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Daqo New Energy Corp   (DQ)
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    Sector  Technology    Industry Semiconductors
   Industry Semiconductors
   Sector  Technology


Daqo New Energy 's ROA from the fourth quarter of 2022 to the fourth quarter of 2021 and 5 Year Period

Return on Assets, Quarterly Results, Trends, Rankings, Statistics


What is Daqo New Energy 's ROA in the fourth quarter of 2022?
Daqo New Energy Corp achieved a return on average assets (ROA) of 32.72 % in its fourth quarter of 2022, this is above DQ's average return on assets of 12.97%.
Daqo New Energy Corp s assets during the 12 months ending in the fourth quarter of 2022 are valued at $7 billion

ROA has improved compared to 13.27% in the third quarter of 2022, due to net income growth.

However, within the Technology sector 11 other companies had a higher return on assets. While return on assets, the total ranking has deteriorated compared to the third quarter of 2022 from to 118.

What is ROA?


Return On Assets (Dec 31 2022)
IV. Quarter
0
III. Quarter
0
II. Quarter
0
I. Quarter
(Dec 31 2021)
IV. Quarter
Y / Y Total Assets Change 126.62 % 126.62 % 126.62 % 126.62 % 169.84 %
Y / Y Net Income Change 186.71 % - - - 546.34 %
Net Income (TTM) in million 2,480 865 865 865 865
Return On Assets (TTM) 32.72 % 13.27 % 15.84 % 19.65 % 25.87 %
DQ's Total Ranking # 118 # # # # 224
Total Assets (TTM) in million 7,577 7,577 7,577 7,577 3,344
Seq. Total Assets Change 0 % 0 % 0 % 126.62 % 0 %
Seq. Net Income Change - - - - -



Return On Assets Company Ranking
Within: No.
Industry # 2
Sector # 12
Overall # 113

Return On Assets Statistics
High Average Low
32.65 %
12.97 %
1.97 %
(Dec 31 2022)   (Dec 31 2015)





Financial Statements
Daqo New Energy 's Assets $ 7,577 million DQ's Balance sheet
Daqo New Energy 's Income $ 2,480 million Quarterly DQ's Income Statement
DQ's Income by Division See DQ's Income by Division



Annual Return On Assets (Dec 31 2022)
FY 2022
(Dec 31 2021)
FY 2021
(Dec 31 2020)
FY 2020
(Dec 31 2019)
FY 2019
(Dec 31 2018)
FY 2018
Y / Y Total Assets Change 126.62 % 169.84 % 3.15 % 40.52 % 14.22 %
Total Assets in million 7,577 3,344 1,239 1,201 855
Y / Y Net Income Change 186.71 % 546.34 % 353.22 % -23.84 % -58.7 %
Net Income in million 2,480 865 134 30 39
Return On Assets 32.72 % 25.87 % 10.8 % 2.46 % 4.53 %




Comment on DQ's ROA in the fiscal year ending 2022
In the fiscal year 2022 ROA improved to 32.72 % compared to prior year, due to annual net income growth of 186.71 % to $2,479.64 million, while value of Daqo New Energy 's overall assets grew just by 126.62 % to $7,577.23 million, compared to $7,577.23 a year before.


More Return On Assets Ratios
DQ's' Return on Assets at Yahoo Finance
Semiconductors Industry Return On Assets Trends and Statistics
Technology Sector Roa Statistics
Roa Trends for overall market
DQ's Roa Ratio versus Semiconductors Industry, Technology Sector and overall Market
Highest Ranking Return On Assets
Lowest Ranking Return On Assets
Roa for DQ's Competitors
Roa for Daqo New Energy 's Suppliers
Return On Assets for DQ's Customers

You may also want to know
DQ's Roi DQ's Inventory Turnover Ratio DQ's Growth Rates DQ's Dividend Comparisons
DQ's Profitability Ratios DQ's Asset Turnover Ratio DQ's Dividend Growth
DQ's Roe DQ's Valuation Ratios DQ's Financial Strength Ratios DQ's Dividend Payout Ratio



Companies with similar Return On Assets at Dec 31 2022, within Technology Sector ROA
Senseonics Holdings Inc   78.54 %
Foresight Autonomous Holdings Ltd   65.90 %
Light and Wonder Inc   55.41 %
Verisign Inc  37.36 %
Intchains Group Limited  37.27 %
Ubiquiti Inc   36.56 %
Texas Instruments Incorporated  33.89 %
Daqo New Energy Corp   32.65 %
Kaltura Inc   32.41 %
Clearone Inc  31.19 %
Maris tech Ltd   27.60 %
Kla Corporation  27.52 %
Nve Corp  27.51 %
Koss Corporation  27.50 %
Apple Inc   27.46 %
Shoals Technologies Group Inc   27.29 %
Qualcomm Inc  24.74 %
Wireless Telecom Group Inc   24.73 %
Manhattan Associates Inc   24.44 %
Applied Materials Inc  24.27 %
Lattice Semiconductor Corp  23.73 %
Marketwise Inc   23.52 %
Monolithic Power Systems Inc  23.37 %
Clearfield Inc   23.17 %
Nvidia Corp  22.90 %
Macom Technology Solutions Holdings Inc   22.89 %
Presto Automation inc   22.51 %
Arista Networks inc   21.75 %
Avid Technology Inc   21.72 %
Corecard Corporation  21.26 %


Date modified: 2023-04-28T08:01:00+00:00


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