China Automotive Systems (CAAS) 10-Q 9 Aug 18 2018 Q2 Quarterly report Financial data

Document And Entity Information

Document And Entity Information - shares	6 Months Ended
	Jun. 30, 2018	Aug. 09, 2018
Document Information [Line Items]
Document Type	10-Q
Amendment Flag	false
Document Period End Date	Jun. 30, 2018
Document Fiscal Year Focus	2,018
Document Fiscal Period Focus	Q2
Entity Registrant Name	CHINA AUTOMOTIVE SYSTEMS INC
Entity Central Index Key	1,157,762
Current Fiscal Year End Date	--12-31
Entity Filer Category	Smaller Reporting Company
Trading Symbol	CAAS
Entity Common Stock, Shares Outstanding		31,644,004

Condensed Unaudited Consolidate

Condensed Unaudited Consolidated Statements of Operations and Comprehensive Income - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2018	Jun. 30, 2017	Jun. 30, 2018	Jun. 30, 2017
Net product sales	$ 125,782	$ 117,660	$ 259,800	$ 236,968
Cost of products sold	108,761	93,599	221,140	191,278
Gross profit	17,021	24,061	38,660	45,690
Gain on other sales	977	4,555	2,490	5,343
Less: Operating expenses
Selling expenses	4,887	4,555	10,714	8,623
General and administrative expenses	4,442	5,283	8,866	9,637
Research and development expenses	8,085	7,707	16,392	14,472
Total operating expenses	17,414	17,545	35,972	32,732
Income from operations	584	11,071	5,178	18,301
Other income/(expense), net	600	152	1,221	(102)
Interest expense	(801)	(644)	(1,216)	(875)
Financial income, net	897	550	132	882
Income before income tax expenses and equity in earnings of affiliated companies	1,280	11,129	5,315	18,206
Less: Income taxes	202	2,186	790	3,376
Equity in earnings/(losses) of affiliated companies	(82)	(62)	503	(11)
Net income	996	8,881	5,028	14,819
Net income/(loss) attributable to non-controlling interests	149	(40)	(131)	184
Net income attributable to parent company's common shareholders	847	8,921	5,159	14,635
Comprehensive income:
Net income	996	8,881	5,028	14,819
Other comprehensive income:
Foreign currency translation (loss)/gain, net of tax	(17,467)	5,814	(4,225)	7,443
Comprehensive (loss)/income	(16,471)	14,695	803	22,262
Comprehensive (loss)/income attributable to non-controlling interests	(431)	155	(195)	433
Comprehensive (loss)/income attributable to parent company	$ (16,040)	$ 14,540	$ 998	$ 21,829
Net income attributable to parent company's common shareholders per share
Basic - (in dollars per share)	$ 0.03	$ 0.28	$ 0.16	$ 0.46
Diluted- (in dollars per share)	$ 0.03	$ 0.28	$ 0.16	$ 0.46
Weighted average number of common shares outstanding
Basic (in shares)	31,644,004	31,644,004	31,644,004	31,644,004
Diluted (in shares)	31,647,305	31,649,322	31,645,655	31,649,615

Condensed Unaudited Consolidat3

Condensed Unaudited Consolidated Statements of Operations and Comprehensive Income [Parenthetical] - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2018	Jun. 30, 2017	Jun. 30, 2018	Jun. 30, 2017
Revenue from Related Parties	$ 10,856	$ 8,583	$ 21,702	$ 18,121
Related Party Costs	$ 7,428	$ 6,283	$ 15,677	$ 13,646

Condensed Unaudited Consolidat4

Condensed Unaudited Consolidated Balance Sheets - USD ($) $ in Thousands		Jun. 30, 2018	Dec. 31, 2017
Current assets:
Cash and cash equivalents		$ 58,682	$ 64,558
Pledged cash		26,803	31,535
Short-term investments		26,902	29,587
Accounts and notes receivable, net - unrelated parties		262,733	274,989
Accounts and notes receivable, net - related parties		20,826	19,086
Advance payments and others - unrelated parties		12,464	12,790
Advance payments and others - related parties		1,006	20,841
Inventories		90,594	79,217
Total current assets		500,010	532,603
Non-current assets:
Property, plant and equipment, net	[1],[2]	131,100	126,033
Intangible assets, net		549	661
Other receivables, net - unrelated parties		945	2,188
Advance payment for property, plant and equipment - unrelated parties		6,971	9,657
Advance payment for property, plant and equipment - related parties		6,672	5,264
Long-term investments		33,479	27,596
Deferred tax assets		13,270	13,367
Total assets		692,996	717,369
Current liabilities:
Short-term loans		57,073	72,711
Accounts and notes payable - unrelated parties		212,436	233,048
Accounts and notes payable - related parties		6,913	7,168
Customer deposits		762	1,128
Accrued payroll and related costs		7,372	8,577
Accrued expenses and other payables		41,499	40,127
Accrued pension costs		3,876	4,051
Taxes payable		10,408	5,927
Amounts due to shareholders/directors		336	343
Advances payable (current portion)		378	383
Total current liabilities		341,053	373,463
Long-term liabilities:
Long-term loans		302	306
Advances payable		355	359
Other long-term payable		10,843	0
Long-term tax payable	[3]	29,874	32,719
Deferred tax liabilities		4,175	4,393
Total liabilities		386,602	411,240
Commitments and Contingencies (See Note 28)
Stockholders' equity:
Common stock, $0.0001 par value - Authorized - 80,000,000 shares; Issued - 32,338,302 and 32,338,302 shares as of June 30, 2018 and December 31, 2017, respectively		3	3
Additional paid-in capital		64,406	64,406
Retained earnings-
Appropriated		10,830	10,707
Unappropriated		214,495	209,459
Accumulated other comprehensive income		13,619	17,780
Treasury stock - 694,298 and 694,298 shares as of June 30, 2018 and December 31, 2017, respectively		(2,907)	(2,907)
Total parent company stockholders' equity		300,446	299,448
Non-controlling interests		5,948	6,681
Total stockholders' equity		306,394	306,129
Total liabilities and stockholders' equity		$ 692,996	$ 717,369
[1]	Depreciation charges were $4.6 million and $3.6 million for the three months ended June 30, 2018 and 2017, respectively, and $8.8 million and $7.7 million for the six months ended June 30, 2018 and 2017, respectively.
[2]	Interest costs capitalized for the three months ended June 30, 2018 and 2017, were $0.2 million and $0.2 million, respectively, and $0.4 million and $0.3 million for the six months ended June 30, 2018 and 2017, respectively.
[3]	A one-time transition tax of $35.6 million was recognized in the fourth quarter of 2017 that represented management’s estimate of the amount of U.S. corporate income tax based on the deemed repatriation to the United States of the Company’s share of previously deferred earnings of certain non-U.S. subsidiaries of the Company mandated by the U.S. Tax Reform. The Company elected to pay the one-time transition tax over eight years commencing in April 2018. As of June 30, 2018 and December 31, 2017, $5.7 million and $2.8 million was included in taxes payable as a current liability which the Company believes will be paid within one year and the remaining balance was included in long-term taxes payable. See Note 24 for more details about the U.S. Tax Reform.

Condensed Unaudited Consolidat5

Condensed Unaudited Consolidated Balance Sheets [Parenthetical] - $ / shares	Jun. 30, 2018	Dec. 31, 2017
Common stock, par value (in dollars per share)	$ 0.0001	$ 0.0001
Common stock, shares authorized	80,000,000	80,000,000
Common stock, shares issued	32,338,302	32,338,302
Treasury stock, shares	694,298	694,298

Condensed Unaudited Consolidat6

Condensed Unaudited Consolidated Statements of Cash Flows $ in Thousands, ¥ in Millions	1 Months Ended	3 Months Ended		6 Months Ended		12 Months Ended
	Jan. 31, 2018USD ($)	Jun. 30, 2018USD ($)	Jun. 30, 2017USD ($)	Jun. 30, 2018USD ($)	Jun. 30, 2017USD ($)	Dec. 31, 2017USD ($)
Cash flows from operating activities:
Net income		$ 996	$ 8,881	$ 5,028	$ 14,819
Adjustments to reconcile net income from operations to net cash provided by operating activities:
Depreciation and amortization				8,837	7,809
Increase in provision for doubtful accounts				242	1,008
Inventory write downs				3,456	2,101
Deferred income taxes				(231)	971
Equity in earnings/(losses) of affiliated companies				(503)	11
Loss/(gain) on fixed assets disposals				9	(2,202)
(Increase)/decrease in:
Accounts and notes receivable				6,644	6,570
Advance payments and others				(1,374)	1,241
Inventories				(16,062)	2,104
Increase/(decrease) in:
Accounts and notes payable				(15,574)	(2,932)
Customer deposits				(345)	(7)
Accrued payroll and related costs				(1,153)	(2)
Accrued expenses and other payables				2,245	(3,028)
Accrued pension costs				(96)	(307)
Taxes payable				3,484	(6,069)
Net cash (used)/provided by operating activities				(5,393)	22,087
Cash flows from investing activities:
Increase in other receivables				1,190	137
Cash received from property, plant and equipment sales				199	2,334
Payments to acquire property, plant and equipment (including $5,694 and $3,497 paid to related parties for the six months ended June 30, 2018 and 2017, respectively)	$ (13,800)			(17,299)	(10,178)
Purchase of short-term investments				(18,502)	(8,069)
Purchase of long-term time deposit				0	(5,836)
Proceeds from maturities of short-term investments				21,687	11,923
Investment under equity method				(5,957)	(730)
Cash received for related party loan repayment				20,430	0
Loan to a related party				0	(29,044)
Net cash provided/(used) in investing activities				1,748	(39,463)
Cash flows from financing activities:
Proceeds from bank loans				19,672	59,088
Repayments of bank loans				(35,664)	(34,128)
Proceeds from sale and leaseback transaction				11,758	0
Repayments of the borrowing for sale and leaseback transaction				(1,125)	0
Net cash (used)/provided by financing activities				(5,359)	24,960
Effects of exchange rate on cash, cash equivalents and pledged cash				(1,604)	1,466
Net (decrease)/increase in cash, cash equivalents and pledged cash				(10,608)	9,050
Cash, cash equivalents and pledged cash at beginning of period	$ 96,093			96,093	61,891	$ 61,891
Cash, cash equivalents and pledged cash at end of period		$ 85,485	$ 70,941	85,485	70,941	$ 96,093
SUPPLEMENTAL DISCLOSURE OF CASH FLOW INFORMATION:
Cash paid for interest				432	354
Cash paid for income taxes				637	4,172
SUPPLEMENTAL DISCLOSURE OF NON-CASH INVESTING AND FINANCING ACTIVITIES:
Property, plant and equipment recorded during the period which previously were advance payments				5,419	10,310
Accounts payable for acquiring property, plant and equipment				107	709
Dividends payable to non-controlling interests				$ 538	$ 608

Condensed Unaudited Consolidat7

Condensed Unaudited Consolidated Statements of Cash Flows [Parenthetical] - USD ($) $ in Thousands	6 Months Ended
	Jun. 30, 2018	Jun. 30, 2017
Payments to Acquire Property, Plant, and Equipment	$ 17,299	$ 10,178
Related Party [Member]
Payments to Acquire Property, Plant, and Equipment	$ 5,694	$ 3,497

Organization and business

Organization and business	6 Months Ended
	Jun. 30, 2018
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Organization and Business [Text Block]	1. Organization and business China Automotive Systems, Inc., “China Automotive,” was incorporated in the State of Delaware on June 29, 1999 under the name Visions-In-Glass, Inc. China Automotive, including, when the context so requires, its subsidiaries and the joint ventures described below, is referred to herein as the “Company.” The Company is primarily engaged in the manufacture and sale of automotive systems and components, as described below. Great Genesis Holdings Limited, a company incorporated in Hong Kong on January 3, 2003 under the Companies Ordinance in Hong Kong as a limited liability company, “Genesis,” is a wholly-owned subsidiary of the Company. Henglong USA Corporation, “HLUSA,” incorporated on January 8, 2007 in Troy, Michigan, is a wholly-owned subsidiary of the Company, and mainly engages in marketing of automotive parts in North America, and provides after-sales service and research and development support accordingly. The Company owns the following aggregate net interests in the following Sino-foreign joint ventures, wholly-owned subsidiaries and joint ventures organized in the People's Republic of China, the “PRC,” and Brazil as of June 30, 2018 and December 31, 2017. Percentage Interest Name of Entity June 30, ‎ 2018 December 31, ‎ 2017 Shashi Jiulong Power Steering Gears Co., Ltd., “Jiulong” 1 100.00 % 100.00 % Jingzhou Henglong Automotive Parts Co., Ltd., “Henglong” 2 100.00 % 100.00 % Shenyang Jinbei Henglong Automotive Steering System Co., Ltd., “Shenyang” 3 70.00 % 70.00 % Universal Sensor Application Inc., “USAI” 4 83.34 % 83.34 % Wuhan Jielong Electric Power Steering Co., Ltd., “Jielong” 5 85.00 % 85.00 % Wuhu Henglong Automotive Steering System Co., Ltd., “Wuhu” 6 77.33 % 77.33 % Hubei Henglong Automotive System Group Co., Ltd., “Hubei Henglong” 7 100.00 % 100.00 % Jingzhou Henglong Automotive Technology (Testing) Center, “Testing Center” 8 100.00 % 100.00 % Chongqing Henglong Hongyan Automotive System Co., Ltd., “Chongqing Henglong” 9 70.00 % 70.00 % CAAS Brazil’s Imports and Trade In Automotive Parts Ltd., “Brazil Henglong” 10 95.84 % 95.84 % Wuhan Chuguanjie Automotive Science and Technology Ltd., “Wuhan Chuguanjie” 11 85.00 % 85.00 % Hubei Henglong Group Shanghai Automotive Electronics Research and Development Ltd., “Shanghai Henglong” 12 100.00 % 100.00 % Jingzhou Qingyan Intelligent Automotive Technology Institute Co., Ltd., “Jingzhou Qingyan” 13 60.00 % 60.00 % 1. Jiulong was established in 1993 and mainly engages in the production of integral power steering gears for heavy-duty vehicles. 2. Henglong was established in 1997 and mainly engages in the production of rack and pinion power steering gears for cars and light duty vehicles. 3. Shenyang was established in 2002 and focuses on power steering parts for light duty vehicles. 4. USAI was established in 2005 and mainly engages in the production and sales of sensor modules. 5. Jielong was established in 2006 and mainly engages in the production and sales of automotive steering columns. 6. Wuhu was established in 2006 and mainly engages in the production and sales of automobile steering systems. 7. On March 7, 2007, Genesis established Hubei Henglong, formerly known as Jingzhou Hengsheng Automotive System Co., Ltd., its wholly-owned subsidiary, to engage in the production and sales of automotive steering systems. On July 8, 2012, Hubei Henglong changed its name to Hubei Henglong Automotive System Group Co., Ltd. 8. In December 2009, Henglong, a subsidiary of Genesis, formed Testing Center, which mainly engages in the research and development of new products. 9. On February 21, 2012, Hubei Henglong and SAIC-IVECO Hongyan Company, “SAIC-IVECO,” established a Sino-foreign joint venture company, Chongqing Henglong, to design, develop and manufacture both hydraulic and electric power steering systems and parts. 10. On August 21, 2012, Brazil Henglong was established as a Sino-foreign joint venture company by Hubei Henglong and two Brazilian citizens, Ozias Gaia Da Silva and Ademir Dal’ Evedove. Brazil Henglong engages mainly in the import and sales of automotive parts in Brazil. In May 2017, the Company obtained an additional 15.84% equity interest in Brazil Henglong for nil consideration. The Company retained its controlling interest in Brazil Henglong and the acquisition of the non-controlling interest was accounted for as an equity transaction. 11. In May 2014, together with Hubei Wanlong, Jielong formed a subsidiary, Wuhan Chuguanjie Automotive Science and Technology Ltd., “Wuhan Chuguanjie”, which mainly engages in research and development, manufacture and sales of automobile electronic systems and parts. Wuhan Chuguanjie is located in Wuhan, China. 12. In January 2015, Hubei Henglong formed Hubei Henglong Group Shanghai Automotive Electronics Research and Development Ltd., “Shanghai Henglong”, which mainly engages in the design and sales of automotive electronics. 13. In November 2017,

Basis of presentation and signi

Basis of presentation and significant accounting policies	6 Months Ended
	Jun. 30, 2018
Accounting Policies [Abstract]
Basis of Presentation and Significant Accounting Policies [Text Block]	2. Basis of presentation and significant accounting policies (a) Basis of Presentation Basis of Presentation – The accompanying condensed unaudited consolidated financial statements include the accounts of the Company and its subsidiaries. The details of subsidiaries are disclosed in Note 1. Significant inter-company balances and transactions have been eliminated upon consolidation. The condensed unaudited consolidated financial statements have been prepared in accordance with generally accepted accounting principles in the United States of America (“U.S. GAAP”) for interim financial information and with the instructions in Article 10 of Regulation S-X. Accordingly they do not include all of the information and footnotes required by such accounting principles for complete financial statements. These financial statements should be read in conjunction with the consolidated financial statements and related footnotes included in the Company’s Annual Report on Form 10-K for the year ended December 31, 2017. The accompanying interim condensed consolidated financial statements are unaudited, but in the opinion of the Company’s management, contain all necessary adjustments, which include normal recurring adjustments, for a fair statement of the results of operations, financial position and cash flows for the interim periods presented. The condensed consolidated balance sheet as of December 31, 2017 is derived from the Company’s audited financial statements at that date but does not include all of the information and footnotes required by U.S. GAAP for complete financial statements. Certain information and footnote disclosures normally included in financial statements that have been prepared in accordance with U.S. GAAP have been condensed or omitted pursuant to the rules and regulations of the Securities and Exchange Commission, although the Company’s management believes that the disclosures contained in these financial statements are adequate to make the information presented herein not misleading. For further information, please refer to the financial statements and the notes thereto included in the Company’s 2017 Annual Report on Form 10-K, as filed with the Securities and Exchange Commission. The results of operations for the three months and six months ended June 30, 2018 are not necessarily indicative of the results of operations to be expected for the full fiscal year ending December 31, 2018. Estimation - The preparation of financial statements in conformity with U.S. GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities, disclosure of contingent assets and liabilities at the dates of the financial statements, and the reported amounts of revenues and expenses during the reporting periods. Actual results could differ from those estimates. Foreign Currencies - China Automotive, the parent company, and HLUSA maintain their books and records in United States Dollars, “USD,” their functional currency. The Company’s subsidiaries based in the PRC and Genesis maintain their books and records in Renminbi, “RMB,” their functional currency. The Company’s subsidiary based in Brazil maintains its books and records in Brazilian reais, “BRL,” its functional currency. In accordance with ASC Topic 830, “FASB Accounting Standards Codification”, foreign currency transactions denominated in currencies other than the functional currency are remeasured into the functional currency at the rate of exchange prevailing at the balance sheet date for monetary items. Nonmonetary items are remeasured at historical rates. Income and expenses are remeasured at the rate in effect on the transaction dates. Transaction gains and losses, if any, are included in the determination of net income for the period. (b) Recent Accounting Pronouncements In February 2016, the FASB issued Accounting Standards Update (“ASU”) 2016-02, Leases. Under the new guidance, lessees will be required to recognize a lease liability and a lease asset for all leases, including operating leases, with a term greater than 12 months on its balance sheet. The update also expands the required quantitative and qualitative disclosures surrounding leases. This update is effective for fiscal years beginning after December 15, 2018 and interim periods within those fiscal years, with earlier application permitted. In July 2018, the FASB issued ASU 2018-11, Leases (Topic 842) Target Improvements. The amendments in this Update provide entities with an additional (and optional) transition method to adopt the new leases standard. Under this new transition method, an entity initially applies the new leases standard at the adoption date and recognizes a cumulative-effect adjustment to the opening balance of retained earnings in the period of adoption consistent with preparers’ requests. Consequently, an entity’s reporting for the comparative periods presented in the financial statements in which it adopts the new leases standard will continue to be in accordance with current GAAP (Topic 840, Leases). An entity that elects this additional (and optional) transition method must provide the required Topic 840 disclosures for all periods that continue to be in accordance with Topic 840. The amendments do not change the existing disclosure requirements in Topic 840 (for example, they do not create interim disclosure requirements that entities previously were not required to provide). For entities that have not adopted Topic 842 before the issuance of this Update, the effective date and transition requirements for the amendments in this Update related to separating components of a contract are the same as the effective date and transition requirements in Update 2016-02. The Company is in the process of evaluating the impact of adopting these guidance. In August 2016, the FASB issued ASU 2016-15, Statement of Cash Flows (Topic 230), Classification of Certain Cash Receipts and Cash Payments. ASU 2016-15 refines how companies classify certain aspects of the cash flow statement in regards to debt prepayment, settlement of debt instruments, contingent consideration payments, proceeds from insurance claims and life insurance policies, distribution from equity method investees, beneficial interests in securitization transactions and separately identifiable cash flows. ASU 2016-15 is effective for fiscal years beginning after December 15, 2017, and interim periods within fiscal years beginning after December 15, 2018. The adoption of this guidance does not have a material effect on the Company's consolidated financial statements. In October 2016, the FASB issued ASU 2016-16, Income Taxes (Topic 740) - Intra-Entity Transfers of Assets Other Than Inventory, to improve the accounting for the income tax consequences of intra-entity transfers of assets other than inventory. The FASB decided that an entity should recognize the income tax consequences of an intra-entity transfer of an asset other than inventory when the transfer occurs. Consequently, the amendments in this Update eliminate the exception for an intra-entity transfer of an asset other than inventory. Two common examples of assets included in the scope of this Update are intellectual property and property, plant, and equipment. The Update does not change GAAP for an intra-entity transfer of inventory. The amendments in this Update do not include new disclosure requirements; however, existing disclosure requirements might be applicable when accounting for the current and deferred income taxes for an intra-entity transfer of an asset other than inventory. For public business entities, the amendments in this Update are effective for annual reporting periods beginning after December 15, 2017, including interim reporting periods within those annual reporting periods. Early adoption is permitted for all entities as of the beginning of an annual reporting period for which financial statements (interim or annual) have not been issued or made available for issuance. The amendments in this Update should be applied on a modified retrospective basis through a cumulative-effect adjustment directly to retained earnings as of the beginning of the period of adoption. The adoption of this guidance does not have a material effect on the Company's consolidated financial statements. In January 2017, the FASB issued ASU 2017-01: Business Combinations (Topic 805): Clarifying the Definition of a Business. The amendments in this Update provide a screen to determine when a set is not a business. The screen requires that when substantially all of the fair value of the gross assets acquired (or disposed of) is concentrated in a single identifiable asset or a group of similar identifiable assets, the set is not a business. This screen reduces the number of transactions that need to be further evaluated. If the screen is not met, the amendments in this Update (1) require that to be considered a business, a set must include, at a minimum, an input and a substantive process that together significantly contribute to the ability to create output and (2) remove the evaluation of whether a market participant could replace missing elements. The amendments provide a framework to assist entities in evaluating whether both an input and a substantive process are present. The framework includes two sets of criteria to consider that depend on whether a set has outputs. Although outputs are not required for a set to be a business, outputs generally are a key element of a business; therefore, the FASB has developed more stringent criteria for sets without outputs. Lastly, the amendments in this Update narrow the definition of the term output so that the term is consistent with how outputs are described in Topic 606. Public business entities should apply the amendments in this Update to annual periods beginning after December 15, 2017, including interim periods within those periods. Early application of the amendments in this Update is allowed. The amendments in this Update should be applied prospectively on or after the effective date. No disclosures are required at transition. The adoption of this guidance does not have a material effect on the Company's consolidated financial statements. In May 2017, the FASB issued guidance within ASU 2017-09: Scope of Modification Accounting. The amendments in ASU 2017-09 to Topic 718, Compensation - Stock Compensation, provide guidance about which changes to the terms or conditions of a share-based payment award require an entity to apply modification accounting. An entity should account for the effects of a modification unless all of the following conditions are met: the fair value of the modified award is the same as the fair value of the original award immediately before the original award is modified; the vesting conditions of the modified award are the same as the vesting conditions of the original award immediately before the original award is modified; and the classification of the modified award as an equity instrument or a liability instrument is the same as the classification of the original award immediately before the original award is modified. The amendments should be applied prospectively to an award modified on or after the adoption date. The amendments are effective for annual periods, and interim periods within those annual periods, beginning after December 31, 2017. The adoption of this guidance does not have a material effect on the Company's consolidated financial statements. In February 2018, the FASB issued ASU 2018-02, Income Statement - Reporting Comprehensive Income (Topic 220): Reclassification of Certain Tax Effects from Accumulated Other Comprehensive Income, to address specific consequences of the recent U.S. federal tax legislation commonly referred to as the Tax Cuts and Jobs Act (the “U.S. Tax Reform”). The update allows a reclassification from accumulated other comprehensive income to retained earnings for stranded tax effects resulting from the U.S. Tax Reform. The accounting update is effective January 1, 2019, with early adoption permitted, and is to be applied either in the period of adoption or retrospectively to each period in which the effect of the change in the U.S. federal corporate income tax rate in the U.S. Tax Reform is recognized. The Company is currently evaluating the impact of the new standard on the Company's consolidated financial statements. Statements of Cash Flows (Topic 230): Restricted Cash. In November 2016, the FASB issued ASU 2016-18, Statements of Cash Flows (Topic 230): Restricted Cash. The guidance requires that a statement of cash flows explain the changes during the period in the total of cash, cash equivalents, and amounts generally described as restricted cash or restricted cash equivalents. Amounts generally described as restricted cash and restricted cash equivalents should be included with cash and cash equivalents when reconciling the beginning-of-period and end-of-period total amounts shown on the statements of cash flows. The standard is effective for fiscal years beginning after December 15, 2017, and interim periods within those fiscal years. The standard should be applied to each period presented using a retrospective transition method. The adoption of this standard does not have a material impact on the Company’s consolidated financial statements, but resulted in pledged cash being included with cash, cash equivalents and pledged cash when reconciling the beginning-of-period and end-of-period total amounts shown on the statements of cash flows. (c) Significant Accounting Policies Net Product Sales - On January 1, 2018, the Company adopted ASC Topic 606 “Revenue from Contracts with Customers”, and all related amendments, using the modified retrospective method applied to those contracts that were not completed as of January 1, 2018. Results for reporting periods beginning after January 1, 2018 are presented under Topic 606, while prior period amounts are not adjusted and continue to be reported in accordance with our historical accounting practices under ASC Topic 605 “Revenue Recognition”. Management has determined that the impact of the transition to the new standard is immaterial to the Company’s revenue recognition model since the vast majority of our revenue recognition is based on point in time transfer of control. Accordingly, the Company has not made any adjustment to opening retained earnings. Products sales to customers are made pursuant to master agreements entered into between the Company and its customers that provide for transfer of both title and risk of loss upon the Company’s delivery to the location specified in the contracts. The Company’s sales arrangements generally do not contain variable considerations and are short-term in nature. A period of credit term is granted to the customers after the delivery and before making payment. The Company recognizes revenue at a point in time based on management’s evaluation of when the customer obtains control of the products. Revenue is recognized when all performance obligations under the terms of a contract with the customer are satisfied and control of the product has been transferred to the customer. Sales of goods typically do not include multiple product and/or service elements. Revenue is measured as the amount of consideration management expects the Company to receive in exchange for transferring goods pursuant to the contracts. Value-added tax that the Company collects concurrent with revenue-producing activities is excluded from revenue. Incidental contract costs that are not material in the context of the delivery of goods and services are recognized as expense. At the time revenue is recognized, allowances are recorded, with the related reduction to revenue, for estimated price discounts based upon historical experience and related terms of customer arrangements. Where the Company has offered product warranties, the Company also establishes liabilities for estimated warranty costs based upon historical experience and specific warranty provisions. Warranty liabilities are adjusted when experience indicates the expected outcome will differ from initial estimates of the liability. The Company treats shipping and handling fees as a fulfillment cost since control of the products is usually transferred to the customer after the delivery. Revenue Disaggregation Management has concluded that the disaggregation level is the same under both the revenue standard and the segment reporting standard. Revenue under the segment reporting standard is measured on the same basis as under the revenue standard, so management did not repeat the disaggregation of revenue under both standards. Contract Assets and Liabilities Contract assets, such as costs to obtain or fulfill contracts, are an insignificant component of the Company’s revenue recognition process. The majority of the Company’s cost of fulfillment as a manufacturer of products is classified as inventory, fixed assets and intangible assets, which are accounted for under the respective guidance for those asset types. Other costs of contract fulfillment are immaterial due to the nature of our products and their respective manufacturing processes. Contract liabilities are mainly customer deposits. Customer Deposits As of June 30, 2018 and December 31, 2017, the Company has customer deposits of $0.8 million and $1.1 million the six months ended June 30, 2018 $2.0 million was recognized as net product sales revenue. Customer deposits represent non-refundable cash deposits for customers to secure rights to an amount of products produced by the Company under supply agreements. When the products are shipped to customers, the Company will recognize revenue and bill the customers to reduce the amount of the customer deposit liability. Practical Expedient and Exemptions The Company does not disclose the value of unsatisfied performance obligations for contracts with an original expected length of one year or less. The Company does not adjust the promised amount of consideration for the effects of a significant financing component since the Company expects, at contract inception, that the period between when the Company transfers promised goods to the customers and when the customers pay for the goods will be within one year. Except for the adoption of ASC Topic 606, there have been no updates to the significant accounting policies set forth in the notes to the consolidated financial statements for the year ended December 31, 2017.

