Focus Technology Cash Flow Statement

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

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Jan '23 Jan 1, 2023	Jan '22 Jan 1, 2022	Dec '20 Dec 31, 2020
Net Income	509.79	451.19	378.86	300.4	245.03	173.38
Depreciation & Amortization	74.41	74.41	76.84	80.37	76.3	41.66
Other Amortization	2.3	2.3	1.07	0.94	0.94	1.72
Loss (Gain) From Sale of Assets	-6.16	-6.16	-0	0	-0.11	-0.06
Asset Writedown & Restructuring Costs	0.06	0.06	0.29	2.88	-6.79	0.05
Loss (Gain) From Sale of Investments	-22.96	-22.96	-24.27	-8	-35.29	-6.53
Provision & Write-off of Bad Debts	-1.01	-1.01	0.05	-	0.05	-0.43
Other Operating Activities	89.58	4.52	6.69	0.49	6.84	2.34
Change in Accounts Receivable	-86.14	-86.14	-4.36	44.09	55.69	96.33
Change in Inventory	1.44	1.44	4.84	6.76	2.22	-22.74
Change in Accounts Payable	274.89	274.89	181.1	39.81	138.71	265.82
Change in Other Net Operating Assets	-	-	6.3	20.76	36.77	12.81
Operating Cash Flow	849.65	705.99	637.01	484.93	516.35	539.86
Operating Cash Flow Growth	23.41%	10.83%	31.36%	-6.09%	-4.35%	254.46%
Capital Expenditures	-21.82	-20.31	-71.29	-45.04	-85.54	-121.79
Sale of Property, Plant & Equipment	15.27	9.92	0.39	0.27	0.61	3.58
Cash Acquisitions	-	-	-	-1.11	-	-
Divestitures	-	-	-	-	-	9.45
Investment in Securities	-561.63	-565.15	-1,033	445.04	-354.89	-77.27
Other Investing Activities	21	25.67	25.84	6.47	9.53	12.84
Investing Cash Flow	-547.18	-549.87	-1,078	405.64	-430.29	-173.19
Long-Term Debt Repaid	-	-22.03	-25.6	-19.9	-15.25	-
Total Debt Repaid	-22.03	-22.03	-25.6	-19.9	-15.25	-
Net Debt Issued (Repaid)	-22.03	-22.03	-25.6	-19.9	-15.25	-
Issuance of Common Stock	5.16	18.18	94.39	37.51	7.92	-
Common Dividends Paid	-369.5	-495.76	-281.62	-245.58	-152.75	-178.08
Other Financing Activities	6.67	2.72	3.15	-1.52	-0.01	1.49
Financing Cash Flow	-379.7	-496.88	-209.69	-229.5	-160.09	-176.59
Foreign Exchange Rate Adjustments	0.54	0.55	0.57	10.91	-3.02	-11.56
Net Cash Flow	-76.69	-340.21	-650.51	671.98	-77.04	178.52
Free Cash Flow	827.84	685.68	565.72	439.89	430.82	418.07
Free Cash Flow Growth	22.24%	21.20%	28.61%	2.11%	3.05%	-
Free Cash Flow Margin	44.39%	41.09%	37.06%	29.83%	29.21%	36.09%
Free Cash Flow Per Share	2.61	2.16	1.81	1.43	1.41	1.37
Cash Income Tax Paid	134.47	115.88	105.03	117.48	93.52	67.17
Levered Free Cash Flow	602.76	511.79	385.33	285.86	159.71	373.03
Unlevered Free Cash Flow	603.3	512.6	386.41	287.14	161.11	374.17
Change in Working Capital	199.31	199.31	188.14	103.22	227.46	335.41

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