10-K Filing

ACM RESEARCH, INC. CIK: 1680062 FY 2022

Filing Information

Form Type	10-K
Accession Number	`0001140361-23-009508`
Period End Date	20221231
Filing Date	20230302
Fiscal Year	2022
Fiscal Period	FY
XBRL Instance	brhc10048521_10k_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 95 Income Statement 88 Cash Flow Statement 173 Stockholders Equity 34

Balance Sheet 95 line items

Line Item	Tag	Value	Unit	Period
Stock split ratio	`StockholdersEquityNoteStockSplitConversionRatio1`	3.00	pure	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$247.95M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$71.77M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$562.55M	USD	Point-in-time
Restricted cash	`RestrictedCashCurrent`	-	USD	Point-in-time
Restricted cash	`RestrictedCashCurrent`	$519.00K	USD	Point-in-time
Restricted cash	`RestrictedCashCurrent`	$500.00K	USD	Point-in-time
Short-term time deposits (note 2)	`DepositsAssetsCurrent`	$70.49M	USD	Point-in-time
Short-term time deposits (note 2)	`DepositsAssetsCurrent`	-	USD	Point-in-time
Trading securities (note 16)	`MarketableSecuritiesCurrent`	$29.50M	USD	Point-in-time
Trading securities (note 16)	`MarketableSecuritiesCurrent`	$20.21M	USD	Point-in-time
Accounts receivable (note 4)	`AccountsReceivableNetCurrent`	$182.94M	USD	Point-in-time
Accounts receivable (note 4)	`AccountsReceivableNetCurrent`	$105.55M	USD	Point-in-time
Income tax receivable	`IncomeTaxesReceivable`	-	USD	Point-in-time
Income tax receivable	`IncomeTaxesReceivable`	$1.08M	USD	Point-in-time
Other receivables	`OtherReceivablesNetCurrent`	$29.62M	USD	Point-in-time
Other receivables	`OtherReceivablesNetCurrent`	$18.98M	USD	Point-in-time
Inventories (note 5)	`InventoryNet`	$393.17M	USD	Point-in-time
Inventories (note 5)	`InventoryNet`	$218.12M	USD	Point-in-time
Advances to related party (note 17)	`RelatedPartyTransactionPrepaidExpenseFromRelatedParty`	$2.38M	USD	Point-in-time
Advances to related party (note 17)	`RelatedPartyTransactionPrepaidExpenseFromRelatedParty`	$3.32M	USD	Point-in-time
Prepaid expenses	`PrepaidExpenseCurrent`	$15.61M	USD	Point-in-time
Prepaid expenses	`PrepaidExpenseCurrent`	$14.26M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$963.81M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$952.93M	USD	Point-in-time
Property, plant and equipment, net (note 6)	`PropertyPlantAndEquipmentNet`	$82.88M	USD	Point-in-time
Property, plant and equipment, net (note 6)	`PropertyPlantAndEquipmentNet`	$14.04M	USD	Point-in-time
Land use right, net (note 7)	`LandUseRightNet`	$8.69M	USD	Point-in-time
Land use right, net (note 7)	`LandUseRightNet`	$9.67M	USD	Point-in-time
Operating lease right-of-use assets, net (note 11)	`OperatingLeaseRightOfUseAsset`	$2.49M	USD	Point-in-time
Operating lease right-of-use assets, net (note 11)	`OperatingLeaseRightOfUseAsset`	$4.18M	USD	Point-in-time
Intangible assets, net	`FiniteLivedIntangibleAssetsNet`	$1.25M	USD	Point-in-time
Intangible assets, net	`FiniteLivedIntangibleAssetsNet`	$477.00K	USD	Point-in-time
Long-term time deposits (note 2)	`DepositsAssetsNoncurrent`	$101.96M	USD	Point-in-time
Long-term time deposits (note 2)	`DepositsAssetsNoncurrent`	-	USD	Point-in-time
Deferred tax assets (note 20)	`DeferredIncomeTaxAssetsNet`	$6.70M	USD	Point-in-time
Deferred tax assets (note 20)	`DeferredIncomeTaxAssetsNet`	$13.17M	USD	Point-in-time
Long-term investments (note 14)	`LongTermInvestments`	$12.69M	USD	Point-in-time
Long-term investments (note 14)	`LongTermInvestments`	$17.46M	USD	Point-in-time
Other long-term assets (note 8)	`OtherAssetsNoncurrent`	$45.02M	USD	Point-in-time
Other long-term assets (note 8)	`OtherAssetsNoncurrent`	$50.27M	USD	Point-in-time
Total assets	`Assets`	$1.24B	USD	Point-in-time
Total assets	`Assets`	$1.05B	USD	Point-in-time
Short-term borrowings (note 9)	`ShortTermBorrowings`	$9.59M	USD	Point-in-time
Short-term borrowings (note 9)	`ShortTermBorrowings`	$56.00M	USD	Point-in-time
Current portion of long-term borrowings (note 12)	`LongTermDebtCurrent`	$2.32M	USD	Point-in-time
Current portion of long-term borrowings (note 12)	`LongTermDebtCurrent`	$2.41M	USD	Point-in-time
Related party accounts payable (note 17)	`AccountsPayableRelatedPartiesCurrent`	$7.90M	USD	Point-in-time
