27.6K
Total Assets	1.2B	1.2B	3.3B	7.6B	7.4B	7.8B
Short Long Term Debt Total	200.7M	381.5M	243.1M	20.7M	23.8M	22.6M
Other Liab	37.5M	32.9M	122.0M	213.4M	245.4M	257.7M
Property Plant And Equipment Net	995.2M	1.0B	1.6B	2.6B	3.6B	3.8B
Current Deferred Revenue	33.0M	37.8M	203.0M	122.0M	149.0M	156.4M
Net Debt	329.6M	166.5M	(724.0M)	(3.5B)	(3.0B)	(2.9B)
Accounts Payable	12.7M	19.0M	81.5M	81.9M	92.9M	97.5M
Cash	51.8M	76.6M	724.0M	3.5B	3.0B	3.2B
Non Current Assets Total	1.0B	1.1B	1.6B	2.7B	3.9B	4.0B
Non Currrent Assets Other	217K	153K	820K	(378K)	45.1M	42.8M
Other Assets	1.6M	153K	820K	98.6M	113.4M	119.1M
Cash And Short Term Investments	51.8M	76.6M	1.0B	3.5B	3.0B	3.2B
Net Receivables	5.7M	282K	365.9M	1.1B	116.4M	132.7M
Liabilities And Stockholders Equity	1.2B	1.2B	3.3B	7.6B	7.4B	7.8B
Non Current Liabilities Total	189.1M	156.1M	122.0M	213.4M	124.0M	172.9M
Inventory	36.4M	42.2M	327.8M	169.5M	173.3M	181.9M
Other Current Assets	15.3M	54.2M	45.3M	74.7M	239.0M	250.9M
Property Plant And Equipment Gross	995.2M	1.0B	2.0B	2.6B	4.2B	4.4B
Total Current Assets	174.3M	180.3M	1.7B	4.9B	3.6B	3.8B
Accumulated Other Comprehensive Income	(19.9M)	26.3M	67.8M	(176.0M)	(294.0M)	(279.3M)
Short Term Debt	229.9M	119.9M	142.9M	20.7M	89.8M	121.8M
Intangible Assets	29.6M	30.8M	40.7M	80.3M	150.4M	157.9M
Property Plant Equipment	995.2M	1.0B	1.6B	2.6B	3.0B	3.1B
Net Tangible Assets	537.0M	736.3M	2.1B	4.8B	5.5B	5.8B
Long Term Investments	687.1K	649.8K	642.0K	685K	616.5K	624.5K
Short Long Term Debt	67.4M	230.6M	119.8M	20.7M	18.6M	17.7M
Capital Surpluse	387.4M	412.5M	1.0B	2.2B	2.5B	2.7B

Pair Trading with Daqo New

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Daqo New position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Daqo New will appreciate offsetting losses from the drop in the long position's value.

Moving against Daqo Stock

0.71	ASYS	Amtech Systems Fiscal Year End 12th of December 2024	Pair Corr
0.68	ICG	Intchains Group	Pair Corr
0.55	BKRKY	Bank Rakyat	Pair Corr
0.49	TER	Teradyne	Pair Corr
0.45	ACLS	Axcelis Technologies	Pair Corr

The ability to find closely correlated positions to Daqo New could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Daqo New when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Daqo New - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Daqo New Energy to buy it.

The correlation of Daqo New is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Daqo New moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Daqo New Energy moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.

Correlation analysis and pair trading evaluation for Daqo New can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.

Pair Correlation Correlation Matching

Additional Tools for Daqo Stock Analysis

When running Daqo New's price analysis, check to measure Daqo New's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Daqo New is operating at the current time. Most of Daqo New's value examination focuses on studying past and present price action to predict the probability of Daqo New's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Daqo New's price. Additionally, you may evaluate how the addition of Daqo New to your portfolios can decrease your overall portfolio volatility.

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