v3.25.4
Segment Information
12 Months Ended
Dec. 31, 2024
Segment Reporting [Abstract]  
Segment Information
17.
Segment Information
There was no segment information to be disclosed for the years ended December 31, 2019, 2020, 2021, 2022, 2023 and 2024, respectively. A
summary of operations income (loss), net income (loss) and long-lived assets by geographical areas is as follows:
 
Year ended December 31,
  
2019
   
2020
   
2021
   
2022
   
2023
   
2024
 
    
(’000)
   
(’000)
   
(’000)
   
(’000)
   
(’000)
   
(’000)
 
Operations income within:
            
- PRC, excluding Hong Kong:
   $ 2,965     $ 71,206     $ 62,362     $ 50,088     $ 83,205     $ 29,185  
  
 
 
   
 
 
   
 
 
   
 
 
   
 
 
   
 
 
 
Net income (loss) within:
            
- PRC, excluding Hong Kong
   $ (8,364   $ 25,062     $ (25,948   $ (27,234   $ (11,059   $ (21,098
- Hong Kong
     (4,827     (9,369     (27,485     (25,630     (39,389     50,244  
  
 
 
   
 
 
   
 
 
   
 
 
   
 
 
   
 
 
 
Total net income (loss)
   $ (13,191   $ 15,693     $ (53,433   $ (52,864   $ (50,448   $ 29,146  
  
 
 
   
 
 
   
 
 
   
 
 
   
 
 
   
 
 
 
 
As of December 31,
  
2020
    
2021
    
2022
    
2023
    
2024
 
    
(’000)
    
(’000)
    
(’000)
    
(’000)
    
(’000)
 
Long-lived assets by geographical area:
              
- Real estate properties under development in PRC, excluding Hong Kong
   $ 190,492      $ 184,603      $ 174,692      $ 180,514      $ 191,549  
- Property, plant and equipment in PRC, excluding Hong Kong
     26,389        25,475        21,718        20,447        16,250  
- Hong Kong
     179        —         —         —         6  
- Real estate properties held for lease in PRC, excluding Hong Kong
     92,207        170,422        151,598        143,692        135,428  
- Right of use assets in PRC, excluding Hong Kong
     9,511        92        37        —         —   
- Hong Kong
     184        —         —         —         —   
  
 
 
    
 
 
    
 
 
    
 
 
    
 
 
 
Total long-lived assets
   $ 318,962      $ 380,592      $ 348,045      $ 344,653      $ 343,233