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Daqo New Energy (Daqo New Energy) 10-Year ROIIC % : 18.66% (As of Dec. 2023)


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What is Daqo New Energy 10-Year ROIIC %?

10-Year Return on Invested Incremental Capital (10-Year ROIIC %) measures the change in earnings as a percentage of change in investment over 10-year. Daqo New Energy's 10-Year ROIIC % for the quarter that ended in Dec. 2023 was 18.66%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

The industry rank for Daqo New Energy's 10-Year ROIIC % or its related term are showing as below:

DQ's 10-Year ROIIC % is ranked better than
73.95% of 925 companies
in the Semiconductors industry
Industry Median: 5.48 vs DQ: 18.66

Daqo New Energy 10-Year ROIIC % Historical Data

The historical data trend for Daqo New Energy's 10-Year ROIIC % 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 10-Year ROIIC % Chart

Daqo New Energy Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
10-Year ROIIC %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.09 10.71 69.50 96.99 18.66

Daqo New Energy Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
10-Year ROIIC % 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 96.99 - - - 18.66

Competitive Comparison of Daqo New Energy's 10-Year ROIIC %

For the Semiconductor Equipment & Materials subindustry, Daqo New Energy's 10-Year ROIIC %, along with its competitors' market caps and 10-Year ROIIC % 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 10-Year ROIIC % Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Daqo New Energy's 10-Year ROIIC % distribution charts can be found below:

* The bar in red indicates where Daqo New Energy's 10-Year ROIIC % falls into.



Daqo New Energy 10-Year ROIIC % Calculation

Daqo New Energy's 10-Year ROIIC % for the quarter that ended in Dec. 2023 is calculated as:

10-Year ROIIC %=10-Year Incremental Net Operating Profit After Taxes (NOPAT)**/10-Year Incremental Invested Capital**
=( 616.872782 (Dec. 2023) - -42.4507948 (Dec. 2013) )/( 4187.471 (Dec. 2023) - 654.374 (Dec. 2013) )
=659.3235768/3533.097
=18.66%***

* 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.

** Annual data of NOPAT and Invested Capital was used to calculate 10-Year ROIIC %.
*** Please be aware that the ROIIC (Return on Invested Capital) calculations are based on company-level data using the primary share class. The calculated data provided is for demonstration purposes and may slightly differ from the results displayed in the title due to potential variations caused by currency exchange rate differences throughout the year.


Daqo New Energy  (NYSE:DQ) 10-Year ROIIC % Explanation

Return on Incremental Invested Capital (ROIIC) is an extension of Return on Investment Capital (ROIC). ROIC % tells investors how efficiently that profitability is earned per dollar of company capital. ROIIC narrows the focus even further and shows how profitable each additional unit of capital investment could be. ROIIC % is a more powerful metric than ROIC because it measures how much money the company can generate going forward on future capital investments.

High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

Be Aware

It's important to keep in mind that when tracking ROIIC, the metric is better suited to forecasting the trend of future returns rather than measuring current return on investment.


Daqo New Energy 10-Year ROIIC % 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.