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Consolidated Statements of Comprehensive Income (Loss) - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
Statement of Comprehensive Income [Abstract]      
Sales (note 23) $ 448,269 $ 1,492,761 $ 19,374,904
Cost of sales 181,516 684,456 1,072,221
Gross profit 266,753 808,305 18,302,683
Selling, general and administrative expenses (including rent expenses incurred to related parties of 2023 - $778, 2022 - $819, 2021 - $851) (note 13(b)) 466,324 823,543 591,167
Provision for doubtful accounts 2,638 4,268 2,967
Research and development expenses 344,515 442,108 155,040
- Loss on disposal and impairment of property, plant and equipment (note 8) 78,720 5,213 977
Government grants recognized in income (22,423) (760) (725)
Total operating expenses 869,774 1,274,372 749,426
Operating income (loss) (603,021) (466,067) 17,553,257
Interest and financing expenses - (including interest expenses incurred t to a related party, 2023 - $173, 2022 - $354, 2021 - $916) (note 13(a)) (2,260) (1,264) (2,836)
Interest income 85,114 190,818 102,568
Other income (expense), net 367,133 301,751 (89,948)
Income (loss) before income taxes (153,034) 25,238 17,563,041
Income tax recovery (expense) (note 15) (105,321) 62,893 (3,104,130)
Net income (loss) (258,355) 88,131 14,458,911
Less: (Income) loss attributable to non-controlling interests 158,437 25,735 (5,991,431)
Net income (loss) attributable to shareholders of Sinovac (99,918) 113,866 8,467,480
Preferred stock dividends (5,982) (5,982) (5,982)
Net income (loss) attributable to common shareholders of Sinovac (105,900) 107,884 8,461,498
Other comprehensive income (loss), net of tax of nil      
Foreign currency translation adjustments (280,426) (859,045) 193,098
Unrealized gain/(loss) 65,900 0 0
Comprehensive income (loss) (472,881) (770,914) 14,652,009
Less: comprehensive (income) loss attributable to non-controlling interests 266,184 370,882 (6,073,832)
Comprehensive income/loss attributable to shareholders of Sinovac $ (206,697) $ (400,032) $ 8,578,177
Earnings/loss per share (note 22)      
Basic net income (loss) per share $ (1.06) $ 1.08 $ 85.20
Diluted net income (loss) per share $ (1.06) $ 1.00 $ 74.27
Weighted average number of shares of common stock outstanding      
– Basic 99,607,574 99,502,243 99,311,551
– Diluted 99,607,574 114,172,782 114,005,983