DAQO NEW ENERGY CORP. Financial Summary

Complete Filing Data

DAQO NEW ENERGY CORP. reported Stockholders Equity Including Portion Attributable To Noncontrolling Interest of $5.86 billion for FY2024.

All values from 10-K, 20-F, and 10-Q filings on SEC EDGAR, organized by financial statement. Scroll each table horizontally for the full history. Blank cells mean DAQO NEW ENERGY CORP. did not report that metric for that period in XBRL — often because accounting standards changed which tag a company files under (for example, most companies moved revenue to the ASC-606 tag in 2018), so a metric may continue in a different row. Rows marked * merge those successor tags into one continuous series, preferring the audited value from the newest-standard tag where periods overlap.

Income Statement

Annual (10-K / 20-F)

Metric \ Fiscal YearFY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016FY2015FY2014FY2013FY2012FY2011
Net Income *-$345.2M$429.5M$1.82B$748.9M$129.2M$29.5M$38.1M$92.8M$43.5M$13.0M$16.6M-$70.9M-$111.9M$33.3M
Cost of Revenue *$1.24B$1.39B$1.20B$581.6M$441.6M$269.9M$203.5M$179.2M$118.4M$144.5M$139.3M$135.1M$124.3M$144.9M
Revenue *$1.03B$2.31B$4.61B$1.68B$675.6M$350.0M$301.6M$323.2M$196.2M$182.0M$182.6M$109.0M$86.9M$232.2M
Selling General And Administrative Expense$143.1M$213.2M$354.1M$39.9M$39.5M$32.5M$27.1M$16.0M$15.1M$12.6M$10.3M$18.1M$12.9M$13.1M
Research And Development Expense$4.6M$10.1M$10.0M$6.5M$6.9M$5.7M$2.7M$676.3K$3.9M$923.7K$1.5M$3.4M$4.1M$744.3K
Operating Income Loss-$564.1M$783.4M$3.04B$1.05B$187.9M$47.5M$81.2M$130.8M$61.1M$26.2M$32.0M-$200.6M-$88.5M$50.8M
Operating Expenses$351.2M$137.2M$367.3M$45.8M$46.1M$32.6M$16.9M$13.2M$16.7M$11.3M$11.2M$174.5M$51.1M$36.5M
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest-$518.1M$818.5M$3.06B$1.03B$162.1M$37.9M$73.5M$115.0M$48.6M$14.2M$16.6M-$219.8M-$103.0M$43.5M
Gross Profit-$212.9M$920.7M$3.41B$1.10B$234.0M$80.1M$98.1M$144.0M$77.8M$37.5M$43.3M-$26.1M-$37.4M$87.2M
Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest-$611.1M$489.3M$2.15B$919.9M$182.2M$22.8M$12.4M$115.8M$26.3M$1.8M$13.0M-$215.5M-$111.8M$53.4M
Comprehensive Income Net Of Tax-$464.0M$310.0M$1.57B$794.1M$175.4M$22.8M$11.9M$114.7M$26.0M$1.7M$13.0M-$66.8M-$109.7M$45.5M
Other Comprehensive Income Loss Net Of Tax-$163.0M-$163.6M-$325.9M$55.0M$48.4M-$6.7M-$26.4M$22.0M-$17.6M-$11.3M-$3.7M$5.5M$3.8M$18.5M
Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax-$163.0M-$163.6M-$325.9M$55.0M$48.4M-$6.7M-$26.4M$22.0M-$17.6M-$11.3M-$3.7M$5.5M$3.8M$18.5M
Net Income Loss Attributable To Noncontrolling Interest-$102.9M$223.3M$659.8M$115.9M$4.6M-$1.0K$641.0K$1.0M$430.2K$90.7K-$150.1M-$3.7M$1.6M
Income Tax Expense Benefit-$69.9M$165.6M$577.2M$170.1M$28.2M$9.6M$11.7M$17.3M$7.4M$1.1M$1.3M$10.3M$2.7M
Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest-$147.2M$179.3M$586.7M$125.8M$6.8M$1.0K$501.0K$1.2M$327.1K$61.4K-$148.8M-$2.1M$7.9M
Income Taxes Paid$102.5M$289.5M$350.6M$108.1M$12.8M$5.5M$19.5M$9.5M$3.0M$2.7M$8.1M$18.9M
Interest Expense$20.5M$25.7M$9.4M$10.8M$16.3M$12.7M$13.2M$15.7M$19.3M$15.4M$9.3M
Income Loss From Continuing Operations Per Diluted Share$4.67$1.95$0.34$0.08$0.19$0.35$0.15$0.08-$0.41-$0.63$0.22
Income Loss From Continuing Operations Per Basic Share$4.80$2.03$0.36$0.08$0.20$0.36$0.16$0.08-$0.41-$0.63$0.22

