$MHUA
Meihua International Medical Technologies Co., Ltd.
Stock
$mhua
2023 Q4 Form 20-F Financial Statement
#000121390024035784 Filed on April 24, 2024
Income Statement
Concept | 2023 Q4 | 2023 | 2022 Q4 |
---|---|---|---|
Revenue | $97.10M | $97.10M | $103.3M |
YoY Change | -6.05% | -6.05% | |
Cost Of Revenue | $63.90M | $63.90M | $65.25M |
YoY Change | -2.06% | -2.06% | |
Gross Profit | $33.20M | $33.20M | $38.10M |
YoY Change | -12.86% | -12.86% | |
Gross Profit Margin | 34.19% | 34.19% | 36.86% |
Selling, General & Admin | $15.59M | $13.84M | $19.45M |
YoY Change | -19.85% | -29.33% | |
% of Gross Profit | 46.96% | 41.68% | 51.06% |
Research & Development | $2.743M | $2.753M | $2.955M |
YoY Change | -7.15% | -7.07% | |
% of Gross Profit | 8.26% | 8.29% | 7.76% |
Depreciation & Amortization | $180.4K | $408.2K | $134.8K |
YoY Change | 33.81% | -24.58% | |
% of Gross Profit | 0.54% | 1.23% | 0.35% |
Operating Expenses | $18.52M | $18.52M | $27.30M |
YoY Change | -32.14% | -32.14% | |
Operating Profit | $14.67M | $14.67M | $10.80M |
YoY Change | 35.85% | 35.85% | |
Interest Expense | $469.2K | $469.2K | $142.5K |
YoY Change | 229.3% | 229.3% | |
% of Operating Profit | 3.2% | 3.2% | 1.32% |
Other Income/Expense, Net | -$95.38K | $373.8K | -$53.21K |
YoY Change | 79.25% | -518.7% | |
Pretax Income | $15.05M | $15.05M | $10.89M |
YoY Change | 38.17% | 38.17% | |
Income Tax | $3.458M | $3.458M | $4.714M |
% Of Pretax Income | 22.98% | 22.98% | 43.28% |
Net Earnings | $11.63M | $11.63M | $6.243M |
YoY Change | 86.22% | 86.22% | |
Net Earnings / Revenue | 11.97% | 11.97% | 6.04% |
Basic Earnings Per Share | $0.49 | ||
Diluted Earnings Per Share | $0.49 | $0.49 | $0.27 |
COMMON SHARES | |||
Basic Shares Outstanding | 23.94M shares | 23.94M shares | 23.94M shares |
Diluted Shares Outstanding | 23.94M shares |
Balance Sheet
Concept | 2023 Q4 | 2023 | 2022 Q4 |
---|---|---|---|
SHORT-TERM ASSETS | |||
Cash & Short-Term Investments | $16.93M | $16.93M | $26.74M |
YoY Change | -36.69% | -36.69% | |
Cash & Equivalents | $16.93M | $26.74M | |
Short-Term Investments | |||
Other Short-Term Assets | $14.21M | $14.21M | $16.43M |
YoY Change | -13.49% | -13.49% | |
Inventory | $1.617M | $1.617M | $1.122M |
Prepaid Expenses | |||
Receivables | $78.57M | $79.03M | $68.95M |
Other Receivables | $20.45M | $20.45M | $239.1K |
Total Short-Term Assets | $132.2M | $132.2M | $135.3M |
YoY Change | -2.28% | -2.28% | 39.11% |
LONG-TERM ASSETS | |||
Property, Plant & Equipment | $8.831M | $8.838M | $8.758M |
YoY Change | 0.83% | 0.91% | 17.12% |
Goodwill | |||
YoY Change | |||
Intangibles | $3.916M | $497.6K | |
YoY Change | 686.96% | -11.46% | |
Long-Term Investments | $6.132M | $6.132M | $6.670M |
YoY Change | -8.06% | -8.06% | |
Other Assets | $11.27M | $20.79M | $12.33M |
YoY Change | -8.64% | 68.59% | |
Total Long-Term Assets | $39.68M | $39.68M | $28.26M |
YoY Change | 40.41% | 40.41% | -28.61% |
TOTAL ASSETS | |||
Total Short-Term Assets | $132.2M | $132.2M | $135.3M |
Total Long-Term Assets | $39.68M | $39.68M | $28.26M |
Total Assets | $171.9M | $171.9M | $163.6M |
YoY Change | 5.1% | 5.1% | 19.52% |
SHORT-TERM LIABILITIES | |||
YoY Change | |||
Accounts Payable | $15.82M | $15.82M | $16.10M |
YoY Change | -1.7% | -1.7% | -23.28% |
Accrued Expenses | $1.199M | $1.199M | $1.238M |
YoY Change | -3.16% | -3.16% | |
Deferred Revenue | |||
YoY Change | |||
Short-Term Debt | $7.324M | $7.324M | $6.089M |
YoY Change | 20.27% | 20.27% | 17.59% |
Long-Term Debt Due | |||
YoY Change | |||
Total Short-Term Liabilities | $25.07M | $25.07M | $24.17M |
YoY Change | 3.72% | 3.72% | -16.9% |
LONG-TERM LIABILITIES | |||
Long-Term Debt | $0.00 | $724.9K | |
YoY Change | -100.0% | ||
Other Long-Term Liabilities | $4.590K | $4.590K | |
YoY Change | |||
Total Long-Term Liabilities | $0.00 | $4.590K | $724.9K |
YoY Change | -100.0% | -99.37% | |
TOTAL LIABILITIES | |||
Total Short-Term Liabilities | $25.07M | $25.07M | $24.17M |
Total Long-Term Liabilities | $0.00 | $4.590K | $724.9K |
Total Liabilities | $25.08M | $25.58M | $24.90M |
YoY Change | 0.72% | 0.51% | -14.41% |
SHAREHOLDERS EQUITY | |||
Retained Earnings | $94.64M | $83.33M | |
YoY Change | 13.57% | 7.42% | |
Common Stock | $11.97K | $11.97K | |
YoY Change | 0.0% | 19.7% | |
Preferred Stock | |||
YoY Change | |||
Treasury Stock (at cost) | |||
YoY Change | |||
Treasury Stock Shares | |||
Shareholders Equity | $146.3M | $146.3M | $138.1M |
YoY Change | |||
Total Liabilities & Shareholders Equity | $171.9M | $171.9M | $163.6M |
YoY Change | 5.1% | 5.1% | 19.52% |
Cashflow Statement
Concept | 2023 Q4 | 2023 | 2022 Q4 |
---|---|---|---|
OPERATING ACTIVITIES | |||
Net Income | $11.63M | $11.63M | $6.243M |
YoY Change | 86.22% | 86.22% | |
Depreciation, Depletion And Amortization | $180.4K | $408.2K | $134.8K |
YoY Change | 33.81% | -24.58% | |
Cash From Operating Activities | $7.696M | $2.276M | |
YoY Change | -124.84% | ||
INVESTING ACTIVITIES | |||
Capital Expenditures | $106.6K | $1.183M | |
YoY Change | -56.18% | ||
Acquisitions | |||
YoY Change | |||
Other Investing Activities | -$8.492M | -$7.772M | |
YoY Change | 31.25% | ||
Cash From Investing Activities | -$8.589M | -$12.46M | |
YoY Change | 44.53% | ||
FINANCING ACTIVITIES | |||
Cash Dividend Paid | |||
YoY Change | |||
Common Stock Issuance & Retirement, Net | |||
YoY Change | |||
Debt Paid & Issued, Net | |||
YoY Change | |||
Cash From Financing Activities | -13.87K | $706.1K | |
YoY Change | -98.1% | ||
NET CHANGE | |||
Cash From Operating Activities | 7.696M | $2.276M | |
Cash From Investing Activities | -8.589M | -$12.46M | |
Cash From Financing Activities | -13.87K | $706.1K | |
Net Change In Cash | -906.8K | -$9.810M | |
YoY Change | -152.78% | ||
FREE CASH FLOW | |||
Cash From Operating Activities | $7.696M | $2.276M | |
Capital Expenditures | $106.6K | $1.183M | |
Free Cash Flow | $7.589M | $1.093M | |
YoY Change | -109.21% |
Facts In Submission
Frame | Concept Type | Concept / XBRL Key | Value | Unit |
---|---|---|---|---|
CY2023 | dei |
Document Type
DocumentType
|
20-F | |
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Document Registration Statement
DocumentRegistrationStatement
|
false | |
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Document Annual Report
DocumentAnnualReport
|
true | |
CY2023 | dei |
Document Period End Date
DocumentPeriodEndDate
|
2023-12-31 | |
CY2023 | dei |
Current Fiscal Year End Date
CurrentFiscalYearEndDate
|
--12-31 | |
CY2023 | dei |
Document Fiscal Year Focus
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|
2023 | |
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Document Transition Report
DocumentTransitionReport
|
false | |
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Document Shell Company Report
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|
false | |
CY2023 | dei |
Entity File Number
EntityFileNumber
|
001-41291 | |
CY2023 | dei |
Entity Registrant Name
