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CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
$ in Thousands
 12 Months Ended
Dec. 31, 2021
Dec. 31, 2020
Dec. 31, 2019
Revenues      
Revenues $ 1,678,793 $ 675,602 $ 349,991
Cost of revenues (581,585) (441,610) (269,887)
Gross profit 1,097,208 233,992 80,104
Operating (expenses) income:      
Selling, general and administrative expenses (39,904) (39,472) (32,457)
Research and development expenses (6,495) (6,856) (5,708)
Other operating income, net 609 191 5,546
Total operating expenses, net (45,790) (46,137) (32,619)
Income from operations 1,051,418 187,855 47,485
Interest expense, net (20,482) (25,725) (9,414)
Exchange (loss) gain 0 0 (186)
Investment income 4,012    
Income before income taxes 1,034,948 162,130 37,885
Income tax expense (170,101) (28,182) (9,623)
Net income from continuing operations 864,847 133,948 28,262
Income (loss) from discontinued operations, net of tax   (141) 1,261
Net income 864,847 133,807 29,523
Net (loss) income attributable to non-controlling interest 115,923 4,612 (1)
Net income attributable to Daqo New Energy Corp. ordinary shareholders $ 748,924 $ 129,195 $ 29,524
Net earnings per ordinary share      
Continuing operations $ 2.03 $ 0.36 $ 0.08
Discontinued operations   0.00 0.01
Basic-ordinary shares 2.03 0.36 0.09
Continuing operations 1.95 0.34 0.08
Discontinued operations   0.00 0.00
Diluted-ordinary shares $ 1.95 $ 0.34 $ 0.08
Ordinary shares used in calculating earnings per ordinary share      
Basic-ordinary shares 369,341,105 355,087,013 339,571,054
Diluted-ordinary shares 383,766,406 375,017,150 349,961,558