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

-335,584

5,895

6,974

7,216

6,760

6,353

0

0

0

-

-

-

-

-

-

Net Income

-

-

-

-

-

-

-

-

-

-

6,903

-0

0

0

0

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

10,408

6,754

2,729

2,527

2,510

2,134

0

0

0

-

-

-

-

-

-

Goodwill impairment loss

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Gain from disposal of equipment

-84

-65

0

0

0

-

-

-

-

-

-

-

-

-

-

Allowance for doubtful accounts

329

72

-21

-25

-130

90

0

0

0

-

-

-

-

-

-

Allowance for inventories

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Deferred tax expenses (benefit)

-1,297

-250

957

1,068

761

641

0

0

0

-

-

-

-

-

-

Income from equity method investment

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Interest income earned in trust account

-

-

-

-

-

-

-

-

-

-

-

0

0

0

0

Changes in operating assets and liabilities:
Accounts receivable, net

-19,586

4,758

231

-91

-114

-203

0

0

0

-

-

-

-

-

-

Accounts receivable - related parties, net

448

-1,483

1,105

779

609

705

0

0

0

-

-

-

-

-

-

Inventories

-4,394

-1,112

5,702

1,376

1,265

-493

0

0

0

-

-

-

-

-

-

Advances to suppliers, net

-

-

-

-

-

-

0

0

0

-

-

-

-

-

-

Advances to suppliers - related parties, net

-296

-781

315

-1,571

-1,215

-1,721

0

0

0

-

-

-

-

-

-

Other current assets

0

-

0

0

0

-

0

0

0

-

-

-

-

-

-

Security deposit - related parties

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Other long-term assets

-82

-142

-29

17

117

-1,193

0

0

0

-

-

-

-

-

-

Change in prepaid expenses

-

-

-

-

-

-

-

-

-

-

-

0

0

0

0

Accounts payable

-12,254

-2,668

1,357

230

1,222

198

1,628

2,329

1,460

217

-1,314

0

0

0

0

Accounts payable - related parties

0

-

-

-

0

-

-

-

-

-

-

-

-

-

-

Accounts payable - related parties

-

-

-

-

-

-

-

0

0

-

-

-

-

-

-

Advance from customers

-

-

-

-

-

-

0

0

0

-

-

-

-

-

-

Advance from customers - related parties

0

-

0

0

0

-

0

0

0

-

-

-

-

-

-

Operating lease liability

0

-

-

-

0

-

-

-

-

-

-

-

-

-

-

Income tax payable

-

-

305

-54

-663

-453

0

0

0

-

-

-

-

-

-

Accrued expenses

0

-

0

0

0

-

0

0

0

-

-

-

-

-

-

Change in accrued taxes

-

-

-

-

-

-

-

-

-

-

-

0

0

0

0

Net cash provided by operating activities

20,772

4,666

3,913

7,923

10,875

11,953

14,640

21,387

18,885

15,286

9,128

-0

0

0

0

Cash flows from investing activities:
Purchase of property and equipment

3,651

4,835

6,262

6,162

3,070

3,075

0

0

0

-

-

-

-

-

-

Proceeds from disposal of equipment

200

286

0

0

0

-

-

-

-

-

-

-

-

-

-

Payment made for notes receivable

-

108

588

1,369

1,800

3,039

0

0

0

-

-

-

-

-

-

Proceeds from long-term notes receivable to related parties

-

-

-

-

0

-

-

-

-

-

-

-

-

-

-

Proceeds from long-term notes receivable to related parties

-

-

-

-

-

-

-

-

0

-

-

-

-

-

-

Payment made for long-term notes receivable to related parties

-

260

0

0

0

-

-

-

-

-

-

-

-

-

-

Payment made for acquisition of B&R Realty

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

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

-89,917

2,775

-6,168

-5,846

-5,289

-6,365

-13,341

-10,761

-7,924

-5,468

2,877

0

0

0

0

Cash flows from financing activities:
Repayment of bank overdraft

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Proceeds from lines of credit

0

-

-

-

0

-

-

-

-

-

-

-

-

-

-

Proceeds from lines of credit

-

-

-

-

-

-

-

0

0

-

-

-

-

-

-

Repayment of lines of credit

316,363

146,661

16,294

15,494

8,900

7,600

0

0

0

-

-

-

-

-

-

Proceeds from long-term debt

81,833

8,378

4,606

2,510

3,487

2,250

0

0

0

-

-

-

-

-

-

Repayment of long-term debt

7,089

6,338

1,760

2,233

2,557

3,119

0

0

0

-

-

-

-

-

-

Repayment of long-term debt - related parties

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Repayment of obligations under finance leases

324

384

0

0

0

-

-

0

0

-

-

-

-

-

-

Cash distribution to shareholders

0

-

-

-

-

1,161

0

0

0

-

-

-

-

-

-

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

-

-

-

-

-

-

-

-

-

-

-

160

0

0

0

Proceeds from note payable to related party

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

Proceeds from sale of common stock

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

Net cash provided by financing activities

74,937

1,607

1,266

-294

-4,553

-6,184

212

-11,415

-11,047

-9,688

-11,718

39

0

0

0

Net increase (decrease) in cash

5,792

9,048

-987

1,781

1,033

-596

1,510

-789

-85

129

287

38

0

0

0

Cash paid for interest

-

-

-

-

-

-

0

0

0

-

-

-

-

-

-

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