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$Daqo New Energy (DQ.US)$In the March 2022 analysis, it was ...

$Daqo New Energy (DQ.US)$In the March 2022 analysis, it was selected due to the large number of discounts on the relative growth rate of the valuation, and the stock price has dropped sharply by 50.6% so far.
A review analysis of the Q1 quarterly report in June 2022 found that 1.28 billion revenue raised doubts about 1.11 billion accounts receivable. The profit was closed at 30% and fell back to 0.12 billion in 2023. This should be a normal phenomenon where revenue grew too fast in that year, but too low receivables in 2023 may indicate the end of high growth.
Revenue shrank by 49.9% in 2023, operating profit shrank by 74%, and net profit shrank by 74%.
Currently, the price-earnings ratio is 4.1, and the valuation doesn't seem high, but there is currently no data on revenue recovery growth. Let's take a look at it for the time being.
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