Condensed Consolidated Balance Sheets - USD ($) $ in Thousands	Sep. 30, 2023	Dec. 31, 2022
Current assets:
Cash and cash equivalents (note 2)	$ 207,101	$ 247,951
Restricted cash	560	500
Short-term time deposits (note 2)	75,651	70,492
Short-term investments (note 15)	21,844	20,209
Accounts receivable, net (note 4)	248,477	182,936
Inventories, net (note 5)	507,431	393,172
Prepaid expenses	17,540	15,607
Total current assets	1,115,894	963,806
Property, plant and equipment, net (note 6)	190,882	82,875
Land use right, net (note 7)	8,299	8,692
Operating lease right-of-use assets, net (note 11)	7,184	2,489
Intangible assets, net	2,163	1,255
Long-term time deposits (note 2)	43,183	101,956
Deferred tax assets (note 19)	16,486	6,703
Long-term investments (note 14)	22,306	17,459
Other long-term assets (note 8)	3,851	50,265
Total assets	1,410,248	1,235,500
Current liabilities:
Other payables and accrued expenses (note 10)	80,400	52,201
Advances from customers	191,393	153,773
Current portion of operating lease liabilities (note 11)	2,876	1,382
Deferred revenue	4,747	4,174
Short-term borrowings (note 9)	33,911	56,004
Current portion of long-term borrowings (note 12)	6,717	2,322
Income taxes payable (note 19)	11,061	3,469
FIN-48 payable (note 19)	6,487	6,686
Total current liabilities	481,951	396,214
Long-term borrowings (note 12)	39,753	18,687
Long-term operating lease liabilities (note 11)	4,308	1,107
Other long-term liabilities (note 13)	6,106	7,321
Total liabilities	532,118	423,329
Commitments and contingencies (note 20)
Equity:
Additional paid-in capital	620,210	604,089
Retained earnings	152,306	94,426
Statutory surplus reserve (note 22)	16,881	16,881
Accumulated other comprehensive loss	(60,354)	(40,546)
Total ACM Research, Inc. stockholders’ equity	729,050	674,856
Non-controlling interests	149,080	137,315
Total equity	878,130	812,171
Total liabilities and equity	1,410,248	1,235,500
Related Party
Current assets:
Other receivables	1,164	3,322
Current liabilities:
Accounts payable	7,684	14,468
Nonrelated Party
Current assets:
Other receivables	36,126	29,617
Current liabilities:
Accounts payable	136,675	101,735
Class A Common Stock
Equity:
Common stock	6	5
Class B Common Stock
Equity:
Common stock	$ 1	$ 1