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Property, Plant, and Equipment - Net (Tables)
12 Months Ended
Dec. 31, 2023
Property, Plant and Equipment [Abstract]  
Summary of Property, Plant And Equipment - net

 

 

 

December 31,

 

 

 

 

2023

 

 

2022

 

 

Cost

 

 

 

 

 

 

 

Construction in progress

 

$

142,708

 

 

$

331,500

 

 

Plant and buildings

 

 

392,503

 

 

 

326,908

 

 

Machinery and equipment

 

 

550,208

 

 

 

343,724

 

 

Motor vehicles

 

 

3,972

 

 

 

4,987

 

 

Office equipment and furniture

 

 

39,501

 

 

 

28,959

 

 

Leasehold improvements

 

 

320,297

 

 

 

215,477

 

 

Land

 

 

7,020

 

 

 

7,272

 

 

Total cost

 

$

1,456,209

 

 

$

1,258,827

 

 

Less: Accumulated depreciation

 

 

 

 

 

 

 

Plant and buildings

 

$

51,538

 

 

$

39,045

 

 

Machinery and equipment

 

 

218,740

 

 

 

146,299

 

 

Motor vehicles

 

 

2,603

 

 

 

2,263

 

 

Office equipment and furniture

 

 

18,094

 

 

 

9,709

 

 

Leasehold improvements

 

 

107,292

 

 

 

67,730

 

 

Total accumulated depreciation

 

$

398,267

 

 

$

265,046

 

 

Less: Impairment

 

 

 

 

 

 

 

Machinery and equipment

 

$

51,331

 

 

$

 

 

Office equipment and furniture

 

 

1,783

 

 

 

 

 

Leasehold improvements

 

 

21,902

 

 

 

 

 

Construction in progress

 

 

3,309

 

 

 

 

 

Total impairment

 

$

78,325

 

 

$

 

 

Property, plant and equipment, net

 

$

979,617

 

 

$

993,781