Related party accounts payable (note 17)	`AccountsPayableRelatedPartiesCurrent`	$14.47M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$101.73M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$93.45M	USD	Point-in-time
Advances from customers	`ContractWithCustomerLiabilityCurrent`	$52.82M	USD	Point-in-time
Advances from customers	`ContractWithCustomerLiabilityCurrent`	$153.77M	USD	Point-in-time
Deferred revenue	`DeferredIncomeCurrent`	$3.18M	USD	Point-in-time
Deferred revenue	`DeferredIncomeCurrent`	$4.17M	USD	Point-in-time
Income taxes payable (note 20)	`AccruedIncomeTaxesCurrent`	$3.47M	USD	Point-in-time
Income taxes payable (note 20)	`AccruedIncomeTaxesCurrent`	$254.00K	USD	Point-in-time
FIN-48 payable (note 20)	`IncomeTaxesCurrentPayableAndDeferredTaxLiabilities`	$6.69M	USD	Point-in-time
FIN-48 payable (note 20)	`IncomeTaxesCurrentPayableAndDeferredTaxLiabilities`	$2.28M	USD	Point-in-time
Other payables and accrued expenses (note 10)	`OtherAccountsPayableAndAccruedLiabilities`	$31.73M	USD	Point-in-time
Other payables and accrued expenses (note 10)	`OtherAccountsPayableAndAccruedLiabilities`	$52.20M	USD	Point-in-time
Current portion of operating lease liability (note 11)	`OperatingLeaseLiabilityCurrent`	$1.38M	USD	Point-in-time
Current portion of operating lease liability (note 11)	`OperatingLeaseLiabilityCurrent`	$2.31M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$205.94M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$396.21M	USD	Point-in-time
Long-term borrowings (note 12)	`LongTermDebtNoncurrent`	$22.96M	USD	Point-in-time
Long-term borrowings (note 12)	`LongTermDebtNoncurrent`	$18.69M	USD	Point-in-time
Long-term operating lease liability (note 11)	`OperatingLeaseLiabilityNoncurrent`	$1.87M	USD	Point-in-time
Long-term operating lease liability (note 11)	`OperatingLeaseLiabilityNoncurrent`	$1.11M	USD	Point-in-time
Deferred tax liability (note 20)	`DeferredIncomeTaxLiabilitiesNet`	$1.30M	USD	Point-in-time
Deferred tax liability (note 20)	`DeferredIncomeTaxLiabilitiesNet`	-	USD	Point-in-time
Other long-term liabilities (note 13)	`OtherLiabilitiesNoncurrent`	$7.32M	USD	Point-in-time
Other long-term liabilities (note 13)	`OtherLiabilitiesNoncurrent`	$8.45M	USD	Point-in-time
Total liabilities	`Liabilities`	$240.51M	USD	Point-in-time
Total liabilities	`Liabilities`	$423.33M	USD	Point-in-time
Commitments and contingencies (note 21)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and contingencies (note 21)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$604.09M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$595.04M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$94.43M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$63.73M	USD	Point-in-time
Statutory surplus reserve (note 23)	`StatutoryAccountingPracticesStatutoryCapitalAndSurplusBalance`	$16.88M	USD	Point-in-time
Statutory surplus reserve (note 23)	`StatutoryAccountingPracticesStatutoryCapitalAndSurplusBalance`	$8.31M	USD	Point-in-time
Accumulated other comprehensive income (loss)	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$9.11M	USD	Point-in-time
Accumulated other comprehensive income (loss)	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-40.55M	USD	Point-in-time
Total ACM Research, Inc. stockholders' equity	`StockholdersEquity`	$674.86M	USD	Point-in-time
Total ACM Research, Inc. stockholders' equity	`StockholdersEquity`	$676.20M	USD	Point-in-time
Non-controlling interests	`MinorityInterest`	$137.31M	USD	Point-in-time
Non-controlling interests	`MinorityInterest`	$135.46M	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$811.66M	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$208.17M	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$812.17M	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$97.32M	USD	Point-in-time
Total liabilities and equity	`LiabilitiesAndStockholdersEquity`	$1.24B	USD	Point-in-time
Total liabilities and equity	`LiabilitiesAndStockholdersEquity`	$1.05B	USD	Point-in-time

Income Statement 88 line items

Line Item	Tag	Value	Unit	Period
Revenue (note 3)	`RevenueFromContractWithCustomerExcludingAssessedTax`	$259.75M	USD	Annual
Revenue (note 3)	`RevenueFromContractWithCustomerExcludingAssessedTax`	$156.62M	USD	Annual
Revenue (note 3)	`RevenueFromContractWithCustomerExcludingAssessedTax`	$388.83M	USD	Annual
Stock split ratio	`StockholdersEquityNoteStockSplitConversionRatio1`	3.00	pure	Point-in-time
