Daqo New Energy (DQ) Tax Rate: 2009-2024
Historic Tax Rate for Daqo New Energy (DQ) over the last 15 years, with FY2024 value amounting to 13.49%.
- Daqo New Energy's Tax Rate rose 220800.0% to 11.69% in Q1 2025 from the same period last year, while for Mar 2025 it was 16.56%, marking a year-over-year decrease of 41600.0%. This contributed to the annual value of 13.49% for FY2024, which is 67400.0% down from last year.
- As of FY2024, Daqo New Energy's Tax Rate stood at 13.49%, which was down 67400.0% from 20.23% recorded in FY2023.
- In the past 5 years, Daqo New Energy's Tax Rate ranged from a high of 20.23% in FY2023 and a low of 15.06% during FY2021
- Its 5-year average for Tax Rate is 11.89%, with a median of 16.91% in 2020.
- As far as peak fluctuations go, Daqo New Energy's Tax Rate plummeted by -80200bps in 2020, and later skyrocketed by 24500bps in 2022.
- Daqo New Energy's Tax Rate (Annual) stood at 17.38% in 2020, then dropped by -5bps to 16.44% in 2021, then increased by 15bps to 18.88% in 2022, then increased by 7bps to 20.23% in 2023, then crashed by -33bps to 13.49% in 2024.
- Its last three reported values are 13.49% in FY2024, 20.23% for FY2023, and 18.88% during FY2022.