Short-term investments

Short-term investments	6 Months Ended
	Jun. 30, 2018
Short Term Investments Disclosure [Abstract]
Short Term Investments Disclosure [Text Block]	3. Short-term investments Short-term investments comprise time deposits with terms of three months or more which are due within one year and financial instruments with a variable interest rate indexed to the performance of underlying assets (“Wealth Management Financial Products”) with maturities within one year. The carrying values of time deposits approximate fair value because of their short maturities. The interest earned is recognized in the consolidated statements of income over the contractual term of the deposits. The Wealth Management Financial Products are measured at fair value and classified as Level 2 within the fair value measurement hierarchy. The fair values were measured by using directly or indirectly observable inputs in the marketplace. Changes in the fair value are reflected in other income in the consolidated statements of operations and comprehensive income. The Company’s short-term investments as of June 30, 2018 and December 31, 2017 are summarized as follows (figures are in thousands of USD): June 30, 2018 December 31, 2017 Time deposits $ 10,428 $ 12,019 Wealth management financial products measured at fair value 16,474 17,568 Total $ 26,902 $ 29,587 As of June 30, 2018, the Company had pledged short-term investments of RMB 3.0 million, equivalent to approximately $0.5 million, to secure a standby letter of credit under China CITIC Bank (Note 12). The use of the pledged short-term investments is restricted. As of December 31, 2017, the Company had pledged short-term investments of RMB 13.0 million, equivalent to approximately $2.0 million, to secure standby letters of credit under HSBC Bank (Note 12) and China CITIC Bank. The use of the pledged short-term investments is restricted.

Accounts and notes receivable,

Accounts and notes receivable, net	6 Months Ended
	Jun. 30, 2018
Accounts and Notes Receivable Disclosure [Abstract]
Accounts and Notes Receivable Disclosure [Text Block]	4. Accounts and notes receivable, net The Company’s accounts and notes receivable as of June 30, 2018 and December 31, 2017 are summarized as follows (figures are in thousands of USD): June 30, 2018 December 31, 2017 Accounts receivable - unrelated parties $ 153,325 $ 166,889 Notes receivable - unrelated parties (1) (2) 110,728 109,183 Total accounts and notes receivable- unrelated parties 264,053 276,072 Less: allowance for doubtful accounts - unrelated parties (3) (1,320 ) (1,083 ) Accounts and notes receivable, net - unrelated parties 262,733 274,989 Accounts and notes receivable, net - related parties 20,826 19,086 Accounts and notes receivable, net $ 283,559 $ 294,075 (1) Notes receivable represent accounts receivable in the form of bills of exchange for which acceptances are guaranteed and settlements are handled by banks. (2) As of June 30, 2018 and December 31, 2017, the Company pledged its notes receivable in an amount of approximately $39.2 million and $39.6 million, respectively, as security for its comprehensive credit facilities or loans. (3) Provision for doubtful accounts and notes receivable amounted to $0.3 million and $0.1 million for the six months ended June 30, 2018 and 2017, respectively.

Advance payments and others

Advance payments and others	6 Months Ended
	Jun. 30, 2018
Receivables [Abstract]
Advance Payments And Others Disclosure [Text Block]	5. Advance payments and others The Company’s advance payments and others as of June 30, 2018 and December 31, 2017 consisted of the following (figures are in thousands of USD): June 30, 2018 December 31, 2017 Advance payments and others - unrelated parties $ 13,462 $ 13,801 Less: allowance for doubtful accounts – unrelated parties (998 ) (1,011 ) Advance payments and others, net – unrelated parties 12,464 12,790 Advance payments and others - related parties (1) 1,006 20,841 Total advance payments and others $ 13,470 $ 33,631 (1) On March 16, 2017, in order to generate higher returns for the Company’s idle cash, one of the Company's subsidiaries, Hubei Henglong, lent RMB 200.0 million to Henglong Real Estate, one of the Company's related parties, through an independent financial institution by way of an entrusted loan. The term of the loan is one year and the annual interest rate is 6.35%. Henglong Real Estate repaid RMB 70 million and RMB 130 million to Hubei Henglong in the fourth quarter of 2017 and in the first quarter of 2018, respectively. As of June 30, 2018 and December 31, 2017, the outstanding loan balance was nil and RMB 130 million (equivalent to $19.9 million) respectively.

Inventories

Inventories	6 Months Ended
	Jun. 30, 2018
Inventory Disclosure [Abstract]
Inventory Disclosure [Text Block]	6. Inventories The Company’s inventories as of June 30, 2018 and December 31, 2017 consisted of the following (figures are in thousands of USD): June 30, 2018 December 31, 2017 Raw materials $ 22,979 $ 20,033 Work in process 17,719 17,951 Finished goods 49,896 41,233 Total $ 90,594 $ 79,217 The write down of inventories amounted to $3.5 million and $2.1 million for the six months ended June 30, 2018 and 2017, respectively.

Other receivables, net

Other receivables, net	6 Months Ended
	Jun. 30, 2018
Other Receivables Disclosure [Abstract]
Other Receivables Disclosure [Text Block]	7. Other receivables, net The Company’s other receivables as of June 30, 2018 and December 31, 2017 are summarized as follows (figures are in thousands of USD): June 30, 2018 December 31,2017 Other receivables - unrelated parties (1) $ 584 $ 1,109 Other receivables - employee housing loans (2) 464 1,187 Less: allowance for doubtful accounts - unrelated parties (103 ) (108 ) Other receivables, net - unrelated parties $ 945 $ 2,188 June 30, 2018 December 31, 2017 Other receivables - related parties (1) $ 565 $ 585 Less: allowance for doubtful accounts - related parties (565 ) (585 ) Other receivables, net - related parties $ - $ - (1) Other receivables consist of amounts advanced to both related and unrelated parties, primarily as unsecured demand loans. These receivables originate as part of the Company's normal operating activities and are periodically settled in cash. (2) On May 28, 2014, the board of directors of the Company approved a loan program under which the Company will lend an aggregate of up to RMB 50.0 million, equivalent to approximately $7.6 million, to the employees of the Company to assist them in purchasing houses. Employees are required to pay interest at an annual rate of 3.8%. These loans are unsecured and the term of the loans is generally five years.

Long-term investments

Long-term investments	6 Months Ended
	Jun. 30, 2018
Long-term Investments [Abstract]
Long-Term Investments [Text Block]	8. Long-term investments In January 2010, the Company invested $3.1 million to establish a joint venture company, Beijing Henglong, with Hainachuan. The Company owns 50% of the equity in Beijing Henglong and can exercise significant influence over Beijing Henglong’s operating and financial policies. The Company accounted for Beijing Henglong’s operational results using the equity method. As of June 30, 2018 and December 31, 2017, the Company had $4.2 million and $4.1 million, respectively, of net equity in Beijing Henglong. In September 2014, Hubei Henglong entered into an agreement with other parties to establish a venture capital fund, the “Suzhou Venture Fund”, which mainly focuses on investments in emerging automobiles and parts industries. Hubei Henglong has committed to make investments of RMB 50.0 million, equivalent to approximately $7.6 million, in the Suzhou Venture Fund in three installments. As of June 30, 2018, Hubei Henglong has completed a capital contribution of RMB 50.0 million, equivalent to approximately $7.6 million, representing 12.5% of the Suzhou Venture Fund’s shares. As a limited partner, Hubei Henglong has more than virtually no influence over the Suzhou Venture Fund’s operating and financial policies. The investment is accounted for using the equity method. As of June 30, 2018 and December 31, 2017, the Company had $10.7 million and $10.3 million, respectively, of net equity in the Suzhou Venture Fund. In May 2016, Hubei Henglong entered into an agreement with other parties to establish a venture capital fund, the “Chongqing Venture Fund”. Hubei Henglong has committed to make investments of RMB 120.0 million, equivalent to approximately $18.1 million, in the Chongqing Venture Fund in three installments. As of June 30, 2018, Hubei Henglong has completed a capital contribution of RMB 84.0 million, equivalent to approximately $12.7 million, representing 23.5% of the Chongqing Venture Fund’s shares. As a limited partner, Hubei Henglong has more than virtually no influence over the Chongqing Venture Fund’s operating and financial policies. The investment is accounted for using the equity method. As of June 30, 2018 and December 31, 2017, the Company had $12.4 million and $12.7 million, respectively, of net equity in the Chongqing Venture Fund. In October 2016, Hubei Henglong invested RMB 3.0 million, equivalent to approximately $0.5 million, to establish a joint venture company, Chongqing Jinghua Automotive Intelligent Manufacturing Technology Research Co., Ltd., “Chongqing Jinghua”, with five other parties. The Company owns 30% of the equity in Chongqing Jinghua, and can exercise significant influence over Chongqing Jinghua’s operating and financial policies. The Company accounts for Chongqing Jinghua’s operational results with the equity method. As of June 30, 2018 and December 31, 2017, the Company had $0.4 million and $0.5 million, respectively, of net equity in Chongqing Jinghua. In March 2018, Hubei Henglong entered into an agreement with other parties to establish a venture capital fund, the “Hubei Venture Fund”. Hubei Henglong has committed to make investments of RMB 76.0 million, equivalent to approximately $11.5 million, in the Chongqing Venture Fund in three installments. As of June 30, 2018, Hubei Henglong has completed a capital contribution of RMB 38.0 million, equivalent to approximately $5.7 million, representing 19.0% of the Hubei Venture Fund’s shares. As a limited partner, Hubei Henglong has more than virtually no influence over the Hubei Venture Fund’s operating and financial policies. The investment is accounted for using the equity method. As of June 30, 2018 and December 31, 2017, the Company had $5.7 million and nil, respectively, of net equity in the Hubei Venture Fund. The Company’s consolidated financial statements reflect the net income of non-consolidated affiliates of $0.5 million and $0.01 million for the six months ended June 30, 2018 and 2017, respectively.

Property, plant and equipment,

Property, plant and equipment, net	6 Months Ended
	Jun. 30, 2018
Property, Plant and Equipment [Abstract]
Property, Plant and Equipment Disclosure [Text Block]	9. Property, plant and equipment, net The Company’s property, plant and equipment as of June 30, 2018 and December 31, 2017 are summarized as follows (figures are in thousands of USD): June 30, 2018 December 31, 2017 Land use rights and buildings $ 62,432 $ 63,173 Machinery and equipment 182,169 165,863 Electronic equipment 5,950 5,819 Motor vehicles 5,016 4,945 Construction in progress 18,317 22,352 Total amount of property, plant and equipment 273,884 262,152 Less: Accumulated depreciation (1) (142,784 ) (136,119 ) Total amount of property, plant and equipment, net (2) (3) $ 131,100 $ 126,033 (1) As of June 30, 2018 and December 31, 2017, the Company pledged property, plant and equipment with a net book value of approximately $57.0 million and $57.8 million, respectively as security for its comprehensive credit facilities with banks in China. (2) Depreciation charges were $4.6 million and $3.6 million for the three months ended June 30, 2018 and 2017, respectively, and $8.8 million and $7.7 million for the six months ended June 30, 2018 and 2017, respectively. (3) Interest costs capitalized for the three months ended June 30, 2018 and 2017, were $0.2 million and $0.2 million, respectively, and $0.4 million and $0.3 million for the six months ended June 30, 2018 and 2017, respectively.

Intangible assets

Intangible assets	6 Months Ended
	Jun. 30, 2018
Goodwill and Intangible Assets Disclosure [Abstract]
Intangible Assets Disclosure [Text Block]	10. Intangible assets The Company’s intangible assets as of June 30, 2018 and December 31, 2017 are summarized as follows (figures are in thousands of USD): June 30, 2018 December 31, 2017 Costs: Patent technology $ 2,082 $ 2,108 Management software license 1,423 1,441 Total intangible assets 3,505 3,549 Less: Amortization (1) (2,956 ) (2,888 ) Total intangible assets, net $ 549 $ 661 (1) Amortization expenses were $0.1 million and $0.1 million for the three months ended June 30, 2018 and 2017, respectively, and $0.1 million and $0.1 million for the six months ended June 30, 2018 and 2017, respectively.

Deferred income tax assets

Deferred income tax assets	6 Months Ended
	Jun. 30, 2018
Income Tax Disclosure [Abstract]
Deferred Income Tax Assets Disclosure [Text Block]	11. Deferred income tax assets In accordance with the provisions of ASC Topic 740, “Income Taxes”, The components of estimated deferred income tax assets as of June 30, 2018 and December 31, 2017 are as follows (figures are in thousands of USD): June 30, 2018 December 31, 2017 Losses carry forward (U.S.) (1) $ 3,146 $ 3,580 Losses carry forward (Non-U.S.) (1) 2,820 2,178 Product warranties and other reserves 5,492 5,264 Property, plant and equipment 4,643 4,607 Share-based compensation 172 156 Bonus accrual 210 287 Other accruals 1,302 1,535 Deductible temporary difference related to revenue recognition 350 465 Others 1,439 1,353 Total deferred tax assets, net 19,574 19,425 Less: Valuation allowance (6,304 ) (6,058 ) Total deferred tax assets, net of valuation allowance $ 13,270 $ 13,367 (1) The net operating losses carry forward for the U.S. entities for income tax purposes are available to reduce future years' taxable income. These carry forward losses will expire, if not utilized, at various times over the next 20 years. Net operating losses carry forward for China entities can be carried forward for 5 years to offset taxable income. As of June 30, 2018, the valuation allowance was $6.3 million, including $3.3 million allowance for the Company’s deferred tax assets in the United States and $3.0 million allowance for the Company’s non-U.S. deferred tax assets. Based on the Company’s current operations in the United States, management believes that the deferred tax assets in the United States are not likely to be realized in the future. For the deferred tax assets in other countries, pursuant to certain tax laws and regulations, management believes such amount will not be used to offset future taxable income.

Loans

Loans	6 Months Ended
	Jun. 30, 2018
Debt Disclosure [Abstract]
Short-term Debt [Text Block]	12. Loans Loans consist of the following as of June 30, 2018 and December 31, 2017 (figures are in thousands of USD): June 30, 2018 December 31, 2017 Short-term bank loan (1) $ 11,335 $ 9,948 Short-term bank loan (2) (3) (4) 28,858 30,454 Short-term bank loans (5) 13,857 29,248 Short-term government loan (6) 3,023 3,061 Total short-term loans $ 57,073 $ 72,711 Long-term government loan (7) 302 306 Total loans $ 57,375 $ 73,017 (1) These loans are secured by property, plant and equipment of the Company and are repayable within one year (See Note 9). As of June 30, 2018 and December 31, 2017, the weighted average interest rate was 4.8% and 4.7% per annum, respectively. Interest is to be paid monthly on the twentieth day of the applicable month or at maturity and the principal repayment is at maturity. (2) On On April 20, 2017, the Company entered into a credit facility agreement with ICBC Macau to obtain a non-revolving credit facility in the amount of $20.0 million, the “ICBC Macau Credit Facility”. The ICBC Macau Credit Facility expired on May 12, 2018 unless the Company draws down the line of credit in full prior to such expiration date, and the maturity date for the loan drawdown is the earlier of (i) 12 months from the date of drawdown or (ii) one month before the expiry of the standby letter of credit obtained by Henglong from ICBC Jingzhou as security for the Credit Facility, the “Henglong Standby Letter of Credit”. The interest rate of the loan drawn down under the ICBC Macau Credit Facility is calculated based on a three-month LIBOR plus 1.30% per annum, subject to the availability of funds and fluctuation at ICBC Macau’s discretion. Interest is calculated daily based on a 360-day year and it is fixed one day before the first day of each interest period. The interest period is defined as three months from the date of drawdown. As security for the ICBC Macau Credit Facility, the Company was required to provide ICBC Macau with a standby letter of credit for a total amount of not less than $25.3 million if the ICBC Macau Credit Facility is fully drawn. On May 5, 2017, the Company drew down the full amount of $20.0 million under the ICBC Macau Credit Facility and provided a standby letter of credit issued by ICBC Jingzhou for an amount of $24.1 million in favor of ICBC Macau. The standby letter of credit is collateralized by Henglong’s notes receivable of RMB 159.3 million, equivalent to approximately $24.1 million. The original maturity date of the Credit Facility was May 12, 2018 and was extended to November 11, 2018. The Company repaid $1.0 million to ICBC Macau on May 4, 2018. The maturity date for the loan under the extended term is the earlier of (i) 18 months from the date of drawdown or (ii) one month before the expiry of Henglong Standby Letter of Credit. Except for the above, all other terms and conditions as stipulated in the Credit Agreement remained unchanged. As of June 30, 2018, the interest rate of the Credit Facility was 3.7% per annum. (3) On April 25, 2017, Great Genesis entered into a credit facility agreement with Taishin Bank to obtain a non-revolving credit facility in the amount of $10.0 million, the “Taishin Bank Credit Facility”. The Taishin Bank Credit Facility expired on April 25, 2018 and was extended to March 20, 2019. As of June 30, 2018, the Taishin Bank Credit Facility has an annual interest rate of 3.9%. Interest is paid monthly and the principal repayment is payable at maturity. As security for the Taishin Bank Credit Facility, the Company’s subsidiary Henglong was required to provide Taishin Bank with a standby letter of credit for a total amount of not less than $10.0 million if the Taishin Bank Credit Facility is fully drawn. On April 28, 2017, Great Genesis drew down the full amount of $9.9 million under the Taishin Bank Credit Facility and provided a standby letter of credit issued by China CITIC Bank Wuchang branch for an amount of $10.0 million in favor of Taishin Bank. The standby letter of credit issued by China CITIC Bank Wuchang branch is collateralized by Henglong’s short-term investments of RMB 4.0 million, equivalent to approximately $0.6 million, and notes receivable of RMB 79.4 million, equivalent to approximately $12.2 million. (4) On August 26, 2016, Brazil Henglong entered into a credit facility agreement with Bank of China (Brazil) to obtain a credit facility in the amount of $0.6 million, the “Bank of China Credit Facility”. The Bank of China Credit Facility expired on January 15, 2018. As security for the Bank of China Credit Facility, the Company’s subsidiary Hubei Henglong was required to provide Bank of China (Brazil) with a Standby Letter of Credit for a total amount of $0.9 million if the Bank of China Credit Facility were to be fully drawn. On August 26, 2016, Brazil Henglong drew down a loan amounting to $0.6 million provided by Bank of China (Brazil). The loan matured on January 15, 2018 and has an annual interest rate of 4.05%. Interest was paid semiannually and the principal repayment was at maturity. Hubei Henglong provided a Standby Letter of Credit for an amount of $0.9 million in favor of Bank of China (Brazil). Hubei Henglong’s Standby Letter of Credit was issued by Bank of China Jingzhou branch and was collateralized by long-term time deposits of Hubei Henglong of RMB 6.0 million, equivalent to approximately $0.9 million. The Company repaid this bank loan on January 16, 2018. (5) On September 26, 2016, Henglong entered into a credit facility agreement with China CITIC Bank to obtain credit facilities in the amount of RMB 170.0 million (equivalent to $25.7 million as of June 30, 2018), the “Henglong CITIC Credit Facility”. The Henglong CITIC Credit Facility expired on September 26, 2017. As security for the Henglong CITIC Credit Facility, Henglong’s property, plant and equipment were pledged and Hubei Henglong provided a guarantee. On March 3, 2017, Henglong drew down loans amounting to RMB 32.5 million, RMB 32.5 million and 30.6 million (equivalent to $4.9 million, $4.9 million and $4.6 million as of June 30, 2018), respectively. The loans matured on February 5, 6 and 7, 2018, respectively. The annual interest rate of the loans was 4.99%. The principal and interest have been repaid. On October 27, 2017, Henglong entered into a credit facility agreement with China CITIC Bank to obtain credit facilities in the amount of RMB 226.0 million (equivalent to $34.2 million as of June 30, 2018), the “Henglong CITIC Credit Facility”. The Henglong CITIC Credit Facility will expire on October 27, 2018. As security for the Henglong CITIC Credit Facility, Henglong’s property, plant and equipment were pledged and Hubei Henglong provided a guarantee. Henglong provided Jielong with a Standby Letter of Credit under the Credit Facility. On January 25, 26 and 29, 2018, Jielong drew down loans amounting to RMB 29.5 million, RMB 20.7 million and 18.7 million (equivalent to $4.5 million, $3.1 million and $2.8 million), respectively. The loans matured on July 23, 24 and 26, 2018, respectively. The annual interest rate of the loans was 5.02%, 5.02% and 5.13%, respectively. The principal and interest have been repaid. On September 26, 2016, Hubei Henglong entered into a credit facility agreement with China CITIC Bank to obtain credit facilities in the amount of RMB 100.0 million (equivalent to $15.1 million as of June 30, 2018), the “Hubei Henglong CITIC Credit Facility”. The Hubei Henglong CITIC Credit Facility expired on September 26, 2017. Henglong provided a guarantee for the Hubei Henglong CITIC Credit Facility. On March 3, 2017, Hubei Henglong drew down loans amounting to RMB 28.7 million, RMB 28.7 million and 38.2 million (equivalent to $4.3 million, $4.3 million and $5.8 million), respectively. The loans matured on February 2, 8 and 9, 2018, respectively. The annual interest rate of the loans was 4.99%. The principal and interest have been repaid. On October 27, 2017, Henglong entered into a credit facility agreement with China CITIC Bank to obtain credit facilities in the amount of RMB 140.0 million (equivalent to $21.2 million as of June 30, 2018), the “Hubei Henglong CITIC Credit Facility”. The Hubei Henglong CITIC Credit Facility will expire on October 27, 2018. Henglong provided a guarantee for the Hubei Henglong CITIC Credit Facility. Hubei Henglong provided Jiulong with a Standby Letter of Credit under the Credit Facility. On January 26 and 30, 2018, Hubei Henglong drew down loans amounting to RMB 5.9 million and 15.7 million (equivalent to $0.9 million and $2.4 million), respectively. The loans matured on July 24 and 26, 2018, respectively. The annual interest rate of the loans was 5.02% and 5.79%, respectively. The principal and interest have been repaid. (6) On August 17, 2017, the Company received an interest-free Chinese government loan of RMB 20.0 million, equivalent to approximately $3.2 million, which will mature on August 16, 2018. Henglong pledged RMB 20.0 million, equivalent to approximately $3.0 million, of notes receivable as security for the Chinese government loan (See Note 4). (7) On November 13, 2017, the Company received a Chinese government loan of RMB 2.0 million, equivalent to approximately $0.3 million, with an interest rate of 4.75% per annum, which will mature on November 12, 2020. The Company must use the loans for the purpose as prescribed in the loan contracts. If the Company fails to do so, it will be charged penalty interest or trigger early repayment. The Company complied with such financial covenants as of June 30, 2018, and believes it will continue to comply with them.

