| Dec'17 | Dec'16 | Dec'15 | Dec'14 | Dec'13 | Dec'12 | Dec'11 | Dec'10 | Dec'09 |
|---|---|---|---|---|---|---|---|---|
Cash flows provided by (used in) operating activities | ||||||||
Income (loss) from continuing operations | ||||||||
36,705 | -3,058 | -229 | 279 | 11,636 | - | - | - | - |
Net income (loss) | ||||||||
- | - | - | - | - | -18,749 | -399 | -12,602 | 30,413 |
Adjustments to reconcile net income to net cash provided by (used in) operating activities: | ||||||||
- Deferred income taxes (note 13) | ||||||||
-4,921 | -1,007 | -333 | -225 | -2,225 | -17 | 2,845 | -1,708 | 1,261 |
- Share-based compensation (note 18) | ||||||||
979 | 2,409 | 952 | 287 | 281 | 347 | 206 | 459 | 422 |
- Inventory provision (note 6) | ||||||||
1,231 | 6,377 | 1,820 | 1,026 | 1,052 | 3,479 | 4,034 | 6,805 | 593 |
- Provision (recovery) for doubtful accounts | ||||||||
934 | 1,412 | -49 | 329 | -504 | -874 | -167 | 1,921 | - |
Loss on disposal of property, plant and equipment (note 8) | ||||||||
-42 | -478 | -26 | - | - | - | - | - | - |
- Loss on disposal and impairment of property, plant and equipment (note 9) | ||||||||
- | - | - | -74 | -88 | -2,190 | -455 | -1,237 | - |
- Research and development expenditures qualified for government grant | ||||||||
- | - | - | - | - | 125 | 686 | 43 | - |
- Depreciation of property, plant and equipment and amortization of licenses (note 8) | ||||||||
4,638 | 5,063 | 6,258 | 7,837 | 6,097 | 4,189 | 4,540 | - | - |
- Amortization of prepaid land lease payments (note 9) | ||||||||
243 | 247 | 261 | 267 | 311 | 299 | 285 | - | - |
- Government grants recognized in income | ||||||||
141 | 6,984 | 1,637 | 104 | 0 | - | - | - | - |
- provision for (recovery of) doubtful accounts | ||||||||
- | - | - | - | - | - | - | - | 17 |
- write-down of equipment and loss on disposal | ||||||||
- | - | - | - | - | - | - | - | -169 |
- research and development expenditures qualified for government grant | ||||||||
- | - | - | - | - | - | - | - | 251 |
- depreciation of property, plant and equipment and amortization of licenses and permits | ||||||||
- | - | - | - | - | - | - | 4,232 | 2,239 |
- Deferred government grant recognized in income | ||||||||
- | - | - | - | - | -358 | -434 | -416 | -1,119 |
- Accretion expenses | ||||||||
0 | 0 | 120 | 114 | 100 | 235 | 377 | 117 | - |
Changes in: | ||||||||
- Accounts receivable | ||||||||
13,482 | 15,122 | -41 | 9,691 | 7,256 | 4,286 | -5,475 | -1,003 | 5,019 |
- Inventories | ||||||||
5,531 | 3,025 | -28 | 6,130 | 7,157 | 426 | 1,915 | 8,597 | 5,384 |
- Income tax payable | ||||||||
4,948 | 1,720 | 576 | 899 | 7 | -3,130 | 1,340 | -5,524 | 6,758 |
- Prepaid expenses and deposits | ||||||||
622 | 436 | -434 | 506 | -243 | -913 | 531 | 903 | -468 |
- Deferred revenue | ||||||||
987 | -4,959 | -3,639 | 601 | -675 | 1,026 | -2,696 | 426 | 12,722 |
- Accounts payable and accrued liabilities | ||||||||
33,416 | 2,739 | -298 | -3,493 | 4,450 | -967 | 1,208 | -686 | 5,118 |
- Other non-current liabilities | ||||||||
330 | 339 | 779 | 932 | 0 | - | - | - | - |
- Restricted cash | ||||||||
-1,598 | 1,557 | 1,677 | 0 | 0 | - | - | - | - |
- Time deposits | ||||||||
0 | 0 | -1,500 | 1,500 | - | - | - | - | - |
Net cash provided by (used in) operating activities from continuing operations | ||||||||
61,354 | -15,364 | 4,933 | -9,004 | 6,448 | -16,254 | 13,936 | -14,278 | 48,411 |
Net cash used in operating activities from discontinued operations | ||||||||
0 | -95 | -722 | -1,123 | -872 | - | - | - | - |
Net cash provided by (used in) operating activities | ||||||||
61,354 | -15,459 | 4,211 | -10,127 | 5,576 | - | - | - | - |
Cash flows provided by (used in) financing activities | ||||||||
- Proceeds from bank loans | ||||||||
28,636 | 45,462 | 21,312 | 17,837 | 16,800 | 16,787 | 11,392 | - | - |
- Repayments of bank loans | ||||||||
38,708 | 24,850 | 46,786 | 15,962 | 4,089 | 4,755 | 10,659 | - | - |
- Loan proceeds | ||||||||
- | - | - | - | - | - | - | 19,989 | 17,687 |
- Loan repayments | ||||||||
- | - | - | - | - | - | - | 17,850 | 10,232 |
- Proceeds from issuance of common stock, net of share issuance costs | ||||||||
