Note 9 - Long-term Investments

12 Months Ended

Dec. 31, 2014

Equity Method Investments and Joint Ventures [Abstract]

Equity Method Investments and Joint Ventures Disclosure [Text Block]

9. Long-term investments

	As of December 31,
	2014		2013
	US$(’000)		US$(’000)
Equity method investments:
Investment in equity method investees		806		760
Advance to equity method investees		85		85
		891		845
Cost method investments:
Investment in cost method investees		18		-
Total long-term investments		909		845

As of December 31, 2014 and 2013, the Company beneficially owned 23.18% and 25.5% equity interest in Shenzhen Mingshan and Zhao Shang Ke Hubei, respectively. The Company accounts for its investments in these companies under equity method of accounting. The following table summarizes the movement of the investments in equity method investees for the two years then ended December 31, 2014:

	Shenzhen Mingshan			Zhao Shang Ke Hubei			Total
	US$(’000)			US$(’000)			US$(’000)
Balance as of December 31, 2012		492			467			959
Share of losses in equity method investees		(40	)		(143	)		(183	)
Advance to equity method investees		-			41			41
Exchange translation adjustment		14			14			28
Balance as of December 31, 2013		466			379			845
Share of (loss)/income in equity method investees		(4	)		51			47
Exchange translation adjustment		(1	)		-			(1	)
Balance as of December 31, 2014		461			430			891

For the years ended December 31, 2014 and 2013, the Company recognized its pro-rata shares of loss in Shenzhen Mingshan of approximately US$4,000 and US$40,000, respectively.

For the years ended December 31, 2014 and 2013, the Company recognized its pro-rata share of income in Zhao Shang Ke Hubei of approximately US$51,000 and its pro-rata share of loss in Zhao Shang Ke Hubei of US$143,000, respectively.

For the year ended December 31, 2014, the Company invested approximately US$18,000 in Beijing Saturday, a company incorporated in the PRC, which is primarily engaged in children’s playground operation management and franchise business. The Company beneficially owns 10% of Beijing Saturday’s equity interest and accounts for this investment under cost method. For the year ended December 31, 2014, the Company did not receive any distribution of earnings from Beijing Saturday.