ACM Research, Inc(NASDAQ:ACMR) 
ACM Research, Inc., together with its subsidiaries, develops, manufactures, and sells single-wafer wet cleaning equipment for enhancing the manufacturing process and yield for integrated chips worldwide. It offers space alternated phase shift technology for flat and patterned wafer surfaces, which e...
Website: http://www.acmrcsh.com
Founded: 1998
Full Time Employees: 1,209 (Dec 2022)
CEO / Founder: David H. Wang
Sector: Technology
Industry: Semiconductor Equipment & Materials
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Quarterly
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| Unit: USD | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 | 2023-12-31 | 2023-09-30 | 2023-06-30 | 2023-03-31 | 2022-12-31 | 2022-09-30 | 2022-06-30 | 2022-03-31 | 2021-12-31 | 2021-09-30 | 2021-06-30 | 2021-03-31 | 2020-12-31 | 2020-09-30 | 2020-06-30 | 2020-03-31 | 2019-12-31 | 2019-09-30 | 2019-06-30 | 2019-03-31 | 2018-12-31 | 2018-09-30 | 2018-06-30 | 2018-03-31 | 2017-12-31 | 2017-09-30 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
revenue | 231,263,000 | 244,430,000 | 269,160,000 | 215,372,000 | 172,347,000 | 223,471,000 | 203,976,000 | 202,480,000 | 152,191,000 | 170,321,000 | 168,569,000 | 144,577,000 | 74,256,000 | 108,542,000 | 133,709,000 | 104,395,000 | 42,186,000 | 95,142,000 | 67,013,000 | 53,864,000 | 43,732,000 | 45,562,000 | 47,665,000 | 39,049,000 | 24,348,000 | 24,608,000 | 33,427,000 | 29,010,000 | 20,479,000 | 13,448,750 | 23,179,000 | 20,873,000 | 9,743,000 | 36,486,686 | 4,891 |
yoy | 34.18% | 9.38% | 31.96% | 6.37% | 13.24% | 31.21% | 21.00% | 40.05% | 104.95% | 56.92% | 26.07% | 38.49% | 76.02% | 14.08% | 99.53% | 93.81% | -3.54% | 108.82% | 40.59% | 37.94% | 79.61% | 85.15% | 42.59% | 34.61% | 18.89% | 82.98% | 44.21% | 38.98% | 110.19% | -63.14% | 473811.27% | ||||
qoq | -5.39% | -9.19% | 24.97% | 24.96% | -22.88% | 9.56% | 0.74% | 33.04% | -10.64% | 1.04% | 16.59% | 94.70% | -31.59% | -18.82% | 28.08% | 147.46% | -55.66% | 41.98% | 24.41% | 23.17% | -4.02% | -4.41% | 22.06% | 60.38% | -1.06% | -26.38% | 15.23% | 41.66% | 52.27% | -41.98% | 11.05% | 114.24% | -73.30% | 745896.44% | |
cost of revenue, including cost of revenue from related parties of 12,483 for the three months ended march 31, 2026 and 9,399 for the three months ended march 31, 2025, respectively | 124,025,000 | ||||||||||||||||||||||||||||||||||
gross profit | 107,238,000 | 99,907,000 | 113,149,000 | 104,461,000 | 82,550,000 | 110,815,000 | 104,834,000 | 96,784,000 | 79,121,000 | 79,076,000 | 88,514,000 | 68,639,000 | 39,986,000 | 53,805,000 | 65,967,000 | 44,157,000 | 19,686,000 | 45,446,000 | 29,685,000 | 21,680,000 | 18,045,000 | 19,674,000 | 20,341,000 | 19,356,000 | 10,228,000 | 12,443,000 | 16,254,000 | 6,033,250 | 10,287,000 | 8,724,000 | 5,122,000 | 17,216,948 | 2,199 | ||
yoy | 29.91% | -9.84% | 7.93% | 7.93% | 4.33% | 40.14% | 18.44% | 41.00% | 97.87% | 46.97% | 34.18% | 55.44% | 103.12% | 18.39% | 122.22% | 103.68% | 9.09% | 131.00% | 45.94% | 12.01% | 76.43% | 58.11% | 25.14% | 106.24% | 58.01% | -64.96% | 467703.55% | ||||||||
qoq | 7.34% | -11.70% | 8.32% | 26.54% | -25.51% | 5.71% | 8.32% | 22.32% | 0.06% | -10.66% | 28.96% | 71.66% | -25.68% | -18.44% | 49.39% | 124.31% | -56.68% | 53.09% | 36.92% | 20.14% | -8.28% | -3.28% | 5.09% | 89.25% | -17.80% | -23.45% | -41.35% | 17.92% | 70.32% | -70.25% | 782844.43% | ||||
gross margin % | 46.37% | 40.87% | 42.04% | 48.50% | 47.90% | 49.59% | 51.40% | 47.80% | 51.99% | 46.43% | 52.51% | 47.48% | 53.85% | 49.57% | 49.34% | 42.30% | 46.66% | 47.77% | 44.30% | 40.25% | 41.26% | 43.18% | 42.67% | 49.57% | 42.01% | 50.56% | 48.63% | 0% | 0% | 44.86% | 44.38% | 41.80% | 52.57% | 47.19% | 44.96% |
operating expenses: | |||||||||||||||||||||||||||||||||||
sales and marketing | 20,688,000 | 16,143,000 | 22,311,000 | 22,102,000 | 16,343,000 | 18,380,000 | 15,759,000 | 17,135,000 | 14,173,000 | 9,440,000 | 16,803,000 | 11,439,000 | 9,337,000 | 12,395,000 | 13,133,000 | 7,664,000 | 6,697,000 | 9,273,000 | 6,363,000 | 5,789,000 | 5,308,000 | 5,249,000 | 3,924,000 | 4,595,000 | 3,005,000 | 3,223,000 | 3,886,000 | 1,941,500 | 3,229,000 | 2,682,000 | 1,855,000 | 5,496,381 | 1,036 | ||
research and development | 36,549,000 | 44,018,000 | 39,651,000 | 33,817,000 | 27,503,000 | 27,750,000 | 27,837,000 | 25,968,000 | 23,918,000 | 32,465,000 | 26,151,000 | 20,064,000 | 14,029,000 | 17,835,000 | 15,678,000 | 11,367,000 | 17,346,000 | 12,914,000 | 7,856,000 | 7,933,000 | 5,504,000 | 5,878,000 | 4,343,000 | 5,221,000 | 3,677,000 | 3,302,000 | 3,492,000 | 1,556,000 | 2,264,000 | 2,419,000 | 1,541,000 | 5,134,924 | 1,209 | ||
general and administrative | 13,824,000 | 16,711,000 | 22,264,000 | 16,848,000 | 12,927,000 | 20,696,000 | 17,054,000 | 16,088,000 | 15,798,000 | 13,797,000 | 12,387,000 | 6,706,000 | 7,758,000 | 6,905,000 | 5,520,000 | 5,091,000 | 4,949,000 | 4,133,000 | 3,671,000 | 3,627,000 | 3,783,000 | 3,115,000 | 4,568,000 | 2,204,000 | 2,328,000 | 2,069,000 | 1,846,000 | 1,578,000 | 1,390,000 | 1,292,000 | 3,630,000 | 5,882,578 | 1,264 | ||
total operating expenses | 71,061,000 | 76,872,000 | 84,226,000 | 72,767,000 | 56,773,000 | 66,826,000 | 60,650,000 | 59,191,000 | 53,889,000 | 55,702,000 | 55,341,000 | 38,209,000 | 31,124,000 | 37,135,000 | 34,331,000 | 24,122,000 | 28,992,000 | 26,320,000 | 17,890,000 | 17,349,000 | 14,595,000 | 14,242,000 | 12,835,000 | 12,020,000 | 9,010,000 | 8,594,000 | 9,224,000 | 5,075,500 | 6,883,000 | 6,393,000 | 7,026,000 | 16,513,883 | 3,509 | ||
income from operations | 36,177,000 | 23,035,000 | 28,923,000 | 31,694,000 | 25,777,000 | 43,989,000 | 44,184,000 | 37,593,000 | 25,232,000 | 23,374,000 | 33,173,000 | 30,430,000 | 8,862,000 | 16,670,000 | 31,636,000 | 20,035,000 | -9,306,000 | 19,126,000 | 11,795,000 | 4,331,000 | 3,450,000 | 5,432,000 | 7,506,000 | 7,336,000 | 1,218,000 | 3,849,000 | 7,030,000 | 957,750 | 3,404,000 | 2,331,000 | -1,904,000 | 703,065 | -1,310 | ||
yoy | 40.35% | -47.63% | -34.54% | -15.69% | 2.16% | 88.20% | 33.19% | 23.54% | 184.72% | 40.22% | 4.86% | 51.88% | -195.23% | -12.84% | 168.22% | 362.60% | -369.74% | 252.10% | 57.14% | -40.96% | 183.25% | 41.13% | 6.77% | 301.88% | 106.52% | 36.22% | -259947.33% | ||||||||
qoq | 57.05% | -20.36% | -8.74% | 22.95% | -41.40% | -0.44% | 17.53% | 48.99% | 7.95% | -29.54% | 9.01% | 243.38% | -46.84% | -47.31% | 57.90% | -315.29% | -148.66% | 62.15% | 172.34% | 25.54% | -36.49% | -27.63% | 2.32% | 502.30% | -68.36% | -45.25% | -71.86% | 46.03% | -222.43% | -370.81% | -53769.08% | ||||
operating margin % | 15.64% | 9.42% | 10.75% | 14.72% | 14.96% | 19.68% | 21.66% | 18.57% | 16.58% | 13.72% | 19.68% | 21.05% | 11.93% | 15.36% | 23.66% | 19.19% | -22.06% | 20.10% | 17.60% | 8.04% | 7.89% | 11.92% | 15.75% | 18.79% | 5.00% | 15.64% | 21.03% | 0% | 0% | 7.12% | 14.69% | 11.17% | -19.54% | 1.93% | -26.78% |
interest income | 4,719,000 | 4,187,000 | 3,100,000 | 4,013,000 | 3,339,000 | 2,813,000 | 2,967,000 | 2,381,000 | 1,774,000 | 2,071,000 | 2,152,000 | 2,346,000 | 1,785,000 | 2,775,000 | 2,016,000 | 2,144,000 | 1,805,000 | 392,000 | 33,000 | 31,000 | 49,000 | 63,000 | 179,000 | 320,000 | 335,000 | 205,000 | 95,000 | 5,000 | 3,000 | 14,000 | 3,000 | 8,993 | 2 | ||
interest expense | -1,933,000 | -1,789,000 | -1,851,000 | -1,757,000 | -1,558,000 | -1,228,000 | -1,208,000 | -932,000 | -783,000 | -697,000 | -640,000 | -649,000 | -695,000 | -669,000 | -419,000 | -306,000 | -261,000 | -191,000 | -191,000 | -194,000 | -189,000 | -371,000 | -272,000 | -228,000 | -111,000 | -207,000 | -205,000 | 833,000 | -112,000 | -149,000 | -103,000 | -276,803 | -33 | ||
unrealized loss on short-term investments | -1,406,000 | -1,082,000 | -2,595,000 | -1,107,000 | -1,319,000 | ||||||||||||||||||||||||||||||
other expense | -9,300,000 | -1,004,750 | -3,411,000 | -755,000 | |||||||||||||||||||||||||||||||
income from equity method investments | 1,749,000 | 3,895,000 | 3,670,000 | 1,773,000 | 952,000 | 322,000 | 1,316,000 | -695,000 | 6,224,000 | -160,000 | |||||||||||||||||||||||||
income before income taxes | 30,006,000 | 20,778,000 | 49,087,000 | 38,161,000 | 27,166,000 | 56,425,000 | 42,679,000 | 40,735,000 | 26,461,000 | 31,427,000 | 31,712,000 | 41,235,000 | 11,842,000 | 16,843,000 | 37,546,000 | 24,427,000 | -11,454,000 | 21,770,000 | 10,884,000 | 7,349,000 | 3,052,000 | 6,400,000 | 8,273,000 | 2,355,000 | 2,267,000 | 3,016,000 | 8,761,000 | 1,233,750 | 4,314,000 | 3,379,000 | -2,758,000 | -321,234 | -1,560 | ||
income tax expense | -3,771,000 | -6,566,000 | -2,689,000 | -1,891,000 | -2,153,000 | -17,319,000 | -4,007,000 | -9,336,000 | -4,369,000 | -8,129,000 | -718,000 | -7,638,000 | -1,859,000 | -304,000 | -22,000 | ||||||||||||||||||||
net income | 26,235,000 | 14,212,000 | 46,398,000 | 36,270,000 | 25,013,000 | 39,106,000 | 38,672,000 | 31,399,000 | 22,092,000 | 23,298,000 | 30,994,000 | 33,597,000 | 8,963,000 | 14,183,000 | 27,076,000 | 16,748,000 | -7,443,000 | 18,615,000 | 11,150,000 | 7,334,000 | 5,822,000 | 9,198,000 | 10,020,000 | 496,000 | 1,963,000 | 4,201,000 | 9,089,000 | 4,311,000 | 1,857,000 | 1,072,000 | 3,853,000 | 3,215,000 | -2,780,000 | -867,763 | -1,282 |
yoy | 4.89% | -63.66% | 19.98% | 15.51% | 13.22% | 67.85% | 24.77% | -6.54% | 146.48% | 64.27% | 14.47% | 100.60% | -220.42% | -23.81% | 142.83% | 128.36% | -227.84% | 102.38% | 11.28% | 1378.63% | 196.59% | 118.95% | 10.24% | -88.49% | 5.71% | 291.88% | 135.89% | 34.09% | -166.80% | -223.54% | -300646.02% | ||||
qoq | 84.60% | -69.37% | 27.92% | 45.00% | -36.04% | 1.12% | 23.16% | 42.13% | -5.18% | -24.83% | -7.75% | 274.84% | -36.80% | -47.62% | 61.67% | -325.02% | -139.98% | 66.95% | 52.03% | 25.97% | -36.70% | -8.20% | 1920.16% | -74.73% | -53.27% | -53.78% | 110.83% | 132.15% | 73.23% | -72.18% | 19.84% | -215.65% | 220.36% | 67588.22% | |
net income margin % | 11.34% | 5.81% | 17.24% | 16.84% | 14.51% | 17.50% | 18.96% | 15.51% | 14.52% | 13.68% | 18.39% | 23.24% | 12.07% | 13.07% | 20.25% | 16.04% | -17.64% | 19.57% | 16.64% | 13.62% | 13.31% | 20.19% | 21.02% | 1.27% | 8.06% | 17.07% | 27.19% | 14.86% | 9.07% | 7.97% | 16.62% | 15.40% | -28.53% | -2.38% | -26.21% |
less: net income attributable to non-controlling interests | 8,928,000 | 6,163,000 | 10,509,000 | 6,510,000 | 4,633,000 | 8,026,000 | 7,768,000 | 7,189,000 | 4,659,000 | 5,598,000 | 5,315,000 | 6,772,000 | 1,818,000 | 2,374,000 | 6,072,000 | 4,512,000 | -1,657,000 | -553,465 | -327 | ||||||||||||||||