Accounts and notes payable

Accounts and notes payable	6 Months Ended
	Jun. 30, 2018
Accounts and Notes Payable Disclosure [Abstract]
Accounts and Notes Payable Disclosure [Text Block]	13. Accounts and notes payable The Company’s accounts and notes payable as of June 30, 2018 and December 31, 2017 are summarized as follows (figures are in thousands of USD): June 30, 2018 December 31, 2017 Accounts payable - unrelated parties $ 143,858 $ 149,200 Notes payable - unrelated parties (1) 68,578 83,848 Accounts and notes payable- unrelated parties 212,436 233,048 Accounts payable - related parties 6,913 7,168 Balance at end of period $ 219,349 $ 240,216 (1) Notes payable represent accounts payable in the form of notes issued by the Company. The notes are endorsed by banks to ensure that noteholders will be paid after maturity. The Company has pledged cash deposits, short-term investments, notes receivable and certain property, plant and equipment to secure notes payable granted by banks.

Accrued expenses and other paya

Accrued expenses and other payables	6 Months Ended
	Jun. 30, 2018
Accrued Expenses and Other Payables Disclosure [Abstract]
Accrued Expenses and Other Payables Disclosure [Text Block]	14. Accrued expenses and other payables The Company’s accrued expenses and other payables as of June 30, 2018 and December 31, 2017 are summarized as follows (figures are in thousands of USD): June 30, 2018 December 31, 2017 Accrued expenses $ 6,367 $ 7,944 Accrued interest 140 1,347 Dividends payable to holders of non-controlling interests (1) 538 - Current portion of other long-term payable (See Note 17) 3,401 - Other payables 1,274 1,803 Warranty reserves (2) 29,779 29,033 Total $ 41,499 $ 40,127 (1) In accordance with the resolution of the Board of Directors of Shenyang, in the second quarter of 2018, Shenyang declared a dividend amounting to $1.9 million to its shareholders, of which $0.5 million was payable to the holders of the non-controlling interests. As of June 30, 2018, the dividends have not been paid. (2) The Company provides for the estimated cost of product warranties when the products are sold. Such estimates of product warranties are based on, among other things, historical experience, product changes, material expenses, services and transportation expenses arising from the manufactured products. Estimates will be adjusted on the basis of actual claims and circumstances. For the three months ended June 30, 2018 and 2017, the warranties activities were as follows (figures are in thousands of USD): Three Months Ended June 30, 2018 2017 Balance at beginning of the period $ 30,201 $ 25,738 Additions during the period 5,617 3,680 Settlement within period (4,499 ) (5,189 ) Foreign currency translation gain (1,540 ) (331 ) Balance at end of the period $ 29,779 $ 23,898 For the six months ended June 30, 2018 and 2017, and for the year ended December 31, 2017, the warranties activities were as follows (figures are in thousands of USD): Six Months Ended June 30, Year Ended ‎ December 31, 2018 2017 2017 Balance at beginning of the period $ 29,033 $ 26,225 $ 26,225 Additions during the period 9,865 6,756 23,354 Settlement within period (8,705 ) (8,608 ) (22,034 ) Foreign currency translation (gain)/loss (414 ) (475 ) 1,488 Balance at end of the period $ 29,779 $ 23,898 $ 29,033

Taxes payable

Taxes payable	6 Months Ended
	Jun. 30, 2018
Taxes Payables [Abstract]
Taxes Payable [Text Block]	15. Taxes payable The Company’s taxes payable as of June 30, 2018 and December 31, 2017 are summarized as follows (figures are in thousands of USD): June 30, 2018 December 31, 2017 Value-added tax payable $ 3,183 $ 1,813 Income tax payable 6,544 3,450 Other tax payable 681 664 Long-term taxes payable (1) 29,874 32,719 Total $ 40,282 $ 38,646 (1) A one-time transition tax of $35.6 million was recognized in the fourth quarter of 2017 that represented management’s estimate of the amount of U.S. corporate income tax based on the deemed repatriation to the United States of the Company’s share of previously deferred earnings of certain non-U.S. subsidiaries of the Company mandated by the U.S. Tax Reform. The Company elected to pay the one-time transition tax over eight years commencing in April 2018. As of June 30, 2018 and December 31, 2017, $5.7 million and $2.8 million was included in taxes payable as a current liability which the Company believes will be paid within one year and the remaining balance was included in long-term taxes payable. See Note 24 for more details about the U.S. Tax Reform.

Advances payable

Advances payable	6 Months Ended
	Jun. 30, 2018
Payables and Accruals [Abstract]
Advances Payable [Text Block]	16. Advances payable As of June 30, 2018 and December 31, 2017, advances payable by the Company were $0.7 million and $0.7 million, respectively. The amounts are special subsidies made by the Chinese government to the Company to offset the costs and charges related to the improvement of production capacities and improvement of the quality of products. For the government subsidies with no further conditions to be met, the amounts are recorded as other income when received; for the amounts with certain operating conditions, the government subsidies are recorded as advances payable when received and will be recorded as a deduction of related expenses and cost when the conditions are met. The balances are unsecured, interest-free and will be repayable to the Chinese government if the usage of such advance does not continue to qualify for the subsidy.

Other long-term payable

Other long-term payable	6 Months Ended
	Jun. 30, 2018
Debt Disclosure [Abstract]
Other long term payable [Text Block]	17. Other long-term payable On J , 2018, 4 years . As of June 30, 2018, $3.4 million is recognized as other payable (See Note 14) and $10.8 million is recognized as other long-term payable to the -lessor according to the contract term.

Additional paid-in capital

Additional paid-in capital	6 Months Ended
	Jun. 30, 2018
Additional Paid in Capital [Abstract]
Additional Paid in Capital [Text Block]	18. Additional paid-in capital The Company’s positions in respect of the amounts of additional paid-in capital for the six months ended June 30, 2018 and 2017, and the year ended December 31, 2017 are summarized as follows (figures are in thousands of USD): Six Months Ended June 30, Year Ended ‎ December 31, 2018 2017 2017 Balance at beginning of the period $ 64,406 $ 64,764 $ 64,764 Acquisition of the non-controlling interest in Brazil Henglong (1) - (458 ) (458 ) Share-based compensation (2) - - 100 Balance at end of the period $ 64,406 $ 64,306 $ 64,406 (1) In May 2017, the Company obtained an additional 15.84% equity interest in Brazil Henglong for nil consideration. The Company retained its controlling interest in Brazil Henglong and the acquisition of the non-controlling interest was accounted for as an equity transaction. (2) On August 16, 2017, the Company granted 22,500 stock options to the Company’s independent directors, with the exercise price equal to the closing price of the Company’s common stock traded on NASDAQ one day before the date of grant. The fair value of the stock options was determined at the date of grant using the Black-Scholes option pricing model. The Black-Scholes option model requires management to make various estimates and assumptions, including expected term, expected volatility, risk-free rate and dividend yield. The expected term represents the period of time that stock-based compensation awards granted are expected to be outstanding and is estimated based on considerations including the vesting period, contractual term and anticipated employee exercise patterns. Expected volatility is based on the historical volatility of the Company’s stock. The risk-free rate is based on the U.S. Treasury yield curve in relation to the contractual life of stock-based compensation instruments. The dividend yield assumption is based on historical patterns and future expectations for the Company’s dividends. Assumptions used to estimate the fair value of the stock options on the grant dates are as follows: Issuance Date Expected volatility Risk-free rate Expected term (years) Dividend yield August 16, 2017 54.8 % 1.79 % 5 0.00 % The stock options granted during 2017 were exercisable immediately. on the grant dates using the Black-Scholes option pricing model were $0.1 million. For the year ended December 31, 2017, the Company recognized stock-based compensation expenses of $0.1 million.

Retained earnings

Retained earnings	6 Months Ended
	Jun. 30, 2018
Retained Earnings Note Disclosure [Abstract]
Retained Earnings Disclosure [Text Block]	19. Retained earnings Appropriated Pursuant to the relevant PRC laws, the profits distribution of the Company’s Sino-foreign subsidiaries, which are based on their PRC statutory financial statements, other than the financial statement that was prepared in accordance with generally accepted accounting principles in the United States of America, are available for distribution in the form of cash dividends after these subsidiaries have paid all relevant PRC tax liabilities, provided for losses in previous years, and made appropriations to statutory surplus at 10%. When the statutory surplus reserve reaches 50% of the registered capital of a company, additional reserve is no longer required. However, the reserve cannot be distributed to joint venture partners. Based on the business licenses of the PRC subsidiaries, the registered capital of Henglong, Jiulong, Shenyang, USAI, Jielong, Wuhu, Hubei Henglong and Chongqing are $10.0 million, $4.2 million (equivalent to RMB 35.0 million), $8.1 million (equivalent to RMB 67.5 million), $2.6 million, $6.0 million, $3.8 million (equivalent to RMB 30.0 million), $39.0 million and $9.5 million (equivalent to RMB 60.0 million), respectively. The Company’s activities in respect of the amounts of appropriated retained earnings for the six months ended June 30, 2018 and 2017, and the year ended December 31, 2017 are summarized as follows (figures are in thousands of USD): Six Months Ended June 30, Year Ended ‎ December 31, 2018 2017 2017 Balance at beginning of the period $ 10,707 $ 10,549 $ 10,549 Appropriation of retained earnings 123 124 158 Balance at end of the period $ 10,830 $ 10,673 $ 10,707 Unappropriated The Company’s activities in respect of the amounts of the unappropriated retained earnings for the six months ended June 30, 2018 and 2017, and the year ended December 31, 2017 are summarized as follows (figures are in thousands of USD): Six Months Ended June 30, Year Ended ‎ December 31, 2018 2017 2017 Balance at beginning of the period $ 209,459 $ 228,963 $ 228,963 Net income/(loss) attributable to parent company 5,159 14,635 (19,346 ) Appropriation of retained earnings (123 ) (124 ) (158 ) Balance at end of the period $ 214,495 $ 243,474 $ 209,459

Accumulated other comprehensive

Accumulated other comprehensive income	6 Months Ended
	Jun. 30, 2018
Equity [Abstract]
Other Comprehensive Income, Noncontrolling Interest [Text Block]	20. Accumulated other comprehensive income The Company’s activities in respect of the amounts of accumulated other comprehensive income for the six months ended June 30, 2018 and 2017, and the year ended December 31, 2017 are summarized as follows (figures are in thousands of USD): Six Months Ended June 30, Year Ended ‎ December 31, 2018 2017 2017 Balance at beginning of the period $ 17,780 $ (892 ) $ (892 ) Other comprehensive income related to the non-controlling interests acquired by the Company - (67 ) (67 ) Foreign currency translation adjustment attributable to parent company (4,161 ) 7,194 18,739 Balance at end of the period $ 13,619 $ 6,235 $ 17,780

Non-controlling interests

Non-controlling interests	6 Months Ended
	Jun. 30, 2018
Noncontrolling Interest [Abstract]
Noncontrolling Interest Disclosure [Text Block]	21. Non-controlling interests The Company’s activities in respect of the amounts of the non-controlling interests’ equity for the six months ended June 30, 2018 and 2017, and the year ended December 31, 2017 are summarized as follows (figures are in thousands of USD): Six Months Ended June 30, Year Ended ‎ December 31, 2018 2017 2017 Balance at beginning of the period $ 6,681 $ 5,412 $ 5,412 (Loss)/income attributable to non-controlling interests (131 ) 184 707 Dividends declared to the non-controlling interest holders of joint-venture companies (See Note 14) (538 ) (608 ) (608 ) Acquisition of the non-controlling interest in Brazil Henglong - 458 458 Other comprehensive income related to the non-controlling interests acquired by the Company - 67 67 Foreign currency translation adjustment attributable to non-controlling interests (64 ) 249 645 Balance at end of the period $ 5,948 $ 5,762 $ 6,681

Gain on other sales

Gain on other sales	6 Months Ended
	Jun. 30, 2018
Gain on other sales [Abstract]
Gain on other sales [Text Block]	22. Gain on other sales Gain on other sales mainly consisted of net amount retained from sales of materials, property, plant and equipment, and scraps. For the six months ended June 30, 2018, gain on other sales amounted to $2.5 million as compared to $5.3 million for the six months ended June 30, 2017, representing a decrease of $2.8 million. During the second quarter of 2017, the Company disposed of a building located in Jingzhou and recognized a gain of $2.2 million.

Financial income, net

Financial income, net	6 Months Ended
	Jun. 30, 2018
Financial Income Expenses Disclosure [Abstract]
Financial Income Expenses Disclosure [Text Block]	23. Financial income, net During the six months ended June 30, 2018 and 2017, the Company recorded financial income, net which is summarized as follows (figures are in thousands of USD): Six Months Ended June 30, 2018 2017 Interest income $ 944 $ 1,481 Foreign exchange loss, net (641 ) (242 ) Bank fees (171 ) (357 ) Total financial income, net $ 132 $ 882

Income tax rate

Income tax rate	6 Months Ended
	Jun. 30, 2018
Income Tax Disclosure [Abstract]
Income Tax Disclosure [Text Block]	24. Income tax rate PRC Corporate Income Tax The Company’s subsidiaries registered in the PRC are subject to national and local income taxes within the PRC at the applicable tax rate of 25% on the taxable income as reported in their PRC statutory financial statements in accordance with the relevant income tax laws applicable to foreign invested enterprise, unless preferential tax treatment is granted by local tax authorities. If the enterprise meets certain preferential terms according to the China income tax law, such as assessment as a “High & New Technology Enterprise” by the government, the enterprise will be subject to enterprise income tax at a rate of 15%. Pursuant to the New China Income Tax Law and the Implementing Rules, “New CIT”, which became effective as of January 1, 2008, dividends generated after January 1, 2008 and payable by a foreign-invested enterprise to its foreign investors will be subject to a 10% withholding tax if the foreign investors are considered non-resident enterprises without any establishment or place within China or if the dividends payable have no connection with the establishment or place of the foreign investors within China, unless any such foreign investor’s jurisdiction of incorporation has a tax treaty with China that provides for a different withholding arrangement. Genesis, the Company’s wholly-owned subsidiary and the direct holder of the equity interests in the Company’s subsidiaries in China, is incorporated in Hong Kong. According to the Mainland China and Hong Kong Taxation Arrangement, dividends paid by a foreign-invested enterprise in China to its direct holding company in Hong Kong would be subject to withholding tax at a rate of 10% if Genesis could not obtain the Hong Kong tax resident certificate from the Hong Kong Inland Revenue Department. If Genesis obtains the Hong Kong tax resident certificate, owns directly at least 25% of the shares of the foreign invested enterprise and is qualified as the beneficial owner, it could benefit from a lower rate of 5%. According to PRC tax regulation, the Company should withhold income taxes for the profits distributed from the PRC subsidiaries to Genesis, the subsidiaries’ holding company incorporated in Hong Kong. For the profits that the PRC subsidiaries intended to distribute to Genesis, the Company accrues the withholding income tax as deferred tax liabilities. As of June 30, 2018, the Company has recognized deferred tax liabilities of $4.2 million for the undistributed profits of $42.1 million which are expected to be distributed to Genesis in the future. The Company intended to re-invest the remaining undistributed profits generated from the PRC subsidiaries in those subsidiaries indefinitely. As of June 30, 2018 and December 31, 2017, the Company still had undistributed earnings of approximately $298.9 million and $294.2 million, respectively, from investment in the PRC subsidiaries that are considered indefinitely reinvested. Had the undistributed earnings been distributed to Genesis and not indefinitely reinvested, the tax provision as of June 30, 2018 and December 31, 2017 of approximately $29.9 million and $29.4 million, respectively, would have been recorded. In 2014, Jiulong was awarded the title of “High& New Technology Enterprise”, and based on the PRC income tax law, it was subject to enterprise income tax at a rate of 15% from 2014 to 2016. It passed the reassessment of “High& New Technology Enterprise” in 2017. Therefore, it is subject to enterprise income tax at a rate of 15% from 2017 to 2019. In 2014, Henglong was awarded the title of “High& New Technology Enterprise”, and based on the PRC income tax law, it was subject to enterprise income tax at a rate of 15% from 2014 to 2016. It passed the reassessment of “High& New Technology Enterprise” in 2017. Therefore, it is subject to enterprise income tax at a rate of 15% from 2017 to 2019. In 2014, Hubei Henglong was awarded the title of “High& New Technology Enterprise”, and based on the PRC income tax law, it was subject to enterprise income tax at a rate of 15% from 2014 to 2016. It passed the reassessment of “High& New Technology Enterprise” in 2017. Therefore, it is subject to enterprise income tax at a rate of 15% from 2017 to 2019. In 2014, Wuhu was awarded the title of “High& New Technology Enterprise”, and based on the PRC income tax law, it was subject to enterprise income tax at a rate of 15% from 2014 to 2016. It passed the reassessment of “High& New Technology Enterprise” in 2017. Therefore, it is subject to enterprise income tax at a rate of 15% from 2017 to 2019. In 2015, Shenyang was awarded the title of “High & New Technology Enterprise”, and based on the PRC income tax law, it was subject to enterprise income tax at a rate of 15% from 2015 to 2017. The Company estimated the applied tax rate in 2018 to be 15% as it is probable to pass the re-assessment in 2018 and continue to qualify as “High & New Technology Enterprise”. In 2013, Jielong was awarded the title of “High& New Technology Enterprise” and, based on the PRC income tax law, it is subject to enterprise income tax at a rate of 15% from 2016 to 2018. According to the New CIT, USAI, Wuhan Chuguanjie, Shanghai Henglong, Testing Center and Chongqing Henglong are subject to income tax at a rate of 25%. Brazil Corporate Income Tax Based on Brazilian income tax laws, Brazil Henglong is subject to income tax at a uniform rate of 15%, and a resident legal person is subject to additional tax at a rate of 10% for the part of taxable income over $0.12 million, equivalent to approximately BRL 0.24 million. The Company had no assessable income in Brazil as of June 30, 2018 and December 31, 2017. Hong Kong Corporate Income Tax The profits tax rate of Hong Kong is 16.5%. No provision for Hong Kong tax is made as Genesis is an investment holding company, and had no assessable income in Hong Kong as of June 30, 2018 and December 31, 2017. U.S. Corporate Income Tax The Company is a Delaware corporation that is subject to U.S. corporate income tax on its taxable income at a rate of up to 21% for taxable years beginning after December 31, 2017 and U.S. corporate income tax on its taxable income of up to 35% for prior tax years. Recent U.S. federal tax legislation, commonly referred to as the Tax Cuts and Jobs Act, was signed into law on December 22, 2017. The U.S. Tax Reform significantly modified the U.S. Internal Revenue Code by, among other things, reducing the statutory U.S. federal corporate income tax rate from 35% to 21% for taxable years beginning after December 31, 2017; limiting and/or eliminating many business deductions; migrating the U.S. to a territorial tax system with a one-time transition tax on a mandatory deemed repatriation of previously deferred foreign earnings of certain foreign subsidiaries; subject to certain limitations, generally eliminating U.S. corporate income tax on dividends from foreign subsidiaries; and providing for new taxes on certain foreign earnings. Taxpayers may elect to pay the one-time transition tax over eight years or in a single lump sum. The U.S. Tax Reform also includes provisions for a new tax on Global Intangible Low-Taxed Income, “GILTI”, effective for tax years of foreign corporations beginning after December 31, 2017. The GILTI provisions impose a tax on foreign income in excess of a deemed return on tangible assets of controlled foreign corporations (“CFCs”), subject to the possible use of foreign tax credits and a deduction equal to 50 percent to offset the income tax liability, subject to some limitations. The Company’s management is still evaluating the effect of the U.S. Tax Reform on the Company. Management may update its judgment of that effect based on its continuing evaluation and on future regulations or guidance issued by the U.S. Department of the Treasury, and specific actions the Company may take in the future. To the extent that portions of the Company’s U.S. taxable income, such as Subpart F income or GILTI, are determined to be from sources outside of the U.S., subject to certain limitations, the Company may be able to claim foreign tax credits to offset its U.S. income tax liabilities. If dividends that the Company receives from its subsidiaries are determined to be from sources outside of the U.S., subject to certain limitations, the Company will generally not be required to pay U.S. corporate income tax on those dividends. Any liabilities for U.S. corporate income tax will be accrued in the Company’s consolidated statements of comprehensive income and estimated tax payments will be made when required by U.S. law. One-Time Transition Tax Related to U.S. Tax Reform In the fourth quarter of 2017, the Company recognized a one-time transition tax of $35.6 million that represented management’s estimate of the amount of U.S. corporate income tax based on the deemed repatriation to the United States of the Company’s share of previously deferred earnings of certain non-U.S. subsidiaries of the Company mandated by the U.S. Tax Reform. The Company elected to pay the one-time transition tax over eight years commencing in April 2018. The actual impact of the U.S. Tax Reform on the Company may differ from management’s estimates, and management may update its judgments based on future regulations or guidance issued by the U.S. Department of the Treasury, and specific actions the Company may take in the future. The Company’s effective tax rate was 15.8% and 14.9% for the three months and six months ended June 30, 2018, respectively, compared with 19.6% and 18.5% for the three months and six months ended June 30, 2017, respectively.

Income per share

Income per share	6 Months Ended
	Jun. 30, 2018
Earnings Per Share [Abstract]
Earnings Per Share [Text Block]	25. Income per share Basic income per share is computed using the weighted average number of ordinary shares outstanding during the period. Diluted income per share is computed using the weighted average number of ordinary shares and dilutive ordinary share equivalents outstanding during the period. The dilutive effect of outstanding stock options is determined based on the treasury stock method. The calculation of basic and diluted income per share attributable to the parent company for the three months ended June 30, 2018 and 2017, was (figures are in thousands of USD, except share and per share amounts): Three Months Ended June 30, 2018 2017 Numerator: Net income attributable to the parent company’s common shareholders – Basic and Diluted $ 847 $ 8,921 Denominator: Weighted average shares outstanding 31,644,004 31,644,004 Dilutive effects of stock options 3,301 5,318 Denominator for dilutive income per share – Diluted 31,647,305 31,649,322 Net income per share attributable to parent company’s common shareholders – Basic $ 0.03 $ 0.28 Net income per share attributable to parent company’s common shareholders – Diluted $ 0.03 $ 0.28 The calculation of basic and diluted income per share attributable to the parent company for the six months ended June 30, 2018 and 2017, was (figures are in thousands of USD, except share and per share amounts): Six Months Ended June 30, 2018 2017 Numerator: Net income attributable to the parent company’s common shareholders – Basic and Diluted $ 5,159 $ 14,635 Denominator: Weighted average shares outstanding 31,644,004 31,644,004 Dilutive effects of stock options 1,651 5,611 Denominator for dilutive income per share – Diluted 31,645,655 31,649,615 Net income per share attributable to parent company’s common shareholders – Basic $ 0.16 $ 0.46 Net income per share attributable to parent company’s common shareholders – Diluted $ 0.16 $ 0.46 As of June 30, 2018 and 2017, the exercise prices for 112,500 shares and 90,000 shares, respectively, of outstanding stock options were above the weighted average market price of the Company’s common stock during the six months ended June 30, 2018 and 2017, respectively, and these stock options were excluded from the calculation of the diluted income per share for the corresponding periods presented.

