Focuslight Technologies Cash Flow Statement

Financials in millions CNY. Fiscal year is January - December.

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Net Income	-174.91	90.55	127.09	67.76
Depreciation & Amortization	99.52	38.16	30.92	31.33
Other Amortization	36.35	0.35	1.16	1.56
Loss (Gain) From Sale of Assets	-0.07	3.35	-0.14	0.16
Asset Writedown & Restructuring Costs	54.53	0.05	0.21	8.73
Loss (Gain) From Sale of Investments	-0.99	-12.95	-22.75	-2.79
Stock-Based Compensation	-2.86	8.95	28.15	-
Provision & Write-off of Bad Debts	9.27	9.35	3.64	-
Other Operating Activities	50.13	-1.92	-16.87	5.16
Change in Accounts Receivable	-16.61	-7.64	-79.67	-70.04
Change in Inventory	-97.4	12.72	-103.6	-23.75
Change in Accounts Payable	-34.07	6.17	34.79	23.91
Change in Other Net Operating Assets	8.21	10.15	4.55	-10.87
Operating Cash Flow	-97.62	157.23	14.88	41.76
Operating Cash Flow Growth	-	956.55%	-64.37%	12.89%
Capital Expenditures	-464.23	-141.06	-162.28	-73.05
Sale of Property, Plant & Equipment	4.74	17.27	0.5	0.27
Cash Acquisitions	-420.34	-23.58	-	-
Investment in Securities	-	749.85	-676.3	53.93
Other Investing Activities	1.79	13.17	3.97	2.65
Investing Cash Flow	-878.04	615.65	-834.11	-16.21
Short-Term Debt Issued	-	-	-	37.77
Long-Term Debt Issued	522.76	52.4	54.42	-
Total Debt Issued	522.76	52.4	54.42	37.77
Short-Term Debt Repaid	-	-	-	-49.2
Long-Term Debt Repaid	-184	-42.44	-31.08	-8
Total Debt Repaid	-184	-42.44	-31.08	-57.2
Net Debt Issued (Repaid)	338.76	9.96	23.34	-19.43
Issuance of Common Stock	-	0.4	-	1,666
Repurchase of Common Stock	-49.86	-130.58	-	-
Common Dividends Paid	-37.03	-41.71	-	-1.43
Dividends Paid	-37.03	-41.71	-	-1.43
Other Financing Activities	-	15.75	-30.79	-14.85
Financing Cash Flow	251.87	-146.18	-7.45	1,631
Foreign Exchange Rate Adjustments	-0.29	10.58	2.95	-4.48
Net Cash Flow	-724.09	637.28	-823.73	1,652
Free Cash Flow	-561.86	16.17	-147.4	-31.29
Free Cash Flow Margin	-90.62%	2.88%	-26.71%	-6.58%
Free Cash Flow Per Share	-6.26	0.18	-1.64	-0.46
Cash Interest Paid	-	-	1.1	-
Cash Income Tax Paid	12.62	18.16	-6.66	15.73
Levered Free Cash Flow	-486.13	-56.26	-153.6	-28.55
Unlevered Free Cash Flow	-478.05	-54.13	-152.83	-27.28
Change in Working Capital	-168.58	21.22	-136.56	-78

Source: S&P Global Market Intelligence. Standard template. Financial Sources.