Daqo New Energy Corp. financial data

Symbol
DQ on NYSE
Industry
Semiconductors & Related Devices
Location
666 Longdu Avenue, Wanzhou, Chongqing, China
State of incorporation
Cayman Islands
Fiscal year end
December 31
Latest financial report
Q4 2023 - Apr 29, 2024

Key Ratios

Label TTM Value / Value Unit Change %
Operating Margin 34 % -48.5%

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 329M shares -16%
Common Stock, Shares, Outstanding 329M shares -16%
Weighted Average Number of Shares Outstanding, Basic 374M shares -1.52%
Weighted Average Number of Shares Outstanding, Diluted 375M shares -3.01%

Income Statement

Label TTM Value / Value Unit Change %
Revenues 2.31B USD -49.9%
Cost of Revenue 1.39B USD +15.5%
Research and Development Expense 10.1M USD +0.75%
Operating Income (Loss) 783M USD -74.2%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest 818M USD -73.2%
Income Tax Expense (Benefit) 166M USD -71.3%
Net Income (Loss) Attributable to Parent 430M USD -76.4%
Earnings Per Share, Basic 1.15 USD/shares -76%
Earnings Per Share, Diluted 1.15 USD/shares -75.4%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 3.04B USD -13.2%
Accounts Receivable, after Allowance for Credit Loss, Current 0 USD
Inventory, Net 173M USD +2.22%
Assets, Current 3.58B USD -26.8%
Deferred Income Tax Assets, Net 3.42M USD +89.2%
Property, Plant and Equipment, Net 3.63B USD +39.2%
Other Assets, Noncurrent 28.3M USD +3746%
Assets 7.43B USD -2.2%
Accounts Payable, Current 92.9M USD +13.4%
Contract with Customer, Liability, Current 149M USD +22.1%
Liabilities, Current 836M USD +13.6%
Contract with Customer, Liability, Noncurrent 114M USD -25.7%
Deferred Income Tax Liabilities, Net 10.2M USD -87.4%
Liabilities 979M USD -1.1%
Accumulated Other Comprehensive Income (Loss), Net of Tax -294M USD -67%
Retained Earnings (Accumulated Deficit) 3.33B USD +14.8%
Stockholders' Equity Attributable to Parent 4.76B USD -0.95%
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest 6.45B USD -2.37%
Liabilities and Equity 7.43B USD -2.2%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities 1.62B USD -34.4%
Net Cash Provided by (Used in) Financing Activities -795M USD -154%
Net Cash Provided by (Used in) Investing Activities -1.2B USD -19.8%
Common Stock, Shares Authorized 500M shares 0%
Common Stock, Shares, Issued 415M shares +2.39%
Common Stock, Par or Stated Value Per Share 0 USD/shares 0%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect -472M USD -117%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 3.05B USD -13.4%
Interest Paid, Excluding Capitalized Interest, Operating Activities 4.72M USD -40.5%
Deferred Tax Assets, Valuation Allowance 1.24M USD +16.8%
Effective Income Tax Rate Reconciliation, at Federal Statutory Income Tax Rate, Percent 0.25 pure 0%
Deferred Tax Assets, Gross 6.62M USD +18.1%
Depreciation 149M USD +39%
Payments to Acquire Property, Plant, and Equipment 1.11B USD -7.85%
Comprehensive Income (Loss), Net of Tax, Attributable to Parent 310M USD -80.2%
Deferred Income Tax Expense (Benefit) 7.89M USD -89.7%
Deferred Tax Assets, Operating Loss Carryforwards 2.94M USD +74%
Current Income Tax Expense (Benefit) 158M USD -68.5%
Deferred Tax Assets, Net of Valuation Allowance 5.38M USD +18.5%
Share-based Payment Arrangement, Expense 150M USD -52.4%