| Jun'18 | Dec'17 | Dec'16 | Dec'13 | Dec'12 | ||
|---|---|---|---|---|---|---|
Non-current assets | ||||||
Property, plant and equipment-net | ||||||
26,733 | 27,824 | 26,758 | - | - | ||
Prepayments and premiums under operating leases | ||||||
2,516 | 2,568 | 2,491 | - | - | ||
Prepayment for construction of new plant | ||||||
0 | 0 | 0 | - | - | ||
Prepayment for acquisition of land use right | ||||||
0 | 0 | 0 | - | - | ||
Land use rights | ||||||
633 | 648 | 624 | - | - | ||
Deferred tax assets | ||||||
10,048 | 9,924 | 4,879 | - | - | ||
Non-current assets | ||||||
39,931 | 40,966 | 34,754 | - | - | ||
Current assets | ||||||
Inventories | ||||||
2,882 | 1,806 | 2,450 | - | - | ||
Trade receivables | ||||||
11,794 | 10,501 | 23,483 | - | - | ||
Other receivables and prepayments | ||||||
452 | 1,901 | 5,364 | - | - | ||
Subsidies prepaid to distributors | ||||||
- | - | 389 | - | - | ||
Prepayments and premiums under operating leases | ||||||
87 | 83 | 79 | - | - | ||
Cash and cash equivalents | ||||||
24,123 | 26,050 | 24,576 | - | - | ||
Current assets | ||||||
39,340 | 40,343 | 56,343 | - | - | ||
Cash and cash equivalents | ||||||
- | - | - | 27 | 328 | ||
Prepaid expenses | ||||||
- | - | - | 14 | 0 | ||
Interest on cash held in trust account | ||||||
- | - | - | 7 | 0 | ||
Total Current Assets | ||||||
- | - | - | 50 | 328 | ||
Investments held in trust | ||||||
- | - | - | 57,168 | 57,168 | ||
Total assets | ||||||
79,272 | 81,309 | 91,098 | 57,219 | 57,497 | ||
Current liabilities | ||||||
Short term bank loans | ||||||
1,586 | 1,606 | 1,513 | - | - | ||
Trade and other payables | ||||||
5,187 | 5,451 | 4,774 | - | - | ||
Related parties payables | ||||||
425 | 154 | 1,150 | - | - | ||
Income tax payable | ||||||
0 | 0 | 258 | - | - | ||
Deposits received | ||||||
0 | 69 | 0 | - | - | ||
Current liabilities | ||||||
7,200 | 7,282 | 7,696 | - | - | ||
Non-current liability | ||||||
Warrant liabilities | ||||||
0 | 0 | 0 | - | - | ||
Non-current liabilities | ||||||
0 | 0 | 0 | - | - | ||
Accounts payable and accrued expenses (includes related party payable of $105,000 and $15,000 at December 31, 2013 and 2012, respectively) | ||||||
- | - | - | 131 | 21 | ||
Accrued offering costs | ||||||
- | - | - | 0 | 72 | ||
Loan payable - related party | ||||||
- | - | - | 0 | 35 | ||
Advances from related party | ||||||
- | - | - | 69 | 19 | ||
Total Current Liabilities | ||||||
- | - | - | 201 | 148 | ||
Warrant liability | ||||||
- | - | - | 3,432 | 3,386 | ||
Total liabilities | ||||||
7,200 | 7,282 | 7,696 | 3,634 | 3,535 | ||
Equity | ||||||
Share capital | ||||||
0 | 0 | 0 | - | - | ||
Share premium | ||||||
8,000 | 6,686 | 6,056 | - | - | ||
Revaluation reserve | ||||||
184 | 184 | 184 | - | - | ||
Statutory surplus reserve | ||||||
6,084 | 6,084 | 6,084 | - | - | ||
Retained profits | ||||||
61,791 | 64,146 | 78,962 | - | - | ||
Foreign currency translation reserve | ||||||
-3,988 | -3,075 | -7,885 | - | - | ||
Total equity | ||||||
72,071 | 74,027 | 83,402 | - | - | ||
Total liabilities and equity | ||||||
79,272 | 81,309 | 91,098 | - | - | ||
Commitment and Contingencies | ||||||
- | - | - | 0 | 0 | ||
Common stock subject to possible redemption or tender: 4,995,000 shares at redemption value | ||||||
- | - | - | 51,448 | 51,448 | ||
Preferred stock, $0.0001 par value; 5,000,000 shares authorized; none issued and outstanding | ||||||
- | - | - | 0 | 0 | ||
Common stock, $0.0001 par value; 150,000,000 shares authorized; 2,310,500 shares issued and outstanding at December 31, 2013 and 2012, excluding 4,955,000 shares subject to redemption | ||||||
- | - | - | 0 | 0 | ||
Additional paid-in capital | ||||||
- | - | - | 5,621 | 5,621 | ||
Deficit accumulated during the development stage | ||||||
- | - | - | 3,484 | 3,108 | ||
Total Stockholders' Equity | ||||||
- | - | - | 2,136 | 2,512 | ||
Total Liabilities and Stockholders' Equity | ||||||
- | - | - | 57,219 | 57,497 | ||