Daqo New Energy Corp.
Income Statement

Last updated:

Income statement is a financial statement that shows how profitable a business was over a given reporting period presenting its revenue, expenses or net income. Daqo New Energy Corp.'s past years’ income statements indicate that its last revenue has decreased compared to the previous period by 50% to $2,307,695,000. Profit margin reached 19%. Total operating expenses were $137,220,000.

Profit Margin

Daqo New Energy Corp. (NYSE:DQ): Profit margin
2014 182.57M 16.64M 9.12%
2015 182.04M 12.95M 7.12%
2016 229.10M 43.49M 18.98%
2017 352.85M 92.84M 26.31%
2018 301.6M 38.12M 12.64%
2019 349.99M 29.52M 8.44%
2020 675.60M 129.19M 19.12%
2021 1.67B 748.92M 44.61%
2022 4.60B 1.81B 39.49%
2023 2.30B 429.54M 18.61%

DQ Income Statement (2014 – 2023)

2023 2022 2021 2020 2019 2018 2017 2016 2015 2014
Revenue
Revenue
2.30B4.60B1.67B675.60M349.99M301.6M352.85M229.10M182.04M182.57M
Cost of revenue
1.38B1.20B581.58M441.61M269.88M203.48M209.37M148.67M144.49M139.30M
Gross profit
920.65M3.40B1.09B233.99M80.10M98.11M143.47M80.42M37.55M43.26M
Operating exp.
Research and development
10.11M10.04M6.49M6.85M5.25M2.73M881K4.00M924K1.48M
Selling and marketing
00000331-471-57176149
Total operating expenses
137.22M367.29M45.79M46.13M32.61M16.63M11.77M14.78M9.70M11.22M
Operating income
783.43M3.04B1.05B120.07M47.48M81.47M128.71M65.44M26.22M32.03M
Other income (expenses), net
35.04M16.26M-16.47M161.93M-9.59M1.83M-15.80M-206K-12.03M-15.38M
Income before tax
818.47M3.05B1.03B162.13M37.88M73.78M111.18M51.28M14.18M16.64M
Income tax expense
165.58M537.11M162.80M28.18M9.62M11.71M17.33M7.35M1.13M15.65M
Net income
429.54M1.81B748.92M129.19M29.52M38.12M92.84M43.49M12.95M16.64M
Earnings per share
Basic EPS
5.7523.9810.141.820.430.611.750.830.250.4
Diluted EPS
5.7323.549.761.720.420.591.70.820.250.39
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