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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2021
Dec. 31, 2020
Current assets:    
Cash and cash equivalents $ 78,796 $ 71,766
Trading securities (note 15) 27,003 28,239
Accounts receivable, less allowance for doubtful accounts of $0 as of March 31, 2021 and December 31, 2020 (note 4) 60,394 56,441
Other receivables 11,216 9,679
Inventories (note 5) 103,226 88,639
Prepaid expenses 5,917 5,892
Total current assets 286,552 260,656
Property, plant and equipment, net (note 6) 8,772 8,192
Land use right, net (note 7) 9,529 9,646
Operating lease right-of-use assets, net (note 11) 5,349 4,297
Intangible assets, net 602 554
Deferred tax assets (note 20) 13,908 11,076
Long-term investments (note 14) 6,632 6,340
Other long-term assets (note 8) 40,475 40,496
Total assets 371,819 341,257
Current liabilities:    
Short-term borrowings (note 9) 23,490 26,147
Current portion of long-term borrowings (note 12) 1,598 1,591
Accounts payable 44,721 35,603
Advances from customers 32,668 17,888
Deferred revenue 1,315 1,343
Income taxes payable (note 20) 105 31
FIN-48 payable (note 20) 82 83
Other payables and accrued expenses (note 10) 21,885 18,805
Current portion of operating lease liability (note 11) 2,171 1,417
Total current liabilities 128,035 102,908
Long-term borrowings (note 12) 17,444 17,979
Long-term operating lease liability (note 11) 3,178 2,880
Deferred tax liability (note 20) 1,276 1,286
Other long-term liabilities (note 13) 6,639 8,034
Total liabilities 156,572 133,087
Commitments and contingencies (note 21)
Stockholders' equity:    
Additional paid in capital 104,591 102,004
Accumulated surplus 39,757 34,287
Accumulated other comprehensive income 3,961 4,857
Total ACM Research, Inc. stockholders' equity 148,311 141,150
Non-controlling interests 66,936 67,020
Total stockholders' equity 215,247 208,170
Total liabilities and stockholders' equity 371,819 341,257
Class A Common Stock [Member]    
Stockholders' equity:    
Common stock 2 2
Class B Common Stock [Member]    
Stockholders' equity:    
Common stock $ 0 $ 0