XML 37 R81.htm IDEA: XBRL DOCUMENT v2.4.1.9
FINANCIAL STATEMENT SCHEDULE I (BALANCE SHEET) (Details) (USD $)
Dec. 31, 2014
Dec. 31, 2013
Dec. 31, 2012
Dec. 31, 2011
Current assets:        
Cash and cash equivalents $ 7,068,483us-gaap_CashAndCashEquivalentsAtCarryingValue $ 7,831,084us-gaap_CashAndCashEquivalentsAtCarryingValue $ 6,679,024us-gaap_CashAndCashEquivalentsAtCarryingValue $ 92,697,098us-gaap_CashAndCashEquivalentsAtCarryingValue
Prepaid expenses and other current assets 12,835,869us-gaap_PrepaidExpenseAndOtherAssetsCurrent 23,870,690us-gaap_PrepaidExpenseAndOtherAssetsCurrent    
Amount due from related party 9,986,968us-gaap_DueFromRelatedPartiesCurrent 13,416,452us-gaap_DueFromRelatedPartiesCurrent    
Total current assets 121,949,234us-gaap_AssetsCurrent 91,144,427us-gaap_AssetsCurrent    
TOTAL ASSETS 710,131,219us-gaap_Assets 610,199,543us-gaap_Assets    
Current liabilities:        
Accrued expenses and other current liabilities 8,955,663dq_AccruedExpensesAndOtherCurrentLiabilities 7,461,621dq_AccruedExpensesAndOtherCurrentLiabilities    
Amount due to related party 89,698,151us-gaap_DueToRelatedPartiesCurrent 88,537,790us-gaap_DueToRelatedPartiesCurrent    
Total current liabilities 396,067,715us-gaap_LiabilitiesCurrent 299,123,874us-gaap_LiabilitiesCurrent    
EQUITY        
Ordinary shares; $0.0001 per value 500,000,000 shares authorized as of December 31, 2013 and 2014; 175,714,103 and 225,864,103 shares issued as of December 31, 2013 and 2014, respectively and 173,427,853 and 223,577,853 shares outstanding as of December 31, 2013 and 2014, respectively 22,358us-gaap_CommonStockValueOutstanding 17,343us-gaap_CommonStockValueOutstanding    
Additional paid in capital 203,125,494us-gaap_AdditionalPaidInCapitalCommonStock 146,676,163us-gaap_AdditionalPaidInCapitalCommonStock    
Retained accumulated losses (16,018,293)us-gaap_RetainedEarningsAccumulatedDeficit (32,667,469)us-gaap_RetainedEarningsAccumulatedDeficit    
Accumulated other comprehensive income 20,037,183us-gaap_AccumulatedOtherComprehensiveIncomeLossNetOfTax 23,699,196us-gaap_AccumulatedOtherComprehensiveIncomeLossNetOfTax    
Treasury stock (398,672)us-gaap_TreasuryStockValue (398,672)us-gaap_TreasuryStockValue    
Total Daqo New Energy Corp. shareholders' equity 206,768,070us-gaap_StockholdersEquity 137,326,561us-gaap_StockholdersEquity    
TOTAL LIABILITIES AND EQUITY 710,131,219us-gaap_LiabilitiesAndStockholdersEquity 610,199,543us-gaap_LiabilitiesAndStockholdersEquity    
Ordinary shares:        
Ordinary shares, par value $ 0.0001us-gaap_CommonStockParOrStatedValuePerShare $ 0.0001us-gaap_CommonStockParOrStatedValuePerShare    
Ordinary shares, shares authorized 500,000,000us-gaap_CommonStockSharesAuthorized 500,000,000us-gaap_CommonStockSharesAuthorized    
Ordinary shares, shares issued 225,864,103us-gaap_CommonStockSharesIssued 175,714,103us-gaap_CommonStockSharesIssued    
Ordinary shares, shares outstanding 223,577,853us-gaap_CommonStockSharesOutstanding 173,427,853us-gaap_CommonStockSharesOutstanding    
Parent Company [Member]        
Current assets:        
Cash and cash equivalents 4,493,150us-gaap_CashAndCashEquivalentsAtCarryingValue
/ dei_LegalEntityAxis
= us-gaap_ParentCompanyMember
5,187,046us-gaap_CashAndCashEquivalentsAtCarryingValue
/ dei_LegalEntityAxis
= us-gaap_ParentCompanyMember
5,669,834us-gaap_CashAndCashEquivalentsAtCarryingValue
/ dei_LegalEntityAxis
= us-gaap_ParentCompanyMember
3,291,387us-gaap_CashAndCashEquivalentsAtCarryingValue
/ dei_LegalEntityAxis
= us-gaap_ParentCompanyMember
Prepaid expenses and other current assets 204,682us-gaap_PrepaidExpenseAndOtherAssetsCurrent
/ dei_LegalEntityAxis
= us-gaap_ParentCompanyMember
177,487us-gaap_PrepaidExpenseAndOtherAssetsCurrent
/ dei_LegalEntityAxis
= us-gaap_ParentCompanyMember
   
Amount due from related party 5,110,085us-gaap_DueFromRelatedPartiesCurrent
/ dei_LegalEntityAxis
= us-gaap_ParentCompanyMember
5,110,085us-gaap_DueFromRelatedPartiesCurrent
/ dei_LegalEntityAxis
= us-gaap_ParentCompanyMember
   
