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Consolidated Balance Sheets - USD ($)
Dec. 31, 2016
Dec. 31, 2015
Current assets    
Cash and cash equivalents $ 79,431,000 $ 31,941,000
Short-term investments 24,270,000 0
Accounts receivable—third parties 40,812,000 33,346,000
Accounts receivable, related parties 4,223,000 1,869,000
Other receivables, prepayments and deposits 4,314,000 3,258,000
Amounts due from related parties 1,136,000 9,293,000
Inventories 12,822,000 9,555,000
Deferred tax assets 372,000 250,000
Total current assets 167,380,000 89,512,000
Property, plant and equipment, net 9,954,000 8,507,000
Leasehold land 1,220,000 1,343,000
Goodwill 3,137,000 3,332,000
Other intangible asset 469,000 571,000
Long ‑ term prepayment 1,771,000 2,132,000
Deferred costs for initial public offering in the United States   4,446,000
Investments in equity investees 158,506,000 119,756,000
Total assets 342,437,000 229,599,000
Current liabilities    
Accounts payable—third parties 30,383,000 20,565,000
Accounts payable—related parties 5,155,000 3,521,000
Other payables, accruals and advance receipts 31,990,000 26,177,000
Deferred revenue 962,000 1,171,000
Amounts due to related parties 5,308,000 6,243,000
Short-term bank borrowings 19,957,000 23,077,000
Deferred tax liabilities 1,364,000 308,000
Total current liabilities 95,119,000 81,062,000
Deferred tax liabilities 3,997,000 3,415,000
Long-term bank borrowings 26,830,000 26,768,000
Deferred revenue 2,039,000 3,498,000
Other deferred income 2,263,000 2,132,000
Other non‑current liabilities 8,129,000 10,447,000
Total liabilities 138,377,000 127,322,000
Commitments and contingencies
Company’s shareholders’ equity    
Ordinary shares; $1.00 par value; 75,000,000 shares authorized; 60,705,823 and 56,533,118 shares issued at December 31, 2016 and 2015 60,706,000 56,533,000
Additional paid-in capital 208,196,000 113,848,000
Accumulated losses (80,357,000) (92,040,000)
Accumulated other comprehensive (loss)/income (4,275,000) 5,015,000
Total Company’s shareholders’ equity 184,270,000 83,356,000
Non-controlling interests 19,790,000 18,921,000
Total shareholders’ equity 204,060,000 102,277,000
Total liabilities and shareholders’ equity $ 342,437,000 $ 229,599,000