| Mar'18 | Mar'17 | Mar'16 | ||||
|---|---|---|---|---|---|---|
Cash flows from operating activities | ||||||
Net income | ||||||
125 | 1,713 | 652 | ||||
Adjustments to reconcile net income (loss) to net cash provided by (used in) operating activities | ||||||
Depreciation and amortization | ||||||
19 | 19 | 26 | ||||
Gain on sale of investments | ||||||
0 | 0 | 230 | ||||
Impairment on investments | ||||||
0 | 0 | -30 | ||||
Changes in assets and liabilities | ||||||
Increase in accounts receivables | ||||||
925 | 634 | 59 | ||||
(Increase)/decrease in other receivables and prepayments | ||||||
825 | -148 | 225 | ||||
(Increase)/decrease in related party receivables | ||||||
207 | -516 | 529 | ||||
(Increase)/decrease in deferred tax asset | ||||||
0 | 13 | -64 | ||||
Increase in other current assets | ||||||
-33 | 0 | -0 | ||||
(Decrease)/increase in accounts payables | ||||||
-33 | 0 | 14 | ||||
Increase in taxes payable | ||||||
819 | 703 | 192 | ||||
(Decrease)/increase in accrued liabilities and other current liabilities | ||||||
-18 | 225 | 20 | ||||
Net cash (used in)/provided by operating activities | ||||||
-1,011 | 2,679 | -43 | ||||
Cash flows from investing activities | ||||||
Investment in affiliated entities | ||||||
0 | 0 | 34 | ||||
(Acquisitions)/disposals of investments | ||||||
4,825 | 0 | -253 | ||||
Increase in related party receivables | ||||||
0 | -842 | 615 | ||||
Purchase of equipment and improvements | ||||||
1,447 | 1 | 16 | ||||
Decrease in rent and utility deposits | ||||||
0 | 43 | 0 | ||||
Purchase of intangible assets | ||||||
0 | 0 | 0 | ||||
Net cash (used in)/provided by investing activities | ||||||
-6,273 | 797 | -413 | ||||
Cash flows from financing activities | ||||||
Proceeds from issuance of ordinary shares | ||||||
7,731 | 0 | 1,076 | ||||
Capital contribution from owners | ||||||
145 | 0 | 0 | ||||
Repayment of capital lease | ||||||
0 | 15 | 20 | ||||
Increase/(decrease) in related party payable | ||||||
27 | -155 | -640 | ||||
Net cash provided by/(used in) financing activities | ||||||
7,903 | -171 | 415 | ||||
Net Increase/(decrease) of Cash and Cash Equivalents | ||||||
618 | 3,305 | -41 | ||||
Effect of foreign currency translation on cash and cash equivalents | ||||||
97 | -85 | -2 | ||||
Supplemental cash flow disclosures | ||||||
Interest received | ||||||
312 | 69 | 0 | ||||
Interest paid | ||||||
0 | 0 | 66 | ||||
Income taxes paid | ||||||
285 | 0 | 0 | ||||