# Daqo New Energy Corp.: Form 20-F for the period ended Dec 31, 2017

- Company: [Daqo New Energy Corp.](/companies/dq.md) (CIK 1477641)
- Form: 20-F
- Filed: 2018-03-16
- Accepted by EDGAR: Mar 16, 2018, 08:08 ET
- Period: 2017-12-31
- Accession: 0001144204-18-015103
- Inline XBRL: yes
- Main document: https://www.sec.gov/Archives/edgar/data/1477641/000114420418015103/tv487733_20f.htm
- All documents and exhibits: https://www.sec.gov/Archives/edgar/data/1477641/000114420418015103/

## Figures reported in this filing

Standardized XBRL line items for the period ended 2017-12-31.

| Line item | Period | Value | XBRL concept |
| --- | --- | ---: | --- |
| Revenue | 12 months, 2017-01-01 to 2017-12-31 | $352.9m | us-gaap:Revenues |
| Cost of revenue | 12 months, 2017-01-01 to 2017-12-31 | $209.4m | us-gaap:CostOfRevenue |
| Gross profit | 12 months, 2017-01-01 to 2017-12-31 | $143.5m | us-gaap:GrossProfit |
| Research and development | 12 months, 2017-01-01 to 2017-12-31 | $881.0k | us-gaap:ResearchAndDevelopmentExpense |
| Selling, general and administrative | 12 months, 2017-01-01 to 2017-12-31 | $17.7m | us-gaap:SellingGeneralAndAdministrativeExpense |
| Operating income | 12 months, 2017-01-01 to 2017-12-31 | $128.7m | us-gaap:OperatingIncomeLoss |
| Interest expense | 12 months, 2017-01-01 to 2017-12-31 | $18.0m | us-gaap:InterestExpense |
| Income tax | 12 months, 2017-01-01 to 2017-12-31 | $17.3m | us-gaap:IncomeTaxExpenseBenefit |
| Net income | 12 months, 2017-01-01 to 2017-12-31 | $92.8m | us-gaap:NetIncomeLoss |
| Diluted EPS | 12 months, 2017-01-01 to 2017-12-31 | $0.34 | us-gaap:EarningsPerShareDiluted |
| Basic EPS | 12 months, 2017-01-01 to 2017-12-31 | $0.35 | us-gaap:EarningsPerShareBasic |
| Diluted shares (weighted) | 12 months, 2017-01-01 to 2017-12-31 | 272,926,319 shares | us-gaap:WeightedAverageNumberOfDilutedSharesOutstanding |
| Operating cash flow | 12 months, 2017-01-01 to 2017-12-31 | $142.7m | us-gaap:NetCashProvidedByUsedInOperatingActivities |
| Capital expenditure | 12 months, 2017-01-01 to 2017-12-31 | $67.8m | us-gaap:PaymentsToAcquirePropertyPlantAndEquipment |
| Cash and equivalents | at 2017-12-31 | $60.7m | us-gaap:CashAndCashEquivalentsAtCarryingValue |
| Current assets | at 2017-12-31 | $142.4m | us-gaap:AssetsCurrent |
| Total assets | at 2017-12-31 | $748.8m | us-gaap:Assets |
| Current liabilities | at 2017-12-31 | $216.5m | us-gaap:LiabilitiesCurrent |
| Total liabilities | at 2017-12-31 | $354.3m | us-gaap:Liabilities |
| Long-term debt | at 2017-12-31 | $113.6m | us-gaap:LongTermDebtNoncurrent |
| Current portion of debt | at 2017-12-31 | $30.9m | us-gaap:LongTermDebtCurrent |
| Shareholders' equity | at 2017-12-31 | $391.7m | us-gaap:StockholdersEquity |
| Shares outstanding | at 2017-12-31 | 270,918,702 shares | dei:EntityCommonStockSharesOutstanding |

## Sections

Sections are extracted only from 10-K and 10-Q reports. Read this filing’s documents on sec.gov. https://www.sec.gov/Archives/edgar/data/1477641/000114420418015103/tv487733_20f.htm

Filed Mar 16, 2018.
Source: SEC EDGAR, the filing index for accession 0001144204-18-015103. Last ingested by Listed: Oct 29, 2026, 07:39 ET. No prices; not investment advice.