1,264 | 315 | 732 | 512 | 814 | 508 | 749 | 62,255 | 697 |
- Proceeds from shares subscribed | ||||||||
428 | 0 | 18 | 51 | 18 | 8 | 3 | - | - |
- Dividends paid to a non-controlling shareholder | ||||||||
- | - | - | - | - | 802 | 5,863 | - | - |
- Repurchase of common shares | ||||||||
- | - | - | - | - | - | - | - | 335 |
- Proceeds from shares subscribed | ||||||||
- | - | - | - | - | - | - | - | 4 |
- Dividends paid to non-controlling shareholder of Sinovac Beijing | ||||||||
- | - | - | - | - | - | - | 3,285 | 3,846 |
- Government grants received (note 15) | ||||||||
2,598 | 6,857 | 544 | 3,520 | 842 | 2,395 | 1,593 | 372 | 1,318 |
- Loan from a non-controlling shareholder (note 11(a)) | ||||||||
4,440 | 0 | 0 | - | - | - | - | - | - |
- Repayment of loan from a non-controlling shareholder | ||||||||
0 | 0 | -16 | -649 | 0 | - | 3,398 | -3,286 | - |
- Proceeds of loan from a non-controlling shareholder | ||||||||
- | - | - | - | - | 3,189 | - | - | - |
Net cash provided by (used in) financing activities from continuing operations | ||||||||
- | - | - | - | 14,385 | 17,330 | 613 | 58,193 | 5,292 |
Net cash provided by financing activities from discontinued operations | ||||||||
- | - | - | - | 34 | - | - | - | - |
Net cash provided by (used in) financing activities | ||||||||
-1,342 | 27,784 | -24,196 | 5,309 | 14,419 | - | - | - | - |
Cash flows used in investing activities | ||||||||
- Restricted cash | ||||||||
- | - | - | - | - | - | - | -64 | 64 |
- Proceeds from disposal of equipment | ||||||||
19 | 26 | 81 | 0 | 0 | 5 | 122 | 231 | - |
- Proceeds from redemption of short-term investments | ||||||||
- | - | - | - | - | - | 1,545 | 7,314 | - |
- Purchase of short-term investments | ||||||||
- | - | - | - | - | - | - | 1,475 | 7,308 |
- Prepayments for acquisition of equipment | ||||||||
- | - | - | - | - | - | - | 562 | - |
- Acquisition of property, plant and equipment | ||||||||
11,915 | 12,654 | 5,299 | 10,913 | 5,133 | 16,156 | 15,457 | 24,817 | 4,320 |
- Net proceeds from disposal of subsidiary | ||||||||
0 | 861 | 801 | 0 | 0 | - | - | - | - |
Net cash used in investing activities from continuing operations | ||||||||
-11,896 | -11,767 | -4,417 | -10,913 | -5,133 | -16,151 | -13,790 | -19,244 | -11,693 |
Net cash used in investing activities from discontinued operations | ||||||||
0 | -9 | -98 | -90 | -43 | - | - | - | - |
Net cash used in investing activities | ||||||||
-11,896 | -11,776 | -4,515 | -11,003 | -5,176 | - | - | - | - |
Effect of exchange rate changes on cash and cash equivalents, including cash classified within current assets held for sale | ||||||||
3,865 | -2,092 | -1,541 | -1,403 | - | - | - | - | - |
Effect of exchange rate changes on cash and cash equivalents, including cash classified within current assets held for sale | ||||||||
- | - | - | - | 1,182 | 2,029 | 1,943 | 1,961 | 48 |
Increase (decrease) in cash and cash equivalents, including cash classified within current assets held for sale | ||||||||
- | - | - | - | 16,001 | - | - | - | - |
Less: Net increase (decrease) in cash classified within current assets assets for sale | ||||||||
- | - | - | - | -703 | - | - | - | - |
Increase (decrease) in cash and cash equivalents, including cash from discontinued operation | ||||||||
51,981 | -1,543 | -26,041 | -17,224 | 15,298 | -13,046 | 2,702 | 26,632 | - |
Less: Net decrease in cash from discontinued operation | ||||||||
0 | -143 | -82 | -500 | - | - | - | - | - |
Increase (decrease) in cash and cash equivalents | ||||||||
51,981 | -1,400 | -25,959 | -16,724 | - | - | - | - | - |
Increase in cash and cash equivalents | ||||||||
- | - | - | - | - | - | - | - | 42,059 |
Supplemental disclosure of cash flow information: | ||||||||
Cash paid for interest | ||||||||
1,325 | 1,662 | 1,722 | 3,152 | 2,853 | 750 | 456 | 1,017 | - |
Cash paid for interest, net of amount capitalized | ||||||||
- | - | - | - | - | - | - | - | 914 |
Cash paid for income taxes | ||||||||
7,909 | 1,885 | 2,058 | 491 | 0 | 2,265 | 882 | 5,986 | 3,066 |
Acquisition of property, plant and equipment included in accounts payable and accrued liabilities | ||||||||
- | - | - | - | 2,015 | 3,788 | 9,125 | 3,958 | 1,120 |