Zhongchao
Cash Flow
Last updated:
Cash flow statement presents a set of outflows and inflows of cash within a company through operating, investing and financing activities. Over the last year, operating activities of Zhongchao generated cash of $54,229, which is more than the previous year. Cash used in financing activities reached the amount of $0 last year. Net change in cash is therefore -$3,971,759.
Cash Flow
| 2017 | -537.65K | -1.83M | 2.73M |
|---|---|---|---|
| 2018 | 1.31M | -504.04K | 4.33M |
| 2019 | 1.40M | -203.07K | -1.19M |
| 2020 | -1.03M | -4.09M | 11.49M |
| 2021 | 2.86M | -4.01M | 0 |
| 2022 | -661.74K | -3.34M | 1.85M |
| 2023 | 54.22K | -3.75M | 0 |
ZCMD Cash Flow Statement (2017 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|
Cash at beginning of period | 11.52M | 13.91M | 15.07M | 7.83M | 7.91M | 2.97M | 2.42M |
Operating activities | |||||||
Net income | -11.33M | -2.82M | 238.66K | 4.45M | 4.00M | 3.00M | 1.49M |
| Adjustments to reconcile net income to cash generated by operating activities: | |||||||
Depreciation and amortization | 923.61K | 730.31K | 702.97K | 424.67K | 262.16K | 38.69K | 16.27K |
Stock-based compensation expense | 135.54K | 160.77K | 211.82K | 168.35K | 159.98K | 0 | 110.94K |
| Deferred income tax benefit | 135.54K | 160.77K | 211.82K | 168.35K | 159.98K | 0 | 110.94K |
| Changes in operating assets and liabilities: | |||||||
Accounts receivable, net | 2.78M | 1.07M | -104.23K | -5.48M | -3.13M | -792.03K | -777.42K |
Inventories | -409.77K | -193.83K | 2.01M | -855.70K | 1.22M | -985.77K | -845.13K |
Accounts payable | 548.59K | 103.82K | -375.14K | 260.35K | 94.46K | -548.50K | -737.35K |
Cash generated by operating activities | 54.22K | -661.74K | 2.86M | -1.03M | 1.40M | 1.31M | -537.65K |
Investing activities | |||||||
Purchases Of Investments | -6.31M | -996.63K | -150K | -2.04M | -2.46M | -2.92M | -1.75M |
Investments In Property Plant And Equipment | -839.73K | -1.86M | -1.79M | -848.86K | -1.31M | -1.08M | -81.69K |
Acquisitions Net | 31.63K | -3.04M | -708.12K | -1.21M | -33.71K | 418.52K | 0 |
Cash generated by investing activities | -3.75M | -3.34M | -4.01M | -4.09M | -203.07K | -504.04K | -1.83M |
Financing activities | |||||||
Common Stock Issued | 0 | 1.85M | 0 | 11.88M | -468.32K | 0 | 0 |
Payments for dividends | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Repurchases of common stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Repayments of term debt | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Cash used in financing activities | 0 | 1.85M | 0 | 11.49M | -1.19M | 4.33M | 2.73M |
Net Change In Cash | -3.97M | -2.39M | -1.15M | 7.24M | -86.12K | 4.94M | 554.82K |
Cash at end of period | 7.54M | 11.52M | 13.91M | 15.07M | 7.83M | 7.91M | 2.97M |
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