net income attributable to acm research, inc. | 17,307,000 | 8,049,000 | 35,889,000 | 29,760,000 | 20,380,000 | 31,080,000 | 30,904,000 | 24,210,000 | 17,433,000 | 17,700,000 | 25,679,000 | 26,825,000 | 7,145,000 | 11,809,000 | 21,004,000 | 12,236,000 | -5,786,000 | 15,565,000 | 10,155,000 | 6,567,000 | 5,470,000 | 8,529,000 | 8,627,000 | -81,000 | 1,705,000 | 3,944,000 | 8,782,000 | 2,286,000 | 3,853,000 | 3,215,000 | -314,298 | -955 | |||
comprehensive income: | |||||||||||||||||||||||||||||||||||
foreign currency translation adjustment, net of tax of nil | 27,797,000 | 3,888,500 | 9,899,000 | 3,905,000 | 1,750,000 | ||||||||||||||||||||||||||||||
comprehensive income | 54,032,000 | 31,993,000 | 58,688,000 | 40,175,000 | 26,763,000 | 13,430,000 | 55,761,000 | 31,515,000 | 15,263,000 | 34,512,000 | 35,009,000 | -1,672,000 | 18,386,000 | 35,415,000 | -15,340,000 | -23,624,000 | -4,989,000 | 22,051,000 | 10,741,000 | 10,334,000 | 4,490,000 | 15,592,000 | 15,777,000 | 738,000 | 63,000 | 6,204,000 | 6,498,000 | 802,750 | 3,107,000 | 2,179,000 | -396,255 | -1,054 | |||
less: comprehensive income attributable to non-controlling interests | 16,167,000 | 10,685,000 | 13,017,000 | 7,250,000 | 4,957,000 | 4,907,000 | 10,842,000 | 7,210,000 | 3,406,000 | 5,807,000 | 7,768,000 | 652,000 | 3,462,000 | 6,232,000 | -1,057,000 | -2,248,000 | -1,073,000 | -368,653 | -237 | ||||||||||||||||
comprehensive income attributable to acm research, inc. | 37,865,000 | 21,308,000 | 45,671,000 | 32,925,000 | 21,806,000 | 8,523,000 | 44,919,000 | 24,305,000 | 11,857,000 | 28,705,000 | 27,241,000 | -2,324,000 | 14,924,000 | 29,183,000 | -14,283,000 | -21,376,000 | -3,916,000 | 18,915,000 | 9,984,000 | 8,537,000 | 4,573,000 | 12,348,000 | 13,079,000 | -872,000 | 757,000 | 6,028,000 | 6,191,000 | ||||||||
net income attributable to acm research, inc. per share of common stock | |||||||||||||||||||||||||||||||||||
basic | 0.26 | 0.338 | 0.56 | 0.47 | 0.32 | 0.293 | 0.49 | 0.39 | 0.28 | 0.248 | 0.43 | 0.45 | 0.12 | 200 | 350 | 210 | -100 | 800 | 520 | 340 | 290 | 460 | 470 | 90 | 210 | 520 | 67.5 | 240 | 200 | ||||||
diluted | 0.24 | 0.315 | 0.52 | 0.44 | 0.3 | 0.268 | 0.45 | 0.35 | 0.26 | 0.225 | 0.39 | 0.41 | 0.11 | 180 | 320 | 180 | -90 | 710 | 460 | 300 | 250 | 410 | 400 | 80 | 190 | 450 | 60 | 210 | 180 | ||||||
weighted-average shares of common stock outstanding used in computing per share amounts | |||||||||||||||||||||||||||||||||||
basic | 65,804,254 | 64,184,776 | 64,381,296 | 63,968,763 | 63,267,834 | 62,212,569 | 62,500,903 | 62,178,369 | 61,367,184 | 60,164,670 | 60,219,218 | 59,898,149 | 59,736,764 | 59,235,975 | 59,360,790 | 59,177,643 | 58,827,390 | 19,218,236 | 19,422,546 | 19,123,659 | 18,786,870 | 18,233,361 | 18,201,943 | 18,050,841 | 18,120,363 | 16,800,623 | 16,999,746 | 16,090,937,000 | 16,044,655 | 15,915,864,000 | 15,838,540 | 15,383,086 | 6,865,390 | 5,581,637 | |
diluted | 69,769,907 | 67,311,893 | 68,414,313 | 67,464,856 | 66,952,774 | 66,237,424 | 66,671,526 | 67,057,846 | 66,242,321 | 64,870,543 | 65,450,941 | 64,929,638 | 65,058,777 | 65,341,771 | 65,612,665 | 65,478,677 | 65,950,922 | 21,785,572 | 22,042,516 | 21,807,744 | 21,868,280 | 21,183,469 | 21,555,296 | 21,516,175 | 21,066,636 | 19,135,497 | 19,354,214 | 18,604,347,000 | 18,225,317 | 18,169,807,000 | 18,119,733 | 15,383,086 | 6,865,390 | 5,581,637 | |
cost of revenue, including cost of revenue from related parties of 19,293 and 45,209 for the three and nine months ended september 30, 2025, respectively, and 11,607 and 28,474 for the three and nine months ended september 30, 2024, respectively | 89,179,750 | 156,011,000 | |||||||||||||||||||||||||||||||||
realized gain on short-term investments | 13,500 | 54,000 | |||||||||||||||||||||||||||||||||
unrealized gain on short-term investments | -2,849,000 | 18,656,000 | 2,730,000 | 2,124,000 | 413,000 | 1,031,000 | |||||||||||||||||||||||||||||
unrealized gain on available-for-sale investments, net of tax | 2,391,000 | ||||||||||||||||||||||||||||||||||
cost of revenue, including cost of revenue from related parties of 16,518 and 25,917 for the three and six months ended june 30, 2025, respectively and 9,637 and 16,867 for the three and six months ended june 30, 2024, respectively | 110,911,000 | ||||||||||||||||||||||||||||||||||
other income | -346,000 | -262,000 | 7,061,000 | -5,164,000 | 1,357,000 | 3,080,000 | -1,714,000 | -2,150,000 | 3,724,000 | -1,418,000 | -6,634,000 | 7,207,000 | 2,505,000 | 237,000 | 469,000 | -2,444,000 | -1,759,000 | 149,000 | 677,000 | -739,000 | 1,850,000 | 303,250 | 902,000 | 1,066,000 | |||||||||||
cost of revenue, including cost of revenue from related parties of 9,399 for the three ended march 31, 2025 and 7,230 for the three months ended march 31, 2024 respectively | 89,797,000 | ||||||||||||||||||||||||||||||||||
realized gain from sale of short-term investments | 1,344,000 | 171,000 | 273,000 | 478,000 | 656,000 | ||||||||||||||||||||||||||||||
cost of revenue, including cost of revenue from related parties of 15,276 and 46,547 for the three and nine months ended september 30, 2024, respectively, and 7,952 and 37,632 for the three and nine months ended september 30, 2023, respectively | 69,477,000 | 99,142,000 | |||||||||||||||||||||||||||||||||
foreign currency translation adjustment, net of tax | -26,104,000 | 17,089,000 | 116,000 | -6,829,000 | 11,214,000 | 4,015,000 | -35,269,000 | 9,423,000 | 21,232,000 | -42,416,000 | -40,372,000 | ||||||||||||||||||||||||
cost of revenue, including cost of revenue from related parties of 16.1 million and 31.3 million for the three and six months ended june 30, 2024, respectively and 11.3 and 29.7 million for the three and six months ended june 30, 2023, respectively | 105,696,000 | ||||||||||||||||||||||||||||||||||
cost of revenue, including cost of revenue from related parties of 15.1 million and 18.4 million for the three months ended march 31, 2024 and 2023, respectively | 73,070,000 | ||||||||||||||||||||||||||||||||||
loss from equity method investments | -520,000 | ||||||||||||||||||||||||||||||||||
cost of revenue | 47,565,750 | 80,055,000 | 75,938,000 | 34,270,000 | 54,737,000 | 67,742,000 | 60,238,000 | 22,500,000 | 49,696,000 | 37,328,000 | 32,184,000 | 25,687,000 | 25,888,000 | 27,324,000 | 19,693,000 | 14,120,000 | 12,165,000 | 17,173,000 | -29,591,000 | 12,892,000 | 12,149,000 | 4,621,000 | 19,269,738 | 2,692 | |||||||||||
realized gain from sale of trading securities | 3,919,000 | 3,994,000 | -20,000 | 1,136,000 | |||||||||||||||||||||||||||||||
unrealized loss on trading securities | -2,455,000 | -654,000 | -3,858,000 | -1,047,000 | |||||||||||||||||||||||||||||||
equity income in net income of affiliates | 3,920,000 | 3,014,000 | 1,251,000 | 472,000 | -71,000 | 3,601,000 | 421,000 | 295,000 | 320,000 | 116,000 | 182,000 | 209,000 | 148,000 | -92,000 | -9,000 | 58,750 | 117,000 | 117,000 | 1,000 | ||||||||||||||||
less: dilutive effect arising from stock-based awards by acm shanghai | -303,000 | ||||||||||||||||||||||||||||||||||
net income available to common stockholders, diluted | 26,522,000 | ||||||||||||||||||||||||||||||||||
equity loss in net loss of affiliates | -32,000 | ||||||||||||||||||||||||||||||||||
income tax benefit | -2,879,000 | -2,660,000 | -10,470,000 | -7,679,000 | 4,011,000 | -3,155,000 | 266,000 | -15,000 | 2,770,000 | 2,798,000 | 1,747,000 | 1,185,000 | 328,000 | -161,750 | -461,000 | -164,000 | -117.75 | 278 | |||||||||||||||||
unrealized gain on trading securities | 1,707,000 | -5,281,000 | -423,000 | -1,210,000 | -919,000 | 3,783,000 | 3,604,000 | 8,970,000 | |||||||||||||||||||||||||||
net income attributable to acm research, inc. per common share | |||||||||||||||||||||||||||||||||||
basic | 0.26 | 0.338 | 0.56 | 0.47 | 0.32 | 0.293 | 0.49 | 0.39 | 0.28 | 0.248 | 0.43 | 0.45 | 0.12 | 200 | 350 | 210 | -100 | 800 | 520 | 340 | 290 | 460 | 470 | 90 | 210 | 520 | 67.5 | 240 | 200 | ||||||
diluted | 0.24 | 0.315 | 0.52 | 0.44 | 0.3 | 0.268 | 0.45 | 0.35 | 0.26 | 0.225 | 0.39 | 0.41 | 0.11 | 180 | 320 | 180 | -90 | 710 | 460 | 300 | 250 | 410 | 400 | 80 | 190 | 450 | 60 | 210 | 180 | ||||||
weighted-average common shares outstanding used in computing per share amounts | |||||||||||||||||||||||||||||||||||
basic | 65,804,254 | 64,184,776 | 64,381,296 | 63,968,763 | 63,267,834 | 62,212,569 | 62,500,903 | 62,178,369 | 61,367,184 | 60,164,670 | 60,219,218 | 59,898,149 | 59,736,764 | 59,235,975 | 59,360,790 | 59,177,643 | 58,827,390 | 19,218,236 | 19,422,546 | 19,123,659 | 18,786,870 | 18,233,361 | 18,201,943 | 18,050,841 | 18,120,363 | 16,800,623 | 16,999,746 | 16,090,937,000 | 16,044,655 | 15,915,864,000 | 15,838,540 | 15,383,086 | 6,865,390 | 5,581,637 | |
diluted | 69,769,907 | 67,311,893 | 68,414,313 | 67,464,856 | 66,952,774 | 66,237,424 | 66,671,526 | 67,057,846 | 66,242,321 | 64,870,543 | 65,450,941 | 64,929,638 | 65,058,777 | 65,341,771 | 65,612,665 | 65,478,677 | 65,950,922 | 21,785,572 | 22,042,516 | 21,807,744 | 21,868,280 | 21,183,469 | 21,555,296 | 21,516,175 | 21,066,636 | 19,135,497 | 19,354,214 | 18,604,347,000 | 18,225,317 | 18,169,807,000 | 18,119,733 | 15,383,086 | 6,865,390 | 5,581,637 | |
foreign currency translation adjustment | 2,454,000 | 3,436,000 | -409,000 | 3,000,000 | -1,332,000 | 6,394,000 | 5,757,000 | 242,000 | -1,900,000 | 2,003,000 | -2,591,000 | -269,250 | -746,000 | -1,036,000 | 705,000 | 471,508 | 228 | ||||||||||||||||||
change in fair value of financial liability | -6,533,000 | -5,431,000 | |||||||||||||||||||||||||||||||||
other income (expenses) | -170,750 | -255,000 | -897,000 | ||||||||||||||||||||||||||||||||
less: net income attributable to non-controlling interests and redeemable non-controlling interests | 3,050,000 | 995,000 | 767,000 | 352,000 | 669,000 | 1,393,000 | 577,000 | ||||||||||||||||||||||||||||
less: comprehensive income attributable to non-controlling interests and redeemable non-controlling interests | 3,136,000 | 757,000 | 1,797,000 | -83,000 | 3,244,000 | 2,698,000 | 1,610,000 | ||||||||||||||||||||||||||||
less: net income attributable to redeemable non-controlling interests | 258,000 | 257,000 | 307,000 | ||||||||||||||||||||||||||||||||
less: comprehensive income attributable to redeemable non-controlling interests | -694,000 | 176,000 | 307,000 | ||||||||||||||||||||||||||||||||
cost of revenue | 15,879,000 | 11,653,000 | |||||||||||||||||||||||||||||||||
gross profit | 13,131,000 | 8,826,000 | |||||||||||||||||||||||||||||||||