Significant concentrations

Significant concentrations	6 Months Ended
	Jun. 30, 2018
Risks and Uncertainties [Abstract]
Concentration Risk Disclosure [Text Block]	26. Significant concentrations A significant portion of the Company’s business is conducted in China where the currency is the RMB. Regulations in China permit foreign owned entities to freely convert the RMB into foreign currency for transactions that fall under the "current account," which includes trade related receipts and payments, interest and dividends. Accordingly, the Company’s Chinese subsidiaries may use RMB to purchase foreign exchange for settlement of such "current account" transactions without pre-approval. However, pursuant to applicable regulations, foreign-invested enterprises in China may pay dividends only out of their accumulated profits, if any, determined in accordance with the PRC law. In calculating accumulated profits, foreign investment enterprises in China are required to allocate at least 10% of their annual net income each year, if any, to fund certain reserve funds, including mandated employee benefits funds, unless these reserves have reached 50% of the registered capital of the enterprises. Transactions other than those that fall under the "current account" and that involve conversion of RMB into foreign currency are classified as "capital account" transactions; examples of "capital account" transactions include repatriations of investment by or loans to foreign owners, or direct equity investments in a foreign entity by a China domiciled entity. "Capital account" transactions require prior approval from China's State Administration of Foreign Exchange, or SAFE, or its provincial branch to convert a remittance into a foreign currency, such as USD, and transmit the foreign currency outside of China. This system could be changed at any time and any such change may affect the ability of the Company or its subsidiaries in China to repatriate capital or profits, if any, outside China. Furthermore, SAFE has a significant degree of administrative discretion in implementing the laws and has used this discretion to limit convertibility of current account payments out of China. Whether as a result of a deterioration in the Chinese balance of payments, a shift in the Chinese macroeconomic prospects or any number of other reasons, China could impose additional restrictions on capital remittances abroad. As a result of these and other restrictions under the laws and regulations of the PRC, the Company’s PRC subsidiaries are restricted in their ability to transfer a portion of their net assets to the parent. The Company has no assurance that the relevant Chinese governmental authorities in the future will not limit further or eliminate the ability of the Company’s PRC subsidiaries to purchase foreign currencies and transfer such funds to the Company to meet its liquidity or other business needs. Any inability to access funds in China, if and when needed for use by the Company outside of China, could have a material and adverse effect on the Company’s liquidity and its business. The Company grants credit to its customers including Xiamen Joylon, Xiamen Automotive Parts, Shanghai Fenglong and Jingzhou Yude, which are related parties of the Company. The Company’s customers are mostly located in the PRC. During the six months ended June 30, 2018, the Company’s five largest customers accounted for 40.2% of its consolidated net product sales, with one customer individually accounting for more than 10% of consolidated net sales, i.e., 17.6%. As of June 30, 2018, approximately 5.5% of accounts receivable were from trade transactions with the aforementioned customer and there was no individual customer with a receivables balance of more than 10% of total accounts receivable. During the six months ended June 30, 2017, the Company’s five largest customers accounted for 37.0% of its consolidated net product sales, with one customer individually accounting for more than 10% of consolidated net sales, i.e., 13.2%. As of June 30, 2017, approximately 4.3% of accounts receivable were from trade transactions with the aforementioned customer and there was no individual customer with a receivables balance of more than 10% of total accounts receivable.

Related party transactions and

Related party transactions and balances	6 Months Ended
	Jun. 30, 2018
Related Party Transactions [Abstract]
Related Party Transactions Disclosure [Text Block]	27. Related party transactions and balances Related party transactions are as follows (figures are in thousands of USD): Related sales Three Months Ended June 30, 2018 2017 Merchandise sold to related parties $ 10,856 $ 8,583 Rental income obtained from related parties 45 32 Materials and others sold to related parties 498 510 Total $ 11,399 $ 9,125 Six Months Ended June 30, 2018 2017 Merchandise sold to related parties $ 21,702 $ 18,120 Rental income obtained from related parties 147 46 Materials and others sold to related parties 944 811 Total $ 22,793 $ 18,977 Related purchases Three Months Ended June 30, 2018 2017 Materials purchased from related parties $ 7,428 $ 6,283 Equipment purchased from related parties 2,037 1,412 Others purchased from related parties 208 93 Total $ 9,673 $ 7,788 Six Months Ended June 30, 2018 2017 Materials purchased from related parties $ 15,677 $ 13,645 Equipment purchased from related parties 3,285 4,424 Others purchased from related parties 257 216 Total $ 19,219 $ 18,285 Loan transaction to a related party Six Months Ended June 30, 2018 2017 Related party loan $ - $ 29,182 Related receivables June 30, 2018 December 31, 2017 Accounts and notes receivable from related parties $ 20,826 $ 19,086 Related advances and loan balance June 30, 2018 December 31, 2017 Advance payments for property, plant and equipment to related parties $ 6,672 $ 5,264 Advance payments and others to related parties 1,009 20,841 Total $ 7,681 $ 26,105 Related payables June 30, 2018 December 31, 2017 Accounts and notes payable $ 6,913 $ 7,168 These transactions were consummated under similar terms as those with the Company's third party customers and suppliers.

Commitments and contingencies

Commitments and contingencies	6 Months Ended
	Jun. 30, 2018
Commitments and Contingencies Disclosure [Abstract]
Commitments and Contingencies Disclosure [Text Block]	28. Commitments and contingencies Legal proceedings The Company is not a party to any pending or, to the best of the Company’s knowledge, any threatened legal proceedings. In addition, no director, officer or affiliate of the Company, or owner of record of more than five percent of the securities of the Company, or any associate of any such director, officer or security holder is a party adverse to the Company or has a material interest adverse to the Company in reference to pending litigation. Other commitments and contingencies In addition to the bank loans, notes payables and the related interest, the following table summarizes the Company’s major commitments and contingencies as of June 30, 2018 (figures are in thousands of USD): Payment obligations by period 2018 (1) 2019 2020 2021 Thereafter Total Obligations for investment contracts (1) $ 5,441 $ 3,446 $ 2,297 $ - $ - $ 11,184 Obligations for purchasing and service agreements 23,177 10,599 - - - 33,776 Total $ 28,618 $ 14,045 $ 2,297 $ - $ - $ 44,960 (1) In May 2016, Hubei Henglong entered into an agreement with other parties to establish a venture capital fund, the “Chongqing Venture Fund”. Hubei Henglong has committed to make investments of RMB 120.0 million, equivalent to approximately $18.1 million, in the Chongqing Venture Fund in three installments. As of June 30, 2018, Hubei Henglong has completed a capital contribution of RMB 84.0 million, equivalent to approximately $12.7 million, representing 35.0% of the Chongqing Venture Fund’s shares. According to the agreement, the remaining capital commitment of RMB 36.0 million, equivalent to approximately $5.4 million, will be paid upon capital calls received from the Chongqing Venture Fund. In March 2018, Hubei Henglong entered into an agreement with other parties to establish a venture capital fund, the “Hubei Venture Fund”. Hubei Henglong has committed to make an investment of RMB 76.0 million, equivalent to approximately $12.1 million, in the Hubei Venture Fund in three installments, representing 38% of the Hubei Venture Fund’s shares. As of June 30, 2018, Hubei Henglong has completed a capital contribution of RMB 38.0 million, equivalent to approximately $5.7 million. According to the agreement, the remaining capital commitment of RMB 38.0 million, equivalent to approximately $5.7 million, will be paid upon capital calls received from the Hubei Venture Fund.

Off-balance sheet arrangements

Off-balance sheet arrangements	6 Months Ended
	Jun. 30, 2018
Off Balance Sheet Arrangements Disclosure [Abstract]
Off Balance Sheet Arrangements Disclosure [Text Block]	29. Off-balance sheet arrangements As of June 30, 2018 and December 31, 2017, the Company did not have any significant transactions, obligations or relationships that could be considered off-balance sheet arrangements.

Segment reporting

Segment reporting	6 Months Ended
	Jun. 30, 2018
Segment Reporting [Abstract]
Segment Reporting Disclosure [Text Block]	30. Segment reporting The accounting policies of the product sectors are the same as those described in the summary of significant accounting policies except that the disaggregated financial results for the product sectors have been prepared using a management approach, which is consistent with the basis and manner in which management internally disaggregates financial information for the purposes of assisting them in making internal operating decisions. Generally, the Company evaluates performance based on stand-alone product sector operating income and accounts for inter segment sales and transfers as if the sales or transfers were to third parties, at current market prices. As of June 30, 2018, the Company had 12 product sectors, five of which were principal profit makers and were reported as separate sectors and engaged in the production and sales of power steering (Henglong, Jiulong, Shenyang, Wuhu and Hubei Henglong), and one holding company (Genesis). The other seven sectors were engaged in the production and sale of sensor modular (USAI), automobile steering columns (Jielong), provision of after sales and R&D services (HLUSA), production and sale of power steering (Chongqing Henglong), trade (Brazil Henglong), manufacture and sales of automobile electronic systems and parts (Wuhan Chuguanjie) and research and development of intelligent automotive technology (Jingzhou Qingyan). Since the revenues, net income and net assets of these seven sectors collectively are less than 10% of consolidated revenues, net income and net assets, respectively, in the condensed unaudited consolidated financial statements, the Company incorporated these six sectors into “Other Sectors.” As of June 30, 2017, the Company had 11 product sectors, five of which were principal profit makers and were reported as separate sectors and engaged in the production and sales of power steering (Henglong, Jiulong, Shenyang, Wuhu and Hubei Henglong), and one holding company (Genesis). The other six sectors were engaged in the production and sale of sensor modular (USAI), automobile steering columns (Jielong), provision of after sales and R&D services (HLUSA), production and sale of power steering (Chongqing Henglong), trade (Brazil Henglong), and manufacture and sales of automobile electronic systems and parts (Wuhan Chuguanjie). Since the revenues, net income and net assets of these six sectors collectively are less than 10% of consolidated revenues, net income and net assets, respectively, in the condensed unaudited consolidated financial statements, the Company incorporated these six sectors into “Other Sectors.” The Company’s product sector information for the three months and six months ended June 30, 2018 and 2017, is as follows (figures are in thousands of USD): Net Product Sales Net Income (Loss) Three Months Ended Three Months Ended June 30 June 30 2018 2017 2018 2017 Henglong $ 60,301 $ 64,478 $ (1,530 ) $ 2,295 Jiulong 30,962 27,161 956 2,186 Shenyang 8,866 10,665 534 323 Wuhu 5,565 5,644 (483 ) 167 Hubei Henglong 28,717 23,896 3,273 2,249 Other Sectors 21,153 13,150 1,488 (43 ) Total Segments 155,564 144,994 4,238 7,177 Corporate - - (1,582 ) 3,211 Eliminations (29,782 ) (27,334 ) (1,660 ) (1,507 ) Total $ 125,782 $ 117,660 $ 996 $ 8,881 Net Product Sales Net Income (Loss) Six Months Ended Six Months Ended June 30 June 30 2018 2017 2018 2017 Henglong $ 129,197 $ 135,312 $ (1,842 ) $ 5,614 Jiulong 58,407 49,447 1,411 3,576 Shenyang 15,214 18,669 (84 ) 785 Wuhu 10,201 11,752 (880 ) 97 Hubei Henglong 62,110 42,029 6,362 2,487 Other Sectors 39,051 25,861 2,282 599 Total Segments 314,180 283,070 7,249 13,158 Corporate - 　 - (1,018 ) 3,043 Eliminations (54,380 ) (46,102 ) (1,203 ) (1,382 ) Total $ 259,800 $ 236,968 $ 5,028 $ 14,819

Basis of presentation and sig38

Basis of presentation and significant accounting policies (Policies)	6 Months Ended
	Jun. 30, 2018
Accounting Policies [Abstract]
Basis of Accounting, Policy [Policy Text Block]	(a) Basis of Presentation Basis of Presentation – The accompanying condensed unaudited consolidated financial statements include the accounts of the Company and its subsidiaries. The details of subsidiaries are disclosed in Note 1. Significant inter-company balances and transactions have been eliminated upon consolidation. The condensed unaudited consolidated financial statements have been prepared in accordance with generally accepted accounting principles in the United States of America (“U.S. GAAP”) for interim financial information and with the instructions in Article 10 of Regulation S-X. Accordingly they do not include all of the information and footnotes required by such accounting principles for complete financial statements. These financial statements should be read in conjunction with the consolidated financial statements and related footnotes included in the Company’s Annual Report on Form 10-K for the year ended December 31, 2017. The accompanying interim condensed consolidated financial statements are unaudited, but in the opinion of the Company’s management, contain all necessary adjustments, which include normal recurring adjustments, for a fair statement of the results of operations, financial position and cash flows for the interim periods presented. The condensed consolidated balance sheet as of December 31, 2017 is derived from the Company’s audited financial statements at that date but does not include all of the information and footnotes required by U.S. GAAP for complete financial statements. Certain information and footnote disclosures normally included in financial statements that have been prepared in accordance with U.S. GAAP have been condensed or omitted pursuant to the rules and regulations of the Securities and Exchange Commission, although the Company’s management believes that the disclosures contained in these financial statements are adequate to make the information presented herein not misleading. For further information, please refer to the financial statements and the notes thereto included in the Company’s 2017 Annual Report on Form 10-K, as filed with the Securities and Exchange Commission. The results of operations for the three months and six months ended June 30, 2018 are not necessarily indicative of the results of operations to be expected for the full fiscal year ending December 31, 2018. Estimation - The preparation of financial statements in conformity with U.S. GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities, disclosure of contingent assets and liabilities at the dates of the financial statements, and the reported amounts of revenues and expenses during the reporting periods. Actual results could differ from those estimates. Foreign Currencies - China Automotive, the parent company, and HLUSA maintain their books and records in United States Dollars, “USD,” their functional currency. The Company’s subsidiaries based in the PRC and Genesis maintain their books and records in Renminbi, “RMB,” their functional currency. The Company’s subsidiary based in Brazil maintains its books and records in Brazilian reais, “BRL,” its functional currency. In accordance with ASC Topic 830, “FASB Accounting Standards Codification”, foreign currency transactions denominated in currencies other than the functional currency are remeasured into the functional currency at the rate of exchange prevailing at the balance sheet date for monetary items. Nonmonetary items are remeasured at historical rates. Income and expenses are remeasured at the rate in effect on the transaction dates. Transaction gains and losses, if any, are included in the determination of net income for the period.
New Accounting Pronouncements, Policy [Policy Text Block]	(b) Recent Accounting Pronouncements In February 2016, the FASB issued Accounting Standards Update (“ASU”) 2016-02, Leases. Under the new guidance, lessees will be required to recognize a lease liability and a lease asset for all leases, including operating leases, with a term greater than 12 months on its balance sheet. The update also expands the required quantitative and qualitative disclosures surrounding leases. This update is effective for fiscal years beginning after December 15, 2018 and interim periods within those fiscal years, with earlier application permitted. In July 2018, the FASB issued ASU 2018-11, Leases (Topic 842) Target Improvements. The amendments in this Update provide entities with an additional (and optional) transition method to adopt the new leases standard. Under this new transition method, an entity initially applies the new leases standard at the adoption date and recognizes a cumulative-effect adjustment to the opening balance of retained earnings in the period of adoption consistent with preparers’ requests. Consequently, an entity’s reporting for the comparative periods presented in the financial statements in which it adopts the new leases standard will continue to be in accordance with current GAAP (Topic 840, Leases). An entity that elects this additional (and optional) transition method must provide the required Topic 840 disclosures for all periods that continue to be in accordance with Topic 840. The amendments do not change the existing disclosure requirements in Topic 840 (for example, they do not create interim disclosure requirements that entities previously were not required to provide). For entities that have not adopted Topic 842 before the issuance of this Update, the effective date and transition requirements for the amendments in this Update related to separating components of a contract are the same as the effective date and transition requirements in Update 2016-02. The Company is in the process of evaluating the impact of adopting these guidance. In August 2016, the FASB issued ASU 2016-15, Statement of Cash Flows (Topic 230), Classification of Certain Cash Receipts and Cash Payments. ASU 2016-15 refines how companies classify certain aspects of the cash flow statement in regards to debt prepayment, settlement of debt instruments, contingent consideration payments, proceeds from insurance claims and life insurance policies, distribution from equity method investees, beneficial interests in securitization transactions and separately identifiable cash flows. ASU 2016-15 is effective for fiscal years beginning after December 15, 2017, and interim periods within fiscal years beginning after December 15, 2018. The adoption of this guidance does not have a material effect on the Company's consolidated financial statements. In October 2016, the FASB issued ASU 2016-16, Income Taxes (Topic 740) - Intra-Entity Transfers of Assets Other Than Inventory, to improve the accounting for the income tax consequences of intra-entity transfers of assets other than inventory. The FASB decided that an entity should recognize the income tax consequences of an intra-entity transfer of an asset other than inventory when the transfer occurs. Consequently, the amendments in this Update eliminate the exception for an intra-entity transfer of an asset other than inventory. Two common examples of assets included in the scope of this Update are intellectual property and property, plant, and equipment. The Update does not change GAAP for an intra-entity transfer of inventory. The amendments in this Update do not include new disclosure requirements; however, existing disclosure requirements might be applicable when accounting for the current and deferred income taxes for an intra-entity transfer of an asset other than inventory. For public business entities, the amendments in this Update are effective for annual reporting periods beginning after December 15, 2017, including interim reporting periods within those annual reporting periods. Early adoption is permitted for all entities as of the beginning of an annual reporting period for which financial statements (interim or annual) have not been issued or made available for issuance. The amendments in this Update should be applied on a modified retrospective basis through a cumulative-effect adjustment directly to retained earnings as of the beginning of the period of adoption. The adoption of this guidance does not have a material effect on the Company's consolidated financial statements. In January 2017, the FASB issued ASU 2017-01: Business Combinations (Topic 805): Clarifying the Definition of a Business. The amendments in this Update provide a screen to determine when a set is not a business. The screen requires that when substantially all of the fair value of the gross assets acquired (or disposed of) is concentrated in a single identifiable asset or a group of similar identifiable assets, the set is not a business. This screen reduces the number of transactions that need to be further evaluated. If the screen is not met, the amendments in this Update (1) require that to be considered a business, a set must include, at a minimum, an input and a substantive process that together significantly contribute to the ability to create output and (2) remove the evaluation of whether a market participant could replace missing elements. The amendments provide a framework to assist entities in evaluating whether both an input and a substantive process are present. The framework includes two sets of criteria to consider that depend on whether a set has outputs. Although outputs are not required for a set to be a business, outputs generally are a key element of a business; therefore, the FASB has developed more stringent criteria for sets without outputs. Lastly, the amendments in this Update narrow the definition of the term output so that the term is consistent with how outputs are described in Topic 606. Public business entities should apply the amendments in this Update to annual periods beginning after December 15, 2017, including interim periods within those periods. Early application of the amendments in this Update is allowed. The amendments in this Update should be applied prospectively on or after the effective date. No disclosures are required at transition. The adoption of this guidance does not have a material effect on the Company's consolidated financial statements. In May 2017, the FASB issued guidance within ASU 2017-09: Scope of Modification Accounting. The amendments in ASU 2017-09 to Topic 718, Compensation - Stock Compensation, provide guidance about which changes to the terms or conditions of a share-based payment award require an entity to apply modification accounting. An entity should account for the effects of a modification unless all of the following conditions are met: the fair value of the modified award is the same as the fair value of the original award immediately before the original award is modified; the vesting conditions of the modified award are the same as the vesting conditions of the original award immediately before the original award is modified; and the classification of the modified award as an equity instrument or a liability instrument is the same as the classification of the original award immediately before the original award is modified. The amendments should be applied prospectively to an award modified on or after the adoption date. The amendments are effective for annual periods, and interim periods within those annual periods, beginning after December 31, 2017. The adoption of this guidance does not have a material effect on the Company's consolidated financial statements. In February 2018, the FASB issued ASU 2018-02, Income Statement - Reporting Comprehensive Income (Topic 220): Reclassification of Certain Tax Effects from Accumulated Other Comprehensive Income, to address specific consequences of the recent U.S. federal tax legislation commonly referred to as the Tax Cuts and Jobs Act (the “U.S. Tax Reform”). The update allows a reclassification from accumulated other comprehensive income to retained earnings for stranded tax effects resulting from the U.S. Tax Reform. The accounting update is effective January 1, 2019, with early adoption permitted, and is to be applied either in the period of adoption or retrospectively to each period in which the effect of the change in the U.S. federal corporate income tax rate in the U.S. Tax Reform is recognized. The Company is currently evaluating the impact of the new standard on the Company's consolidated financial statements. Statements of Cash Flows (Topic 230): Restricted Cash. In November 2016, the FASB issued ASU 2016-18, Statements of Cash Flows (Topic 230): Restricted Cash. The guidance requires that a statement of cash flows explain the changes during the period in the total of cash, cash equivalents, and amounts generally described as restricted cash or restricted cash equivalents. Amounts generally described as restricted cash and restricted cash equivalents should be included with cash and cash equivalents when reconciling the beginning-of-period and end-of-period total amounts shown on the statements of cash flows. The standard is effective for fiscal years beginning after December 15, 2017, and interim periods within those fiscal years. The standard should be applied to each period presented using a retrospective transition method. The adoption of this standard does not have a material impact on the Company’s consolidated financial statements, but resulted in pledged cash being included with cash, cash equivalents and pledged cash when reconciling the beginning-of-period and end-of-period total amounts shown on the statements of cash flows.
Significant Accounting Policies [Policy Text Block]	(c) Significant Accounting Policies Net Product Sales - On January 1, 2018, the Company adopted ASC Topic 606 “Revenue from Contracts with Customers”, and all related amendments, using the modified retrospective method applied to those contracts that were not completed as of January 1, 2018. Results for reporting periods beginning after January 1, 2018 are presented under Topic 606, while prior period amounts are not adjusted and continue to be reported in accordance with our historical accounting practices under ASC Topic 605 “Revenue Recognition”. Management has determined that the impact of the transition to the new standard is immaterial to the Company’s revenue recognition model since the vast majority of our revenue recognition is based on point in time transfer of control. Accordingly, the Company has not made any adjustment to opening retained earnings. Products sales to customers are made pursuant to master agreements entered into between the Company and its customers that provide for transfer of both title and risk of loss upon the Company’s delivery to the location specified in the contracts. The Company’s sales arrangements generally do not contain variable considerations and are short-term in nature. A period of credit term is granted to the customers after the delivery and before making payment. The Company recognizes revenue at a point in time based on management’s evaluation of when the customer obtains control of the products. Revenue is recognized when all performance obligations under the terms of a contract with the customer are satisfied and control of the product has been transferred to the customer. Sales of goods typically do not include multiple product and/or service elements. Revenue is measured as the amount of consideration management expects the Company to receive in exchange for transferring goods pursuant to the contracts. Value-added tax that the Company collects concurrent with revenue-producing activities is excluded from revenue. Incidental contract costs that are not material in the context of the delivery of goods and services are recognized as expense. At the time revenue is recognized, allowances are recorded, with the related reduction to revenue, for estimated price discounts based upon historical experience and related terms of customer arrangements. Where the Company has offered product warranties, the Company also establishes liabilities for estimated warranty costs based upon historical experience and specific warranty provisions. Warranty liabilities are adjusted when experience indicates the expected outcome will differ from initial estimates of the liability. The Company treats shipping and handling fees as a fulfillment cost since control of the products is usually transferred to the customer after the delivery. Revenue Disaggregation Management has concluded that the disaggregation level is the same under both the revenue standard and the segment reporting standard. Revenue under the segment reporting standard is measured on the same basis as under the revenue standard, so management did not repeat the disaggregation of revenue under both standards. Contract Assets and Liabilities Contract assets, such as costs to obtain or fulfill contracts, are an insignificant component of the Company’s revenue recognition process. The majority of the Company’s cost of fulfillment as a manufacturer of products is classified as inventory, fixed assets and intangible assets, which are accounted for under the respective guidance for those asset types. Other costs of contract fulfillment are immaterial due to the nature of our products and their respective manufacturing processes. Contract liabilities are mainly customer deposits. Customer Deposits As of June 30, 2018 and December 31, 2017, the Company has customer deposits of $0.8 million and $1.1 million the six months ended June 30, 2018 $2.0 million was recognized as net product sales revenue. Customer deposits represent non-refundable cash deposits for customers to secure rights to an amount of products produced by the Company under supply agreements. When the products are shipped to customers, the Company will recognize revenue and bill the customers to reduce the amount of the customer deposit liability. Practical Expedient and Exemptions The Company does not disclose the value of unsatisfied performance obligations for contracts with an original expected length of one year or less. The Company does not adjust the promised amount of consideration for the effects of a significant financing component since the Company expects, at contract inception, that the period between when the Company transfers promised goods to the customers and when the customers pay for the goods will be within one year. Except for the adoption of ASC Topic 606, there have been no updates to the significant accounting policies set forth in the notes to the consolidated financial statements for the year ended December 31, 2017.

