It tech packaging, inc. (ITP)
CashFlow / Quarterly
Mar'20Dec'19Sep'19Jun'19Mar'19Dec'18Sep'18Jun'18Mar'18Dec'17Sep'17Jun'17Mar'17Dec'16Sep'16Jun'16Mar'16Dec'15Sep'15Jun'15Mar'15Dec'14Sep'14Jun'14Mar'14Dec'13Sep'13Jun'13Mar'13Dec'12Sep'12Jun'12Mar'12Dec'11Sep'11Jun'11Mar'11
Cash Flows from Operating Activities:
Net Loss

-2,436

2,155

2,338

450

-2,722

-5,164

-1,404

109

-4,086

-1,636

1,572

15

1,707

3,070

3,034

2,581

-1,373

2,160

1,685

5,590

2,105

2,228

3,372

3,572

2,533

3,520

5,534

3,656

303

2,001

4,379

3,610

4,681

5,503

5,431

5,860

4,852

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

3,774

3,756

3,758

3,859

3,930

3,417

3,462

3,680

3,730

3,705

3,729

3,584

3,615

3,618

3,716

3,785

4,167

3,337

4,969

2,577

2,514

2,411

2,010

1,928

1,938

1,814

2,059

1,988

1,932

2,160

2,171

2,091

1,959

1,112

1,122

1,104

1,084

Loss from disposal and impairment of property, plant and equipment

-

-

-

-

-

3,914

0

0

-10

-2,303

-1,653

-12

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Allowance for bad debts

-22

2

-6

16

-10

35

-30

41

-22

33

-43

-18

-16

24

-15

1

34

-34

-8

6

2

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

(Recovery from)/ Allowance for bad debts

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

19

-11

7

0

-12

-4

9

-

-

-

-

-

-

-

-

Recovery from for bad debts

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-3

-

-

-

-

Loss from disposition of property, plant and equipment

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-0

-68

(Recovery from)/allowance for bad debts

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-24

Share-based compensation expenses

-

-

-

-

-

-

-

-

-

-

0

0

0

0

0

0

1,417

-5

5

0

0

-

-

-

-

-

-

-

-

0

0

0

378

0

0

0

30

Deferred tax

-541

-515

-594

-611

-647

-459

-538

-552

-538

-976

-745

-710

-578

-443

-486

-436

-591

-324

-384

-343

-150

-82

227

90

163

135

294

-70

50

-556

-385

0

0

-

-

-

-

Changes in operating assets and liabilities:
Accounts receivable

1,315

-277

-328

-223

535

-611

-1,525

2,068

-1,114

1,662

-2,189

-933

-805

1,205

-768

88

1,721

-1,983

-169

337

106

-427

663

575

-398

-

695

209

-463

-880

657

-709

-96

-

-

-

-

Accounts and notes receivable

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-432

-182

910

Prepayments and other current assets

5,486

-5,207

-125

-248

187

-9,255

1,209

-216

2,535

552

-2,835

-1,576

3,939

298

-63

-163

-1,481

1,581

-187

-44

-2,093

1,811

169

123

-305

-2,661

-58

2,520

-1,012

1,085

-194

-144

-450

4,691

-246

353

4

Inventories

-373

-3,099

1,386

4,102

-1,181

8,885

905

-4,671

202

-1,213

-977

2,250

2,358

-1,630

-889

-1,216

624

120

1,229

-2,590

3,818

117

-6,001

53

1,572

-7,018

951

2,631

-669

5,990

512

688

-2,166

6,167

-2,495

567

-1,993

Accounts payable

-41

-627

-247

-507

1,009

589

-62

-161

-129

394

-337

-154

-69

-728

743

-268

589

-868

255

37

839

-613

-5,792

5,439

45

-171

-102

-165

321

-127

400

640

-2,686

2,578

-1,236

572

384

Advance from customers

54

-

-

-

-

-

-

-

-

-0

-0

-0

-29

26

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Notes payable

-

22

43

34

-3,726

33

54

25

-2,374

27

36

9

3,634

119

1,393

-7,633

-5,153

8,100

82

-3,602

-5,958

-5,099

8,220

3,791

4,249

4,834

-14

-2,647

-557

2,614

553

0

0

-

-

-

-

Related parties

1,814

-2,124

205

124

37

36

36

38

39

-

-109

36

36

41

-409

29

38

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Accrued payroll and employee benefits

