XML 73 R84.htm IDEA: XBRL DOCUMENT v2.4.0.6
FINANCIAL STATEMENT SCHEDULE I (FINANCIAL INFORMATION OF PARENT COMPANY STATEMENT OF CHANGES IN EQUITY) (Details) (USD $)
 12 Months Ended
Dec. 31, 2012
Dec. 31, 2011
Dec. 31, 2010
Condensed Financial Statements, Captions [Line Items]      
Balance $ 452,026,227 $ 396,422,834 $ 180,491,946
Net income (loss) (111,928,941) 33,323,952 68,571,257
Share-based compensation 2,249,834 2,206,025 1,614,756
Deemed dividend on Series A convertible redeemable preferred shares     3,300,000
Conversion of series A convertible redeemable preferred shares into ordinary shares     58,902,740
Issuance of ordinary shares upon in the initial public offering (net of commission and issuance cost of $7,862,952)     79,537,048
Other comprehensive income 3,838,790 18,483,256 10,028,611
Repurchase (500,724)    
Deconsolidation of Nanjing Daqo New Energy Co., Ltd (1,099,299)    
Balance 340,877,413 452,026,227 396,422,834
Ordinary shares [Member]
      
Condensed Financial Statements, Captions [Line Items]      
Balance 17,571 17,571 10,000
Balance, shares 175,714,103 175,714,103 100,000,000
Share-based compensation         
Deemed dividend on Series A convertible redeemable preferred shares       
Conversion of series A convertible redeemable preferred shares into ordinary shares     2,971
Conversion of series A convertible redeemable preferred shares into ordinary shares, shares     29,714,103
Issuance of ordinary shares upon in the initial public offering (net of commission and issuance cost of $7,862,952)     4,600
Issuance of ordinary shares upon in the initial public offering (net of commission and issuance cost of $7,862,952), shares     46,000,000
Other comprehensive income         
Repurchase (283)    
Repurchase, shares (2,836,670)    
Deconsolidation of Nanjing Daqo New Energy Co., Ltd       
Balance 17,288 17,571 17,571
Balance, shares 172,877,433 175,714,103 175,714,103
Treasury Stock [Member]
      
Condensed Financial Statements, Captions [Line Items]      
Balance         
Share-based compensation         
Deemed dividend on Series A convertible redeemable preferred shares       
Conversion of series A convertible redeemable preferred shares into ordinary shares       
Issuance of ordinary shares upon in the initial public offering (net of commission and issuance cost of $7,862,952)       
Other comprehensive income         
Repurchase (494,928)    
Deconsolidation of Nanjing Daqo New Energy Co., Ltd       
Balance (494,928)      
Additional paid in capital [Member]
      
Condensed Financial Statements, Captions [Line Items]      
Balance 142,511,581 140,305,556 258,583
Share-based compensation 2,249,834 2,206,025 1,614,756
Deemed dividend on Series A convertible redeemable preferred shares       
Conversion of series A convertible redeemable preferred shares into ordinary shares     58,899,769
Issuance of ordinary shares upon in the initial public offering (net of commission and issuance cost of $7,862,952)     79,532,448
Other comprehensive income         
Repurchase (5,513)    
Deconsolidation of Nanjing Daqo New Energy Co., Ltd       
Balance 144,755,902 142,511,581 140,305,556
Retained earnings [Member]
      
Condensed Financial Statements, Captions [Line Items]      
Balance 150,204,956 116,881,004 51,609,747
Share-based compensation         
Deemed dividend on Series A convertible redeemable preferred shares     3,300,000
Conversion of series A convertible redeemable preferred shares into ordinary shares       
Issuance of ordinary shares upon in the initial public offering (net of commission and issuance cost of $7,862,952)       
Other comprehensive income         
Repurchase       
Deconsolidation of Nanjing Daqo New Energy Co., Ltd       
Balance 38,276,015 150,204,956 116,881,004
Accumulated other comprehensive income [Member]
      
Condensed Financial Statements, Captions [Line Items]      
Balance 18,444,123 6,276,868 617,298
Share-based compensation         
Deemed dividend on Series A convertible redeemable preferred shares       
Conversion of series A convertible redeemable preferred shares into ordinary shares       
Issuance of ordinary shares upon in the initial public offering (net of commission and issuance cost of $7,862,952)       
Other comprehensive income 2,206,182 12,167,255 5,659,570
Repurchase       
Deconsolidation of Nanjing Daqo New Energy Co., Ltd (1,099,299)    
Balance 19,551,006 18,444,123 6,276,868
Parent Company [Member]
      
