← DAQO NEW ENERGY CORP.
| Annual Trend | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Revenue | $229.1m |
$352.9m
+54.02%
|
$301.6m
-14.53%
|
$350.0m
+16.04%
|
$675.6m
+93.03%
|
$1.7b
+148.49%
|
$4.6b
+174.50%
|
$2.3b
-49.92%
|
$1.0b
-55.41%
|
$665.4m
-35.34%
|
$568.2m
-14.61%
|
|
| Cost of Revenue | $148.7m |
$209.4m
+40.83%
|
$203.5m
-2.81%
|
$269.9m
+32.63%
|
$441.6m
+63.63%
|
$581.6m
+31.70%
|
$1.2b
+106.41%
|
$1.4b
+15.55%
|
$585.3m
-57.81%
|
$378.4m
-35.34%
|
$763.9m
+101.86%
|
|
| Cost of revenues | ($148.7m) |
($209.4m)
-40.83%
|
($203.5m)
+2.81%
|
($269.9m)
-32.63%
|
($441.6m)
-63.63%
|
($581.6m)
-31.70%
|
($1.2b)
-106.41%
|
($1.4b)
-15.55%
|
($1.2b)
+10.46%
|
($803.3m)
+35.33%
|
$763.9m
+195.10%
|
|
| Gross Profit | $80.4m |
$143.5m
+78.39%
|
$98.1m
-31.62%
|
$80.1m
-18.36%
|
$234.0m
+192.11%
|
$1.1b
+368.91%
|
$3.4b
+210.60%
|
$920.6m
-72.99%
|
($212.9m)
-123.13%
|
($137.9m)
+35.26%
|
($195.7m)
-41.95%
|
|
| Interest Income (Expense), Net | — | — | — | — | ($25.7m) | ($20.5m) |
$14.5m
+170.66%
|
$52.3m
+261.38%
|
$30.2m
-42.21%
|
$9.0m
-70.13%
|
$8.9m
-1.71%
|
|
| Research and Development Expense | $4.0m | $881k | $2.7m | $5.7m | $6.9m | $6.5m | $10.0m | $10.1m | $4.6m | $2.6m | $2.9m | |
| Selling, General and Administrative Expense | $16.1m | $17.7m | $27.1m | $32.5m | $39.5m | $39.9m | $354.1m | $213.2m | $143.1m | $118.2m | $95.3m | |
| Operating Lease, Expense | — | — | — | $49k | — | $800k | $1.2m | $2.4m | $3.3m | $3.4m | — | |
| Operating Expenses | $15.0m | $14.8m | $16.6m | $32.6m | $46.1m | $45.8m | $367.3m | $137.2m | $351.2m | $132.4m | $111.3m | |
| Other Operating Income | $5.3m | $6.8m | $13.2m | $5.5m | $191k | $609k | ($3.2m) | $86.1m | ($9.8m) | $6.9m | — | |
| Operating Income (Loss) | $65.4m |
$128.7m
+96.65%
|
$81.5m
-36.70%
|
$47.5m
-41.72%
|
$187.9m
+295.61%
|
$1.1b
+459.70%
|
$3.0b
+189.19%
|
$783.4m
-74.23%
|
($564.1m)
-172.00%
|
($270.2m)
+52.09%
|
($307.0m)
-13.60%
|
|
| Interest Expense | $14.6m | $18.0m | $10.8m | $10.4m | $26.6m | $20.5m | — | — | — | — | — | |
| Interest income, net | — | — | — | — | ($25.7m) | ($20.5m) | $14.5m | $52.3m | $30.2m | $9.0m | $8.9m | |
| Investment Income, Net | — | — | — | — | — | $4.0m | $1.1m | $109k | $18.2m | $24.1m | — | |
| Foreign Currency Transaction Gain (Loss), before Tax | ($7k) | ($4k) | $1.8m | ($185k) | $0 | $0 | $680k | ($17.4m) | ($2.4m) | $31k | — | |
| Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest | $51.3m | $111.2m | $73.8m | $37.9m | $162.1m | $1.0b | $3.1b | $818.5m | ($518.1m) | ($237.1m) | ($275.4m) | |
| Current Income Tax Expense (Benefit) | $7.4m | $17.4m | $11.9m | $4.9m | $29.4m | $156.9m | $500.7m | $157.7m | $13.2m | $3.8m | ($30.4m) | |
| Income Tax Expense (Benefit) | $7.4m | $17.3m | $11.7m | $9.6m | $28.2m | $170.1m | $577.2m | $165.6m | ($69.9m) | ($21.0m) | ($30.4m) | |
| Net Income (Loss) Attributable to Parent | $43.5m |
