Xinjiang Daqo New EnergyLtd Past Earnings Performance
Past criteria checks 1/6
Xinjiang Daqo New EnergyLtd has been growing earnings at an average annual rate of 33.4%, while the Semiconductor industry saw earnings growing at 20.8% annually. Revenues have been growing at an average rate of 25.4% per year. Xinjiang Daqo New EnergyLtd's return on equity is 7.2%, and it has net margins of 22%.
Key information
33.4%
Earnings growth rate
29.2%
EPS growth rate
| Semiconductor Industry Growth | 27.3% |
| Revenue growth rate | 25.4% |
| Return on equity | 7.2% |
| Net Margin | 22.0% |
| Last Earnings Update | 31 Mar 2024 |
Recent past performance updates
Revenue & Expenses BreakdownBeta
How Xinjiang Daqo New EnergyLtd makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 31 Mar 24 | 14,454 | 3,182 | 356 | 69 |
| 31 Dec 23 | 16,329 | 5,763 | 346 | 71 |
| 30 Sep 23 | 19,141 | 9,151 | 353 | 67 |
| 30 Jun 23 | 23,925 | 14,022 | 363 | 65 |
| 31 Mar 23 | 27,668 | 17,720 | 303 | 67 |
| 31 Dec 22 | 30,940 | 19,121 | 254 | 67 |
| 30 Sep 22 | 27,204 | 16,336 | 190 | 56 |
| 30 Jun 22 | 22,660 | 13,088 | 140 | 51 |
| 31 Mar 22 | 17,299 | 9,454 | 126 | 47 |
| 31 Dec 21 | 10,832 | 5,724 | 109 | 42 |
| 30 Sep 21 | 9,973 | 5,019 | 98 | 43 |
| 30 Jun 21 | 7,048 | 2,895 | 87 | 43 |
| 31 Mar 21 | 5,146 | 1,373 | 87 | 42 |
| 31 Dec 20 | 4,664 | 1,043 | 87 | 47 |
| 31 Dec 19 | 2,426 | 247 | 155 | 34 |
| 31 Dec 18 | 1,994 | 405 | 157 | 22 |
| 31 Dec 17 | 2,184 | 677 | 83 | 0 |
| 30 Sep 17 | 1,887 | 535 | 94 | 0 |
| 30 Jun 17 | 1,591 | 393 | 106 | 0 |
| 31 Mar 17 | 1,447 | 337 | 104 | 0 |
| 31 Dec 16 | 1,303 | 282 | 102 | 0 |
| 30 Sep 16 | 1,277 | 257 | 85 | 0 |
| 30 Jun 16 | 1,251 | 233 | 67 | 0 |
| 31 Mar 16 | 1,087 | 168 | 60 | 0 |
| 31 Dec 15 | 922 | 104 | 52 | 0 |
| 31 Dec 14 | 871 | 178 | 46 | 0 |
| 31 Dec 13 | 540 | -62 | 43 | 0 |
Quality Earnings: 688303 has a high level of non-cash earnings.
Growing Profit Margin: 688303's current net profit margins (22%) are lower than last year (64%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: 688303's earnings have grown significantly by 33.4% per year over the past 5 years.
Accelerating Growth: 688303's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: 688303 had negative earnings growth (-82%) over the past year, making it difficult to compare to the Semiconductor industry average (-4.5%).
Return on Equity
High ROE: 688303's Return on Equity (7.2%) is considered low.