| Dec'17 | Dec'15 | |||||
|---|---|---|---|---|---|---|
CASH FLOWS FROM OPERATING ACTIVITIES | ||||||
Net (loss) income | ||||||
6,541 | -1,296 | |||||
Adjustments to reconcile net (loss) income to net cash generated from operating activities: | ||||||
Depreciation of property, plant and equipment | ||||||
6,099 | 4,230 | |||||
Change in allowance for doubtful accounts | ||||||
- | 109 | |||||
Loss on disposal of property, plant and equipment | ||||||
-13 | -20 | |||||
Loss from equity method investments | ||||||
-239 | 0 | |||||
Net (gain) loss on disposal of subsidiaries | ||||||
-168 | 163 | |||||
Share-based compensation | ||||||
3,990 | 1,929 | |||||
Changes in operating assets and liabilities: | ||||||
Accounts receivable | ||||||
-183 | 49 | |||||
Inventories | ||||||
290 | -256 | |||||
Prepaid expenses and other current assets | ||||||
2,110 | -67 | |||||
Amounts due from related parties | ||||||
115 | - | |||||
Deferred tax assets | ||||||
4,826 | 1,441 | |||||
Other non-current assets | ||||||
3 | 555 | |||||
Prepayments from customers | ||||||
-3,192 | 7,005 | |||||
Accrued expenses and other current liabilities | ||||||
10,927 | 5,664 | |||||
Income tax payable | ||||||
4,113 | 2,066 | |||||
Deferred revenue | ||||||
1,371 | 4,880 | |||||
Amounts due to a related party | ||||||
- | -14 | |||||
Other non-current liabilities | ||||||
1,991 | 1,100 | |||||
Net cash generated from operating activities | ||||||
25,099 | 23,808 | |||||
CASH FLOWS FROM INVESTING ACTIVITIES | ||||||
Acquisition of a business, net of cash acquired | ||||||
- | 1,031 | |||||
Proceeds from maturity of term deposits | ||||||
444 | - | |||||
Purchase of long-term investments | ||||||
- | 55 | |||||
Purchase of property, plant and equipment | ||||||
11,917 | 12,080 | |||||
Proceeds from disposal of subsidiaries | ||||||
- | 150 | |||||
Cash surrendered in disposal of subsidiaries | ||||||
168 | - | |||||
Loans to related parties | ||||||
1,010 | 6,508 | |||||
Repayment from loans to related parties | ||||||
3,818 | 4,423 | |||||
Loans to third parties | ||||||
- | 517 | |||||
Repayment from loans to third parties | ||||||
- | 613 | |||||
Proceeds from disposal of property, plant and equipment | ||||||
178 | 55 | |||||
Net cash used in investing activities | ||||||
-8,655 | -14,950 | |||||
CASH FLOWS FROM FINANCING ACTIVITIES | ||||||
Capital contribution from noncontrolling interests | ||||||
1,337 | 695 | |||||
Return of capital to Founders | ||||||
990 | - | |||||
Payment of initial public offering costs | ||||||
3,073 | - | |||||
Proceeds of exercise of options | ||||||
595 | - | |||||
Proceeds from issuance of ordinary shares | ||||||
- | 50,224 | |||||
Proceeds from initial public offering | ||||||
94,627 | - | |||||
Payment for repurchase of ordinary shares | ||||||
- | 19,475 | |||||
Payment for repurchase of convertible redeemable preferred shares | ||||||
- | 30,749 | |||||
Net cash generated from financing activities | ||||||
92,496 | 695 | |||||
Exchange rate effect on cash and cash equivalents | ||||||
3,666 | -977 | |||||
Net increase in cash and cash equivalents, and restricted cash | ||||||
112,606 | 8,576 | |||||
Supplemental schedule of cash flow information | ||||||
Income taxes paid | ||||||
-4,626 | -355 | |||||
Supplemental schedule of non-cash activities | ||||||
Acquisition of property, plant and equipment through deposits made | ||||||
2,187 | 3,524 | |||||
Acquisition of property, plant and equipment through payable | ||||||
708 | - | |||||
Contribution from the Founders | ||||||
- | 2,000 | |||||
Return of capital to settle with a loan from a related party (See Note 19) | ||||||
1,010 | - | |||||
A loan due from a related party settled with return of capital (See Note 19) | ||||||
1,010 | - | |||||