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PREPAYMENTS, OTHER RECEIVABLES AND OTHER ASSETS
3 Months Ended
Mar. 31, 2025
Disclosure Of Prepayments Other Receivables And Other Assets [Abstract]  
PREPAYMENTS, OTHER RECEIVABLES AND OTHER ASSETS PREPAYMENTS, OTHER RECEIVABLES AND OTHER ASSETS
March 31,
2025
December 31,
2024
US$’000US$’000
Other collaboration receivables159,688 112,656 
Other receivables954 780 
Lease receivables44 568 
VAT recoverable5,792 4,597 
Prepayments15,562 12,374 
Total182,040 130,975 
None of the above assets is either past due or impaired. The financial assets included in the above balances relate to receivables for which there was no recent history of default. The Company estimated that the expected credit loss for the above receivables as at March 31, 2025 and December 31, 2024 is insignificant.