EntityRegistrantName
|
MEIHUA INTERNATIONAL MEDICAL TECHNOLOGIES cO., LTD. | |
CY2023 | dei |
Entity Incorporation State Country Code
EntityIncorporationStateCountryCode
|
E9 | |
CY2023 | dei |
Entity Address Address Line1
EntityAddressAddressLine1
|
88 Tongda Road | |
CY2023 | dei |
Entity Address Address Line2
EntityAddressAddressLine2
|
Touqiao Town | |
CY2023 | dei |
Entity Address Address Line3
EntityAddressAddressLine3
|
Guangling District | |
CY2023 | dei |
Entity Address City Or Town
EntityAddressCityOrTown
|
Yangzhou | |
CY2023 | dei |
Entity Address Postal Zip Code
EntityAddressPostalZipCode
|
225000 | |
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Entity Address Country
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|
CN | |
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Security12b Title
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|
Ordinary Share, $0.0005 par value | |
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Trading Symbol
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MHUA | |
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Security Exchange Name
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NASDAQ | |
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23940000 | shares |
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Entity Well Known Seasoned Issuer
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No | |
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Entity Voluntary Filers
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Entity Current Reporting Status
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Entity Interactive Data Current
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6651 | |
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Kreit & Chiu CPA LLP | |
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New York, New York | |
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273432 | usd |
CY2021 | us-gaap |
Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
|
174413 | usd |
CY2023 | us-gaap |
Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
|
-95382 | usd |
CY2022 | us-gaap |
Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
|
-53205 | usd |
CY2021 | us-gaap |
Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
|
-50437 | usd |
CY2023 | us-gaap |
Nonoperating Income Expense
NonoperatingIncomeExpense
|
373836 | usd |
CY2022 | us-gaap |
Nonoperating Income Expense
NonoperatingIncomeExpense
|
89285 | usd |
CY2021 | us-gaap |
Nonoperating Income Expense
NonoperatingIncomeExpense
|
-32913 | usd |
CY2023 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
15048774 | usd |
CY2022 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
10891247 | usd |
CY2021 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
26228041 | usd |
CY2023 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
3457733 | usd |
CY2022 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
4713543 | usd |
CY2021 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
5278462 | usd |
CY2023 | us-gaap |
Profit Loss
ProfitLoss
|
11591041 | usd |
CY2022 | us-gaap |
Profit Loss
ProfitLoss
|
6177704 | usd |
CY2021 | us-gaap |
Profit Loss
ProfitLoss
|
20949579 | usd |
CY2023 | us-gaap |
Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
|
-34376 | usd |
CY2022 | us-gaap |
Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
|
-65265 | usd |
CY2023 | us-gaap |
Net Income Loss
NetIncomeLoss
|
11625417 | usd |
CY2022 | us-gaap |
Net Income Loss
NetIncomeLoss
|
6242969 | usd |
CY2021 | us-gaap |
Net Income Loss
NetIncomeLoss
|
20949579 | usd |
CY2023 | us-gaap |
Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent
|
-3432299 | usd |
CY2022 | us-gaap |
Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent
|
-9155028 | usd |
CY2021 | us-gaap |
Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent
|
2083243 | usd |
CY2023 | us-gaap |
Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
|
8158742 | usd |
CY2022 | us-gaap |
Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
|
-2977324 | usd |
CY2021 | us-gaap |
Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
|
23032822 | usd |
CY2023 | us-gaap |
Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
|
-50161 | usd |
CY2022 | us-gaap |
Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
|
-79167 | usd |
CY2023 | us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
8208903 | usd |
CY2022 | us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
-2898157 | usd |
CY2021 | us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
23032822 | usd |
CY2023 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
23940000 | shares |
CY2022 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
23411068 | shares |
CY2021 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
20000000 | shares |
CY2023 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
0.49 | |
CY2022 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
0.27 | |
CY2021 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
1.05 | |
CY2020Q4 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
84735780 | usd |
CY2021 | us-gaap |
Profit Loss
ProfitLoss
|
20949579 | usd |
CY2021 | us-gaap |
Other Comprehensive Income Foreign Currency Transaction And Translation Gain Loss Arising During Period Net Of Tax
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax
|
2083243 | usd |
CY2021Q4 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
107768602 | usd |
CY2022 | us-gaap |
Stock Issued During Period Value Other
StockIssuedDuringPeriodValueOther
|
33252492 | usd |
CY2022 | us-gaap |
Stockholders Equity Other
StockholdersEquityOther
|
635310 | usd |
CY2022 | us-gaap |
Profit Loss
ProfitLoss
|
6177704 | usd |
CY2022 | us-gaap |
Other Comprehensive Income Foreign Currency Transaction And Translation Gain Loss Arising During Period Net Of Tax
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax
|
-9155028 | usd |
CY2022Q4 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
138679080 | usd |
CY2023 | us-gaap |
Profit Loss
ProfitLoss
|
11591041 | usd |
CY2023 | us-gaap |
Other Comprehensive Income Foreign Currency Transaction And Translation Gain Loss Arising During Period Net Of Tax
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax
|
-3432299 | usd |
CY2023Q4 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
146837822 | usd |
CY2023 | us-gaap |
Profit Loss
ProfitLoss
|
11591041 | usd |
CY2022 | us-gaap |
Profit Loss
ProfitLoss
|
6177704 | usd |
CY2021 | us-gaap |
Profit Loss
ProfitLoss
|
20949579 | usd |
CY2023 | us-gaap |
Depreciation
Depreciation
|
408233 | usd |
CY2022 | us-gaap |
Depreciation
Depreciation
|
541265 | usd |
CY2021 | us-gaap |
Depreciation
Depreciation
|
595522 | usd |
CY2023 | us-gaap |
Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
|
62149 | usd |
CY2022 | us-gaap |
Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
|
22196 | usd |
CY2021 | us-gaap |
Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
|
26951 | usd |
CY2023 | us-gaap |
Gain Loss On Sale Of Property Plant Equipment
GainLossOnSaleOfPropertyPlantEquipment
|
-102319 | usd |
CY2022 | us-gaap |
Gain Loss On Sale Of Property Plant Equipment
GainLossOnSaleOfPropertyPlantEquipment
|
-25023 | usd |
CY2021 | us-gaap |
Gain Loss On Sale Of Property Plant Equipment
GainLossOnSaleOfPropertyPlantEquipment
|
-15281 | usd |
CY2022 | us-gaap |
Asset Impairment Charges
AssetImpairmentCharges
|
4755536 | usd |
CY2023 | us-gaap |
Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
|
1933661 | usd |
CY2023 | us-gaap |
Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
|
-370475 | usd |
CY2023 | us-gaap |
Foreign Currency Transaction Gain Loss Realized After Tax
ForeignCurrencyTransactionGainLossRealizedAfterTax
|
-153440 | usd |
CY2022 | us-gaap |
Foreign Currency Transaction Gain Loss Realized After Tax
ForeignCurrencyTransactionGainLossRealizedAfterTax
|
273432 | usd |
CY2023 | us-gaap |
Equity Method Investment Realized Gain Loss On Disposal
EquityMethodInvestmentRealizedGainLossOnDisposal
|
4832 | usd |
CY2023 | us-gaap |
Operating Lease Right Of Use Asset Amortization Expense
OperatingLeaseRightOfUseAssetAmortizationExpense
|
611 | usd |
CY2023 | us-gaap |
Increase Decrease In Other Receivables
IncreaseDecreaseInOtherReceivables
|
-1026148 | usd |
CY2022 | us-gaap |
Increase Decrease In Other Receivables
IncreaseDecreaseInOtherReceivables
|
4284515 | usd |
CY2021 | us-gaap |
Increase Decrease In Other Receivables
IncreaseDecreaseInOtherReceivables
|
6533717 | usd |
CY2023 | us-gaap |
Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
|
13558315 | usd |
CY2022 | us-gaap |
Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
|
7121889 | usd |
CY2021 | us-gaap |
Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
|
20065904 | usd |
CY2023 | us-gaap |
Increase Decrease In Accounts Receivable Related Parties
IncreaseDecreaseInAccountsReceivableRelatedParties
|
457585 | usd |
CY2023 | us-gaap |
Increase Decrease In Inventories
IncreaseDecreaseInInventories
|
528635 | usd |
CY2022 | us-gaap |
Increase Decrease In Inventories
IncreaseDecreaseInInventories
|
-35027 | usd |
CY2021 | us-gaap |
Increase Decrease In Inventories
IncreaseDecreaseInInventories
|
-105121 | usd |
CY2023 | us-gaap |
Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
|
-1760865 | usd |
CY2022 | us-gaap |
Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
|
4932145 | usd |
CY2021 | us-gaap |
Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
|
861799 | usd |
CY2023 | us-gaap |
Increase Decrease Due From Other Related Parties
IncreaseDecreaseDueFromOtherRelatedParties
|
21184 | usd |
CY2021 | us-gaap |
Increase Decrease Due From Other Related Parties
IncreaseDecreaseDueFromOtherRelatedParties
|
-396583 | usd |
CY2023 | us-gaap |
Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
|
185902 | usd |
CY2022 | us-gaap |
Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
|
-3371275 | usd |
CY2021 | us-gaap |
Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
|
4908971 | usd |
CY2023 | us-gaap |
Increase Decrease In Accrued Income Taxes Payable
IncreaseDecreaseInAccruedIncomeTaxesPayable
|
-16893 | usd |
CY2022 | us-gaap |
Increase Decrease In Accrued Income Taxes Payable
IncreaseDecreaseInAccruedIncomeTaxesPayable
|
-812412 | usd |
CY2021 | us-gaap |
Increase Decrease In Accrued Income Taxes Payable
IncreaseDecreaseInAccruedIncomeTaxesPayable
|
288659 | usd |
CY2023 | us-gaap |
Increase Decrease In Accrued Liabilities And Other Operating Liabilities
IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities
|
9911 | usd |
CY2022 | us-gaap |
Increase Decrease In Accrued Liabilities And Other Operating Liabilities
IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities
|
75879 | usd |
CY2021 | us-gaap |
Increase Decrease In Accrued Liabilities And Other Operating Liabilities
IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities
|
120090 | usd |
CY2023 | us-gaap |
Increase Decrease In Operating Lease Liability
IncreaseDecreaseInOperatingLeaseLiability
|
-611 | usd |
CY2023 | us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
2275750 | usd |
CY2022 | us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
-9163038 | usd |
CY2021 | us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
-54663 | usd |
CY2023 | us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
1182699 | usd |
CY2022 | us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
2698729 | usd |
CY2021 | us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
850231 | usd |
CY2023 | us-gaap |
Payments To Acquire Intangible Assets
PaymentsToAcquireIntangibleAssets
|
3503883 | usd |
CY2022 | us-gaap |
Payments To Acquire Longterm Investments
PaymentsToAcquireLongtermInvestments
|
5944709 | usd |
CY2023 | us-gaap |
Proceeds From Sale Of Longterm Investments
ProceedsFromSaleOfLongtermInvestments
|
353062 | usd |
CY2023 | us-gaap |
Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
|
348321 | usd |
CY2022 | us-gaap |
Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
|
23146 | usd |
CY2021 | us-gaap |
Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
|
16414 | usd |
CY2023 | mhua |
Collection Of Longterm Deposits For Buildings
CollectionOfLongtermDepositsForBuildings
|
706125 | usd |
CY2023 | us-gaap |
Payments To Fund Longterm Loans To Related Parties
PaymentsToFundLongtermLoansToRelatedParties
|
9179624 | usd |
CY2023 | us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-12458698 | usd |
CY2022 | us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-8620292 | usd |
CY2021 | us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-833817 | usd |
CY2023 | us-gaap |
Proceeds From Short Term Debt
ProceedsFromShortTermDebt
|
6637574 | usd |
CY2022 | us-gaap |
Proceeds From Short Term Debt
ProceedsFromShortTermDebt
|
7579135 | usd |
CY2021 | us-gaap |
Proceeds From Short Term Debt
ProceedsFromShortTermDebt
|
6510820 | usd |
CY2022 | us-gaap |
Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
|
743052 | usd |
CY2022 | us-gaap |
Proceeds From Contributed Capital
ProceedsFromContributedCapital
|
635310 | usd |
CY2022 | us-gaap |
Proceeds From Issuance Initial Public Offering
ProceedsFromIssuanceInitialPublicOffering
|
34529644 | usd |
CY2023 | us-gaap |
Repayments Of Other Short Term Debt
RepaymentsOfOtherShortTermDebt
|
5931449 | usd |
CY2022 | us-gaap |
Repayments Of Other Short Term Debt
RepaymentsOfOtherShortTermDebt
|
6241641 | usd |
CY2021 | us-gaap |
Repayments Of Other Short Term Debt
RepaymentsOfOtherShortTermDebt
|
4650586 | usd |
CY2023 | us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
706125 | usd |
CY2022 | us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
37245500 | usd |
CY2021 | us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
1860234 | usd |
CY2023 | us-gaap |
Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