$92.8m
+113.46%
|
$38.1m
-58.94%
|
$29.5m
-22.56%
|
$129.2m
+337.59%
|
$748.9m
+479.68%
|
$1.8b
+142.99%
|
$429.5m
-76.40%
|
($345.2m)
-180.37%
|
($170.5m)
+50.61%
|
($187.1m)
-9.70%
|
|
| Net Income (Loss) Attributable to Noncontrolling Interest | $430k | $1.0m | $641k | ($568) | $4.6m | $115.9m | $659.8m | $223.3m | ($102.9m) | ($45.6m) | ($187.1m) | |
| Income (Loss) from Continuing Operations, Per Basic Share | — | — | $0 | $0 | $0 | $2 | $5 | $1 | — | — | — | |
| Income (Loss) from Continuing Operations, Per Diluted Share | — | — | $0 | $0 | $0 | $2 | $5 | $1 | — | — | — | |
| Earnings Per Share, Basic | $0.17 | $0.35 | $0.12 | $0.09 | $0.36 | $2.03 | $4.80 | $1.15 | ($1.04) | ($0.51) | ($2.79) | |
| Earnings Per Share, Diluted | $0.16 | $0.34 | $0.12 | $0.08 | $0.34 | $1.95 | $4.67 | $1.15 | ($1.04) | ($0.51) | ($2.79) | |
| Basic-ordinary shares | $261.7m | $265.1m | $311.7m | $339.6m | $355.1m | $369.3m | $379.4m | $373.6m | $330.8m | $336.8m | — | |
| Diluted-ordinary shares | $264.8m | $272.9m | $325.5m | $350.0m | $375.0m | $383.8m | $386.5m | $374.8m | $330.8m | $336.8m | — | |
| Weighted Average Number of Shares Outstanding, Basic | 261.7m | 265.1m | 311.7m | 339.6m | 355.1m | 369.3m | 379.4m | 373.6m | 330.8m | 336.8m | 67.5m | |
| Weighted Average Number of Shares Outstanding, Diluted | 264.8m | 272.9m | 325.5m | 350.0m | 375.0m | 383.8m | 386.5m | 374.8m | 330.8m | 336.8m | 67.5m | |
| Additional Financial Items | ||||||||||||
| Equity Securities without Readily Determinable Fair Value, Impairment Loss, Annual Amount | — | — | — | — | $0 | — | — | — | — | — | — | |
| Share-based Payment Arrangement, Expensed and Capitalized, Amount | — | — | — | — | — | — | $315.0m | $149.8m | — | — | — | |
| Long-lived assets impairment | ($199k) | ($3.0m) | — | — | — | — | $0 | $0 | ($175.6m) | $0 | — | |
| Allowance for expected credit loss | — | — | — | — | — | — | — | — | $18.1m | $18.5m | — | |
| Income (expense) from operations | $65.4m | $128.7m | $81.5m | $47.5m | $187.9m | $1.1b | $3.0b | $783.4m | ($564.1m) | ($270.2m) | — | |
| Exchange (loss) gain | ($7k) | ($4k) | $1.8m | ($185k) | $0 | $0 | $680k | ($17.4m) | ($2.4m) | $31k | — | |
| Income (Loss) from Continuing Operations, Net of Tax, Attributable to Parent | — | — | $61.4m | $28.3m | $129.3m | $748.9m | $1.8b | $429.5m | ($345.2m) | ($170.5m) | — | |
| Income (Loss) from Continuing Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest | — | — | $62.1m | $28.3m | $133.9m | $864.8m | $2.5b | — | — | — | — | |
| Income (Loss) from Discontinued Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest | — | — | ($23.3m) | $1.3m | ($141k) | — | — | — | — | — | — | |
| Income (Loss) from Discontinued Operations, Net of Tax, Attributable to Parent | — | — | ($23.3m) | $1.3m | ($141k) | — | — | — | — | — | — |
Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.