Focus Technology Co., Ltd. (SHE:002315)

Focus Technology Income Statement

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Jan 1, 2023	Jan 1, 2022	Dec 31, 2020
Operating Revenue	1,786	1,661	1,519	1,463	1,454	1,130
Other Revenue	8.05	8.06	7.23	11.64	20.69	28.82
Revenue	1,794	1,669	1,527	1,475	1,475	1,159
Revenue Growth (YoY)	13.48%	9.32%	3.51%	0.00%	27.30%	14.73%
Cost of Revenue	357.49	332.06	323.63	294.39	353.75	273.53
Gross Profit	1,437	1,337	1,203	1,180	1,121	885.03
Selling, General & Admin	791.49	763.66	722.33	713.49	719.58	591.61
Research & Development	157.55	151.59	152.35	177.56	176.49	135.78
Other Operating Expenses	13.69	12.43	11.14	10.78	11.12	6.09
Operating Expenses	961.84	926.67	885.87	906.46	909.11	733.05
Operating Income	475.11	410.09	317.07	274	211.99	151.98
Interest Expense	-0.97	-1.29	-1.72	-2.04	-2.24	-1.84
Interest & Investment Income	76.41	76.24	71.78	35.95	48.78	25.27
Currency Exchange Gain (Loss)	0.93	1.37	0.71	3.73	-0.34	-1.59
Other Non Operating Income (Expenses)	-1.78	-2.36	-7.23	-4.8	-3.98	-3.04
EBT Excluding Unusual Items	549.69	484.04	380.6	306.85	254.21	170.78
Gain (Loss) on Sale of Investments	1.83	1.36	0.05	5.73	6.7	-7.85
Gain (Loss) on Sale of Assets	0.34	-0.19	0.07	-0.17	-0.1	0.01
Other Unusual Items	10.61	10.79	14.48	16.79	13.4	28.95
Pretax Income	562.47	495.99	395.2	329.2	274.21	191.89
Income Tax Expense	39.6	41.28	12.73	29.03	26.25	20.83
Earnings From Continuing Operations	522.87	454.71	382.47	300.18	247.96	171.06
Minority Interest in Earnings	-10.63	-3.52	-3.6	0.22	-2.93	2.31
Net Income	512.24	451.19	378.86	300.4	245.03	173.38
Net Income to Common	512.24	451.19	378.86	300.4	245.03	173.38
Net Income Growth	21.14%	19.09%	26.12%	22.60%	41.33%	14.88%
Shares Outstanding (Basic)	317	317	312	307	306	304
Shares Outstanding (Diluted)	317	317	313	307	306	304
Shares Change (YoY)	0.66%	1.33%	1.74%	0.34%	0.69%	-1.24%
EPS (Basic)	1.61	1.42	1.21	0.98	0.80	0.57
EPS (Diluted)	1.61	1.42	1.21	0.98	0.80	0.57
EPS Growth	20.34%	17.53%	23.97%	22.19%	40.35%	16.33%
Free Cash Flow	778.39	685.68	565.72	439.89	430.82	418.07
Free Cash Flow Per Share	2.45	2.16	1.81	1.43	1.41	1.37
Dividend Per Share	0.550	1.100	1.000	0.900	0.800	0.500
Dividend Growth	-64.52%	10.00%	11.11%	12.50%	60.00%	-13.33%
Gross Margin	80.08%	80.10%	78.80%	80.04%	76.01%	76.39%
Operating Margin	26.48%	24.57%	20.77%	18.58%	14.37%	13.12%
Profit Margin	28.55%	27.04%	24.82%	20.37%	16.61%	14.96%
Free Cash Flow Margin	43.38%	41.09%	37.06%	29.83%	29.21%	36.09%
EBITDA	524.75	463.25	373.77	335.7	274.66	193.64
EBITDA Margin	29.24%	27.76%	24.48%	22.76%	18.62%	16.71%
D&A For EBITDA	49.64	53.16	56.71	61.69	62.67	41.66
EBIT	475.11	410.09	317.07	274	211.99	151.98
EBIT Margin	26.48%	24.57%	20.77%	18.58%	14.37%	13.12%
Effective Tax Rate	7.04%	8.32%	3.22%	8.82%	9.57%	10.85%
Revenue as Reported	1,794	1,669	1,527	1,475	1,475	1,159
Advertising Expenses	-	34.97	45.81	33.95	49.22	20.58

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