XML 105 R80.htm IDEA: XBRL DOCUMENT v3.7.0.1
FINANCIAL STATEMENT SCHEDULE I (STATEMENT OF OPERATIONS AND COMPREHENSIVE INCOME (LOSS)) (Details) - USD ($)
 12 Months Ended
Dec. 31, 2016
Dec. 31, 2015
Dec. 31, 2014
OPERATING EXPENSES      
Research and development $ (4,001,438) $ (923,664) $ (1,486,978)
Total operating expenses (14,978,848) (11,325,195) (11,228,385)
Income from operations 65,449,670 26,224,690 32,034,956
Interest income 407,996 493,995 324,118
Exchange gain (7,422) 640,678 (55,792)
Income tax expense (7,358,089) (1,137,821)
Net income attributable to Daqo New Energy Corp. ordinary shareholders 43,493,756 12,956,889 16,649,176
Other comprehensive (loss) income:      
Comprehensive income attributable to Daqo New Energy Corp. shareholders 25,991,623 1,700,019 12,987,163
Parent Company [Member]      
OPERATING EXPENSES      
General and administrative (3,175,482) (4,142,634) (2,738,085)
Research and development (12,310)
Total operating expenses (3,175,482) (4,142,634) (2,750,395)
Income from operations (3,175,482) (4,142,634) (2,750,395)
Interest income 1,641 8,144
Exchange gain 118,679
Income tax expense (108,992)
Other income
NET LOSS BEFORE SHARE OF RESULTS OF SUBSIDIARIES (3,175,482) (4,131,306) (2,742,251)
Equity in earnings of subsidiaries 46,669,238 17,088,195 19,391,427
Net income attributable to Daqo New Energy Corp. ordinary shareholders 43,493,756 12,956,889 16,649,176
Other comprehensive (loss) income:      
Foreign currency translation adjustments (17,502,133) (11,256,870) (3,662,013)
Total other comprehensive loss (17,502,133) (11,256,870) (3,662,013)
Comprehensive income attributable to Daqo New Energy Corp. shareholders $ 25,991,623 $ 1,700,019 $ 12,987,163