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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
 12 Months Ended
Dec. 31, 2024
Dec. 31, 2023
Dec. 31, 2022
Cash flows from operating activities:      
Profit for the year $ 79,770 $ 49,421 $ 235,467
Adjustments for:      
Depreciation and amortization 22,354 20,322 21,342
Gain on disposal of subsidiary 0 0 (10,694)
Share-based compensation expenses 1,247 2,663 3,096
Loss (gains) on disposal of property, plant and equipment, net 4 (368) 0
Loss on re-measurement of the pre-existing relationships in a business combination 0 1,932 0
Changes in fair value of financial assets at fair value through profit or loss (1,363) (1,655) (1,246)
Interest income (9,907) (8,746) (4,813)
Finance costs 4,014 6,080 2,783
Income tax expense (benefit) (2,435) (5,028) 41,098
Share of losses of associates 831 598 743
Inventories write downs 13,551 21,540 22,211
Unrealized foreign currency exchange losses (gains) (171) 624 (2,883)
Cash flows from operating activities before changes in operating capital 107,895 87,383 307,104
Changes in:      
Accounts receivable (including related parties) (40,738) 20,804 146,870
Inventories 45,011 132,090 (194,544)
Other receivable from related parties 56 5 (7)
Other current assets 3,941 (3,863) 10,099
Accounts payable (including related parties) 14,567 7,676 (124,870)
Other payable to related parties (110) (268) 927
Contract liabilities 45 (37,051) 1,283
Other current liabilities (9,010) 1,246 1,831
Other non-current liabilities (2,260) (4,602) 3,972
Cash generated from operating activities 119,397 203,420 152,665
Interest received 9,732 8,567 4,525
Interest paid (4,015) (6,080) (2,783)
Income tax paid (9,138) (53,066) (71,499)
Net cash provided by operating activities 115,976 152,841 82,908
Cash flows from investing activities:      
Acquisitions of property, plant and equipment (13,054) (23,378) (11,797)
Proceeds from disposal of property, plant and equipment 0 111 0
Acquisitions of intangible assets (153) (115) (331)
Acquisitions of financial assets at amortized cost (11,236) (6,911) (8,763)
Proceeds from disposal of financial assets at amortized cost 19,457 3,099 25,823
Acquisitions of financial assets at fair value through profit or loss (76,003) (82,628) (108,374)
Proceeds from disposal of financial assets at fair value through profit or loss 70,389 75,539 110,283
Proceeds from disposal of a subsidiary 0 0 14,769
Acquisitions of financial assets at fair value through other comprehensive income (17,164) (1,379) 0
Proceeds from disposal of financial assets at fair value through other comprehensive income 0 99 96
Acquisition of a subsidiary, net of cash acquired (paid) (5,416) 433 0
Proceeds from capital reduction of investment 338 360 0
Acquisitions of equity method investments (1,236) 0 (3,264)
Decrease (increase) in refundable deposits 33,562 (56,933) (6,144)
Releases (pledges) of restricted deposit 0 0 2,700
Cash received in advance from disposal of land 0 2,821 0
Net cash provided by (used in) investing activities (516) (88,882) 14,998
Cash flows from financing activities:      
Purchase of treasury shares (832) 0 0
Prepayments for purchase of treasury shares (2,168) 0 0
Payments of cash dividends (50,670) (83,720) (217,873)
Payments of dividend equivalents (233) (148) 0
Proceeds from issuance of new shares by subsidiaries 71 916 487
Purchases of subsidiary shares from noncontrolling interests (190) (9) (301)
Proceeds from short-term unsecured borrowings 0 47,226 0
Repayments of short-term unsecured borrowings 0 (47,226) 0
Proceeds from long-term unsecured borrowings 0 0 40,000
Repayments of long-term unsecured borrowings (6,000) (6,000) (46,000)
Proceeds from short-term secured borrowings 1,780,300 1,383,300 1,212,700
Repayments of short-term secured borrowings (1,729,600) (1,299,600) (994,800)
Pledge of restricted deposit (50,700) (83,700) (217,900)
Payment of lease liabilities (5,032) (4,830) (4,294)
Guarantee deposits received (refunded) (23,163) 200 16,913
Net cash used in financing activities (88,217) (93,591) (211,068)
Effect of foreign currency exchange rate changes on cash and cash equivalents (844) (200) (1,281)
Net increase (decrease) in cash and cash equivalents 26,399 (29,832) (114,443)
Cash and cash equivalents at beginning of year 191,749 221,581 336,024
Cash and cash equivalents at end of year $ 218,148 $ 191,749 $ 221,581