operating expenses: | |||||||||||||||||||||||||||||||||||
sales and marketing | 2,924,000 | 1,869,000 | |||||||||||||||||||||||||||||||||
research and development | 3,341,000 | 2,765,000 | |||||||||||||||||||||||||||||||||
general and administrative | 2,205,000 | 1,941,000 | |||||||||||||||||||||||||||||||||
total operating expenses, net | 8,470,000 | 6,575,000 | |||||||||||||||||||||||||||||||||
income from operations | 4,661,000 | ||||||||||||||||||||||||||||||||||
interest income | 24,000 | 9,000 | |||||||||||||||||||||||||||||||||
interest expense | -194,000 | -139,000 | |||||||||||||||||||||||||||||||||
other income, net | 543,000 | -261,000 | |||||||||||||||||||||||||||||||||
equity income in net income of affiliates | 153,000 | 116,000 | |||||||||||||||||||||||||||||||||
income before income taxes | 5,187,000 | 1,976,000 | |||||||||||||||||||||||||||||||||
income tax expense | -876,000 | -119,000 | |||||||||||||||||||||||||||||||||
comprehensive income: | |||||||||||||||||||||||||||||||||||
net income | 4,311,000 | 1,857,000 | |||||||||||||||||||||||||||||||||
foreign currency translation adjustment | -968,000 | 657,000 | |||||||||||||||||||||||||||||||||
total comprehensive income | 3,343,000 | 2,514,000 | |||||||||||||||||||||||||||||||||
net income per common share | |||||||||||||||||||||||||||||||||||
basic | 270 | 120 | |||||||||||||||||||||||||||||||||
diluted | 230 | 100 | |||||||||||||||||||||||||||||||||
weighted-average common shares outstanding used in computing per share amounts | |||||||||||||||||||||||||||||||||||
basic | 65,804,254 | 64,184,776 | 64,381,296 | 63,968,763 | 63,267,834 | 62,212,569 | 62,500,903 | 62,178,369 | 61,367,184 | 60,164,670 | 60,219,218 | 59,898,149 | 59,736,764 | 59,235,975 | 59,360,790 | 59,177,643 | 58,827,390 | 19,218,236 | 19,422,546 | 19,123,659 | 18,786,870 | 18,233,361 | 18,201,943 | 18,050,841 | 18,120,363 | 16,800,623 | 16,999,746 | 16,090,937,000 | 16,044,655 | 15,915,864,000 | 15,838,540 | 15,383,086 | 6,865,390 | 5,581,637 | |
diluted | 69,769,907 | 67,311,893 | 68,414,313 | 67,464,856 | 66,952,774 | 66,237,424 | 66,671,526 | 67,057,846 | 66,242,321 | 64,870,543 | 65,450,941 | 64,929,638 | 65,058,777 | 65,341,771 | 65,612,665 | 65,478,677 | 65,950,922 | 21,785,572 | 22,042,516 | 21,807,744 | 21,868,280 | 21,183,469 | 21,555,296 | 21,516,175 | 21,066,636 | 19,135,497 | 19,354,214 | 18,604,347,000 | 18,225,317 | 18,169,807,000 | 18,119,733 | 15,383,086 | 6,865,390 | 5,581,637 | |
income from operations | 2,251,000 | ||||||||||||||||||||||||||||||||||
less: net loss attributable to non-controlling interests | |||||||||||||||||||||||||||||||||||
less: comprehensive loss attributable to non-controlling interests | |||||||||||||||||||||||||||||||||||
total comprehensive income attributable to acm research, inc. | 802,750 | 3,107,000 | |||||||||||||||||||||||||||||||||
weighted-average common shares outstanding used in computing per share amounts | |||||||||||||||||||||||||||||||||||
basic | 65,804,254 | 64,184,776 | 64,381,296 | 63,968,763 | 63,267,834 | 62,212,569 | 62,500,903 | 62,178,369 | 61,367,184 | 60,164,670 | 60,219,218 | 59,898,149 | 59,736,764 | 59,235,975 | 59,360,790 | 59,177,643 | 58,827,390 | 19,218,236 | 19,422,546 | 19,123,659 | 18,786,870 | 18,233,361 | 18,201,943 | 18,050,841 | 18,120,363 | 16,800,623 | 16,999,746 | 16,090,937,000 | 16,044,655 | 15,915,864,000 | 15,838,540 | 15,383,086 | 6,865,390 | 5,581,637 | |
diluted | 69,769,907 | 67,311,893 | 68,414,313 | 67,464,856 | 66,952,774 | 66,237,424 | 66,671,526 | 67,057,846 | 66,242,321 | 64,870,543 | 65,450,941 | 64,929,638 | 65,058,777 | 65,341,771 | 65,612,665 | 65,478,677 | 65,950,922 | 21,785,572 | 22,042,516 | 21,807,744 | 21,868,280 | 21,183,469 | 21,555,296 | 21,516,175 | 21,066,636 | 19,135,497 | 19,354,214 | 18,604,347,000 | 18,225,317 | 18,169,807,000 | 18,119,733 | 15,383,086 | 6,865,390 | 5,581,637 | |
total comprehensive income attributable to acm research, inc. | 2,179,000 | -27,602 | -817 | ||||||||||||||||||||||||||||||||
weighted-average common shares outstanding used in computing per share amounts | |||||||||||||||||||||||||||||||||||
basic | 65,804,254 | 64,184,776 | 64,381,296 | 63,968,763 | 63,267,834 | 62,212,569 | 62,500,903 | 62,178,369 | 61,367,184 | 60,164,670 | 60,219,218 | 59,898,149 | 59,736,764 | 59,235,975 | 59,360,790 | 59,177,643 | 58,827,390 | 19,218,236 | 19,422,546 | 19,123,659 | 18,786,870 | 18,233,361 | 18,201,943 | 18,050,841 | 18,120,363 | 16,800,623 | 16,999,746 | 16,090,937,000 | 16,044,655 | 15,915,864,000 | 15,838,540 | 15,383,086 | 6,865,390 | 5,581,637 | |
diluted | 69,769,907 | 67,311,893 | 68,414,313 | 67,464,856 | 66,952,774 | 66,237,424 | 66,671,526 | 67,057,846 | 66,242,321 | 64,870,543 | 65,450,941 | 64,929,638 | 65,058,777 | 65,341,771 | 65,612,665 | 65,478,677 | 65,950,922 | 21,785,572 | 22,042,516 | 21,807,744 | 21,868,280 | 21,183,469 | 21,555,296 | 21,516,175 | 21,066,636 | 19,135,497 | 19,354,214 | 18,604,347,000 | 18,225,317 | 18,169,807,000 | 18,119,733 | 15,383,086 | 6,865,390 | 5,581,637 | |
net loss attributable to acm research, inc. | -2,780,000 | ||||||||||||||||||||||||||||||||||
comprehensive loss | -2,075,000 | ||||||||||||||||||||||||||||||||||
total comprehensive loss attributable to acm research, inc. | -2,075,000 | ||||||||||||||||||||||||||||||||||
net loss per common share | |||||||||||||||||||||||||||||||||||
basic | -180 | ||||||||||||||||||||||||||||||||||
diluted | -180 | ||||||||||||||||||||||||||||||||||
operating expenses, net: | |||||||||||||||||||||||||||||||||||
equity in net income of affiliates | 36,980 | 20 | |||||||||||||||||||||||||||||||||
non-operating income | -132.75 | -239 | |||||||||||||||||||||||||||||||||
net income per common shares | |||||||||||||||||||||||||||||||||||
basic | -49.28 | -0.17 | |||||||||||||||||||||||||||||||||
diluted | -49.28 | -0.17 | |||||||||||||||||||||||||||||||||
weighted-average common stocks outstanding used in computing per share amounts | |||||||||||||||||||||||||||||||||||
basic | 65,804,254 | 64,184,776 | 64,381,296 | 63,968,763 | 63,267,834 | 62,212,569 | 62,500,903 | 62,178,369 | 61,367,184 | 60,164,670 | 60,219,218 | 59,898,149 | 59,736,764 | 59,235,975 | 59,360,790 | 59,177,643 | 58,827,390 | 19,218,236 | 19,422,546 | 19,123,659 | 18,786,870 | 18,233,361 | 18,201,943 | 18,050,841 | 18,120,363 | 16,800,623 | 16,999,746 | 16,090,937,000 | 16,044,655 | 15,915,864,000 | 15,838,540 | 15,383,086 | 6,865,390 | 5,581,637 | |
diluted | 69,769,907 | 67,311,893 | 68,414,313 | 67,464,856 | 66,952,774 | 66,237,424 | 66,671,526 | 67,057,846 | 66,242,321 | 64,870,543 | 65,450,941 | 64,929,638 | 65,058,777 | 65,341,771 | 65,612,665 | 65,478,677 | 65,950,922 | 21,785,572 | 22,042,516 | 21,807,744 | 21,868,280 | 21,183,469 | 21,555,296 | 21,516,175 | 21,066,636 | 19,135,497 | 19,354,214 | 18,604,347,000 | 18,225,317 | 18,169,807,000 | 18,119,733 | 15,383,086 | 6,865,390 | 5,581,637 |
Balance Sheets:
Quarterly
Annual
| Unit: USD | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 | 2023-12-31 | 2023-09-30 | 2023-06-30 | 2023-03-31 | 2022-12-31 | 2022-09-30 | 2022-06-30 | 2022-03-31 | 2021-12-31 | 2021-09-30 | 2021-06-30 | 2021-03-31 | 2020-12-31 | 2020-09-30 | 2020-06-30 | 2020-03-31 | 2019-12-31 | 2019-09-30 | 2019-06-30 | 2019-03-31 | 2018-12-31 | 2018-09-30 | 2018-06-30 | 2018-03-31 | 2017-12-31 | 2017-09-30 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
assets | |||||||||||||||||||||||||||||||||||
current assets: | |||||||||||||||||||||||||||||||||||
cash and cash equivalents | 872,269,000 | 757,373,000 | 1,058,909,000 | 442,088,000 | 457,240,000 | 407,445,000 | 333,472,000 | 324,031,000 | 211,305,000 | 182,090,000 | 207,101,000 | 257,420,000 | 260,387,000 | 247,951,000 | 336,275,000 | 323,716,000 | 380,311,000 | 563,067,000 | 65,036,000 | 70,209,000 | 78,796,000 | 71,766,000 | 92,203,000 | 86,397,000 | 52,283,000 | 58,261,000 | 47,264,000 | 27,578,000 | 27,367,000 | 27,124,000 | 18,238,000 | 17,435,000 | 15,186,000 | 17,681,000 | 17,074,000 |
restricted cash | 21,866,000 | 8,589,000 | 8,430,000 | 10,798,000 | 10,586,000 | 3,865,000 | 1,782,000 | 881,000 | 808,000 | 1,083,000 | 560,000 | 582,000 | 460,000 | 500,000 | 367,000 | 628,000 | 58,726,000 | 59,598,000 | 26,582,000 | 433,000 | |||||||||||||||
short-term time deposits | 358,237,000 | 366,591,000 | 30,922,000 | 31,019,000 | 17,202,000 | 17,277,000 | 20,304,000 | 27,183,000 | 48,364,000 | 80,524,000 | 75,651,000 | 6,000,000 | 2,999,000 | 70,492,000 | 66,176,000 | 70,030,000 | 74,025,000 | ||||||||||||||||||
short-term investments | 34,662,000 | 35,524,000 | 39,976,000 | 21,115,000 | 18,319,000 | 19,373,000 | 20,351,000 | 19,597,000 | 18,648,000 | 21,312,000 | 21,844,000 | ||||||||||||||||||||||||
accounts receivable | 526,507,000 | 504,250,000 | 476,996,000 | 387,849,000 | 370,589,000 | 293,499,000 | 296,371,000 | 283,186,000 | 248,477,000 | 200,745,000 | 186,130,000 | 182,936,000 | 188,341,000 | 154,627,000 | |||||||||||||||||||||
other receivables | 53,595,000 | 48,655,000 | 50,450,000 | 43,708,000 | 35,050,000 | 41,859,000 | 57,849,000 | 53,694,000 | 51,316,000 | 40,065,000 | 36,126,000 | 34,491,000 | 36,178,000 | 29,617,000 | 15,135,000 | 16,208,000 | 23,602,000 | 18,979,000 | 13,165,000 | 10,733,000 | 11,216,000 | 9,679,000 | 6,177,000 | 7,651,000 | 3,236,000 | 2,603,000 | 2,152,000 | 2,388,000 | 2,982,000 | 3,547,000 | 1,591,000 | 1,308,000 | 1,222,000 | 2,491,000 | 2,017,000 |
inventories | 737,995,000 | 702,631,000 | 676,409,000 | 648,278,000 | 609,567,000 | 597,984,000 | 628,720,000 | 602,927,000 | 581,140,000 | 545,395,000 | 507,431,000 | 471,094,000 | 473,299,000 | 393,172,000 | 327,792,000 | 288,080,000 | 271,538,000 | 218,116,000 | 176,609,000 | 136,852,000 | 103,226,000 | 88,639,000 | 64,182,000 | 49,772,000 | 44,987,000 | 44,796,000 | 43,506,000 | 45,494,000 | 42,253,000 | 38,764,000 | 29,809,000 | 27,531,000 | |||
advances to related parties | 870,000 | 2,500,000 | 927,000 | 682,000 | |||||||||||||||||||||||||||||||
prepaid expenses and other current assets | 13,352,000 | 10,567,000 | 15,143,000 | 14,303,000 | 10,677,000 | ||||||||||||||||||||||||||||||
total current assets | 2,619,353,000 | 2,436,680,000 | 2,358,162,000 | 1,645,653,000 | 1,547,874,000 | 1,483,379,000 | 1,445,314,000 | 1,343,162,000 | 1,229,356,000 | 1,176,110,000 | 1,115,894,000 | 996,832,000 | 993,811,000 | 963,806,000 | 971,242,000 | 900,628,000 | 904,977,000 | 952,934,000 | 377,347,000 | 329,361,000 | 286,552,000 | 260,656,000 | 251,777,000 | 205,880,000 | 198,477,000 | 198,396,000 | 163,654,000 | 108,400,000 | 99,505,000 | 96,028,000 | 82,777,000 | 81,879,000 | 66,494,000 | 62,914,000 | 56,022,000 |
