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PROPERTY, PLANT AND EQUIPMENT, NET

12 Months Ended

Dec. 31, 2019

PROPERTY, PLANT AND EQUIPMENT, NET

PROPERTY, PLANT AND EQUIPMENT, NET

6. PROPERTY, PLANT AND EQUIPMENT, NET

Property, plant and equipment, net consist of the following:

​

​	​	​	​	​
​	​	At December 31,	​	At December 31,
​		2018		2019
​	​	$	​	$
Buildings		441,975		453,712
Leasehold improvements		13,058		14,225
Machinery		785,874		1,074,460
Furniture, fixtures and equipment		64,135		64,117
Motor vehicles		6,100		6,351
Land	​	18,810	​	20,451
​		1,329,952		1,633,316
Accumulated depreciation		(489,927)		(598,297)
Impairment	​	(30,503)		(45,437)
Subtotal		809,522		989,582
Construction in process		75,464		56,453
Property, plant and equipment, net		884,986		1,046,035

​

Depreciation expense of property, plant and equipment was $88,931, $120,834 and $148,034 for the years ended December 31, 2017, 2018 and 2019, respectively. Construction in process primarily represents production facilities under construction and the machinery under installation.

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- References

No definition available.

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- Definition

The entire disclosure for long-lived, physical assets used in the normal conduct of business and not intended for resale. Includes, but is not limited to, accounting policies and methodology, roll forwards, depreciation, depletion and amortization expense, including composite depreciation, accumulated depreciation, depletion and amortization expense, useful lives and method used, income statement disclosures, assets held for sale and public utility disclosures.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 360
-URI http://asc.fasb.org/topic&trid=2155823

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