v3.24.1.u1
LEASES (Tables)
12 Months Ended
Dec. 31, 2023
LEASES  
Schedule of components of lease cost

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Year ended December 31,

​

​

2023

​

2022

    

2021

​

​

US$

​

US$

​

US$

Operating lease cost

 

27,815

 

21,701

 

6,389

Short-term lease cost

 

4,288

 

2,595

 

847

Variable lease cost

 

141

 

49

 

231

Total

 

32,244

 

24,345

 

7,467

Schedule of supplemental cash flow information related to leases

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​

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Year Ended December 31,

​

​

2023

​

2022

    

2021

​

​

US$

​

US$

​

US$

Cash paid for amounts included in the measurement of lease liabilities

 

​

 

​

 

​

Operating cash outflows from operating leases*

​

34,752

​

16,085

​

56,024

Right-of-use assets obtained in exchange for lease obligations

​

​

​

​

​

​

Operating leases

 

42,707

 

76,584

 

56,610

Schedule of supplemental balance sheet information related to leases

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As of December 31,

​

​

2023

    

2022

​

​

US$

​

US$

Operating Leases

 

  

 

  

Operating lease right-of-use assets*

 

173,103

 

158,724

Total operating lease assets

 

173,103

 

158,724

Operating lease liabilities, current

 

​

 

​

− Operating lease liabilities-third parties

 

16,760

 

15,815

− Operating lease liabilities-related parties**

 

840

 

13

Operating lease liabilities, non-current

 

​

 

​

− Operating lease liabilities-third parties

 

91,929

 

98,963

− Operating lease liabilities-related parties

 

12,064

 

170

Total operating lease liabilities

 

121,593

 

114,961

*Operating lease right-of-use assets included land use rights with carrying amount of US$52,811 and US$43,974, of which, US$32,653 and nil were pledged as security for the exchangeable notes as mentioned in note 14 as of December 31, 2023 and 2022, respectively.

**This item is included in accrued expenses and other current liabilities – related parties in the consolidated balance sheets as of December 31, 2023 and 2022, respectively.

Schedule of weighted average remaining lease term and weighted average discount rate for operating leases

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Year ended December 31,

​

​

​

2023

​

2022

​

2021

​

Weighted-average remaining lease term

 

  

 

  

 

  

 

Operating leases

 

8.01 years

 

8.37 years

​

7.36 years

​

Weighted-average discount rate

 

​

 

  

 

  

  

Operating leases

 

6.60

%  

6.99

%  

5.74

%  

Schedule of operating lease liabilities of maturities

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As of

​

​

December 31,

​

 

2023

​

 

US$

2024

 

23,902

2025

 

20,884

2026

 

19,482

2027

 

17,137

2028

 

16,001

Thereafter

 

55,092

Total undiscounted lease payments

 

152,498

Less: imputed interest

 

(30,905)

Total lease liabilities

 

121,593