Daqo New Energy Corp.
Profit Margins
| Fiscal Year | Gross Margin | Operating Margin | Net Margin |
|---|---|---|---|
| FY2012 | -43.1% | -101.9% | -128.9% |
| FY2013 | -23.9% | -184.1% | -65.1% |
| FY2014 | 23.7% | 17.5% | 9.1% |
| FY2015 | 20.6% | 14.4% | 7.1% |
| FY2016 | 39.7% | 31.2% | 22.2% |
| FY2017 | 44.6% | 40.5% | 28.7% |
| FY2018 | 32.5% | 26.9% | 12.6% |
| FY2019 | 22.9% | 13.6% | 8.4% |
| FY2020 | 34.6% | 27.8% | 19.1% |
| FY2021 | 65.4% | 62.6% | 44.6% |