Organization and business (Tabl

Organization and business (Tables)	6 Months Ended
	Jun. 30, 2018
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Schedule of Equity Method Investments [Table Text Block]	The Company owns the following aggregate net interests in the following Sino-foreign joint ventures, wholly-owned subsidiaries and joint ventures organized in the People's Republic of China, the “PRC,” and Brazil as of June 30, 2018 and December 31, 2017. Percentage Interest Name of Entity June 30, ‎ 2018 December 31, ‎ 2017 Shashi Jiulong Power Steering Gears Co., Ltd., “Jiulong” 1 100.00 % 100.00 % Jingzhou Henglong Automotive Parts Co., Ltd., “Henglong” 2 100.00 % 100.00 % Shenyang Jinbei Henglong Automotive Steering System Co., Ltd., “Shenyang” 3 70.00 % 70.00 % Universal Sensor Application Inc., “USAI” 4 83.34 % 83.34 % Wuhan Jielong Electric Power Steering Co., Ltd., “Jielong” 5 85.00 % 85.00 % Wuhu Henglong Automotive Steering System Co., Ltd., “Wuhu” 6 77.33 % 77.33 % Hubei Henglong Automotive System Group Co., Ltd., “Hubei Henglong” 7 100.00 % 100.00 % Jingzhou Henglong Automotive Technology (Testing) Center, “Testing Center” 8 100.00 % 100.00 % Chongqing Henglong Hongyan Automotive System Co., Ltd., “Chongqing Henglong” 9 70.00 % 70.00 % CAAS Brazil’s Imports and Trade In Automotive Parts Ltd., “Brazil Henglong” 10 95.84 % 95.84 % Wuhan Chuguanjie Automotive Science and Technology Ltd., “Wuhan Chuguanjie” 11 85.00 % 85.00 % Hubei Henglong Group Shanghai Automotive Electronics Research and Development Ltd., “Shanghai Henglong” 12 100.00 % 100.00 % Jingzhou Qingyan Intelligent Automotive Technology Institute Co., Ltd., “Jingzhou Qingyan” 13 60.00 % 60.00 % 1. Jiulong was established in 1993 and mainly engages in the production of integral power steering gears for heavy-duty vehicles. 2. Henglong was established in 1997 and mainly engages in the production of rack and pinion power steering gears for cars and light duty vehicles. 3. Shenyang was established in 2002 and focuses on power steering parts for light duty vehicles. 4. USAI was established in 2005 and mainly engages in the production and sales of sensor modules. 5. Jielong was established in 2006 and mainly engages in the production and sales of automotive steering columns. 6. Wuhu was established in 2006 and mainly engages in the production and sales of automobile steering systems. 7. On March 7, 2007, Genesis established Hubei Henglong, formerly known as Jingzhou Hengsheng Automotive System Co., Ltd., its wholly-owned subsidiary, to engage in the production and sales of automotive steering systems. On July 8, 2012, Hubei Henglong changed its name to Hubei Henglong Automotive System Group Co., Ltd. 8. In December 2009, Henglong, a subsidiary of Genesis, formed Testing Center, which mainly engages in the research and development of new products. 9. On February 21, 2012, Hubei Henglong and SAIC-IVECO Hongyan Company, “SAIC-IVECO,” established a Sino-foreign joint venture company, Chongqing Henglong, to design, develop and manufacture both hydraulic and electric power steering systems and parts. 10. On August 21, 2012, Brazil Henglong was established as a Sino-foreign joint venture company by Hubei Henglong and two Brazilian citizens, Ozias Gaia Da Silva and Ademir Dal’ Evedove. Brazil Henglong engages mainly in the import and sales of automotive parts in Brazil. In May 2017, the Company obtained an additional 15.84% equity interest in Brazil Henglong for nil consideration. The Company retained its controlling interest in Brazil Henglong and the acquisition of the non-controlling interest was accounted for as an equity transaction. 11. In May 2014, together with Hubei Wanlong, Jielong formed a subsidiary, Wuhan Chuguanjie Automotive Science and Technology Ltd., “Wuhan Chuguanjie”, which mainly engages in research and development, manufacture and sales of automobile electronic systems and parts. Wuhan Chuguanjie is located in Wuhan, China. 12. In January 2015, Hubei Henglong formed Hubei Henglong Group Shanghai Automotive Electronics Research and Development Ltd., “Shanghai Henglong”, which mainly engages in the design and sales of automotive electronics. 13. In November 2017,

Short-term investments (Tables)

Short-term investments (Tables)	6 Months Ended
	Jun. 30, 2018
Short-term Investments [Abstract]
Schedule Of Short Term Investment [Table Text Block]	The Company’s short-term investments as of June 30, 2018 and December 31, 2017 are summarized as follows (figures are in thousands of USD): June 30, 2018 December 31, 2017 Time deposits $ 10,428 $ 12,019 Wealth management financial products measured at fair value 16,474 17,568 Total $ 26,902 $ 29,587

Accounts and notes receivable41

Accounts and notes receivable, net (Tables)	6 Months Ended
	Jun. 30, 2018
Accounts and Notes Receivable Disclosure [Abstract]
Schedule of Accounts, Notes, Loans and Financing Receivable [Table Text Block]	The Company’s accounts and notes receivable as of June 30, 2018 and December 31, 2017 are summarized as follows (figures are in thousands of USD): June 30, 2018 December 31, 2017 Accounts receivable - unrelated parties $ 153,325 $ 166,889 Notes receivable - unrelated parties (1) (2) 110,728 109,183 Total accounts and notes receivable- unrelated parties 264,053 276,072 Less: allowance for doubtful accounts - unrelated parties (3) (1,320 ) (1,083 ) Accounts and notes receivable, net - unrelated parties 262,733 274,989 Accounts and notes receivable, net - related parties 20,826 19,086 Accounts and notes receivable, net $ 283,559 $ 294,075 (1) Notes receivable represent accounts receivable in the form of bills of exchange for which acceptances are guaranteed and settlements are handled by banks. (2) As of June 30, 2018 and December 31, 2017, the Company pledged its notes receivable in an amount of approximately $39.2 million and $39.6 million, respectively, as security for its comprehensive credit facilities or loans. (3) Provision for doubtful accounts and notes receivable amounted to $0.3 million and $0.1 million for the six months ended June 30, 2018 and 2017, respectively.

Advance payments and others (Ta

Advance payments and others (Tables)	6 Months Ended
	Jun. 30, 2018
Receivables [Abstract]
Schedule Of Advance Payments And Others Disclosure [Table Text Block]	The Company’s advance payments and others as of June 30, 2018 and December 31, 2017 consisted of the following (figures are in thousands of USD): June 30, 2018 December 31, 2017 Advance payments and others - unrelated parties $ 13,462 $ 13,801 Less: allowance for doubtful accounts – unrelated parties (998 ) (1,011 ) Advance payments and others, net – unrelated parties 12,464 12,790 Advance payments and others - related parties (1) 1,006 20,841 Total advance payments and others $ 13,470 $ 33,631 (1) On March 16, 2017, in order to generate higher returns for the Company’s idle cash, one of the Company's subsidiaries, Hubei Henglong, lent RMB 200.0 million to Henglong Real Estate, one of the Company's related parties, through an independent financial institution by way of an entrusted loan. The term of the loan is one year and the annual interest rate is 6.35%. Henglong Real Estate repaid RMB 70 million and RMB 130 million to Hubei Henglong in the fourth quarter of 2017 and in the first quarter of 2018, respectively. As of June 30, 2018 and December 31, 2017, the outstanding loan balance was nil and RMB 130 million (equivalent to $19.9 million) respectively.

Inventories (Tables)

Inventories (Tables)	6 Months Ended
	Jun. 30, 2018
Inventory Disclosure [Abstract]
Schedule Of Inventory, Current [Table Text Block]	The Company’s inventories as of June 30, 2018 and December 31, 2017 consisted of the following (figures are in thousands of USD): June 30, 2018 December 31, 2017 Raw materials $ 22,979 $ 20,033 Work in process 17,719 17,951 Finished goods 49,896 41,233 Total $ 90,594 $ 79,217

Other receivables, net (Tables)

Other receivables, net (Tables)	6 Months Ended
	Jun. 30, 2018
Other Receivables Disclosure [Abstract]
Schedule Of Other Receivables [Table Text Block]	The Company’s other receivables as of June 30, 2018 and December 31, 2017 are summarized as follows (figures are in thousands of USD): June 30, 2018 December 31,2017 Other receivables - unrelated parties (1) $ 584 $ 1,109 Other receivables - employee housing loans (2) 464 1,187 Less: allowance for doubtful accounts - unrelated parties (103 ) (108 ) Other receivables, net - unrelated parties $ 945 $ 2,188 June 30, 2018 December 31, 2017 Other receivables - related parties (1) $ 565 $ 585 Less: allowance for doubtful accounts - related parties (565 ) (585 ) Other receivables, net - related parties $ - $ - (1) Other receivables consist of amounts advanced to both related and unrelated parties, primarily as unsecured demand loans. These receivables originate as part of the Company's normal operating activities and are periodically settled in cash. (2) On May 28, 2014, the board of directors of the Company approved a loan program under which the Company will lend an aggregate of up to RMB 50.0 million, equivalent to approximately $7.6 million, to the employees of the Company to assist them in purchasing houses. Employees are required to pay interest at an annual rate of 3.8%. These loans are unsecured and the term of the loans is generally five years.

Property, plant and equipment45

Property, plant and equipment, net (Tables)	6 Months Ended
	Jun. 30, 2018
Property, Plant and Equipment [Abstract]
Property, Plant and Equipment [Table Text Block]	The Company’s property, plant and equipment as of June 30, 2018 and December 31, 2017 are summarized as follows (figures are in thousands of USD): June 30, 2018 December 31, 2017 Land use rights and buildings $ 62,432 $ 63,173 Machinery and equipment 182,169 165,863 Electronic equipment 5,950 5,819 Motor vehicles 5,016 4,945 Construction in progress 18,317 22,352 Total amount of property, plant and equipment 273,884 262,152 Less: Accumulated depreciation (1) (142,784 ) (136,119 ) Total amount of property, plant and equipment, net (2) (3) $ 131,100 $ 126,033 (1) As of June 30, 2018 and December 31, 2017, the Company pledged property, plant and equipment with a net book value of approximately $57.0 million and $57.8 million, respectively as security for its comprehensive credit facilities with banks in China. (2) Depreciation charges were $4.6 million and $3.6 million for the three months ended June 30, 2018 and 2017, respectively, and $8.8 million and $7.7 million for the six months ended June 30, 2018 and 2017, respectively. (3) Interest costs capitalized for the three months ended June 30, 2018 and 2017, were $0.2 million and $0.2 million, respectively, and $0.4 million and $0.3 million for the six months ended June 30, 2018 and 2017, respectively.

Intangible assets (Tables)

Intangible assets (Tables)	6 Months Ended
	Jun. 30, 2018
Goodwill and Intangible Assets Disclosure [Abstract]
Schedule of Impaired Intangible Assets [Table Text Block]	The Company’s intangible assets as of June 30, 2018 and December 31, 2017 are summarized as follows (figures are in thousands of USD): June 30, 2018 December 31, 2017 Costs: Patent technology $ 2,082 $ 2,108 Management software license 1,423 1,441 Total intangible assets 3,505 3,549 Less: Amortization (1) (2,956 ) (2,888 ) Total intangible assets, net $ 549 $ 661 (1) Amortization expenses were $0.1 million and $0.1 million for the three months ended June 30, 2018 and 2017, respectively, and $0.1 million and $0.1 million for the six months ended June 30, 2018 and 2017, respectively.

Deferred income tax assets (Tab

Deferred income tax assets (Tables)	6 Months Ended
	Jun. 30, 2018
Income Tax Disclosure [Abstract]
Schedule of Deferred Tax Assets and Liabilities [Table Text Block]	The components of estimated deferred income tax assets as of June 30, 2018 and December 31, 2017 are as follows (figures are in thousands of USD): June 30, 2018 December 31, 2017 Losses carry forward (U.S.) (1) $ 3,146 $ 3,580 Losses carry forward (Non-U.S.) (1) 2,820 2,178 Product warranties and other reserves 5,492 5,264 Property, plant and equipment 4,643 4,607 Share-based compensation 172 156 Bonus accrual 210 287 Other accruals 1,302 1,535 Deductible temporary difference related to revenue recognition 350 465 Others 1,439 1,353 Total deferred tax assets, net 19,574 19,425 Less: Valuation allowance (6,304 ) (6,058 ) Total deferred tax assets, net of valuation allowance $ 13,270 $ 13,367 (1) The net operating losses carry forward for the U.S. entities for income tax purposes are available to reduce future years' taxable income. These carry forward losses will expire, if not utilized, at various times over the next 20 years. Net operating losses carry forward for China entities can be carried forward for 5 years to offset taxable income. As of June 30, 2018, the valuation allowance was $6.3 million, including $3.3 million allowance for the Company’s deferred tax assets in the United States and $3.0 million allowance for the Company’s non-U.S. deferred tax assets. Based on the Company’s current operations in the United States, management believes that the deferred tax assets in the United States are not likely to be realized in the future. For the deferred tax assets in other countries, pursuant to certain tax laws and regulations, management believes such amount will not be used to offset future taxable income.

Loans (Tables)

Loans (Tables)	6 Months Ended
	Jun. 30, 2018
Debt Disclosure [Abstract]
Schedule of Debt [Table Text Block]	Loans consist of the following as of June 30, 2018 and December 31, 2017 (figures are in thousands of USD): June 30, 2018 December 31, 2017 Short-term bank loan (1) $ 11,335 $ 9,948 Short-term bank loan (2) (3) (4) 28,858 30,454 Short-term bank loans (5) 13,857 29,248 Short-term government loan (6) 3,023 3,061 Total short-term loans $ 57,073 $ 72,711 Long-term government loan (7) 302 306 Total loans $ 57,375 $ 73,017 (1) These loans are secured by property, plant and equipment of the Company and are repayable within one year (See Note 9). As of June 30, 2018 and December 31, 2017, the weighted average interest rate was 4.8% and 4.7% per annum, respectively. Interest is to be paid monthly on the twentieth day of the applicable month or at maturity and the principal repayment is at maturity. (2) On On April 20, 2017, the Company entered into a credit facility agreement with ICBC Macau to obtain a non-revolving credit facility in the amount of $20.0 million, the “ICBC Macau Credit Facility”. The ICBC Macau Credit Facility expired on May 12, 2018 unless the Company draws down the line of credit in full prior to such expiration date, and the maturity date for the loan drawdown is the earlier of (i) 12 months from the date of drawdown or (ii) one month before the expiry of the standby letter of credit obtained by Henglong from ICBC Jingzhou as security for the Credit Facility, the “Henglong Standby Letter of Credit”. The interest rate of the loan drawn down under the ICBC Macau Credit Facility is calculated based on a three-month LIBOR plus 1.30% per annum, subject to the availability of funds and fluctuation at ICBC Macau’s discretion. Interest is calculated daily based on a 360-day year and it is fixed one day before the first day of each interest period. The interest period is defined as three months from the date of drawdown. As security for the ICBC Macau Credit Facility, the Company was required to provide ICBC Macau with a standby letter of credit for a total amount of not less than $25.3 million if the ICBC Macau Credit Facility is fully drawn. On May 5, 2017, the Company drew down the full amount of $20.0 million under the ICBC Macau Credit Facility and provided a standby letter of credit issued by ICBC Jingzhou for an amount of $24.1 million in favor of ICBC Macau. The standby letter of credit is collateralized by Henglong’s notes receivable of RMB 159.3 million, equivalent to approximately $24.1 million. The original maturity date of the Credit Facility was May 12, 2018 and was extended to November 11, 2018. The Company repaid $1.0 million to ICBC Macau on May 4, 2018. The maturity date for the loan under the extended term is the earlier of (i) 18 months from the date of drawdown or (ii) one month before the expiry of Henglong Standby Letter of Credit. Except for the above, all other terms and conditions as stipulated in the Credit Agreement remained unchanged. As of June 30, 2018, the interest rate of the Credit Facility was 3.7% per annum. (3) On April 25, 2017, Great Genesis entered into a credit facility agreement with Taishin Bank to obtain a non-revolving credit facility in the amount of $10.0 million, the “Taishin Bank Credit Facility”. The Taishin Bank Credit Facility expired on April 25, 2018 and was extended to March 20, 2019. As of June 30, 2018, the Taishin Bank Credit Facility has an annual interest rate of 3.9%. Interest is paid monthly and the principal repayment is payable at maturity. As security for the Taishin Bank Credit Facility, the Company’s subsidiary Henglong was required to provide Taishin Bank with a standby letter of credit for a total amount of not less than $10.0 million if the Taishin Bank Credit Facility is fully drawn. On April 28, 2017, Great Genesis drew down the full amount of $9.9 million under the Taishin Bank Credit Facility and provided a standby letter of credit issued by China CITIC Bank Wuchang branch for an amount of $10.0 million in favor of Taishin Bank. The standby letter of credit issued by China CITIC Bank Wuchang branch is collateralized by Henglong’s short-term investments of RMB 4.0 million, equivalent to approximately $0.6 million, and notes receivable of RMB 79.4 million, equivalent to approximately $12.2 million. (4) On August 26, 2016, Brazil Henglong entered into a credit facility agreement with Bank of China (Brazil) to obtain a credit facility in the amount of $0.6 million, the “Bank of China Credit Facility”. The Bank of China Credit Facility expired on January 15, 2018. As security for the Bank of China Credit Facility, the Company’s subsidiary Hubei Henglong was required to provide Bank of China (Brazil) with a Standby Letter of Credit for a total amount of $0.9 million if the Bank of China Credit Facility were to be fully drawn. On August 26, 2016, Brazil Henglong drew down a loan amounting to $0.6 million provided by Bank of China (Brazil). The loan matured on January 15, 2018 and has an annual interest rate of 4.05%. Interest was paid semiannually and the principal repayment was at maturity. Hubei Henglong provided a Standby Letter of Credit for an amount of $0.9 million in favor of Bank of China (Brazil). Hubei Henglong’s Standby Letter of Credit was issued by Bank of China Jingzhou branch and was collateralized by long-term time deposits of Hubei Henglong of RMB 6.0 million, equivalent to approximately $0.9 million. The Company repaid this bank loan on January 16, 2018. (5) On September 26, 2016, Henglong entered into a credit facility agreement with China CITIC Bank to obtain credit facilities in the amount of RMB 170.0 million (equivalent to $25.7 million as of June 30, 2018), the “Henglong CITIC Credit Facility”. The Henglong CITIC Credit Facility expired on September 26, 2017. As security for the Henglong CITIC Credit Facility, Henglong’s property, plant and equipment were pledged and Hubei Henglong provided a guarantee. On March 3, 2017, Henglong drew down loans amounting to RMB 32.5 million, RMB 32.5 million and 30.6 million (equivalent to $4.9 million, $4.9 million and $4.6 million as of June 30, 2018), respectively. The loans matured on February 5, 6 and 7, 2018, respectively. The annual interest rate of the loans was 4.99%. The principal and interest have been repaid. On October 27, 2017, Henglong entered into a credit facility agreement with China CITIC Bank to obtain credit facilities in the amount of RMB 226.0 million (equivalent to $34.2 million as of June 30, 2018), the “Henglong CITIC Credit Facility”. The Henglong CITIC Credit Facility will expire on October 27, 2018. As security for the Henglong CITIC Credit Facility, Henglong’s property, plant and equipment were pledged and Hubei Henglong provided a guarantee. Henglong provided Jielong with a Standby Letter of Credit under the Credit Facility. On January 25, 26 and 29, 2018, Jielong drew down loans amounting to RMB 29.5 million, RMB 20.7 million and 18.7 million (equivalent to $4.5 million, $3.1 million and $2.8 million), respectively. The loans matured on July 23, 24 and 26, 2018, respectively. The annual interest rate of the loans was 5.02%, 5.02% and 5.13%, respectively. The principal and interest have been repaid. On September 26, 2016, Hubei Henglong entered into a credit facility agreement with China CITIC Bank to obtain credit facilities in the amount of RMB 100.0 million (equivalent to $15.1 million as of June 30, 2018), the “Hubei Henglong CITIC Credit Facility”. The Hubei Henglong CITIC Credit Facility expired on September 26, 2017. Henglong provided a guarantee for the Hubei Henglong CITIC Credit Facility. On March 3, 2017, Hubei Henglong drew down loans amounting to RMB 28.7 million, RMB 28.7 million and 38.2 million (equivalent to $4.3 million, $4.3 million and $5.8 million), respectively. The loans matured on February 2, 8 and 9, 2018, respectively. The annual interest rate of the loans was 4.99%. The principal and interest have been repaid. On October 27, 2017, Henglong entered into a credit facility agreement with China CITIC Bank to obtain credit facilities in the amount of RMB 140.0 million (equivalent to $21.2 million as of June 30, 2018), the “Hubei Henglong CITIC Credit Facility”. The Hubei Henglong CITIC Credit Facility will expire on October 27, 2018. Henglong provided a guarantee for the Hubei Henglong CITIC Credit Facility. Hubei Henglong provided Jiulong with a Standby Letter of Credit under the Credit Facility. On January 26 and 30, 2018, Hubei Henglong drew down loans amounting to RMB 5.9 million and 15.7 million (equivalent to $0.9 million and $2.4 million), respectively. The loans matured on July 24 and 26, 2018, respectively. The annual interest rate of the loans was 5.02% and 5.79%, respectively. The principal and interest have been repaid. (6) On August 17, 2017, the Company received an interest-free Chinese government loan of RMB 20.0 million, equivalent to approximately $3.2 million, which will mature on August 16, 2018. Henglong pledged RMB 20.0 million, equivalent to approximately $3.0 million, of notes receivable as security for the Chinese government loan (See Note 4). (7) On November 13, 2017, the Company received a Chinese government loan of RMB 2.0 million, equivalent to approximately $0.3 million, with an interest rate of 4.75% per annum, which will mature on November 12, 2020.

Accounts and notes payable (Tab

Accounts and notes payable (Tables)	6 Months Ended
	Jun. 30, 2018
Accounts and Notes Payable Disclosure [Abstract]
Schedule Of Accounts and Notes Payable [Table Text Block]	The Company’s accounts and notes payable as of June 30, 2018 and December 31, 2017 are summarized as follows (figures are in thousands of USD): June 30, 2018 December 31, 2017 Accounts payable - unrelated parties $ 143,858 $ 149,200 Notes payable - unrelated parties (1) 68,578 83,848 Accounts and notes payable- unrelated parties 212,436 233,048 Accounts payable - related parties 6,913 7,168 Balance at end of period $ 219,349 $ 240,216 (1) Notes payable represent accounts payable in the form of notes issued by the Company. The notes are endorsed by banks to ensure that noteholders will be paid after maturity. The Company has pledged cash deposits, short-term investments, notes receivable and certain property, plant and equipment to secure notes payable granted by banks.

Accrued expenses and other pa50

Accrued expenses and other payables (Tables)	6 Months Ended
	Jun. 30, 2018
Payables and Accruals [Abstract]
Schedule of Accounts Payable and Accrued Liabilities [Table Text Block]	The Company’s accrued expenses and other payables as of June 30, 2018 and December 31, 2017 are summarized as follows (figures are in thousands of USD): June 30, 2018 December 31, 2017 Accrued expenses $ 6,367 $ 7,944 Accrued interest 140 1,347 Dividends payable to holders of non-controlling interests (1) 538 - Current portion of other long-term payable (See Note 17) 3,401 - Other payables 1,274 1,803 Warranty reserves (2) 29,779 29,033 Total $ 41,499 $ 40,127 (1) In accordance with the resolution of the Board of Directors of Shenyang, in the second quarter of 2018, Shenyang declared a dividend amounting to $1.9 million to its shareholders, of which $0.5 million was payable to the holders of the non-controlling interests. As of June 30, 2018, the dividends have not been paid. (2) The Company provides for the estimated cost of product warranties when the products are sold. Such estimates of product warranties are based on, among other things, historical experience, product changes, material expenses, services and transportation expenses arising from the manufactured products. Estimates will be adjusted on the basis of actual claims and circumstances.
Schedule of Product Warranty Liability [Table Text Block]	For the three months ended June 30, 2018 and 2017, the warranties activities were as follows (figures are in thousands of USD): Three Months Ended June 30, 2018 2017 Balance at beginning of the period $ 30,201 $ 25,738 Additions during the period 5,617 3,680 Settlement within period (4,499 ) (5,189 ) Foreign currency translation gain (1,540 ) (331 ) Balance at end of the period $ 29,779 $ 23,898 For the six months ended June 30, 2018 and 2017, and for the year ended December 31, 2017, the warranties activities were as follows (figures are in thousands of USD): Six Months Ended June 30, Year Ended ‎ December 31, 2018 2017 2017 Balance at beginning of the period $ 29,033 $ 26,225 $ 26,225 Additions during the period 9,865 6,756 23,354 Settlement within period (8,705 ) (8,608 ) (22,034 ) Foreign currency translation (gain)/loss (414 ) (475 ) 1,488 Balance at end of the period $ 29,779 $ 23,898 $ 29,033

Taxes payable (Tables)

Taxes payable (Tables)	6 Months Ended
	Jun. 30, 2018
Taxes Payables [Abstract]
Schedule Of Income Taxes Payable [Table Text Block]	The Company’s taxes payable as of June 30, 2018 and December 31, 2017 are summarized as follows (figures are in thousands of USD): June 30, 2018 December 31, 2017 Value-added tax payable $ 3,183 $ 1,813 Income tax payable 6,544 3,450 Other tax payable 681 664 Long-term taxes payable (1) 29,874 32,719 Total $ 40,282 $ 38,646 (1) A one-time transition tax of $35.6 million was recognized in the fourth quarter of 2017 that represented management’s estimate of the amount of U.S. corporate income tax based on the deemed repatriation to the United States of the Company’s share of previously deferred earnings of certain non-U.S. subsidiaries of the Company mandated by the U.S. Tax Reform. The Company elected to pay the one-time transition tax over eight years commencing in April 2018. As of June 30, 2018 and December 31, 2017, $5.7 million and $2.8 million was included in taxes payable as a current liability which the Company believes will be paid within one year and the remaining balance was included in long-term taxes payable. See Note 24 for more details about the U.S. Tax Reform.