Cost of revenue	`CostOfRevenue`	$87.03M	USD	Annual
Cost of revenue	`CostOfRevenue`	$205.22M	USD	Annual
Cost of revenue	`CostOfRevenue`	$144.90M	USD	Annual
Gross profit	`GrossProfit`	$183.62M	USD	Annual
Gross profit	`GrossProfit`	$114.86M	USD	Annual
Gross profit	`GrossProfit`	$69.60M	USD	Annual
Sales and marketing	`SellingAndMarketingExpense`	$16.77M	USD	Annual
Sales and marketing	`SellingAndMarketingExpense`	$39.89M	USD	Annual
Sales and marketing	`SellingAndMarketingExpense`	$26.73M	USD	Annual
Research and development	`ResearchAndDevelopmentExpense`	$34.21M	USD	Annual
Research and development	`ResearchAndDevelopmentExpense`	$62.23M	USD	Annual
Research and development	`ResearchAndDevelopmentExpense`	$19.12M	USD	Annual
General and administrative	`GeneralAndAdministrativeExpense`	$22.46M	USD	Annual
General and administrative	`GeneralAndAdministrativeExpense`	$15.21M	USD	Annual
General and administrative	`GeneralAndAdministrativeExpense`	$12.21M	USD	Annual
Total operating expenses	`OperatingExpenses`	$48.11M	USD	Annual
Total operating expenses	`OperatingExpenses`	$124.58M	USD	Annual
Total operating expenses	`OperatingExpenses`	$76.15M	USD	Annual
Income from operations	`OperatingIncomeLoss`	$38.70M	USD	Annual
Income from operations	`OperatingIncomeLoss`	$59.03M	USD	Annual
Income from operations	`OperatingIncomeLoss`	$21.49M	USD	Annual
Interest income	`InvestmentIncomeInterest`	$505.00K	USD	Annual
Interest income	`InvestmentIncomeInterest`	$8.74M	USD	Annual
Interest income	`InvestmentIncomeInterest`	$897.00K	USD	Annual
Interest expense	`InterestExpense`	$1.66M	USD	Annual
Interest expense	`InterestExpense`	$982.00K	USD	Annual
Interest expense	`InterestExpense`	$765.00K	USD	Annual
Change in fair value of financial liability	`IncreaseDecreaseInFinancialLiabilityCarriedAtFairValue`	$11.96M	USD	Annual
Change in fair value of financial liability	`IncreaseDecreaseInFinancialLiabilityCarriedAtFairValue`	-	USD	Annual
Change in fair value of financial liability	`IncreaseDecreaseInFinancialLiabilityCarriedAtFairValue`	-	USD	Annual
Realized gain from sale of trading securities	`MarketableSecuritiesRealizedGainLossExcludingOtherThanTemporaryImpairments`	-	USD	Annual
Realized gain from sale of trading securities	`MarketableSecuritiesRealizedGainLossExcludingOtherThanTemporaryImpairments`	$1.12M	USD	Annual
Realized gain from sale of trading securities	`MarketableSecuritiesRealizedGainLossExcludingOtherThanTemporaryImpairments`	-	USD	Annual
Unrealized gain (loss) on trading securities	`MarketableSecuritiesUnrealizedGainLoss`	$12.57M	USD	Annual
Unrealized gain (loss) on trading securities	`MarketableSecuritiesUnrealizedGainLoss`	$607.00K	USD	Annual
Unrealized gain (loss) on trading securities	`MarketableSecuritiesUnrealizedGainLoss`	$-7.86M	USD	Annual
Other income (expense), net	`OtherNonoperatingIncomeExpense`	$-3.38M	USD	Annual
Other income (expense), net	`OtherNonoperatingIncomeExpense`	$-631.00K	USD	Annual
Other income (expense), net	`OtherNonoperatingIncomeExpense`	$3.31M	USD	Annual
Equity income in net income of affiliates	`IncomeLossFromEquityMethodInvestments`	$655.00K	USD	Annual
Equity income in net income of affiliates	`IncomeLossFromEquityMethodInvestments`	$4.64M	USD	Annual
Equity income in net income of affiliates	`IncomeLossFromEquityMethodInvestments`	$4.67M	USD	Annual
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$19.30M	USD	Annual
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$67.36M	USD	Annual
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$43.05M	USD	Annual
Income tax benefit (expense) (note 20)	`IncomeTaxExpenseBenefit`	$16.80M	USD	Annual
Income tax benefit (expense) (note 20)	`IncomeTaxExpenseBenefit`	$134.00K	USD	Annual
Income tax benefit (expense) (note 20)	`IncomeTaxExpenseBenefit`	$-2.38M	USD	Annual
Net income	`ProfitLoss`	$42.92M	USD	Annual
Net income	`ProfitLoss`	$21.68M	USD	Annual
Net income	`ProfitLoss`	$50.56M	USD	Annual
Less: Net income attributable to non-controlling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$5.16M	USD	Annual
Less: Net income attributable to non-controlling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$2.90M	USD	Annual
Less: Net income attributable to non-controlling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$11.30M	USD	Annual
