CHINA RECYCLING ENERGY CORP CREG Cash Flow

China recycling energy corp (CREG)

CashFlow / TTM

Dec'19	Sep'19	Jun'19	Mar'19	Dec'18	Sep'18	Jun'18	Mar'18	Dec'17	Sep'17	Jun'17	Mar'17	Dec'16	Sep'16	Jun'16	Mar'16	Dec'15	Sep'15	Jun'15	Mar'15	Dec'14	Sep'14	Jun'14	Mar'14	Dec'13	Sep'13	Jun'13	Mar'13	Dec'12	Sep'12	Jun'12	Mar'12	Dec'11	Sep'11	Jun'11	Mar'11
CASH FLOWS FROM OPERATING ACTIVITIES:
Loss before noncontrolling interest
-8,772	-76,151	-74,671	-70,937	-69,200	-13,258	-10,250	-8,488	-7,669	962	2,185	-48,071	-48,642	-48,662	-47,012	14,282	18,367	23,969	25,455	20,751	19,725	18,581	18,205	15,498	15,815	13,416	7,005	4,500	3,222	-2,083	11,113	16,647	19,588	0	0	0
Adjustments to reconcile loss including noncontrolling interest to net cash used in operating activities:
Depreciation
-	-	-	-	2	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Amortization of OID and debt issuing costs of convertible note
97	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Changes in sales type leases receivables
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	62,013	49,092	27,702	14,079	0	179	18,762	18,835	30,106	0	0	0
Depreciation and amortization
-	-	-	-	-	-	-	-	-	-	1	2	4	5	7	8	26	26	26	30	20	32	42	47	49	46	46	47	50	52	54	57	57	0	0	0
Amortization of prepaid loan fees
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	82	82	81	81	80	80	0	0	0	-	-	-	-
Stock option expense
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Amortization of discount related to beneficial conversion feature of convertible note
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	2,140	9,447	9,938	11,175	12,116	0	0	0
Changes in fair value of conversion feature liability
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1,127	0	0	0	-	-	-	-
Interest expense from changes in fair value of conversion feature liability
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0
Stock option expense
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	89	45	122	370	1,455	0	0	0
Investment loss
-	-	-	-	0	-303	-268	-220	-176	157	-277	-364	-258	-268	281	325	184	155	15	13	20	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Bad debt expense
-	-	-	32,219	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Loss on disposal of 40% ownership of Fund Management Co
-46	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Loss on transfer of Chengli Boxing system
624	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Loss on transfer of Xuzhou Huayu system
397	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Loss on transfer of Shenqiu Phase I & II systems
208	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Loss on sales of construction in progress of Xuzhou Zhongtai
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Loss on disposal of fixed assets
-0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Gain on note conversion
-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Changes in deferred tax
-3,024	-431	-687	-1,389	1,022	-2,555	-1,661	-1,158	-1,061	-624	-798	-11,677	-8,832	-8,185	-7,903	1,445	-1,252	-1,828	-1,852	832	1,055	2,943	3,985	3,530	3,933	1,929	1,853	1,524	1,000	-434	-34	-399	6	0	0	0
Changes in assets and liabilities:
Interest receivable on sales type leases
170	723	-0	-112	184	1,243	2,189	3,353	4,561	5,540	7,097	6,875	5,192	2,600	824	-797	-378	-381	-385	234	211	191	310	1,070	-172	53	-73	-1,171	-1,510	-1,216	-1,680	147	1,794	0	0	0
Collection of principal on sales type leases
-	-	-	-	-2,444	0	0	0	-	-	-	-	-19,955	-24,928	-26,521	-54,951	-54,760	-58,743	-64,278	-20,531	-21,675	-15,167	-11,426	-11,196	-10,874	-9,644	-8,664	-8,073	-8,190	-8,455	-8,449	-8,132	-7,457	0	0	0
Accounts receivable
-2,383	-925	-1,292	137	159	1,784	2,325	1,950	2,408	-10,364	-20,242	-18,677	-1,902	26,162	28,522	33,943	16,039	-4,066	7,281	76	-54	3,954	-5	-45	-12	-60	-60	-13,278	-18,997	0	0	0	-	-	-	-
Prepaid expenses
-	-	-	-	-696	-206	-11	5	14	-988	-224	-342	-440	1	290	305	295	-134	-149	-445	-90	-741	-579	101	150	1,263	-35	-91	-95	74	75	124	107	0	0	0
Other receivables
135	344	1,345	543	461	-1,007	379	373	509	1,475	191	-262	52	-1,483	-1,630	-824	-598	1,403	375	109	-865	-917	1,077	841	1,153	987	43	84	-412	-242	-1,663	-254	114	0	0	0
Notes receivable
-	-	-	-	-967	-1,062	99	418	947	0	0	0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Construction in progress
-	-	-	-	7,130	7,988	3,353	3,278	3,233	3,183	3,796	3,677	-19,830	-43,834	-40,947	-36,312	-9,300	23,928	22,561	52,597	70,645	65,055	121,818	82,870	58,881	61,336	-12,000	-8,213	-6,542	-13,368	-1,020	7,802	5,650	0	0	0
Accounts payable
-2,837	-3,768	-684	3,875	2,611	3,965	1,323	1,062	1,576	1,111	1,434	1,554	1,044	-258	-848	-53	343	-11,707	-13,836	-4,645	-7,021	8,508	14,401	-2,068	4,281	2,797	-1,796	4,816	-652	-8,351	1,041	-3,494	-1,327	0	0	0
Taxes payable
