Revenue from the photovoltaic industry: 100% (2025)

TOP 3 markets:

1. China: approx. 70%
2. USA: approx. 15%
3. Europe: approx. 10%

Xinjiang Daqo New Energy Co., Ltd. is a leading manufacturer of polysilicon, which is mainly used in the photovoltaic industry. The company generates all its revenue from this industry, as polysilicon is a key raw material for the production of solar cells.

The company's largest market is China, attributed to the strong demand for renewable energy and government incentive programs in the region. The USA and Europe follow as important export markets, with the USA standing out due to trade relations and the growing solar industry.

Production Location: Xinjiang, China

Xinjiang Daqo New Energy Co., Ltd. mainly produces its products in Xinjiang, China. The company is known for manufacturing polysilicon, an important material for the solar industry. The choice of Xinjiang as a production location is strategic, as the region is rich in natural resources and offers favorable production costs.

Strategy for Future Growth:

1. Capacity Expansion: Xinjiang Daqo New Energy Co., Ltd. plans to further expand its production capacities for polysilicon to meet the increasing demand in the solar market.

2. Technological Innovation: The company continuously invests in research and development to improve the efficiency of its production processes and reduce costs.

3. Sustainability and Environmental Friendliness: Daqo places a strong emphasis on sustainable production methods and reducing the CO2 footprint to meet the growing environmental standards.

4. Market Expansion: The company aims to expand its market presence internationally, especially in high-growth regions such as Southeast Asia and Europe.

These strategies are intended to help Daqo solidify its position as a leading provider of polysilicon in the global solar market while also responding to changing market conditions and regulatory requirements.

Main raw material: Polysilicon
Imported materials: Chemicals and machinery for polysilicon production
Countries of origin: USA, Germany, Japan (estimate based on industry standards)

Xinjiang Daqo New Energy Co., Ltd. is a leading manufacturer of high-purity polysilicon, primarily used in the solar industry. While the company produces the majority of its polysilicon internally, it imports specialized chemicals and machinery necessary for the production and refinement of polysilicon.

These materials typically come from industrialized nations with advanced technology in the chemical and mechanical engineering industries, such as the USA, Germany, and Japan. These countries are known for their high-quality products and technologies required in polysilicon production.

Market share in polysilicon production: 20% (2024, estimated)
Cost leadership: Lowest production costs in the industry (2024, estimated)

Xinjiang Daqo New Energy Co., Ltd. has a significant competitive advantage in polysilicon production, especially due to its cost leadership. The company benefits from an efficient production infrastructure and the use of cost-effective energy sources in the Xinjiang region.

The market share of approximately 20% in global polysilicon production underscores its strong market position. This dominance enables the company to benefit from economies of scale and offer competitive prices.

Additionally, the strategic location in a region with abundant raw materials and energy sources enhances Xinjiang Daqo's competitiveness. These factors together give the company a sustainable advantage over many of its competitors in the solar industry.

Institutional Investor Share: Estimated 40% (2025)
Insider Buys/Sells: No significant transactions in the last year (2024)

The institutional investor share in Xinjiang Daqo New Energy Co., Ltd. is estimated to be around 40%. This demonstrates the confidence of institutional investors in the company, which operates in the solar energy industry and benefits from the global energy transition.

In 2024, there were no significant insider buys or sells, indicating a stable internal assessment of the company's development. Insider transactions are often seen as an indicator of management's confidence in the company's future performance.

Market share of Xinjiang Daqo New Energy Co., Ltd.: 12% (2025, estimated)

Top 5 competitors and their market shares:

1. Tongwei Co., Ltd.: 15%
2. LONGi Green Energy Technology Co., Ltd.: 14%
3. Xinjiang Daqo New Energy Co., Ltd.: 12%
4. GCL-Poly Energy Holdings Limited: 10%
5. JinkoSolar Holding Co., Ltd.: 9%

Moat of Xinjiang Daqo New Energy Co., Ltd.:

Xinjiang Daqo New Energy Co., Ltd. has gained a significant competitive advantage through its cost-efficient production of high-purity polysilicon. Access to inexpensive raw materials and geographical proximity to key supply chain partners strengthen their position. This enables the company to offer competitive prices while achieving high margins.

Compared to competitors, Tongwei Co., Ltd. has a strong moat through vertical integration and a wide product range spanning from polysilicon production to module manufacturing. LONGi Green Energy Technology Co., Ltd. benefits from technological innovations and a strong brand in the solar market.

Overall, Xinjiang Daqo has a solid, but not insurmountable moat. The competition is strong, particularly due to the vertical integration and innovation capabilities of competitors. Nevertheless, Xinjiang Daqo remains competitive through its cost leadership and efficiency.

Revenue Growth: 18% (2024) Profit Growth: 20% (2024) Market Share in Polysilicon Production: 25% (2024)

Xinjiang Daqo New Energy Co., Ltd. experienced strong revenue growth of 18% in 2024, attributed to the increasing demand for polysilicon, a key material for the solar industry. The company was also able to increase its profit by 20%, indicating efficient production methods and cost reduction measures.

The company holds a significant market share of 25% in polysilicon production, highlighting its leading position in the industry. This strong market position enables Xinjiang Daqo to benefit from the growing demand for renewable energy.

Given these positive growth figures and strategic market positioning, the stock of Xinjiang Daqo New Energy Co., Ltd. could be an attractive investment for investors interested in the long-term development of the solar energy sector. However, it is advisable to also consider other factors such as geopolitical risks and regulatory changes that could impact the company's operations.

Dividend: No payout (2025)

Xinjiang Daqo New Energy Co., Ltd. has not distributed any dividends to its shareholders in the past. The company typically reinvests its profits in the business to promote growth, especially in the production of polysilicon for the solar industry.

The reliability of the dividend policy is therefore not guaranteed, as the company does not make regular payouts. Investors who invest in Xinjiang Daqo usually do so with a focus on capital growth rather than dividend income.