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Segment information
 12 Months Ended
Dec. 31, 2021
Segment Information  
Segment information

 

26.Segment information

 

For the year ended December 31, 2021, there are three operating segments: (1) EV business, (2) renewable energy solutions business and (3) solar projects development business. The Group’s CODM assess the performance of each segments based on revenue, cost of sales and total assets. Other than the information provided below, the CODM does not use any other measures by segments.

 

The Group have reflected this change in all historical periods presented. Summarized information by segments for the years ended December 31, 2021, 2020 and 2019 is as follows:

 

                         
   For the year ended December 31, 2021 
   Renewable energy solutions   Solar projects development   Electric vehicles   Others   Total 
   USD   USD   USD   USD   USD 
Revenues from external customers  $152,166   $5,481   $2,977   $1,369   $161,993 
Cost of sales   142,441    2,133    3,540    3,259    151,373 
Gross profit (loss)  $9,725   $3,348   $(563)  $(1,890)  $10,620 

 

   For the year ended December 31, 2020 
   Renewable energy solutions   Solar projects development   Electric vehicles   Others   Total 
   USD   USD   USD   USD   USD 
Revenues from external customers  $112,442   $24,423   $377   $1,386   $138,628 
Cost of sales   104,022    19,314    479    (2,042)   121,773 
Gross profit (loss)  $8,420   $5,109   $(102)  $3,428   $16,855 

 

   For the year ended December 31, 2019 
   Renewable energy solutions   Solar projects development   Electric vehicles   Others   Total 
   USD   USD   USD   USD   USD 
Revenues from external customers  $80,941   $10,096   $–   $6,846   $97,883 
Cost of sales   75,439    9,307    –    5,947    90,693 
Gross profit (loss)  $5,502   $789   $–   $899   $7,190 

 

          
   As of December 31, 
   2021   2020 
   USD   USD 
Segment assets          
Renewable energy solutions  $52,946   $43,567 
Solar projects development   144,852    63,092 
Electric vehicles   17,738    29,367 
Others   12,544    81,007 
Total segment assets  $228,080   $217,033 

 

 

 

Total long-lived assets excluding financial instruments, intangible assets, long-term investment and goodwill by country were as follows:

 

          
   As of December 31, 
   2021   2020 
   USD   USD 
Australia  $577   $916 
United States   37,021    26,929 
Japan   1,414    1,556 
Italy   1,749    2,042 
United Kingdom   9,477    10,251 
Greece   15,404    17,433 
Total long-lived assets  $65,642   $59,127