XML 42 R79.htm IDEA: XBRL DOCUMENT v2.4.0.8
FINANCIAL STATEMENT SCHEDULE I (STATEMENT OF OPERATIONS AND COMPREHENSIVE INCOME (LOSS)) (Details) (USD $)
 12 Months Ended
Dec. 31, 2013
Dec. 31, 2012
Dec. 31, 2011
OPERATING EXPENSES      
Research and development expenses $ (3,391,012) $ (4,130,533) $ (744,322)
Total operating expenses (174,527,577) (51,085,911) (36,471,407)
Income (loss) from operations (200,631,180) (88,517,894) 50,752,147
Interest income 149,752 990,117 1,846,956
Net income (loss) attributable to Daqo New Energy Corp. ordinary shareholders (70,943,484) (111,928,941) 33,323,952
Other comprehensive income:      
Comprehensive income (loss) attributable to Daqo New Energy Corp. shareholders (66,795,294) (109,722,759) 45,491,207
Parent Company [Member]
      
OPERATING EXPENSES      
General and administrative (2,979,454) (3,528,728) (2,355,174)
Research and development expenses (76,646) (175,242) (75,508)
Total operating expenses (3,056,100) (3,703,970) (2,430,682)
Income (loss) from operations (3,056,100) (3,703,970) (2,430,682)
Interest income 3,130 3,074 24,852
NET LOSS BEFORE SHARE OF RESULTS OF SUBSIDIARIES (3,052,970) (3,700,896) (2,405,830)
Equity in earnings (losses) of subsidiaries (67,890,514) (108,228,045) 35,729,782
Net income (loss) attributable to Daqo New Energy Corp. ordinary shareholders (70,943,484) (111,928,941) 33,323,952
Other comprehensive income:      
Foreign currency translation adjustments 4,148,190 2,206,182 12,167,255
Total other comprehensive income 4,148,190 2,206,182 12,167,255
Comprehensive income (loss) attributable to Daqo New Energy Corp. shareholders $ (66,795,294) $ (109,722,759) $ 45,491,207