-332999 | usd |
CY2022 | us-gaap |
Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
-874746 | usd |
CY2021 | us-gaap |
Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
-9812 | usd |
CY2023 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
-9809822 | usd |
CY2022 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
18587424 | usd |
CY2021 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
961942 | usd |
CY2022Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
26736700 | usd |
CY2021Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
8149276 | usd |
CY2020Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
7187334 | usd |
CY2023Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
16926878 | usd |
CY2022Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
26736700 | usd |
CY2021Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
8149276 | usd |
CY2023 | us-gaap |
Interest Paid Net
InterestPaidNet
|
250781 | usd |
CY2022 | us-gaap |
Interest Paid Net
InterestPaidNet
|
194667 | usd |
CY2021 | us-gaap |
Interest Paid Net
InterestPaidNet
|
180744 | usd |
CY2023 | us-gaap |
Income Taxes Paid
IncomeTaxesPaid
|
3583143 | usd |
CY2022 | us-gaap |
Income Taxes Paid
IncomeTaxesPaid
|
5703288 | usd |
CY2021 | us-gaap |
Income Taxes Paid
IncomeTaxesPaid
|
5042816 | usd |
CY2022 | mhua |
Shareholder Contribution Through Deferred Cost
ShareholderContributionThroughDeferredCost
|
1277152 | usd |
CY2023 | us-gaap |
Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
|
7697 | usd |
CY2015Q4 | us-gaap |
Capital Units Net Amount
CapitalUnitsNetAmount
|
53911815 | hkd |
CY2015Q4 | us-gaap |
Capital Units Net Amount
CapitalUnitsNetAmount
|
6911771 | usd |
CY2021Q4 | mhua |
Subsidiary Percentage
SubsidiaryPercentage
|
0.55 | pure |
CY2023Q4 | mhua |
Subsidiary Percentage
SubsidiaryPercentage
|
0.51 | pure |
CY2023 | mhua |
Description Of Yongjun Liu Surrendered Shares
DescriptionOfYongjunLiuSurrenderedShares
|
Yongjun Liu surrendered 49,999 shares to the Company for cancellation. The Company subdivided each existing share with a par value of $1.00 into 2,000 shares with a par value of $0.0005 par value and created a new class of preferred shares. Upon completion of the share capital changes, the Company’s share capital includes 80,000,000 ordinary shares with a par value of $0.0005 per share and 20,000,000 preferred shares with a par value of $0.0005 per share. | |
CY2023 | mhua |
Description Of Corporate Reorganization
DescriptionOfCorporateReorganization
|
the Company engaged in a corporate reorganization to combine the controlled entities (now referred to as the subsidiaries) into one legal corporation (the Company). The specific transactions related to this reorganization are outlined below. The Company entered into a share exchange agreement with Kang Fu to issue an aggregate of 15,933,000 ordinary shares to Yongjun Liu and Yin Liu in exchange for 100% ownership of Kang Fu, and allotted 2,640,000 ordinary shares at $0.0005 par value to three BVI companies held by founders of the Company for no consideration. On December 22, 2020, Guanghui was incorporated for the purpose of foreign exchange registration under the laws of the People’s Republic of China as there was no substantive business of Guanghui. The shares of Guanghui are owned by 13 natural persons (the “Guanghui Shareholders”) and on May 10, 2021, all of the Guanghui Shareholders agreed to transfer all their shares held in Guanghui to Huadong (an indirect subsidiary of the Company) for no consideration. | |
CY2020Q4 | us-gaap |
Stock Issued During Period Shares New Issues
StockIssuedDuringPeriodSharesNewIssues
|
1425000 | shares |
CY2020Q4 | us-gaap |
Proceeds From Issuance Initial Public Offering
ProceedsFromIssuanceInitialPublicOffering
|
1616971 | usd |
CY2023 | us-gaap |
Use Of Estimates
UseOfEstimates
|
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><b><i>Use of Estimates</i></b></p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">The preparation of consolidated financial statements in conformity with U.S. GAAP requires management to make certain estimates and assumptions that affect the amounts reported and disclosed in the consolidated financial statements and related notes.</p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">The most significant estimates and judgments include allowance for credit losses, the valuation of inventory, useful life of property, plant and equipment and income taxes related to realization of deferred tax assets and uncertain tax position. Actual amounts could differ from those estimates.</p> | |
CY2023 | mhua |
Period Ended Spot
PeriodEndedSpot
|
1 | usd |
CY2023 | mhua |
Period Ended Spots
PeriodEndedSpots
|
7.0999 | |
CY2022 | mhua |
Period Ended Spot
PeriodEndedSpot
|
1 | usd |
CY2022 | mhua |
Period Ended Spots
PeriodEndedSpots
|
6.8972 | |
CY2021 | mhua |
Period Ended Spot
PeriodEndedSpot
|
1 | usd |
CY2021 | mhua |
Period Ended Spots
PeriodEndedSpots
|
6.3726 | |
CY2023 | mhua |
Period Average
PeriodAverage
|
1 | usd |
CY2023 | mhua |
Period Averages
PeriodAverages
|
7.0809 | |
CY2022 | mhua |
Period Average
PeriodAverage
|
1 | usd |
CY2022 | mhua |
Period Averages
PeriodAverages
|
6.729 | |
CY2021 | mhua |
Period Average
PeriodAverage
|
1 | usd |
CY2021 | mhua |
Period Averages
PeriodAverages
|
6.4508 | |
CY2023 | us-gaap |
Defined Benefit Plan Foreign Currency Exchange Rate Changes Benefit Obligation
DefinedBenefitPlanForeignCurrencyExchangeRateChangesBenefitObligation
|
7.8 | usd |
CY2023 | us-gaap |
Concentration Risk Credit Risk
ConcentrationRiskCreditRisk
|
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><b><i>Certain Risks and Concentration</i></b></p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">The Company’s financial instruments that potentially subject the Company to significant concentrations of credit risk consist primarily of cash and receivables. As of December 31, 2023 and 2022 substantially all the Company’s cash was held in major financial institutions located in Hong Kong and mainland China, which institutions management considers to be of high credit quality.</p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">For the year ended December 31, 2023, one customer accounted for approximately 16.84% of the Company’s total revenues. For the year ended December 31, 2022, two customers accounted for approximately 27.63% and 10.97% of the Company’s total revenues, respectively. For the year ended December 31, 2021, two customers accounted for approximately 21.91% and 11.26% of the Company’s total revenues, respectively.</p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">As of December 31, 2023, one customer accounted for approximately 15.63% of the Company’s accounts receivable. As of December 31, 2022, two customers accounted for approximately 27.73% and 13.14% of the Company’s accounts receivable, respectively.</p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">For the year ended December 31, 2023, one supplier accounted for approximately 14.46% of the Company’s total purchases. For the year ended December 31, 2022, one supplier accounted for approximately 11.93% of the Company’s total purchases. There was no supplier that individually represented greater than 10% of the total purchase of the Group for the year ended December 31, 2021.</p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p> | |
