XML 17 R2.htm IDEA: XBRL DOCUMENT v3.23.1
CONSOLIDATED BALANCE SHEETS1
¥ in Thousands, $ in Thousands
Dec. 31, 2022
USD ($)
Dec. 31, 2022
CNY (¥)
Dec. 31, 2021
USD ($)
Dec. 31, 2021
CNY (¥)
Current asset:        
Cash and cash equivalents $ 5,628   $ 5,269  
Restricted cash 930   1,411  
Accounts receivable, net 1,586   3,631  
Prepayments and other current assets 486   572  
Contract assets 217   74  
Inventories 603   547  
Total current assets 9,450   11,504  
Non-current assets:        
Property, plant and equipment, net 179   215  
Investments in affiliates 8,251   8,077  
Goodwill 1,071   1,071  
Operating lease right-of-use assets, net 219   238  
Deferred tax assets 108   145  
Restricted cash 85   0  
TOTAL ASSETS 19,363   21,250  
Current liabilities:        
Bank borrowings 222   376  
Accounts payable 2,279   3,151  
Contract liabilities 625   1,076  
Other payables and accrued expenses 1,231   1,585  
Current portion of long-term operating lease liabilities 113   175  
Income tax payable 0   42  
Total current liabilities 4,470   6,405  
Non-current liabilities:        
Deferred tax liabilities 0   3  
Long-term operating lease liabilities, net of current portion 87   41  
TOTAL LIABILITIES 4,557   6,449  
Commitments and contingencies 0   0  
SHAREHOLDERS' EQUITY        
Ordinary share, 20,000,000 shares authorized and no par value; 7,899,832 and 7,899,832 issued and outstanding as of December 31, 2022 and 2021 123   123  
Additional paid-in capital 9,715   9,670  
Treasury stock, 167,700 shares at cost, as of December 31, 2022 and 2021, respectively (786)   (786)  
PRC statutory reserve 362   316  
Accumulated other comprehensive loss 725   787  
Retained earnings 3,633   3,774  
Total shareholders' equity attributable to Euro Tech Holdings Company Limited 13,772   13,884  
Noncontrolling interests 1,034   917  
Shareholders' equity 14,806   14,801  
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY 19,363   21,250  
Long-term investments 5,540   5,540  
Other tax payable 192   130  
Total shareholders' equity attributable to Zhejiang Tianlan Environmental Protection Technology Company Limited $ 13,772   $ 13,884  
ZHEJIANG TIANLAN        
Current asset:        
Accounts receivable, net | ¥   ¥ 135,773   ¥ 106,022
Prepayments and other current assets | ¥   21,151   33,498
Contract assets | ¥   76,992   72,310
Inventories | ¥   4,399   3,386
Total current assets | ¥   374,502   270,192
Non-current assets:        
Property, plant and equipment, net | ¥   68,405   74,063
Deferred tax assets | ¥   14,666   14,305
TOTAL ASSETS | ¥   465,431   366,622
Current liabilities:        
Bank borrowings | ¥   5,508   13,518
Accounts payable | ¥   128,713   93,962
Contract liabilities | ¥   34,503   37,481
Other payables and accrued expenses | ¥   88,501   18,428
Total current liabilities | ¥   265,418   170,113
Non-current liabilities:        
TOTAL LIABILITIES | ¥   266,445   174,002
SHAREHOLDERS' EQUITY        
Retained earnings | ¥   56,193   52,409
Total shareholders' equity attributable to Euro Tech Holdings Company Limited | ¥   192,550   187,324
Noncontrolling interests | ¥   6,436   5,296
Shareholders' equity | ¥   198,986   192,620
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY | ¥   465,431   366,622
Cash | ¥   121,382   54,976
Short-term investments | ¥   14,805    
Intangible assets, net | ¥   1,808   1,865
Land use right, net | ¥   4,850   4,997
Long-term investments | ¥   1,200   1,200
Total non-current assets | ¥   90,929   96,430
Other tax payable | ¥   8,193   6,724
Deferred government grant | ¥   1,027   3,889
Total non-current liabilities | ¥   1,027   3,889
Share capital 82,572,000 no par value shares authorized, issued and outstanding, as of December 31, 2022 and 2021, respectively | ¥   82,572   82,572
Capital reserve | ¥   35,761   35,761
PRC statutory reserve | ¥   18,024   16,582
Total shareholders' equity attributable to Zhejiang Tianlan Environmental Protection Technology Company Limited | ¥   ¥ 192,550   ¥ 187,324