property, plant and equipment | 324,020,000 | 314,830,000 | 296,714,000 | 290,944,000 | 277,065,000 | 269,272,000 | 250,099,000 | 228,731,000 | 218,822,000 | 201,848,000 | 190,882,000 | 159,013,000 | 149,904,000 | 82,875,000 | 66,470,000 | 57,266,000 | 57,680,000 | 14,042,000 | 10,005,000 | 8,985,000 | 8,772,000 | 8,192,000 | 5,974,000 | 3,956,000 | 3,495,000 | 3,619,000 | 3,573,000 | 3,376,000 | 3,719,000 | 3,708,000 | 3,593,000 | 3,050,000 | 2,731,000 | 2,340,000 | 2,346,000 |
operating lease right-of-use assets | 17,060,000 | 17,925,000 | 18,026,000 | 17,285,000 | 17,747,000 | 14,038,000 | 5,680,000 | 6,252,000 | 6,498,000 | 7,026,000 | 7,184,000 | 7,809,000 | 7,408,000 | 2,489,000 | 2,647,000 | 3,478,000 | 4,028,000 | 4,182,000 | 4,599,000 | 5,209,000 | 5,349,000 | 4,297,000 | 4,568,000 | 4,648,000 | 3,547,000 | 3,887,000 | 4,205,000 | 4,550,000 | 4,787,000 | ||||||
intangible assets | 2,722,000 | 2,847,000 | 2,706,000 | 2,849,000 | 2,997,000 | 3,461,000 | 2,838,000 | 2,836,000 | 2,803,000 | 2,538,000 | 2,163,000 | 2,107,000 | 1,233,000 | 1,255,000 | 873,000 | 661,000 | 748,000 | 477,000 | 556,000 | 630,000 | 602,000 | 554,000 | 335,000 | 329,000 | 307,000 | 344,000 | 285,000 | 307,000 | 263,000 | 274,000 | 300,000 | 231,000 | 126,000 | 106,000 | 35,000 |
deferred tax assets | 30,224,000 | 29,389,000 | 26,641,000 | 22,341,000 | 16,457,000 | 14,781,000 | 13,400,000 | 20,898,000 | 21,360,000 | 20,271,000 | 16,486,000 | 11,249,000 | 13,035,000 | 6,703,000 | 6,576,000 | 10,767,000 | 15,303,000 | 13,166,000 | 15,795,000 | 14,691,000 | 13,908,000 | 11,076,000 | 10,093,000 | 5,763,000 | 5,212,000 | 5,331,000 | 2,309,000 | 1,635,000 | 1,669,000 | 1,637,000 | 1,230,000 | 1,278,000 | 1,345,000 | 1,294,000 | 1,433,000 |
long-term investments | 68,467,000 | 66,035,000 | 63,556,000 | 56,723,000 | 54,814,000 | 37,063,000 | 33,655,000 | 31,898,000 | 31,293,000 | 27,880,000 | 22,306,000 | 16,122,000 | 17,265,000 | 17,459,000 | 18,538,000 | 12,612,000 | 12,666,000 | 12,694,000 | 7,408,000 | 7,006,000 | 6,632,000 | 6,340,000 | 6,580,000 | 20,360,000 | 6,015,000 | 5,934,000 | 5,968,000 | 1,738,000 | |||||||
other long-term assets | 4,052,000 | 4,479,000 | 4,838,000 | 3,920,000 | 3,421,000 | 20,452,000 | 21,352,000 | 10,917,000 | 10,471,000 | 6,050,000 | 3,851,000 | 3,388,000 | 3,479,000 | 50,265,000 | 2,373,000 | 2,520,000 | 3,559,000 | 45,017,000 | 44,243,000 | 43,434,000 | 40,475,000 | 40,496,000 | 8,008,000 | 16,466,000 | 155,000 | 192,000 | 222,000 | 263,000 | 40,000 | 41,000 | 40,000 | ||||
total assets | 3,065,898,000 | 2,872,185,000 | 2,770,643,000 | 2,039,715,000 | 1,933,768,000 | 1,855,721,000 | 1,794,175,000 | 1,667,575,000 | 1,556,749,000 | 1,490,908,000 | 1,410,248,000 | 1,316,914,000 | 1,312,751,000 | 1,235,500,000 | 1,147,666,000 | 1,071,524,000 | 1,087,372,000 | 1,052,179,000 | 469,509,000 | 418,958,000 | 371,819,000 | 341,257,000 | 296,619,000 | 257,402,000 | 217,208,000 | 217,703,000 | 180,216,000 | 120,269,000 | 111,419,000 | 103,047,000 | 89,413,000 | 87,833,000 | 71,934,000 | 67,891,000 | 61,056,000 |
liabilities and equity | |||||||||||||||||||||||||||||||||||
current liabilities: | |||||||||||||||||||||||||||||||||||
short-term borrowings | 93,981,000 | 74,041,000 | 45,049,000 | 52,969,000 | 24,951,000 | 32,814,000 | 33,795,000 | 54,439,000 | 54,706,000 | 31,335,000 | 33,911,000 | 53,976,000 | 56,745,000 | 56,004,000 | 50,688,000 | 4,898,000 | 9,600,000 | 9,591,000 | 15,201,000 | 22,162,000 | 23,490,000 | 26,147,000 | 28,327,000 | 25,772,000 | 3,892,000 | 13,753,000 | 15,665,000 | 15,110,000 | 12,829,000 | 9,447,000 | 10,163,000 | 9,932,000 | 10,376,000 | 5,095,000 | 3,472,000 |
current portion of long-term borrowings | 13,302,000 | 35,082,000 | 48,637,000 | 62,139,000 | 67,935,000 | 44,472,000 | 30,670,000 | 19,671,000 | 6,549,000 | 6,783,000 | 6,717,000 | 3,239,000 | 2,369,000 | 2,322,000 | 2,260,000 | 2,328,000 | 2,441,000 | 2,410,000 | 2,351,000 | 1,799,000 | 1,598,000 | 1,591,000 | |||||||||||||
related parties accounts payable | 31,791,000 | 32,060,000 | 23,323,000 | 19,827,000 | |||||||||||||||||||||||||||||||
accounts payable | 208,867,000 | 215,440,000 | 180,884,000 | 148,780,000 | 116,441,000 | 139,294,000 | 170,810,000 | 142,418,000 | 135,499,000 | 141,814,000 | 136,675,000 | 106,861,000 | 116,558,000 | 101,735,000 | 92,325,000 | 93,902,000 | 108,494,000 | 101,350,000 | 92,825,000 | 67,031,000 | 44,721,000 | 35,603,000 | 35,639,000 | 27,986,000 | 18,616,000 | 13,262,000 | 15,440,000 | 18,238,000 | 13,333,000 | 16,673,000 | 11,991,000 | 17,755,000 | 5,525,000 | 7,419,000 | 8,667,000 |
advances from customers | 168,825,000 | 187,809,000 | 203,506,000 | 221,446,000 | 241,456,000 | 243,949,000 | 215,678,000 | 205,609,000 | 182,547,000 | 181,368,000 | 191,393,000 | 195,485,000 | 180,453,000 | 153,773,000 | 136,610,000 | 94,421,000 | 82,036,000 | 52,824,000 | 52,681,000 | 43,845,000 | 32,668,000 | 17,888,000 | 8,011,000 | 8,780,000 | 9,236,000 | 9,129,000 | 8,397,000 | 5,684,000 | 8,469,000 | 8,417,000 | 3,918,000 | 1,931,000 | 264,000 | 143,000 | 75,000 |
deferred revenue | 10,954,000 | 17,388,000 | 15,550,000 | 13,660,000 | 10,781,000 | 8,537,000 | 10,138,000 | 5,279,000 | 4,405,000 | 3,687,000 | 4,747,000 | 5,050,000 | 4,400,000 | 4,174,000 | 4,911,000 | 2,950,000 | 2,699,000 | 3,180,000 | 2,403,000 | 2,348,000 | 1,315,000 | 1,343,000 | 819,000 | 474,000 | |||||||||||
income taxes payable | 24,780,000 | 991,000 | 253,000 | 6,168,000 | 12,779,000 | 6,796,000 | 11,136,000 | 11,403,000 | 6,401,000 | 11,061,000 | 10,324,000 | 8,579,000 | 3,469,000 | 8,564,000 | 2,032,000 | -1,744,000 | 254,000 | 1,233,000 | 482,000 | 105,000 | 31,000 | 3,589,000 | 1,669,000 | 3,347,000 | 3,129,000 | 1,326,000 | 1,016,000 | 1,228,000 | 1,193,000 | 689,000 | 231,000 | 44,000 | 44,000 | ||
fin-48 payable | 28,308,000 | 27,719,000 | 21,768,000 | 21,373,000 | 19,483,000 | 19,466,000 | 8,991,000 | 12,093,000 | 12,131,000 | 12,149,000 | 6,487,000 | 6,446,000 | 6,774,000 | 6,686,000 | 2,054,000 | 2,171,000 | 2,292,000 | 2,282,000 | 83,000 | 83,000 | 82,000 | 83,000 | |||||||||||||
other payables and accrued expenses | 160,075,000 | 150,396,000 | 135,032,000 | 126,787,000 | 118,814,000 | 121,657,000 | 115,388,000 | 114,940,000 | 107,098,000 | 102,951,000 | 80,400,000 | 59,997,000 | 52,966,000 | 52,201,000 | 40,281,000 | 39,195,000 | 36,555,000 | 31,735,000 | 25,950,000 | 21,871,000 | 21,885,000 | 18,805,000 | 18,494,000 | 15,357,000 | 14,331,000 | 12,874,000 | 13,970,000 | 11,993,000 | 11,834,000 | 10,410,000 | 8,090,000 | 6,518,000 | 6,542,000 | 6,026,000 | 5,264,000 |
current portion of operating lease liabilities | 4,795,000 | 4,786,000 | 4,120,000 | 3,778,000 | 3,564,000 | 2,132,000 | 2,377,000 | 2,573,000 | 2,668,000 | 2,876,000 | |||||||||||||||||||||||||
total current liabilities | 745,678,000 | 745,712,000 | 677,869,000 | 671,012,000 | 628,878,000 | 641,233,000 | 610,035,000 | 586,170,000 | 533,249,000 | 500,659,000 | 481,951,000 | 456,299,000 | 450,211,000 | 396,214,000 | 345,602,000 | 252,733,000 | 244,449,000 | 205,939,000 | 195,207,000 | 162,058,000 | 128,035,000 | 102,908,000 | 96,267,000 | 96,516,000 | 50,767,000 | 53,502,000 | 56,148,000 | 53,401,000 | 49,019,000 | 46,140,000 | 34,851,000 | 36,367,000 | 22,751,000 | 21,817,000 | 20,566,000 |
long-term borrowings | 220,858,000 | 178,930,000 | 193,356,000 | 162,991,000 | 134,540,000 | 105,525,000 | 106,069,000 | 70,833,000 | 53,408,000 | 53,952,000 | 39,753,000 | 15,899,000 | 18,245,000 | 18,687,000 | 18,810,000 | 20,642,000 | 22,344,000 | 22,957,000 | 23,080,000 | 18,717,000 | 17,444,000 | 17,979,000 | |||||||||||||
long-term operating lease liabilities | 4,125,000 | 5,069,000 | 5,882,000 | 5,496,000 | 6,149,000 | 3,840,000 | 3,303,000 | 3,679,000 | 3,830,000 | 4,308,000 | |||||||||||||||||||||||||
other long-term liabilities | 11,765,000 | 11,965,000 | 8,322,000 | 8,527,000 | 8,848,000 | 9,217,000 | 5,685,000 | 5,505,000 | 5,469,000 | 5,873,000 | 6,106,000 | 6,566,000 | 7,195,000 | 7,321,000 | 6,660,000 | 8,063,000 | 8,545,000 | 8,447,000 | 5,303,000 | 4,557,000 | 6,639,000 | 8,034,000 | 6,454,000 | 6,584,000 | 5,830,000 | 4,186,000 | 2,980,000 | 3,963,000 | 3,296,000 | 4,583,000 | 5,230,000 | 5,869,000 | 6,181,000 | 6,217,000 | 6,682,000 |
total liabilities | 982,426,000 | 941,676,000 | 885,429,000 | 848,026,000 | 778,415,000 | 759,815,000 | 725,092,000 | 666,187,000 | 595,956,000 | 564,746,000 | 532,118,000 | 483,531,000 | 480,046,000 | 423,329,000 | 373,568,000 | 284,379,000 | 278,598,000 | 240,514,000 | 227,002,000 | 189,402,000 | 156,572,000 | 133,087,000 | 105,901,000 | 106,417,000 | 58,799,000 | 60,220,000 | 61,983,000 | 60,554,000 | 55,777,000 | 50,723,000 | 40,081,000 | 42,236,000 | 28,932,000 | 28,034,000 | 27,248,000 |
commitments and contingencies | |||||||||||||||||||||||||||||||||||
equity: | |||||||||||||||||||||||||||||||||||
stockholders’ equity: | |||||||||||||||||||||||||||||||||||
class a common stock | 6,000 | 6,000 | 6,000 | 6,000 | 6,000 | 6,000 | 6,000 | 6,000 | 6,000 | 6,000 | 6,000 | 5,000 | 5,000 | 5,000 | 5,000 | ||||||||||||||||||||
class b common stock | 1,000 | 1,000 | 1,000 | 1,000 | 1,000 | 1,000 | 1,000 | 1,000 | 1,000 | 1,000 | 1,000 | 1,000 | 1,000 | 1,000 | 1,000 | ||||||||||||||||||||
additional paid-in capital | 1,194,786,000 | 1,115,504,000 | 1,105,129,000 | 704,570,000 | 700,191,000 | 677,476,000 | 669,540,000 | 659,462,000 | 646,800,000 | 629,845,000 | 620,210,000 | 612,699,000 | 606,398,000 | 604,089,000 | 601,431,000 | 599,138,000 | |||||||||||||||||||
retained earnings | 367,735,000 | 350,428,000 | 346,029,000 | 310,140,000 | 280,380,000 | 260,000,000 | 229,374,000 | 198,470,000 | 174,260,000 | 156,827,000 | 152,306,000 | 124,284,000 | 101,410,000 | 94,426,000 | 91,186,000 | 70,182,000 | |||||||||||||||||||
statutory surplus reserve | 34,164,000 | 34,164,000 | 30,514,000 | 30,514,000 | 30,514,000 | 30,514,000 | 30,060,000 | 30,060,000 | 30,060,000 | 30,060,000 | 16,881,000 | 16,881,000 | 16,881,000 | 16,881,000 | 8,312,000 | 8,312,000 | |||||||||||||||||||
accumulated other comprehensive loss | -15,182,000 | -35,740,000 | -48,999,000 | -58,781,000 | -61,946,000 | -63,372,000 | -40,815,000 | -54,830,000 | -54,925,000 | -49,349,000 | -60,354,000 | -61,916,000 | -32,768,000 | -3,415,000 | -2,623,000 | -1,675,000 | -3,077,000 | -1,168,000 | -200,000 | 827,000 | -109,000 | ||||||||||||||
