IT TECH PACKAGING, INC. ITP Cash Flow

It tech packaging, inc. (ITP)

CashFlow / TTM

Mar'20	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:
Net Loss
2,507	2,221	-5,098	-8,841	-9,182	-10,545	-7,017	-4,040	-4,134	1,659	6,366	7,829	10,394	7,312	6,402	5,053	8,062	11,542	11,609	13,296	11,278	11,706	12,998	15,160	15,244	13,014	11,495	10,339	10,294	14,672	18,174	19,227	21,477	21,648	0	0	0
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation and amortization
15,148	15,304	14,965	14,669	14,490	14,290	14,578	14,845	14,749	14,633	14,547	14,534	14,735	15,287	15,006	16,259	15,051	13,398	12,473	9,513	8,865	8,289	7,691	7,740	7,800	7,794	8,140	8,253	8,356	8,382	7,335	6,286	5,298	4,424	0	0	0
Loss from disposal and impairment of property, plant and equipment
-	-	-	-	-	3,904	-2,313	-3,966	-3,978	-3,968	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Allowance for bad debts
-9	2	34	10	35	23	21	8	-51	-45	-54	-26	-5	44	-13	-6	-2	-34	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
(Recovery from)/ Allowance for bad debts
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	16	-16	-9	-7	0	0	0	-	-	-	-	-	-	-	-
Recovery from for bad debts
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	-
Loss from disposition of property, plant and equipment
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0
(Recovery from)/allowance for bad debts
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0
Share-based compensation expenses
-	-	-	-	-	-	-	-	-	-	0	0	0	1,417	1,412	1,417	1,417	0	0	0	0	-	-	-	-	-	-	-	-	378	378	378	378	30	0	0	0
Deferred tax
-2,262	-2,369	-2,313	-2,257	-2,198	-2,089	-2,605	-2,813	-2,971	-3,010	-2,478	-2,219	-1,945	-1,959	-1,839	-1,737	-1,644	-1,203	-961	-349	83	398	616	683	523	409	-281	-961	-891	-941	0	0	0	-	-	-	-
Changes in operating assets and liabilities:
Accounts receivable
485	-294	-628	-1,826	466	-1,183	1,090	427	-2,574	-2,265	-2,722	-1,301	-280	2,246	-942	-344	-95	-1,710	-154	679	917	413	0	0	0	-	-438	-477	-1,396	-1,029	0	0	0	-	-	-	-
Accounts and notes receivable
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0
Prepayments and other current assets
-94	-5,392	-9,441	-8,106	-8,074	-5,726	4,080	35	-1,325	79	-174	2,598	4,011	-1,410	-126	-251	-132	-744	-514	-156	11	1,799	-2,673	-2,901	-504	-1,211	2,534	2,398	-266	295	3,902	3,850	4,348	4,803	0	0	0
Inventories
2,015	1,207	13,192	12,711	3,938	5,322	-4,776	-6,659	262	2,417	2,001	2,089	-1,378	-3,112	-1,361	756	-616	2,578	2,576	-4,654	-2,011	-4,257	-11,394	-4,441	-1,863	-4,105	8,902	8,464	6,521	5,024	5,201	2,194	2,073	2,246	0	0	0
Accounts payable
-1,423	-372	843	1,028	1,374	234	39	-234	-227	-166	-1,289	-208	-322	336	195	-292	14	263	518	-5,529	-128	-921	-479	5,210	-393	-117	-72	430	1,236	-1,771	933	-703	-771	2,299	0	0	0
Advance from customers
0	-	-	-	-	-	-	-	-	-29	-3	-2	-2	26	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Notes payable
-	-3,625	-3,615	-3,604	-3,613	-2,261	-2,267	-2,284	-2,301	3,707	3,800	5,157	-2,484	-11,273	-3,292	-4,603	-573	-1,378	-14,577	-6,439	954	11,163	21,096	12,861	6,421	1,614	-605	-36	2,611	3,168	0	0	0	-	-	-	-
Related parties
19	-1,757	403	234	148	150	0	0	0	-	4	-295	-302	-300	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Accrued payroll and employee benefits
-67	82	61	37	14	-6	-147	-9	-52	8	72	-326	67	-300	50	44	-33	70	-76	-4	-79	-4	51	59	221	194	36	255	-56	-17	-161	-132	-89	-39	0	0	0
Other payables and accrued liabilities
768	1,169	7,167	6,751	6,481	6,878	-294	565	-204	-1,503	-173	-930	-514	1,509	-1,644	-1,449	-381	-1,492	144	1,686	250	-299	1,453	-499	619	1,599	892	331	-89	453	-46	632	-200	-1,402	0	0	0
Income taxes payable
25	1,180	0	0	0	-	-	-	-	-839	-17	-484	-318	722	734	-787	-260	0	-198	966	-320	-577	-835	-288	337	-200	-38	136	-2,036	-500	0	0	0	-	-	0	0
Net Cash Provided by (Used in) Operating Activities
17,442	7,530	11,959	7,209	10,975	9,170	3,119	15,560	11,931	18,151	23,489	19,806	17,126	15,277	19,166	13,991	22,694	21,204	7,196	17,791	22,511	32,313	47,528	41,718	33,374	29,921	20,810	17,497	17,257	22,231	16,501	18,805	19,387	18,630	0	0	0
Cash Flows from Investing Activities:
Purchases of property, plant and equipment
0	-	0	0	0	-	3,564	4,714	4,828	9,380	11,501	15,340	16,416	11,586	15,732	15,541	17,088	19,331	24,752	45,118	41,874	39,207	43,256	64,431	64,568	64,566	52,610	6,194	11,112	16,278	6,779	13,321	24,750	25,424	0	0	0
