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Xinjiang Daqo New Energy Co Ltd
SSE:688303

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Xinjiang Daqo New Energy Co Ltd
SSE:688303
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Price: 22.9 CNY -1.89% Market Closed
Market Cap: ¥49.1B

P/B

1.3
Current
14%
Cheaper
vs 3-y average of 1.5

Price to Book (P/B) ratio compares a company`s market value to its book value. It shows how much investors are paying for each dollar of net assets on the balance sheet.

P/B
1.3
=
Market Cap
¥50.9B
/
Total Equity
¥39.1B

Price to Book (P/B) ratio compares a company`s market value to its book value. It shows how much investors are paying for each dollar of net assets on the balance sheet.

P/B
1.3
=
Market Cap
¥50.9B
/
Total Equity
¥39.1B

Valuation Scenarios

Xinjiang Daqo New Energy Co Ltd is trading below its 3-year average

If P/B returns to its 3-Year Average (1.5), the stock would be worth ¥26.48 (16% upside from current price).

Statistics
Positive Scenarios
4/4
Maximum Downside
No Downside Scenarios
Maximum Upside
+256%
Average Upside
101%
Scenario P/B Value Implied Price Upside/Downside
Current Multiple 1.3 ¥22.9
0%
3-Year Average 1.5 ¥26.48
+16%
5-Year Average 1.7 ¥31.18
+36%
Industry Average 4.5 ¥81.64
+256%
Country Average 2.4 ¥44.62
+95%

Forward P/B
Today’s price vs future total equity

Not enough data available to calculate forward P/B

Peer Comparison

All Multiples
P/B
P/E
All Countries
Close
Market Cap P/B P/E
CN
Xinjiang Daqo New Energy Co Ltd
SSE:688303
49.1B CNY 1.3 -18.2
NL
ASML Holding NV
AEX:ASML
481.6B EUR 19.8 46.9
US
Lam Research Corp
NASDAQ:LRCX
334.9B USD 31.6 49.9
US
Applied Materials Inc
NASDAQ:AMAT
331B USD 15.2 42.2
US
KLA Corp
NASDAQ:KLAC
253.8B USD 46.4 55.7
US
Brooks Automation Inc
LSE:0HQ1
224.1B USD 130.7 -3 874
JP
Advantest Corp
TSE:6857
22.9T JPY 33.9 79.3
JP
Tokyo Electron Ltd
TSE:8035
21.6T JPY 10.8 42.9
US
Teradyne Inc
NASDAQ:TER
65.3B USD 23.3 117.7
JP
Disco Corp
TSE:6146
8.2T JPY 14 60.8
CN
NAURA Technology Group Co Ltd
SZSE:002371
342.5B CNY 9.1 62
P/E Multiple
Earnings Growth PEG
CN
Xinjiang Daqo New Energy Co Ltd
SSE:688303
Average P/E: 61.9
Negative Multiple: -18.2
N/A N/A
NL
ASML Holding NV
AEX:ASML
46.9
20%
2.3
US
Lam Research Corp
NASDAQ:LRCX
49.9
24%
2.1
US
Applied Materials Inc
NASDAQ:AMAT
42.2
20%
2.1
US
KLA Corp
NASDAQ:KLAC
55.7
22%
2.5
US
B
Brooks Automation Inc
LSE:0HQ1
Negative Multiple: -3 874 N/A N/A
JP
Advantest Corp
TSE:6857
79.3
50%
1.6
JP
Tokyo Electron Ltd
TSE:8035
42.9
13%
3.3
US
Teradyne Inc
NASDAQ:TER
117.7
44%
2.7
JP
Disco Corp
TSE:6146
60.8
N/A N/A
CN
NAURA Technology Group Co Ltd
SZSE:002371
62
N/A N/A

Market Distribution

Lower than 75% of companies in China
Percentile
25th
Based on 7 605 companies
25th percentile
1.3
Low
0 — 1.5
Typical Range
1.5 — 3.9
High
3.9 —
Distribution Statistics
China
Min 0
30th Percentile 1.5
Median 2.4
70th Percentile 3.9
Max 1 172 445.9

Xinjiang Daqo New Energy Co Ltd
Glance View

Market Cap
49.1B CNY
Industry
Semiconductors

Nestled in the sprawling landscapes of China’s Xinjiang region, Xinjiang Daqo New Energy Co., Ltd. has emerged as a pivotal player in the global solar industry. Founded with the vision to harness the abundant sunlight that graces millions of rooftops worldwide, the company specializes in the production of high-purity polysilicon, a vital raw material used in manufacturing photovoltaic solar panels. Polysilicon's role in solar technology is akin to oil's role in the energy sector—it serves as a fundamental building block. Xinjiang Daqo's facilities are equipped with state-of-the-art technologies to ensure efficient production and unparalleled quality, thereby securing its place in an industry driven by precision and efficiency. In the competitive realm of renewable energy, Xinjiang Daqo differentiates itself with both its scale and operational expertise. The firm leverages advanced techniques to minimize production costs, making its polysilicon not only of superior quality but also competitively priced—an attractive proposition for solar manufacturers worldwide. By focusing on a streamlined supply chain and robust research and development, Xinjiang Daqo consistently fortifies its position within the solar value chain. The company, therefore, operates at an intriguing intersection of cutting-edge technology and sustainable practices, capitalizing on the relentless global push towards clean energy and the ever-growing demand for solar power solutions.

Intrinsic Value
4.89 CNY
Overvaluation 79%
Intrinsic Value
Price ¥22.9
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