Net income attributable to ACM Research, Inc.	`NetIncomeLoss`	$18.78M	USD	Annual
Net income attributable to ACM Research, Inc.	`NetIncomeLoss`	$37.76M	USD	Annual
Net income attributable to ACM Research, Inc.	`NetIncomeLoss`	$39.26M	USD	Annual
Net income	`ProfitLoss`	$21.68M	USD	Annual
Net income	`ProfitLoss`	$50.56M	USD	Annual
Net income	`ProfitLoss`	$42.92M	USD	Annual
Foreign currency translation adjustment, net of tax	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$10.49M	USD	Annual
Foreign currency translation adjustment, net of tax	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$4.70M	USD	Annual
Foreign currency translation adjustment, net of tax	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-59.10M	USD	Annual
Comprehensive income (loss)	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$47.62M	USD	Annual
Comprehensive income (loss)	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$-8.54M	USD	Annual
Comprehensive income (loss)	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$32.17M	USD	Annual
Less: Comprehensive income (loss) attributable to non-controlling interests	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$5.61M	USD	Annual
Less: Comprehensive income (loss) attributable to non-controlling interests	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$1.85M	USD	Annual
Less: Comprehensive income (loss) attributable to non-controlling interests	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$6.86M	USD	Annual
Comprehensive income (loss) attributable to ACM Research, Inc.	`ComprehensiveIncomeNetOfTax`	$25.31M	USD	Annual
Comprehensive income (loss) attributable to ACM Research, Inc.	`ComprehensiveIncomeNetOfTax`	$-10.39M	USD	Annual
Comprehensive income (loss) attributable to ACM Research, Inc.	`ComprehensiveIncomeNetOfTax`	$42.01M	USD	Annual
Basic (in dollars per share)	`EarningsPerShareBasic`	$0.66	USD	Annual
Basic (in dollars per share)	`EarningsPerShareBasic`	$0.65	USD	Annual
Basic (in dollars per share)	`EarningsPerShareBasic`	$0.34	USD	Annual
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.30	USD	Annual
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.59	USD	Annual
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.58	USD	Annual
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	57.65M	shares	Annual
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	54.70M	shares	Annual
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	59.24M	shares	Annual
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	63.55M	shares	Annual
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	65.36M	shares	Annual
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	65.34M	shares	Annual

Cash Flow Statement 173 line items

Line Item	Tag	Value	Unit	Period
Net income	`ProfitLoss`	$50.56M	USD	Annual
Net income	`ProfitLoss`	$42.92M	USD	Annual
Net income	`ProfitLoss`	$21.68M	USD	Annual
Depreciation and amortization	`DepreciationAndAmortization`	$5.37M	USD	Annual
Depreciation and amortization	`DepreciationAndAmortization`	$1.05M	USD	Annual
Depreciation and amortization	`DepreciationAndAmortization`	$2.35M	USD	Annual
Loss on disposals of property, plant and equipment	`GainLossOnSaleOfPropertyPlantEquipment`	-	USD	Annual
Loss on disposals of property, plant and equipment	`GainLossOnSaleOfPropertyPlantEquipment`	$-25.00K	USD	Annual
Loss on disposals of property, plant and equipment	`GainLossOnSaleOfPropertyPlantEquipment`	$12.00K	USD	Annual
Realized gain on trading securities	`MarketableSecuritiesRealizedGainLossExcludingOtherThanTemporaryImpairments`	-	USD	Annual
Realized gain on trading securities	`MarketableSecuritiesRealizedGainLossExcludingOtherThanTemporaryImpairments`	$1.12M	USD	Annual
Realized gain on trading securities	`MarketableSecuritiesRealizedGainLossExcludingOtherThanTemporaryImpairments`	-	USD	Annual
Equity income in net income of affiliates	`IncomeLossFromEquityMethodInvestments`	$4.64M	USD	Annual
Equity income in net income of affiliates	`IncomeLossFromEquityMethodInvestments`	$4.67M	USD	Annual
Equity income in net income of affiliates	`IncomeLossFromEquityMethodInvestments`	$655.00K	USD	Annual
Unrealized loss (gain) on trading securities	`MarketableSecuritiesUnrealizedGainLoss`	$607.00K	USD	Annual
Unrealized loss (gain) on trading securities	`MarketableSecuritiesUnrealizedGainLoss`	$-7.86M	USD	Annual
