| Dec'18 | Dec'17 | Dec'16 | Dec'15 | Dec'14 | Dec'13 | Dec'12 | Dec'11 | Dec'10 |
|---|---|---|---|---|---|---|---|---|
Revenues | ||||||||
1,274,833 | 1,290,447 | - | - | - | - | - | - | - |
Revenues | ||||||||
- | - | 1,201,678 | 999,192 | 1,110,685 | 1,050,816 | 599,818 | 381,624 | 249,822 |
Cost of revenues | ||||||||
1,055,220 | 1,053,782 | 954,723 | 817,811 | 888,227 | 827,419 | 456,011 | 285,801 | 188,294 |
Gross profit | ||||||||
219,612 | 236,665 | 246,955 | 181,381 | 222,457 | 223,396 | 143,807 | 95,822 | 61,528 |
Selling expenses | ||||||||
10,068 | 3,176 | 1,356 | 1,458 | 728 | 243 | 273 | 254 | -470 |
General and administrative expenses | ||||||||
36,985 | 38,495 | 29,952 | 23,816 | 20,564 | 16,284 | 10,069 | 7,066 | -19,960 |
Research and development expenses | ||||||||
60,576 | 36,838 | 47,989 | 21,061 | 29,434 | 21,258 | 21,586 | 11,640 | -7,382 |
Total operating expenses | ||||||||
107,631 | 78,510 | 79,298 | 46,336 | 50,727 | 37,787 | 31,928 | 18,961 | -27,813 |
Operating income | ||||||||
111,981 | 158,154 | 167,656 | 135,045 | 171,730 | 185,609 | 111,878 | 76,861 | 33,715 |
Interest income | ||||||||
3,977 | 5,290 | 5,847 | 8,221 | 10,984 | 6,788 | 4,601 | 689 | 27 |
Interest expense | ||||||||
51,031 | 45,370 | 41,370 | 42,704 | 41,518 | 15,250 | 4,627 | 1,810 | 1,268 |
Foreign currency exchange gains | ||||||||
5,710 | -6,498 | 1,951 | -2,237 | -1,938 | 2,519 | 561 | 876 | -49 |
Losses on foreign currency option contracts | ||||||||
-520 | -1,048 | 0 | 653 | -1,067 | 0 | 0 | - | - |
Gains on disposal of a subsidiary | ||||||||
-214 | - | - | - | - | - | - | - | - |
Loss on change in fair value of warrants liability | ||||||||
- | - | - | - | 1,871 | 54 | - | - | - |
Loss on debt extinguishment | ||||||||
- | - | -18,963 | 0 | 0 | - | - | - | - |
Change in fair value of embedded derivative liability | ||||||||
- | - | - | - | - | - | 0 | - | - |
Other income | ||||||||
- | - | - | - | - | - | - | - | 84,006 |
Other expense | ||||||||
- | - | - | - | - | - | - | - | 84,515 |
Government grant | ||||||||
- | - | - | - | - | - | - | - | 3,237 |
Change in fair value of embedded conversion option | ||||||||
- | - | - | - | - | - | - | 0 | 8,646 |
Change in fair value of warrants liability | ||||||||
- | - | - | - | - | - | 2,854 | 1,856 | - |
Government grant | ||||||||
6,124 | 11,619 | 3,914 | 2,991 | 2,723 | 924 | 114 | 154 | - |
Change in fair value of warrants liability | ||||||||
- | - | - | - | - | - | - | - | 6,344 |
Total non-operating expense, net | ||||||||
-35,955 | -36,008 | -48,620 | -33,075 | -32,687 | -5,073 | 3,505 | 1,767 | 16,428 |
Income before income taxes | ||||||||
76,026 | 122,146 | 119,035 | 101,970 | 139,042 | 180,535 | 115,383 | 78,628 | 50,143 |
Income tax benefit (expense) | ||||||||
7,713 | 90,524 | 17,422 | 18,237 | 18,266 | 46,697 | 29,516 | 18,109 | 21,307 |
Net income | ||||||||
68,313 | 31,621 | 101,612 | 83,732 | 120,776 | 133,838 | 85,867 | 60,518 | 28,836 |
Earnings per common share: | ||||||||
Basic and diluted | ||||||||
1.03 | 0.48 | 1.54 | 1.27 | 1.85 | 2.08 | 1.35 | - | - |
Basic earnings per common stock | ||||||||
- | - | - | - | - | - | - | 1.17 | 0.58 |
Diluted earnings per common stock | ||||||||
- | - | - | - | - | - | - | 1.16 | 0.49 |
Net income | ||||||||
68,313 | 31,621 | 101,612 | 83,732 | 120,776 | 133,838 | 85,867 | 60,518 | 28,836 |
Other comprehensive losses | ||||||||
Foreign currency translation adjustment, net of nil income taxes | ||||||||
-35,647 | 46,343 | -46,085 | -32,118 | -12,268 | 10,385 | 3,180 | 7,043 | 2,911 |
Total Comprehensive income (losses) | ||||||||
32,665 | 77,964 | 55,527 | 51,613 | 108,508 | 144,224 | 89,048 | 67,561 | 31,748 |