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

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

The cash flow statement is one of the reports a publicly traded company like Wing Hang Bank needs to disclose. While its important to look at the Wing Hang Bank debt position, the cash flow statement becomes equally important because public companies use accrual accounting. For example, if a company sells a product which gets counted as Wing Hang Bank revenue but does not convert to cash because it does not receive payment in the same quarter, it affects the cash position for that period. Wing Hang Bank stock analysis shows positive net income cash flow of $254.98M for 2013-Q4. This statement is important because profits alone cannot pay employees, or bills. Cash is required. View details of Wing Hang Bank cash flows for latest & last 40 quarters.

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Fiscal year is Jan - Dec. 2013-Q4
Wing Hang Bank Net Income Cash Flow
254.98M
Depreciation Depletion Amortization Cash-Flow27.63M
Net Increase (Decrease) in Assets Liabilities-11.56M
Cash From (used in) Discontinued Operations-
Other Adjustments Net-5.27M
Wing Hang Bank Net Cash from (used by) Operating Activities
265.78M
Increase (Decrease) in Prop Plant And Equipment0.5M
Acquisition Disposition of Subsidiaires207.24M
Increase (Decrease) in Investments-22.79M
Other Cash Inflow (Outflow) from Investment Activities-
Wing Hang Bank Net Cash from (used by) Invesment Activities
184.95M
Issuance (Purchase) of Equity Shares0.17M
Issuance (Repayment) of Debt Securities-224.8M
Increase (Decrease) in Bank & Other Borrowings-
Payment of Dividends & Other Cash Distributions-32.33M
Other Cash from (used by) Financing Activities-39.03M
Wing Hang Bank Net Cash from (used by) Financing Activities
-296M
Effect of Exchange Rate Changes on Cash11.36M
Wing Hang Bank Net Change in Cash & Cash Equivalents
166.09M
Cash & Equivalents at Beginning of Year2.41B
Cash & Equivalents at Year End2.63B
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 had a Net Change in Cash and Cash Equivalents of $166.09M for the latest quarter 2013-Q4. If a firm is able to grow its cash, it is considered to be a positive signal and could lead to a jump in the Wing Hang Bank stock price , albeit too much cash on hand can imply the company has no or limited avenues for growth in which to invest this cash.
  • Cash Flow from operating activities: This is the cash that the company receives from ongoing operations. It is important to check this to see where the company is getting its money from. 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: The cash inflow/outflow from financing activities was $-296M for Wing Hang Bank. The money accounted for under this head comes from external sources which includes lenders, investors and shareholders. Positive cash flow is generated when the company gets cash because of issuance of stocks or bonds. Similarly negative cash flow is generated when shares are repurchased, dividend payments are made, and loans or interest on loans are paid back.
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