| Jun'19 | Jun'18 | Jun'17 | Jun'16 | Jun'15 | ||
|---|---|---|---|---|---|---|
CASH FLOWS FROM OPERATING ACTIVITIES: | ||||||
NET INCOME (LOSS) | ||||||
881 | 7,528 | 8,619 | 8,292 | 7,440 | ||
Adjustments to reconcile net income (loss) to net cash provided by operating activities: | ||||||
Depreciation and amortization | ||||||
791 | 698 | 575 | 871 | 811 | ||
Loss from disposal of property and equipment | ||||||
- | -5 | 8 | - | - | ||
Gain from disposal of property and equipment | ||||||
- | - | - | 0 | - | ||
Provision for doubtful accounts | ||||||
4,379 | 262 | -342 | 324 | 111 | ||
Provision for (reversal of) inventory reserve | ||||||
-3 | 124 | 37 | 290 | 62 | ||
Deferred tax benefit | ||||||
-170 | -28 | 86 | -120 | -64 | ||
Income from equity method investments | ||||||
516 | 907 | 927 | - | - | ||
Income from equity method investments | ||||||
- | - | - | 672 | 1,788 | ||
Interest income from loans to related parties | ||||||
- | - | 86 | 0 | - | ||
Impairment of investment | ||||||
- | - | - | - | 244 | ||
Gain on disposal of investment | ||||||
- | - | - | 233 | 0 | ||
Impairment loss on goodwill | ||||||
- | 2,153 | 0 | - | - | ||
Impairment loss on an unconsolidated entity | ||||||
200 | - | - | - | - | ||
Value of shares issued to IFG Fund for equity, we subsequently cancelled | ||||||
434 | - | - | - | - | ||
Changes in operating assets and liabilities: | ||||||
Accounts receivable | ||||||
-3,766 | 3,569 | 8,136 | 1,980 | 3,481 | ||
Advances to suppliers | ||||||
7,501 | 2,563 | 2,339 | -1,249 | -1,916 | ||
Inventories | ||||||
-68 | 25 | -2,122 | -2,834 | 2,809 | ||
Other receivables | ||||||
179 | -170 | 72 | -172 | 277 | ||
Prepaid expense and other assets | ||||||
10 | -4 | 401 | -135 | 43 | ||
Due from related parties | ||||||
64 | -126 | 976 | - | - | ||
Due from related parties | ||||||
- | - | - | -246 | -1,056 | ||
Long-term deposit and other noncurrent assets | ||||||
- | - | - | - | -9 | ||
Prepaid leases | ||||||
-420 | -485 | -466 | -495 | 1,139 | ||
Accounts payable | ||||||
-1,985 | 2,145 | -96 | - | - | ||
Advances from customers | ||||||
367 | -70 | - | 1,008 | 92 | ||
Accounts payable | ||||||
- | - | - | 105 | 133 | ||
Advances from customers | ||||||
- | - | -3 | -21 | 20 | ||
Other payables | ||||||
2,220 | 1,272 | -1,614 | - | - | ||
Taxes payable | ||||||
400 | 2,036 | 354 | - | - | ||
Taxes payable | ||||||
- | - | - | 292 | 351 | ||
NET CASH PROVIDED BY OPERATING ACTIVITIES | ||||||
3,498 | 9,846 | -2,744 | - | - | ||
NET CASH PROVIDED BY (USED IN) OPERATING ACTIVITIES | ||||||
- | - | - | 13,290 | 2,646 | ||
CASH FLOWS FROM INVESTING ACTIVITIES: | ||||||
Acquisitions of property and equipment | ||||||
96 | 1,763 | 49 | 498 | 101 | ||
Proceeds from disposal of property and equipment | ||||||
- | 0 | 17 | 0 | - | ||
Proceeds from withdrawal of investments | ||||||
- | - | - | 466 | 0 | ||
Payment for construction in progress | ||||||
41 | -58 | - | - | - | ||
Advances of loans to third parties | ||||||
-359 | 831 | 4 | 189 | -224 | ||
Loan advances to related party | ||||||
- | - | 0 | - | - | ||
Repayments from (advances to) related party | ||||||
251 | -53 | 565 | 1,366 | -969 | ||
Income received from investments in unconsolidated entities | ||||||
- | 153 | 990 | 2,428 | 65 | ||
Deposit for business acquisition | ||||||
- | - | 2,055 | 0 | - | ||
Deposit for potential investment | ||||||
- | - | 200 | 0 | - | ||
Cash of subsidiary acquired | ||||||
- | 23 | 0 | - | - | ||
NET CASH PROVIDED BY (USED IN) INVESTING ACTIVITIES | ||||||
-246 | -748 | -725 | - | - | ||
NET CASH PROVIDED BY (USED IN) INVESTING ACTIVITIES | ||||||
- | - | - | 3,952 | -1,230 | ||
CASH FLOWS FROM FINANCING ACTIVITIES: | ||||||
Proceeds from short-term loans | ||||||
2,418 | 2,459 | - | 3,148 | 3,583 | ||
Proceeds from short-term loans | ||||||
43 | - | 2,673 | - | - | ||
Proceeds from private equity | ||||||
- | - | - | - | 699 | ||
Repayment of short-term loans | ||||||
2,198 | 2,877 | 2,701 | - | - | ||
Repayment of other short-term loans | ||||||
85 | - | - | - | - | ||
Repayment of short-term loans | ||||||
- | - | - | 3,526 | 2,893 | ||
Proceeds from initial public offering, net of offering costs | ||||||
- | - | 5,394 | 0 | - | ||
Proceeds from issuance of 1,637,700 of common stock | ||||||
1,589 | - | - | - | - | ||
Proceeds from advances from related parties | ||||||
44 | -67 | 17 | 122 | - | ||
NET CASH PROVIDED BY FINANCING ACTIVITIES | ||||||
1,812 | -485 | 5,383 | - | - | ||
EFFECT OF EXCHANGE RATE CHANGE ON CASH | ||||||
-1,220 | -279 | -768 | - | - | ||
Proceeds from advances from related parties | ||||||
- | - | - | - | 136 | ||
NET CASH PROVIDED BY (USED IN) FINANCING ACTIVITIES | ||||||
- | - | - | -255 | 1,527 | ||
EFFECT OF EXCHANGE RATE CHANGE ON CASH | ||||||
- | - | - | -1,033 | 23 | ||
NET INCREASE IN CASH | ||||||
3,843 | 8,332 | 1,145 | 15,953 | 2,966 | ||
SUPPLEMENTAL CASH FLOW DISCLOSURES: | ||||||
Cash paid for income taxes | ||||||
694 | 857 | 845 | 991 | 913 | ||
Cash paid for interest | ||||||
115 | 133 | 150 | - | - | ||
SUPPLEMENTAL NON-CASH OPERATING ACTIVITY: | ||||||
Cash paid for interest | ||||||
- | - | - | 366 | 223 | ||
Issued 200,000 shares of deferred issuance cost | ||||||
- | - | 0 | - | - | ||
Issued 200,000 shares of deferred issuance cost | ||||||
- | 434 | - | - | - | ||
Long-term investment converted to fixed assets | ||||||
- | - | - | 6,219 | 0 | ||