DQ
Income statement / Annual
Last year (2024), Daqo New Energy Corp.'s total revenue was $1.03 B,
a decrease of 55.41% from the previous year.
In 2024, Daqo New Energy Corp.'s net income was -$345.22 M.
See Daqo New Energy Corp.,s key income statements, including revenue, expenses, profit, and income.
| Period |
FY-2024
|
FY-2023
|
FY-2022
|
FY-2021
|
FY-2020
|
FY-2019
|
FY-2018
|
FY-2017
|
FY-2016
|
FY-2015
|
| Period Ended |
12/31/2024 |
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 |
| Operating Revenue |
$1.03 B |
$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 |
| Cost of Revenue |
$1.24 B
|
$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
|
| Gross Profit |
-$212.93 M
|
$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
|
| Gross Profit Ratio |
-0.21
|
0.4
|
0.74
|
0.65
|
0.35
|
0.23
|
0.33
|
0.41
|
0.35
|
0.21
|
| Research and Development Expenses |
$4.56 M
|
$10.12 M
|
$10.04 M
|
$6.50 M
|
$6.86 M
|
$5.26 M
|
$2.74 M
|
$881.00 K
|
$4.00 M
|
$924.00 K
|
| General & Administrative Expenses |
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$27.08 M
|
$17.66 M
|
$16.10 M
|
$12.60 M
|
| Selling & Marketing Expenses |
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$331.00
|
-$471.00
|
-$57.00
|
$176.00
|
| Selling, General & Administrative Expenses |
$161.16 M
|
$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
|
| Other Expenses |
$185.44 M
|
-$86.14 M
|
$3.18 M
|
-$609.00 K
|
-$191.00 K
|
-$5.55 M
|
-$13.18 M
|
-$6.77 M
|
-$5.33 M
|
-$3.82 M
|
| Operating Expenses |
$351.16 M
|
$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
|
| Cost And Expenses |
$1.59 B
|
$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
|
| Interest Income |
$30.22 M
|
$52.30 M
|
$14.47 M
|
$0.00
|
$907.00 K
|
$983.00 K
|
$1.24 M
|
$464.52 K
|
$149.26 K
|
$494.00 K
|
| Interest Expense |
$0.00
|
$0.00
|
$0.00
|
$20.48 M
|
$26.63 M
|
$10.40 M
|
$10.76 M
|
$16.26 M
|
$12.72 M
|
$13.17 M
|
| Depreciation & Amortization |
$208.59 M
|
$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
|
| EBITDA |
-$179.88 M |
$932.32 M |
$3.15 B |
$1.13 B |
$256.54 M |
$94.91 M |
$107.17 M |
$156.13 M |
$86.36 M |
$59.31 M |
| EBITDA Ratio |
-0.17
|
0.4
|
0.68
|
0.67
|
0.38
|
0.27
|
0.36
|
0.44
|
0.38
|
0.33
|
| Operating Income Ratio |
-0.55
|
0.34
|
0.66
|
0.63
|
0.28
|
0.14
|
0.27
|
0.36
|
0.29
|
0.14
|
| Total Other Income/Expenses Net |
$46.03 M
|
$35.04 M
|
-$23.87 M
|
-$23.77 M
|
-$25.73 M
|
-$9.60 M
|
-$7.69 M
|
-$15.80 M
|
-$12.56 M
|
-$12.04 M
|
| Income Before Tax |
-$518.06 M
|
$818.47 M
|
$3.02 B
|
$1.03 B
|
$162.13 M
|
$37.89 M
|
$73.79 M
|
$111.19 M
|
$51.28 M
|
$14.19 M
|
| Income Before Tax Ratio |
-0.5
|
0.35
|
0.65
|
0.61
|
0.24
|
0.11
|
0.24
|
0.32
|
0.22
|
0.08
|
| Income Tax Expense |
-$69.91 M
|
$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
|
| Net Income |
-$345.22 M
|
$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
|
| Net Income Ratio |
-0.34
|
0.19
|
0.39
|
0.45
|
0.19
|
0.08
|
0.13
|
0.26
|
0.19
|
0.07
|
| EPS |
-5.2 |
5.75 |
24 |
10.15 |
1.8 |
0.43 |
0.6 |
1.75 |
0.85 |
0.25 |
| EPS Diluted |
-5.2 |
5.75 |
23.55 |
9.75 |
1.7 |
0.42 |
0.6 |
1.7 |
0.8 |
0.25 |
| Weighted Average Shares Out |
$66.13 M
|
$74.72 M
|
$75.87 M
|
$73.87 M
|
$71.02 M
|
$67.91 M
|
$62.34 M
|
$53.01 M
|
$52.35 M
|
$51.60 M
|
| Weighted Average Shares Out Diluted |
$66.16 M
|
$74.96 M
|
$77.29 M
|
$76.75 M
|
$75.00 M
|
$69.99 M
|
$65.10 M
|
$54.59 M
|
$52.96 M
|
$52.28 M
|
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