Daqo new energy corp. (DQ)
Income statement / Yearly
Dec'17Dec'16Dec'15Dec'14Dec'13Dec'12Dec'11Dec'10Dec'09
Products [Member]
Service fees [Member]
Third parties [Member]
Related parties [Member]
Revenues
Revenues

352,852

229,101

182,040

182,571

108,999

86,858

232,169

252,814

111,193

Cost of revenues
Sales to third parties

-

-

-

-

-

-

224,781

252,814

-

Sales to related parties

-

-

-

-

-

-

7,387

0

-

Service fee

-

-

-

-

-

-

0

0

-

Sales to third parties

-

-

-

-

-

-

138,037

144,651

-

Sales to related parties

-

-

-

-

-

-

6,908

0

-

Total cost of revenues

209,379

148,672

144,491

139,308

135,103

124,290

144,946

144,651

69,251

Gross profit

143,472

80,428

37,549

43,263

-26,103

-37,431

87,223

108,163

41,941

Operating (expenses) income:
Selling, general and administrative expenses

17,664

16,104

12,603

10,293

18,132

12,930

13,088

15,228

9,335

Research and development expenses

880

4,001

923

1,486

3,391

4,130

744

1,385

2,774

Other operating income, net

6,769

5,325

3,824

552

5,420

8,729

12,029

4,084

6,592

Long-lived assets impairment

2,987

198

1,622

0

158,424

42,754

34,667

0

-

Total operating expenses

14,763

14,978

11,325

11,228

174,527

51,085

36,471

12,529

5,518

Income from operations

128,709

65,449

26,224

32,034

-200,631

-88,517

50,752

95,633

36,423

Interest expense

18,005

14,568

13,173

15,654

19,349

15,408

9,258

9,849

6,461

Interest income

487

407

493

324

149

990

1,846

539

214

Exchange (loss) gain

-3

-7

640

-55

11

-55

148

-579

-

Income before income taxes

111,187

51,282

14,185

16,649

-219,818

-102,991

43,489

85,744

30,176

Income tax expense

17,332

7,358

1,137

0

1,271

10,253

2,717

13,256

240

Net (loss) income from continuing operations

-

-

-

-

-

-113,245

40,771

72,487

-

Total (loss) discontinued operations

-

-

-

-

-

-2,392

-5,857

-3,339

-

Net income

93,855

43,923

13,047

16,649

-221,090

-115,637

34,914

69,147

29,936

Net income attributable to non-controlling interest

1,014

430

90

0

-150,147

-3,708

1,590

576

-898

Net income attributable to Daqo New Energy Corp. ordinary shareholders

92,841

43,493

12,956

16,649

-70,943

-111,928

33,323

68,571

30,835

NET EARNINGS PER ORDINARY SHARE
Deemed dividend on Series A convertible redeemable preferred shares

-

-

-

-

-

-

-

3,300

702

Net income (loss) attributable to Daqo New Energy Corp. ordinary shareholders

-

-

-

-

-

-

-

65,271

-

Continuing operations

-

-

-

-

-

-0.63

0.22

0.48

-

Discontinued operations

-

-

-

-

-

-0.01

-0.03

-0.02

-

Net income attributable to Daqo New Energy Corp. ordinary shareholders

-

-

-

-

-

-

-

-

30,132

Basic?ordinary shares

0.35

0.17

0.05

0.08

-0.41

-0.64

0.19

0.46

0.29

Continuing operations

-

-

-

-

-

-0.63

0.22

0.48

-

Discontinued operations

-

-

-

-

-

-0.01

-0.03

-0.02

-

Diluted?ordinary shares

0.34

0.16

0.05

0.08

-0.41

-0.64

0.19

0.46

0.29

ORDINARY SHARES USED IN CALCULATING EARNINGS PER ORDINARY SHARE
Basic?ordinary shares

265,070

261,742

258,015

206,349

173,068

175,067

175,714

117,839

100,000

Diluted?ordinary shares

272,926

264,817

261,411

211,353

173,068

175,067

175,714

140,726

104,151