Inventories

12 Months Ended

Dec. 31, 2021

Inventories

7 Inventories

	December 31,
	2021		2020
	US$’000		US$’000
Raw materials		89		63
Work in progress		20		20
Finished goods		438		259
		547		342

Management continuously reviews obsolete and slow moving inventories and assesses the inventory valuation to determine if the write-down of inventories is deemed appropriate. For the years ended December 31, 2021, and 2020, write-down of inventories amounted to US$55,000 and US$13,000, respectively, which were charged to cost of revenue in consolidated statements of operations and comprehensive income / (loss).

ZHEJIANG TIANLAN

Inventories

7 Inventories

	December 31,
	2021		2020
	RMB’000		RMB’000
Raw materials		2,381		341
Finished goods		1,005		2,048
		3,386		2,389