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Consolidated Statements of Cash Flows - CNY (¥)
¥ in Thousands
12 Months Ended
Dec. 31, 2022
Dec. 31, 2021
Dec. 31, 2020
Cash flows from operating activities:      
Net income ¥ 38,406 ¥ 52,693 ¥ 80,919
Net income (loss) from discontinued operation (7,691) (5,088) 2,019
Net income from continuing operation 46,097 57,781 78,900
Adjustments to reconcile net (loss) / income to net cash generated from operating activities:      
Depreciation 12,068 13,650 11,329
Amortization 719 718 296
Bad debt provision (9) (14)
Deferred income taxes 4,405 (1,612) (5,336)
Changes in operating assets and liabilities:      
Accounts receivable (58,892) 3,939 (27,994)
Advances to suppliers and other current assets (127,647) (66,075) (27,310)
Accounts payable 10,671 (5,118) 125
Deferred revenue (8) 121 (3,894)
Accrued expenses & other payables 19,356 (54,432) (39,262)
Taxes payable 8,892 9,618 6,141
Advances from customers (338) 20,249 (22,907)
Net Cash used in Operating Activities - Continuing Operations (84,686) (21,175) (29,912)
Net Cash generated from Operating Activities - Discontinued Operations 85,275 109,545 134,735
Cash flows from investing activities      
Purchase of property and equipment (17,847) (24,211) (33,491)
Purchase of intangible assets (794) (1,662) (1,635)
Disposal of property and equipment 39    
Disposal of a subsidiaries, net of cash 44,689    
Acquisition of a subsidiaries, net of cash (41,984)
Net cash generated from/(used in) investing activities - Continuing Operations 26,087 (67,857) (35,126)
Net cash generated from/(used in) investing activities - Discontinued Operations 107,586 (65,755) 16,089
Cash flows from financing activities:      
Prepayment for the issuance of common stock   296,386
Dividend to shareholders (6,432) (166,688) (42,300)
Treasury stock (533)    
Proceeds from amounts due from related parties, net 122,094 62,243 45,430
Repayment of amounts due to related parties, net (150,071) (45,810) (151,000)
Proceeds from loan 101,775 286,042 139,421
Repayment of loans (150,151) (297,988)
Net cash generated from/(used in) financing activities - Continuing Operations (83,318) 134,185 (8,449)
Net cash generated from/(used in) financing activities - Discontinued Operations   (10,614) 13,542
Effect of exchange rate changes on cash 1,968 318 144
Net increase in cash 52,912 78,647 91,023
Cash at beginning of year 114,197 136,953 117,333
Cash at end of year 167,109 215,600 208,356
Less: Cash and cash equivalents, from the discontinued operations, end of period (61,851) (101,403) (71,403)
Cash and cash equivalents, from the continuing operations end of period 105,258 114,197 136,953
Supplemental disclosures of cash flow information      
Income tax paid 20,017 15,042 14,034
Interests paid 9,546 9,545 5,747
Supplemental disclosures of non-cash investing and financing activities      
Payable for declared dividends 6,432 157,663
Consideration payable for the acquisition of subsidiaries ¥ 104,606