Tmsr holding co ltd (TMSR)
CashFlow / Yearly
Dec'19Dec'18Dec'17Dec'16
CASH FLOWS FROM OPERATING ACTIVITIES:
Net (loss) income

-16,826

1,449

4,213

-541

Adjustments to reconcile net income to net cash used in operating activities:
Write down of assets in discontinued operations

13,380

-

-

-

Goodwill impairments of discontinued operations

3,424

-

-

-

Depreciation of plant and equipment

93

377

-

-

Depreciation of plant and equipment

-

-

184

-

Amortization of intangible assets

20

294

258

-

(Recovery of) provision for doubtful accounts

-

608

-6,428

-

Impairment loss of goodwill

-

-

3,838

-

Deferred tax provision (benefit)

79

92

-944

-

Loss on deconsolidation of subsidiaries

-

-14

-

-

Common stock issuable for consulting fees

-

-

-

97

Stock-based compensation for director fees

-

-

-

15

Change in operating assets and liabilities
Notes receivable

43

258

-

-

Accounts receivables

-852

1,588

19,624

-

Accounts receivable - related party

-

-4,618

-

-

Other receivables

-174

103

47

-

Other receivable - related party

-

-358

-

-

Inventories

-152

-3,250

8,782

-

Prepayments

2,486

14,044

-7,226

-10

Deferred revenue

-

39

621

-

Accounts payable

-471

80

-31

-7

Other payables and accrued liabilities

2,240

778

153

-

Customer deposits

148

430

-

-

Lease liabilities

-32

-

-

-

Customer deposits

-

-

1,015

-

Taxes payable

-12

2,779

5,065

-

Increase in accrued expenses

-

-

-

39

Withdrawal from Trust Account upon redemption of 963,112 shares

-

-

-

0

Net cash used in operating activities

759

-2,038

-426

-386

CASH FLOWS FROM INVESTING ACTIVITIES:
Cash (disposed from deconsolidation) received from acquisition of TJComex International Group Corp.

-

9

23

-

Cash received from JM Global Holding Company through reverse capitalization

-

7,989

-

-

Cash payment for acquisition of Wuhan HOST Coating Materials Co. Ltd., net

-

6,235

-

-

Cash received from acquisition of Rong Hai Electric Power Fuel Co. Ltd.

-

753

-

-

Cash deconsolidated from disposal of Hubei Shengrong Environmental Protections and Energy Saving Technology Co. Ltd.

-

49

-

-

Purchase of equipment

-

3

1

-

Interest income withdrawal (reinvested) in Trust Account

-

-

-

85

Redemption of 963,112 shares

-

-

-

0

Net cash provided by investing activities

-

2,444

21

-85

CASH FLOWS FROM FINANCING ACTIVITIES:
Proceeds from issuance of common stock

2,984

133

-

-

Proceeds from short-term loans - bank

-

2,265

3,700

-

Repayments of short-term loans - bank

507

2,265

3,700

-

Proceeds from third party loan

-

19

145

-

Repayments of other payable - related parties

-

-205

201

-

Net cash provided by (used in) financing activities

2,476

-52

347

0

EFFECT OF EXCHANGE RATE ON CASH

64

-89

17

-

INCREASE IN CASH

3,301

264

-39

-472

SUPPLEMENTAL CASH FLOW INFORMATION:
Cash paid for income tax

40

210

22

-

Cash paid for interest

23

167

163

-

NON-CASH TRANSACTIONS OF INVESTING AND FINANCING ACTIVITIES
Reverse capitalization with JM Global Holding Company

-

7,454

-

-

Issuance of common stock for the acquisition of Wuhan HOST Coating Materials Co. Ltd.

-

4,700

-

-

Issuance of common stock for the acquisition of Jiangsu Rong Hai Electric Power Fuel Co. Ltd.

-

9,260

-

-

Cancellation of common stock for the disposition of Hubei Shengrong Environmental Protections and Energy Saving Technology Co. Ltd.

-

28,561

-

-

Issuance of common stock for warrants conversion

0

-

-

-

Issuance of common stock for warrants conversion

-

-

5,500

-

Issuance of common stock for debts settlement

552

-

-

-

Initial recognition of right-of-use assets and lease liabilities

316

-

-

-

Cancellation of common stock issued for future services included in unamortized prepaid expenses

-

-

-

65