DAQO New Energy is a holding company. Through its subsidiaries, Co. is a polysilicon manufacturer based in the People's Republic of China. Co. utilizes the chemical vapor deposition process, or the modified Siemens process, to produce polysilicon. Co. manufactures and sells polysilicon to photovoltaic product manufacturers, who further process its polysilicon into ingots, wafers, cells and modules for solar power solutions. Co. provides polysilicon, packaged to meet crucible stacking, pulling, and solidification needs. We show 2 historical shares outstanding datapoints in our DQ shares outstanding history coverage, used to compute DQ market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing DQ market cap history over the course of time is important for investors
interested in comparing DQ's market cap history versus its peers.
Many "beginner" or "novice" investors will look at one stock trading at a price of $10 per share and another trading at
a price of $20 per share and think the latter company is worth twice as much. Of course, that is a completely meaningless comparison without also knowing how many shares outstanding there are for each of the two companies,
and then calculating their respective market caps. Comparing the share price of DQ versus a peer is one thing; comparing
DQ market cap versus a peer is a completely different story.
Furthermore, via fluctuation both in per-share price and in the number of shares outstanding (via issuance of new shares over time, the repurchase of existing shares),
the market cap for a company like DQ can fluctuate over the course of history.
With this page we aim to empower investors researching DQ by allowing them to research the DQ market cap history. |
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Video: The Importance of Market Cap