total acm research, inc. stockholders’ equity | 1,581,510,000 | 1,464,363,000 | 1,432,680,000 | 986,450,000 | 949,146,000 | 904,625,000 | 888,166,000 | 833,169,000 | 796,202,000 | 767,390,000 | 729,050,000 | 691,954,000 | 691,927,000 | 674,856,000 | 643,015,000 | 655,005,000 | 674,386,000 | 676,204,000 | 173,016,000 | 160,823,000 | 148,311,000 | 141,150,000 | 126,942,000 | 89,907,000 | 5,793,000 | ||||||||||
non-controlling interests | 501,962,000 | 466,146,000 | 452,534,000 | 205,239,000 | 206,207,000 | 191,281,000 | 180,917,000 | 168,219,000 | 164,591,000 | 158,772,000 | 149,080,000 | 141,429,000 | 140,778,000 | 137,315,000 | 131,083,000 | 132,140,000 | 134,388,000 | 135,461,000 | 69,491,000 | 68,733,000 | 66,936,000 | 67,020,000 | 63,776,000 | 61,078,000 | 4,181,000 | ||||||||||
total equity | 2,083,472,000 | 1,930,509,000 | 1,885,214,000 | 1,191,689,000 | 1,155,353,000 | 1,095,906,000 | 1,069,083,000 | 1,001,388,000 | 960,793,000 | 926,162,000 | 878,130,000 | 833,383,000 | 832,705,000 | 812,171,000 | 774,098,000 | 787,145,000 | |||||||||||||||||||
total liabilities and equity | 3,065,898,000 | 2,872,185,000 | 2,770,643,000 | 2,039,715,000 | 1,933,768,000 | 1,855,721,000 | 1,794,175,000 | 1,667,575,000 | 1,556,749,000 | 1,490,908,000 | 1,410,248,000 | 1,316,914,000 | 1,312,751,000 | 1,235,500,000 | 1,147,666,000 | 1,071,524,000 | |||||||||||||||||||
long-term time deposits | 13,393,000 | 13,275,000 | 13,517,000 | 14,656,000 | 27,841,000 | 40,818,000 | 43,183,000 | 112,104,000 | 117,855,000 | 101,956,000 | 70,400,000 | 74,500,000 | 78,750,000 | ||||||||||||||||||||||
account receivables | 433,662,000 | 387,045,000 | |||||||||||||||||||||||||||||||||
advances to related party | 1,384,000 | 1,024,000 | 1,453,000 | 2,756,000 | 1,338,000 | 2,432,000 | 1,164,000 | 1,155,000 | 2,306,000 | 3,322,000 | 5,158,000 | 3,073,000 | |||||||||||||||||||||||
related party accounts payable | 19,285,000 | 16,133,000 | 15,392,000 | 18,012,000 | 16,243,000 | 11,407,000 | 7,684,000 | 11,879,000 | 18,354,000 | 14,468,000 | 6,589,000 | 9,062,000 | |||||||||||||||||||||||
prepaid expenses | 7,507,000 | 10,794,000 | 18,594,000 | 20,066,000 | 20,023,000 | 17,540,000 | 18,970,000 | 19,319,000 | 15,607,000 | 17,771,000 | 18,851,000 | 21,771,000 | 16,639,000 | 7,531,000 | 8,953,000 | 5,917,000 | 5,892,000 | 5,531,000 | 3,157,000 | 1,985,000 | 2,047,000 | 1,006,000 | 1,547,000 | 1,833,000 | 1,985,000 | 2,142,000 | 2,316,000 | 2,383,000 | 546,000 | 801,000 | |||||
land use right | 8,320,000 | 8,225,000 | 8,305,000 | 8,367,000 | 8,299,000 | 8,290,000 | 8,761,000 | 8,692,000 | 8,547,000 | 9,092,000 | 9,661,000 | 9,667,000 | 9,556,000 | 9,642,000 | 9,529,000 | 9,646,000 | 9,284,000 | ||||||||||||||||||
current portion of operating lease liability | 2,764,000 | 3,042,000 | 3,013,000 | 1,382,000 | 1,320,000 | 1,774,000 | 2,076,000 | 2,313,000 | 2,480,000 | 2,437,000 | 2,171,000 | 1,417,000 | 1,388,000 | 1,331,000 | 1,345,000 | 1,355,000 | 1,350,000 | 1,360,000 | 1,326,000 | ||||||||||||||||
long-term operating lease liability | 4,262,000 | 4,767,000 | 4,395,000 | 1,107,000 | 1,327,000 | 1,704,000 | 1,952,000 | 1,869,000 | 2,119,000 | 2,772,000 | 3,178,000 | 2,880,000 | 3,180,000 | 3,317,000 | 2,202,000 | 2,532,000 | 2,855,000 | 3,190,000 | 3,462,000 | ||||||||||||||||
trading securities | 6,375,000 | 12,733,000 | 20,209,000 | 14,164,000 | 23,894,000 | 25,772,000 | 29,498,000 | 30,219,000 | 31,257,000 | 27,003,000 | 28,239,000 | 23,888,000 | |||||||||||||||||||||||
income tax receivable | 63,000 | 1,521,000 | |||||||||||||||||||||||||||||||||
deferred tax liability | 1,169,000 | 1,237,000 | 1,308,000 | 1,302,000 | 1,293,000 | 1,298,000 | 1,276,000 | 1,286,000 | |||||||||||||||||||||||||||
accumulated other comprehensive income | -40,546,000 | -57,920,000 | -22,633,000 | 10,979,000 | 9,109,000 | 5,759,000 | 5,931,000 | 3,961,000 | 4,857,000 | 1,037,000 | -857,000 | -955,000 | -209,000 | 122,000 | |||||||||||||||||||||
common stock | 5,000 | ||||||||||||||||||||||||||||||||||
accounts receivables | 106,351,000 | 105,553,000 | 84,787,000 | 71,357,000 | 60,394,000 | 56,441,000 | 59,796,000 | 58,903,000 | 37,260,000 | 31,091,000 | 43,144,000 | 31,393,000 | 25,070,000 | 24,608,000 | 30,965,000 | 33,289,000 | 27,793,000 | 26,762,000 | 15,784,000 | ||||||||||||||||
income tax recoverable | 1,607,000 | 1,082,000 | |||||||||||||||||||||||||||||||||
liabilities and stockholders’ equity | |||||||||||||||||||||||||||||||||||
common stock – class a, par value 0.0001... | 5,000 | 2,000 | 2,000 | 2,000 | 2,000 | 2,000 | 2,000 | 2,000 | 2,000 | 2,000 | 2,000 | 1,000 | 1,000 | 1,000 | 1,000 | 1,000 | 1,000 | ||||||||||||||||||
common stock –class b, par value 0.0001... | 1,000 | ||||||||||||||||||||||||||||||||||
additional paid in capital | 597,143,000 | 595,049,000 | 110,776,000 | 108,566,000 | 104,591,000 | 102,004,000 | 100,145,000 | 76,189,000 | 84,351,000 | 83,487,000 | 82,857,000 | 58,101,000 | 57,371,000 | 56,567,000 | 55,959,000 | 55,331,000 | 54,915,000 | 49,695,000 | 19,244,000 | ||||||||||||||||
accumulated surplus | 66,258,000 | 72,044,000 | 56,479,000 | 46,324,000 | 39,757,000 | 34,287,000 | 25,758,000 | 17,131,000 | 17,212,000 | 15,507,000 | 11,563,000 | 2,781,000 | |||||||||||||||||||||||
total stockholders’ equity | 808,774,000 | 811,665,000 | 242,507,000 | 229,556,000 | 215,247,000 | 208,170,000 | 190,718,000 | 150,985,000 | 98,942,000 | 97,321,000 | 91,345,000 | 59,715,000 | 55,642,000 | 52,324,000 | 49,332,000 | 45,597,000 | 43,002,000 | 39,857,000 | 9,974,000 | ||||||||||||||||
total liabilities and stockholders’ equity | 1,087,372,000 | 1,052,179,000 | 469,509,000 | 418,958,000 | 371,819,000 | 120,269,000 | 111,419,000 | 103,047,000 | 89,413,000 | 87,833,000 | 71,934,000 | ||||||||||||||||||||||||
common stock–class b, par value 0.0001... | |||||||||||||||||||||||||||||||||||
liabilities, redeemable non-controlling interests and stockholders’ equity | |||||||||||||||||||||||||||||||||||
redeemable non-controlling interests | 59,467,000 | 60,162,000 | 26,888,000 | ||||||||||||||||||||||||||||||||
total liabilities, redeemable non-controlling interests, and stockholders’ equity | 341,257,000 | 296,619,000 | 257,402,000 | 217,208,000 | 217,703,000 | 180,216,000 | |||||||||||||||||||||||||||||
financial liability carried at fair value | 15,147,000 | ||||||||||||||||||||||||||||||||||
investment in affiliates, equity method | 1,476,000 | 1,360,000 | 1,472,000 | 1,355,000 | 1,238,000 | 1,237,000 | |||||||||||||||||||||||||||||
accumulated deficit | -1,530,000 | -3,387,000 | -5,673,000 | -9,526,000 | -12,741,000 | -9,961,000 | -13,344,000 | ||||||||||||||||||||||||||||
other current assets | 32,000 | 45,000 | 46,000 | 890,000 | |||||||||||||||||||||||||||||||
warrant liability | 3,079,000 | 3,033,000 | |||||||||||||||||||||||||||||||||
common stock – class b, par value 0.0001... | |||||||||||||||||||||||||||||||||||
inventory | 19,865,000 | 15,388,000 | 18,077,000 | ||||||||||||||||||||||||||||||||
liabilities, redeemable convertible preferred stock and stockholders’ equity | |||||||||||||||||||||||||||||||||||
notes payable | 11,000 | 11,000 | |||||||||||||||||||||||||||||||||
investors’ deposits | |||||||||||||||||||||||||||||||||||
redeemable convertible preferred stock, with par value 0.0001... | |||||||||||||||||||||||||||||||||||
series a: 385,000 shares authorized, no shares issued or outstanding as of december 31, 2017; 385,000 shares issued and outstanding as of december 31, 2016 | |||||||||||||||||||||||||||||||||||
series b: 1,572,000 shares authorized, no shares issued or outstanding as of december 31, 2017; 1,572,000 issued and outstanding as of december 31, 2016 | |||||||||||||||||||||||||||||||||||
series c: 1,360,962 shares authorized, no shares issued or outstanding as of december 31, 2017; 1,360,962 issued and outstanding as of december 31, 2016 (liquidation value of 0 and 2,041 at december 31,2017 and 2016). | |||||||||||||||||||||||||||||||||||
series d: 2,659,975 shares authorized, no shares issued or outstanding as of december 31, 2017; 1,326,642 shares issued and outstanding as of december 31, 2016 | |||||||||||||||||||||||||||||||||||
series e: 10,718,530 shares authorized, no shares issued or outstanding as of december 31, 2017 and 2016 | |||||||||||||||||||||||||||||||||||
series f: 6,000,000 shares authorized, no shares issued or outstanding as of december 31, 2017; 3,663,254 issued and outstanding as of december 31, 2016 | |||||||||||||||||||||||||||||||||||
total redeemable convertible preferred stock | 23,834,000 | ||||||||||||||||||||||||||||||||||
stockholders’ equity | |||||||||||||||||||||||||||||||||||
common stock – class a, with par value 0.0001... | 1,000 | 1,000 | |||||||||||||||||||||||||||||||||
common stock – class b, with par value 0.0001... | 1,000 | ||||||||||||||||||||||||||||||||||
total acm research, inc. stockholders’ (deficit) equity | 39,857,000 | ||||||||||||||||||||||||||||||||||
total liabilities, redeemable convertible preferred stock and stockholders’ equity | 67,891,000 | 61,056,000 | |||||||||||||||||||||||||||||||||
loans receivable – related party | 946,000 | ||||||||||||||||||||||||||||||||||
investment in equity method affiliates | 1,220,000 | ||||||||||||||||||||||||||||||||||
investors’ deposit | |||||||||||||||||||||||||||||||||||
income tax payable | 44,000 | ||||||||||||||||||||||||||||||||||
redeemable convertible preferred stock, par value 0.0001... | |||||||||||||||||||||||||||||||||||
series a: 385,000 shares authorized, issued and outstanding as of september 30, 2017 and december 31, 2016 (liquidation value of 308 at september 30, 2017 and december 31, 2016); and no shares authorized, issued or outstanding pro forma as of september 30, 2017 | 288,000 | ||||||||||||||||||||||||||||||||||
series b: 1,572,000 shares authorized, issued and outstanding as of september 30, 2017 and december 31, 2016 (liquidation value of 1,572 at september 30, 2017 and december 31, 2016) and no shares authorized, issued or outstanding pro forma as of september 30, 2017 | 1,572,000 | ||||||||||||||||||||||||||||||||||
series c: 1,360,962 shares authorized, issued and outstanding as of september 30, 2017 and december 31, 2016 (liquidation value of 2,041 at september 30, 2017 and december 31, 2016); and no shares authorized, issued or outstanding, pro forma as of september 30, 2017 | 2,041,000 | ||||||||||||||||||||||||||||||||||