Unrealized loss (gain) on trading securities	`MarketableSecuritiesUnrealizedGainLoss`	$12.57M	USD	Annual
Deferred income taxes	`DeferredIncomeTaxesAndTaxCredits`	$4.03M	USD	Annual
Deferred income taxes	`DeferredIncomeTaxesAndTaxCredits`	$-1.84M	USD	Annual
Deferred income taxes	`DeferredIncomeTaxesAndTaxCredits`	$-4.08M	USD	Annual
Stock-based compensation	`ShareBasedCompensation`	$5.12M	USD	Annual
Stock-based compensation	`ShareBasedCompensation`	$5.63M	USD	Annual
Stock-based compensation	`ShareBasedCompensation`	$7.73M	USD	Annual
Change in fair value of financial liability	`ChangeInFairValueOfFinancialLiability`	-	USD	Annual
Change in fair value of financial liability	`ChangeInFairValueOfFinancialLiability`	-	USD	Annual
Change in fair value of financial liability	`ChangeInFairValueOfFinancialLiability`	$11.96M	USD	Annual
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$22.09M	USD	Annual
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$47.62M	USD	Annual
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$88.66M	USD	Annual
Income tax recoverable	`IncreaseDecreaseInIncomeTaxesReceivable`	-	USD	Annual
Income tax recoverable	`IncreaseDecreaseInIncomeTaxesReceivable`	-	USD	Annual
Income tax recoverable	`IncreaseDecreaseInIncomeTaxesReceivable`	$1.08M	USD	Annual
Other receivables	`IncreaseDecreaseInOtherReceivables`	$7.33M	USD	Annual
Other receivables	`IncreaseDecreaseInOtherReceivables`	$6.88M	USD	Annual
Other receivables	`IncreaseDecreaseInOtherReceivables`	$8.42M	USD	Annual
Inventories	`IncreaseDecreaseInInventories`	$127.66M	USD	Annual
Inventories	`IncreaseDecreaseInInventories`	$40.77M	USD	Annual
Inventories	`IncreaseDecreaseInInventories`	$193.31M	USD	Annual
Advances to related party (note 17)	`IncreaseDecreaseInAdvancesToRelatedParty`	$939.00K	USD	Annual
Advances to related party (note 17)	`IncreaseDecreaseInAdvancesToRelatedParty`	$776.00K	USD	Annual
Advances to related party (note 17)	`IncreaseDecreaseInAdvancesToRelatedParty`	$1.26M	USD	Annual
Prepaid expenses	`IncreaseDecreaseInPrepaidExpense`	$3.69M	USD	Annual
Prepaid expenses	`IncreaseDecreaseInPrepaidExpense`	$2.26M	USD	Annual
Prepaid expenses	`IncreaseDecreaseInPrepaidExpense`	$9.83M	USD	Annual
Other long-term assets	`IncreaseDecreaseInOtherNoncurrentAssets`	$99.00K	USD	Annual
Other long-term assets	`IncreaseDecreaseInOtherNoncurrentAssets`	$-3.99M	USD	Annual
Other long-term assets	`IncreaseDecreaseInOtherNoncurrentAssets`	$4.52M	USD	Annual
Related party accounts payable (note 17)	`IncreaseDecreaseInAccountsPayableRelatedParty`	$6.57M	USD	Annual
Related party accounts payable (note 17)	`IncreaseDecreaseInAccountsPayableRelatedParty`	$3.81M	USD	Annual
Related party accounts payable (note 17)	`IncreaseDecreaseInAccountsPayableRelatedParty`	$2.88M	USD	Annual
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$18.40M	USD	Annual
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$17.50M	USD	Annual
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$61.41M	USD	Annual
Advances from customers	`IncreaseDecreaseInContractWithCustomerLiability`	$8.58M	USD	Annual
Advances from customers	`IncreaseDecreaseInContractWithCustomerLiability`	$104.26M	USD	Annual
Advances from customers	`IncreaseDecreaseInContractWithCustomerLiability`	$34.83M	USD	Annual
Deferred revenue	`IncreaseDecreaseInDeferredRevenue`	$994.00K	USD	Annual
Deferred revenue	`IncreaseDecreaseInDeferredRevenue`	$226.00K	USD	Annual
Deferred revenue	`IncreaseDecreaseInDeferredRevenue`	$-3.14M	USD	Annual
Income taxes payable	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$2.20M	USD	Annual
Income taxes payable	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$-83.00K	USD	Annual
Income taxes payable	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$3.24M	USD	Annual
FIN-48 payable	`IncreaseDecreaseInPayableAndDeferredTaxLiabilities`	$4.40M	USD	Annual
FIN-48 payable	`IncreaseDecreaseInPayableAndDeferredTaxLiabilities`	$10.55M	USD	Annual
FIN-48 payable	`IncreaseDecreaseInPayableAndDeferredTaxLiabilities`	$5.24M	USD	Annual
Other payables and accrued expenses	`IncreaseDecreaseInOtherAccountsPayableAndAccruedLiabilities`	$23.41M	USD	Annual
Other payables and accrued expenses	`IncreaseDecreaseInOtherAccountsPayableAndAccruedLiabilities`	$3.18M	USD	Annual
