7Baggers
Quarterly
Annual
    Unit: USD2024-06-30 2024-03-31 
      
    		  
      cash flows from operating activities:
    		  
      net income
    		26,969,000 27,195,000 
      adjustments to reconcile net income to net cash from operating activities:
    		  
      allowance for doubtful accounts
    		244,000 63,000 
      inventory write-down
    		487,000 304,000 
      loss on other assets
    		  
      deferred tax
    		-4,843,000 -2,034,000 
      share-based compensation
    		13,872,000 275,000 
      depreciation and amortization
    		2,064,000 2,081,000 
      income from disposal of property and equipment
    		162,000 6,000 
      operating lease
    		10,213,000 8,806,000 
      unrealized foreign currency exchange gains
    		44,000 -686,000 
      others
    		37,000 1,859,000 
      changes in operating assets and liabilities:
    		  
      accounts receivable
    		-10,449,000 -632,000 
      inventories
    		-11,947,000 -56,047,000 
      prepayments and other assets
    		913,000 -2,289,000 
      accounts payable
    		-6,965,000 16,881,000 
      contract liabilities
    		-1,048,000 2,045,000 
      income tax payable
    		-6,813,000 6,552,000 
      accrued expenses and other current liabilities
    		5,766,000 11,005,000 
      net cash from operating activities
    		19,108,000 15,309,000 
      capex
    		-6,203,000 -3,993,000 
      free cash flows
    		12,905,000 11,316,000 
      cash flows from investing activities:
    		  
      cash paid for purchase of property and equipment
    		-6,203,000 -3,993,000 
      cash received from disposal of property and equipment
    		111,000 1,525,000 
      purchases of investments
    		-11,843,000 -10,000,000 
      net cash from investing activities
    		-17,935,000 -12,468,000 
      cash flows from financing activities:
    		  
      repayment of finance lease obligations
    		-554,000 -595,000 
      repayment of bank loans
    		  
      net cash from financing activities
    		-554,000 -595,000 
      effect of foreign currency exchange rate changes on cash, cash equivalents and restricted cash
    		  
      net increase in cash, cash equivalents and restricted cash
    		  
      cash, cash equivalents and restricted cash at the beginning of the period
    		  
      cash, cash equivalents and restricted cash at the end of the period
    		  
      supplemental disclosure of cash flow information
    		  
      cash paid for interest expense
    		59,000 81,000 
      cash paid for income taxes
    		14,966,000 1,596,000 
      interest income
    		 -75,000 
      effect of foreign currency exchange rate changes on cash and restricted cash
    		 -306,000 
      net increase in cash and restricted cash
    		 1,940,000 
      cash and restricted cash at the beginning of the period
    		 184,168,000 
      cash and restricted cash at the end of the period
    		 186,108,000 
      interest expense of capital leases
    		  
      changes in operating assets and liabilities, net of businesses acquired:
    		  
      acquisitions, net of cash acquired
    		  
      payment of share repurchase
    		  
      proceeds from prepaid consideration of restricted shares
    		  
      proceeds from initial public offering, net of ipo costs
    		  
      cash and restricted cash at the beginning of the year
    		  
      cash and restricted cash at the end of the year
    		  
      non-cash investing and financing activities:
    		  
      purchase of property and equipment under finance leases
    		  
      share based awards attributable to the ipo where no cash payment is required
    		  
      reversal of subscription receivable from ordinary shares
    		  
      fair value of assets acquired by acquisition
    		  
      cash paid for business combinations and asset purchases
    		  
      liabilities assumed by acquisition
    		  
    The information provided in this report is taken from www.sec.gov and many other data providers. While we have conducted our best efforts to ensure that the parsed data is accurate, we cannot guarantee its accuracy. Please use caution and understand that any consequences of its use are your own responsibility.