XML 41 R31.htm IDEA: XBRL DOCUMENT v3.22.1
Segment Information
12 Months Ended
Dec. 31, 2021
Segment Reporting [Abstract]  
SEGMENT INFORMATION

24. SEGMENT INFORMATION

Operating segments are defined as components of an enterprise engaging in businesses activities for which separate financial information is available that is regularly evaluated by the Group’s chief operating decision makers (“CODM”) in deciding how to allocate resources and assess performance. The Group’s CODM has been identified as the Chief Executive Officer (“CEO”), who reviews consolidated results including revenue, gross profit and operating profit at a consolidated level only and does not distinguish between products for the purpose of making decisions about resources allocation and performance assessment. As such, the Group concluded that it has one operating segment and one reporting segment.

Long-lived assets, classified by major geographic regions are as follows.

Geographic regions

 

December 31,
2020

 

December 31,
2021

   

Amount

 

%

 

Amount

 

%

PRC

 

198,921

 

94

%

 

211,139

 

79

%

Asia & Pacific

 

198,921

 

94

%

 

211,139

 

79

%

Germany

 

12,747

 

6

%

 

21,966

 

8

%

United Kingdom

 

120

 

0

%

 

67

 

0

%

Europe

 

12,867

 

6

%

 

22,033

 

8

%

United States

 

230

 

0

%

 

33,893

 

13

%

Total

 

212,018

 

100

%

 

267,065

 

100

%

Disaggregation of revenue

Revenues, classified by major geographic regions in which the Group’s customers are located are as follows

Geographic regions

 

Year ended
December 31,
2019

 

Year ended
December 31,
2020

 

Year ended
December 31,
2021

   

Amount

 

%

 

Amount

 

%

 

Amount

 

%

PRC

 

49,346

 

64

%

 

66,160

 

62

%

 

93,326

 

61

%

India

 

4,988

 

7

%

 

8,570

 

8

%

 

17,805

 

12

%

Russia

 

3,673

 

5

%

 

5,671

 

5

%

 

12,213

 

8

%

Other countries

 

7,430

 

10

%

 

2,254

 

2

%

 

8,172

 

5

%

Asia & Pacific

 

65,437

 

86

%

 

82,655

 

77

%

 

131,516

 

86

%

United Kingdom

 

668

 

1

%

 

11,544

 

11

%

 

11,386

 

7

%

Other countries

 

10,011

 

13

%

 

12,770

 

12

%

 

8,156

 

6

%

Europe

 

10,679

 

14

%

 

24,314

 

23

%

 

19,542

 

13

%

Other

 

318

 

0

%

 

549

 

0

%

 

918

 

1

%

Total

 

76,434

 

100

%

 

107,518

 

100

%

 

151,976

 

100

%