Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
Cash flow from operations refers to the cash brought in through a company's normal business operations. It is the cash flow before any investment or financing activities. It is the cash version of net income.
Sole Elite Group (NAS:SOLE) Cash Flow from Operations Explanation
For companies reported in indirect method, cash flow from operations contains six items:
1. Net Income From Continuing Operations:
Net Income From Continuing Operations indicates the net income that a firm brings in from ongoing business activities. These activities are expected to continue into the next reporting period. It excludes extraordinary items, income from the cumulative effects of accounting changes, non-recurring items, income from tax loss carry forward, and preferred dividends.
Sole Elite Group's net income from continuing operations for the
six
months ended in Dec. 2014 was $28.79 Mil.
2. Depreciation, Depletion and Amortization:
Depreciation is a present expense that accounts for the past cost of an asset that is now providing benefits.
Depletion and amortization are synonyms for depreciation.
Generally:
The term depreciation is used when discussing man made tangible assets
The term depletion is used when discussing natural tangible assets
The term amortization is used when discussing intangible assets
Sole Elite Group's depreciation, depletion and amortization for the
six
months ended in Dec. 2014 was $0.71 Mil.
3. Change In Working Capital:
Working Capital is a measure of a company's short term liquidity or its ability to cover short term liabilities. It is defined as the difference between a company's current assets and current liabilities. Changes in Working Capital is reported in the cash flow statement since it is one of the major ways in which net income can differ from operating cash flow.
Sole Elite Group's change in working capital for the
six
months ended in Dec. 2014 was $-0.17 Mil. It means Sole Elite Group's working capital
declined by $0.17 Mil
from Dec. 2013 to Dec. 2014 .
4. Deferred Tax:
It is the cash flow generated from deferred tax.
Sole Elite Group's cash flow from deferred tax for the
six
months ended in Dec. 2014 was $0.00 Mil.
Sole Elite Group's cash from discontinued operating Activities for the
six
months ended in Dec. 2014 was $0.00 Mil.
6. Asset Impairment Charge:
It is the charge against earnings resulting from the aggregate write down of all assets from their carrying value to their fair value.
Sole Elite Group's asset impairment charge for the
six
months ended in Dec. 2014 was $0.00 Mil.
7. Stock Based Compensation:
It is a way corporations use stock options to reward employees. It provides executives and employees the opportunity to share in the growth of the company and, if structured properly, can align their interests with the interests of the company's shareholders and investors, without burning the company's cash on hand.
Sole Elite Group's stock based compensation for the
six
months ended in Dec. 2014 was $0.00 Mil.
8. Cash Flow from Others:
These are cash differences caused by the change of inventory, accounts payable, accounts receivable etc. For instance, if a company pays its suppliers slower, its cash position will build up faster. If a company receives payments from its customers slower, its account receivables will rise, and its cash position will grow more slowly (or even shrink).
Sole Elite Group's cash flow from others for the
six
months ended in Dec. 2014 was $0.86 Mil.
Sole Elite Group Cash Flow from Operations Related Terms
Sole Elite Group Cash Flow from Operations Historical Data
* Premium members only.
The historical data trend for Sole Elite Group's Cash Flow from Operations 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.
Sole Elite Group Cash Flow from Operations Chart
Sole Elite Group Annual Data
Trend
Dec12
Dec13
Dec14
Cash Flow from Operations
10.48
26.40
30.19
Sole Elite Group Semi-Annual Data
Dec12
Dec13
Dec14
Cash Flow from Operations
10.48
26.40
30.19
Sole Elite Group Cash Flow from Operations Calculation
Cash flow from operations refers to the cash brought in through a company's normal business operations. It is the cash flow before any investment or financing activities. It is the cash version of net income.
Sole Elite Group's Cash Flow from Operations for the fiscal year that ended in Dec. 2014 is calculated as:
For stock reported annually, GuruFocus uses latest annual data as the TTM data. Cash Flow from Operations for the trailing twelve months (TTM) ended in Dec. 2014 was $30.19 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.
What does a Cash Flow from Operations of $30.19 Mil mean?
Sole Elite Group (SOLE) has a Cash Flow from Operations of $30.19 Mil as of Dec. 2014. Cash Flow from Operations is the amount of cash earned or paid from standard business operations. View historical data for Sole Elite Group and its competitors.
Is Sole Elite Group's Cash Flow from Operations too high?
Sole Elite Group's current Cash Flow from Operations is $30.19 Mil.
How does Sole Elite Group's Cash Flow from Operations compare to FORD and JCLY?
Sole Elite Group's Cash Flow from Operations of $30.19 Mil can be compared against companies in the Manufacturing - Apparel & Accessories industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cash Flow from Operations for a Manufacturing - Apparel & Accessories company?
A good Cash Flow from Operations depends on the Manufacturing - Apparel & Accessories industry context. However, Cash Flow from Operations should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cash Flow from Operations mean?
A high Cash Flow from Operations can signal that a stock is expensive relative to its fundamentals. Cash Flow from Operations is the amount of cash earned or paid from standard business operations. View historical data for Sole Elite Group and its competitors. Sole Elite Group's current Cash Flow from Operations is $30.19 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sole Elite Group stock overvalued right now?
Sole Elite Group (SOLE) has a current Cash Flow from Operations of $30.19 Mil. The current Cash Flow from Operations is $30.19 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cash Flow from Operations calculated?
Cash Flow from Operations is calculated from a company's financial statements. For Sole Elite Group (SOLE), the current Cash Flow from Operations is $30.19 Mil as of Dec. 2014. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Sole Elite Group Ltd was formed on December 10, 2014. The Company, through its subsidiaries, is engaged in the business of designing, producing and selling shoe soles. It has four product lines: RB soles, MD soles, single color IP sole and dual color IP sole products. Its manufacturing facilities in China are located in Jinjiang, Fujian Province, which has a high concentration of footwear industry participants. Sports shoe soles are made of various materials, such as EVA, RB, PU, TPE, and TPU. The core materials of shoe soles are EVA and RB. The principal raw materials used in the production of its products are EVA, rubber, TPU, color dyes and other chemical additives. Its raw materials are sourced suppliers in the PRC located in Quanzhou, Fujian Province, which is close to its production facilities. It sells products to sportswear manufacturers that are based in China, including a number of companies in the athletic wear market, including Li-Ning, 361º, ERKE and Anta. It also sells products to OEM footwear companies for international athletic brands, such as Taiwan Ching Luh, which is an OEM footwear company that is a supplier to Adidas, Reebok, Mizuno and Under Armour in Asia. Customers use its products as components in the athletic footwear that it sells to end consumers, athletic wear companies and shoe distributors. Its customer includes Fujian Ching Luh Shoes Co., Ltd., which is an OEM footwear company that is a supplier to Adidas, Reebok, Mizuno and Under Armour. Its direct competition comes from various shoe sole production companies in China, such as Multi Sports Holding Ltd., Victory New Materials Limited Company, Fenghua SoleTech AG, Tai Ya Shoes Co., Ltd., Mao Tai (Fujian) Soles Co., Ltd. and Xing Quan International Sports Holdings Limited. It currently hold four PRC patents. The Company is subject to all China's national and local laws and regulations, including those related to environmental protection, foreign currency, property ownership and taxation.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
SOLE has been successfully added to your 