Other payables and accrued expenses	`IncreaseDecreaseInOtherAccountsPayableAndAccruedLiabilities`	$1.34M	USD	Annual
Other long-term liabilities	`IncreaseDecreaseInOtherNoncurrentLiabilities`	$310.00K	USD	Annual
Other long-term liabilities	`IncreaseDecreaseInOtherNoncurrentLiabilities`	$-2.36M	USD	Annual
Other long-term liabilities	`IncreaseDecreaseInOtherNoncurrentLiabilities`	$3.56M	USD	Annual
Net cash used in operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-40.09M	USD	Annual
Net cash used in operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-62.19M	USD	Annual
Net cash used in operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-13.55M	USD	Annual
Purchase of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$5.21M	USD	Annual
Purchase of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$91.09M	USD	Annual
Purchase of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$9.15M	USD	Annual
Purchase of intangible assets	`PaymentsToAcquireIntangibleAssets`	$1.43M	USD	Annual
Purchase of intangible assets	`PaymentsToAcquireIntangibleAssets`	$559.00K	USD	Annual
Purchase of intangible assets	`PaymentsToAcquireIntangibleAssets`	$324.00K	USD	Annual
Purchase of land-use-right	`PaymentsToAcquireOfLandUseRight`	-	USD	Annual
Purchase of land-use-right	`PaymentsToAcquireOfLandUseRight`	-	USD	Annual
Purchase of land-use-right	`PaymentsToAcquireOfLandUseRight`	$9.74M	USD	Annual
Purchase of trading securities	`PaymentsToAcquireMarketableSecurities`	$4.28M	USD	Annual
Purchase of trading securities	`PaymentsToAcquireMarketableSecurities`	-	USD	Annual
Purchase of trading securities	`PaymentsToAcquireMarketableSecurities`	$15.02M	USD	Annual
Prepayment for property	`PrePaymentForProperty`	-	USD	Annual
Prepayment for property	`PrePaymentForProperty`	-	USD	Annual
Prepayment for property	`PrePaymentForProperty`	$40.21M	USD	Annual
Increase of time deposits	`IncreaseDecreaseOfTimeDeposits`	$172.45M	USD	Annual
Increase of time deposits	`IncreaseDecreaseOfTimeDeposits`	-	USD	Annual
Increase of time deposits	`IncreaseDecreaseOfTimeDeposits`	-	USD	Annual
Proceeds from selling trading securities	`ProceedsFromSaleAndMaturityOfMarketableSecurities`	$4.58M	USD	Annual
Proceeds from selling trading securities	`ProceedsFromSaleAndMaturityOfMarketableSecurities`	-	USD	Annual
Proceeds from selling trading securities	`ProceedsFromSaleAndMaturityOfMarketableSecurities`	-	USD	Annual
Investments in affiliates	`PaymentsToAcquireInterestInSubsidiariesAndAffiliates`	-	USD	Annual
Investments in affiliates	`PaymentsToAcquireInterestInSubsidiariesAndAffiliates`	$1.57M	USD	Annual
Investments in affiliates	`PaymentsToAcquireInterestInSubsidiariesAndAffiliates`	$1.00M	USD	Annual
Dividends from unconsolidated affiliates	`ProceedsFromEquityMethodInvestmentDividendsOrDistributionsReturnOfCapital`	$555.00K	USD	Annual
Dividends from unconsolidated affiliates	`ProceedsFromEquityMethodInvestmentDividendsOrDistributionsReturnOfCapital`	-	USD	Annual
Dividends from unconsolidated affiliates	`ProceedsFromEquityMethodInvestmentDividendsOrDistributionsReturnOfCapital`	-	USD	Annual
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-265.67M	USD	Annual
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-11.28M	USD	Annual
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-69.95M	USD	Annual
Proceeds from short-term borrowings	`ProceedsFromShortTermDebt`	$22.88M	USD	Annual
Proceeds from short-term borrowings	`ProceedsFromShortTermDebt`	$32.57M	USD	Annual
Proceeds from short-term borrowings	`ProceedsFromShortTermDebt`	$56.00M	USD	Annual
Repayments of short-term borrowings	`RepaymentsOfLinesOfCredit`	$39.81M	USD	Annual
Repayments of short-term borrowings	`RepaymentsOfLinesOfCredit`	$20.23M	USD	Annual
Repayments of short-term borrowings	`RepaymentsOfLinesOfCredit`	$9.22M	USD	Annual
Proceeds from long-term borrowings	`ProceedsFromIssuanceOfLongTermDebt`	$7.06M	USD	Annual
Proceeds from long-term borrowings	`ProceedsFromIssuanceOfLongTermDebt`	-	USD	Annual
Proceeds from long-term borrowings	`ProceedsFromIssuanceOfLongTermDebt`	$19.70M	USD	Annual
Repayments of long-term borrowings	`RepaymentsOfLongTermBorrowing`	$129.00K	USD	Annual
Repayments of long-term borrowings	`RepaymentsOfLongTermBorrowing`	$2.13M	USD	Annual
Repayments of long-term borrowings	`RepaymentsOfLongTermBorrowing`	$2.22M	USD	Annual