-62

49

-5

-48

87

28

-30

-71

66

-112

107

-114

127

-47

-291

279

-240

303

-297

200

-136

156

-225

125

-61

213

-217

287

-88

54

2

-24

-49

-89

31

18

0

Other payables and accrued liabilities

-728

443

168

884

-326

6,440

-247

615

69

-732

612

-154

-1,228

597

-144

260

795

-2,555

50

1,328

-315

-918

1,591

-107

-866

835

-361

1,012

113

128

-922

590

656

-371

-243

-241

-545

Income taxes payable

-1,379

24

700

679

-224

-

-

-

-

-731

625

-386

-345

89

158

-220

695

101

-1,363

306

956

-97

-199

-980

699

-355

347

-354

161

-193

522

-2,527

1,698

-

-

-1,455

1,611

Net Cash Provided by (Used in) Operating Activities

6,860

2,931

5,411

2,239

-3,052

7,360

661

6,005

-4,857

1,310

13,102

2,376

1,362

6,647

9,419

-303

-485

10,536

4,244

8,399

-1,975

-3,471

14,840

13,119

7,825

11,743

9,030

4,774

4,373

2,631

5,717

4,534

9,348

-3,098

8,021

5,116

8,590

Cash Flows from Investing Activities:
Purchases of property, plant and equipment

756

-

1,445

2,056

1,415

-

578

526

707

1,751

1,728

641

5,258

3,872

5,567

1,717

428

8,018

5,376

3,264

2,671

13,439

25,742

20

4

17,488

46,917

158

2

5,531

501

5,076

5,169

-3,967

7,043

16,505

5,843

Purchases of property, plant and equipment

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

270

0

0

0

Prepayment/deposit for purchase of property, plant and equipment

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1,811

2,452

-

-

-

-

Payment for construction in progress

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-13,444

10,484

2,960

-

-

-

-

-

-

-

-

-

-

-

-

Payment for construction in progress

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

22,912

1,319

-

-

-

-

-

-

-

-

Net Cash Used in Investing Activities

-756

-1,417

-1,427

-3,605

-1,415

-386

-578

-526

-707

-1,751

-1,694

-616

-5,258

-3,870

-5,568

-1,677

-428

-8,018

-5,376

-3,264

-2,671

-13,435

-9,375

-10,505

-2,965

-15,867

-20,102

-23,070

-1,322

-525

7

-3,776

-7,621

2,073

-7,044

-16,637

-5,842

Cash Flows from Financing Activities:
Proceeds from related party loans

-

-

-

-

-

-

-

-

-

66

6,942

1,967

63

132

132

210

198

1,769

827

4,080

471

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Proceeds from related party loans

-

-

-

-

-

-

-108

-51

4,749

-

0

0

0

3,006

0

0

14

-44

4,942

220

80

9,913

300

220

123

-

-

-

-

-

-

-

-

-

-

-

-

Proceeds from related party loans

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

174

421

358

-

390

500

0

-

-

-

-

Repayments of related party loans

-

-

-

-

-

3,636

-216

-103

9,498

-

0

0

0

-63

-41

6,118

14

2,340

90

220

80

150

300

220

123

437

174

421

358

140

390

500

200

-

-

-

-

Proceeds from short term bank loans

-

6,212

-47

-37

4,024

2,574

-227

-109

9,972

2,892

99

24

9,887

2,969

2,270

1,223

0

-

-

-

-

-

-

-

-

-

-

-

-

1,588

2,372

-1

1,981

43

820

6,030

1,494

Repayment of bank loans

-

6,456

-137

2,246

9,390

7,867

-101

-48

4,432

6,000

5,152

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1,983

790

-1

2,060

26

951

35

3,988

Payment of capital lease obligation

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

4,082

6

-

6

1,348

0

-

-

-

-

-

-

-

-

(Increase in) Release of restricted cash

-

-

-

-

-

-

-

-

-

-

-

-

-

87

1,373

-7,641

-2,086

8,063

48

-1,803

-3,793

-2,548

4,972

1,895

2,075

2,417

-7

-1,323

-278

-

-

-

-

-

-

-

-

Restricted cash

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-1,584

0

0

0

-

-

-

-

Net Cash Used in Financing Activities

-

-548

62

79

-5,366

-3,930

-18

-8

791

-3,157

-11,972

389

9,823

-5,872

-2,231

2,536

1,887

-4,172

3,592

-5,540

3,321

13,836

-2,669

-4,350

-2,081

-6,486

2,405

23,903

278

-2,209

1,352

-230

-279

206

-2,211

5,994

-2,493

Effect of Exchange Rate Changes on Cash and Cash Equivalents

-229

66

-375

-203

341

-28

-486

-663

471

83

238

263

23

-163

-60

-174

37

-66

-260

24

-21

32

1

29

-69

-69

-10

311

99

27

-19

4

13

38

-99

127

75

Net Increase (Decrease) in Cash and Cash Equivalents

5,874

1,031

3,671

-1,490

-9,492

3,014

-421

4,807

-4,301

-3,514

-326

2,412

5,950

-3,259

1,559

380

1,009

-1,721

2,200

-381

-1,346

-3,038

2,797

-1,706

2,709

-10,680

-8,676

5,918

3,429

-75

7,057

532

1,461

-779

-1,333

-5,398

329

Supplemental Disclosure of Cash Flow Information:
Cash paid for interest, net of capitalized interest cost

116

266

213

214

230

-15

298

323

787

0

324

321

713

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Cash paid for income taxes

1,379

1,361

666

-2

224

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Cash paid for interest, net of capitalized interest cost

-

-

-

-

-

-

-

-

-

-

-

-

-

-

510

696

539

1,537

333

1,082

302

1,177

181

356

111

63

508

72

62

68

59

186

171

177

250

74

187

Cash paid for income taxes

-

-

-

-

-

-

-

-

-

-

-

1,154

1,467

1,390

1,362

1,598

0

993

2,318

2,014

0

1,075

1,218

2,220

95

1,763

1,336

1,763

20

1,547

1,432

3,801

128

1,885

2,136

3,559

259

Cash and bank balances

11,712

1,031

3,671

-1,490

2,625

3,006

-276

5,004

740

-3,609

-448

2,305

4,648

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Restricted cash

-

-

-

-

-

8

-144

-197

3,975

94

122

106

5,797

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Total cash, cash equivalents and restricted cash shown in the statement of cash flows

-

-

-

-

-

3,014

-421

4,807

4,716

-3,514

-326

2,412

10,445

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Disposal of property, plant and equipment in lieu of payment for construction cost of a new plant

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

243

Issuance of 109,584 shares of common stock to directors and officers

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

378

-

-

-

-