Wing Hang Bank Cash Flow - Annual (OTCMKTS:WGHGY)

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$32 $0 (0%) WGHGY stock closing price Dec 04, 2014 (Closing)

The financial analysis of WGHGY requires an investor to check the cash flows for Wing Hang Bank. Financials statements like the income statement and balance sheet show that the company has Wing Hang Bank profits and Wing Hang Bank debt, while the cash flow statement provides details of cash flow movments. Wing Hang Bank had cash and cash equivalents of $2.47B at beginning of year and $2.63B at year end for 2013. Wing Hang Bank cash flow analysis tells whether or not the company has enough cash for its day to day activities, and for investing for future growth. WGHGY increase in investments stood at a positive value of $184.95M for the latest 2013. View details of Wing Hang Bank cash flows for latest & last ten financial years.

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Annual
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Fiscal year is Jan - Dec. 2013 2012 2011 2010 2007 2006
Wing Hang Bank Net Income Cash Flow
254.98M232.89M257.28M225.59M--
Depreciation Depletion Amortization Cash-Flow27.63M27.12M23.43M19.34M--
Net Increase (Decrease) in Assets Liabilities-11.56M-1.79B1.17B-472.02M--
Cash From (used in) Discontinued Operations------
Other Adjustments Net-5.27M31.88M-22.41M8.68M--
Wing Hang Bank Net Cash from (used by) Operating Activities
265.78M-1.49B1.42B-218.39M-314.37M1.33B
Increase (Decrease) in Prop Plant And Equipment0.5M-11M-50.28M-36.59M5.64M-22.22M
Acquisition Disposition of Subsidiaires207.24M5.99M-2.05M--172.6M-
Increase (Decrease) in Investments-22.79M-93.97M779.42M940.25M-10.22M-
Other Cash Inflow (Outflow) from Investment Activities--1.52M2.63M461.16M-465.44M
Wing Hang Bank Net Cash from (used by) Invesment Activities
184.95M-98.98M728.61M906.29M283.98M-487.67M
Issuance (Purchase) of Equity Shares0.17M0.39M0.31M0.91M0.5M0.81M
Issuance (Repayment) of Debt Securities-224.8M-----
Increase (Decrease) in Bank & Other Borrowings------
Payment of Dividends & Other Cash Distributions-32.33M-38.13M-22.79M-30.37M-103.79M-91.82M
Other Cash from (used by) Financing Activities
Wing Hang Bank Net Cash from (used by) Financing Activities
-296M-83.34M-68.45M-75.06M260.16M-108.74M
Effect of Exchange Rate Changes on Cash11.36M-1.02M13.15M1.64M1.06M1.16M
Wing Hang Bank Net Change in Cash & Cash Equivalents
166.09M-1.68B2.1B614.47M230.82M739.03M
Cash & Equivalents at Beginning of Year2.47B4.14B2.03B1.42B3.42B2.7B
Cash & Equivalents at Year End2.63B2.47B4.13B2.04B3.65B3.44B
All figures in USD. M: Millions of USD, B: Billions of USD.
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Wing Hang Bank stock price history provides insight into historical stock price fluctuations, and Wing Hang Bank stock comparison chart enables peer comparison. Some of the key terms used in the statement of cash flows are:
  • Wing Hang Bank has cash of $2.63B on hand. A healthy amount of cash on hand is necessary for any company. Cash has an opportunity cost associated with it, and too much cash in bank may mean that the firm has no or limited growth plans. Hence its important to track the Net Change in Cash and Cash Equivalents along with the Wing Hang Bank stock price.
  • Cash Flow from operating activities: Wing Hang Bank reported a positive operating cash flow of $265.78M for 2013 and has seen an increase from the previous year. Operating cash flow or working capital comes from main business activities. Investors look for positive cash flow from recurring operating activities.
  • Cash from investing stood at a positive value of $184.95M for WGHGY stock. A company with surplus cash usually thinks of re-investing it in the form of buying fixed assests, or purchasing plant/ machinery which will help grow the business further. By looking at cash flow from investment activities one can check where the company is putting its cash.
  • Cash Flow from financing activities: Financing activities include the cash that comes into a company in the form of loans or interest earned or shareholders money, as well as the cash that goes out. Wing Hang Bank spent $212.66M from financing activities,in the form of repayment of loans or interest paid, dividend pay-out to shareholders etc.
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