DQ
Income statement / Annual
Last year (2023), Daqo New Energy Corp.'s total revenue was $2.31 B,
a decrease of 49.92% from the previous year.
In 2023, Daqo New Energy Corp.'s net income was $429.55 M.
See Daqo New Energy Corp.,s key income statements, including revenue, expenses, profit, and income.
| Period |
FY-2023
|
FY-2022
|
FY-2021
|
FY-2020
|
FY-2019
|
FY-2018
|
FY-2017
|
FY-2016
|
FY-2015
|
FY-2014
|
| Period Ended |
12/31/2023 |
12/31/2022 |
12/31/2021 |
12/31/2020 |
12/31/2019 |
12/31/2018 |
12/31/2017 |
12/31/2016 |
12/31/2015 |
12/31/2014 |
| Operating Revenue |
$2.31 B |
$4.61 B |
$1.68 B |
$675.60 M |
$349.99 M |
$301.60 M |
$352.85 M |
$229.10 M |
$182.04 M |
$182.57 M |
| Cost of Revenue |
$1.39 B
|
$1.20 B
|
$581.59 M
|
$441.61 M
|
$269.89 M
|
$203.49 M
|
$209.38 M
|
$148.67 M
|
$144.49 M
|
$139.31 M
|
| Gross Profit |
$920.65 M
|
$3.41 B
|
$1.10 B
|
$233.99 M
|
$80.10 M
|
$98.11 M
|
$143.47 M
|
$80.43 M
|
$37.55 M
|
$43.26 M
|
| Gross Profit Ratio |
0.4
|
0.74
|
0.65
|
0.35
|
0.23
|
0.33
|
0.41
|
0.35
|
0.21
|
0.24
|
| Research and Development Expenses |
$10.12 M
|
$10.04 M
|
$6.50 M
|
$6.86 M
|
$5.26 M
|
$2.74 M
|
$881,000.00
|
$4.00 M
|
$924,000.00
|
$1.49 M
|
| General & Administrative Expenses |
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$27.08 M
|
$17.66 M
|
$16.10 M
|
$12.60 M
|
$10.29 M
|
| Selling & Marketing Expenses |
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$331.00
|
-$471.00
|
-$57.00
|
$176.00
|
$149.00
|
| Selling, General & Administrative Expenses |
$213.24 M
|
$354.07 M
|
$39.90 M
|
$39.47 M
|
$32.91 M
|
$27.08 M
|
$17.66 M
|
$16.10 M
|
$12.60 M
|
$10.29 M
|
| Other Expenses |
-$86.14 M
|
$3.18 M
|
-$609,000.00
|
-$191,000.00
|
-$5.55 M
|
-$13.18 M
|
-$6.77 M
|
-$5.33 M
|
-$3.82 M
|
-$552,444.00
|
| Operating Expenses |
$137.22 M
|
$367.30 M
|
$45.79 M
|
$46.14 M
|
$32.62 M
|
$16.64 M
|
$11.78 M
|
$14.78 M
|
$9.70 M
|
$11.23 M
|
| Cost And Expenses |
$1.52 B
|
$1.57 B
|
$627.38 M
|
$487.75 M
|
$302.51 M
|
$220.12 M
|
$221.15 M
|
$163.45 M
|
$154.19 M
|
$150.54 M
|
| Interest Income |
$52.30 M
|
$14.47 M
|
$16.47 M
|
$907,000.00
|
$983,000.00
|
$1.24 M
|
$487,000.00
|
$408,000.00
|
$494,000.00
|
$324,000.00
|
| Interest Expense |
$0.00
|
$14.47 M
|
$20.48 M
|
$26.63 M
|
$10.40 M
|
$10.76 M
|
$18.01 M
|
$14.57 M
|
$13.17 M
|
$15.65 M
|
| Depreciation & Amortization |
$148.89 M
|
$107.10 M
|
$77.37 M
|
$68.69 M
|
$47.42 M
|
$22.62 M
|
$27.58 M
|
$33.80 M
|
$31.36 M
|
$28.01 M
|
| EBITDA |
$932.32 M |
$3.15 B |
$1.13 B |
$188.76 M |
$95.70 M |
$107.17 M |
$156.13 M |
$86.36 M |
$59.31 M |
$60.84 M |
| EBITDA Ratio |
0.4
|
0.66
|
0.63
|
0.28
|
0.27
|
0.37
|
0.48
|
0.44
|
0.33
|
0.33
|
| Operating Income Ratio |
0.34
|
0.66
|
0.63
|
0.18
|
0.14
|
0.27
|
0.36
|
0.29
|
0.14
|
0.18
|
| Total Other Income/Expenses Net |
$35.04 M
|
$16.26 M
|
-$16.47 M
|
$161.94 M
|
-$9.60 M
|
-$7.69 M
|
-$15.80 M
|
-$12.56 M
|
-$12.04 M
|
-$15.39 M
|
| Income Before Tax |
$818.47 M
|
$3.06 B
|
$1.03 B
|
$162.13 M
|
$37.89 M
|
$73.79 M
|
$111.19 M
|
$51.28 M
|
$14.19 M
|
$16.65 M
|
| Income Before Tax Ratio |
0.35
|
0.66
|
0.62
|
0.24
|
0.11
|
0.24
|
0.32
|
0.22
|
0.08
|
0.09
|
| Income Tax Expense |
$165.59 M
|
$537.11 M
|
$162.81 M
|
$28.18 M
|
$9.62 M
|
$11.72 M
|
$17.33 M
|
$7.36 M
|
$1.14 M
|
$15.65 M
|
| Net Income |
$429.55 M
|
$1.82 B
|
$748.92 M
|
$129.20 M
|
$29.53 M
|
$38.13 M
|
$92.84 M
|
$43.49 M
|
$12.96 M
|
$16.65 M
|
| Net Income Ratio |
0.19
|
0.39
|
0.45
|
0.19
|
0.08
|
0.13
|
0.26
|
0.19
|
0.07
|
0.09
|
| EPS |
1.15 |
4.796 |
2.028 |
0.364 |
0.086 |
0.122 |
0.35 |
0.166 |
0.05 |
0.08 |
| EPS Diluted |
1.146 |
4.708 |
1.952 |
0.344 |
0.084 |
0.118 |
0.34 |
0.164 |
0.05 |
0.078 |
| Weighted Average Shares Out |
$373.59 M
|
$379.37 M
|
$369.34 M
|
$355.09 M
|
$339.57 M
|
$311.72 M
|
$265.07 M
|
$261.74 M
|
$258.02 M
|
$206.35 M
|
| Weighted Average Shares Out Diluted |
$374.82 M
|
$386.46 M
|
$383.77 M
|
$375.02 M
|
$349.96 M
|
$325.51 M
|
$272.93 M
|
$264.82 M
|
$261.41 M
|
$211.35 M
|
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