Recon technology, ltd (RCON)
CashFlow / Quarterly
Sep'16Jun'16Mar'16Dec'15Sep'15Jun'15Mar'15Dec'14Sep'14Jun'14Mar'14Dec'13Sep'13Jun'13Mar'13Dec'12Sep'12Jun'12Mar'12Dec'11Sep'11
Related Party [Member]
Net loss

-818,652

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Cash flows from operating activities:
Net loss

-

-

-1,504,000

-358,746

-1,392,649

-5,196,166

-230,512

936,705

-676,299

-510,573

-303,052

1,076,953

33,628

-266,102

-195,724

931,106

-369,164

-

39,157

245,360

-531,913

Adjustments to reconcile net loss to net cash provided by (used in) operating activities:
Depreciation and amortization

30,821

30,850

36,466

35,544

40,884

25,948

15,728

25,000

19,720

22,534

24,921

24,812

24,504

25,467

24,593

38,470

11,427

-

13,871

12,247

13,859

Gain from disposal of equipment

5,385

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Provision for (net recovery of) doubtful accounts

1,203

1,506,531

340,272

-316

332,073

-575,917

24,641

28,147

-11,109

138,240

46,550

48,150

13,807

-107,935

26,690

25,491

-65,302

-

-

-

-

Provision for slow moving inventories

39,299

380,217

-1,259

5,921

-19,411

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Share based compensation

294,843

215,565

244,499

219,198

177,304

181,707

149,625

84,044

97,601

125,209

122,866

78,933

67,622

83,082

72,678

71,821

71,804

72,218

41,498

41,323

41,139

Loss from investment

-

-

-

-

-

0

0

0

0

-108,131

-20,992

-59,252

-61,048

-

-

-

-

-

-

-

-

Deferred tax provision

0

-7,927

241,184

31,526

-2,590

-79,133

-3,705

-4,227

-331

8,543

-7,016

-7,206

1,934

14,205

1,014

-4,039

4,993

-

-

-

-

Change in fair value of warrants liability

-

0

0

0

0

3,373

-1,693

-619,660

-44,593

-

-

-

-

-

-

-

-

-

-

-

-

Restricted shares issued for services

0

54,047

202,962

55,390

31,867

63,159

6,414

462

190,355

-

-

-

-

-

-

-

-

-

-

-

-

Changes in operating assets and liabilities:
Notes receivable

-233,037

488,130

-238,104

-27,684

-153,916

625,223

550,540

-485,064

0

-456

3,528

-1,789

-420,255

416,738

0

0

0

403,838

-1,268

-1,162

-199,409

Trade accounts receivable, net

-155,297

-1,321,455

-3,009,884

2,390,506

-265,313

-

-

-

-

-

-

-

-

-

-

-

791,270

-

9,687

3,024,048

-390,392

Inventories, net

43,222

-101,283

407,507

-628,589

142,992

-92,973

-3,110

319,396

467,996

-1,258,863

-8,138

678,522

761,590

-283,242

254,551

-1,779,507

28,968

771,637

-105,219

-1,131,157

194,915

Other receivable, net

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-643,098

4,772

274,412

Purchase advance, net

-

-65,862

27,538

-837,051

133,317

-

-

-

-

-

-

-

-

-

-

-

-

-

1,395,118

211,061

84,271

Tax recoverable

-

-

-

-

-

0

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Tax recoverable

-

-

-

-

-

-

-

-

-

-

787

-126,674

32,466

86,318

-2,426

-634,151

192,308

-

-

-

-

Prepaid expense

-

-

-

-

-

-

-

-

-

-

294,394

-236,792

36,548

331,009

110,927

-5,984

-61,268

-146,826

346,518

-110,799

-12,788

Trade accounts payable

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-443,965

-

-514,685

1,308,772

227,734

Other payables

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-107,702

-

164,781

149,126

16,072

Deferred revenue

-26,310

24,418

-24,581

-308,893

26,281

-81,529

-69,700

-153,258

-46,041

15,333

64,225

76,362

12,790

39,296

16,236

-56,813

15,875

279,970

-64,738

1,377

-78,853

Advances from customers

-75

-27,295

9,694

-6,950

-24,980

21,803

1,539

16,438

-84,400

85,386

-45,321

19,425

-5,766

-114,214

-36,249

-74,870

150,121

19,383

8,345

8,600

-12,090

Accrued payroll and employees' welfare

17,697

7,497

-21,797

21,411

13,105

-10,368

3,927

-26,276

4,660

4,295

8,095

-290,502