Balance Sheet

Annual (10-K / 20-F)

Metric \ Fiscal YearFY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016FY2015FY2014FY2013FY2012FY2011FY2010
Stockholders Equity *$4.36B$4.76B$4.81B$2.16B$767.1M$566.6M$525.1M$391.7M$270.1M$240.4M$206.8M$137.3M$202.1M$452.0M$396.4M
Cash And Cash Equivalents At Carrying Value$1.01B$3.04B$3.50B$723.8M$76.6M$52.7M$66.4M$60.7M$16.0M$14.5M$7.1M$7.8M$6.7M$92.7M$203.6M
Repayments Of Bank Debt$140.0M$178.8M$244.8M$198.0M$74.6M$59.8M$96.2M$98.2M$220.6M$186.5M$113.7M$103.6M$71.1M
Noncash Or Part Noncash Acquisition Fixed Assets Acquired1$6.0M$6.5M$4.1M$6.0M$198.0K$26.5M$2.2M$1.8M$3.3M$263.0K$5.7M$940.1K$5.7M$822.8K
Inventory Write Down$81.4M$4.5M$0.00$0.00$2.0M$327.0K$900.0K$0.00$62.4K$175.6K$29.9M$14.8M$14.3M
Repayments Of Related Party Debt$18.1M$47.5M$20.4M$34.8M$19.4M$48.3M$276.6M$275.1M$69.4M$75.3M
Retained Earnings Accumulated Deficit$2.98B$3.33B$2.90B$1.08B$330.1M$200.9M$171.4M$133.3M$40.4M-$3.1M-$16.0M-$32.7M$38.3M
Property Plant And Equipment Net$3.50B$3.63B$2.61B$1.56B$1.03B$995.0M$617.0M$485.5M$557.4M$544.3M$559.0M$488.5M$677.9M
Prepaid Expense And Other Assets Current$280.9M$224.6M$52.9M$41.7M$11.5M$15.3M$10.3M$6.7M$8.0M$12.2M$12.8M$23.9M$23.9M
Other Liabilities Current$10.2M$10.7M$8.4M$142.9M$49.6M$112.5M$27.2M$21.7M$51.3M$49.7M$64.6M$51.8M$45.5M
Liabilities Current$521.2M$836.4M$736.5M$550.5M$284.1M$445.1M$149.9M$216.5M$249.8M$275.4M$396.1M$299.1M$260.3M
Liabilities And Stockholders Equity$6.42B$7.43B$7.59B$3.34B$1.24B$1.20B$854.9M$748.8M$656.7M$660.9M$710.1M$610.2M$816.3M
Liabilities$560.4M$978.6M$989.5M$679.8M$440.2M$634.2M$329.8M$354.3M$385.0M$419.2M$503.4M$472.9M$475.4M
Inventory Net$149.9M$173.3M$169.5M$327.8M$42.2M$36.4M$15.4M$15.7M$12.3M$10.7M$9.6M$10.5M$15.1M
Assets Current$2.63B$3.58B$4.89B$1.74B$180.3M$174.3M$160.1M$142.4M$73.3M$88.8M$121.9M$91.1M$96.5M
Assets$6.42B$7.43B$7.59B$3.34B$1.24B$1.20B$854.9M$748.8M$656.7M$660.9M$710.1M$610.2M$816.3M
Accumulated Other Comprehensive Income Loss Net Of Tax-$413.2M-$294.0M-$176.0M$67.8M$26.3M-$19.9M-$13.2M$13.1M-$8.7M$8.8M$20.0M$23.7M$19.6M
Accrued Expenses And Other Current Liabilities$33.3M$73.1M$51.5M$40.8M$30.1M$12.2M$9.4M$10.8M$8.3M$8.6M$9.0M$7.5M$7.6M
Accounts Payable Current$26.4M$92.9M$81.9M$81.5M$19.0M$12.7M$9.2M$19.3M$18.7M$17.5M$16.8M$17.7M$12.3M
Notes And Loans Receivable Net Current$55.2M$116.4M$1.13B$365.9M$153.0K$5.6M$8.1M$20.8M$13.0M$11.1M$50.2M$15.9M$4.6M
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents$1.04B$3.05B$3.52B$724.0M$118.4M$115.3M$95.1M$72.7M$31.9M$33.6M