Additional paid-in capital (Tab

Additional paid-in capital (Tables)	6 Months Ended
	Jun. 30, 2018
Additional Paid in Capital [Abstract]
Schedule Of Additional Paid In Capital [Table Text Block]	The Company’s positions in respect of the amounts of additional paid-in capital for the six months ended June 30, 2018 and 2017, and the year ended December 31, 2017 are summarized as follows (figures are in thousands of USD): Six Months Ended June 30, Year Ended ‎ December 31, 2018 2017 2017 Balance at beginning of the period $ 64,406 $ 64,764 $ 64,764 Acquisition of the non-controlling interest in Brazil Henglong (1) - (458 ) (458 ) Share-based compensation (2) - - 100 Balance at end of the period $ 64,406 $ 64,306 $ 64,406 (1) In May 2017, the Company obtained an additional 15.84% equity interest in Brazil Henglong for nil consideration. The Company retained its controlling interest in Brazil Henglong and the acquisition of the non-controlling interest was accounted for as an equity transaction. (2) On August 16, 2017, the Company granted 22,500 stock options to the Company’s independent directors, with the exercise price equal to the closing price of the Company’s common stock traded on NASDAQ one day before the date of grant. The fair value of the stock options was determined at the date of grant using the Black-Scholes option pricing model. The Black-Scholes option model requires management to make various estimates and assumptions, including expected term, expected volatility, risk-free rate and dividend yield. The expected term represents the period of time that stock-based compensation awards granted are expected to be outstanding and is estimated based on considerations including the vesting period, contractual term and anticipated employee exercise patterns. Expected volatility is based on the historical volatility of the Company’s stock. The risk-free rate is based on the U.S. Treasury yield curve in relation to the contractual life of stock-based compensation instruments. The dividend yield assumption is based on historical patterns and future expectations for the Company’s dividends.
Schedule of Share-based Payment Award, Stock Options, Valuation Assumptions [Table Text Block]	Assumptions used to estimate the fair value of the stock options on the grant dates are as follows: Issuance Date Expected volatility Risk-free rate Expected term (years) Dividend yield August 16, 2017 54.8 % 1.79 % 5 0.00 %

Retained earnings (Tables)

Retained earnings (Tables)	6 Months Ended
	Jun. 30, 2018
Retained Earnings Disclosure [Abstract]
Schedule of Appropriated Retained Earnings [Table Text Block]	The Company’s activities in respect of the amounts of appropriated retained earnings for the six months ended June 30, 2018 and 2017, and the year ended December 31, 2017 are summarized as follows (figures are in thousands of USD): Six Months Ended June 30, Year Ended ‎ December 31, 2018 2017 2017 Balance at beginning of the period $ 10,707 $ 10,549 $ 10,549 Appropriation of retained earnings 123 124 158 Balance at end of the period $ 10,830 $ 10,673 $ 10,707
Schedule of Unappropriated Retained Earnings [Table Text Block]	The Company’s activities in respect of the amounts of the unappropriated retained earnings for the six months ended June 30, 2018 and 2017, and the year ended December 31, 2017 are summarized as follows (figures are in thousands of USD): Six Months Ended June 30, Year Ended ‎ December 31, 2018 2017 2017 Balance at beginning of the period $ 209,459 $ 228,963 $ 228,963 Net income/(loss) attributable to parent company 5,159 14,635 (19,346 ) Appropriation of retained earnings (123 ) (124 ) (158 ) Balance at end of the period $ 214,495 $ 243,474 $ 209,459

Accumulated other comprehensi54

Accumulated other comprehensive income (Tables)	6 Months Ended
	Jun. 30, 2018
Equity [Abstract]
Schedule of Accumulated Other Comprehensive Income (Loss) [Table Text Block]	The Company’s activities in respect of the amounts of accumulated other comprehensive income for the six months ended June 30, 2018 and 2017, and the year ended December 31, 2017 are summarized as follows (figures are in thousands of USD): Six Months Ended June 30, Year Ended ‎ December 31, 2018 2017 2017 Balance at beginning of the period $ 17,780 $ (892 ) $ (892 ) Other comprehensive income related to the non-controlling interests acquired by the Company - (67 ) (67 ) Foreign currency translation adjustment attributable to parent company (4,161 ) 7,194 18,739 Balance at end of the period $ 13,619 $ 6,235 $ 17,780

Non-controlling interests (Tabl

Non-controlling interests (Tables)	6 Months Ended
	Jun. 30, 2018
Noncontrolling Interest [Abstract]
Schedule Of Non Controlling Interests Disclosure [Table Text Block]	The Company’s activities in respect of the amounts of the non-controlling interests’ equity for the six months ended June 30, 2018 and 2017, and the year ended December 31, 2017 are summarized as follows (figures are in thousands of USD): Six Months Ended June 30, Year Ended ‎ December 31, 2018 2017 2017 Balance at beginning of the period $ 6,681 $ 5,412 $ 5,412 (Loss)/income attributable to non-controlling interests (131 ) 184 707 Dividends declared to the non-controlling interest holders of joint-venture companies (See Note 14) (538 ) (608 ) (608 ) Acquisition of the non-controlling interest in Brazil Henglong - 458 458 Other comprehensive income related to the non-controlling interests acquired by the Company - 67 67 Foreign currency translation adjustment attributable to non-controlling interests (64 ) 249 645 Balance at end of the period $ 5,948 $ 5,762 $ 6,681

Financial income, net (Tables)

Financial income, net (Tables)	6 Months Ended
	Jun. 30, 2018
Financial Income Expenses Disclosure [Abstract]
Schedule Of Financial Expenses [Table Text Block]	During the six months ended June 30, 2018 and 2017, the Company recorded financial income, net which is summarized as follows (figures are in thousands of USD): Six Months Ended June 30, 2018 2017 Interest income $ 944 $ 1,481 Foreign exchange loss, net (641 ) (242 ) Bank fees (171 ) (357 ) Total financial income, net $ 132 $ 882

Income per share (Tables)

Income per share (Tables)	6 Months Ended
	Jun. 30, 2018
Earnings Per Share [Abstract]
Schedule of Earnings Per Share, Basic and Diluted [Table Text Block]	The calculation of basic and diluted income per share attributable to the parent company for the three months ended June 30, 2018 and 2017, was (figures are in thousands of USD, except share and per share amounts): Three Months Ended June 30, 2018 2017 Numerator: Net income attributable to the parent company’s common shareholders – Basic and Diluted $ 847 $ 8,921 Denominator: Weighted average shares outstanding 31,644,004 31,644,004 Dilutive effects of stock options 3,301 5,318 Denominator for dilutive income per share – Diluted 31,647,305 31,649,322 Net income per share attributable to parent company’s common shareholders – Basic $ 0.03 $ 0.28 Net income per share attributable to parent company’s common shareholders – Diluted $ 0.03 $ 0.28 The calculation of basic and diluted income per share attributable to the parent company for the six months ended June 30, 2018 and 2017, was (figures are in thousands of USD, except share and per share amounts): Six Months Ended June 30, 2018 2017 Numerator: Net income attributable to the parent company’s common shareholders – Basic and Diluted $ 5,159 $ 14,635 Denominator: Weighted average shares outstanding 31,644,004 31,644,004 Dilutive effects of stock options 1,651 5,611 Denominator for dilutive income per share – Diluted 31,645,655 31,649,615 Net income per share attributable to parent company’s common shareholders – Basic $ 0.16 $ 0.46 Net income per share attributable to parent company’s common shareholders – Diluted $ 0.16 $ 0.46

Related party transactions an58

Related party transactions and balances (Tables)	6 Months Ended
	Jun. 30, 2018
Related Party Transactions [Abstract]
Schedule Of Related Party Transactions [Table Text Block]	Related party transactions are as follows (figures are in thousands of USD): Related sales Three Months Ended June 30, 2018 2017 Merchandise sold to related parties $ 10,856 $ 8,583 Rental income obtained from related parties 45 32 Materials and others sold to related parties 498 510 Total $ 11,399 $ 9,125 Six Months Ended June 30, 2018 2017 Merchandise sold to related parties $ 21,702 $ 18,120 Rental income obtained from related parties 147 46 Materials and others sold to related parties 944 811 Total $ 22,793 $ 18,977 Related purchases Three Months Ended June 30, 2018 2017 Materials purchased from related parties $ 7,428 $ 6,283 Equipment purchased from related parties 2,037 1,412 Others purchased from related parties 208 93 Total $ 9,673 $ 7,788 Six Months Ended June 30, 2018 2017 Materials purchased from related parties $ 15,677 $ 13,645 Equipment purchased from related parties 3,285 4,424 Others purchased from related parties 257 216 Total $ 19,219 $ 18,285 Loan transaction to a related party Six Months Ended June 30, 2018 2017 Related party loan $ - $ 29,182 Related receivables June 30, 2018 December 31, 2017 Accounts and notes receivable from related parties $ 20,826 $ 19,086 Related advances and loan balance June 30, 2018 December 31, 2017 Advance payments for property, plant and equipment to related parties $ 6,672 $ 5,264 Advance payments and others to related parties 1,009 20,841 Total $ 7,681 $ 26,105 Related payables June 30, 2018 December 31, 2017 Accounts and notes payable $ 6,913 $ 7,168

Commitments and contingencies (

Commitments and contingencies (Tables)	6 Months Ended
	Jun. 30, 2018
Commitments and Contingencies Disclosure [Abstract]
Contractual Obligation, Fiscal Year Maturity Schedule [Table Text Block]	In addition to the bank loans, notes payables and the related interest, the following table summarizes the Company’s major commitments and contingencies as of June 30, 2018 (figures are in thousands of USD): Payment obligations by period 2018 (1) 2019 2020 2021 Thereafter Total Obligations for investment contracts (1) $ 5,441 $ 3,446 $ 2,297 $ - $ - $ 11,184 Obligations for purchasing and service agreements 23,177 10,599 - - - 33,776 Total $ 28,618 $ 14,045 $ 2,297 $ - $ - $ 44,960 (1) In May 2016, Hubei Henglong entered into an agreement with other parties to establish a venture capital fund, the “Chongqing Venture Fund”. Hubei Henglong has committed to make investments of RMB 120.0 million, equivalent to approximately $18.1 million, in the Chongqing Venture Fund in three installments. As of June 30, 2018, Hubei Henglong has completed a capital contribution of RMB 84.0 million, equivalent to approximately $12.7 million, representing 35.0% of the Chongqing Venture Fund’s shares. According to the agreement, the remaining capital commitment of RMB 36.0 million, equivalent to approximately $5.4 million, will be paid upon capital calls received from the Chongqing Venture Fund. In March 2018, Hubei Henglong entered into an agreement with other parties to establish a venture capital fund, the “Hubei Venture Fund”. Hubei Henglong has committed to make an investment of RMB 76.0 million, equivalent to approximately $12.1 million, in the Hubei Venture Fund in three installments, representing 38% of the Hubei Venture Fund’s shares. As of June 30, 2018, Hubei Henglong has completed a capital contribution of RMB 38.0 million, equivalent to approximately $5.7 million. According to the agreement, the remaining capital commitment of RMB 38.0 million, equivalent to approximately $5.7 million, will be paid upon capital calls received from the Hubei Venture Fund.

Segment reporting (Tables)

Segment reporting (Tables)	6 Months Ended
	Jun. 30, 2018
Segment Reporting [Abstract]
Schedule of Revenue by Major Customers by Reporting Segments [Table Text Block]	The Company’s product sector information for the three months and six months ended June 30, 2018 and 2017, is as follows (figures are in thousands of USD): Net Product Sales Net Income (Loss) Three Months Ended Three Months Ended June 30 June 30 2018 2017 2018 2017 Henglong $ 60,301 $ 64,478 $ (1,530 ) $ 2,295 Jiulong 30,962 27,161 956 2,186 Shenyang 8,866 10,665 534 323 Wuhu 5,565 5,644 (483 ) 167 Hubei Henglong 28,717 23,896 3,273 2,249 Other Sectors 21,153 13,150 1,488 (43 ) Total Segments 155,564 144,994 4,238 7,177 Corporate - - (1,582 ) 3,211 Eliminations (29,782 ) (27,334 ) (1,660 ) (1,507 ) Total $ 125,782 $ 117,660 $ 996 $ 8,881 Net Product Sales Net Income (Loss) Six Months Ended Six Months Ended June 30 June 30 2018 2017 2018 2017 Henglong $ 129,197 $ 135,312 $ (1,842 ) $ 5,614 Jiulong 58,407 49,447 1,411 3,576 Shenyang 15,214 18,669 (84 ) 785 Wuhu 10,201 11,752 (880 ) 97 Hubei Henglong 62,110 42,029 6,362 2,487 Other Sectors 39,051 25,861 2,282 599 Total Segments 314,180 283,070 7,249 13,158 Corporate - 　 - (1,018 ) 3,043 Eliminations (54,380 ) (46,102 ) (1,203 ) (1,382 ) Total $ 259,800 $ 236,968 $ 5,028 $ 14,819

Organization and business (Deta

Organization and business (Details)		Jun. 30, 2018	Dec. 31, 2017	May 31, 2017
Organization And Principal Activities [Line Items]
Percentage Interest				15.84%
Shashi Jiulong Power Steering Gears Co Ltd [Member]
Organization And Principal Activities [Line Items]
Percentage Interest	[1]	100.00%	100.00%
JingzhouHenglong Automotive Parts Co Ltd [Member]
Organization And Principal Activities [Line Items]
Percentage Interest	[2]	100.00%	100.00%
Shenyang Jinbei Henglong Automotive Steering System Co Ltd [Member]
Organization And Principal Activities [Line Items]
Percentage Interest	[3]	70.00%	70.00%
Universal Sensor Application Inc [Member]
Organization And Principal Activities [Line Items]
Percentage Interest	[4]	83.34%	83.34%
Wuhan Jielong Electric Power Steering Co Ltd [Member]
Organization And Principal Activities [Line Items]
Percentage Interest	[5]	85.00%	85.00%
Wuhu Henglong Auto Steering System Co Ltd [Member]
Organization And Principal Activities [Line Items]
Percentage Interest	[6]	77.33%	77.33%
Hubei Henglong Automotive System Group Co Ltd [Member]
Organization And Principal Activities [Line Items]
Percentage Interest	[7]	100.00%	100.00%
JingzhouHenglong Automotive Technology (Testing) Center, "Testing Center" [Member]
Organization And Principal Activities [Line Items]
Percentage Interest	[8]	100.00%	100.00%
Chongqing HenglongHongyan Automotive System Co., Ltd., "Chongqing Henglong" [Member]
Organization And Principal Activities [Line Items]
Percentage Interest	[9]	70.00%	70.00%
CAAS Brazil's Imports and Trade In Automotive Parts Ltd [Member]
Organization And Principal Activities [Line Items]
Percentage Interest	[10]	95.84%	95.84%
Wuhan Chuguanjie Automotive Science and Technology Ltd [Member]
Organization And Principal Activities [Line Items]
Percentage Interest	[11]	85.00%	85.00%
Hubei Henglong Group Shanghai Automotive Electronics Research and Development Ltd [Member]
Organization And Principal Activities [Line Items]
Percentage Interest	[12]	100.00%	100.00%
Jingzhou Qingyan Intelligent Automotive Technology Research Institute Co., Ltd [Member]
Organization And Principal Activities [Line Items]
Percentage Interest	[13]	60.00%	60.00%
[1]	Jiulong was established in 1993 and mainly engages in the production of integral power steering gears for heavy-duty vehicles.
[2]	Henglong was established in 1997 and mainly engages in the production of rack and pinion power steering gears for cars and light duty vehicles.
[3]	Shenyang was established in 2002 and focuses on power steering parts for light duty vehicles.
[4]	USAI was established in 2005 and mainly engages in the production and sales of sensor modules.
[5]	Jielong was established in 2006 and mainly engages in the production and sales of automotive steering columns.
[6]	Wuhu was established in 2006 and mainly engages in the production and sales of automobile steering systems.
[7]	On March 7, 2007, Genesis established Hubei Henglong, formerly known as Jingzhou Hengsheng Automotive System Co., Ltd., its wholly-owned subsidiary, to engage in the production and sales of automotive steering systems. On July 8, 2012, Hubei Henglong changed its name to Hubei Henglong Automotive System Group Co., Ltd.
[8]	In December 2009, Henglong, a subsidiary of Genesis, formed Testing Center, which mainly engages in the research and development of new products.
[9]	On February 21, 2012, Hubei Henglong and SAIC-IVECO Hongyan Company, “SAIC-IVECO,” established a Sino-foreign joint venture company, Chongqing Henglong, to design, develop and manufacture both hydraulic and electric power steering systems and parts.
[10]	On August 21, 2012, Brazil Henglong was established as a Sino-foreign joint venture company by Hubei Henglong and two Brazilian citizens, Ozias Gaia Da Silva and Ademir Dal’ Evedove. Brazil Henglong engages mainly in the import and sales of automotive parts in Brazil. In May 2017, the Company obtained an additional 15.84% equity interest in Brazil Henglong for nil consideration. The Company retained its controlling interest in Brazil Henglong and the acquisition of the non-controlling interest was accounted for as an equity transaction.
[11]	In May 2014, together with Hubei Wanlong, Jielong formed a subsidiary, Wuhan Chuguanjie Automotive Science and Technology Ltd., “Wuhan Chuguanjie”, which mainly engages in research and development, manufacture and sales of automobile electronic systems and parts. Wuhan Chuguanjie is located in Wuhan, China.
[12]	In January 2015, Hubei Henglong formed Hubei Henglong Group Shanghai Automotive Electronics Research and Development Ltd., “Shanghai Henglong”, which mainly engages in the design and sales of automotive electronics.
[13]	In November 2017, Hubei Henglong formed Jingzhou Qingyan Intelligent Automotive Technology Rearch Institute Co., Ltd., “Jingzhou Qingyan”, which mainly engages in the research and development of intelligent automotive technology.

Organization and business (De62

Organization and business (Details Textual)	May 31, 2017
Organization And Principal Activities [Line Items]
Equity Method Investment, Ownership Percentage	15.84%

Basis of presentation and sig63

Basis of presentation and significant accounting policies (Details Textual) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2018	Jun. 30, 2017	Jun. 30, 2018	Jun. 30, 2017	Dec. 31, 2017
Basis Of Presentation And Significant Accounting Policies [Line Items]
Customer Deposits, Current	$ 762		$ 762		$ 1,128
Revenues	125,782	$ 117,660	259,800	$ 236,968
Customer Deposits [Member]
Basis Of Presentation And Significant Accounting Policies [Line Items]
Customer Deposits, Current	$ 800		800		$ 1,100
Revenues			2,000
Proceeds From Customer Deposits			$ 1,700

Short-term investments (Details

Short-term investments (Details) - USD ($) $ in Thousands	Jun. 30, 2018	Dec. 31, 2017
Short-term Investments	$ 26,902	$ 29,587
Bank Time Deposits [Member]
Short-term Investments	10,428	12,019
Wealth Management Financial Product [Member]
Short-term Investments	$ 16,474	$ 17,568

Short-term investments (Detai65

Short-term investments (Details Textual) ¥ in Millions, $ in Millions	Jun. 30, 2018CNY (¥)	Jun. 30, 2018USD ($)	Dec. 31, 2017CNY (¥)	Dec. 31, 2017USD ($)
Time Deposits	¥ 3	$ 0.5	¥ 13	$ 2

Accounts and notes receivable66

Accounts and notes receivable, net (Details) - USD ($) $ in Thousands		Jun. 30, 2018	Dec. 31, 2017
Financing Receivables [Line Items]
Accounts receivable - unrelated parties		$ 153,325	$ 166,889
Notes receivable - unrelated parties	[1],[2]	110,728	109,183
Total accounts and notes receivable - unrelated parties		264,053	276,072
Less: allowance for doubtful accounts- unrelated parties	[3]	(1,320)	(1,083)
Accounts and notes receivable, net - unrelated parties		262,733	274,989
Accounts and notes receivable, net - related parties		20,826	19,086
Accounts and notes receivable, net		$ 283,559	$ 294,075
[1]	As of June 30, 2018 and December 31, 2017, the Company pledged its notes receivable in an amount of approximately $39.2 million and $39.6 million, respectively, as security for its comprehensive credit facilities or loans.
[2]	Notes receivable represent accounts receivable in the form of bills of exchange for which acceptances are guaranteed and settlements are handled by banks.
[3]	Provision for doubtful accounts and notes receivable amounted to $0.3 million and $0.1 million for the six months ended June 30, 2018 and 2017, respectively.

Accounts and notes receivable67

Accounts and notes receivable, net (Details Textual) - USD ($) $ in Millions	6 Months Ended
	Jun. 30, 2018	Jun. 30, 2017	Dec. 31, 2017
Financing Receivables [Line Items]
Financing Receivable, Net	$ 39.2		$ 39.6
Provision for Doubtful Accounts	$ 0.3	$ 0.1

Advance payments and others (De

Advance payments and others (Details) - USD ($) $ in Thousands		Jun. 30, 2018	Dec. 31, 2017
Advance payments and others - unrelated parties		$ 13,462	$ 13,801
Less: allowance for doubtful accounts - unrelated parties		(998)	(1,011)
Advance payments and others, net - unrelated parties		12,464	12,790
Advance payments and others - related parties	[1]	1,006	20,841
Total advance payments and others		$ 13,470	$ 33,631
[1]	On March 16, 2017, in order to generate higher returns for the Company’s idle cash, one of the Company's subsidiaries, Hubei Henglong, lent RMB 200.0 million to Henglong Real Estate, one of the Company's related parties, through an independent financial institution by way of an entrusted loan. The term of the loan is one year and the annual interest rate is 6.35%. Henglong Real Estate repaid RMB 70 million and RMB 130 million to Hubei Henglong in the fourth quarter of 2017 and in the first quarter of 2018, respectively. As of June 30, 2018 and December 31, 2017, the outstanding loan balance was nil and RMB 130 million (equivalent to $19.9 million) respectively.

Advance payments and others (69

Advance payments and others (Details Textual) $ in Thousands, ¥ in Millions	1 Months Ended	3 Months Ended	6 Months Ended			12 Months Ended
	Mar. 16, 2017CNY (¥)	Mar. 31, 2018CNY (¥)	Jun. 30, 2018CNY (¥)	Jun. 30, 2018USD ($)	Jun. 30, 2017USD ($)	Dec. 31, 2017CNY (¥)
Payments to Fund Long-term Loans to Related Parties | $				$ 0	$ 29,044
Proceeds from Collection of Long-term Loans to Related Parties			¥ 130	$ 20,430	$ 0	¥ 19.9
Loans and Leases Receivable, Related Parties			¥ 0
Henglong Real Estate [Member]
Payments to Fund Long-term Loans to Related Parties	¥ 200
Related Party Transaction, Rate	6.35%
Proceeds from Collection of Long-term Loans to Related Parties		¥ 70				¥ 130

Inventories (Details)

Inventories (Details) - USD ($) $ in Thousands	Jun. 30, 2018	Dec. 31, 2017
Inventory [Line Items]
Raw materials	$ 22,979	$ 20,033
Work in process	17,719	17,951
Finished goods	49,896	41,233
Total	$ 90,594	$ 79,217

Inventories (Details Textual)

Inventories (Details Textual) - USD ($) $ in Millions	6 Months Ended
	Jun. 30, 2018	Jun. 30, 2017
Inventory [Line Items]
Valuation Allowances and Reserves, Adjustments	$ 3.5	$ 2.1

Other receivables, net (Details

Other receivables, net (Details) - USD ($) $ in Thousands		Jun. 30, 2018	Dec. 31, 2017
Unrelated Parties [Member]
Other Receivables [Line Items]
Other receivables	[1]	$ 584	$ 1,109
Other receivables - employee housing loans	[2]	464	1,187
Less: allowance for doubtful accounts		(103)	(108)
Other receivables, net		945	2,188
Related Party [Member]
Other Receivables [Line Items]
Other receivables	[1]	565	585
Less: allowance for doubtful accounts		(565)	(585)
Other receivables, net		$ 0	$ 0
[1]	Other receivables consist of amounts advanced to both related and unrelated parties, primarily as unsecured demand loans. These receivables originate as part of the Company's normal operating activities and are periodically settled in cash.
[2]	On May 28, 2014, the board of directors of the Company approved a loan program under which the Company will lend an aggregate of up to RMB 50.0 million, equivalent to approximately $7.6 million, to the employees of the Company to assist them in purchasing houses. Employees are required to pay interest at an annual rate of 3.8%. These loans are unsecured and the term of the loans is generally five years.

Other receivables, net (Detai73

Other receivables, net (Details Textual) ¥ in Millions, $ in Millions	1 Months Ended
	May 28, 2014CNY (¥)	May 28, 2014USD ($)
Financing Receivables [Line Items]
Loans Assumed | $		$ 7.6
Board of Directors Chairman [Member]
Financing Receivables [Line Items]
Loans Assumed | ¥	¥ 50
Debt Instrument, Interest Rate, Stated Percentage	3.80%	3.80%

Long-term investments (Details

Long-term investments (Details Textual) $ in Thousands, ¥ in Millions		1 Months Ended	6 Months Ended
		Oct. 31, 2016CNY (¥)	Jun. 30, 2018CNY (¥)	Jun. 30, 2018USD ($)	Jun. 30, 2017USD ($)	Jun. 30, 2018USD ($)	Mar. 31, 2018CNY (¥)	Dec. 31, 2017USD ($)	May 31, 2017	Oct. 31, 2016USD ($)	May 31, 2016CNY (¥)	May 31, 2016USD ($)	Sep. 22, 2014CNY (¥)	Sep. 22, 2014USD ($)	Jan. 24, 2010USD ($)
Debt Instrument [Line Items]
Equity Method Investment, Ownership Percentage									15.84%
Net income of non-consolidated affiliates				$ 500	$ 10
Capital			¥ 5.7			$ 12,700	¥ 11.5			$ 500		$ 18,100		$ 7,600
Hubei Henglong [Member]
Debt Instrument [Line Items]
Equity Method Investments						$ 12,400		$ 12,700
Equity Method Investment, Ownership Percentage			23.50%			23.50%
Net income of non-consolidated affiliates | ¥		¥ 3
Capital | ¥							¥ 76						¥ 50
Chongqing Jinghua Automotive Intelligent ManufacturingTechnology Research Co Ltd [Member]
Debt Instrument [Line Items]
Equity Method Investments						$ 400		500
Equity Method Investment, Ownership Percentage										30.00%
Venture Capital Funds [Member]
Debt Instrument [Line Items]
Equity Method Investments						$ 10,700		10,300
Equity Method Investment, Ownership Percentage			12.50%			12.50%
Chongquing Venture Fund [Member]
Debt Instrument [Line Items]
Capital | ¥											¥ 120
Chongquing Venture Fund [Member] | Hubei Henglong [Member]
Debt Instrument [Line Items]
Capital | ¥			¥ 84
Hubei Venture Fund [Member] | Hubei Henglong [Member]
Debt Instrument [Line Items]
Equity Method Investments						$ 5,700		5,700
Equity Method Investment, Ownership Percentage			19.00%			19.00%
Capital | ¥			¥ 38
Beijing Henglong Automotive System Co Ltd [Member]
Debt Instrument [Line Items]
Equity Method Investments						$ 4,200		$ 4,100							$ 3,100
Equity Method Investment, Ownership Percentage															50.00%
Hubei Henglong Automotive System Group Co Ltd [Member]
Debt Instrument [Line Items]
Proceeds from Partnership Contribution			¥ 50	$ 7,600
Equity Method Investment, Ownership Percentage	[1]		100.00%			100.00%		100.00%
[1]	On March 7, 2007, Genesis established Hubei Henglong, formerly known as Jingzhou Hengsheng Automotive System Co., Ltd., its wholly-owned subsidiary, to engage in the production and sales of automotive steering systems. On July 8, 2012, Hubei Henglong changed its name to Hubei Henglong Automotive System Group Co., Ltd.