Repayments of notes payable	`RepaymentsOfNotesPayable`	-	USD	Annual
Repayments of notes payable	`RepaymentsOfNotesPayable`	$1.82M	USD	Annual
Repayments of notes payable	`RepaymentsOfNotesPayable`	-	USD	Annual
Proceeds from exercise of stock options	`ProceedsFromStockOptionsExercised`	$3.43M	USD	Annual
Proceeds from exercise of stock options	`ProceedsFromStockOptionsExercised`	$2.75M	USD	Annual
Proceeds from exercise of stock options	`ProceedsFromStockOptionsExercised`	$1.31M	USD	Annual
Proceeds from a subsidiary equity issuance, net of issuance costs	`ProceedsFromSubsidiaryEquityIssuanceNetOfIssuanceCosts`	-	USD	Annual
Proceeds from a subsidiary equity issuance, net of issuance costs	`ProceedsFromSubsidiaryEquityIssuanceNetOfIssuanceCosts`	-	USD	Annual
Proceeds from a subsidiary equity issuance, net of issuance costs	`ProceedsFromSubsidiaryEquityIssuanceNetOfIssuanceCosts`	$545.51M	USD	Annual
Proceeds from warrant exercise to common stock	`ProceedsFromWarrantExercises`	-	USD	Annual
Proceeds from warrant exercise to common stock	`ProceedsFromWarrantExercises`	-	USD	Annual
Proceeds from warrant exercise to common stock	`ProceedsFromWarrantExercises`	$1.82M	USD	Annual
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$538.77M	USD	Annual
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$32.83M	USD	Annual
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$45.87M	USD	Annual
Effect of exchange rate changes on cash, cash equivalents and restricted cash	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$3.91M	USD	Annual
Effect of exchange rate changes on cash, cash equivalents and restricted cash	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$4.57M	USD	Annual
Effect of exchange rate changes on cash, cash equivalents and restricted cash	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$-32.62M	USD	Annual
Net increase (decrease) in cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$491.30M	USD	Annual
Net increase (decrease) in cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-46.09M	USD	Annual
Net increase (decrease) in cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-314.62M	USD	Annual
Cash, cash equivalents and restricted cash at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$248.45M	USD	Point-in-time
Cash, cash equivalents and restricted cash at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$71.77M	USD	Point-in-time
Cash, cash equivalents and restricted cash at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$117.86M	USD	Point-in-time
Cash, cash equivalents and restricted cash at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$563.07M	USD	Point-in-time
Cash, cash equivalents and restricted cash at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$117.86M	USD	Point-in-time
Cash, cash equivalents and restricted cash at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$563.07M	USD	Point-in-time
Cash, cash equivalents and restricted cash at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$71.77M	USD	Point-in-time
Cash, cash equivalents and restricted cash at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$248.45M	USD	Point-in-time
Interest paid, net of capitalized interest	`InterestPaidNet`	$1.66M	USD	Annual
Interest paid, net of capitalized interest	`InterestPaidNet`	$765.00K	USD	Annual
Interest paid, net of capitalized interest	`InterestPaidNet`	$982.00K	USD	Annual
Cash paid for income taxes	`IncomeTaxesPaidNet`	$3.59M	USD	Annual
Cash paid for income taxes	`IncomeTaxesPaidNet`	$4.97M	USD	Annual
Cash paid for income taxes	`IncomeTaxesPaidNet`	$1.13M	USD	Annual
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$247.95M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$71.77M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$562.55M	USD	Point-in-time
Restricted cash	`RestrictedCashCurrent`	-	USD	Point-in-time
Restricted cash	`RestrictedCashCurrent`	$519.00K	USD	Point-in-time
Restricted cash	`RestrictedCashCurrent`	$500.00K	USD	Point-in-time
Warrant conversion to common stock	`WarrantConversionToCommonStock`	$399.00K	USD	Annual
Warrant conversion to common stock	`WarrantConversionToCommonStock`	-	USD	Annual
Warrant conversion to common stock	`WarrantConversionToCommonStock`	-	USD	Annual
Share cancellation	`ShareCancellation`	-	USD	Annual
Share cancellation	`ShareCancellation`	$9.71M	USD	Annual
