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Showing content with the highest reputation on 03/13/2019 in all areas

  1. 1 point
    Well the transcript is out and Philip Shen got us the answers to our questions. The extra revenue was from Chonqing inventory sell-off of non-poly crap like ingots and poly-blocks. They seemed to have sold off everything so 2019 will be clean. And the subsidies are basically tax returns which will continue to varying degrees over the next years always in Q4. They also give some good info on production mix and prices which will help to pinpoint EPS over the next quarters I think: https://seekingalpha.com/article/4248446-daqo-new-energy-corp-dq-ceo-longgen-zhang-q4-2018-results-earnings-call-transcript?part=single
  2. 1 point
    What confuses me is they had added an additional revenue of around $6M based on poly asp and volumes. I am not certain where this comes from? Written off wafers? This other income amounted to around $4.5M profits or 60% gross margins. This is looking at revenues and gross profits less the revenue generated from Poly sales of 7030 and their claimed costs.


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