Daqo New Energy (DQ) Tax Provisions (2009 - 2025)
Daqo New Energy (DQ) posted Tax Provisions of -$14.4 billion for Q1 2024, up 21.77% sequentially from -$18.4 billion in Q4 2023, and up 82.29% YoY from -$7.9 billion in Q2 2023.
Daqo New Energy (DQ) Tax Provisions (2009 - 2025) Analysis & Trends
Daqo New Energy has reported Tax Provisions for 15 years, with the latest figure at -$14.4 billion in Q1 2024.
- Quarterly Tax Provisions rose 82.29% year-over-year to -$14.4 billion in Q1 2024, while the trailing twelve-month figure through Mar 2024 was -$44784.1 billion (up 68.87% YoY) and the FY2025 annual result came in at -$59.3 million, up 15.2% from the prior year.
- Tax Provisions grew to -$14.4 billion in Q1 2024 per DQ's latest filing, from -$18.4 billion in the prior quarter.
- Over five years, Tax Provisions peaked at -$2.0 million in Q2 2020 and troughed at -$143460.0 billion in Q2 2022.
- A 5-year average of -$18140.4 billion and a median of -$18.4 billion in 2023 frame the typical range for Tax Provisions.
- The sharpest annual moves came in 2021 and 2022: Tax Provisions plunged 1932940316.6% in 2021, then soared 99.87% in 2022.
- Over 5 years, Tax Provisions stood at -$13.6 million in 2020, then plunged by 370280.71% to -$50.4 billion in 2021, then sank by 195.03% to -$148.7 billion in 2022, then soared by 87.66% to -$18.4 billion in 2023, then grew by 21.77% to -$14.4 billion in 2024.
- According to Business Quant data, Tax Provisions over the past three periods registered -$14.4 billion, -$18.4 billion, and -$21.4 billion for Q1 2024, Q4 2023, and Q3 2023 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Asml Holding | 683.77 Bn | 668.27 Bn | 5.90 Bn | - |
| 2 | Lam Research | 393.97 Bn | 388.39 Bn | 3.48 Bn | 277.86 Mn |
| 3 | Applied Materials | 389.80 Bn | 381.56 Bn | 3.95 Bn | 419.00 Mn |
| 4 | Kla | 240.86 Bn | 239.21 Bn | 2.24 Bn | 186.33 Mn |
| 5 | Teradyne | 58.87 Bn | 58.52 Bn | 794.62 Mn | 66.79 Mn |
| 6 | Qnity Electronics | 27.06 Bn | 26.10 Bn | 666.00 Mn | 63.00 Mn |
| 7 | Entegris | 21.93 Bn | 21.58 Bn | 420.00 Mn | 16.50 Mn |
| 8 | Onto Innovation | 14.50 Bn | 12.61 Bn | 183.25 Mn | 8.40 Mn |
| 9 | Amkor Technology | 12.45 Bn | 9.94 Bn | 318.59 Mn | 28.31 Mn |
| 10 | Daqo New Energy | 915.98 Mn | -352.59 Mn | -139.37 Bn | 21.64 Bn |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | -17,488.06 Bn |
| Sep 30, 2025 | -2,958.00 Bn |
| Jun 30, 2025 | 8,172.00 Bn |
| Dec 31, 2024 | -20,934.07 Bn |
| Sep 30, 2024 | 12,007.00 Bn |
| Mar 31, 2024 | -14.36 Bn |
| Dec 31, 2023 | -18.35 Bn |
| Sep 30, 2023 | -21.44 Bn |
| Jun 30, 2023 | -44,730.00 Bn |
| Mar 31, 2023 | -81.07 Bn |
| Dec 31, 2022 | -148.68 Bn |
| Sep 30, 2022 | -155.20 Bn |
| Jun 30, 2022 | -143,460.00 Bn |
| Mar 31, 2022 | -129.91 Mn |
| Dec 31, 2021 | -50.39 Bn |
| Sep 30, 2021 | -119,707.00 Bn |
| Jun 30, 2021 | -57.57 Mn |
| Mar 31, 2021 | -14.49 Mn |
| Dec 31, 2020 | -13.61 Mn |
| Sep 30, 2020 | -6.19 Mn |