-1,317	-1,215	-948	827	717	8,496	8,562	7,905	8,128	637	40	563	221	-273	-2,375	-592	-1,464	-1,168	1,961	-475	1,054	412	121	676	143	1,247	952	173	-1,570	-488	-948	-3	1,197	0	0	0
Interest payable on entrusted loan
-9,091	9,793	9,805	10,039	10,093	7,816	7,924	7,746	7,638	5,695	3,718	1,817	-28	0	0	0	-	-	-	-	-1	-3,300	-2,031	-1,016	-39	-15	-205	-123	-28	-347	-225	-124	-53	0	0	0
Accrued interest on convertible notes
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-383	-201	113	156	215	-244	-294	-319	-431	0	0	0
Accrued liabilities and other payables
-36	-663	-23	-269	93	553	-420	-267	-458	-1,585	-1,225	-1,264	-1,948	-930	-1,304	193	104	1,083	1,969	610	1,731	1,262	-146	-229	-47	-282	212	498	252	-1,155	-1,547	-1,719	-1,967	0	0	0
Refundable deposit for systems leasing
-478	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net cash provided by (used in) operating activities
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	72,811	-	-	-	-18,464	-35,120	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Net cash provide by (used in) operating activities
-14,649	-7,310	-6,555	137	2,168	3,997	2,649	1,791	-285	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	32,927	42,391	38,201	22,377	-6,719	-17,233	0	0	0
CASH FLOWS FROM INVESTING ACTIVITIES:
Proceeds from disposal of property & equipment
5	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Changes of restricted cash
-	-	-	-	-	-	-	-	-	-	-	-	-1,105	0	0	360	-	-	-	-726	-2,278	3,185	6,835	-363	-503	1,256	-146	228	2,396	1,978	961	743	-1,896	0	0	0
Acquisition of property and equipment
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	19	20	21	21	2	4	3	18	23	22	22	5	1	0	0	0	-	-	-	-
Net cash provided by investing activities
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-360	-	-	-	704	2,276	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Net cash provided by investing activities
5	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-234	-2,398	-1,982	-965	-751	1,888	0	0	0
CASH FLOWS FROM FINANCING ACTIVITIES:
Convertible note payable
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	7,583	0	0	0
Issuance of notes payable
2,000	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Proceeds from loans
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	60,832	52,943	126,686	112,004	89,633	81,374	4,802	4,774	4,752	22,358	25,400	25,427	24,772	0	0	0
Repayment of loans
-	-	-	-	-	-	-	-	740	838	8,549	14,777	30,576	52,405	53,311	68,862	58,498	39,215	33,393	13,891	15,830	41,744	45,325	45,069	44,399	24,232	17,847	16,194	10,297	8,044	8,053	7,563	7,067	0	0	0
Long term payable
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	2,359	2,724	3,099	3,451	1,405	1,394	1,373	1,655	1,307	0	0	0	-	-	-	-	-	-	-	-
Notes receivable
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	651	650	811	647	-643	-643	-642	-570	82	0	0	0	-	-	-	-
Repayment of notes payable
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1,356	-2,322	0	0	0
Issuance of common stock
3,309	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Repayment of convertible notes
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	-
Convertible note
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	-	-	-	-	-
Advance to related parties
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0
Advance from related parties
-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	3	3	2	-11,867	-7,277	-2,361	-4,026	11,843	6,768	2,334	3,998	482	-46	-2,935	0	0	0	-	-	-	-
Net cash used in financing activities
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-62,402	-	-	-	27,977	60,803	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Net cash used in (provided by) financing activities
-21,816	0	0	0	-	-	-	-	-740	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-14,523	-10,067	502	9,368	11,378	18,481	0	0	0
EFFECT OF EXCHANGE RATE CHANGE ON CASH AND EQUIVALENTS
-541	-790	-2,100	-3,561	-2,464	-2,357	1,525	4,960	3,103	272	-1,020	-2,913	-3,045	-1,608	-3,366	-2,141	-2,402	-1,749	271	196	209	9	151	542	783	1,203	919	211	129	-254	307	649	740	0	0	0
NET INCREASE (DECREASE) IN CASH AND EQUIVALENTS
-37,001	-97	348	3,891	3,392	2,634	4,162	6,157	2,077	7,627	4,239	12,491	6,002	-12,494	-10,646	7,906	5,878	36,794	46,768	10,414	28,169	-18,480	-26,015	-28,611	-37,302	-21,304	-9,017	18,381	30,055	36,467	31,087	4,556	3,877	0	0	0
Supplemental cash flow data:
Income tax paid
-	-	-	-	1,160	1,541	1,643	2,244	1,815	0	0	0	-	-	-	4,840	-	-	-	5,219	3,990	3,074	2,755	3,345	3,326	3,098	2,930	2,084	3,427	3,686	4,775	4,288	3,471	0	0	0
Interest paid
-	-	-	-	-	-	-	-	14	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Supplemental disclosure of non-cash financing activities
Interest paid
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	14,634	-	-	-	15,572	13,834	17,621	19,763	17,321	14,294	13,654	9,384	9,710	9,754	10,525	10,097	9,624	9,373	0	0	0