Daqo New Energy (DQ) Change in Taxes (2012 - 2020)
Daqo New Energy (DQ) posted Change in Taxes of $6.4 million for Q1 2020, up 395.32% sequentially from $1.3 million in Q4 2019, and up 810.46% YoY from $698000.0 in Q2 2019.
Daqo New Energy (DQ) Change in Taxes (2012 - 2020) Analysis & Trends
Daqo New Energy (DQ) has 7 years of Change in Taxes data on file, last reported at $6.4 million in Q1 2020.
- Quarterly Change in Taxes rose 810.46% year-over-year to $6.4 million in Q1 2020, while the trailing twelve-month figure through Mar 2020 was $5.1 million (up 209.45% YoY) and the FY2025 annual result came in at -$508000.0, up 99.42% from the prior year.
- Change in Taxes improved to $6.4 million in Q1 2020 per DQ's latest filing, from $1.3 million in the prior quarter.
- The five-year high for Change in Taxes was $6.4 million in Q1 2020, with the low at -$6.0 million in Q2 2018.
- Average Change in Taxes over 5 years is $594700.8, with a median of $1.2 million recorded in 2016.
- Year-over-year, Change in Taxes surged 988.4% in 2016 and plunged 660.83% in 2018.
- Daqo New Energy's Change in Taxes stood at $702313.0 in 2016, then jumped by 595.79% to $4.9 million in 2017, then tumbled by 62.24% to $1.8 million in 2018, then tumbled by 30.46% to $1.3 million in 2019, then surged by 395.32% to $6.4 million in 2020.
- Business Quant data shows DQ's Change in Taxes at $6.4 million in Q1 2020, $1.3 million in Q4 2019, and $1.6 million in Q3 2019.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Applied Materials | 516.82 Bn | 510.08 Bn | 3.95 Bn | -156.00 Mn |
| 2 | Lam Research | 488.97 Bn | 484.22 Bn | 2.91 Bn | - |
| 3 | Kla | 348.47 Bn | 343.51 Bn | 2.09 Bn | - |
| 4 | Teradyne | 66.84 Bn | 66.60 Bn | 780.95 Mn | 66.28 Mn |
| 5 | Qnity Electronics | 32.19 Bn | 32.35 Bn | 618.00 Mn | 8.00 Mn |
| 6 | Entegris | 25.16 Bn | 24.72 Bn | 380.80 Mn | 14.40 Mn |
| 7 | Amkor Technology | 19.80 Bn | 17.99 Bn | 239.03 Mn | - |
| 8 | Formfactor | 11.45 Bn | 11.15 Bn | 86.79 Mn | - |
| 9 | ACM Research | 7.71 Bn | 7.32 Bn | 107.24 Mn | 1.39 Mn |
| 10 | Daqo New Energy | 859.36 Mn | 1.09 Bn | -139.37 Bn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2020 | 6.36 Mn |
| Mar 31, 2020 | 6.36 Mn |
| Dec 31, 2019 | 1.28 Mn |
| Dec 31, 2019 | 1.28 Mn |
| Sep 30, 2019 | 1.64 Mn |
| Sep 30, 2019 | 1.64 Mn |
| Jun 30, 2019 | -4.23 Mn |
| Jun 30, 2019 | -4.23 Mn |
| Mar 31, 2019 | 698,000.00 |
| Mar 31, 2019 | 698,000.00 |
| Dec 31, 2018 | 1.85 Mn |
| Dec 31, 2018 | 1.85 Mn |
| Sep 30, 2018 | -1.12 Mn |
| Sep 30, 2018 | -1.12 Mn |
| Jun 30, 2018 | -6.04 Mn |
| Jun 30, 2018 | -6.04 Mn |
| Mar 31, 2018 | -2.00 Mn |
| Mar 31, 2018 | -2.00 Mn |
| Dec 31, 2017 | 4.89 Mn |
| Dec 31, 2017 | 4.89 Mn |