Total current assets 9,807,917us-gaap_AssetsCurrent
/ dei_LegalEntityAxis
= us-gaap_ParentCompanyMember
10,474,618us-gaap_AssetsCurrent
/ dei_LegalEntityAxis
= us-gaap_ParentCompanyMember
   
Investments in subsidiaries, net 197,571,399us-gaap_InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures
/ dei_LegalEntityAxis
= us-gaap_ParentCompanyMember
127,203,565us-gaap_InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures
/ dei_LegalEntityAxis
= us-gaap_ParentCompanyMember
   
TOTAL ASSETS 207,379,316us-gaap_Assets
/ dei_LegalEntityAxis
= us-gaap_ParentCompanyMember
137,678,183us-gaap_Assets
/ dei_LegalEntityAxis
= us-gaap_ParentCompanyMember
   
Current liabilities:        
Accrued expenses and other current liabilities 324,720dq_AccruedExpensesAndOtherCurrentLiabilities
/ dei_LegalEntityAxis
= us-gaap_ParentCompanyMember
351,622dq_AccruedExpensesAndOtherCurrentLiabilities
/ dei_LegalEntityAxis
= us-gaap_ParentCompanyMember
   
Amount due to related party 286,526us-gaap_DueToRelatedPartiesCurrent
/ dei_LegalEntityAxis
= us-gaap_ParentCompanyMember
      
Total current liabilities 611,246us-gaap_LiabilitiesCurrent
/ dei_LegalEntityAxis
= us-gaap_ParentCompanyMember
351,622us-gaap_LiabilitiesCurrent
/ dei_LegalEntityAxis
= us-gaap_ParentCompanyMember
   
EQUITY        
Ordinary shares; $0.0001 per value 500,000,000 shares authorized as of December 31, 2013 and 2014; 175,714,103 and 225,864,103 shares issued as of December 31, 2013 and 2014, respectively and 173,427,853 and 223,577,853 shares outstanding as of December 31, 2013 and 2014, respectively 22,358us-gaap_CommonStockValueOutstanding
/ dei_LegalEntityAxis
= us-gaap_ParentCompanyMember
17,343us-gaap_CommonStockValueOutstanding
/ dei_LegalEntityAxis
= us-gaap_ParentCompanyMember
   
Additional paid in capital 203,125,494us-gaap_AdditionalPaidInCapitalCommonStock
/ dei_LegalEntityAxis
= us-gaap_ParentCompanyMember
146,676,163us-gaap_AdditionalPaidInCapitalCommonStock
/ dei_LegalEntityAxis
= us-gaap_ParentCompanyMember
   
Retained accumulated losses (16,018,293)us-gaap_RetainedEarningsAccumulatedDeficit
/ dei_LegalEntityAxis
= us-gaap_ParentCompanyMember
(32,667,469)us-gaap_RetainedEarningsAccumulatedDeficit
/ dei_LegalEntityAxis
= us-gaap_ParentCompanyMember
   
Accumulated other comprehensive income 20,037,183us-gaap_AccumulatedOtherComprehensiveIncomeLossNetOfTax
/ dei_LegalEntityAxis
= us-gaap_ParentCompanyMember
23,699,196us-gaap_AccumulatedOtherComprehensiveIncomeLossNetOfTax
/ dei_LegalEntityAxis
= us-gaap_ParentCompanyMember
   
Treasury stock (398,672)us-gaap_TreasuryStockValue
/ dei_LegalEntityAxis
= us-gaap_ParentCompanyMember
(398,672)us-gaap_TreasuryStockValue
/ dei_LegalEntityAxis
= us-gaap_ParentCompanyMember
   
Total Daqo New Energy Corp. shareholders' equity 206,768,070us-gaap_StockholdersEquity
/ dei_LegalEntityAxis
= us-gaap_ParentCompanyMember
137,326,561us-gaap_StockholdersEquity
/ dei_LegalEntityAxis
= us-gaap_ParentCompanyMember
   
TOTAL LIABILITIES AND EQUITY $ 207,379,316us-gaap_LiabilitiesAndStockholdersEquity
/ dei_LegalEntityAxis
= us-gaap_ParentCompanyMember
$ 137,678,183us-gaap_LiabilitiesAndStockholdersEquity
/ dei_LegalEntityAxis
= us-gaap_ParentCompanyMember
   
Ordinary shares:        
Ordinary shares, par value $ 0.0001us-gaap_CommonStockParOrStatedValuePerShare
/ dei_LegalEntityAxis
= us-gaap_ParentCompanyMember
$ 0.0001us-gaap_CommonStockParOrStatedValuePerShare
/ dei_LegalEntityAxis
= us-gaap_ParentCompanyMember
   
Ordinary shares, shares authorized 500,000,000us-gaap_CommonStockSharesAuthorized
/ dei_LegalEntityAxis
= us-gaap_ParentCompanyMember
500,000,000us-gaap_CommonStockSharesAuthorized
/ dei_LegalEntityAxis
= us-gaap_ParentCompanyMember
   
Ordinary shares, shares issued 240,714,103us-gaap_CommonStockSharesIssued
/ dei_LegalEntityAxis
= us-gaap_ParentCompanyMember
175,714,103us-gaap_CommonStockSharesIssued
/ dei_LegalEntityAxis
= us-gaap_ParentCompanyMember
   
Ordinary shares, shares outstanding 223,577,853us-gaap_CommonStockSharesOutstanding
/ dei_LegalEntityAxis
= us-gaap_ParentCompanyMember
173,427,853us-gaap_CommonStockSharesOutstanding
/ dei_LegalEntityAxis
= us-gaap_ParentCompanyMember