What is DAQO?

Daqo New Energy Corp. (NYSE: DQ) is a leading poly-silicon manufacturer based in China and aims to become a vertically integrated photovoltaic (PV) product manufacturer. With an installed annual production capacity of 3,300 metric tons (MT) as of June 30, 2010, we believe we are one of the largest polysilicon manufacturers in China. We plan to increase our annual production capacity to 7,300 MT by the end of 2012 by adding a Phase 2 production line. We manufacture and sell high-quality polysilicon to photovoltaic product manufacturers, who further process our polysilicon into ingots, wafers, cells and modules for solar power solutions. We have started expanding downstream into the wafer manufacturing business and are ramping up our module manufacturing business. We have established a 200MW photovoltaic module manufacturing facility in Nanjing, China. (source)

DAQO Employee Count

Number of DAQO employees:

1,518 employees

Last updated 12/31/18

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DAQO Revenue Totals

DAQO annual total revenue:

• 2021: $1.678 billion
• 2020: $675 million
• 2019: $301 million
• 2018: $323 million
• 2017: $196 million
• 2016: $146 million
• 2015: $141 million

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DAQO annual net income:

• 2021: $864 million
• 2020: $133 million
• 2019: $38 million
• 2018: $92 million
• 2017: $43 million
• 2016: $12 million
• 2015: $16 million

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Please note that some of these numbers are easier to find than others. A few of these DAQO statistics come from their own reports, but some are based on news reports and not official company tallies. No information contained on DMR should be relied upon to make investment decisions. Basically, this is the best I can find and I don’t guarantee anything to be 100%.

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