Property, plant and equipment75

Property, plant and equipment, net (Details) - USD ($) $ in Thousands		Jun. 30, 2018	Dec. 31, 2017
Property, Plant and Equipment [Line Items]
Total amount of property, plant and equipment		$ 273,884	$ 262,152
Less: Accumulated depreciation	[1]	(142,784)	(136,119)
Total amount of property, plant and equipment, net	[2],[3]	131,100	126,033
Land use rights and buildings [Member]
Property, Plant and Equipment [Line Items]
Total amount of property, plant and equipment		62,432	63,173
Machinery and equipment [Member]
Property, Plant and Equipment [Line Items]
Total amount of property, plant and equipment		182,169	165,863
Electronic equipment [Member]
Property, Plant and Equipment [Line Items]
Total amount of property, plant and equipment		5,950	5,819
Motor vehicles [Member]
Property, Plant and Equipment [Line Items]
Total amount of property, plant and equipment		5,016	4,945
Construction in progress [Member]
Property, Plant and Equipment [Line Items]
Total amount of property, plant and equipment		$ 18,317	$ 22,352
[1]	As of June 30, 2018 and December 31, 2017, the Company pledged property, plant and equipment with a net book value of approximately $57.0 million and $57.8 million, respectively as security for its comprehensive credit facilities with banks in China.
[2]	Depreciation charges were $4.6 million and $3.6 million for the three months ended June 30, 2018 and 2017, respectively, and $8.8 million and $7.7 million for the six months ended June 30, 2018 and 2017, respectively.
[3]	Interest costs capitalized for the three months ended June 30, 2018 and 2017, were $0.2 million and $0.2 million, respectively, and $0.4 million and $0.3 million for the six months ended June 30, 2018 and 2017, respectively.

Property, plant and equipment76

Property, plant and equipment, net (Details Textual) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2018	Jun. 30, 2017	Jun. 30, 2018	Jun. 30, 2017	Dec. 31, 2017
Property, Plant and Equipment [Line Items]
Depreciation	$ 4.6	$ 3.6	$ 8.8	$ 7.7
Pledged Assets Separately Reported, Loans Pledged for Other Debt Obligations, at Fair Value	57		57		$ 57.8
Interest Costs Capitalized	$ 0.2	$ 0.2	$ 0.4	$ 0.3

Intangible assets (Details)

Intangible assets (Details) - USD ($) $ in Thousands		Jun. 30, 2018	Dec. 31, 2017
Costs:
Patent technology		$ 2,082	$ 2,108
Management software license		1,423	1,441
Total intangible assets		3,505	3,549
Less: Amortization	[1]	(2,956)	(2,888)
Total intangible assets, net		$ 549	$ 661
[1]	Amortization expenses were $0.1 million and $0.1 million for the three months ended June 30, 2018 and 2017, respectively, and $0.1 million and $0.1 million for the six months ended June 30, 2018 and 2017, respectively.

Intangible assets (Details Text

Intangible assets (Details Textual) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2018	Jun. 30, 2017	Jun. 30, 2018	Jun. 30, 2017
Finite-Lived Intangible Assets [Line Items]
Amortization of Intangible Assets	$ 0.1	$ 0.1	$ 0.1	$ 0.1

Deferred income tax assets (Det

Deferred income tax assets (Details) - USD ($) $ in Thousands		Jun. 30, 2018	Dec. 31, 2017
Deferred Tax Assets [Line Items]
Losses carry forward (U.S.)	[1]	$ 3,146	$ 3,580
Losses carry forward (Non-U.S.)	[1]	2,820	2,178
Product warranties and other reserves		5,492	5,264
Property, plant and equipment		4,643	4,607
Share-based compensation		172	156
Bonus accrual		210	287
Other accruals		1,302	1,535
Deductible temporary difference related to revenue recognition		350	465
Others		1,439	1,353
Total deferred tax assets, net		19,574	19,425
Less: Valuation allowance		(6,304)	(6,058)
Total deferred tax assets, net of valuation allowance		$ 13,270	$ 13,367
[1]	The net operating losses carry forward for the U.S. entities for income tax purposes are available to reduce future years' taxable income. These carry forward losses will expire, if not utilized, at various times over the next 20 years. Net operating losses carry forward for China entities can be carried forward for 5 years to offset taxable income. As of June 30, 2018, the valuation allowance was $6.3 million, including $3.3 million allowance for the Company’s deferred tax assets in the United States and $3.0 million allowance for the Company’s non-U.S. deferred tax assets. Based on the Company’s current operations in the United States, management believes that the deferred tax assets in the United States are not likely to be realized in the future. For the deferred tax assets in other countries, pursuant to certain tax laws and regulations, management believes such amount will not be used to offset future taxable income.

Deferred income tax assets (D80

Deferred income tax assets (Details Textual) - USD ($) $ in Thousands	6 Months Ended
	Jun. 30, 2018	Dec. 31, 2017
Deferred Tax Assets [Line Items]
Deferred Tax Assets, Valuation Allowance	$ 6,304	$ 6,058
U.S [Member]
Deferred Tax Assets [Line Items]
Deferred Tax Assets, Valuation Allowance	$ 3,300
Amortizing Period Of Net Operating Loss	20 years
Non U.S [Member]
Deferred Tax Assets [Line Items]
Deferred Tax Assets, Valuation Allowance	$ 3,000
Amortizing Period Of Net Operating Loss	5 years

Loans (Details)

Loans (Details) $ in Thousands, ¥ in Millions		Jun. 30, 2018USD ($)	Dec. 31, 2017USD ($)	Nov. 13, 2017CNY (¥)	Nov. 13, 2017USD ($)	Aug. 17, 2017CNY (¥)	Aug. 17, 2017USD ($)
Debt Instrument [Line Items]
Short-term bank loans				¥ 2	$ 300	¥ 20	$ 3,200
Short-term government loan		$ 57,073	$ 72,711
Long-term bank and government loan	[1]	302	306
Total loans		57,375	73,017
China Construction Bank [Member]
Debt Instrument [Line Items]
Short-term bank loans	[2]	11,335	9,948
ICBC Macau [Member]
Debt Instrument [Line Items]
Short-term bank loans	[3],[4],[5]	28,858	30,454
Chinese government loan [Member]
Debt Instrument [Line Items]
Short-term bank loans	[6]	3,023	3,061
China CITIC Bank [Member]
Debt Instrument [Line Items]
Short-term bank loans	[7]	$ 13,857	$ 29,248
[1]	On November 13, 2017, the Company received a Chinese government loan of RMB 2.0 million, equivalent to approximately $0.3 million, with an interest rate of 4.75% per annum, which will mature on November 12, 2020. The Company must use the loans for the purpose as prescribed in the loan contracts. If the Company fails to do so, it will be charged penalty interest or trigger early repayment. The Company complied with such financial covenants as of June 30, 2018, and believes it will continue to comply with them.
[2]	These loans are secured by property, plant and equipment of the Company and are repayable within one year (See Note 9). As of June 30, 2018 and December 31, 2017, the weighted average interest rate was 4.8% and 4.7% per annum, respectively. Interest is to be paid monthly on the twentieth day of the applicable month or at maturity and the principal repayment is at maturity.
[3]	On April 25, 2017, Great Genesis entered into a credit facility agreement with Taishin Bank to obtain a non-revolving credit facility in the amount of $10.0 million, the “Taishin Bank Credit Facility”. The Taishin Bank Credit Facility expired on April 25, 2018 and was extended to March 20, 2019. As of June 30, 2018, the Taishin Bank Credit Facility has an annual interest rate of 3.9%. Interest is paid monthly and the principal repayment is payable at maturity. As security for the Taishin Bank Credit Facility, the Company’s subsidiary Henglong was required to provide Taishin Bank with a standby letter of credit for a total amount of not less than $10.0 million if the Taishin Bank Credit Facility is fully drawn.
[4]	On August 26, 2016, Brazil Henglong entered into a credit facility agreement with Bank of China (Brazil) to obtain a credit facility in the amount of $0.6 million, the “Bank of China Credit Facility”. The Bank of China Credit Facility expired on January 15, 2018. As security for the Bank of China Credit Facility, the Company’s subsidiary Hubei Henglong was required to provide Bank of China (Brazil) with a Standby Letter of Credit for a total amount of $0.9 million if the Bank of China Credit Facility were to be fully drawn. On August 26, 2016, Brazil Henglong drew down a loan amounting to $0.6 million provided by Bank of China (Brazil). The loan matured on January 15, 2018 and has an annual interest rate of 4.05%. Interest was paid semiannually and the principal repayment was at maturity. Hubei Henglong provided a Standby Letter of Credit for an amount of $0.9 million in favor of Bank of China (Brazil). Hubei Henglong’s Standby Letter of Credit was issued by Bank of China Jingzhou branch and was collateralized by long-term time deposits of Hubei Henglong of RMB 6.0 million, equivalent to approximately $0.9 million. The Company repaid this bank loan on January 16, 2018.
[5]	On On April 20, 2017, the Company entered into a credit facility agreement with ICBC Macau to obtain a non-revolving credit facility in the amount of $20.0 million, the “ICBC Macau Credit Facility”. The ICBC Macau Credit Facility expired on May 12, 2018 unless the Company draws down the line of credit in full prior to such expiration date, and the maturity date for the loan drawdown is the earlier of (i) 12 months from the date of drawdown or (ii) one month before the expiry of the standby letter of credit obtained by Henglong from ICBC Jingzhou as security for the Credit Facility, the “Henglong Standby Letter of Credit”. The interest rate of the loan drawn down under the ICBC Macau Credit Facility is calculated based on a three-month LIBOR plus 1.30% per annum, subject to the availability of funds and fluctuation at ICBC Macau’s discretion. Interest is calculated daily based on a 360-day year and it is fixed one day before the first day of each interest period. The interest period is defined as three months from the date of drawdown. As security for the ICBC Macau Credit Facility, the Company was required to provide ICBC Macau with a standby letter of credit for a total amount of not less than $25.3 million if the ICBC Macau Credit Facility is fully drawn. On May 5, 2017, the Company drew down the full amount of $20.0 million under the ICBC Macau Credit Facility and provided a standby letter of credit issued by ICBC Jingzhou for an amount of $24.1 million in favor of ICBC Macau. The standby letter of credit is collateralized by Henglong’s notes receivable of RMB 159.3 million, equivalent to approximately $24.1 million. The original maturity date of the Credit Facility was May 12, 2018 and was extended to November 11, 2018. The Company repaid $1.0 million to ICBC Macau on May 4, 2018. The maturity date for the loan under the extended term is the earlier of (i) 18 months from the date of drawdown or (ii) one month before the expiry of Henglong Standby Letter of Credit. Except for the above, all other terms and conditions as stipulated in the Credit Agreement remained unchanged. As of June 30, 2018, the interest rate of the Credit Facility was 3.7% per annum.
[6]	On August 17, 2017, the Company received an interest-free Chinese government loan of RMB 20.0 million, equivalent to approximately $3.2 million, which will mature on August 16, 2018. Henglong pledged RMB 20.0 million, equivalent to approximately $3.0 million, of notes receivable as security for the Chinese government loan (See Note 4).
[7]	On September 26, 2016, Henglong entered into a credit facility agreement with China CITIC Bank to obtain credit facilities in the amount of RMB 170.0 million (equivalent to $25.7 million as of June 30, 2018), the “Henglong CITIC Credit Facility”. The Henglong CITIC Credit Facility expired on September 26, 2017. As security for the Henglong CITIC Credit Facility, Henglong’s property, plant and equipment were pledged and Hubei Henglong provided a guarantee. On March 3, 2017, Henglong drew down loans amounting to RMB 32.5 million, RMB 32.5 million and 30.6 million (equivalent to $4.9 million, $4.9 million and $4.6 million as of June 30, 2018), respectively. The loans matured on February 5, 6 and 7, 2018, respectively. The annual interest rate of the loans was 4.99%. The principal and interest have been repaid. On October 27, 2017, Henglong entered into a credit facility agreement with China CITIC Bank to obtain credit facilities in the amount of RMB 226.0 million (equivalent to $34.2 million as of June 30, 2018), the “Henglong CITIC Credit Facility”. The Henglong CITIC Credit Facility will expire on October 27, 2018. As security for the Henglong CITIC Credit Facility, Henglong’s property, plant and equipment were pledged and Hubei Henglong provided a guarantee. Henglong provided Jielong with a Standby Letter of Credit under the Credit Facility. On January 25, 26 and 29, 2018, Jielong drew down loans amounting to RMB 29.5 million, RMB 20.7 million and 18.7 million (equivalent to $4.5 million, $3.1 million and $2.8 million), respectively. The loans matured on July 23, 24 and 26, 2018, respectively. The annual interest rate of the loans was 5.02%, 5.02% and 5.13%, respectively. The principal and interest have been repaid. On September 26, 2016, Hubei Henglong entered into a credit facility agreement with China CITIC Bank to obtain credit facilities in the amount of RMB 100.0 million (equivalent to $15.1 million as of June 30, 2018), the “Hubei Henglong CITIC Credit Facility”. The Hubei Henglong CITIC Credit Facility expired on September 26, 2017. Henglong provided a guarantee for the Hubei Henglong CITIC Credit Facility. On March 3, 2017, Hubei Henglong drew down loans amounting to RMB 28.7 million, RMB 28.7 million and 38.2 million (equivalent to $4.3 million, $4.3 million and $5.8 million), respectively. The loans matured on February 2, 8 and 9, 2018, respectively. The annual interest rate of the loans was 4.99%. The principal and interest have been repaid. On October 27, 2017, Henglong entered into a credit facility agreement with China CITIC Bank to obtain credit facilities in the amount of RMB 140.0 million (equivalent to $21.2 million as of June 30, 2018), the “Hubei Henglong CITIC Credit Facility”. The Hubei Henglong CITIC Credit Facility will expire on October 27, 2018. Henglong provided a guarantee for the Hubei Henglong CITIC Credit Facility. Hubei Henglong provided Jiulong with a St

Loans (Details Textual)

Loans (Details Textual) $ in Thousands, ¥ in Millions		May 04, 2018USD ($)	May 05, 2017CNY (¥)	Jan. 30, 2018CNY (¥)	Jan. 30, 2018USD ($)	Jan. 29, 2018CNY (¥)	Jan. 29, 2018USD ($)	Jan. 26, 2018CNY (¥)	Jan. 26, 2018USD ($)	Jan. 25, 2018CNY (¥)	Jan. 25, 2018USD ($)	Apr. 25, 2017USD ($)	Apr. 20, 2017USD ($)	Mar. 03, 2017CNY (¥)	Mar. 03, 2017USD ($)	Sep. 26, 2016CNY (¥)	Aug. 26, 2016USD ($)	Jun. 30, 2018USD ($)	Jul. 26, 2018	Jul. 24, 2018	Dec. 31, 2017USD ($)	Nov. 13, 2017CNY (¥)	Nov. 13, 2017USD ($)	Oct. 27, 2017CNY (¥)	Aug. 17, 2017CNY (¥)	Aug. 17, 2017USD ($)	May 05, 2017USD ($)	Apr. 28, 2017CNY (¥)	Apr. 28, 2017USD ($)
Debt Instrument [Line Items]
Short-term Debt, Weighted Average Interest Rate																		4.80%			4.70%
Line of Credit Facility, Interest Rate at Period End																						4.75%	4.75%
Financing Receivable, Net																		$ 39,200			$ 39,600
Short-term Debt, Total																						¥ 2	$ 300		¥ 20	$ 3,200
Debt Instrument, Collateral Amount																									¥ 20	$ 3,000
Line of Credit Facility, Expiration Date																Sep. 26, 2017
Line of Credit Facility, Maximum Borrowing Capacity																¥ 170		25,700
Proceeds from Lines of Credit								¥ 5.9	$ 900					¥ 32.5				$ 4,900
ICBC Macau [Member]
Debt Instrument [Line Items]
Non Revolving Credit Facility													$ 20,000														$ 20,000
Line of Credit, Current													$ 25,300														24,100
Line of Credit Facility, Expiration Date													May 12, 2018
Repayments of Long-term Lines of Credit		$ 1,000
Line of Credit Facility, Interest Rate During Period																		3.70%
Taishin Bank [Member]
Debt Instrument [Line Items]
Non Revolving Credit Facility												$ 10,000
Line of Credit Facility, Interest Rate at Period End												3.90%
Line of Credit, Current												$ 10,000
Line of Credit Facility, Expiration Date												Apr. 25, 2018
Credit Facility [Member]
Debt Instrument [Line Items]
Line of Credit, Current																													$ 9,900
Debt Instrument, Collateral Amount																													10,000
Henglong CITIC Credit Facility [Member]
Debt Instrument [Line Items]
Financing Receivable, Net			¥ 159.3																								$ 24,100
Line of Credit Facility, Maximum Borrowing Capacity																		$ 34,200						¥ 226
Hubei Henglong CITIC Credit Facility [Member]
Debt Instrument [Line Items]
Line of Credit Facility, Maximum Borrowing Capacity																		21,200						¥ 140
Industrial and Commercial Bank Of China Jingzhou Branch [Member]
Debt Instrument [Line Items]
Line of Credit Facility, Expiration Date			May 12, 2018
China CITIC Bank [Member]
Debt Instrument [Line Items]
Line of Credit Facility, Interest Rate at Period End						5.13%	5.13%	5.02%	5.02%	5.02%	5.02%
Short-term Debt, Total	[1]																	13,857			$ 29,248
Line of Credit Facility, Maximum Borrowing Capacity																¥ 100		15,100
China CITIC Bank [Member] | Henglong CITIC Credit Facility [Member]
Debt Instrument [Line Items]
Line of Credit Facility, Interest Rate at Period End																			5.79%	5.02%
Proceeds from Lines of Credit				¥ 15.7	$ 2,400	¥ 18.7	$ 2,800	¥ 20.7	$ 3,100	¥ 29.5	$ 4,500
China CITIC Bank [Member] | Henglong CITIC Credit Facility [Member] | Line Of Credit Maturity On 60218 [Member]
Debt Instrument [Line Items]
Proceeds from Lines of Credit														32.5				4,900
China CITIC Bank [Member] | Henglong CITIC Credit Facility [Member] | Line Of Credit Maturity On 70218 [Member]
Debt Instrument [Line Items]
Proceeds from Lines of Credit														30.6				$ 4,600
China CITIC Bank [Member] | Hubei Henglong CITIC Credit Facility [Member]
Debt Instrument [Line Items]
Line of Credit Facility, Interest Rate at Period End																4.99%
China CITIC Bank [Member] | Hubei Henglong CITIC Credit Facility [Member] | Line Of Credit Maturity On 50218 [Member]
Debt Instrument [Line Items]
Proceeds from Lines of Credit														28.7	$ 4,300
China CITIC Bank [Member] | Hubei Henglong CITIC Credit Facility [Member] | Line Of Credit Maturity On 60218 [Member]
Debt Instrument [Line Items]
Proceeds from Lines of Credit														28.7	4,300
China CITIC Bank [Member] | Hubei Henglong CITIC Credit Facility [Member] | Line Of Credit Maturity On 70218 [Member]
Debt Instrument [Line Items]
Proceeds from Lines of Credit														¥ 38.2	$ 5,800
Bank of China Brazil [Member]
Debt Instrument [Line Items]
Line of Credit, Current																	$ 600
Debt Instrument, Interest Rate, Stated Percentage																	4.05%
Debt Instrument, Collateral Amount																	$ 6,000
Line of Credit Facility, Expiration Date																	Jan. 15, 2018
Letters of Credit Outstanding, Amount																	$ 900
Debt Instrument, Face Amount																	$ 900
Industrial And Commercial Bank Of China Wuchang Branch [Member]
Debt Instrument [Line Items]
Short-term Non-bank Loans and Notes Payable																												¥ 4	600
Financing Receivable, Net																												¥ 79.4	$ 12,200
[1]	On September 26, 2016, Henglong entered into a credit facility agreement with China CITIC Bank to obtain credit facilities in the amount of RMB 170.0 million (equivalent to $25.7 million as of June 30, 2018), the “Henglong CITIC Credit Facility”. The Henglong CITIC Credit Facility expired on September 26, 2017. As security for the Henglong CITIC Credit Facility, Henglong’s property, plant and equipment were pledged and Hubei Henglong provided a guarantee. On March 3, 2017, Henglong drew down loans amounting to RMB 32.5 million, RMB 32.5 million and 30.6 million (equivalent to $4.9 million, $4.9 million and $4.6 million as of June 30, 2018), respectively. The loans matured on February 5, 6 and 7, 2018, respectively. The annual interest rate of the loans was 4.99%. The principal and interest have been repaid. On October 27, 2017, Henglong entered into a credit facility agreement with China CITIC Bank to obtain credit facilities in the amount of RMB 226.0 million (equivalent to $34.2 million as of June 30, 2018), the “Henglong CITIC Credit Facility”. The Henglong CITIC Credit Facility will expire on October 27, 2018. As security for the Henglong CITIC Credit Facility, Henglong’s property, plant and equipment were pledged and Hubei Henglong provided a guarantee. Henglong provided Jielong with a Standby Letter of Credit under the Credit Facility. On January 25, 26 and 29, 2018, Jielong drew down loans amounting to RMB 29.5 million, RMB 20.7 million and 18.7 million (equivalent to $4.5 million, $3.1 million and $2.8 million), respectively. The loans matured on July 23, 24 and 26, 2018, respectively. The annual interest rate of the loans was 5.02%, 5.02% and 5.13%, respectively. The principal and interest have been repaid. On September 26, 2016, Hubei Henglong entered into a credit facility agreement with China CITIC Bank to obtain credit facilities in the amount of RMB 100.0 million (equivalent to $15.1 million as of June 30, 2018), the “Hubei Henglong CITIC Credit Facility”. The Hubei Henglong CITIC Credit Facility expired on September 26, 2017. Henglong provided a guarantee for the Hubei Henglong CITIC Credit Facility. On March 3, 2017, Hubei Henglong drew down loans amounting to RMB 28.7 million, RMB 28.7 million and 38.2 million (equivalent to $4.3 million, $4.3 million and $5.8 million), respectively. The loans matured on February 2, 8 and 9, 2018, respectively. The annual interest rate of the loans was 4.99%. The principal and interest have been repaid. On October 27, 2017, Henglong entered into a credit facility agreement with China CITIC Bank to obtain credit facilities in the amount of RMB 140.0 million (equivalent to $21.2 million as of June 30, 2018), the “Hubei Henglong CITIC Credit Facility”. The Hubei Henglong CITIC Credit Facility will expire on October 27, 2018. Henglong provided a guarantee for the Hubei Henglong CITIC Credit Facility. Hubei Henglong provided Jiulong with a St

Accounts and notes payable (Det

Accounts and notes payable (Details) - USD ($) $ in Thousands		Jun. 30, 2018	Dec. 31, 2017
Accounts And Notes Payable [Line Items]
Accounts payable - unrelated parties		$ 143,858	$ 149,200
Notes payable - unrelated parties	[1]	68,578	83,848
Accounts and notes payable- unrelated parties		212,436	233,048
Accounts payable - related parties		6,913	7,168
Balance at end of period		$ 219,349	$ 240,216
[1]	Notes payable represent accounts payable in the form of notes issued by the Company. The notes are endorsed by banks to ensure that noteholders will be paid after maturity. The Company has pledged cash deposits, short-term investments, notes receivable and certain property, plant and equipment to secure notes payable granted by banks.

Accrued expenses and other pa84

Accrued expenses and other payables (Details) - USD ($) $ in Thousands		Jun. 30, 2018	Dec. 31, 2017
Accrued Expenses [Line Items]
Accrued expenses		$ 6,367	$ 7,944
Accrued interest		140	1,347
Dividends payable to holders of non-controlling interests	[1]	538	0
Current portion of other long-term payable		3,401	0
Other payables		1,274	1,803
Warranty reserves	[2]	29,779	29,033
Total		$ 41,499	$ 40,127
[1]	In accordance with the resolution of the Board of Directors of Shenyang, in the second quarter of 2018, Shenyang declared a dividend amounting to $1.9 million to its shareholders, of which $0.5 million was payable to the holders of the non-controlling interests. As of June 30, 2018, the dividends have not been paid.
[2]	The Company provides for the estimated cost of product warranties when the products are sold. Such estimates of product warranties are based on, among other things, historical experience, product changes, material expenses, services and transportation expenses arising from the manufactured products. Estimates will be adjusted on the basis of actual claims and circumstances.

