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Xinjiang Daqo New Energy Co.,Ltd. logo

Xinjiang Daqo New Energy Co.,Ltd.

688303.SS

Financial Statements

Income Statement (Annual)

Amounts in millions

2024

12/31/2024

Revenue
1,037
Cost of Revenue
1,261
Gross Profit
-224
Gross Margin
-21.6%
Operating Income
-432
Operating Margin
-41.6%
Net Income
-381
Net Margin
-36.7%
EPS (Basic)
$0.00
EPS (Diluted)
$0.00
EBITDA
-92
EBITDA Margin
-8.8%

2023

12/31/2023

Revenue
2,286
Cost of Revenue
1,368
Gross Profit
918
Gross Margin
40.2%
Operating Income
966
Operating Margin
42.3%
Net Income
807
Net Margin
35.3%
EPS (Basic)
$0.00
EPS (Diluted)
$0.00
EBITDA
982
EBITDA Margin
43.0%

2022

12/31/2022

Revenue
4,332
Cost of Revenue
1,090
Gross Profit
3,241
Gross Margin
74.8%
Operating Income
3,154
Operating Margin
72.8%
Net Income
2,677
Net Margin
61.8%
EPS (Basic)
$1.00
EPS (Diluted)
$1.00
EBITDA
3,239
EBITDA Margin
74.8%

2021

12/31/2021

Revenue
1,516
Cost of Revenue
521
Gross Profit
996
Gross Margin
65.7%
Operating Income
944
Operating Margin
62.3%
Net Income
801
Net Margin
52.8%
EPS (Basic)
$0.00
EPS (Diluted)
$0.00
EBITDA
1,031
EBITDA Margin
68.0%

2020

12/31/2020

Revenue
653
Cost of Revenue
435
Gross Profit
218
Gross Margin
33.3%
Operating Income
172
Operating Margin
26.3%
Net Income
146
Net Margin
22.4%
EPS (Basic)
$0.00
EPS (Diluted)
$0.00
EBITDA
261
EBITDA Margin
40.0%