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 |
5.75 |
23.98 |
10.14 |
1.82 |
0.43 |
0.61 |
1.75 |
0.83 |
0.25 |
0.4 |
| EPS Diluted |
5.73 |
23.54 |
9.76 |
1.72 |
0.42 |
0.59 |
1.7 |
0.82 |
0.25 |
0.39 |
| Weighted Average Shares
Out |
$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
|
$41.27 M
|
| Weighted Average Shares
Out Diluted |
$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
|
$42.27 M
|
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