series d: 2,659,975 shares authorized and 1,326,642 shares issued and outstanding as of september 30, 2017 and december 31, 2016 (liquidation value of 4,975 at september 30, 2017 and december 31, 2016); and no shares authorized, issued or outstanding, pro forma as of september 30, 2017 | 4,975,000 | ||||||||||||||||||||||||||||||||||
series e: 10,718,530 shares authorized, 4,998,508 shares issued and outstanding as of september 30, 2017 (liquidation value of 4,999 at september 30, 2017); and no shares authorized, issued or outstanding as of december 31, 2016 and pro forma as of september 30, 2017 | 5,800,000 | ||||||||||||||||||||||||||||||||||
series f: 6,000,000 shares authorized, 3,663,254 shares issued and outstanding as of september 30, 2017 and december 31, 2016 (liquidation value of 9,158 at september 30, 2017 and december 31, 2016); and no shares authorized, issued or outstanding pro forma as of september 30, 2017 | 9,158,000 |
Cashflow Statements:
Quarterly
Annual
| Unit: USD | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 | 2023-12-31 | 2023-09-30 | 2023-06-30 | 2023-03-31 | 2022-12-31 | 2022-09-30 | 2022-06-30 | 2022-03-31 | 2021-12-31 | 2021-09-30 | 2021-06-30 | 2021-03-31 | 2020-12-31 | 2020-09-30 | 2020-06-30 | 2020-03-31 | 2019-12-31 | 2019-09-30 | 2019-06-30 | 2019-03-31 | 2018-12-31 | 2018-09-30 | 2018-06-30 | 2018-03-31 | 2017-12-31 |
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cash flows from operating activities: | ||||||||||||||||||||||||||||||||||
net income | 26,235,000 | 14,212,000 | 46,398,000 | 36,270,000 | 25,013,000 | 39,106,000 | 38,672,000 | 31,399,000 | 22,092,000 | 23,298,000 | 30,994,000 | 33,597,000 | 8,963,000 | 14,183,000 | 19,633,000 | 24,191,000 | -7,443,000 | 18,615,000 | 11,150,000 | 7,334,000 | 5,822,000 | 9,198,000 | 10,020,000 | 496,000 | 1,963,000 | 4,201,000 | 9,089,000 | 6,166,143 | 1,857 | 2,286,000 | 4,287,565 | |||
adjustments to reconcile net income to net cash from operating activities: | ||||||||||||||||||||||||||||||||||
non-cash operating lease cost | 1,182,000 | 1,206,000 | 1,257,000 | 995,000 | 1,086,000 | 967,000 | 844,000 | 1,031,000 | 973,000 | 941,000 | ||||||||||||||||||||||||
depreciation and amortization | 5,466,000 | 5,868,000 | 4,104,000 | 3,339,000 | 3,017,000 | 2,894,000 | 2,389,000 | 2,166,000 | 2,518,000 | 2,071,000 | 2,066,000 | 2,241,000 | 1,714,000 | 1,262,000 | 2,762,000 | 129,000 | 1,213,000 | 756,000 | 566,000 | 485,000 | 546,000 | 281,000 | 333,000 | 229,000 | 212,000 | 202,000 | 198,000 | 387,809 | 191 | 37,000 | 379,827 | -79,827 | 80,000 | 88,000 |
income from equity method investments | -1,749,000 | -3,895,000 | -322,000 | -6,224,000 | ||||||||||||||||||||||||||||||
unrealized loss on short-term investments | 1,406,000 | 2,849,000 | -18,656,000 | -2,730,000 | 1,082,000 | -2,124,000 | -413,000 | -1,031,000 | 2,595,000 | -1,691,000 | ||||||||||||||||||||||||
inventory provision | 5,112,000 | 5,632,000 | 4,228,000 | 1,102,000 | 4,523,000 | -1,062,000 | 849,000 | 1,984,000 | 1,025,000 | -4,456,000 | ||||||||||||||||||||||||
provision for (reversal of) credit losses | 2,234,000 | |||||||||||||||||||||||||||||||||
deferred income taxes | -503,000 | -2,662,000 | -4,262,000 | -5,790,000 | -1,661,000 | -1,683,000 | 7,689,000 | 409,000 | -1,129,000 | -3,711,000 | -5,225,000 | 1,583,000 | -6,294,000 | -1,009,000 | 1,313,000 | 5,804,000 | -2,081,000 | 2,826,000 | -1,164,000 | -573,000 | -2,929,000 | 547,000 | -4,125,000 | -542,000 | 35,000 | -2,962,000 | -756,000 | 168,000 | ||||||
stock-based compensation | 5,621,000 | 6,428,000 | 7,562,000 | 9,770,000 | 9,817,000 | 8,784,000 | 11,881,000 | 14,342,000 | 14,569,000 | 12,672,000 | 10,581,000 | 2,017,000 | 2,068,000 | 2,494,000 | 3,267,000 | 595,000 | 1,374,000 | 1,294,000 | 1,278,000 | 1,335,000 | 1,210,000 | 1,305,000 | 2,779,000 | 855,000 | 689,000 | 653,000 | 1,557,000 | 1,361,256 | 744 | 592,000 | 2,770,998 | -2,174,998 | 2,175,000 | -70,000 |
dividends from unconsolidated affiliates | 518,000 | 2,036,000 | 798,000 | 131,000 | 0 | 600,000 | ||||||||||||||||||||||||||||
others | 217,000 | 6,000 | 47,000 | 1,039,000 | ||||||||||||||||||||||||||||||
net changes in operating assets and liabilities: | ||||||||||||||||||||||||||||||||||
accounts receivable | -8,323,000 | -24,778,000 | -46,841,000 | -44,698,000 | 190,000 | -33,886,000 | -74,549,000 | 444,000 | -15,286,000 | -32,506,000 | -47,613,000 | -26,178,000 | -2,452,000 | 8,185,000 | -41,205,000 | -55,351,000 | -284,000 | -19,489,000 | -13,856,000 | -9,677,000 | -4,602,000 | 5,490,000 | 899,000 | -21,572,000 | -6,902,000 | 12,673,000 | -12,797,000 | -6,837,099 | 99 | 6,409,000 | -5,519,142 | -20,858 | 14,000 | -10,723,000 |
other receivables | -406,000 | 4,294,000 | -5,193,000 | -7,974,000 | 7,126,000 | 12,717,000 | -4,843,000 | -106,000 | -11,580,000 | -2,650,000 | 6,689,000 | -2,829,000 | -5,423,000 | -6,022,000 | -5,526,000 | 9,110,000 | -4,893,000 | -5,193,000 | -2,617,000 | 1,240,000 | -1,850,000 | -3,370,000 | -241,000 | -2,588,000 | -683,000 | -296,000 | 37,000 | 1,149,331 | 669 | -1,952,000 | 779,876 | -1,329,876 | 1,331,000 | 502,000 |
inventories | -29,545,000 | -27,529,000 | -27,743,000 | -37,838,000 | -15,108,000 | 18,066,000 | -17,312,000 | -26,315,000 | -38,574,000 | -28,139,000 | -39,149,000 | -16,797,000 | -79,942,000 | -61,277,000 | -103,678,000 | |||||||||||||||||||
advances to related parties | 1,630,000 | -1,573,000 | -245,000 | |||||||||||||||||||||||||||||||
prepaid expenses and other current assets | -2,538,000 | 4,684,000 | -838,000 | -3,297,000 | -3,136,000 | |||||||||||||||||||||||||||||
other long-term assets | 23,000 | -58,000 | 3,135,000 | -178,000 | 1,148,000 | -119,000 | -774,000 | -808,000 | -2,960,000 | 21,000 | 740,000 | -3,000 | -872,000 | 36,000 | 31,000 | 41,000 | ||||||||||||||||||
related parties accounts payable | -268,000 | 8,737,000 | 3,496,000 | |||||||||||||||||||||||||||||||
accounts payable | -14,250,000 | 30,500,000 | 29,611,000 | 31,115,000 | -23,372,000 | -25,622,000 | 24,662,000 | 7,953,000 | -5,553,000 | 3,262,000 | 29,118,000 | -3,287,000 | 13,250,000 | 7,346,000 | 11,808,000 | -8,334,000 | 6,681,000 | 7,928,000 | 26,083,000 | 21,708,000 | 9,492,000 | -748,000 | 7,069,000 | 9,337,000 | 5,617,000 | -2,641,000 | -2,017,000 | 1,603,757 | -3,757 | 4,660,000 | 5,154,514 | 2,374,486 | -2,364,000 | -1,337,000 |
advances from customers | -20,620,000 | -17,590,000 | -18,897,000 | -21,553,000 | -2,804,000 | 34,272,000 | 6,445,000 | 24,151,000 | 2,182,000 | -12,366,000 | -4,271,000 | 20,754,000 | 25,857,000 | 15,370,000 | 74,092,000 | -14,477,000 | 29,273,000 | -48,000 | 8,967,000 | 10,980,000 | 14,932,000 | 9,720,000 | -859,000 | -478,000 | 195,000 | -41,000 | 3,449,000 | -2,703,045 | 45 | 4,498,000 | 3,816,201 | -85,201 | 87,000 | 53,000 |
deferred revenue | -6,434,000 | 1,839,000 | 1,889,000 | 2,880,000 | 2,243,000 | -1,601,000 | 4,859,000 | -3,300,000 | 4,892,000 | -1,060,000 | -303,000 | 649,000 | 3,407,000 | -737,000 | 1,480,000 | -2,448,000 | 2,699,000 | 777,000 | 55,000 | 1,033,000 | 1,315,000 | 524,000 | 345,000 | |||||||||||
income taxes payable | 1,385,000 | 838,000 | -349,000 | -5,955,000 | -6,630,000 | 6,059,000 | -4,390,000 | -254,000 | 5,009,000 | -4,730,000 | -890,000 | 1,946,000 | 6,683,000 | -5,101,000 | ||||||||||||||||||||
fin-48 payable | 589,000 | 5,952,000 | 394,000 | 1,891,000 | 17,000 | 10,475,000 | -3,103,000 | -37,000 | -19,000 | 5,662,000 | 41,000 | -328,000 | 88,000 | 4,632,000 | -107,000 | -131,000 | 10,000 | |||||||||||||||||
other payables and accrued expenses | 5,149,000 | 9,416,000 | 17,377,000 | -2,095,000 | 2,431,000 | 8,161,000 | 8,218,000 | 6,017,000 | 807,000 | 14,447,000 | -3,076,000 | 8,677,000 | 1,327,000 | 9,651,000 | 8,167,000 | 4,314,000 | 1,274,000 | 4,613,000 | 3,668,000 | -911,000 | 3,181,000 | -726,000 | 2,425,000 | 1,758,000 | 1,779,000 | 513,000 | -101,000 | 2,451,987 | 1,013 | 2,296,000 | 2,657,368 | -26,368 | 27,000 | 690,000 |
operating lease liabilities | -1,252,000 | -1,252,000 | -1,269,000 | -974,000 | -1,053,000 | -666,000 | -844,000 | -1,031,000 | -973,000 | |||||||||||||||||||||||||
other long-term liabilities | -200,000 | 3,643,000 | -205,000 | -321,000 | -369,000 | 3,532,000 | 180,000 | 36,000 | -404,000 | 4,365,000 | -3,834,000 | -3,893,000 | 1,730,000 | 1,530,000 | -2,274,000 | -1,773,000 | 155,000 | 3,708,000 | 161,000 | -1,694,000 | -1,865,000 | 1,386,000 | -289,000 | 746,000 | 1,715,000 | 1,117,000 | -829,000 | -610,627 | -1,373 | -660,000 | -679,729 | 277,729 | -278,000 | -573,000 |
net cash from operating activities | -29,538,000 | 33,919,000 | -4,625,000 | -44,901,000 | 5,282,000 | 88,595,000 | 11,913,000 | 61,591,000 | -9,649,000 | -4,063,000 | -10,501,000 | 10,742,000 | -14,480,000 | 3,829,000 | 14,155,000 | -145,000 | -4,603,818 | -3,182 | 9,642,000 | -2,728,882 | 7,388,882 | -7,393,000 | -3,440,000 | |||||||||||
capital expenditures | -9,018,000 | -13,810,000 | -11,015,000 | -14,732,000 | -16,726,000 | 0 | -32,535,000 | -13,093,000 | -25,419,000 | -2,706,000 | -887,000 | -1,466,000 | -1,411,000 | -118,000 | -139,000 | -507,000 | -324,885 | -115 | -232,000 | -1,597,118 | 394,118 | -395,000 | -502,000 | |||||||||||
free cash flows | -38,556,000 | 20,109,000 | -15,640,000 | -59,633,000 | -11,444,000 | 88,595,000 | -20,622,000 | 48,498,000 | -35,068,000 | -6,769,000 | -11,388,000 | 9,276,000 | -15,891,000 | 3,711,000 | 14,016,000 | -652,000 | -4,928,703 | -3,297 | 9,410,000 | -4,326,000 | 7,783,000 | -7,788,000 | -3,942,000 | |||||||||||
cash flows from investing activities: | ||||||||||||||||||||||||||||||||||
purchase of property and equipment | -22,201,000 | -13,810,000 | -11,015,000 | -14,732,000 | -16,726,000 | -32,535,000 | -13,093,000 | -25,419,000 | -12,341,000 | -27,902,000 | -6,738,000 | -14,895,000 | -72,677,000 | -3,176,000 | -4,094,000 | -2,706,000 | -887,000 | -1,466,000 | -1,628,000 | -2,054,000 | -1,411,000 | -118,000 | -139,000 | -507,000 | -324,885 | -115 | -232,000 | -1,597,118 | 394,118 | -395,000 | -502,000 | |||
purchase of intangible assets | -235,000 | -592,000 | 4,000 | -409,000 | -375,000 | -1,501,000 | -832,000 | -484,000 | -668,000 | -851,000 | -326,000 | -1,130,000 | -155,000 | -347,000 | -1,034,000 | 363,000 | -408,000 | -141,000 | 13,000 | -319,000 | -112,000 | -243,000 | -26,000 | -40,000 | -43,000 | -70,999 | -1 | 109,000 | -349,843 | -78,000 | ||||
purchase of time deposits | -352,290,000 | -10,000,000 | -17,000,000 | -10,000,000 | -5,920,000 | -10,720,000 | -12,820,000 | -45,270,000 | -3,190,000 | |||||||||||||||||||||||||
