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CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
$ in Thousands
 12 Months Ended
Dec. 31, 2024
Dec. 31, 2023
Dec. 31, 2022
Revenues      
Revenues $ 1,029,080 $ 2,307,695 $ 4,608,350
Cost of revenues (1,242,012) (1,387,045) (1,200,428)
Gross profit (loss) (212,932) 920,650 3,407,922
Operating expenses:      
Selling, general and administrative expenses (143,089) (213,241) (354,074)
Research and development expenses (4,559) (10,116) (10,041)
Long-lived assets impairment (175,627)    
Allowance for expected credit loss 18,072    
Other operating (expense) income, net (9,813) 86,137 (3,181)
Total operating expenses, net (351,160) (137,220) (367,296)
Income (expense) from operations (564,092) 783,430 3,040,626
Interest income, net 30,223 52,302 14,473
Exchange gain (loss) (2,378) (17,367) 680
Investment income, net 18,186 109 1,110
Income (loss) before income taxes (518,061) 818,474 3,056,889
Income tax (expense) benefit 69,907 (165,588) (577,247)
Net income (loss) (448,154) 652,886 2,479,642
Net income (loss) attributable to non-controlling interest (102,939) 223,341 659,841
Net income (loss) attributable to Daqo New Energy Corp. ordinary shareholders $ (345,215) $ 429,545 $ 1,819,801
Net earnings (loss) per ordinary share      
Basic-ordinary shares $ (1.04) $ 1.15 $ 4.8
Diluted-ordinary shares $ (1.04) $ 1.15 $ 4.67
Ordinary shares used in calculating earnings per ordinary share      
Basic-ordinary shares 330,800,038 373,586,004 379,365,310
Diluted-ordinary shares 330,800,038 374,817,676 386,459,841