China Ming Yang Wind Power Cash Flow - Annual (NYSE:MY)

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$2.44 $0 (0%) MY stock closing price Jun 22, 2016 (Closing)

For analyzing any company like China Ming Yang Wind Power from an investment perspective, its important to check the cash flow statement. While its important to look at the China Ming Yang Wind Power 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 China Ming Yang Wind Power 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. Items like capital purchases, bank loan payments etc. which have a direct impact on the cash position of a company come out through the statemement of cash flows and help an investor who undertakes the China Ming Yang Wind Power stock analysis. China Ming Yang Wind Power generated $36.23M cash from operating activities in 2015. The cash from operating activities for China Ming Yang Wind Power is $ 2015, which saw a decrease from previous year.

View details of China Ming Yang Wind Power cash flows for latest & last 10 financial years
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Quarterly
Annual
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Fiscal year is Jan - Dec201520142013201220112010
Net Income Cash Flow
37.95M57.71M-104.62M-47.74M45.3M104.88M
Depreciation Depletion Amortization Cash-Flow18.7M16.63M22.65M13.4M9.17M5.86M
Net Increase (Decrease) in Assets Liabilities-62.52M205.44M98.92M-84.6M-139.85M-176.59M
Cash From (used in) Discontinued Operations------
Other Adjustments Net42.08M-12.27M66.52M54.71M29.14M-1.02M
Net Cash from (used by) Operating Activities
36.23M267.52M83.48M-64.22M-56.22M-66.86M
Increase (Decrease) in Prop Plant And Equipment-29.73M-16.83M-12.84M-23.52M-31.59M-23.05M
Acquisition Disposition of Subsidiaires-15.49M3.44M-0.75M-14.12M-8.94M-7.34M
Increase (Decrease) in Investments-13.34M-7.32M-21.93M-96.36M-65.94M4.74M
Other Cash Inflow (Outflow) from Investment Activities14.1M31.95M6.99M-30.24M-20.85M-0.05M
Net Cash from (used by) Investment Activities
-44.46M11.24M-28.53M-164.26M-127.34M-25.7M
Issuance (Purchase) of Equity Shares2.96M2.97M--2.06M-6.52M326.24M
Issuance (Repayment) of Debt Securities-153.3M-10.43M87.37M--
Increase (Decrease) in Bank & Other Borrowings96.54M-32.87M-100.49M155.6M23.56M44.12M
Payment of Dividends & Other Cash Distributions------
Other Cash from (used by) Financing Activities-14.59M-27.39M-44.97M-15.58M-10.74M8.99M
Net Cash from (used by) Financing Activities
-68.39M-57.29M-135.03M225.32M6.28M379.35M
Effect of Exchange Rate Changes on Cash--0.39M-1.97M--0.42M-1.67M
Net Change in Cash & Cash Equivalents
-75.93M221.07M-82.06M-3.14M-177.7M260.85M
Cash & Equivalents at Beginning of Year349.12M132.16M213.26M212.57M385.32M106.81M
Cash & Equivalents at Year End273.18M353.24M131.19M209.43M207.62M367.67M
All figures in USD. M: Millions of USD, B: Billions of USD.
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China Ming Yang Wind Power stock comparison chart provides an easy way to compare the stock price with peers along with details of China Ming Yang Wind Power stock price history.
The statement of cash flows can be categorized into three main sections:

  • China Ming Yang Wind Power had a Net Change in Cash and Cash Equivalents of $-75.93M for the latest year 2015. 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 China Ming Yang Wind Power 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: Operating activities include the core business activities. This line item refers to the cash generated from the same and stood at a positive value of $36.23M for MY.
  • Cash Flow from investment activities: This includes buying/selling of land and equipment, acquisitions and mergers, sell-off, investment in other companies like buying bonds, stocks etc., and was $-44.46M for MY in last 2015 report.
  • Inflow of cash in the form of bank loans and shareholders equity, and outflow of cash because of dividend payments, share repurchase payments etc. come under financing activities. The cash generated from these activities was $-68.39M for China Ming Yang Wind Power.

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