Share cancellation	`ShareCancellation`	-	USD	Annual
Cashless exercise of stock options	`CashlessExerciseOfStockOptions`	$137.00K	USD	Annual
Cashless exercise of stock options	`CashlessExerciseOfStockOptions`	$221.00K	USD	Annual
Cashless exercise of stock options	`CashlessExerciseOfStockOptions`	-	USD	Annual
Issuance of warrant for settlement of financial liability and cancellation of note receivable	`IssuanceOfWarrantForSettlementOfFinancialLiability`	-	USD	Annual
Issuance of warrant for settlement of financial liability and cancellation of note receivable	`IssuanceOfWarrantForSettlementOfFinancialLiability`	-	USD	Annual
Issuance of warrant for settlement of financial liability and cancellation of note receivable	`IssuanceOfWarrantForSettlementOfFinancialLiability`	$19.86M	USD	Annual
Transfer of prepayment for property to property, plant and equipment	`TransferOfPrepaymentForPropertyToPropertyPlantAndEquipment`	-	USD	Annual
Transfer of prepayment for property to property, plant and equipment	`TransferOfPrepaymentForPropertyToPropertyPlantAndEquipment`	-	USD	Annual
Transfer of prepayment for property to property, plant and equipment	`TransferOfPrepaymentForPropertyToPropertyPlantAndEquipment`	$41.50M	USD	Annual

Stockholders Equity 34 line items

Line Item	Tag	Value	Unit	Period
Stock split ratio	`StockholdersEquityNoteStockSplitConversionRatio1`	3.00	pure	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$811.66M	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$208.17M	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$812.17M	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$97.32M	USD	Point-in-time
Net income	`ProfitLoss`	$50.56M	USD	Annual
Net income	`ProfitLoss`	$42.92M	USD	Annual
Net income	`ProfitLoss`	$21.68M	USD	Annual
Net income	`NetIncomeExcludingRedeemableNonControllingInterest`	$21.03M	USD	Annual
Appropriation to statutory surplus reserves	`AppropriationToStatutorySurplusReserves`	-	USD	Annual
Appropriation to statutory surplus reserves	`AppropriationToStatutorySurplusReserves`	-	USD	Annual
Appropriation to statutory surplus reserves	`AppropriationToStatutorySurplusReserves`	-	USD	Annual
Foreign currency translation adjustment	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$-59.10M	USD	Annual
Foreign currency translation adjustment	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$4.70M	USD	Annual
Foreign currency translation adjustment	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$11.34M	USD	Annual
Exercise of stock options	`StockIssuedDuringPeriodValueStockOptionsExercised`	$3.43M	USD	Annual
Exercise of stock options	`StockIssuedDuringPeriodValueStockOptionsExercised`	$2.75M	USD	Annual
Exercise of stock options	`StockIssuedDuringPeriodValueStockOptionsExercised`	$1.31M	USD	Annual
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$7.73M	USD	Annual
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$5.63M	USD	Annual
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$5.12M	USD	Annual
Conversion of Class B common stock to Class A common stock	`StockIssuedDuringPeriodValueConversionOfUnits`	-	USD	Annual
Conversion of Class B common stock to Class A common stock	`StockIssuedDuringPeriodValueConversionOfUnits`	-	USD	Annual
Conversion of Class B common stock to Class A common stock	`StockIssuedDuringPeriodValueConversionOfUnits`	-	USD	Annual
Share cancellation	`StockRepurchasedAndRetiredDuringPeriodValue`	$9.71M	USD	Annual
Issuance of warrants (note 15)	`AdjustmentsToAdditionalPaidInCapitalWarrantIssued`	$19.86M	USD	Annual
Exercise of warrants	`StockIssuedDuringPeriodValueCommonStockWarrantExercised`	$1.82M	USD	Annual
Exercise of warrants	`StockIssuedDuringPeriodValueCommonStockWarrantExercised`	-	USD	Annual
Reclassification of redeemable non-controlling interest	`ReclassificationOfRedeemableNonControllingInterest`	$59.96M	USD	Annual
Proceeds from a subsidiary equity issuance, net of issuance costs	`SubsidiaryEquityIssuedDuringPeriodValueNetOfIssuanceCosts`	$545.51M	USD	Annual
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$811.66M	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$208.17M	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$812.17M	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$97.32M	USD	Point-in-time

Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.