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CONSOLIDATED BALANCE SHEETS (USD $)
Dec. 31, 2012
Dec. 31, 2011
Current assets:    
Cash and cash equivalents $ 6,679,024 $ 92,697,098
Restricted cash 10,649,745 11,600,321
Accounts receivable, net of allowance for doubtful accounts of $1,202,940 and $1,592,467 as of December 31, 2011 and 2012 27,822,799 19,081,566
Notes receivables 4,631,370 3,663,406
Prepaid expenses and other current assets 23,933,967 11,152,142
Advances to suppliers 737,794 2,846,797
Inventories 15,135,522 24,176,109
Amount due from related party 6,562,487 9,887,310
Deferred tax assets - current 358,435 4,348,146
Total current assets 96,511,143 179,452,895
Property, plant and equipment, net 677,895,274 636,474,691
Prepaid land use rights 36,157,610 35,316,414
Deferred tax assets 1,057,066 17,900,704
Other non-current assets 4,686,711 9,331,938
TOTAL ASSETS 816,307,804 878,476,642
Current liabilities:    
Short-term borrowings, including current portion of long-term borrowings (including short-term borrowings and current portion of long-term borrowings of the consolidated variable interest entity without recourse to the Company of $19,030,680 and $19,257,600 as of December 31, 2011 and 2012, respectively) 120,279,760 111,805,245
Accounts payable 12,346,063 10,479,751
Notes payable 21,334,082 4,557,116
Advances from customers 29,396,238 26,060,543
Payables for purchases of property, plant and equipment 45,468,680 37,144,590
Accrued expenses and other current liabilities (including accrued expenses and other current liabilities of the consolidated variable interest entity without recourse to the Company of $519,064 and $512,708 as of December 31, 2011 and 2012, respectively) 7,617,455 9,164,522
Amount due to related party (including amount due to related party of the consolidated variable interest entity without recourse to the Company of $73,516 and $467,568 as of December 31, 2011 and 2012, respectively) 23,708,363 3,159,356
Income tax payable 160,480 15,469,820
Total current liabilities 260,311,121 217,840,943
Long-term borrowings (including long-term borrowings of the consolidated variable interest entity without recourse to the Company of $33,303,690 and $14,443,200 as of December 31, 2011 and 2012, respectively) 187,520,880 165,646,211
Long-term payables for purchase of property, plant and equipment 1,126,255 4,157,836
Advance from customers    12,507,801
Deferred government subsidies 26,472,135 25,853,179
Accrued warranty cost    444,445
Total liabilities 475,430,391 426,450,415
Commitments (Note 18)      
Daqo New Energy Corp. shareholders' equity:    
Ordinary shares; $0.0001 par value 500,000,000 shares authorized as of December 31, 2011 and 2012; 175,714,103 and 175,714,103 shares issued as of December 31, 2011 and 2012, respectively and 175,714,103 and 172,877,433 shares outstanding as of December 31, 2011 and 2012, respectively 17,288 17,571
Additional paid in capital 144,755,902 142,511,581
Retained earnings 38,276,015 150,204,956
Accumulated other comprehensive income 19,551,006 18,444,123
Treasury Stock, at cost (nil and 2,836,670 shares as of December 31, 2011 and 2012, respectively) (494,928)   
Total Daqo New Energy Corp. shareholders' equity 202,105,283 311,178,231
Noncontrolling interest 138,772,130 140,847,996
Total equity 340,877,413 452,026,227
TOTAL LIABILITIES AND EQUITY $ 816,307,804 $ 878,476,642