Accrued expenses and other pa85

Accrued expenses and other payables (Details 1) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended		12 Months Ended
	Jun. 30, 2018	Jun. 30, 2017	Jun. 30, 2018	Jun. 30, 2017	Dec. 31, 2017
Accrued Expenses [Line Items]
Balance at beginning of the period	$ 30,201	$ 25,738	$ 29,033	$ 26,225	$ 26,225
Additions during the period	5,617	3,680	9,865	6,756	23,354
Settlement within period	(4,499)	(5,189)	(8,705)	(8,608)	(22,034)
Foreign currency translation loss/(gain)	(1,540)	(331)	(414)	(475)	1,488
Balance at end of the period	$ 29,779	$ 23,898	$ 29,779	$ 23,898	$ 29,033

Accrued expenses and other pa86

Accrued expenses and other payables (Details Textual) - USD ($) $ in Thousands		Jun. 30, 2018	Dec. 31, 2017
Dividends Payable To Holders Of NonControlling Interests	[1]	$ 538	$ 0
Dividend Declared [Member]
Dividends Payable		1,900
Dividends Payable To Holders Of NonControlling Interests		$ 500
[1]	In accordance with the resolution of the Board of Directors of Shenyang, in the second quarter of 2018, Shenyang declared a dividend amounting to $1.9 million to its shareholders, of which $0.5 million was payable to the holders of the non-controlling interests. As of June 30, 2018, the dividends have not been paid.

Taxes payable (Details)

Taxes payable (Details) - USD ($) $ in Thousands		Jun. 30, 2018	Dec. 31, 2017
Taxes Payable [Line Items]
Value-added tax payable		$ 3,183	$ 1,813
Income tax payable		6,544	3,450
Other tax payable		681	664
Long-term taxes payable	[1]	29,874	32,719
Total		$ 40,282	$ 38,646
[1]	A one-time transition tax of $35.6 million was recognized in the fourth quarter of 2017 that represented management’s estimate of the amount of U.S. corporate income tax based on the deemed repatriation to the United States of the Company’s share of previously deferred earnings of certain non-U.S. subsidiaries of the Company mandated by the U.S. Tax Reform. The Company elected to pay the one-time transition tax over eight years commencing in April 2018. As of June 30, 2018 and December 31, 2017, $5.7 million and $2.8 million was included in taxes payable as a current liability which the Company believes will be paid within one year and the remaining balance was included in long-term taxes payable. See Note 24 for more details about the U.S. Tax Reform.

Taxes payable (Details Textual)

Taxes payable (Details Textual) - USD ($) $ in Millions	Jun. 30, 2018	Dec. 31, 2017
Taxes Payable [Line Items]
One-Time Transition Tax Payable,Noncurren		$ 35.6
One-Time Transition Tax Payable,Current	$ 5.7	$ 2.8

Advances payable (Details Textu

Advances payable (Details Textual) - USD ($) $ in Millions	Jun. 30, 2018	Dec. 31, 2017
Advance Payable [Line Items]
Advances payable	$ 0.7	$ 0.7

Other long-term payable (Detail

Other long-term payable (Details Textual) - USD ($) $ in Thousands	1 Months Ended	6 Months Ended
	Jan. 31, 2018	Jun. 30, 2018	Jun. 30, 2017	Dec. 31, 2017
Cash	$ 15,100
Other Accrued Liabilities, Current		$ 1,274		$ 1,803
Other Long-term Debt, Noncurrent		10,843		$ 0
Payments to Acquire Property, Plant, and Equipment	13,800	17,299	$ 10,178
Sale Leaseback Transaction, Quarterly Rental Payments	$ 1,100
Capital Lease Obligations [Member]
Other Accrued Liabilities, Current		3,400
Other Long-term Debt, Noncurrent		$ 10,800

Additional paid-in capital (Det

Additional paid-in capital (Details) - USD ($) $ in Thousands		6 Months Ended		12 Months Ended
		Jun. 30, 2018	Jun. 30, 2017	Dec. 31, 2017
Additional Paid In Capital [Line Items]
Balance at beginning of the period		$ 64,406	$ 64,764	$ 64,764
Acquisition of the non-controlling interest in Brazil Henglong	[1]	0	(458)	(458)
Share-based compensation	[2]	0	0	100
Balance at end of the period		$ 64,406	$ 64,306	$ 64,406
[1]	In May 2017, the Company obtained an additional 15.84% equity interest in Brazil Henglong for nil consideration. The Company retained its controlling interest in Brazil Henglong and the acquisition of the non-controlling interest was accounted for as an equity transaction.
[2]	On August 16, 2017, the Company granted 22,500 stock options to the Company’s independent directors, with the exercise price equal to the closing price of the Company’s common stock traded on NASDAQ one day before the date of grant. The fair value of the stock options was determined at the date of grant using the Black-Scholes option pricing model. The Black-Scholes option model requires management to make various estimates and assumptions, including expected term, expected volatility, risk-free rate and dividend yield. The expected term represents the period of time that stock-based compensation awards granted are expected to be outstanding and is estimated based on considerations including the vesting period, contractual term and anticipated employee exercise patterns. Expected volatility is based on the historical volatility of the Company’s stock. The risk-free rate is based on the U.S. Treasury yield curve in relation to the contractual life of stock-based compensation instruments. The dividend yield assumption is based on historical patterns and future expectations for the Company’s dividends.

Additional paid-in capital (D92

Additional paid-in capital (Details 1)	6 Months Ended
	Jun. 30, 2018
Additional Paid In Capital [Line Items]
Issuance Date	Aug. 16, 2017
Expected volatility	54.80%
Risk-free rate	1.79%
Expected term (years)	5 years
Dividend yield	0.00%

Additional paid-in capital (D93

Additional paid-in capital (Details Textual) - USD ($) $ in Millions	1 Months Ended	12 Months Ended
	Aug. 16, 2017	Dec. 31, 2017	May 31, 2017
Additional Paid In Capital [Line Items]
Share-based Compensation Arrangement By Share-based Payment Award Options Exercisable Grant Date Fair Value		$ 0.1
Allocated Share-based Compensation Expense		$ 0.1
Equity Method Investment, Ownership Percentage			15.84%
Employee Stock Option [Member]
Additional Paid In Capital [Line Items]
Share-based Compensation Arrangement by Share-based Payment Award, Options, Grants in Period, Gross	22,500

Retained earnings (Details)

Retained earnings (Details) - USD ($) $ in Thousands	6 Months Ended		12 Months Ended
	Jun. 30, 2018	Jun. 30, 2017	Dec. 31, 2017
Retained Earnings Adjustments [Line Items]
Balance at beginning of the period	$ 10,707	$ 10,549	$ 10,549
Appropriation of retained earnings	123	124	158
Balance at end of the period	$ 10,830	$ 10,673	$ 10,707

Retained earnings (Details 1)

Retained earnings (Details 1) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended		12 Months Ended
	Jun. 30, 2018	Jun. 30, 2017	Jun. 30, 2018	Jun. 30, 2017	Dec. 31, 2017
Retained Earnings Adjustments [Line Items]
Balance at beginning of the period			$ 209,459	$ 228,963	$ 228,963
Net income/(loss) attributable to parent company	$ 847	$ 8,921	5,159	14,635	(19,346)
Appropriation of retained earnings			(123)	(124)	(158)
Balance at end of the period	$ 214,495	$ 243,474	$ 214,495	$ 243,474	$ 209,459

Retained earnings (Details Text

Retained earnings (Details Textual) - 6 months ended Jun. 30, 2018 ¥ in Millions, $ in Millions	CNY (¥)	USD ($)
Retained Earnings Adjustments [Line Items]
Statutory Accounting Practices Statutory Surplus Required Percentage	10.00%
Percentage Of Statutory Surplus Reserve	50.00%
JingzhouHenglong Automotive Parts Co Ltd [Member]
Retained Earnings Adjustments [Line Items]
Statutory Accounting Practices, Statutory Capital and Surplus Required		$ 10
Shashi Jiulong Power Steering Gears Co Ltd [Member]
Retained Earnings Adjustments [Line Items]
Statutory Accounting Practices, Statutory Capital and Surplus Required	¥ 35	4.2
Shenyang Jinbei Henglong Automotive Steering System Co Ltd [Member]
Retained Earnings Adjustments [Line Items]
Statutory Accounting Practices, Statutory Capital and Surplus Required	67.5	8.1
Universal Sensor Application Inc [Member]
Retained Earnings Adjustments [Line Items]
Statutory Accounting Practices, Statutory Capital and Surplus Required		2.6
Wuhan Jielong Electric Power Steering Co Ltd [Member]
Retained Earnings Adjustments [Line Items]
Statutory Accounting Practices, Statutory Capital and Surplus Required		6
Wuhu Henglong Automotive Steering System Co Ltd [Member]
Retained Earnings Adjustments [Line Items]
Statutory Accounting Practices, Statutory Capital and Surplus Required	30	3.8
Hubei Henglong Automotive System Group Co Ltd [Member]
Retained Earnings Adjustments [Line Items]
Statutory Accounting Practices, Statutory Capital and Surplus Required		39
Chongqing Henglong Hongyan Automotive Systems Co Ltd [Member]
Retained Earnings Adjustments [Line Items]
Statutory Accounting Practices, Statutory Capital and Surplus Required	¥ 60	$ 9.5

Accumulated other comprehensi97

Accumulated other comprehensive income (Details) - USD ($) $ in Thousands	6 Months Ended		12 Months Ended
	Jun. 30, 2018	Jun. 30, 2017	Dec. 31, 2017
Accumulated Other Comprehensive Income (Loss) [Line Items]
Balance at beginning of the period	$ 17,780	$ (892)	$ (892)
Other comprehensive income related to the non-controlling interests acquired by the Company	0	(67)	(67)
Foreign currency translation adjustment attributable to parent company	(4,161)	7,194	18,739
Balance at end of the period	$ 13,619	$ 6,235	$ 17,780

Non-controlling interests (Deta

Non-controlling interests (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended		12 Months Ended
	Jun. 30, 2018	Jun. 30, 2017	Jun. 30, 2018	Jun. 30, 2017	Dec. 31, 2017
Noncontrolling Interest [Line Items]
Balance at beginning of the period			$ 6,681	$ 5,412	$ 5,412
(Loss)/income attributable to non-controlling interests	$ 149	$ (40)	(131)	184	707
Dividends declared to the non-controlling interest holders of joint-venture companies			(538)	(608)	(608)
Acquisition of the non-controlling interest in Brazil Henglong			0	458	458
Other comprehensive income related to the non-controlling interests acquired by the Company			0	67	67
Foreign currency translation adjustment attributable to non-controlling interests			(64)	249	645
Balance at end of the period	$ 5,948	$ 5,762	$ 5,948	$ 5,762	$ 6,681

Gain on other sales (Details Te

Gain on other sales (Details Textual) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2018	Jun. 30, 2017	Jun. 30, 2018	Jun. 30, 2017
Gain on other sales disclosure [Line Items]
Gain (Loss) On Other Sales	$ 977	$ 4,555	$ 2,490	$ 5,343
Increase (Decrease) In Gain (Loss) On Other Sale			$ 2,800	$ 2,200

Financial income, net (Details)

Financial income, net (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2018	Jun. 30, 2017	Jun. 30, 2018	Jun. 30, 2017
Financial Expenses [Line Items]
Interest income			$ 944	$ 1,481
Foreign exchange loss, net			(641)	(242)
Bank fees			(171)	(357)
Total financial income, net	$ 897	$ 550	$ 132	$ 882

Income tax rate (Details Textua

Income tax rate (Details Textual) R$ in Thousands, $ in Thousands	1 Months Ended	3 Months Ended			6 Months Ended			12 Months Ended
	Jan. 01, 2008	Jun. 30, 2018	Dec. 31, 2017USD ($)	Jun. 30, 2017	Jun. 30, 2018USD ($)	Jun. 30, 2018BRL (R$)	Jun. 30, 2017	Dec. 31, 2018	Dec. 31, 2017USD ($)	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Income Tax Disclosure [Line Items]
Tax rate					35.00%	35.00%
Withholding Tax Percentage Applicable To Foreign Investors As Non Resident Enterprises	10.00%
Percentage Owned In Holding Company To Avail Withholding Tax Of Five Percent					25.00%	25.00%	25.00%
Undistributed Earnings, Basic					$ 298,900				$ 294,200
Tax Provision On Retained Earning Not Reinvested					$ 29,900				$ 29,400
Effective Income Tax Rate Reconciliation, State and Local Income Taxes					15.00%	15.00%
Effective Income Tax Rate Reconciliation, Foreign Income Tax Rate Differential					50.00%	50.00%
Increase In Income Tax Expense Benefit Percentage		15.80%		19.60%	14.90%	14.90%	18.50%
Description Of With Holding Tax Rate On Dividend					According to the Mainland China and Hong Kong Taxation Arrangement, dividends paid by a foreign-invested enterprise in China to its direct holding company in Hong Kong would be subject to withholding tax at a rate of 10% if Genesis could not obtain the Hong Kong tax resident certificate from the Hong Kong Inland Revenue Department. If Genesis obtains the Hong Kong tax resident certificate, owns directly at least 25% of the shares of the foreign invested enterprise and is qualified as the beneficial owner, it could benefit from a lower rate of 5%.	According to the Mainland China and Hong Kong Taxation Arrangement, dividends paid by a foreign-invested enterprise in China to its direct holding company in Hong Kong would be subject to withholding tax at a rate of 10% if Genesis could not obtain the Hong Kong tax resident certificate from the Hong Kong Inland Revenue Department. If Genesis obtains the Hong Kong tax resident certificate, owns directly at least 25% of the shares of the foreign invested enterprise and is qualified as the beneficial owner, it could benefit from a lower rate of 5%.
Effective Income Tax Rate Reconciliation, transition tax, amount			$ 35,600
Effective Income Tax Rate Reconciliation, at Federal Statutory Income Tax Rate, Percent					35.00%	35.00%
Scenario, Plan [Member]
Income Tax Disclosure [Line Items]
Tax rate								21.00%
Effective Income Tax Rate Reconciliation, at Federal Statutory Income Tax Rate, Percent								21.00%
Shashi Jiulong Power Steering Gears Co Ltd [Member]
Income Tax Disclosure [Line Items]
Effective Income Tax Rate Reconciliation, State and Local Income Taxes									15.00%	15.00%		15.00%
JingzhouHenglong Automotive Parts Co Ltd [Member]
Income Tax Disclosure [Line Items]
Effective Income Tax Rate Reconciliation, State and Local Income Taxes									15.00%	15.00%		15.00%
Shenyang Jinbei Henglong Automotive Steering System Co Ltd [Member]
Income Tax Disclosure [Line Items]
Effective Income Tax Rate Reconciliation, State and Local Income Taxes										15.00%	15.00%
Wuhu Henglong Automotive Steering System Co Ltd [Member]
Income Tax Disclosure [Line Items]
Effective Income Tax Rate Reconciliation, State and Local Income Taxes									15.00%			15.00%
Wuhan Jielong Electric Power Steering Co Ltd [Member]
Income Tax Disclosure [Line Items]
Effective Income Tax Rate Reconciliation, State and Local Income Taxes											15.00%	15.00%	15.00%
Hubei Henglong Automotive System Group Co Ltd [Member]
Income Tax Disclosure [Line Items]
Effective Income Tax Rate Reconciliation, State and Local Income Taxes									15.00%	15.00%	15.00%	15.00%
Hong Kong Enterprise [Member]
Income Tax Disclosure [Line Items]
Effective Income Tax Rate Reconciliation, State and Local Income Taxes					16.50%	16.50%			16.50%
CAAS Brazils Imports and Trade In Automotive Parts Ltd [Member]
Income Tax Disclosure [Line Items]
Effective Income Tax Rate Reconciliation, Foreign Income Tax Rate Differential					10.00%	10.00%
Additional Tax Payable Subject To Residential Status					$ 120	R$ 240
United States [Member]
Income Tax Disclosure [Line Items]
Deferred State and Local Income Tax Expense (Benefit)					4,200
Undistributed Earnings, Basic					$ 42,100
CAAS Brazils Imports and Trade In Automotive Part Ltd [Member]
Income Tax Disclosure [Line Items]
Effective Income Tax Rate Reconciliation, State and Local Income Taxes					15.00%	15.00%

Income per share (Details)

Income per share (Details) - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended		6 Months Ended		12 Months Ended
	Jun. 30, 2018	Jun. 30, 2017	Jun. 30, 2018	Jun. 30, 2017	Dec. 31, 2017
Numerator:
Net income attributable to the parent company's common shareholders - Basic and Diluted	$ 847	$ 8,921	$ 5,159	$ 14,635	$ (19,346)
Denominator:
Weighted average shares outstanding	31,644,004	31,644,004	31,644,004	31,644,004
Dilutive effects of stock options	3,301	5,318	1,651	5,611
Denominator for dilutive income per share - Diluted	31,647,305	31,649,322	31,645,655	31,649,615
Net income per share attributable to parent company's common shareholders
Basic	$ 0.03	$ 0.28	$ 0.16	$ 0.46
Diluted	$ 0.03	$ 0.28	$ 0.16	$ 0.46

Income per share (Details Textu

Income per share (Details Textual) - shares	6 Months Ended
	Jun. 30, 2018	Jun. 30, 2017
Equity Option [Member]
Earnings Per Share, Basic and Diluted [Line Items]
Antidilutive Securities Excluded from Computation of Earnings Per Share, Amount	112,500	90,000

Significant concentrations (Det

Significant concentrations (Details Textual)	6 Months Ended
	Jun. 30, 2018	Jun. 30, 2017
Unusual Risk or Uncertainty [Line Items]
Minimum Percentage Of Profit Allocated To Foreign Investment	10.00%
Registered Capital Percentage	50.00%
Sales Revenue, Net [Member]
Unusual Risk or Uncertainty [Line Items]
Concentration Risk, Percentage	10.00%	10.00%
Ten Largest Customers [Member] | Sales Revenue, Net [Member]
Unusual Risk or Uncertainty [Line Items]
Concentration Risk, Percentage	40.20%	37.00%
Customer One [Member]
Unusual Risk or Uncertainty [Line Items]
Accounts Receivable Trade Percentage	5.50%	4.30%
Customer One [Member] | Sales Revenue, Net [Member]
Unusual Risk or Uncertainty [Line Items]
Concentration Risk, Percentage	17.60%	13.20%
Customer Two [Member]
Unusual Risk or Uncertainty [Line Items]
Accounts Receivable Trade Percentage	10.00%	10.00%

Related party transactions a105

Related party transactions and balances (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2018	Jun. 30, 2017	Jun. 30, 2018	Jun. 30, 2017	Dec. 31, 2017
Related receivables
Accounts and notes receivable, net - related parties	$ 20,826		$ 20,826		$ 19,086
Related advances
Advance payments for property, plant and equipment to related parties	6,672		6,672		5,264
Advanced payments and others to related parties	1,006		1,006		20,841
Related payables
Accounts and notes payable	6,913		6,913		7,168
Related Loans
Related party loan			0	$ 29,182
Related Party [Member]
Related sales
Merchandise sold to related parties	11,399	$ 9,125	22,793	18,977
Related purchases
Related parties	9,673	7,788	19,219	18,285
Related advances
Total	7,681		7,681		26,105
Related Party [Member] | Raw Materials And Others [Member]
Related sales
Merchandise sold to related parties	498	510	944	811
Related Party [Member] | Rental Income [Member]
Related sales
Merchandise sold to related parties	45	32	147	46
Equipment [Member] | Related Party [Member]
Related purchases
Related parties	2,037	1,412	3,285	4,424
Materials [Member] | Related Party [Member]
Related purchases
Related parties	7,428	6,283	15,677	13,645
Advanced Equipment [Member] | Related Party [Member]
Related advances
Advance payments for property, plant and equipment to related parties	6,672		6,672		5,264
Merchandise [Member] | Related Party [Member]
Related sales
Merchandise sold to related parties	10,856	8,583	21,702	18,120
Other purchased [Member] | Related Party [Member]
Related purchases
Related parties	208	$ 93	257	$ 216
Accounts Receivable [Member] | Related Party [Member]
Related receivables
Accounts and notes receivable, net - related parties	20,826		20,826		19,086
Other Advance Payments [Member] | Related Party [Member]
Related advances
Advanced payments and others to related parties	$ 1,009		$ 1,009		$ 20,841

Commitments and contingencie106

Commitments and contingencies (Details) $ in Thousands	Jun. 30, 2018USD ($)
Commitments and Contingencies Disclosure [Line Items]
2,018	$ 28,618	[1]
2,019	14,045
2,020	2,297
2,021	0
Thereafter	0
Total	44,960
Obligations for investment contracts [Member]
Commitments and Contingencies Disclosure [Line Items]
2,018	5,441	[1]
2,019	3,446	[1]
2,020	2,297	[1]
2,021	0	[1]
Thereafter	0	[1]
Total	11,184	[1]
Obligations for purchasing and service [Member]
Commitments and Contingencies Disclosure [Line Items]
2,018	23,177	[1]
2,019	10,599
2,020	0
2,021	0
Thereafter	0
Total	$ 33,776
[1]	In May 2016, Hubei Henglong entered into an agreement with other parties to establish a venture capital fund, the “Chongqing Venture Fund”. Hubei Henglong has committed to make investments of RMB 120.0 million, equivalent to approximately $18.1 million, in the Chongqing Venture Fund in three installments. As of June 30, 2018, Hubei Henglong has completed a capital contribution of RMB 84.0 million, equivalent to approximately $12.7 million, representing 35.0% of the Chongqing Venture Fund’s shares. According to the agreement, the remaining capital commitment of RMB 36.0 million, equivalent to approximately $5.4 million, will be paid upon capital calls received from the Chongqing Venture Fund. In March 2018, Hubei Henglong entered into an agreement with other parties to establish a venture capital fund, the “Hubei Venture Fund”. Hubei Henglong has committed to make an investment of RMB 76.0 million, equivalent to approximately $12.1 million, in the Hubei Venture Fund in three installments, representing 38% of the Hubei Venture Fund’s shares. As of June 30, 2018, Hubei Henglong has completed a capital contribution of RMB 38.0 million, equivalent to approximately $5.7 million. According to the agreement, the remaining capital commitment of RMB 38.0 million, equivalent to approximately $5.7 million, will be paid upon capital calls received from the Hubei Venture Fund.

Commitments and contingencie107

Commitments and contingencies (Details Textual) ¥ in Millions, $ in Millions	Jun. 30, 2018CNY (¥)	Jun. 30, 2018USD ($)	Mar. 31, 2018CNY (¥)	Mar. 31, 2018USD ($)	May 31, 2017	Oct. 31, 2016USD ($)	May 31, 2016CNY (¥)	May 31, 2016USD ($)	Sep. 22, 2014USD ($)
Commitments and Contingencies Disclosure [Line Items]
Capital	¥ 5.7	$ 12.7	¥ 11.5			$ 0.5		$ 18.1	$ 7.6
Equity Method Investment, Ownership Percentage					15.84%
Chongquing Venture Fund [Member]
Commitments and Contingencies Disclosure [Line Items]
Unpaid Capital	36	5.4
Chongquing Venture Fund [Member] | Hubei Henglong [Member]
Commitments and Contingencies Disclosure [Line Items]
Capital	¥ 84	$ 12.7					¥ 120	$ 18.1
Equity Method Investment, Ownership Percentage	35.00%	35.00%
Hubei Venture Fund [Member]
Commitments and Contingencies Disclosure [Line Items]
Unpaid Capital	¥ 38	$ 5.7
Hubei Venture Fund [Member] | Hubei Henglong [Member]
Commitments and Contingencies Disclosure [Line Items]
Capital	¥ 38	$ 5.7	¥ 76	$ 12.1
Equity Method Investment, Ownership Percentage			38.00%	38.00%

Segment reporting (Details)

Segment reporting (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2018	Jun. 30, 2017	Jun. 30, 2018	Jun. 30, 2017
Segment Reporting Information [Line Items]
Net Product Sales	$ 125,782	$ 117,660	$ 259,800	$ 236,968
Net Income (Loss)	996	8,881	5,028	14,819
Consolidation, Eliminations [Member]
Segment Reporting Information [Line Items]
Net Product Sales	(29,782)	(27,334)	(54,380)	(46,102)
Net Income (Loss)	(1,660)	(1,507)	(1,203)	(1,382)
Corporate Segment [Member]
Segment Reporting Information [Line Items]
Net Product Sales	0	0	0	0
Net Income (Loss)	(1,582)	3,211	(1,018)	3,043
JingzhouHenglong Automotive Parts Co Ltd [Member]
Segment Reporting Information [Line Items]
Net Product Sales	60,301	64,478	129,197	135,312
Net Income (Loss)	(1,530)	2,295	(1,842)	5,614
Shashi Jiulong Power Steering Gears Co Ltd [Member]
Segment Reporting Information [Line Items]
Net Product Sales	30,962	27,161	58,407	49,447
Net Income (Loss)	956	2,186	1,411	3,576
Shenyang Jinbei Henglong Automotive Steering System Co Ltd [Member]
Segment Reporting Information [Line Items]
Net Product Sales	8,866	10,665	15,214	18,669
Net Income (Loss)	534	323	(84)	785
Wuhu Henglong Automotive Steering System Co Ltd [Member]
Segment Reporting Information [Line Items]
Net Product Sales	5,565	5,644	10,201	11,752
Net Income (Loss)	(483)	167	(880)	97
Hubei Henglong Automotive System Group Co Ltd [Member]
Segment Reporting Information [Line Items]
Net Product Sales	28,717	23,896	62,110	42,029
Net Income (Loss)	3,273	2,249	6,362	2,487
Other Sectors [Member]
Segment Reporting Information [Line Items]
Net Product Sales	21,153	13,150	39,051	25,861
Net Income (Loss)	1,488	(43)	2,282	599
Total Segments [Member]
Segment Reporting Information [Line Items]
Net Product Sales	155,564	144,994	314,180	283,070
Net Income (Loss)	$ 4,238	$ 7,177	$ 7,249	$ 13,158

Segment reporting (Details Text

Segment reporting (Details Textual)	6 Months Ended
	Jun. 30, 2018	Jun. 30, 2017
Sales Revenue, Net [Member]
Segment Reporting Information [Line Items]
Concentration Risk, Percentage	10.00%	10.00%