Cash Flow Statement

Annual (10-K / 20-F)

Metric \ Fiscal YearFY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016FY2015FY2014FY2013FY2012FY2011
Financing Cash Flow *-$47.4M-$795.4M$1.47B$736.2M-$95.5M$102.3M$86.7M-$37.4M-$30.3M$15.2M$44.3M$48.8M$27.1M$112.8M
Investing Cash Flow *-$1.48B-$1.20B-$998.4M-$781.9M-$118.5M-$261.8M-$164.7M-$67.9M-$68.1M-$74.1M-$90.6M-$30.7M-$102.9M-$274.1M
Operating Cash Flow *-$435.4M$1.62B$2.46B$639.0M$209.7M$181.0M$95.6M$142.7M$98.7M$66.4M$45.6M-$16.5M-$10.3M$44.9M
Share Based Compensation$71.8M$141.9M$307.4M$10.1M$17.9M$17.9M$13.8M$4.2M$2.7M$3.7M$1.8M$1.9M$2.2M$2.2M
Payments To Acquire Property Plant And Equipment$358.8M$1.11B$1.21B$498.5M$118.3M$279.0M$143.1M$64.1M$66.5M$81.4M$77.0M$32.5M$105.7M$252.7M
Increase Decrease In Prepaid Expenses Noncurrent-$3.3M-$2.4M-$1.2M-$821.0K-$693.0K-$582.0K-$586.0K-$572.7K-$517.4K-$595.7K-$623.4K-$264.5K$841.2K$26.7M
Increase Decrease In Prepaid Deferred Expense And Other Assets$81.5M$136.2M$14.9M$31.6M-$6.7M$5.2M$4.7M-$496.5K-$2.9M-$30.5K-$10.2M-$29.6K$15.0M$5.7M
Increase Decrease In Inventories$62.6M$13.1M-$138.3M$280.2M$5.1M$21.6M$641.0K$7.9M$1.6M$1.6M-$484.6K$25.3M$6.7M$26.6M
Increase Decrease In Advance Payments-$3.6M$13.5M-$2.3M-$4.8M$6.0M-$1.8M$1.9M$62.4K$735.1K-$264.4K$513.4K$122.8K-$2.1M-$2.3M
Increase Decrease In Accrued Liabilities And Other Operating Liabilities-$38.3M$24.9M$14.2M$9.7M$16.1M$2.9M-$916.0K$4.6M$805.7K$59.0K$1.7M$468.9K-$150.0K-$10.9M
Proceeds From Bank Debt$140.0M$178.8M$48.8M$98.6M$178.2M$56.0M$65.3M$91.9M$237.0M$176.1M$74.6M$129.6M$186.6M
Increase Decrease In Other Deferred Liability-$538.0K-$547.0K-$1.0M-$562.0K-$497.0K-$171.0K-$605.0K-$591.5K-$588.3K-$124.8K$266.1K$482.6K$619.0K$25.1M
Increase Decrease In Notes Receivable Current-$58.9M-$987.5M$816.2M$360.3M-$5.6M-$2.4M-$12.0M$10.2M$3.9M-$36.9M$34.7M$11.5M$2.6M$1.9M
Increase Decrease In Due To Related Parties Current$137.0K-$50.0K-$124.0K$25.0K-$38.0K$103.0K$9.0K$1.0K-$11.2M$2.2M-$453.1K-$416.0K$14.0M$2.0M
Increase Decrease In Accrued Income Taxes Payable-$88.1M-$126.1M$160.1M$47.5M$16.6M-$605.0K-$7.3M$7.3M$4.4M$940.7K-$160.5K-$8.1M$1.4M
Increase Decrease In Due From Related Parties Current-$60.0K$88.0K$4.0K-$118.0K$94.0K-$82.00-$212.00$5.9K-$5.5M-$2.2M$6.9M-$8.4M$7.4M
Proceeds From Stock Options Exercised$57.0K$4.0K$995.0K$2.1M$580.0K$791.0K$687.0K$2.2M$1.1M$275.8K$37.1K$135.2K
Proceeds From Related Party Debt$13.2M$22.9M$20.4M$34.8M$19.4M$56.9M$246.0M$275.1M$157.3M$1.6M$75.3M
Increase Decrease In Accounts Receivable-$13.0K-$1.2M$540.0K-$1.2M-$13.8M$10.4M-$4.8M-$12.4M$10.3M$6.0M
Effect Of Exchange Rate On Cash And Cash Equivalents$12.2M$7.4M-$1.3M$4.9M$3.3M-$2.0M-$114.4K-$65.1K-$452.7K$67.8K$5.6M
Increase Decrease In Notes Payable Current-$26.1M-$54.3M$78.4M-$14.2M$199.6K$7.9M-$14.7M$32.0M-$19.8M$16.8M$4.6M
Increase Decrease In Deferred Income Taxes$92.0M$70.1M-$65.1M-$13.0M$1.8M-$4.7M$152.0K$85.3K-$1.4M-$11.6M$21.7M