proceeds from redemption and maturity of time deposits | 13,005,000 | 17,000,000 | 10,000,000 | 17,000,000 | 10,261,000 | |||||||||||||||||||||||||||||
purchase of long-term investments | -361,000 | -6,000 | -17,507,000 | 0 | -1,378,000 | -5,988,000 | -1,020,000 | |||||||||||||||||||||||||||
net cash from investing activities | -9,792,000 | -347,551,000 | -11,489,000 | -14,455,000 | -16,840,000 | -20,531,000 | -23,317,000 | 19,598,000 | 12,291,000 | -4,604,000 | -48,782,000 | -2,488,000 | 49,129,000 | -108,890,000 | -162,900,000 | 162,479,000 | -156,359,000 | -5,803,000 | -2,693,000 | -1,206,000 | -1,578,000 | -35,297,000 | -3,501,000 | -31,034,000 | -118,000 | -237,000 | -4,789,000 | -504,884 | -116 | -123,000 | -1,946,961 | 393,961 | -395,000 | -15,234,000 |
cash flows from financing activities: | ||||||||||||||||||||||||||||||||||
proceeds from short-term borrowings | 36,125,000 | 28,076,000 | 14,377,000 | 28,017,000 | 17,056,000 | 481,000 | 8,848,000 | 406,000 | 23,530,000 | 2,020,000 | 5,316,000 | 4,896,000 | 335,000 | 13,442,000 | 4,211,000 | 1,505,000 | 5,261,000 | 23,126,000 | 2,681,000 | 156,000 | 3,244,000 | 15,014,715 | 8,285 | 4,661,000 | 13,054,847 | -7,376,847 | 7,387,000 | 3,001,000 | ||||||
repayments of short-term borrowings | -17,340,000 | 316,000 | -22,473,000 | -214,000 | -24,961,000 | -1,559,000 | -29,541,000 | -910,000 | -287,000 | -5,338,000 | 4,470,000 | -8,773,000 | -10,821,000 | -7,235,000 | -15,009,000 | -6,744,000 | -3,353,000 | -3,318,000 | -1,148,000 | -12,415,000 | -2,235,000 | -2,424,000 | -9,340,916 | -5,084 | -5,169,000 | -7,956,748 | 2,300,748 | -2,306,000 | -1,467,000 | |||||
proceeds from long-term borrowings | 41,538,000 | -512,000 | 30,166,000 | 36,784,000 | 52,701,000 | 15,203,000 | 49,416,000 | 14,500,000 | 117,000 | 5,391,000 | ||||||||||||||||||||||||
repayments of long-term borrowings | -24,706,000 | -30,382,000 | -14,625,000 | -14,791,000 | -455,000 | -3,278,000 | -3,102,000 | -2,009,000 | -1,193,000 | -513,000 | -659,000 | 585,000 | -1,696,000 | -515,000 | -1,604,000 | 592,000 | -696,000 | -934,000 | -399,000 | -570,000 | -224,000 | |||||||||||||
capital contribution by non-controlling shareholder | 0 | 0 | 104,000 | 138,000 | ||||||||||||||||||||||||||||||
gross proceeds from sales of acm shanghai's shares | 110,243,000 | |||||||||||||||||||||||||||||||||
proceeds from exercise of stock options | 17,536,000 | 6,874,000 | 4,311,000 | 853,000 | 22,729,000 | 4,609,000 | 53,000 | 1,638,000 | 4,799,000 | 848,000 | 765,000 | 4,284,000 | 241,000 | 164,000 | 1,124,000 | |||||||||||||||||||
net cash from financing activities | 163,396,000 | 4,372,000 | 627,142,000 | 43,765,000 | 67,208,000 | 15,456,000 | 18,774,000 | 31,402,000 | 26,849,000 | 11,517,000 | 3,599,000 | 4,869,000 | -1,455,000 | 9,435,000 | 41,435,000 | -5,027,000 | 28,000 | 539,071,000 | -976,000 | 2,051,000 | -1,380,000 | 18,276,000 | 3,261,000 | 20,856,000 | -9,559,000 | 28,270,000 | 53,326,000 | 5,845,739 | 3,261 | -491,000 | 5,608,804 | 18,714,000 | ||
effect of exchange rate changes on cash, cash equivalents and restricted cash | 4,106,000 | 7,883,000 | 3,425,000 | 651,000 | 866,000 | -7,464,000 | 2,972,000 | 208,000 | -551,000 | 1,805,000 | 12,719,000 | -11,480,000 | -4,784,000 | 9,928,000 | -19,031,000 | 1,034,000 | 2,559,000 | 1,069,000 | -754,000 | 2,095,000 | 3,431,000 | 46,000 | -1,002,000 | 1,825,000 | ||||||||||
net increase in cash, cash equivalents and restricted cash | 128,172,000 | -301,377,000 | 614,453,000 | -14,940,000 | 56,516,000 | 76,056,000 | 10,342,000 | 112,799,000 | 28,940,000 | 7,030,000 | -20,437,000 | 5,806,000 | -24,612,000 | -6,850,000 | 44,013,000 | |||||||||||||||||||
cash, cash equivalents and restricted cash at beginning of period | 765,963,000 | 0 | 0 | 411,310,000 | 0 | 0 | 0 | 183,173,000 | 0 | 0 | 0 | 248,451,000 | 0 | 182,756,000 | 0 | 0 | 0 | 71,766,000 | 0 | 0 | 0 | 117,859,000 | 0 | |||||||||||
cash, cash equivalents and restricted cash at end of period | 894,135,000 | 614,453,000 | -14,940,000 | 467,826,000 | 76,056,000 | 10,342,000 | 112,799,000 | 212,113,000 | -24,488,000 | -50,341,000 | -2,845,000 | 260,847,000 | -88,191,000 | 12,298,000 | 498,031,000 | -5,173,000 | -8,587,000 | 78,796,000 | -20,437,000 | 5,806,000 | -24,612,000 | 111,009,000 | 44,013,000 | |||||||||||
supplemental disclosure of cash flow information: | ||||||||||||||||||||||||||||||||||
interest paid | 1,933,000 | 371,000 | 272,000 | 228,000 | 111,000 | 207,000 | 205,000 | 332,861 | 139 | 134,000 | 363,748 | -102,748 | 103,000 | 81,000 | ||||||||||||||||||||
cash paid for income taxes | 2,062,000 | 2,424,000 | 6,552,000 | 12,598,000 | 10,801,000 | 1,417,000 | 690,000 | 9,629,000 | 9,231,000 | 4,369,000 | 2,874,000 | 3,404,000 | 63,000 | 526,000 | 143,000 | 400,000 | 63,000 | 365,000 | 502,000 | |||||||||||||||
reconciliation of cash, cash equivalents and restricted cash: | ||||||||||||||||||||||||||||||||||
cash and cash equivalents | 872,269,000 | -301,536,000 | 616,821,000 | -15,152,000 | 457,240,000 | 73,973,000 | 9,441,000 | 112,726,000 | 211,305,000 | -25,011,000 | -50,319,000 | -2,967,000 | 260,387,000 | -88,324,000 | 498,031,000 | -5,173,000 | -8,587,000 | 78,796,000 | -20,437,000 | 5,806,000 | 34,114,000 | 52,283,000 | 10,997,000 | |||||||||||
restricted cash | 21,866,000 | 159,000 | -2,368,000 | 212,000 | 10,586,000 | 2,083,000 | 901,000 | 73,000 | 808,000 | 523,000 | -22,000 | 122,000 | 460,000 | 133,000 | 58,726,000 | 33,016,000 | ||||||||||||||||||
cash, cash equivalents and restricted cash | 894,135,000 | -301,377,000 | 614,453,000 | -14,940,000 | 467,826,000 | 76,056,000 | 10,342,000 | 112,799,000 | 212,113,000 | -24,488,000 | -50,341,000 | -2,845,000 | 260,847,000 | -88,191,000 | 498,031,000 | -5,173,000 | -8,587,000 | 78,796,000 | -20,437,000 | 5,806,000 | -24,612,000 | 111,009,000 | 44,013,000 | |||||||||||
non-cash financing activities: | ||||||||||||||||||||||||||||||||||
cashless exercise of stock options | 0 | 16,000 | 19,000 | 160,000 | 166,000 | 55,000 | 122,000 | 140,000 | 122,000 | 132,000 | 32,000 | 47,000 | 96,000 | 96,000 | -10,000 | 39,000 | 19,000 | 0 | 35,000 | 83,000 | ||||||||||||||
non-cash investing activities: | ||||||||||||||||||||||||||||||||||
transfer of prepayment for property to property, plant and equipment | 47,000 | 9,000 | ||||||||||||||||||||||||||||||||
transfer from other non-current assets to long-term investment | 16,737,000 | |||||||||||||||||||||||||||||||||
purchases of property, plant and equipment through other payable and accrued expenses | 13,183,000 | |||||||||||||||||||||||||||||||||
realized gain on short-term investments | -1,344,000 | -171,000 | 0 | -273,000 | -478,000 | |||||||||||||||||||||||||||||
provision for credit losses | 5,017,000 | 8,046,000 | 7,721,000 | 3,842,000 | 783,000 | 1,171,000 | 1,099,000 | |||||||||||||||||||||||||||
purchase of short-term investments | 12,000 | 0 | 6,000 | -1,409,000 | ||||||||||||||||||||||||||||||
refund of deposit for land use right | 0 | 0 | ||||||||||||||||||||||||||||||||
proceeds from sale of short-term investments | 5,267,000 | |||||||||||||||||||||||||||||||||
proceeds from disposal of long-term investments | ||||||||||||||||||||||||||||||||||
repurchase of acm shanghai's shares | 0 | 0 | ||||||||||||||||||||||||||||||||
acm shanghai dividends | 0 | 0 | ||||||||||||||||||||||||||||||||
proceeds from issuance of acm shanghai’s shares, net of issuance costs | ||||||||||||||||||||||||||||||||||
cash, cash equivalents and restricted cash at beginning of year | ||||||||||||||||||||||||||||||||||
cash, cash equivalents and restricted cash at end of year | ||||||||||||||||||||||||||||||||||
reconciliation of cash, cash equivalents and restricted cash in consolidated statements of cash flows: | ||||||||||||||||||||||||||||||||||
prepayment for purchase of long-term investment | ||||||||||||||||||||||||||||||||||
purchase of intangible assets included in other long-term assets | ||||||||||||||||||||||||||||||||||
transfer of prepayment for property to property, plant, and equipment | 2,000 | 10,000 | 94,000 | 170,000 | 5,320,000 | |||||||||||||||||||||||||||||
transfer from inventories to property, plant and equipment | 3,283,000 | 0 | ||||||||||||||||||||||||||||||||
transfer from other non-current assets to long term investment | 0 | 0 | ||||||||||||||||||||||||||||||||
transfer from property, plant and equipment to inventory | ||||||||||||||||||||||||||||||||||
purchase of long-term investments through other payable and accrued expenses | ||||||||||||||||||||||||||||||||||
adjustments to reconcile net income to net cash from operating activities | ||||||||||||||||||||||||||||||||||
acm shanghai dividend | ||||||||||||||||||||||||||||||||||
net proceeds from issuance of shares by acm shanghai | ||||||||||||||||||||||||||||||||||
interest paid, net of capitalized interest | 1,851,000 | 1,757,000 | 1,558,000 | 1,228,000 | 1,208,000 | 932,000 | 783,000 | 697,000 | 640,000 | 649,000 | 695,000 | 669,000 | 680,000 | 45,000 | 261,000 | 191,000 | 191,000 | 194,000 | 189,000 | |||||||||||||||
purchases of property, plant and equipment through other payables and accrued expenses | ||||||||||||||||||||||||||||||||||
adjustments to reconcile net income from operations to net cash from operating activities | ||||||||||||||||||||||||||||||||||
loss from equity method investments | -1,773,000 | -952,000 | 695,000 | 520,000 | ||||||||||||||||||||||||||||||
proceeds from sale of short-term investments included in other receivables | 0 | 3,167,000 | ||||||||||||||||||||||||||||||||
purchases of property, plant and equipment through other payable | ||||||||||||||||||||||||||||||||||
(reversal) provision for credit losses | -9,000 | |||||||||||||||||||||||||||||||||
advances to related party | -360,000 | 429,000 | 1,303,000 | -1,418,000 | 1,094,000 | -1,268,000 | -9,000 | 1,151,000 | 1,016,000 | 1,836,000 | -4,203,000 | |||||||||||||||||||||||
related party accounts payable | 3,152,000 | 741,000 | -2,620,000 | 1,769,000 | 4,836,000 | 3,723,000 | -4,195,000 | -6,475,000 | 3,886,000 | 7,879,000 | -3,395,000 | |||||||||||||||||||||||
purchase property, plant and equipment through other payable | 23,430,000 | |||||||||||||||||||||||||||||||||
gain on disposals of property, plant and equipment | 0 | |||||||||||||||||||||||||||||||||