CY2023 | mhua |
Revenues Percentage
RevenuesPercentage
|
0.1446 | pure |
CY2022 | mhua |
Revenues Percentage
RevenuesPercentage
|
0.1193 | pure |
CY2021 | mhua |
Revenues Percentage
RevenuesPercentage
|
0.10 | pure |
CY2023 | us-gaap |
Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
|
1933661 | usd |
CY2023Q4 | us-gaap |
Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
|
14212606 | usd |
CY2022Q4 | us-gaap |
Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
|
16428779 | usd |
CY2023 | mhua |
Current Vat Rate Percentage
CurrentVatRatePercentage
|
0.13 | pure |
CY2023Q1 | mhua |
Equitys Interest Percentage
EquitysInterestPercentage
|
0.05 | pure |
CY2023Q1 | us-gaap |
Asset Acquisition Consideration Transferred Contingent Consideration
AssetAcquisitionConsiderationTransferredContingentConsideration
|
353062 | usd |
CY2023Q1 | us-gaap |
Asset Acquisition Consideration Transferred Contingent Consideration
AssetAcquisitionConsiderationTransferredContingentConsideration
|
2500000 | cny |
CY2023Q4 | us-gaap |
Deferred Costs Current
DeferredCostsCurrent
|
4832 | usd |
CY2022Q4 | us-gaap |
Deferred Costs Current
DeferredCostsCurrent
|
290 | usd |
CY2023 | us-gaap |
Revenue From Contract With Customer Including Assessed Tax
RevenueFromContractWithCustomerIncludingAssessedTax
|
97098915 | usd |
CY2022 | us-gaap |
Revenue From Contract With Customer Including Assessed Tax
RevenueFromContractWithCustomerIncludingAssessedTax
|
103346341 | usd |
CY2021 | us-gaap |
Revenue From Contract With Customer Including Assessed Tax
RevenueFromContractWithCustomerIncludingAssessedTax
|
104037710 | usd |
CY2023 | us-gaap |
Revenue From Contract With Customer Including Assessed Tax
RevenueFromContractWithCustomerIncludingAssessedTax
|
97098915 | usd |
CY2022 | us-gaap |
Revenue From Contract With Customer Including Assessed Tax
RevenueFromContractWithCustomerIncludingAssessedTax
|
103346341 | usd |
CY2021 | us-gaap |
Revenue From Contract With Customer Including Assessed Tax
RevenueFromContractWithCustomerIncludingAssessedTax
|
104037710 | usd |
CY2023 | us-gaap |
Advertising Expense
AdvertisingExpense
|
8096 | usd |
CY2022 | us-gaap |
Advertising Expense
AdvertisingExpense
|
95432 | usd |
CY2021 | us-gaap |
Advertising Expense
AdvertisingExpense
|
21498 | usd |
CY2023 | us-gaap |
Research And Development Expense
ResearchAndDevelopmentExpense
|
2753315 | usd |
CY2022 | us-gaap |
Research And Development Expense
ResearchAndDevelopmentExpense
|
2962904 | usd |
CY2021 | us-gaap |
Research And Development Expense
ResearchAndDevelopmentExpense
|
2725014 | usd |
CY2023 | us-gaap |
Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
|
0.50 | pure |
CY2023 | us-gaap |
Number Of Operating Segments
NumberOfOperatingSegments
|
1 | pure |
CY2023 | us-gaap |
Revenue From Contract With Customer Including Assessed Tax
RevenueFromContractWithCustomerIncludingAssessedTax
|
97098915 | usd |
CY2022 | us-gaap |
Revenue From Contract With Customer Including Assessed Tax
RevenueFromContractWithCustomerIncludingAssessedTax
|
103346341 | usd |
CY2021 | us-gaap |
Revenue From Contract With Customer Including Assessed Tax
RevenueFromContractWithCustomerIncludingAssessedTax
|
104037710 | usd |
CY2023 | mhua |
Others Products
OthersProducts
|
6972359 | usd |
CY2022 | mhua |
Others Products
OthersProducts
|
10849537 | usd |
CY2021 | mhua |
Others Products
OthersProducts
|
9065588 | usd |
CY2023 | mhua |
Total Products
TotalProducts
|
97098915 | usd |
CY2022 | mhua |
Total Products
TotalProducts
|
103346341 | usd |
CY2021 | mhua |
Total Products
TotalProducts
|
104037710 | usd |
CY2023Q4 | us-gaap |
Accounts Receivable Gross Current
AccountsReceivableGrossCurrent
|
80955803 | usd |
CY2022Q4 | us-gaap |
Accounts Receivable Gross Current
AccountsReceivableGrossCurrent
|
68945792 | usd |
CY2023Q4 | us-gaap |
Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
|
1928486 | usd |
CY2023Q4 | us-gaap |
Accounts Receivable Net
AccountsReceivableNet
|
79027317 | usd |
CY2022Q4 | us-gaap |
Accounts Receivable Net
AccountsReceivableNet
|
68945792 | usd |
CY2023Q4 | mhua |
Less Accounts Receivable Net Related Parties
LessAccountsReceivableNetRelatedParties
|
-456361 | usd |
CY2023Q4 | us-gaap |
Receivables Net Current
ReceivablesNetCurrent
|
78570956 | usd |
CY2022Q4 | us-gaap |
Receivables Net Current
ReceivablesNetCurrent
|
68945792 | usd |
CY2023 | us-gaap |
Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
|
1933661 | usd |
CY2023 | us-gaap |
Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
|
1933661 | usd |
CY2023 | us-gaap |
Financing Receivable Allowance For Credit Loss Foreign Currency Translation
FinancingReceivableAllowanceForCreditLossForeignCurrencyTranslation
|
5175 | usd |
CY2023Q4 | us-gaap |
Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
|
1928486 | usd |
CY2023Q4 | us-gaap |
Other Receivables Gross Current
OtherReceivablesGrossCurrent
|
127901 | usd |
CY2022Q4 | us-gaap |
Other Receivables Gross Current
OtherReceivablesGrossCurrent
|
239148 | usd |
CY2022Q4 | us-gaap |
Prepaid Taxes
PrepaidTaxes
|
250410 | usd |
CY2023Q4 | mhua |
Prepaid For Land Use Right
PrepaidForLandUseRight
|
14084705 | usd |
CY2022Q4 | mhua |
Prepaid For Land Use Right
PrepaidForLandUseRight
|
15948501 | usd |
CY2023Q4 | mhua |
Prepaid For Property
PrepaidForProperty
|
11267764 | usd |
CY2022Q4 | mhua |
Prepaid For Property
PrepaidForProperty
|
12323842 | usd |
CY2023Q4 | us-gaap |
Prepaid Expense And Other Assets
PrepaidExpenseAndOtherAssets
|
25480370 | usd |
CY2022Q4 | us-gaap |
Prepaid Expense And Other Assets
PrepaidExpenseAndOtherAssets
|
28761901 | usd |
CY2023Q4 | us-gaap |
Prepaid Expense And Other Assets Noncurrent
PrepaidExpenseAndOtherAssetsNoncurrent
|
11267764 | usd |
CY2022Q4 | us-gaap |
Prepaid Expense And Other Assets Noncurrent
PrepaidExpenseAndOtherAssetsNoncurrent
|
12333122 | usd |
CY2023Q4 | us-gaap |
Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
|
14212606 | usd |
CY2022Q4 | us-gaap |
Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
|
16428779 | usd |
CY2023Q4 | us-gaap |
Investment Owned Balance Principal Amount
InvestmentOwnedBalancePrincipalAmount
|
10000000 | cny |
CY2023Q4 | us-gaap |
Investment Owned Balance Principal Amount
InvestmentOwnedBalancePrincipalAmount
|
1420000 | usd |
CY2020Q2 | us-gaap |
Investment Interest Rate
InvestmentInterestRate
|
0.035 | pure |
CY2023Q4 | us-gaap |
Prepaid Interest
PrepaidInterest
|
2500000 | cny |
