AviChina Industry & Technology Company Limited
AVIJF · OTC
12/31/2024 | 12/31/2023 | 12/31/2022 | 12/31/2021 | |
|---|---|---|---|---|
| Operating Activities | – | – | – | – |
| Net Income | $5,754,451 | $6,688,581 | $2,320,450 | $2,369,276 |
| Dep. & Amort. | $3,163,324 | $2,790,540 | $2,735,835 | $1,743,806 |
| Deferred Tax | $0 | $0 | $0 | $10,949,465 |
| Stock-Based Comp. | $0 | $0 | $124,425 | $169,772 |
| Change in WC | -$7,943,644 | -$14,308,562 | -$21,033,673 | -$11,119,237 |
| Other Non-Cash | $1,196,347 | $745,946 | $26,074,424 | -$1,868,494 |
| Operating Cash Flow | $2,170,477 | -$4,083,495 | $10,221,462 | $2,244,588 |
| Investing Activities | – | – | – | – |
| PP&E Inv. | -$4,280,371 | -$4,729,115 | -$4,230,104 | -$2,857,822 |
| Net Acquisitions | $2,106 | $7,020 | $14,904 | -$42,340 |
| Inv. Purchases | -$4,552,548 | -$7,405,251 | $0 | -$4,983,354 |
| Inv. Sales/Matur. | $5,048,535 | $8,301,382 | $0 | $5,198,408 |
| Other Inv. Act. | -$1,584,333 | $212,282 | $1,299,764 | $742,677 |
| Investing Cash Flow | -$5,366,611 | -$3,613,682 | -$2,915,436 | -$1,942,430 |
| Financing Activities | – | – | – | – |
| Debt Repay. | $4,879,726 | -$659,938 | $4,230,856 | -$1,286,913 |
| Stock Issued | $0 | $0 | $0 | $0 |
| Stock Repurch. | -$8,495 | -$3,579 | -$1,772 | -$23,582 |
| Dividends Paid | -$2,545,829 | -$980,034 | -$1,075,014 | -$1,663,101 |
| Other Fin. Act. | $3,010,731 | $5,191,384 | $258,118 | $3,397,404 |
| Financing Cash Flow | $5,336,133 | $3,547,832 | $3,412,188 | $423,807 |
| Forex Effect | $14,837 | $11,852 | $140,266 | -$23,721 |
| Net Chg. in Cash | $2,154,836 | -$4,137,493 | $11,351,632 | $702,245 |
| Supplemental Information | – | – | – | – |
| Beg. Cash | $37,179,887 | $41,296,794 | $23,538,722 | $22,836,477 |
| End Cash | $39,334,724 | $37,159,302 | $34,890,353 | $23,538,722 |
| Free Cash Flow | -$2,109,893 | -$8,812,609 | $5,991,358 | -$613,233 |