v3.22.4
Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2022
Dec. 31, 2021
Current assets:    
Cash and cash equivalents $ 103,671 $ 85,011
Investments 2,049 1,977
Trade accounts receivable, net 158,397 110,539
Due from related parties 1,447 2,252
Inventories 124,997 84,975
Contract assets – current portion 12,610 18,667
Other current assets 28,963 22,854
Total current assets 432,134 326,275
Long-term assets:    
Property, plant and equipment, net 202,865 166,629
Deferred income taxes 558 596
Contract assets – non-current 8,875 11,853
Long-term trade accounts receivable 1,225 3,995
Intangible assets 2,706 3,337
Goodwill 23,561 23,561
Equity method investment 57,839 51,160
Other long-term assets 4,545 4,157
Total long-term assets 302,174 265,288
Total assets 734,308 591,563
Current liabilities:    
Short-term debt and current portion of long-term debt 504 10,700
Trade accounts payable and accrued expenses 90,186 68,087
Due to related parties 5,323 3,857
Dividends payable 3,622 3,141
Contract liability – current portion 49,601 45,213
Other current liabilities 60,566 24,017
Total current liabilities 209,802 155,015
Long-term liabilities:    
Deferred income taxes 5,190 3,417
Contract liability – non-current 11 78
Long-term debt 168,980 188,355
Total long-term liabilities 174,181 191,850
Total liabilities 383,983 346,865
SHAREHOLDERS’ EQUITY    
Preferred shares, $0.0001 par value, 1,000,000 shares authorized, 0 shares issued and outstanding at December 31, 2022 and December 31, 2021 respectively
Ordinary shares, $0.0001 par value, 100,000,000 shares authorized, 47,674,773 and 46,674,773 shares issued and outstanding at December 31, 2022 and December 31, 2021, respectively 5 5
Legal Reserves 1,458 2,273
Additional paid-in capital 219,290 219,290
Retained earnings 234,254 91,045
Accumulated other comprehensive (loss) (106,187) (68,751)
Shareholders’ equity attributable to controlling interest 348,820 243,862
Shareholders’ equity attributable to non-controlling interest 1,505 836
Total shareholders’ equity 350,325 244,698
Total liabilities and shareholders’ equity $ 734,308 $ 591,563