CY2023Q4 | us-gaap |
Prepaid Interest
PrepaidInterest
|
350000 | usd |
CY2023Q4 | us-gaap |
Inventory Raw Materials
InventoryRawMaterials
|
526522 | usd |
CY2022Q4 | us-gaap |
Inventory Raw Materials
InventoryRawMaterials
|
177474 | usd |
CY2023Q4 | us-gaap |
Inventory Work In Process
InventoryWorkInProcess
|
2376 | usd |
CY2022Q4 | us-gaap |
Inventory Work In Process
InventoryWorkInProcess
|
343795 | usd |
CY2023Q4 | us-gaap |
Inventory Finished Goods
InventoryFinishedGoods
|
1048211 | usd |
CY2022Q4 | us-gaap |
Inventory Finished Goods
InventoryFinishedGoods
|
560119 | usd |
CY2023Q4 | us-gaap |
Inventory Raw Materials And Supplies
InventoryRawMaterialsAndSupplies
|
40116 | usd |
CY2022Q4 | us-gaap |
Inventory Raw Materials And Supplies
InventoryRawMaterialsAndSupplies
|
40650 | usd |
CY2023Q4 | us-gaap |
Inventory Net
InventoryNet
|
1617225 | usd |
CY2022Q4 | us-gaap |
Inventory Net
InventoryNet
|
1122038 | usd |
CY2023Q4 | us-gaap |
Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
|
12691359 | usd |
CY2022Q4 | us-gaap |
Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
|
12535348 | usd |
CY2023Q4 | us-gaap |
Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
|
3860391 | usd |
CY2022Q4 | us-gaap |
Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
|
3777301 | usd |
CY2023Q4 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
8830968 | usd |
CY2022Q4 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
8758047 | usd |
CY2023 | us-gaap |
Depreciation
Depreciation
|
408233 | usd |
CY2022 | us-gaap |
Depreciation
Depreciation
|
541265 | usd |
CY2021 | us-gaap |
Depreciation
Depreciation
|
595522 | usd |
CY2023Q4 | us-gaap |
Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
|
4381532 | usd |
CY2022Q4 | us-gaap |
Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
|
913097 | usd |
CY2023Q4 | us-gaap |
Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
|
465615 | usd |
CY2022Q4 | us-gaap |
Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
|
415497 | usd |
CY2023Q4 | us-gaap |
Intangible Assets Net Including Goodwill
IntangibleAssetsNetIncludingGoodwill
|
3915917 | usd |
CY2022Q4 | us-gaap |
Intangible Assets Net Including Goodwill
IntangibleAssetsNetIncludingGoodwill
|
497600 | usd |
CY2023 | us-gaap |
Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
|
62149 | usd |
CY2022 | us-gaap |
Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
|
22196 | usd |
CY2021 | us-gaap |
Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
|
26951 | usd |
CY2023 | us-gaap |
Payments To Acquire Land Held For Use
PaymentsToAcquireLandHeldForUse
|
3400000 | usd |
CY2023Q4 | us-gaap |
Finite Lived Intangible Assets Amortization Expense Next Twelve Months
FiniteLivedIntangibleAssetsAmortizationExpenseNextTwelveMonths
|
85526 | usd |
CY2023Q4 | us-gaap |
Finite Lived Intangible Assets Amortization Expense Year Two
FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo
|
85526 | usd |
CY2023Q4 | us-gaap |
Finite Lived Intangible Assets Amortization Expense Year Three
FiniteLivedIntangibleAssetsAmortizationExpenseYearThree
|
84722 | usd |
CY2023Q4 | us-gaap |
Finite Lived Intangible Assets Amortization Expense Year Four
FiniteLivedIntangibleAssetsAmortizationExpenseYearFour
|
84454 | usd |
CY2023Q4 | us-gaap |
Finite Lived Intangible Assets Amortization Expense Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseYearFive
|
84454 | usd |
CY2023Q4 | us-gaap |
Finite Lived Intangible Assets Amortization Expense After Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseAfterYearFive
|
3491235 | usd |
CY2023Q4 | us-gaap |
Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
|
3915917 | usd |
CY2023 | us-gaap |
Gain Loss On Investments
GainLossOnInvestments
|
4832 | usd |
CY2022 | us-gaap |
Gain Loss On Investments
GainLossOnInvestments
|
290 | usd |
CY2023Q4 | mhua |
Short Term Borrowings1
ShortTermBorrowings1
|
52000000 | cny |
CY2023Q4 | mhua |
Short Term Borrowings1
ShortTermBorrowings1
|
7324047 | usd |
CY2022Q4 | mhua |
Short Term Borrowings1
ShortTermBorrowings1
|
42000000 | cny |
CY2022Q4 | mhua |
Short Term Borrowings1
ShortTermBorrowings1
|
6089428 | usd |
CY2023Q4 | us-gaap |
Debt Instrument Collateral Amount
DebtInstrumentCollateralAmount
|
3586024 | usd |
CY2022Q4 | us-gaap |
Debt Instrument Collateral Amount
DebtInstrumentCollateralAmount
|
2873795 | usd |
CY2022Q4 | us-gaap |
Long Term Debt
LongTermDebt
|
5000000 | cny |
CY2022Q4 | us-gaap |
Long Term Debt
LongTermDebt
|
724932 | usd |
CY2022Q4 | us-gaap |
Debt Instrument Face Amount
DebtInstrumentFaceAmount
|
5000000 | cny |
CY2022 | us-gaap |
Interest Expense Debt
InterestExpenseDebt
|
3468 | usd |
CY2023 | us-gaap |
Operating Lease Expense
OperatingLeaseExpense
|
676 | usd |
CY2023Q4 | us-gaap |
Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
|
7087 | usd |
CY2023Q4 | us-gaap |
Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
|
2495 | usd |
CY2023Q4 | us-gaap |
Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
|
4592 | usd |
CY2023Q4 | mhua |
Total Operating Lease Liabilities
TotalOperatingLeaseLiabilities
|
7087 | usd |
CY2023Q4 | us-gaap |
Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
|
P2Y9M | |
CY2023Q4 | us-gaap |
Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
|
0.0365 | pure |
CY2023Q4 | us-gaap |
Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
|
2704 | usd |
CY2023Q4 | us-gaap |
Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
|
2704 | usd |
CY2023Q4 | us-gaap |
Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
|
2028 | usd |
CY2023Q4 | us-gaap |
Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
|
350 | usd |
CY2023Q4 | us-gaap |
Operating Lease Liability
OperatingLeaseLiability
|
7086 | usd |
CY2023Q4 | us-gaap |
Sales And Excise Tax Payable Current And Noncurrent
SalesAndExciseTaxPayableCurrentAndNoncurrent
|
353887 | usd |
CY2022Q4 | us-gaap |
Sales And Excise Tax Payable Current And Noncurrent
SalesAndExciseTaxPayableCurrentAndNoncurrent
|
380926 | usd |
CY2023Q4 | us-gaap |
Accrued Income Taxes Current
AccruedIncomeTaxesCurrent
|
672245 | usd |
CY2022Q4 | us-gaap |
Accrued Income Taxes Current
AccruedIncomeTaxesCurrent
|
690824 | usd |
CY2023Q4 | us-gaap |
Accrual For Taxes Other Than Income Taxes Current
AccrualForTaxesOtherThanIncomeTaxesCurrent
|
55999 | usd |
CY2022Q4 | us-gaap |
Accrual For Taxes Other Than Income Taxes Current
AccrualForTaxesOtherThanIncomeTaxesCurrent
|
59526 | usd |
CY2023Q4 | us-gaap |
Taxes Payable Current
TaxesPayableCurrent
|
1082131 | usd |
CY2022Q4 | us-gaap |
Taxes Payable Current
TaxesPayableCurrent
|
1131276 | usd |
CY2017Q4 | mhua |
Assessable Profits
AssessableProfits
|
2000000 | hkd |
CY2017Q4 | mhua |
Lower Tax Percentage
LowerTaxPercentage
|
0.0825 | pure |
CY2017Q4 | mhua |
Remaining Taxable Income Percentage
RemainingTaxableIncomePercentage
|
0.165 | pure |
CY2023 | us-gaap |
Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
|
3828207 | usd |
