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Earnings Per Share Attributable to Ordinary Equity Holders of the Parent
 12 Months Ended
Dec. 31, 2025
Earnings Per Share Attributable to Ordinary Equity Holders of the Parent [Abstract]  
EARNINGS PER SHARE ATTRIBUTABLE TO ORDINARY EQUITY HOLDERS OF THE PARENT
10.EARNINGS PER SHARE ATTRIBUTABLE TO ORDINARY EQUITY HOLDERS OF THE PARENT

 

The Company’s ordinary shares are divided into Class A ordinary shares and Class B ordinary shares. Holders of Class A ordinary shares and Class B ordinary shares have the same rights except for voting and conversion rights. Each Class A ordinary share is entitled to one vote and is not convertible into Class B ordinary share under any circumstances. Each Class B ordinary share is entitled to twenty votes and is convertible into one Class A ordinary share at any time by the holder thereof.

 

The basic earnings per share attributable to Class A ordinary equity holders and Class B ordinary equity holders are calculated by dividing the profit for the year attributable to Class A ordinary equity holders and Class B ordinary equity holders of the parent by the number of Class A ordinary shares and Class B ordinary shares, respectively.

 

No diluted earnings per share for the year ended December 31, 2023 and 2024 were presented as there was no potential ordinary shares in issue during the year. The computation of diluted earnings per share does not assume the exercise of the warrants because the exercise price of those warrants was higher than the average market price for shares for the year ended December 31, 2025.

Basic and diluted earnings per share for each of the periods presented are calculated as follows:

 

   For the year ended December 31, 
   2025   2024   2023 
Basic and diluted earnings per share:            
Numerator:            
Profit attributable to ordinary equity holders of the parent used in the basic earnings per share calculation (US$)-basic Class A   19,754    28,389    76,720 
                
Profit attributable to ordinary equity holders of the parent used in the basic earnings per share calculation (US$)-basic Class B   21,686    18,338    57,716 
                
Denominator:               
Weighted average number of Class A ordinary shares outstanding—basic   257,982,451    244,360,199    206,965,601 
                
Weighted average number of Class B ordinary shares outstanding—basic   283,216,589    157,842,028    155,698,533 
                
Basic earnings per share (US$) Class A   0.08    0.12    0.37 
Diluted earnings per share (US$) Class A   0.08    0.12    0.37  
Basic earnings per share (US$) Class B   0.08    0.12    0.37 
Diluted earnings per share (US$) Class B   0.08    0.12    0.37  

 

Other than disclosed above and disclosed elsewhere in these consolidated financial statements, there are no other outstanding potential dilutive shares in issue.