DQ
Daqo New Energy Corp ADR
NYSE: DQ · TECHNOLOGY · SEMICONDUCTOR EQUIPMENT & MATERIALS
$19.35
-11.85% today
Updated 2026-04-29
Market cap
$1.31B
P/E ratio
—
P/S ratio
1.97x
EPS (TTM)
$-2.79
Dividend yield
—
52W range
$13 – $37
Volume
0.7M
Daqo New Energy Corp ADR (DQ) Financial statements
SEC filings — annual and quarterly data.
Income statement — annual
| Item | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | — | $56.37M | $111.19M | $242.69M | $255.83M | $86.86M | $109.00M | $182.57M | $182.04M | $229.10M | $352.85M | $301.60M | $349.99M | $675.60M | $1.68B | $4.61B | $2.31B | $1.03B | $665.41M |
| Revenue growth (YoY) | — | — | +97.3% | +118.3% | +5.4% | -66.0% | +25.5% | +67.5% | -0.3% | +25.9% | +54.0% | -14.5% | +16.0% | +93.0% | +148.5% | +174.5% | -49.9% | -55.4% | -35.3% |
| Cost of revenue | — | $19.39M | $69.25M | $136.48M | $169.72M | $124.29M | $135.10M | $139.31M | $144.49M | $148.67M | $209.38M | $203.49M | $269.89M | $441.61M | $581.59M | $1.20B | $1.39B | $1.24B | $803.27M |
| Gross profit | — | $36.98M | $41.94M | $106.20M | $86.11M | $-37.43M | $-26.10M | $43.26M | $37.55M | $80.43M | $143.47M | $98.11M | $80.10M | $233.99M | $1.10B | $3.41B | $920.65M | $-212.93M | $-137.85M |
| Gross margin | — | 65.6% | 37.7% | 43.8% | 33.7% | -43.1% | -23.9% | 23.7% | 20.6% | 35.1% | 40.7% | 32.5% | 22.9% | 34.6% | 65.4% | 74.0% | 39.9% | -20.7% | -20.7% |
| R&D | — | $4.87M | $2.77M | $1.39M | $744000.00 | $4.13M | $3.39M | $1.49M | $924000.00 | $4.00M | $881000.00 | $2.74M | $5.26M | $6.86M | $6.50M | $10.04M | $10.12M | $4.56M | $2.58M |
| SG&A | — | $9.85M | $12.11M | $15.69M | $15.56M | $12.93M | $18.13M | $10.29M | $12.60M | $16.10M | $17.66M | $27.08M | $32.46M | $39.47M | $39.90M | $354.07M | $213.24M | $143.09M | $137.52M |
| Operating income | $-47542.00 | $27.21M | $36.42M | $92.51M | $43.41M | $-88.52M | $-200.63M | $32.03M | $26.22M | $65.45M | $128.71M | $81.48M | $47.48M | $187.85M | $1.05B | $3.04B | $783.43M | $-564.09M | $-270.24M |
| Operating margin | — | 48.3% | 32.8% | 38.1% | 17.0% | -101.9% | -184.1% | 17.5% | 14.4% | 28.6% | 36.5% | 27.0% | 13.6% | 27.8% | 62.6% | 66.0% | 33.9% | -54.8% | -40.6% |
| EBITDA | $-47542.00 | $35.21M | $52.86M | $126.34M | $88.23M | $-50.14M | $-148.23M | $60.84M | $59.31M | $86.36M | $156.13M | $107.17M | $94.91M | $256.54M | $939.51M | $3.15B | $932.32M | $-179.88M | $-30.11M |
| EBITDA margin | — | 62.5% | 47.5% | 52.1% | 34.5% | -57.7% | -136.0% | 33.3% | 32.6% | 37.7% | 44.2% | 35.5% | 27.1% | 38.0% | 56.0% | 68.3% | 40.4% | -17.5% | -4.5% |
| EBIT | $-47542.00 | $27.40M | $36.78M | $95.59M | $52.75M | $-87.51M | $-200.48M | $32.83M | $27.95M | $52.55M | $128.55M | $84.55M | $47.48M | $187.85M | $1.05B | $3.04B | $783.43M | $-388.47M | $-270.24M |
| Interest expense | $0.00 | $3.87M | $6.46M | $9.88M | $9.66M | $15.41M | $19.35M | $15.65M | $13.17M | $12.72M | $16.26M | $10.76M | $10.40M | $26.63M | $20.48M | $14.47M | — | — | — |
| Income tax | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Effective tax rate | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
| Net income | $-47542.00 | $21.53M | $30.84M | $68.57M | $33.32M | $-111.93M | $-70.94M | $16.65M | $12.96M | $43.49M | $92.84M | $38.13M | $29.52M | $129.19M | $756.22M | $1.82B | $429.55M | $-345.21M | $-170.51M |
| Net income growth (YoY) | — | +45375.8% | +43.3% | +122.4% | -51.4% | -435.9% | +36.6% | +123.5% | -22.2% | +235.7% | +113.5% | -58.9% | -22.6% | +337.6% | +485.3% | +140.6% | -76.4% | -180.4% | +50.6% |
| Profit margin | — | 38.2% | 27.7% | 28.3% | 13.0% | -128.9% | -65.1% | 9.1% | 7.1% | 19.0% | 26.3% | 12.6% | 8.4% | 19.1% | 45.0% | 39.5% | 18.6% | -33.5% | -25.6% |