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Segment information (Tables)
12 Months Ended
Dec. 31, 2020
Segment Reporting [Abstract]  
Segment information
    Year ended December 31,  
    2020     2019     2018  
    US$’000     US$’000     US$’000  
   Revenue                  
   Trading and manufacturing     9,476       11,877       13,770  
   Engineering     3,881       5,522       6,334  
                         
      13,357       17,399       20,104  
   Operating loss                        
   Trading and manufacturing     (488 )     (102 )     (119 )
   Engineering     (1,027 )     (158 )     (821 )
   Unallocated corporate expenses     (186 )     (180 )     (119 )
                         
      (1,701 )     (440 )     (1,059 )

 

    Year ended December 31,  
    2020     2019     2018  
    US$’000     US$’000     US$’000  
   Depreciation:                  
   Trading and manufacturing     39       54       43  
   Engineering     10       15       17  
                         
      49       69       60  
                         
   Capital expenditures, gross                        
   Trading and manufacturing     2       17       79  
   Engineering     9       4       6  
                         
      11       21       85  

 

    December 31,  
    2020     2019  
    US$’000     US$’000  
   Assets            
   Trading and manufacturing     7,877       9,843  
   Engineering     12,218       12,370  
                 
      20,095       22,213  
   Liabilities                
   Trading and manufacturing     2,645       4,319  
   Engineering     2,987       2,557  
                 
      5,632       6,876  

  

Geographical analysis of revenue and assets
(ii)             Geographical analysis of revenue by customer location is as follows:

 

    Year ended December 31,  
    2020     2019     2018  
    US$’000     US$’000     US$’000  
   Revenue -                  
   The PRC     5,072       6,886       8,026  
   Hong Kong     8,024       10,169       11,169  
   Others     261       344       909  
                         
      13,357       17,399       20,104  

 

(iii)             Long-lived assets (1)

 

Geographical analysis of long-lived assets is as follows:

 

    December 31,  
    2020     2019  
    US$’000     US$’000  
             
   Hong Kong     47       478  
   The PRC     212       222  
                 
      259       700  

 

(1)             Long-lived assets represent property, plant and equipment, net.

 

Major suppliers and customers
(iv)             Major suppliers

 

Details of individual suppliers accounting for more than 5% of the Group’s purchases are as follows:

 

    Year ended December 31,  
    2020     2019     2018  
                   
   Supplier A     30 %     53 %     55 %
   Supplier B     12 %     -       -  
   Supplier C     10 %     7 %     8 %
   Supplier D     9 %     6 %     7 %
   Supplier E     6 %     6 %     7 %
   Supplier F     5 %     -       -  

  

(v)             Major customers

 

Details of individual customers accounting for more than 5% of the Group’s revenue are as follows:

 

    Year ended December 31,  
    2020     2019     2018  
                   
   Customer A     9 %     19 %     15 %
   Customer B     8 %     -       -  
   Customer C     6 %     10 %     -  
   Customer D     -       5 %     -  
   Customer E     -       -       7 %