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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
 12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
Cash flows from operating activities:      
Profit for the year $ 49,421 $ 235,467 $ 433,935
Adjustments for:      
Depreciation and amortization 20,322 21,342 21,342
Reversal of credit losses recognized on accounts receivable 0 0 (190)
Gain on disposal of subsidiary 0 (10,694) 0
Share-based compensation expenses 2,663 3,096 700
Gains on disposal of property, plant and equipment, net (368) 0 (147)
LossOnReMeasurementOfBusinessCombination 1,932 0 0
Changes in fair value of financial assets at fair value through profit or loss (1,655) (1,246) 284
Interest income (8,746) (4,813) (876)
Finance costs 6,080 2,783 1,074
Income tax expense (benefit) (5,028) 41,098 110,657
Share of losses of associates 598 743 1,392
Inventories write downs 21,540 22,211 9,448
Unrealized foreign currency exchange losses (gains) 624 (2,883) (953)
Cash flows from operating activities before changes in operating capital 87,383 307,104 576,666
Changes in:      
Accounts receivable (including related parties) 20,804 146,870 (166,395)
Inventories 132,090 (194,544) (99,341)
Other receivable from related parties 5 (7) (17)
Other current assets (3,863) 10,099 (7,633)
Other non-current assets 0 0 (19,460)
Accounts payable (including related parties) 7,676 (124,870) 74,954
Other payable to related parties (268) 927 (931)
Contract liabilities (37,051) 1,283 41,262
Other current liabilities 1,246 1,831 13,736
Other non-current liabilities (4,602) 3,972 (4,697)
Cash generated from operating activities 203,420 152,665 408,144
Interest received 8,567 4,525 852
Interest paid (6,080) (2,783) (1,074)
Income tax paid (53,066) (71,499) (19,646)
Net cash provided by operating activities 152,841 82,908 388,276
Cash flows from investing activities:      
Acquisitions of property, plant and equipment (23,378) (11,797) (7,562)
Proceeds from disposal of property, plant and equipment 111 0 0
Acquisitions of intangible assets (115) (331) (468)
Acquisitions of financial assets at amortized cost (6,911) (8,763) (25,362)
Proceeds from disposal of financial assets at amortized cost 3,099 25,823 8,011
Acquisitions of financial assets at fair value through profit or loss (82,628) (108,374) (23,417)
Proceeds from disposal of financial assets at fair value through profit or loss 75,539 110,283 29,141
Proceeds from disposal of a subsidiary 0 14,769 0
Acquisitions of financial assets at fair value through other comprehensive income (1,379) 0 0
Proceeds from disposal of financial assets at fair value through other comprehensive income 99 96 0
Acquisition of a subsidiary, net of cash acquired 433 0 0
Proceeds from capital reduction of investment 360 0 151
Acquisitions of equity method investments 0 (3,264) (598)
Increase in refundable deposits (56,933) (6,144) (213,056)
Releases (pledges) of restricted deposit 0 2,700 (2,595)
Cash received in advance from disposal of land 2,821 0 3,075
Net cash provided by (used in) investing activities (88,882) 14,998 (232,680)
Cash flows from financing activities:      
Payments of cash dividends (83,720) (217,873) (47,424)
Payments of dividend equivalents (148) 0 0
Proceeds from issuance of new shares by subsidiaries 916 487 0
Purchases of subsidiary shares from noncontrolling interests (9) (301) (1,627)
Proceeds from short-term unsecured borrowings 47,226 0 15,000
Repayments of short-term unsecured borrowings (47,226) 0 (15,000)
Proceeds from long-term unsecured borrowings 0 40,000 0
Repayments of long-term unsecured borrowings (6,000) (46,000) (6,000)
Proceeds from short-term secured borrowings 1,383,300 1,212,700 611,600
Repayments of short-term secured borrowings (1,299,600) (994,800) (564,200)
Release (pledge) of restricted deposit (83,700) (217,900) (47,400)
Payment of lease liabilities (4,830) (4,294) (4,668)
Guarantee deposits received 200 16,913 54,050
Proceeds from exercise of employee stock options 0 0 1,182
Net cash used in financing activities (93,591) (211,068) (4,487)
Effect of foreign currency exchange rate changes on cash and cash equivalents (200) (1,281) (23)
Net increase (decrease) in cash and cash equivalents (29,832) (114,443) 151,086
Cash and cash equivalents at beginning of year 221,581 336,024 184,938
Cash and cash equivalents at end of year $ 191,749 $ 221,581 $ 336,024