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Byte Metaverse Holdings (HKSE:08645) Cash Flow from Investing : HK$0.0 Mil (TTM As of Dec. 2023)


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What is Byte Metaverse Holdings 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. 2023, Byte Metaverse Holdings spent HK$0.0 Mil on purchasing property, plant, equipment. It gained HK$0.0 Mil from selling property, plant, and equipment. It spent HK$0.0 Mil on purchasing business. It gained HK$0.0 Mil from selling business. It spent HK$0.0 Mil on purchasing investments. It gained HK$0.0 Mil from selling investments. It paid HK$0.0Mil for net Intangibles purchase and sale. And it paid HK$0.0 Mil for other investing activities. In all, Byte Metaverse Holdings gained HK$0.0 Mil on investment activities in financial market and operating subsidiaries for the three months ended in Dec. 2023.


Byte Metaverse Holdings Cash Flow from Investing Historical Data

The historical data trend for Byte Metaverse Holdings'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.

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Byte Metaverse Holdings Cash Flow from Investing Chart

Byte Metaverse Holdings Annual Data
Trend Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Cash Flow from Investing
Get a 7-Day Free Trial -30.01 -25.30 -5.11 -21.14 -13.05

Byte Metaverse Holdings Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Cash Flow from Investing Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - - - -

Byte Metaverse Holdings 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.

Byte Metaverse Holdings's Cash Flow from Investing for the fiscal year that ended in Jun. 2023 is calculated as:

Byte Metaverse Holdings's Cash Flow from Investing for the quarter that ended in Dec. 2023 is calculated as:


Cash Flow from Investing for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was HK$0.0 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.


Byte Metaverse Holdings  (HKSE:08645) Cash Flow from Investing Explanation

Cash flow from investing contains nine items:

1. Purchase Of Property, Plant, Equipment:
Purchase of PPE indicates the amount used to purchase property, plant, and equipment.

Byte Metaverse Holdings's purchase of property, plant, equipment for the three months ended in Dec. 2023 was HK$0.0 Mil. It means Byte Metaverse Holdings spent HK$0.0 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)."

2. Sale Of Property, Plant, Equipment:
Sale of PPE indicates the amount gained from selling property, plant, and equipment.

Byte Metaverse Holdings's sale of property, plant, equipment for the three months ended in Dec. 2023 was HK$0.0 Mil. It means Byte Metaverse Holdings gained HK$0.0 Mil from selling property, plant, and equipment.

3.Purchase Of Business:
Purchase of business indicates the amount used to purchase business.

Byte Metaverse Holdings's purchase of business for the three months ended in Dec. 2023 was HK$0.0 Mil. It means Byte Metaverse Holdings spent HK$0.0 Mil on purchasing business.

4. Sale Of Business:
Sale of business indicates the amount gained from selling business.

Byte Metaverse Holdings's sale of business for the three months ended in Dec. 2023 was HK$0.0 Mil. It means Byte Metaverse Holdings gained HK$0.0 Mil from selling business.

5. Purchase Of Investment:
Purchase of Investments represents cash outflow on the purchase of investments in securities.

Byte Metaverse Holdings's purchase of investment for the three months ended in Dec. 2023 was HK$0.0 Mil. It means Byte Metaverse Holdings spent {stock_data.stock.currency_symbol}}0.0 Mil on purchasing investments.

6. Sale Of Investment:
Sale of Investments represents cash inflow on the sale of investments in securities.

Byte Metaverse Holdings's sale of investment for the three months ended in Dec. 2023 was HK$0.0 Mil. It means Byte Metaverse Holdings gained HK$0.0 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.

Byte Metaverse Holdings's net Intangibles purchase and sale for the three months ended in Dec. 2023 was HK$0.0 Mil. It means Byte Metaverse Holdings paid HK$0.0 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.

Byte Metaverse Holdings's cash from discontinued investing activities for the three months ended in Dec. 2023 was 0.0 Mil. It means Byte Metaverse Holdings paid HK$0.0 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.

Byte Metaverse Holdings's cash from other investing activities for the three months ended in Dec. 2023 was HK$0.0 Mil. It means Byte Metaverse Holdings paid HK$0.0 Mil for other investing activities.


Byte Metaverse Holdings Cash Flow from Investing Related Terms

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Byte Metaverse Holdings (HKSE:08645) Business Description

Traded in Other Exchanges
N/A
Address
98 Thomson Road, Unit B, 13th Floor, Winsan Tower, Hong Kong, HKG
Michong Metaverse (China) Holdings Group Ltd is an investment holding company. The company is engaged in network support services which mainly encompass network infrastructure design and hardware installation, network management and security services; network connectivity services that focus on providing intranet and internet connectivity solutions and value-added services; and E-Commerce.
Executives
Thrive Harvest Limited 2101 Beneficial owner
Worldtone Riches Investment Limited 2101 Beneficial owner
Yu Decai 2201 Interest of corporation controlled by you
Garden Wealth Limited 2101 Beneficial owner
Wu Han Jia You Xin Xi Ke Ji You Xian Gong Si 2101 Beneficial owner
Shen Zhen Shi Hui Tong Ying Fu Yi Hao Gu Quan Tou Zi Ji Jin He Huo Qi Ye You Xian He Huo 2101 Beneficial owner

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