Per-Share & Share Counts

Annual (10-K / 20-F)

Metric \ Fiscal YearFY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016FY2015FY2014FY2013FY2012FY2011
Weighted Average Number Of Shares Outstanding Basic330.8M373.6M379.4M369.3M355.1M339.6M311.7M265.1M261.7M258.0M206.3M173.1M175.1M175.7M
Weighted Average Number Of Diluted Shares Outstanding330.8M374.8M386.5M383.8M375.0M350.0M325.5M272.9M264.8M261.4M211.4M173.1M175.1M175.7M
Earnings Per Share Diluted$-1.04$1.15$4.67$1.95$0.34$0.08$0.12$0.34$0.16$0.05$0.08$-0.41$-0.64$0.19
Earnings Per Share Basic$-1.04$1.15$4.80$2.03$0.36$0.09$0.12$0.35$0.17$0.05$0.08$-0.41$-0.64$0.19
Common Stock Shares Outstanding333.8M328.5M391.0M372.5M365.2M347.4M332.0M270.9M263.0M260.8M223.6M173.4M172.9M
Common Stock Shares Issued421.5M415.3M405.6M377.2M369.9M351.8M351.8M279.2M279.2M279.2M225.9M175.7M175.7M
Common Stock Shares Authorized500.0M500.0M500.0M500.0M500.0M500.0M500.0M500.0M500.0M500.0M500.0M500.0M500.0M
Common Stock Par Or Stated Value Per Share$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00

Other Metrics

Annual (10-K / 20-F)

Metric \ Fiscal YearFY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016FY2015FY2014FY2013FY2012FY2011
Depreciation$206.4M$148.9M$107.1M$77.4M$68.7M$47.4M$27.7M$27.8M$22.6M$31.4M$28.0M$52.3M$37.4M$35.5M
Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value$68.1M$149.8M$315.0M$10.1M$17.9M$17.9M$13.8M$4.2M$2.7M$3.7M$1.8M$1.9M$2.2M$2.2M
Foreign Currency Transaction Gain Loss Before Tax-$2.4M-$17.4M$680.0K$0.00$0.00-$186.0K$1.8M-$5.9K$6.6K$640.7K-$55.8K$11.9K-$55.8K$148.7K
Stock Issued During Period Value Stock Options Exercised$57.0K$4.0K$995.0K$28.0K$2.7M$794.0K$111.0K$2.8M$1.1M$275.8K$37.1K$135.2K
Investment Income Interest$907.0K$983.0K$1.2M$464.5K$149.3K$494.0K$324.1K$149.8K$990.1K$1.8M
Prepaid Expense Noncurrent$16.8M$0.00$40.7M$30.8M$29.6M$23.9M$24.1M$24.8M$27.1M$29.0M$30.4M$36.2M

Most recent annual filing with the SEC: April 29, 2025

Data sourced from SEC EDGAR public filings as of August 6, 2026.