Lease obligations (Tables)

12 Months Ended

Dec. 31, 2024

Lease expense

		Years ended December 31,
		2024				2023
		US$’000				US$’000

Operating lease cost			187				76
Short-term lease cost			8				220
Total lease cost			195				296

Supplemental consolidated balance sheet information related to leases

		December 31,
		2024				2023
		US$’000				US$’000

Operating leases
Operating lease right-of-use assets			101				233
Current portion of long-term operating lease obligations			83				170
Long-term operating lease obligations, net of current maturities			9				44
			92				214

Weighted average remaining lease term
Operating leases		3 months				3 months

Weighted average discount rate
Operating leases			5	%			5.45	%

Supplemental consolidated cash flow information related to leases

		Years ended December 31,
		2024				2023
		US$’000				US$’000

Cash paid for amounts included in the measurement of lease liabilities:

Operating cash flows from operating leases			173				285
Right-of-use assets obtained in exchange for lease obligations (noncash):
Operating leases			-				-

Maturities of lease liabilities

		Operating leases
		US$’000

Year ending December 31,
2025			77
2026			17
Total lease payments			94
Less: imputed interest			(2	)
Total			92

ZHEJIANG TIANLAN

Lease expense

		Years ended December 31,
		2024				2023
		RMB’000				RMB’000

Operating lease cost:
Amortization of right-of-use assets			141				-
Interest on lease liabilities included under cost of revenue and selling and administrative expenses			16				-
Total operating lease cost			157				-

Supplemental consolidated balance sheet information related to leases

		December 31,
		2024				2023
		RMB’000				RMB’000

Operating leases
Right-of-use assets, at cost			2,529				-
Accumulated amortization			(141	)			-

Right-of-use assets, net			2,388				-

Current portion of operating lease			563				-
Non-current portion of operating lease			1,542
Total operating lease liabilities			2,105				-

Weighted average remaining lease term
operating leases		33 months					-

Weighted average discount rate
Operating leases			3.6	%			-

Supplemental consolidated cash flow information related to leases

		Years ended December 31,
		2024				2023
		RMB’000				RMB’000

Cash paid for amounts included in the measurement of lease liabilities:

Finance cash flows from operating leases			440				-
Right-of-use assets obtained in exchange for lease obligations (noncash):
Operating leases			-				-