| Jun'18 | Jun'17 | Jun'16 | ||||
|---|---|---|---|---|---|---|
Cash flows from operating activities: | ||||||
Net income | ||||||
4,603 | 4,945 | 3,483 | ||||
Adjustments to reconcile net income to net cash | ||||||
Depreciation and amortization | ||||||
1,219 | 830 | 837 | ||||
Loss on disposition of fixed assets | ||||||
0 | 5 | 0 | ||||
Share-based compensation for services | ||||||
341 | 0 | 0 | ||||
Changes in inventory reserve | ||||||
14 | 400 | -443 | ||||
Change in bad debt allowance | ||||||
-5 | 43 | 0 | ||||
Deferred tax expenses (benefit) | ||||||
-12 | 53 | -66 | ||||
Unrealized foreign exchange gain (loss) | ||||||
103 | 33 | 306 | ||||
Changes in operating assets and liabilities: | ||||||
Accounts receivable | ||||||
1,462 | 743 | 588 | ||||
Inventories | ||||||
1,235 | 434 | -438 | ||||
Prepayments and other assets | ||||||
805 | 93 | -134 | ||||
Accounts payables | ||||||
-317 | 57 | -803 | ||||
Accrued expenses and other liabilities | ||||||
751 | 53 | -231 | ||||
Advance from customers | ||||||
-198 | 353 | -52 | ||||
Taxes payable | ||||||
753 | 871 | 659 | ||||
Net cash provided by operating activities | ||||||
3,514 | 5,507 | 3,948 | ||||
Cash flows from investing activities: | ||||||
Additions to property, plant and equipment | ||||||
13,443 | 3,620 | 1,219 | ||||
Purchase of intangible assets | ||||||
2,079 | 0 | 0 | ||||
Short term investment | ||||||
-28,737 | 0 | 0 | ||||
Net cash used in investing activities | ||||||
-44,260 | -3,620 | -1,219 | ||||
Cash flows from financing activities: | ||||||
Cash dividend paid | ||||||
0 | 2,725 | 0 | ||||
Net Proceeds from initial public offering | ||||||
50,200 | 0 | 0 | ||||
Changes in restricted cash | ||||||
0 | 0 | -1,957 | ||||
Proceeds from short-term bank loans | ||||||
4,921 | 5,842 | 6,209 | ||||
Repayment of short-term bank loans | ||||||
6,121 | 5,872 | 8,166 | ||||
Proceeds from (repayment of) related party loans | ||||||
-1,387 | 745 | -1,642 | ||||
Net cash provided by (used in) financing activities | ||||||
47,612 | -2,009 | -1,642 | ||||
Effect of exchange rate changes on cash | ||||||
-1,285 | 242 | 19 | ||||
Net increase in cash | ||||||
5,580 | 120 | 1,106 | ||||
Supplemental disclosure information: | ||||||
Cash paid for income tax | ||||||
34 | 0 | 4 | ||||
Cash paid for interest | ||||||
313 | 357 | 417 | ||||
Supplemental non-cash activity: | ||||||
Dividend declared and unpaid | ||||||
0 | 88 | 0 | ||||