Daqo New Energy (FRA:5DQ2) Tax Rate % : 33.77% (As of Mar. 2024)

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What is Daqo New Energy Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Daqo New Energy's Tax Expense for the three months ended in Mar. 2024 was €13 Mil. Daqo New Energy's Pre-Tax Income for the three months ended in Mar. 2024 was €39 Mil. Therefore, Daqo New Energy's Tax Rate % for the quarter that ended in Mar. 2024 was 33.77%.

Daqo New Energy Tax Rate % Historical Data

The historical data trend for Daqo New Energy's Tax Rate % 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.

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Daqo New Energy Tax Rate % Chart

Daqo New Energy Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Tax Rate %

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25.40

17.38

16.44

18.88

20.23

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
Tax Rate %	Get a 7-Day Free Trial															17.04	21.62	54.58	19.01	33.77

Daqo New Energy Tax Rate % Calculation

Tax Rate % is the ratio of tax expense divided by pretax income, usually presented in percent.

Daqo New Energy's Tax Rate % for the fiscal year that ended in Dec. 2023 is calculated as

Tax Rate %	=	Tax Expense (A: Dec. 2023 )	/	Pre-Tax Income (A: Dec. 2023 )
	=	151.844	/	750.541
	=	20.23 %

Daqo New Energy's Tax Rate % for the quarter that ended in Mar. 2024 is calculated as

Tax Rate %	=	Tax Expense (Q: Mar. 2024 )	/	Pre-Tax Income (Q: Mar. 2024 )
	=	13.208	/	39.109
	=	33.77 %

Daqo New Energy Tax Rate % Related Terms

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Daqo New Energy (FRA:5DQ2) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Daqo New Energy Corp (FRA:5DQ2) » Definitions » Tax Rate %

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DQ:USA DQ:Mexico 5DQ2:Germany

Address

No. 838 Zhangyang Road, Room C,29th Floor, Unit 29, Huadu Mansion, Pudong, Shanghai, CHN, 200122

Website

http://www.dqsolar.com

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.

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