DAQO NEW ENERGY CORP. (DQ) Return on equity 2016–2025
DAQO NEW ENERGY CORP. (DQ) return on equity by fiscal year — reported net income divided by year-end shareholders’ equity.
-3.9%FY2025 · since FY2016: 16.1% → -3.9%
| Fiscal year | Value | YoY |
|---|---|---|
| FY2025 | -3.9% | +4.0 pp |
| FY2024 | -7.9% | -16.9 pp |
| FY2023 | 9.0% | -28.8 pp |
| FY2022 | 37.9% | +3.2 pp |
| FY2021 | 34.6% | +17.8 pp |
| FY2020 | 16.8% | +11.6 pp |
| FY2019 | 5.2% | -2.0 pp |
| FY2018 | 7.3% | -16.4 pp |
| FY2017 | 23.7% | +7.6 pp |
| FY2016 | 16.1% | — |
ROE = reported net income ÷ reported year-end shareholders’ equity for the same fiscal year. Heavy buybacks shrink equity and can push ROE very high (or negative-equity years drop out).
Source: SEC XBRL filings · For reference only · Not investment advice