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Daqo New Energy (Daqo New Energy) Pretax Margin % : 10.24% (As of Mar. 2024)


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What is Daqo New Energy Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Daqo New Energy's Pre-Tax Income for the three months ended in Mar. 2024 was $43 Mil. Daqo New Energy's Revenue for the three months ended in Mar. 2024 was $415 Mil. Therefore, Daqo New Energy's pretax margin for the quarter that ended in Mar. 2024 was 10.24%.

The historical rank and industry rank for Daqo New Energy's Pretax Margin % or its related term are showing as below:

DQ' s Pretax Margin % Range Over the Past 10 Years
Min: 7.79   Med: 24.56   Max: 66.33
Current: 19.14


DQ's Pretax Margin % is ranked better than
80.12% of 986 companies
in the Semiconductors industry
Industry Median: 4.88 vs DQ: 19.14

Daqo New Energy Pretax Margin % Historical Data

The historical data trend for Daqo New Energy's Pretax Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Daqo New Energy Pretax Margin % Chart

Daqo New Energy Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Pretax Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 10.82 24.00 61.65 66.33 35.47

Daqo New Energy Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Pretax Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 67.02 32.50 8.10 20.26 10.24

Competitive Comparison of Daqo New Energy's Pretax Margin %

For the Semiconductor Equipment & Materials subindustry, Daqo New Energy's Pretax Margin %, along with its competitors' market caps and Pretax Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Daqo New Energy's Pretax Margin % Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Daqo New Energy's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where Daqo New Energy's Pretax Margin % falls into.



Daqo New Energy Pretax Margin % Calculation

Pretax margin - also known as pretax profit margin is the ratio of Pretax Income divided by net sales or Revenue, usually presented in percent.

Daqo New Energy's Pretax Margin for the fiscal year that ended in Dec. 2023 is calculated as

Pretax Margin=Pre-Tax Income (A: Dec. 2023 )/Revenue (A: Dec. 2023 )
=818.474/2307.695
=35.47 %

Daqo New Energy's Pretax Margin for the quarter that ended in Mar. 2024 is calculated as

Pretax Margin=Pre-Tax Income (Q: Mar. 2024 )/Revenue (Q: Mar. 2024 )
=42.51/415.311
=10.24 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Daqo New Energy  (NYSE:DQ) Pretax Margin % Explanation

The pretax margin, as know as pretax profit margin, is widely used to measure the operating efficiency of a company before deducting taxes.

The pretax margin is sometimes preferred over the net margin as tax expenditures can make profitability comparisons between companies misleading.

It is a useful tool to compare companies operating in the same sector and less effective when comparing companies from other sectors as each industry generally has different operating expenses and sales patterns.

The long term trend of the pretax margin is a good indicator of the competitiveness and health of the business.


Daqo New Energy Pretax Margin % Related Terms

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Daqo New Energy (Daqo New Energy) Business Description

Traded in Other Exchanges
Address
No. 838 Zhangyang Road, Room C,29th Floor, Unit 29, Huadu Mansion, Pudong, Shanghai, CHN, 200122
Daqo New Energy Corp is a polysilicon manufacturer based in China. The company is engaged in the manufacturing and selling of high-purity polysilicon to photovoltaic product manufacturers who processed polysilicon into ingots, cells, and modules for solar power solutions. It offers ready-to-use polysilicon, packaged to meet crucible stacking, pulling, and solidification needs. All of its revenues gets derived from the People's Republic of China.