22,205

54,937

70,459

32,480

10,704

131,773

4,133

-12,089

1,467

Accrued expenses

-8,476

15,447

5,076

6,618

-1,181

-29,485

28,835

-765

2,284

-7,039

-83,441

42,512

1,555

23,203

11,029

-42,239

9,997

26,210

5,040

-27,005

16,547

Taxes payable

-12,035

174,300

-97,159

-195,462

237,249

-104,397

-239,853

250,467

-123,471

-

-

-

-

-

-

-

-

-

-

-

-

Taxes payable

-

-

-

-

-

-

-

-

-

-

-351,422

537,056

1,857

2,652

-484,323

207,571

-198,928

246,108

-49,193

152,722

44,289

Net cash provided by (used in) operating activities

-48,489

156,720

-352,207

305,865

-153,372

174,600

-147,880

-887,153

-1,619,916

-

-

-

-

-

-

-

-

-

-

-

-

Net cash provided by (used in) operating activities

-

-

-

-

-

-

-

-

-

-

-

-

-1,297,238

1,250,805

1,925,021

787,773

37,221

-1,999,635

-1,143,449

-105,182

-212,758

Cash flows from investing activities:
Purchases of property and equipment

4,441

-50,686

1,141

2,785

74,013

257,178

403

68,133

15,602

35,631

36,047

4,878

1,095

14,081

30,094

137,818

-60,216

-222,266

73,417

92

15,797

Proceeds from disposal of equipment

7,781

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net cash used in investing activities

-

-

-

-

-

-

-

-

-

-

-

-

-1,095

-263,920

-19,371

-2,479

-60,216

-44,429

-73,412

678

-15,797

Cash flows from financing activities:
Net cash used in investing activities

3,340

50,413

8,162

-2,785

-74,013

-249,732

2,217

-12,439

-15,602

-

-

-

-

-

-

-

-

-

-

-

-

Proceeds from short-term bank loans

-

-

-

-

-

1,149,652

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Repayments of short-term bank loans

-

1,051,255

494

77,033

0

1,314,980

1,568

788

325,024

-

-

-

-

-

-

-

-

-

-

-

-

Proceeds from short-term borrowings

-

-

-

-

-

-

-

-

-

-

482,028

1,288,300

1,231,993

-

-

-

-

-

-

-

-

Repayments of short-term borrowings

79,458

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Repayments of short-term bank loans

-

-

-

-

-

-

-

-

-

-

-

-

-

269,707

5,346,951

-1,750,052

-149,855

-

-

-

-

Repayment of short-term borrowings

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-31,960

-

-

-

-

Proceeds from sale of ordinary shares, net of issuance costs

0

-224

0

0

26,098

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net cash (used in) provided by financing activities

-145,143

-283,740

269,139

-395,231

-1,122,821

1,330,639

100,095

716,000

-325,024

-

-

-

-

-

-

-

-

-

-

-

-

Net cash provided by (used in) financing activities

-

-

-

-

-

-

-

-

-

-

-

-

372,145

20,398

-1,211,047

-858,268

-180,603

-

-

-

-

Effect of exchange rate fluctuation on cash

943

104

-9,944

1,792

17,514

-1,657

-10,916

2,544

-77

7

-7,959

16,663

2,439

-47,212

1,962

43,085

1,677

19,831

-214

-17,588

1,855

Net increase (decrease) in cash

-189,349

-76,503

-84,850

-90,359

-1,332,692

1,253,850

-56,484

-181,048

-1,960,619

1,499,043

-2,101,424

2,459,356

-923,749

960,071

696,565

-29,889

-201,921

186,177

198,075

-150,062

-226,700

Supplemental cash flow information
Cash paid during the year for interest

25,097

31,642

31,261

29,332

43,726

41,905

49,034

45,855

37,383

-1,896

41,624

78,316

34,578

3,260

66,504

85,167

64,290

17,243

12,357

19,423

21,031

Cash paid during the year for taxes

0

-649

10,966

-240

11,366

43,952

67,788

27,836

5,246

889

113,645

0

0

1,999

132,455

0

0

-

-

-

-

Non-cash investing and financing activities
Cancelation of prior issuance of 40,625 shares of common stock for professional services

-

-

-

-

0

-

327,486

-396

-162,954

-

-

-

-

-

-

-

-

-

-

-

-

AR and short-term borrowings-related parties offset

0

-910

198

-664

31,477

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-