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CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
$ in Thousands
 12 Months Ended
Dec. 31, 2022
Dec. 31, 2021
Dec. 31, 2020
Revenues      
Revenues $ 4,608,350 $ 1,678,793 $ 675,602
Cost of revenues (1,200,428) (581,585) (441,610)
Gross profit 3,407,922 1,097,208 233,992
Operating (expenses) income:      
Selling, general and administrative expenses (354,074) (39,904) (39,472)
Research and development expenses (10,041) (6,495) (6,856)
Other operating income (expense), net (3,181) 609 191
Total operating expenses, net (367,296) (45,790) (46,137)
Income from operations 3,040,626 1,051,418 187,855
Interest (expense) income, net 14,473 (20,482) (25,725)
Exchange gain 680    
Investment income, net 1,110 4,012  
Income before income taxes 3,056,889 1,034,948 162,130
Income tax expense (577,247) (170,101) (28,182)
Net income from continuing operations 2,479,642 864,847 133,948
Loss from discontinued operations, net of tax     (141)
Net income 2,479,642 864,847 133,807
Net income attributable to non-controlling interest 659,841 115,923 4,612
Net income attributable to Daqo New Energy Corp. ordinary shareholders $ 1,819,801 $ 748,924 $ 129,195
Net earnings per ordinary share      
Continuing operations $ 4.80 $ 2.03 $ 0.36
Discontinued operations     0.00
Basic-ordinary shares 4.80 2.03 0.36
Continuing operations 4.67 1.95 0.34
Discontinued operations     0.00
Diluted-ordinary shares $ 4.67 $ 1.95 $ 0.34
Ordinary shares used in calculating earnings per ordinary share      
Basic-ordinary shares 379,365,310 369,341,105 355,087,013
Diluted-ordinary shares 386,459,841 383,766,406 375,017,150