What is Telestone Technologies Cash Flow from Investing?
Cash Flow from Investing covers the cash a company gains or spends from investment activities in financial market and operating subsidiaries. It also includes the cash the company used for property, plant and equipment (PPE).
For the
three
months ended in Dec. 2012, Telestone Technologiesspent$4.33 Mil on purchasing property, plant, equipment.
It gained$0.00 Mil from selling property, plant, and equipment.
It spent$0.00 Mil on purchasing business.
It gained$0.00 Mil from selling business.
It spent$0.00 Mil on purchasing investments.
It gained$0.00 Mil from selling investments.
It paid$0.00Mil for net Intangibles purchase and sale.
And it received$0.39 Mil from other investing activities.
In all, Telestone Technologiesspent$3.95 Mil on investment activities in financial market and operating subsidiaries for the
three
months ended in Dec. 2012.
Telestone Technologies Cash Flow from Investing Historical Data
The historical data trend for Telestone Technologies's Cash Flow from Investing can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
* Premium members only.
Telestone Technologies Cash Flow from Investing Chart
Telestone Technologies Cash Flow from Investing Calculation
Cash Flow from Investing covers the cash a company gains or spends from investment activities in financial market and operating subsidiaries. It also includes the cash the company used for property, plant and equipment (PPE).
If a company spends cash on property, plant and equipment (PPE), this will reduce their cash position. This is called Capital Expenditures (CPEX).
Likewise, if a company buys another company for cash, this will reduce their cash position.
Telestone Technologies's Cash Flow from Investing for the fiscal year that ended in Dec. 2012 is calculated as:
Cash Flow from Investing for the trailing twelve months (TTM) ended in Dec. 2012 adds up the quarterly data reported by the company within the most recent 12 months, which was $-4.40 Mil.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Telestone Technologies (OTCPK:TSTC) Cash Flow from Investing Explanation
Telestone Technologies's purchase of property, plant, equipment for the
three
months ended in Dec. 2012 was $-4.33 Mil. It means Telestone Technologies spent $4.33 Mil on purchasing property, plant, equipment.
In the capital spending for property, plant and equipment (PPE), some part of spending may be from the expansion of business. The business needs more property, plant and equipment (PPE) as it grows. Another part may be from replacement of the property, plant and equipment (PPE) of existing business. For some companies, the cash spent on replacing of the property, plant and equipment (PPE) of the existing business will be close to the depreciation of property, plant and equipment (PPE) reported in the income statement.
In Warren Buffett's definition of Owner's Earnings, he deducts the estimate of the cost of replacing the property, plant and equipment (PPE) of the existing business from cash flow from operations. The cash spent on the new property, plant, and equipment is not deducted. The reason is because these are not costs of the existing business. In his 1986 letter to shareholders, Warren Buffett wrote this about owner earnings:
"These represent (a) reported earnings plus (b) depreciation, depletion, amortization, and certain other non-cash charges...less (c) the average annual amount of capitalized expenditures for plant and equipment, etc. that the business requires to fully maintain its long-term competitive position and its unit volume....Our owner-earnings equation does not yield the deceptively precise figures provided by GAAP, since (c) must be a guess - and one sometimes very difficult to make. Despite this problem, we consider the owner earnings figure, not the GAAP figure, to be the relevant item for valuation purposes...All of this points up the absurdity of the 'cash flow' numbers that are often set forth in Wall Street reports. These numbers routinely include (a) plus (b) - but do not subtract (c)."
Telestone Technologies's sale of property, plant, equipment for the
three
months ended in Dec. 2012 was $0.00 Mil. It means Telestone Technologies gained $0.00 Mil from selling property, plant, and equipment.
3.Purchase Of Business:
Purchase of business indicates the amount used to purchase business.
Telestone Technologies's purchase of business for the
three
months ended in Dec. 2012 was $0.00 Mil. It means Telestone Technologies spent $0.00 Mil on purchasing business.
4. Sale Of Business:
Sale of business indicates the amount gained from selling business.
Telestone Technologies's sale of business for the
three
months ended in Dec. 2012 was $0.00 Mil. It means Telestone Technologies gained $0.00 Mil from selling business.
5. Purchase Of Investment:
Purchase of Investments represents cash outflow on the purchase of investments in securities.
Telestone Technologies's purchase of investment for the
three
months ended in Dec. 2012 was $0.00 Mil. It means Telestone Technologies spent {stock_data.stock.currency_symbol}}0.00 Mil on purchasing investments.
6. Sale Of Investment:
Sale of Investments represents cash inflow on the sale of investments in securities.
Telestone Technologies's sale of investment for the
three
months ended in Dec. 2012 was $0.00 Mil. It means Telestone Technologies gained $0.00 Mil from selling investments.
7. Net Intangibles Purchase And Sale:
Net Intangibles purchase and sale means the net cash inflow received by a company that comes from the purchase and sale of intangibles. It equals the cash received from sale of intangibles minus the cash spent on purchasing intangibles.
Telestone Technologies's net Intangibles purchase and sale for the
three
months ended in Dec. 2012 was $0.00 Mil.
It means Telestone Technologies paid $0.00 Mil for net Intangibles purchase and sale.
8. Cash From Discontinued Investing Activities:
Cash from discontinued investing activities means the cash received by a company that comes from the discontinued investing activities.
Telestone Technologies's cash from discontinued investing activities for the
three
months ended in Dec. 2012 was 0.00 Mil.
It means Telestone Technologies paid $0.00 Mil for discontinued investing activities.
9. Cash From Other Investing Activities:
Cash from other investing activities means the cash received by a company that comes from other investing activities.
Telestone Technologies's cash from other investing activities for the
three
months ended in Dec. 2012 was $0.39 Mil.
It means Telestone Technologies received $0.39 Mil from other investing activities.
Telestone Technologies Cash Flow from Investing Related Terms
Thank you for viewing the detailed overview of Telestone Technologies's Cash Flow from Investing provided by GuruFocus.com. Please click on the following links to see related term pages.
Telestone Technologies (Telestone Technologies) Business Description
Telestone Technologies Corp was organized under the laws of the State of Colorado in February 1987 under the name Shield Enterprises, Inc. In August 2004, TSTC reincorporated in the State of Delaware under the name Telestone Technologies Corporation. It provides access network solutions in China. The company's access network solutions include the research and development and application of access-network technology. In addition to its homegrown access-network equipment, which includes repeaters, antennas, and radio-frequency peripherals, the company offers project design, project management, installation, maintenance, and other after sales services to its customers. The company offers WFDS, a next generation wireless distribution system. WFDS is an all-optical network that combines the technologies of both wireless and optical telecommunications. As of December 31, 2011, it completed 499 WFDS installations. The company designs and sells electronic equipment used to provide access-network solutions to its customers. Many of these types of equipment, including WFDS products, RFPA products, passive components and base station antennas for 2G, 3G, Broadband access and CATV networks, are specialized active microwave components designed to meet the needs of its customers.The company provides systems integration services to its customers. The primary systems integration services provided to the company's customers are project design and engineering, specifically, the development and design of indoor and outdoor wireless signal complementary coverage solutions and their applied products. The company also markets its products to 29 countries, including the United States, Vietnam, Mexico, Brazil, Russia, India, the Philippines, Thailand, Ireland, Ecuador, Mongolia, South Africa, Turkey, Indonesia, Colombia, Costa Rica, Argentina, Ukraine, Kazakhstan, Singapore, South Korea, Hong Kong, Saudi Arabia, New Zealand, Bangladesh, the United Arab Emirates, Canada, and Iceland.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
TSTC has been successfully added to your 