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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2018
Dec. 31, 2017
Cash flows from operating activities:    
Profit for the year $ 6,026 $ 25,538
Adjustments for:    
Depreciation and amortization 20,327 16,680
Expected credit loss recognized on accounts receivable 290 155
Share-based compensation expenses 408 997
Gain on disposals of property, plant and equipment, net 0 (26)
Gain on re-measurement of the pre-existing relationships in a business combination (1,662) 0
Changes in fair value of financial assets at fair value through profit or loss (2,036) (23,226)
Interest income (2,429) (2,225)
Finance costs 1,232 878
Income tax expense 994 4,554
Share of losses of associates 1,095 1,200
Inventories write downs 17,724 12,298
Foreign currency exchange losses of financial assets 294 0
cash flows from operating activities before changes in opearating Capital 42,263 36,823
Changes in:    
Accounts receivable (794) (1,665)
Inventories (45,085) 2,250
Other current assets (1,511) 969
Accounts payable 10,567 (2,336)
Accounts payable to related party 0 (576)
Other payable to related party 1,597 2,200
Net defined benefit liabilities (128) (9)
Other current liabilities 753 5,424
Other non-current liabilities (458) (604)
Cash generated from operating activities 7,204 42,476
Interest received 2,361 2,165
Interest paid (877) (565)
Income tax paid (4,679) (14,683)
Net cash provided by operating activities 4,009 29,393
Cash flows from investing activities:    
Acquisitions of property, plant and equipment (49,672) (39,292)
Proceeds from disposal of property, plant and equipment 1 115
Acquisitions of intangible assets (925) (526)
Acquisitions of financial assets at amortized cost (4,766) (5,572)
Proceeds from disposal of financial assets at amortized cost 3,514 744
Acquisitions of financial assets at fair value through profit or loss (26,277) (41,523)
Proceeds from disposals of financial assets at fair value through profit or loss 48,764 56,375
Acquisition of business (700) 0
Acquisition of a subsidiary, net of cash acquired (3,301) 0
Proceeds from capital reduction of investment 55 132
Acquisitions of equity method investments (2,093) (9,175)
Decrease (increase) in refundable deposits 87 (120)
Releases (pledges) of restricted deposit 14 (146)
Cash paid for loan made to related parties (780) (3,250)
Cash received from loan made to related party 0 7,150
Income tax paid for disposal of financial assets at fair value through profit or loss (2,187) 0
Net cash used in investing activities (38,266) (35,088)
Cash flows from financing activities:    
Payments of cash dividends (17,210) (41,281)
Proceeds from issuance of new shares by subsidiaries 11 105
Proceeds from disposal of subsidiary shares to noncontrolling interests by Himax Imaging, Inc. 0 4
Acquisitions of noncontrolling interests 0 (42)
Pledge of restricted deposit (17,000) (9,000)
Proceeds from short-term borrowings 131,000 151,161
Repayments of short-term borrowings (94,000) (142,161)
Net cash provided by (used in) financing activities 2,801 (41,214)
Effect of foreign currency exchange rate changes on cash and cash equivalents (130) 480
Net decrease in cash and cash equivalents (31,586) (46,429)
Cash and cash equivalents at beginning of year 138,023 184,452
Cash and cash equivalents at end of year $ 106,437 $ 138,023