Daqo Historical Income Statement
DQ Stock | USD 21.91 0.73 3.22% |
Historical analysis of Daqo New income statement accounts such as Operating Income of 732.2 M can show how well Daqo New Energy performed in making a profits. Evaluating Daqo New income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Daqo New's future profits or losses.
Financial Statement Analysis is much more than just reviewing and examining Daqo New Energy latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Daqo New Energy is a good buy for the upcoming year.
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About Daqo Income Statement Analysis
Daqo New Energy Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to Daqo New shareholders. The income statement also shows Daqo investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).
Daqo New Income Statement Chart
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Other Operating Expenses
Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Daqo New Energy. It is also known as Daqo New overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.Total Operating Expenses
The total costs associated with the day-to-day operations of a business, excluding the cost of goods sold but including selling, general, and administrative expenses.Tax Provision
The amount set aside by a company to cover any estimated taxes for the current period. It reflects the company's expected tax liabilities.Most accounts from Daqo New's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Daqo New Energy current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Daqo New Energy. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in producer price index. At this time, Daqo New's Selling General Administrative is relatively stable compared to the past year. As of 06/04/2024, Total Revenue is likely to grow to about 2.4 B, though Minority Interest is likely to grow to (212.2 M).
2021 | 2022 | 2023 | 2024 (projected) | Cost Of Revenue | 581.6M | 1.2B | 1.4B | 1.5B | Research Development | 6.5M | 10.0M | 10.1M | 10.6M |
Daqo New income statement Correlations
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Daqo New Account Relationship Matchups
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Daqo New income statement Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Interest Expense | 10.4M | 26.6M | 20.5M | 14.5M | 16.6M | 14.4M | |
Other Operating Expenses | 302.5M | 487.7M | 627.4M | 1.6B | 1.6B | 1.7B | |
Operating Income | 47.5M | 120.1M | 1.1B | 3.0B | 697.3M | 732.2M | |
Ebit | 47.5M | 120.1M | 1.1B | 3.0B | 697.3M | 732.2M | |
Ebitda | 95.9M | 188.8M | 939.5M | 3.0B | 846.2M | 888.5M | |
Total Operating Expenses | 32.6M | 46.1M | 45.8M | 367.3M | 223.4M | 234.5M | |
Income Before Tax | 37.9M | 162.1M | 1.0B | 3.1B | 818.5M | 859.4M | |
Net Income | 29.5M | 129.2M | 756.2M | 1.8B | 429.5M | 216.1M | |
Depreciation And Amortization | 48.4M | 68.7M | (111.9M) | (1.8M) | 148.9M | 156.3M | |
Selling General Administrative | 32.5M | 39.5M | 39.9M | 354.1M | 213.2M | 223.9M | |
Total Revenue | 350.0M | 675.6M | 1.7B | 4.6B | 2.3B | 2.4B | |
Gross Profit | 80.1M | 234.0M | 1.1B | 3.4B | 920.7M | 966.7M | |
Research Development | 5.3M | 6.9M | 6.5M | 10.0M | 10.1M | 10.6M | |
Cost Of Revenue | 269.9M | 441.6M | 581.6M | 1.2B | 1.4B | 1.5B | |
Total Other Income Expense Net | (9.6M) | 42.1M | (16.5M) | 16.3M | 121.2M | 127.2M | |
Net Income Applicable To Common Shares | 29.5M | 129.2M | 756.2M | 1.9B | 2.1B | 2.2B | |
Income Tax Expense | 9.6M | 28.2M | 162.8M | 537.1M | 165.6M | 173.9M | |
Net Income From Continuing Ops | 28.3M | 133.9M | 872.1M | 2.5B | 652.9M | 421.5M | |
Tax Provision | 9.6M | 28.2M | 162.8M | 537.1M | 295.9M | 310.7M | |
Interest Income | 9.6M | 25.7M | 16.5M | 16.3M | 18.7M | 16.0M | |
Discontinued Operations | (3.8M) | (23.0M) | 1.3M | (141K) | (126.9K) | (133.2K) | |
Net Interest Income | (9.4M) | (25.7M) | (20.5M) | 14.5M | 52.3M | 54.9M | |
Reconciled Depreciation | 47.4M | 68.7M | 77.4M | 107.1M | 148.9M | 81.0M |
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When running Daqo New's price analysis, check to measure Daqo New's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Daqo New is operating at the current time. Most of Daqo New's value examination focuses on studying past and present price action to predict the probability of Daqo New's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Daqo New's price. Additionally, you may evaluate how the addition of Daqo New to your portfolios can decrease your overall portfolio volatility.