XML 123 R111.htm IDEA: XBRL DOCUMENT v3.24.1.u1
Condensed Financial Information of the Parent Company - Schedule of Statements of Cash Flows (Details) - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
Operating activities      
Net income (loss) attributable to shareholders of Sinovac $ (99,918) $ 113,866 $ 8,467,480
Adjustments to reconcile net loss to net cash provided by (used in) operating activities:      
- Share-based compensation 0 0 7,735
Changes in:      
- Prepaid expenses and other receivables 3,265 22,519 (143,324)
- Accrued expenses and other payables 109,430 (86,860) 720,858
Financing activities      
- Proceeds from issuance of common stock, net of share issuance costs 676 0 1,033
Investing activities      
Cash and cash equivalents, beginning of year 4,278,124 11,608,855  
Cash and cash equivalents, end of year 1,270,131 4,278,124 11,608,855
Parent Company      
Operating activities      
Net income (loss) attributable to shareholders of Sinovac (99,918) 113,866 8,467,480
Adjustments to reconcile net loss to net cash provided by (used in) operating activities:      
- Share-based compensation 0 0 7,735
Equity earnings of subsidiaries, net of tax 91,318 (122,500) (8,482,286)
Changes in:      
- Amount due from subsidiaries 8,366 (40) 62,686
- Prepaid expenses and other receivables 150 1,176 795
- Amount due to subsidiaries 3,539 (2,573) 507
- Accrued expenses and other payables (1,084) (11,162) 11,544
Net cash (used in) provided by operating activities 2,371 (21,233) 68,461
Financing activities      
- Proceeds from issuance of common stock, net of share issuance costs 676 0 1,032
Net cash provided by financing activities 676 0 1,032
Investing activities      
- Purchase of short-term investments (97,936) 0 0
Net cash provided by investing activities (97,936) 0 0
(Decrease) increase in cash and cash equivalents (94,889) (21,233) 69,493
Cash and cash equivalents, beginning of year 104,926 126,159 56,666
Cash and cash equivalents, end of year $ 10,037 $ 104,926 $ 126,159