Condensed Financial Statements, Captions [Line Items]      
Balance 311,178,231 263,480,999 52,495,628
Net income (loss) (111,928,941) 33,323,952 68,571,257
Other comprehensive income 2,206,182 12,167,255 5,659,570
Share-based compensation 2,249,834 2,206,025 1,614,756
Deemed dividend on Series A convertible redeemable preferred shares     (3,300,000)
Conversion of series A convertible redeemable preferred shares into ordinary shares     58,902,740
Issuance of ordinary shares upon in the initial public offering (net of commission and issuance cost of $7,862,952)     79,537,048
Repurchase (500,724)    
Deconsolidation of Nanjing Daqo New Energy Co., Ltd (1,099,299)    
Balance 202,105,283 311,178,231 263,480,999
Parent Company [Member] | Ordinary shares [Member]
      
Condensed Financial Statements, Captions [Line Items]      
Balance 17,571 17,571 10,000
Balance, shares 175,714,103 175,714,103 100,000,000
Net income (loss)         
Other comprehensive income         
Share-based compensation         
Deemed dividend on Series A convertible redeemable preferred shares       
Conversion of series A convertible redeemable preferred shares into ordinary shares     2,971
Conversion of series A convertible redeemable preferred shares into ordinary shares, shares     29,714,103
Issuance of ordinary shares upon in the initial public offering (net of commission and issuance cost of $7,862,952)     4,600
Issuance of ordinary shares upon in the initial public offering (net of commission and issuance cost of $7,862,952), shares     46,000,000
Repurchase (283)    
Repurchase, shares (2,836,670)    
Deconsolidation of Nanjing Daqo New Energy Co., Ltd       
Balance 17,288 17,571 17,571
Balance, shares 172,877,433 175,714,103 175,714,103
Parent Company [Member] | Treasury Stock [Member]
      
Condensed Financial Statements, Captions [Line Items]      
Balance         
Net income (loss)         
Other comprehensive income         
Share-based compensation         
Deemed dividend on Series A convertible redeemable preferred shares       
Conversion of series A convertible redeemable preferred shares into ordinary shares       
Issuance of ordinary shares upon in the initial public offering (net of commission and issuance cost of $7,862,952)       
Repurchase (494,928)    
Deconsolidation of Nanjing Daqo New Energy Co., Ltd       
Balance (494,928)      
Parent Company [Member] | Additional paid in capital [Member]
      
Condensed Financial Statements, Captions [Line Items]      
Balance 142,511,581 140,305,556 258,583
Net income (loss)         
Other comprehensive income         
Share-based compensation 2,249,834 2,206,025 1,614,756
Deemed dividend on Series A convertible redeemable preferred shares       
Conversion of series A convertible redeemable preferred shares into ordinary shares     58,899,769
Issuance of ordinary shares upon in the initial public offering (net of commission and issuance cost of $7,862,952)     79,532,448
Repurchase (5,513)    
Deconsolidation of Nanjing Daqo New Energy Co., Ltd       
Balance 144,755,902 142,511,581 140,305,556
Parent Company [Member] | Retained earnings [Member]
      
Condensed Financial Statements, Captions [Line Items]      
Balance 150,204,956 116,881,004 51,609,747
Net income (loss) (111,928,941) 33,323,952 68,571,257
Other comprehensive income         
Share-based compensation         
Deemed dividend on Series A convertible redeemable preferred shares     (3,300,000)
Conversion of series A convertible redeemable preferred shares into ordinary shares       
Issuance of ordinary shares upon in the initial public offering (net of commission and issuance cost of $7,862,952)       
Repurchase       
Deconsolidation of Nanjing Daqo New Energy Co., Ltd       
Balance 38,276,015 150,204,956 116,881,004
Parent Company [Member] | Accumulated other comprehensive income [Member]
      
Condensed Financial Statements, Captions [Line Items]      
Balance 18,444,123 6,276,868 617,298
Net income (loss)         
Other comprehensive income 2,206,182 12,167,255 5,659,570
Share-based compensation         
Deemed dividend on Series A convertible redeemable preferred shares       
Conversion of series A convertible redeemable preferred shares into ordinary shares       
Issuance of ordinary shares upon in the initial public offering (net of commission and issuance cost of $7,862,952)       
Repurchase       
Deconsolidation of Nanjing Daqo New Energy Co., Ltd (1,099,299)    
Balance $ 19,551,006 $ 18,444,123 $ 6,276,868