XML 36 R24.htm IDEA: XBRL DOCUMENT v3.19.3
Income Tax (Tables)
9 Months Ended
Sep. 30, 2019
Income Tax Disclosure [Abstract]  
Summary of pre-tax income in jurisdictions
   Three months ended   Nine months ended 
   September 30,   September 30, 
   2019   2018   2019   2018 
   (In thousands of U.S. Dollars) 
PRC  $(714)  $4,084   $2,891   $9,445 
Others   (3)   -    (10)   (14)
   $(717)  $4,084   $2,881   $9,431 
Summary of reconciliation of PRC statutory rates to the Company's effective tax rate

   Three months ended   Nine months ended 
   September 30,   September 30, 
   2019   2018   2019   2018 
PRC statutory rate   25.0%   25.0%   25.0%   25.0%
Net operating losses for which no deferred tax assets was recognized   0.2    18.5    78.0    8.1 
Other   (79.1)   (21.3)   (10.5)   (1.8)
Effective income tax rate   (53.9)%   22.2%   92.5%   31.3%
Schedule of income tax expense

   Three months ended   Nine months ended 
   September 30,   September 30, 
   2019   2018   2019   2018 
Current  $387   $1,853   $2,377   $4,737 
Deferred   -    (945)   290    (1,788)
Income tax expense  $387   $908   $2,667   $2,949