CY2022 | us-gaap |
Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
|
4713543 | usd |
CY2021 | us-gaap |
Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
|
5278462 | usd |
CY2023 | us-gaap |
Deferred Other Tax Expense Benefit
DeferredOtherTaxExpenseBenefit
|
-370474 | usd |
CY2023 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
3457733 | usd |
CY2022 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
4713543 | usd |
CY2021 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
5278462 | usd |
CY2023 | us-gaap |
Discontinued Operation Provision For Loss Gain On Disposal Before Income Tax
DiscontinuedOperationProvisionForLossGainOnDisposalBeforeIncomeTax
|
15048773 | usd |
CY2022 | us-gaap |
Discontinued Operation Provision For Loss Gain On Disposal Before Income Tax
DiscontinuedOperationProvisionForLossGainOnDisposalBeforeIncomeTax
|
18129648 | usd |
CY2021 | us-gaap |
Discontinued Operation Provision For Loss Gain On Disposal Before Income Tax
DiscontinuedOperationProvisionForLossGainOnDisposalBeforeIncomeTax
|
26228041 | usd |
CY2023 | us-gaap |
Income Tax Reconciliation Change In Enacted Tax Rate
IncomeTaxReconciliationChangeInEnactedTaxRate
|
3678233 | usd |
CY2023 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
23940000 | shares |
CY2022 | us-gaap |
Income Tax Reconciliation Change In Enacted Tax Rate
IncomeTaxReconciliationChangeInEnactedTaxRate
|
3758113 | usd |
CY2021 | us-gaap |
Income Tax Reconciliation Change In Enacted Tax Rate
IncomeTaxReconciliationChangeInEnactedTaxRate
|
5605035 | usd |
CY2023 | us-gaap |
Income Tax Reconciliation Other Adjustments
IncomeTaxReconciliationOtherAdjustments
|
16675 | usd |
CY2022 | us-gaap |
Income Tax Reconciliation Other Adjustments
IncomeTaxReconciliationOtherAdjustments
|
37169 | usd |
CY2021 | us-gaap |
Income Tax Reconciliation Other Adjustments
IncomeTaxReconciliationOtherAdjustments
|
-13086 | usd |
CY2023 | us-gaap |
Income Tax Reconciliation Nondeductible Expense
IncomeTaxReconciliationNondeductibleExpense
|
451154 | usd |
CY2022 | us-gaap |
Income Tax Reconciliation Nondeductible Expense
IncomeTaxReconciliationNondeductibleExpense
|
1660869 | usd |
CY2021 | us-gaap |
Income Tax Reconciliation Nondeductible Expense
IncomeTaxReconciliationNondeductibleExpense
|
226222 | usd |
CY2023 | us-gaap |
Income Tax Reconciliation Tax Credits Research
IncomeTaxReconciliationTaxCreditsResearch
|
688329 | usd |
CY2022 | us-gaap |
Income Tax Reconciliation Tax Credits Research
IncomeTaxReconciliationTaxCreditsResearch
|
742608 | usd |
CY2021 | us-gaap |
Income Tax Reconciliation Tax Credits Research
IncomeTaxReconciliationTaxCreditsResearch
|
539709 | usd |
CY2023 | us-gaap |
Other Tax Expense Benefit
OtherTaxExpenseBenefit
|
3457733 | usd |
CY2022 | us-gaap |
Other Tax Expense Benefit
OtherTaxExpenseBenefit
|
4713543 | usd |
CY2021 | us-gaap |
Other Tax Expense Benefit
OtherTaxExpenseBenefit
|
5278462 | usd |
CY2023 | us-gaap |
Effective Income Tax Rate Reconciliation Tax Credits Other
EffectiveIncomeTaxRateReconciliationTaxCreditsOther
|
1 | pure |
CY2023Q4 | mhua |
Enterprise Income Tax Percentage
EnterpriseIncomeTaxPercentage
|
0.25 | pure |
CY2016Q4 | mhua |
Preferential Tax Percentage
PreferentialTaxPercentage
|
0.15 | pure |
CY2023Q4 | mhua |
Preferential Tax Percentage
PreferentialTaxPercentage
|
0.15 | pure |
CY2023 | us-gaap |
Effective Income Tax Rate Reconciliation Change In Enacted Tax Rate
EffectiveIncomeTaxRateReconciliationChangeInEnactedTaxRate
|
0.25 | pure |
CY2023 | us-gaap |
Effective Income Tax Rate Reconciliation State And Local Income Taxes
EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes
|
0.10 | pure |
CY2023Q4 | us-gaap |
Capital Leases Of Lessor Contingent Rentals Basis Spread On Variable Rate
CapitalLeasesOfLessorContingentRentalsBasisSpreadOnVariableRate
|
0.50 | pure |
CY2023Q4 | us-gaap |
Net Regulatory Assets
NetRegulatoryAssets
|
15985627 | usd |
CY2022Q4 | us-gaap |
Net Regulatory Assets
NetRegulatoryAssets
|
15665860 | usd |
CY2023Q4 | us-gaap |
Securities Loaned
SecuritiesLoaned
|
21127 | cny |
CY2023Q1 | us-gaap |
Deposits
Deposits
|
9200000 | usd |
CY2023 | us-gaap |
Proceeds From Bank Debt
ProceedsFromBankDebt
|
4507106 | usd |
CY2023 | us-gaap |
Proceeds From Bank Debt
ProceedsFromBankDebt
|
32000000 | cny |
CY2023 | us-gaap |
Repayments Of Longterm Loans From Vendors
RepaymentsOfLongtermLoansFromVendors
|
3380329 | usd |
CY2023 | us-gaap |
Repayments Of Longterm Loans From Vendors
RepaymentsOfLongtermLoansFromVendors
|
24000000 | cny |
CY2023 | us-gaap |
Securities Purchased Under Agreements To Resell Setoff Rights Description
SecuritiesPurchasedUnderAgreementsToResellSetoffRightsDescription
|
On December 27, 2023, the Company entered into a securities purchase agreement (the “SPA”) with certain institutional investors (the “Investors”), pursuant to which the Company agreed to issue, from time to time, up to $50,500,0000 in the Company’s securities (the “Offering”), consisting of convertible notes, issuable at a 7.0% original issue discount (the “Notes”), and accompanying ordinary share purchase warrants (the “Warrants”) with five-year terms and exercisable for a number of the Company’s ordinary shares, par value $0.0005 per share (the “Ordinary Shares”), equal to 50% of the number obtained from dividing each Note’s principal amount by the applicable VWAP (as defined in the SPA), subject to adjustment pursuant and a 4.99% beneficial ownership limitation. Pursuant to the SPA, the Company agreed to issue to the Investors at the initial closing of the Offering (the “First Closing”) $6,000,000 in Notes, convertible at the lower of (i) $2.738 per share (or 110% of the VWAP of the Ordinary Shares on December 27, 2023) or (ii) a price per share equal to 95% of the lowest VWAP of the Ordinary Shares during the seven (7)-trading day period immediately preceding the applicable conversion date, subject to certain adjustments and a 4.99% beneficial ownership limitation, and Warrants exercisable for up to an aggregate of 1,205,255 ordinary shares, at an exercise price of $2.9869 per share (or 120% of the VWAP of the Ordinary Shares on December 27, 2023). | |
CY2023 | mhua |
Gross Proceeds
GrossProceeds
|
5580000 | usd |
CY2023 | mhua |
Net Proceeds
NetProceeds
|
4800000 | usd |
CY2022Q4 | us-gaap |
Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
|
usd | |
CY2022Q4 | us-gaap |
Deferred Income Tax Assets Net
DeferredIncomeTaxAssetsNet
|
usd | |
CY2022Q4 | us-gaap |
Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
|
usd | |
CY2023Q4 | us-gaap |
Long Term Debt Noncurrent
LongTermDebtNoncurrent
|
usd | |
CY2022Q4 | us-gaap |
Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
|
usd | |
CY2023Q4 | us-gaap |
Commitments And Contingencies
CommitmentsAndContingencies
|
usd | |
CY2022Q4 | us-gaap |
Commitments And Contingencies
CommitmentsAndContingencies
|
usd | |
CY2023Q4 | us-gaap |
Preferred Stock Value
