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

Focus Technology Income Statement

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

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec 31, 2024	Dec 31, 2023	Jan 1, 2023	Jan 1, 2022	Dec 31, 2020
Operating Revenue	1,661	1,519	1,463	1,454	1,130
Other Revenue	8.06	7.23	11.64	20.69	28.82
Revenue	1,669	1,527	1,475	1,475	1,159
Revenue Growth (YoY)	9.32%	3.51%	0.00%	27.30%	14.73%
Cost of Revenue	327.33	323.63	294.39	353.75	273.53
Gross Profit	1,341	1,203	1,180	1,121	885.03
Selling, General & Admin	763.66	722.33	713.49	719.58	591.61
Research & Development	151.59	152.35	177.56	176.49	135.78
Other Operating Expenses	-0.16	11.14	10.78	11.12	6.09
Operating Expenses	915.08	885.87	906.46	909.11	733.05
Operating Income	426.4	317.07	274	211.99	151.98
Interest Expense	-	-1.72	-2.04	-2.24	-1.84
Interest & Investment Income	21.6	71.78	35.95	48.78	25.27
Currency Exchange Gain (Loss)	-	0.71	3.73	-0.34	-1.59
Other Non Operating Income (Expenses)	47.17	-6.05	-4.8	-3.98	-3.04
EBT Excluding Unusual Items	495.17	381.78	306.85	254.21	170.78
Gain (Loss) on Sale of Investments	1.36	0.05	5.73	6.7	-7.85
Gain (Loss) on Sale of Assets	-0.13	0.07	-0.17	-0.1	0.01
Asset Writedown	-0.4	-	-	-	-
Other Unusual Items	-	13.31	16.79	13.4	28.95
Pretax Income	495.99	395.2	329.2	274.21	191.89
Income Tax Expense	41.28	12.73	29.03	26.25	20.83
Earnings From Continuing Operations	454.71	382.47	300.18	247.96	171.06
Minority Interest in Earnings	-3.52	-3.6	0.22	-2.93	2.31
Net Income	451.19	378.86	300.4	245.03	173.38
Net Income to Common	451.19	378.86	300.4	245.03	173.38
Net Income Growth	19.09%	26.12%	22.60%	41.33%	14.88%
Shares Outstanding (Basic)	317	312	307	306	304
Shares Outstanding (Diluted)	317	313	307	306	304
Shares Change (YoY)	1.33%	1.74%	0.34%	0.69%	-1.24%
EPS (Basic)	1.42	1.21	0.98	0.80	0.57
EPS (Diluted)	1.42	1.21	0.98	0.80	0.57
EPS Growth	17.53%	23.97%	22.19%	40.35%	16.33%
Free Cash Flow	685.68	565.72	439.89	430.82	418.07
Free Cash Flow Per Share	2.16	1.81	1.43	1.41	1.37
Dividend Per Share	-	1.000	0.900	0.800	0.500
Dividend Growth	-	11.11%	12.50%	60.00%	-13.33%
Gross Margin	80.39%	78.80%	80.04%	76.01%	76.39%
Operating Margin	25.55%	20.77%	18.58%	14.37%	13.12%
Profit Margin	27.04%	24.82%	20.37%	16.61%	14.96%
Free Cash Flow Margin	41.09%	37.06%	29.83%	29.21%	36.09%
EBITDA	480.96	372.38	335.7	274.66	193.64
EBITDA Margin	28.82%	24.39%	22.76%	18.62%	16.71%
D&A For EBITDA	54.55	55.31	61.69	62.67	41.66
EBIT	426.4	317.07	274	211.99	151.98
EBIT Margin	25.55%	20.77%	18.58%	14.37%	13.12%
Effective Tax Rate	8.32%	3.22%	8.82%	9.57%	10.86%
Revenue as Reported	-	1,527	1,475	1,475	1,159
Advertising Expenses	-	45.81	33.95	49.22	20.58

Source: S&P Capital IQ. Standard template. Financial Sources.