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New Standards And Interpretations (Tables) | 12 Months Ended
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Dec. 31, 2018
Disclosure Of Initial Application Of Standards Or Interpretations [Line Items] |
Schedule of Significant Effects of Adopting New Standards | The significant effects of adopting the new standards as of January 1, 2018 are summarized as below:
Affected items of consolidated balance sheet |  | As of December 31, 2017 |  | Effect of adoption of new standards |  | As of January 1, 2018 |  | Remarks
|  | US$’000 |  | US$’000 |  | US$’000 |  |
Assets |  |  |  |  |  |  |  |  |  |  |
Contract assets - current |  |  | — |  |  | 162 |  |  | 162 |  | A
Gross amounts due from customers for contract work-in-progress |  |  | 162 |  |  | (162 | ) |  | — |  | A
Trade receivables |  |  | 112,403 |  |  | 16 |  |  | 112,419 |  | C
Financial assets – available for sale |  |  | 2,747 |  |  | (2,747 | ) |  | — |  | B
Financial assets at fair value through other comprehensive income |  |  | — |  |  | 2,747 |  |  | 2,747 |  | B
Deferred income tax assets |  |  | 3,022 |  |  | 4 |  |  | 3,026 |  | D
Total affected assets |  |  | 118,334 |  |  | 20 |  |  | 118,354 |  |
Liabilities |  |  |  |  |  |  |  |  |  |  |
Contract liabilities - current |  |  | — |  |  | 113 |  |  | 113 |  | E
Total affected liabilities |  |  | — |  |  | 113 |  |  | 113 |  |
Equity |  |  |  |  |  |  |  |  |  |  |
Retained earnings |  |  | 53,350 |  |  | (93 | ) |  | 53,257 |  | B, C, D, E
Total affected equity |  |  | 53,350 |  |  | (93 | ) |  | 53,257 |  |
Total affected liabilities and equity |  |  | 53,350 |  |  | 20 |  |  | 53,370 |  |
A. In accordance with IFRS 15, the Company reclassified gross amounts due from customers for contract work-in-progress in the amount of $162 to contract assets as of January 1, 2018. B. Equity investments in non-listed equity investments previously classified as available-for-sale financial assets were reclassified and measured as financial assets at FVOCI because these investments are held as long-term strategic investments purpose. As a result, assets with fair value of $2,747 were reclassified from available-for-sale financial assets to financial assets at FVOCI and fair value gains of $1,717 were reclassified from the available-for-sale financial assets reserve to the FVOCI reserve on January 1, 2018, of which $843 was related to non-controlling interests. C. The adoption of IFRS 9 has fundamentally changed the Company’s accounting for impairment losses for trade receivable by replacing IAS 39’s incurred loss approach with a forward looking ECL approach. Upon adoption of IFRS 9, the Company reversed impairment on trade receivables by $16. As a result, trade receivables and retained earnings increased by $16. D. The Company recognized deferred income tax assets for the temporary differences arising from the adjustments upon initial adoption of IFRS 9 and IFRS 15. Deferred income tax assets and retained earnings both increased by $4. E. In accordance with IFRS 15, the Company’s performance obligation to provide custodial and transportation services are recognized as contract liabilities under bill-and-hold agreements. After adopting IFRS 15, the Company recognizes revenue from custodial services over time and transportation revenue upon delivery. As of January 1, 2018, the balance of contract liabilities increased by $113, and retained earnings decreased by $113.
IFRS 15 [Member] |
Disclosure Of Initial Application Of Standards Or Interpretations [Line Items] |
Schedule of Significant Effects of Adopting New Standards | The following tables summarized the impacts of adopting IFRS 15 on the consolidated income statement for the year ended December 31, 2018 and its consolidated balance sheet as of December 31, 2018 for each of the line items affected. There was no material impact on the consolidated statement of cash flows for the year ended December 31, 2018.
