| Sep'17 | Sep'16 | Sep'15 | ||||
|---|---|---|---|---|---|---|
Cash Flows from Operating Activities: | ||||||
Net income | ||||||
5,933 | 5,302 | 5,008 | ||||
Adjustments to reconcile net income to net cash used in operating activities: | ||||||
Depreciation expense | ||||||
425 | 442 | 493 | ||||
Amortization expense | ||||||
12 | 13 | 14 | ||||
Bad debt expense | ||||||
160 | 691 | 691 | ||||
Deferred tax benefits | ||||||
-24 | -103 | 0 | ||||
Changes in operating assets and liabilities: | ||||||
Accounts receivable | ||||||
-2,419 | 10,200 | 10,604 | ||||
Other receivables | ||||||
-411 | 381 | -18 | ||||
Notes receivable | ||||||
121 | 76 | -279 | ||||
Inventories | ||||||
3,505 | 775 | -2,546 | ||||
Advance to suppliers | ||||||
6,153 | 805 | 2,352 | ||||
Accounts payable | ||||||
-417 | 796 | -277 | ||||
Accrued expenses and other current liabilities | ||||||
791 | 412 | -325 | ||||
Accrued payroll and welfare | ||||||
-49 | 50 | 63 | ||||
Advance from customers | ||||||
282 | 1,400 | -1,197 | ||||
Income tax payable | ||||||
979 | 2,031 | 2,861 | ||||
Net cash provided (used in) operating activities | ||||||
1,146 | -1,201 | -2,780 | ||||
Cash Flows from Investing Activities: | ||||||
Purchases of property, plant and equipment | ||||||
155 | 123 | 289 | ||||
Purchases of intangible assets | ||||||
6 | 0 | 0 | ||||
Net cash used in investing activities | ||||||
-161 | -123 | -289 | ||||
Cash Flows from Financing activities: | ||||||
Net proceeds from issuance of shares | ||||||
5,582 | 0 | 0 | ||||
Capital contributions from non-controlling interest | ||||||
0 | 15 | 0 | ||||
Net proceeds released from (placed into) restricted cash | ||||||
2,651 | -206 | 446 | ||||
Net proceeds (repayments) from short-term bank borrowings | ||||||
-499 | 2,148 | 98 | ||||
Proceeds from notes payable borrowings | ||||||
0 | 0 | 161 | ||||
Repayments on notes payable | ||||||
3,816 | 2,602 | 0 | ||||
Proceeds from related parties | ||||||
6,051 | 1,485 | 2,034 | ||||
Net cash provided by financing activities | ||||||
9,968 | 840 | 2,741 | ||||
Effect of exchange rate changes on cash | ||||||
201 | -18 | -22 | ||||
Net increase in cash and cash equivalents | ||||||
11,154 | -503 | -350 | ||||
Supplemental disclosures of cash flows information: | ||||||
Cash paid for income taxes | ||||||
54 | 108 | 49 | ||||
Cash paid for interest expenses | ||||||
1,233 | 939 | 1,272 | ||||