PreferredStockValue
|
usd | |
CY2022Q4 | us-gaap |
Preferred Stock Value
PreferredStockValue
|
usd | |
CY2023Q4 | us-gaap |
Preferred Stock Shares Issued
PreferredStockSharesIssued
|
shares | |
CY2022Q4 | us-gaap |
Preferred Stock Shares Issued
PreferredStockSharesIssued
|
shares | |
CY2023Q4 | us-gaap |
Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
|
shares | |
CY2022Q4 | us-gaap |
Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
|
shares | |
CY2023 | us-gaap |
Asset Impairment Charges
AssetImpairmentCharges
|
usd | |
CY2021 | us-gaap |
Asset Impairment Charges
AssetImpairmentCharges
|
usd | |
CY2022 | us-gaap |
Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
|
usd | |
CY2021 | us-gaap |
Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
|
usd | |
CY2021 | us-gaap |
Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
|
usd | |
CY2021 | us-gaap |
Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
|
usd | |
CY2021 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
20000000 | shares |
CY2022 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
23411068 | shares |
CY2022 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.27 | |
CY2023 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.49 | |
CY2021 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
1.05 | |
CY2022 | us-gaap |
Adjustments To Additional Paid In Capital Other
AdjustmentsToAdditionalPaidInCapitalOther
|
usd | |
CY2023 | us-gaap |
Adjustments To Additional Paid In Capital Other
AdjustmentsToAdditionalPaidInCapitalOther
|
usd | |
CY2023 | us-gaap |
Asset Impairment Charges
AssetImpairmentCharges
|
usd | |
CY2021 | us-gaap |
Asset Impairment Charges
AssetImpairmentCharges
|
usd | |
CY2022 | us-gaap |
Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
|
usd | |
CY2021 | us-gaap |
Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
|
usd | |
CY2022 | us-gaap |
Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
|
usd | |
CY2021 | us-gaap |
Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
|
usd | |
CY2021 | us-gaap |
Foreign Currency Transaction Gain Loss Realized After Tax
ForeignCurrencyTransactionGainLossRealizedAfterTax
|
usd | |
CY2022 | us-gaap |
Equity Method Investment Realized Gain Loss On Disposal
EquityMethodInvestmentRealizedGainLossOnDisposal
|
usd | |
CY2021 | us-gaap |
Equity Method Investment Realized Gain Loss On Disposal
EquityMethodInvestmentRealizedGainLossOnDisposal
|
usd | |
CY2022 | us-gaap |
Operating Lease Right Of Use Asset Amortization Expense
OperatingLeaseRightOfUseAssetAmortizationExpense
|
usd | |
CY2021 | us-gaap |
Operating Lease Right Of Use Asset Amortization Expense
OperatingLeaseRightOfUseAssetAmortizationExpense
|
usd | |
CY2022 | us-gaap |
Increase Decrease Due From Other Related Parties
IncreaseDecreaseDueFromOtherRelatedParties
|
usd | |
CY2022 | us-gaap |
Increase Decrease In Operating Lease Liability
IncreaseDecreaseInOperatingLeaseLiability
|
usd | |
CY2021 | us-gaap |
Increase Decrease In Operating Lease Liability
IncreaseDecreaseInOperatingLeaseLiability
|
usd | |
CY2022 | us-gaap |
Payments To Acquire Intangible Assets
PaymentsToAcquireIntangibleAssets
|
usd | |
CY2021 | us-gaap |
Payments To Acquire Intangible Assets
PaymentsToAcquireIntangibleAssets
|
usd | |
CY2023 | us-gaap |
Payments To Acquire Longterm Investments
PaymentsToAcquireLongtermInvestments
|
usd | |
CY2021 | us-gaap |
Payments To Acquire Longterm Investments
PaymentsToAcquireLongtermInvestments
|
usd | |
CY2022 | us-gaap |
Proceeds From Sale Of Longterm Investments
ProceedsFromSaleOfLongtermInvestments
|
usd | |
CY2021 | us-gaap |
Proceeds From Sale Of Longterm Investments
ProceedsFromSaleOfLongtermInvestments
|
usd | |
CY2022 | mhua |
Collection Of Longterm Deposits For Buildings
CollectionOfLongtermDepositsForBuildings
|
usd | |
CY2021 | mhua |
Collection Of Longterm Deposits For Buildings
CollectionOfLongtermDepositsForBuildings
|
usd | |
CY2022 | us-gaap |
Payments To Fund Longterm Loans To Related Parties
PaymentsToFundLongtermLoansToRelatedParties
|
usd | |
CY2021 | us-gaap |
Payments To Fund Longterm Loans To Related Parties
PaymentsToFundLongtermLoansToRelatedParties
|
usd | |
CY2023 | us-gaap |
Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
|
usd | |
CY2021 | us-gaap |
Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
|
usd | |
CY2023 | us-gaap |
Proceeds From Contributed Capital
ProceedsFromContributedCapital
|
usd | |
CY2021 | us-gaap |
Proceeds From Contributed Capital
ProceedsFromContributedCapital
|
usd | |
CY2023 | us-gaap |
Proceeds From Issuance Initial Public Offering
ProceedsFromIssuanceInitialPublicOffering
|
usd | |
CY2021 | us-gaap |
Proceeds From Issuance Initial Public Offering
ProceedsFromIssuanceInitialPublicOffering
|
usd | |
CY2023 | mhua |
Shareholder Contribution Through Deferred Cost
ShareholderContributionThroughDeferredCost
|
usd | |
CY2021 | mhua |
Shareholder Contribution Through Deferred Cost
ShareholderContributionThroughDeferredCost
|
usd | |
CY2022 | us-gaap |
Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
|
usd | |
CY2021 | us-gaap |
Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
|
usd | |
CY2022 | us-gaap |
Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
|
usd | |
CY2021 | us-gaap |
Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
|
usd | |
CY2023Q4 | us-gaap |
Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
|
usd | |
CY2022Q4 | us-gaap |
Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
|
usd | |
CY2022Q4 | us-gaap |
Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
|
usd | |
CY2021Q4 | us-gaap |
Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
|
usd | |
CY2022 | us-gaap |
Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
|
usd | |
CY2022 | us-gaap |
Financing Receivable Allowance For Credit Loss Foreign Currency Translation
FinancingReceivableAllowanceForCreditLossForeignCurrencyTranslation
|
usd | |
CY2022Q4 | us-gaap |
Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
|
usd | |
CY2022 | us-gaap |
Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
|
usd | |
CY2021 | us-gaap |
Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
|
usd | |
CY2023Q4 | us-gaap |
Prepaid Taxes
PrepaidTaxes
|
usd | |
CY2023 | us-gaap |
Interest Expense Debt
InterestExpenseDebt
|
usd | |
CY2021 | us-gaap |
Interest Expense Debt
InterestExpenseDebt
|
usd | |
CY2022 | us-gaap |
Operating Lease Expense
OperatingLeaseExpense
|
usd | |
CY2021 | us-gaap |
Operating Lease Expense
OperatingLeaseExpense
|
usd | |
CY2022 | us-gaap |
Deferred Other Tax Expense Benefit
DeferredOtherTaxExpenseBenefit
|
usd | |
CY2021 | us-gaap |
Deferred Other Tax Expense Benefit
DeferredOtherTaxExpenseBenefit
|
usd | |
CY2023 | dei |
Amendment Flag
AmendmentFlag
|
false | |
CY2023 | dei |
Document Fiscal Period Focus
DocumentFiscalPeriodFocus
|
FY | |
CY2023 | dei |
Entity Central Index Key
EntityCentralIndexKey
|
0001835615 |