| Dec'17 | Dec'16 | |||||
|---|---|---|---|---|---|---|
ASSETS | ||||||
Current assets | ||||||
Cash and cash equivalents | ||||||
3,118 | 1,484 | |||||
Restricted cash, current | ||||||
6,753 | 1,439 | |||||
Accounts receivable, net | ||||||
6,050 | 2,637 | |||||
Accounts receivable from related party, net | ||||||
0 | 1,060 | |||||
Notes receivable | ||||||
0 | 68 | |||||
Inventories | ||||||
10,279 | 4,840 | |||||
Deferred cost of revenue | ||||||
2,547 | 0 | |||||
Advances to suppliers and other current assets, net | ||||||
2,885 | 2,528 | |||||
Due from related parties | ||||||
0 | 3 | |||||
Total current assets | ||||||
31,634 | 14,063 | |||||
Restricted cash, non-current | ||||||
500 | 0 | |||||
Property, plant and equipment, net | ||||||
10,449 | 1,199 | |||||
Land use rights, net | ||||||
2,243 | 2,143 | |||||
Deferred tax assets | ||||||
518 | 181 | |||||
Other non-current assets | ||||||
0 | 4 | |||||
Total assets | ||||||
45,345 | 17,591 | |||||
LIABILITIES AND SHAREHOLDERS' EQUITY | ||||||
Current liabilities | ||||||
Accounts payable and bank acceptance notes to vendors | ||||||
4,903 | 1,844 | |||||
Loans due within one year | ||||||
9,020 | 2,879 | |||||
Due to related parties | ||||||
0 | 714 | |||||
Deferred income | ||||||
0 | 25 | |||||
Advances from customers | ||||||
1,408 | 833 | |||||
Income tax payables | ||||||
501 | 329 | |||||
Accrued expenses and other payables | ||||||
8,509 | 210 | |||||
Total current liabilities | ||||||
24,343 | 6,838 | |||||
Long term loans | ||||||
11 | 0 | |||||
Total liabilities | ||||||
24,354 | 6,838 | |||||
Shareholders' equity | ||||||
Common shares ($0.001 par value, 200,000,000 shares authorized, 10,809,000 and 9,199,000 shares issued and outstanding as of December 31, 2017 and 2016, respectively) | ||||||
10 | 9 | |||||
Additional paid-in capital | ||||||
15,059 | 7,949 | |||||
Statutory reserves | ||||||
705 | 382 | |||||
Retained earnings | ||||||
5,228 | 2,960 | |||||
Accumulated other comprehensive loss | ||||||
-13 | -548 | |||||
Total shareholders' equity | ||||||
20,991 | 10,753 | |||||
Total liabilities and shareholders' equity | ||||||
45,345 | 17,591 | |||||