Purchases of property, plant and equipment
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	271	0	0	0
Prepayment/deposit for purchase of property, plant and equipment
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	-	-	-	-
Payment for construction in progress
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Payment for construction in progress
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	-	-	-	-	-	-	-	-
Net Cash Used in Investing Activities
-7,207	-7,866	-6,835	-5,986	-2,907	-2,198	-3,563	-4,679	-4,769	-9,321	-11,440	-15,314	-16,375	-11,545	-15,693	-15,501	-17,088	-19,331	-24,747	-28,747	-35,987	-36,281	-38,712	-49,439	-62,005	-60,362	-45,021	-24,910	-5,616	-11,915	-9,316	-16,368	-29,230	-27,451	0	0	0
Cash Flows from Financing Activities:
Proceeds from related party loans
-	-	-	-	-	-	-	-	-	9,040	9,106	2,296	539	675	2,312	3,006	6,875	7,148	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Proceeds from related party loans
-	-	-	-	-	-	0	0	0	-	3,006	3,006	3,006	3,020	-30	4,911	5,131	5,197	15,156	10,513	10,513	10,557	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Proceeds from related party loans
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-	0	0	0	-	-	-	-
Repayments of related party loans
-	-	-	-	-	12,813	0	0	0	-	-63	-105	6,012	6,026	8,430	8,562	2,664	2,730	540	750	750	793	1,080	954	1,156	1,390	1,093	1,309	1,388	1,230	0	0	0	-	-	-	-
Proceeds from short term bank loans
-	10,152	6,514	6,333	6,261	12,210	12,528	12,855	12,989	12,903	12,980	15,151	16,350	6,463	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	5,941	4,396	2,844	8,876	8,389	0	0	0
Repayment of bank loans
-	17,955	19,366	19,403	17,108	12,149	10,283	15,537	15,585	11,153	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	4,832	2,875	3,036	3,073	5,001	0	0	0
Payment of capital lease obligation
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	-	0	0	0	-	-	-	-	-	-	-	-
(Increase in) Release of restricted cash
-	-	-	-	-	-	-	-	-	-	-	-	-	-8,267	-290	-1,615	4,223	2,515	-8,096	-3,173	525	6,395	11,361	6,381	3,161	807	0	0	0	-	-	-	-	-	-	-	-
Restricted cash
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-1,584	0	0	0	-	-	-	-
Net Cash Used in Financing Activities
-	-5,772	-9,154	-9,235	-9,323	-3,165	-2,392	-14,346	-13,948	-4,917	-7,632	2,107	4,254	-3,681	-1,981	3,843	-4,232	-2,798	15,210	8,948	10,138	4,734	-15,588	-10,513	17,739	20,100	24,377	23,324	-809	-1,367	1,048	-2,514	3,710	1,496	0	0	0
Effect of Exchange Rate Changes on Cash and Cash Equivalents
-741	-170	-265	-376	-836	-705	-593	131	1,057	609	362	63	-373	-360	-263	-464	-266	-324	-225	36	42	-5	-108	-120	161	330	428	418	111	26	37	-42	80	141	0	0	0
Net Increase (Decrease) in Cash and Cash Equivalents
9,087	-6,279	-4,296	-8,389	-2,091	3,099	-3,429	-3,334	-5,729	4,522	4,778	6,663	4,631	-309	1,228	1,868	1,106	-1,249	-2,566	-1,970	-3,295	760	-6,881	-18,354	-10,729	-10,009	595	16,329	10,943	8,974	8,271	-120	-6,051	-7,182	0	0	0
Supplemental Disclosure of Cash Flow Information:
Cash paid for interest, net of capitalized interest cost
811	926	643	728	837	1,393	1,409	1,435	1,433	1,359	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Cash paid for income taxes
3,405	2,250	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Cash paid for interest, net of capitalized interest cost
-	-	-	-	-	-	-	-	-	-	-	-	-	-	3,284	3,107	3,493	3,255	2,895	2,743	2,017	1,826	712	1,039	756	708	713	263	378	486	594	785	673	689	0	0	0
Cash paid for income taxes
-	-	-	-	-	-	-	-	-	-	-	5,374	5,818	4,351	3,953	4,909	5,325	5,325	5,408	4,308	4,515	4,611	5,298	5,416	4,959	4,884	4,668	4,764	6,802	6,909	7,248	7,952	7,710	7,841	0	0	0
Cash and bank balances
14,924	5,837	7,812	3,863	10,359	8,474	1,858	1,687	-1,011	2,895	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Restricted cash
-	-	-	-	-	3,642	3,728	3,995	4,299	6,121	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Total cash, cash equivalents and restricted cash shown in the statement of cash flows
-	-	-	-	-	12,117	5,587	5,682	3,287	9,017	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Disposal of property, plant and equipment in lieu of payment for construction cost of a new plant
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0
Issuance of 109,584 shares of common stock to directors and officers
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	-