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Short-term and long-term investments | 12 Months Ended
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Dec. 31, 2022
ZHEJIANG TIANLAN |
Short-term and long-term investments |
8. | Short-term and long-term investments
The Group's short-term investments consist of wealth management products and long-term investments consist of minority ownership interests in Nil (2021: Nil) limited liability company, generally from private equity arrangements. These investments are carried under the equity method of accounting, with changes in the carrying value reported as realized gains or losses in the consolidated financial statements.

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- Definition The entire disclosure of the components of cash, cash equivalents, and short-term investments. Short-term investments may include current marketable securities. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 320 -URI https://asc.fasb.org/topic&trid=2196928 + Details
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