|
INCOME TAX EXPENSE (Details) (USD $)
In Thousands, except Per Share data, unless otherwise specified
|
12 Months Ended |
|
Dec. 31, 2013
|
Dec. 31, 2012
|
Dec. 31, 2011
|
| Income tax expenses |
|
|
|
| Income tax rate (as a percent) |
25.00% |
25.00% |
25.00% |
| Income (loss) before income tax expense |
$ 956 |
$ 1,395 |
$ (53,481) |
| Components of income tax expenses |
|
|
|
| Current income tax expenses |
3,956 |
7,013 |
2,113 |
| Deferred income tax benefit |
(482) |
(562) |
(586) |
| Income tax expenses |
3,474 |
6,451 |
1,527 |
| Reconciliation of the effective income tax provisions to the amount computed by applying the statutory tax rate to (loss) income before income taxes |
|
|
|
| Taxation at PRC statutory tax rate of 25% |
239 |
349 |
(13,370) |
| Effect of non-PRC entities not subject to income tax |
856 |
2,161 |
4,564 |
| Effect of tax holiday |
(8) |
(466) |
|
| Effect of preferential tax rate |
(119) |
(14) |
(248) |
| Current and deferred tax rate differential |
762 |
1,167 |
1,015 |
| Deemed interest income |
46 |
276 |
1,010 |
| Non-deductible expenses |
1,447 |
3,041 |
4,337 |
| Change in valuation allowance |
1,041 |
575 |
3,818 |
| Impact of changes in enacted tax rates |
|
|
(325) |
| Prior year tax audit adjustment |
|
|
190 |
| PRC withholding tax on the outside basis difference of the discontinued operations |
|
|
136 |
| Provision for (reversal of) PRC dividend withholding tax |
300 |
(296) |
400 |
| Effect of changes in the tax basis of property, plant and equipment |
(391) |
(225) |
|
| Reduction to unrecognized tax benefits due to lapse of statute of limitations |
(699) |
(117) |
|
| Income tax expenses |
3,474 |
6,451 |
1,527 |
| Effective Tax Rate (as a percent) |
363.39% |
462.44% |
(2.86%) |
| Effect of tax holidays on basic and diluted loss per share |
|
|
|
| Aggregate amount |
8 |
466 |
|
| Basic and diluted (in dollars per share) |
|
$ 0.003 |
|
| Reconciliation of accrued unrecognized tax benefits |
|
|
|
| Balance at the beginning of the period |
6,077 |
6,093 |
3,743 |
| Addition for tax positions taken in the current year |
464 |
396 |
459 |
| Reclassified from income tax payable for tax positions of prior years |
1,729 |
1,138 |
2,336 |
| Reduction for tax positions of prior years |
(27) |
(171) |
(87) |
| Lapse of statute of limitations |
(669) |
(117) |
|
| Reclassified to liabilities directly associated with the assets classified as held-for-sale or disposal of discontinued operations |
|
(1,276) |
(618) |
| Foreign currency translation |
211 |
14 |
260 |
| Balance at the end of the period |
7,785 |
6,077 |
6,093 |
| Unrecognized tax benefits, which if recognized, would affect the effective tax rate |
5,481 |
4,159 |
|
| Portion of unrecognized tax benefits presented on a net basis as deferred tax asset related to net operating loss |
1,582 |
986 |
|
| Interest on unrecognized tax benefits recognized in interest expense |
68 |
576 |
457 |
| Unrecognized tax benefits included in other non-current liabilities |
6,203 |
5,091 |
|
| Accrued interests on unrecognized tax benefits |
1,697 |
1,583 |
|
| Penalty recognized in relation to unrecognized tax benefits |
0 |
|
|
|
PRC
|
|
|
|
| Income tax expenses |
|
|
|
| Income tax rate (as a percent) |
25.00% |
|
|
| Income tax exemption period |
2 years |
|
|
| Income tax rate reduction period |
3 years |
|
|
| Percentage of tax reduction |
50.00% |
|
|
| Income (loss) before income tax expense |
4,379 |
10,037 |
(35,229) |
|
PRC | From 2010 to 2020
|
|
|
|
| Income tax expenses |
|
|
|
| Preferential income tax rate (as a percent) |
15.00% |
|
|
|
PRC | From 2010 to 2020 | Binglangjiang
|
|
|
|
| Income tax expenses |
|
|
|
| Preferential income tax rate (as a percent) |
15.00% |
|
|
|
PRC | From 2010 to 2020 | Husahe
|
|
|
|
| Income tax expenses |
|
|
|
| Preferential income tax rate (as a percent) |
15.00% |
|
|
|
PRC | From 2010 to 2011 | Liyuan
|
|
|
|
| Income tax expenses |
|
|
|
| Preferential income tax rate (as a percent) |
7.50% |
|
|
|
PRC | From 2010 to 2011 | Hengda
|
|
|
|
| Income tax expenses |
|
|
|
| Preferential income tax rate (as a percent) |
7.50% |
|
|
|
PRC | From 2012 to 2020 | Liyuan
|
|
|
|
| Income tax expenses |
|
|
|
| Preferential income tax rate (as a percent) |
15.00% |
|
|
|
PRC | From 2012 to 2020 | Hengda
|
|
|
|
| Income tax expenses |
|
|
|
| Preferential income tax rate (as a percent) |
15.00% |
|
|
|
PRC | From 2014 to 2020 | Xineng
|
|
|
|
| Income tax expenses |
|
|
|
| Preferential income tax rate (as a percent) |
15.00% |
|
|
|
PRC | From 2014 to 2020 | Xiaopengzu
|
|
|
|
| Income tax expenses |
|
|
|
| Preferential income tax rate (as a percent) |
15.00% |
|
|
|
PRC | From 2014 to 2020 | Dazhaihe
|
|
|
|
| Income tax expenses |
|
|
|
| Preferential income tax rate (as a percent) |
15.00% |
|
|
|
PRC | In 2011 | Dazhaihe
|
|
|
|
| Income tax expenses |
|
|
|
| Preferential income tax rate (as a percent) |
7.50% |
|
|
|
PRC | From 2012 to 2013 | Dazhaihe
|
|
|
|
| Income tax expenses |
|
|
|
| Preferential income tax rate (as a percent) |
12.50% |
|
|
|
PRC | From 2010 to 2012 | Banzhu
|
|
|
|
| Income tax expenses |
|
|
|
| Preferential income tax rate (as a percent) |
12.50% |
|
|
|
PRC | From 2011 to 2013 | Xineng
|
|
|
|
| Income tax expenses |
|
|
|
| Preferential income tax rate (as a percent) |
7.50% |
|
|
|
PRC | From 2011 to 2013 | Xiaopengzu
|
|
|
|
| Income tax expenses |
|
|
|
| Preferential income tax rate (as a percent) |
7.50% |
|
|
|
Cayman Islands
|
|
|
|
| Income tax expenses |
|
|
|
| Income (loss) before income tax expense |
(2,943) |
(7,962) |
(17,593) |
|
Hong Kong
|
|
|
|
| Income tax expenses |
|
|
|
| Tax rate (as a percent) |
16.50% |
|
|
| Withholding tax |
0 |
|
|
| Income (loss) before income tax expense |
$ (480) |
$ (680) |
$ (659) |