Hf foods group inc. (HFFG)
CashFlow / Quarterly
Mar'20Dec'19Sep'19Jun'19Mar'19Dec'18Sep'18Jun'18Mar'18Dec'17Sep'17Jun'17Mar'17Dec'16Sep'16
Cash flows from operating activities:
Net Income (loss)

-339,686

1,512

1,528

1,060

1,793

2,591

1,770

605

1,386

-

-

-

-

-

-

Net Income

-

-

-

-

-

-

-

-

-

-

6,903

-0

-0

-0

-0

Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation and amortization expense

4,526

4,580

738

562

872

555

537

545

496

-

-

-

-

-

-

Goodwill impairment loss

338,191

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Gain from disposal of equipment

20

-134

28

0

39

-

-

-

-

-

-

-

-

-

-

Allowance for doubtful accounts

154

122

23

29

-103

28

19

-75

118

-

-

-

-

-

-

Allowance for inventories

46

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Deferred tax expenses (benefit)

-931

-397

244

-213

115

810

356

-521

-3

-

-

-

-

-

-

Income from equity method investment

35

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Interest income earned in trust account

-

-

-

-

-

-

-

-

-

-

-

0

0

0

0

Changes in operating assets and liabilities:
Accounts receivable, net

-23,477

6,124

-574

-1,658

867

1,598

-898

-1,681

777

-

-

-

-

-

-

Accounts receivable - related parties, net

1,784

-1,868

-12

545

-147

720

-338

374

-50

-

-

-

-

-

-

Inventories

-1,780

-8,763

3,703

2,445

1,501

-1,948

-622

2,334

-257

-

-

-

-

-

-

Advances to suppliers, net

-

-

-

-

-

-

708

54

-547

-

-

-

-

-

-

Advances to suppliers - related parties, net

119

-245

-239

68

-364

851

-2,126

423

-870

-

-

-

-

-

-

Other current assets

-540

-

286

337

-331

-

360

232

-171

-

-

-

-

-

-

Security deposit - related parties

-58

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Other long-term assets

15

-41

-64

8

-44

71

-17

108

-1,355

-

-

-

-

-

-

Change in prepaid expenses

-

-

-

-

-

-

-

-

-

-

-

0

0

0

0

Accounts payable

-7,319

-3,923

-888

-122

2,266

102

-2,015

868

1,243

1,531

-1,314

0

0

0

0

Accounts payable - related parties

-783

-

-

-

-1,099

-

-

-

-

-

-

-

-

-

-

Accounts payable - related parties

-

-

-

-

-

-

-

1,621

-917

-

-

-

-

-

-

Advance from customers

-

-

-

-

-

-

253

127

-7

-

-

-

-

-

-

Advance from customers - related parties

-213

-

0

119

46

-

-223

28

1,196

-

-

-

-

-

-

Operating lease liability

102

-

-

-

164

-

-

-

-

-

-

-

-

-

-

Income tax payable

-

-

0

-283

296

292

-359

-892

506

-

-

-

-

-

-

Accrued expenses

436

-

-1,263

-4

110

-

294

2,085

-489

-

-

-

-

-

-

Change in accrued taxes

-

-

-

-

-

-

-

-

-

-

-

0

0

0

0

Net cash provided by operating activities

18,627

4,223

-1,627

-451

2,521

3,471

2,381

2,501

3,598

6,157

9,129

-0

-0

-0

-0

Cash flows from investing activities:
Purchase of property and equipment

160

-545

224

3,812

1,344

881

124

719

1,349

-

-

-

-

-

-

Proceeds from disposal of equipment

90

11

42

56

176

-

-

-

-

-

-

-

-

-

-

Payment made for notes receivable

-

0

0

0

108

479

780

430

1,347

-

-

-

-

-

-

Proceeds from long-term notes receivable to related parties

-

-

-

-

13

-

-

-

-

-

-

-

-

-

-

Proceeds from long-term notes receivable to related parties

-

-

-

-

-

-

-

-

241

-

-

-

-

-

-

Payment made for long-term notes receivable to related parties

-

0

87

56

117

-

-

-

-

-

-

-

-

-

-

Payment made for acquisition of B&R Realty

94,004

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Interest withdrawal from trust account to pay franchise taxes

-

-

-

-

-

-

-

-

-

-

-

0

0

-

-

Investment of cash and marketable securities in Trust Account

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

Net cash used in investing activities

-94,073

7,573

-24

-3,393

-1,380

-1,369

297

-2,836

-2,456

-8,346

2,877

0

0

0

0

Cash flows from financing activities:
Repayment of bank overdraft

-1,477

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Proceeds from lines of credit

174,101

-

-

-

1,500

-

-

-

-

-

-

-

-

-

-

Proceeds from lines of credit

-

-

-

-

-

-

-

2,000

600

-

-

-

-

-

-

Repayment of lines of credit

172,301

134,967

1,400

7,694

2,600

4,600

600

1,100

1,300

-

-

-

-

-

-

Proceeds from long-term debt

75,600

2,277

4,475

-518

2,144

-1,494

2,379

458

907

-

-

-

-

-

-

Repayment of long-term debt

1,346

2,732

2,503

506

594

-1,845

2,976

830

1,157

-

-

-

-

-

-

Repayment of long-term debt - related parties

730

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Repayment of obligations under finance leases

122

69

67

65

182

-

-

106

102

-

-

-

-

-

-

Cash distribution to shareholders

125

-

-

-

-

0

60

789

311

-

-

-

-

-

-

Proceeds from sale of public units during the Public Offering

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

Proceeds from sale of private units concurrent with the Public Offering

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

Proceeds from sale of underwriter's unit purchase option

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

Proceeds from sale of units upon partial exercise of over-allotment option

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

Proceeds from sale of private units upon partial exercise of over-allotment option

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

Payment of offering costs

-

-

-

-

-

-

-

-

-

-

-

0

5

36

118

Proceeds from note payable to related party

-

-

-

-

-

-

-

-

-

-

-

-

-

0

175

Proceeds from sale of common stock

-

-

-

-

-

-

-

-

-

-

-

-

-

0

25

Net cash provided by financing activities

73,597

-4,062

1,513

3,889

267

-4,403

-48

-368

-1,364

1,994

-11,676

0

-5

-36

81

Net increase (decrease) in cash

-1,848

7,734

-138

44

1,407

-2,301

2,630

-704

-221

-194

329

-0

-5

-36

81

Cash paid for interest

-

-

-

-

-

-

324

350

333

-

-

-

-

-

-

Repayment of old note payable by new note holder (Note 5)

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

Repayment of note payable by converting into partial price of private placement

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

Proceeds from issuance of shares in May 2017 paid directly by new shareholders to repurchase initial shareholder shares

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0