prepaid expenses | 2,301,000 | 8,446,000 | 1,305,000 | -141,000 | -1,887,000 | 1,561,000 | -1,387,000 | -3,362,000 | 2,692,000 | -3,288,000 | 1,916,000 | -5,015,000 | -8,990,000 | 1,385,000 | -2,918,000 | -83,000 | -147,000 | -2,195,000 | -1,165,000 | -11,000 | -406,000 | -89,000 | 411,810 | 190 | 159,000 | -1,651,215 | 1,789,215 | -1,791,000 | 276,000 | |||||
purchase of property, plant and equipment | ||||||||||||||||||||||||||||||||||
proceeds from maturity of time deposits | 47,967,000 | 90,445,000 | 8,129,000 | |||||||||||||||||||||||||||||||
transfer from inventory to property, plant and equipment | 0 | |||||||||||||||||||||||||||||||||
purchase property, plant and equipment through other payable and accrued expenses | ||||||||||||||||||||||||||||||||||
purchase long-term investments through other payable and accrued expenses | ||||||||||||||||||||||||||||||||||
adjustments to reconcile net income from operations to net cash generated from operating activities | ||||||||||||||||||||||||||||||||||
loss on disposals of property, plant and equipment | 1,064,000 | 26,000 | 24,000 | 0 | -2,000 | -3,000 | ||||||||||||||||||||||||||||
purchase property, plant and equipment through accounts payable and other payable | 6,362,000 | |||||||||||||||||||||||||||||||||
income tax recoverable | ||||||||||||||||||||||||||||||||||
proceeds from a subsidiary equity issuance, net of issuance costs | ||||||||||||||||||||||||||||||||||
proceeds from warrant exercise to common stock | 0 | 0 | ||||||||||||||||||||||||||||||||
net cash flow used in operating activities | -17,877,000 | 6,254,000 | -30,494,000 | |||||||||||||||||||||||||||||||
purchase of equity investments | ||||||||||||||||||||||||||||||||||
proceeds from selling short-term investments | ||||||||||||||||||||||||||||||||||
dividend from long-term investments | ||||||||||||||||||||||||||||||||||
net decrease in cash, cash equivalents and restricted cash | 12,396,000 | -170,458,000 | ||||||||||||||||||||||||||||||||
reconciliation of cash, cash equivalents and restricted cash in condensed consolidated statements of cash flows: | ||||||||||||||||||||||||||||||||||
conversion of class b common stock to class a common stock | ||||||||||||||||||||||||||||||||||
realized gain on trading securities | -3,919,000 | -3,994,000 | 20,000 | |||||||||||||||||||||||||||||||
equity income in net income of affiliates | -3,920,000 | 32,000 | -3,014,000 | -1,180,000 | -3,601,000 | -421,000 | -295,000 | -320,000 | -116,000 | -182,000 | -209,000 | -148,000 | 92,000 | 9,000 | -268,884 | -116 | 112,000 | -234,882 | ||||||||||||||||
unrealized loss on trading securities | 2,455,000 | 654,000 | -3,435,000 | 3,858,000 | 1,047,000 | |||||||||||||||||||||||||||||
bad debt expense | 198,000 | 298,000 | ||||||||||||||||||||||||||||||||
purchase of long-term investment | -725,000 | -728,000 | ||||||||||||||||||||||||||||||||
decrease of time deposits | ||||||||||||||||||||||||||||||||||
proceeds from selling trading securities | 6,637,000 | 11,072,000 | 89,000 | |||||||||||||||||||||||||||||||
increase of time deposits | 53,835,000 | |||||||||||||||||||||||||||||||||
change in fair value of financial liability | 0 | 6,533,000 | ||||||||||||||||||||||||||||||||
purchase of land-use-right | -413,000 | |||||||||||||||||||||||||||||||||
purchase of trading securities | -340,000 | |||||||||||||||||||||||||||||||||
prepayment for property | -33,228,000 | |||||||||||||||||||||||||||||||||
investments in affiliates | 0 | |||||||||||||||||||||||||||||||||
repayments of notes payable | 0 | 0 | ||||||||||||||||||||||||||||||||
warrant conversion to common stock | 0 | 0 | 0 | 399,000 | ||||||||||||||||||||||||||||||
share cancellation | ||||||||||||||||||||||||||||||||||
issuance of warrant for settlement of financial liability and cancellation of note receivable | ||||||||||||||||||||||||||||||||||
unrealized gain on trading securities | 1,210,000 | 919,000 | -3,604,000 | |||||||||||||||||||||||||||||||
increase of short-term time deposits | -74,025,000 | |||||||||||||||||||||||||||||||||
increase of long-term time deposits | -78,750,000 | |||||||||||||||||||||||||||||||||
purchase of long term investment | ||||||||||||||||||||||||||||||||||
transfer of prepayment for property to property plant and equipment | ||||||||||||||||||||||||||||||||||
income tax payable | 5,789,000 | -1,999,000 | -978,000 | 752,000 | 377,000 | 75,000 | -3,526,000 | 1,808,000 | -1,682,000 | 263,000 | 1,790,000 | 1,173,000 | -1,011,015 | 15 | 504,000 | 644,813 | ||||||||||||||||||
net cash flow from operating activities | -5,839,000 | -27,729,000 | ||||||||||||||||||||||||||||||||
decrease of short-term time deposits | ||||||||||||||||||||||||||||||||||
decrease of long-term time deposits | ||||||||||||||||||||||||||||||||||
equity loss in net loss of affiliates | 71,000 | |||||||||||||||||||||||||||||||||
inventory | -52,503,000 | -40,043,000 | -40,181,000 | -32,156,000 | -15,276,000 | -22,406,000 | -12,732,000 | -4,699,000 | -931,000 | -769,000 | 894,000 | -6,780,241 | -2,759 | -8,926,000 | -15,144,672 | 3,883,672 | -3,896,000 | 2,860,000 | ||||||||||||||||
proceeds from stock option exercise to common stock | 724,000 | 301,000 | 932,000 | 820,000 | 1,377,000 | 554,000 | 1,318,000 | 698,000 | 175,000 | 5,000 | 140,000 | 171,940 | 60 | 17,000 | 510,705 | -61,705 | 62,000 | 0 | ||||||||||||||||
effect of exchange rate changes on cash and cash equivalents | 1,304,000 | -283,280 | 280 | -375,715 | -150,285 | 150,000 | 567,000 | |||||||||||||||||||||||||||
net increase in cash and cash equivalents | -182,756,000 | 453,757 | 243 | 2,494,754 | -2,495,000 | 607,000 | ||||||||||||||||||||||||||||
cash and cash equivalents at beginning of period | 563,067,000 | 27,096,876 | 27,124 | -17,663,319 | 17,681,000 | 0 | ||||||||||||||||||||||||||||
cash and cash equivalents at end of period | 380,311,000 | 27,550,633 | 27,367 | -15,168,565 | 15,186,000 | 607,000 | ||||||||||||||||||||||||||||
investments in unconsolidated affiliates | -58,000 | -4,239,000 | ||||||||||||||||||||||||||||||||
proceeds from issuance of class a common stock in connection with public offering, net of direct issuance expenses of 2,287 | -29,000 | |||||||||||||||||||||||||||||||||
payment for repurchase of class a common stock | -2,042,000 | |||||||||||||||||||||||||||||||||
payment for cancellation of stock option | 0 | |||||||||||||||||||||||||||||||||
proceeds from issuance of common stock to redeemable non-controlling interest | 32,415,000 | |||||||||||||||||||||||||||||||||
share cancellation, | ||||||||||||||||||||||||||||||||||
net (decrease) in cash, cash equivalents and restricted cash | ||||||||||||||||||||||||||||||||||
non-cash from financing activities: | ||||||||||||||||||||||||||||||||||
prepayment for land-use-right and property | ||||||||||||||||||||||||||||||||||
adjustments to reconcile net income from operations to net cash from operating activities: | ||||||||||||||||||||||||||||||||||
issuance of warrant for settlement of financial liability, | ||||||||||||||||||||||||||||||||||
share cancellation, note 12 | ||||||||||||||||||||||||||||||||||
adjustments to reconcile net income from operations to net cash from | ||||||||||||||||||||||||||||||||||
operating activities: | ||||||||||||||||||||||||||||||||||
adjustments to reconcile net loss from operations to net cash from | ||||||||||||||||||||||||||||||||||
other current assets | 32,000 | 11,954 | -2,954 | 3,000 | 844,000 | |||||||||||||||||||||||||||||
adjustments to reconcile net loss from operations to net cash from operating activities | ||||||||||||||||||||||||||||||||||
loss on disposals of fixed assets, intangible assets and other long-term assets | ||||||||||||||||||||||||||||||||||
loan to related party | 0 | |||||||||||||||||||||||||||||||||
purchase of non-controlling interest | -14,654,000 | |||||||||||||||||||||||||||||||||
investments in unconsolidated equity method affiliates | ||||||||||||||||||||||||||||||||||
proceeds from issuance of series e convertible preferred stock | ||||||||||||||||||||||||||||||||||
proceeds from issuance of common stock in connection with initial public offering and concurrent private placement | ||||||||||||||||||||||||||||||||||
payment of initial public offering expenses | ||||||||||||||||||||||||||||||||||
investment in affiliates | ||||||||||||||||||||||||||||||||||
proceeds from issuance of common stock for non-controlling interest purchase | ||||||||||||||||||||||||||||||||||
effect of exchange rate changes on cash and cash equivalent | ||||||||||||||||||||||||||||||||||
net increase in cash and cash equivalent | ||||||||||||||||||||||||||||||||||
preferred stock conversion to common stock in connection with initial public offering | ||||||||||||||||||||||||||||||||||
adjustments to reconcile net loss from operations to net cash from operating activities: | ||||||||||||||||||||||||||||||||||
proceeds from issuance of series f preferred stock | ||||||||||||||||||||||||||||||||||
proceeds from issuance of common stock | ||||||||||||||||||||||||||||||||||
net increase in cash, cash equivalents, and restricted cash | ||||||||||||||||||||||||||||||||||
cash, cash equivalents, and restricted cash at beginning of period | ||||||||||||||||||||||||||||||||||
net loss | -2,780,000 | |||||||||||||||||||||||||||||||||
undistributed earnings from investments in equity method affiliates | -1,000 | -17,000 | ||||||||||||||||||||||||||||||||
net cash provided in financing activities | 5,143,000 | |||||||||||||||||||||||||||||||||
net loss from debt conversion and interest waiver | ||||||||||||||||||||||||||||||||||
proceed from disposal of property and equipment | ||||||||||||||||||||||||||||||||||
investment in affiliates, equity method | ||||||||||||||||||||||||||||||||||
investors’ deposit | ||||||||||||||||||||||||||||||||||
proceeds from issuance of series f convertible preferred stock | ||||||||||||||||||||||||||||||||||
proceeds from issuance of common stock in connection with initial public offering and concurrent private placement, net of direct issuance expenses of 1,254 | ||||||||||||||||||||||||||||||||||
debt conversion to class a common stock | ||||||||||||||||||||||||||||||||||
debt conversion to series f convertible preferred stock | ||||||||||||||||||||||||||||||||||
exercise of stock option in lieu of the cash repayment of notes payable | ||||||||||||||||||||||||||||||||||
proceed from issuance of series e convertible preferred stock | ||||||||||||||||||||||||||||||||||
investor deposits for series f convertible preferred stock | ||||||||||||||||||||||||||||||||||
income taxes paid |