Daqo New Energy Corp.
Profit Margins
| Fiscal Year | Gross Margin | Operating Margin | Net Margin |
|---|---|---|---|
| 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% |
| FY2022 | 74.0% | 66.0% | 39.5% |
| FY2023 | 39.9% | 33.9% | 18.6% |
| FY2024 | -20.7% | -54.8% | -33.5% |
| FY2025 | -20.7% | -40.6% | -25.6% |