v3.26.1
Note to Condensed Consolidated Statements of Cash Flows
6 Months Ended
Jun. 30, 2026
Note to Condensed Consolidated Statements of Cash Flows  
Note to Condensed Consolidated Statements of Cash Flows

21.  Note to Condensed Consolidated Statements of Cash Flows

Reconciliation of net income for the period to net cash generated from/(used in) operating activities:

 

Six Months Ended June 30, 

  ​ ​ ​

2026

  ​ ​ ​

2025

(in US$000)

Net income

16,242

455,555

Adjustments to reconcile net income to net cash generated from/(used in) operating activities

Depreciation and amortization

7,072

6,118

Impairment of an intangible asset

8,941

Share-based compensation expense — share options

971

1,552

Share-based compensation expense — LTIP

3,991

7,691

Equity in earnings of equity investees, net of tax

(3,798)

(23,125)

Dilution loss of investment in ImageneBio, Inc.

1,107

Gain from divestment of an equity investee

(477,456)

Dividends received from SHPL

13,343

6,987

Changes in right-of-use assets

(4,187)

685

Other adjustments

(1,564)

1,921

Changes in operating assets and liabilities

Accounts receivable

9,197

8,596

Other receivables, prepayments and deposits

323

(4,943)

Amounts due from related parties

(764)

204

Inventories

222

2,095

Accounts payable

(11,887)

1,204

Other payables and accruals

(5,202)

(37,433)

Lease liabilities

3,720

(904)

Amounts due to related parties

(638)

142

Deferred revenue

(23,917)

(22,718)

Others

(949)

935

Total changes in operating assets and liabilities

(29,895)

(52,822)

Net cash generated from/(used in) operating activities

12,223

(72,894)