Affected items of consolidated income statement for the year ended December 31, 2018 | As reported |  | Adjustments |  | Amounts without application of IFRS 15 |
| US$’000 |  | US$’000 |  | US$’000 |
Revenue |  | 425,940 |  |  | (26 | ) |  | 425,914 |
Gross profit |  | 36,248 |  |  | (26 | ) |  | 36,222 |
Operating profit |  | 8,684 |  |  | (26 | ) |  | 8,658 |
Profit before tax |  | 11,332 |  |  | (26 | ) |  | 11,306 |
Income tax expense |  | (3,886 | ) |  | 5 |  |  | (3,881 | )
Profit for the year |  | 7,446 |  |  | (21 | ) |  | 7,425 |
Affected items of consolidated balance sheet as of December 31, 2018 | As reported |  | Adjustments |  | Amounts without application of IFRS 15 |
| US$’000 |  | US$’000 |  | US$’000 |
Assets |  |  |  |  |  |  |  |  |
Contract assets - current |  | 1,460 |  |  | (1,460 | ) |  | — |
Gross amounts due from customers for contract work-in-process |  | — |  |  | 1,460 |  |  | 1,460 |
Deferred income tax assets |  | 3,919 |  |  | (18 | ) |  | 3,901 |
Total affected assets |  | 5,379 |  |  | (18 | ) |  | 5,361 |
Liabilities |  |  |  |  |  |  |  |  |
Other current liabilities |  | 3,272 |  |  | (88 | ) |  | 3,184 |
Total affected liabilities |  | 3,272 |  |  | (88 | ) |  | 3,184 |
Equity |  |  |  |  |  |  |  |  |
Retained earnings |  | 55,016 |  |  | 34 |  |  | 55,050 |
Foreign currency translation reserve |  | (15,251 | ) |  | 1 |  |  | (15,250 | )
Non-controlling interests |  | 71,788 |  |  | 35 |  |  | 71,823 |
Total affected equity |  | 111,553 |  |  | 70 |  |  | 111,623 |
Total affected liabilities and equity |  | 114,825 |  |  | (18 | ) |  | 114,807 |
IFRS 16 [Member] |
Disclosure Of Initial Application Of Standards Or Interpretations [Line Items] |
Summary of Expected Impacts of IFRS 16 Adoption |
Affected items of consolidated balance sheet |  | As of December 31, 2018 |  | Effect of adoption of new standards |  | As of January 1, 2019 |  | Remarks
|  | US$’000 |  | US$’000 |  | US$’000 |  |
Assets |  |  |  |  |  |  |  |  |  |  |
Prepayments |  |  | 1,140 |  |  | (59 | ) |  | 1,081 |  | B
Lease assets* |  |  | 66 |  |  | (66 | ) |  | — |  | A
Right of use assets |  |  | — |  |  | 3,801 |  |  | 3,801 |  | A, B, C
Prepaid land lease payments |  |  | 978 |  |  | (978 | ) |  | — |  | B
Total affected assets |  |  | 2,184 |  |  | 2,698 |  |  | 4,882 |  |
Liabilities |  |  |  |  |  |  |  |  |  |  |
Financial lease liabilities - current |  |  | 44 |  |  | 362 |  |  | 406 |  | C
Financial lease liabilities - non-current |  |  | 46 |  |  | 2,336 |  |  | 2,382 |  | C
Total affected liabilities |  |  | 90 |  |  | 2,698 |  |  | 2,788 |  |
* included in the line "Property, plant and equipment" in the balance sheet
A. The Company expects to reclassify “Lease assets” from “Property, plant and equipment” to “Right of use assets” reflect the terms used under IFRS 16. B. Current and non-current prepaid land lease payments, which presented as “prepayment” and “prepaid land lease payments” in the balance sheet, are expected to be reclassified into “Right of use assets”. C. On adoption of IFRS 16, the Company expects to recognize lease liabilities in relation to leases which had previously been classified as operating lease under the principle of IAS 17. The Company expects to measure its right-of-use assets at amounts equal to the lease liabilities. These liabilities were measured at the present value of the remaining lease payments, discounted using the lessee’s incremental borrowing rate as of January 1, 2019.

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