MARKETS / NYSE / DQ
NYSE · SEMICONDUCTORS & RELATED DEVICES · LARGE CAP

Daqo NEW Energy Corp. DQ

17 fiscal years on record · USD · FY2025 reported
SEC FILINGS ONLY
Revenue · FY2025
$665.4M
▼ 35.3% vs FY2024
EPS · FY25
$-0.51
Dividend / sh · FY25
Payout · FY25
ROE · FY25
-3.9%
Net margin · FY25
-25.6%
Dividend coverage
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Result
USD 665.4M
Revenue, FY2025 · full 17-year series below
Revenue Net income
2460.7-0.22009201220152018202120242025
2460.7-0.22016201920222025

The company lost 26 cents on every revenue dollar this year.

Per share
USD -0.51
Diluted EPS, FY2025
EPS
246-0.512009201220152018202120242025
246-0.512016201920222025

The company pays no cash dividend.

Profitability
-3.9%
Return on equity, FY2025
ROE
204060-3.9%2009201220152018202120242025
204060-3.9%2016201920222025
Operating margin-40.6%
Net margin-25.6%
Return on assets-2.7%

Each USD of equity lost 4 cents this year.

Returned to shareholders
returned in FY2025 · dividends + net buybacks
Dividends paid
Net buybacks
Share of profit
Consecutive raises

Growth
−0.3% a year
revenue, compounded over five years
CAGR
3 yrs
5 yrs
10 yrs
15 yrs
Revenue
−47.5%
−0.3%
+13.8%
+6.7%

Compound annual rates per period — left blank where the series crosses a loss.

Share base
0.34B
Shares outstanding, FY2025
0.180.342009201220152018202120242025
0.260.342016201920222025
Change, 5 years−7.4%
Change, 10 years+29.7%

The share count shrank 7% in five years — the same company, cut into fewer, larger slices.

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Balance sheet
USD 6.4B
total assets, end of FY2025
Total assetsUSD 6.4B
EquityUSD 4.4B
CashUSD 856.1M
Current ratio5.37×

Equity funds 68% of total assets.

History
17 fiscal years
Every figure from documents filed with the SEC · USD
Metric
2025
2024
2023
2022
2021
2020
2019
2018
2017
2016
2015
2014
2013
2012
2011
2010
2009
Revenue $B
0.7
1.0
2.3
4.6
1.7
0.7
0.3
0.3
0.3
0.2
0.2
0.2
0.1
0.1
0.2
0.3
0.1
Operating income $B
−0.3
−0.6
0.8
3.0
1.1
0.2
0.0
0.1
0.1
0.1
0.0
0.0
−0.2
−0.1
0.1
0.1
0.0
EBITDA $B
−0.0
−0.4
0.9
3.1
1.1
0.3
0.1
0.1
0.2
0.1
0.1
0.1
−0.1
−0.1
0.1
0.1
0.1
Income tax $B
−0.0
−0.1
0.2
0.6
0.2
0.0
0.0
0.0
0.0
0.0
0.0
·
0.0
0.0
0.0
0.0
0.0
Net income $B
−0.2
−0.3
0.4
1.8
0.7
0.1
0.0
0.0
0.1
0.0
0.0
0.0
−0.1
−0.1
0.0
0.1
0.0
EPS, diluted $
−0.51
−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
0.46
0.29
Dividend / sh $
·
·
·
·
·
·
·
·
·
·
·
·
·
·
·
·
·
Payout %
·
·
·
·
·
·
·
·
·
·
·
·
·
·
·
·
·
ROE %
−3.9
−7.6
9.0
52.2
51.1
19.4
5.4
8.3
28.1
17.0
5.8
9.7
−41.8
−43.6
11.6
26.0
·
Shares out B
0.34
0.33
0.33
0.39
0.37
0.37
0.35
0.33
0.27
0.26
0.26
0.22
0.17
0.17
0.18
0.18
·

Slide the table for earlier years · "·" marks figures not disclosed in the filing for that year.

How we verifyAUDITED
66 of 66
checks passed before publication
EPS recomputationBalance-sheet identityGross profitBalance-sheet liquidity

Every figure was compared against the original statement: 0 failures and 0 presentation gaps.

What we don’t show

We’d rather say what’s missing than fill the gap with an estimate.

P/E rationeeds a market quote — not yet licensed
Market capitalizationneeds a market quote — not yet licensed
Dividend yieldneeds a market quote — not yet licensed
Price-to-bookneeds a market quote — not yet licensed