Focus Technology 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	Jan '23 Jan 1, 2023	Jan '22 Jan 1, 2022
Net Income	451.19	378.86	300.4	245.03
Depreciation & Amortization	74.41	76.84	80.37	76.3
Other Amortization	2.3	1.07	0.94	0.94
Loss (Gain) From Sale of Assets	-6.16	-0	0	-0.11
Asset Writedown & Restructuring Costs	0.06	0.29	2.88	-6.79
Loss (Gain) From Sale of Investments	-22.96	-24.27	-8	-35.29
Provision & Write-off of Bad Debts	-1.01	0.05	-	0.05
Other Operating Activities	4.52	6.69	0.49	6.84
Change in Accounts Receivable	-86.14	-4.36	44.09	55.69
Change in Inventory	1.44	4.84	6.76	2.22
Change in Accounts Payable	274.89	181.1	39.81	138.71
Change in Other Net Operating Assets	-	6.3	20.76	36.77
Operating Cash Flow	705.99	637.01	484.93	516.35
Operating Cash Flow Growth	10.83%	31.36%	-6.09%	-4.35%
Capital Expenditures	-20.31	-71.29	-45.04	-85.54
Sale of Property, Plant & Equipment	9.92	0.39	0.27	0.61
Cash Acquisitions	-	-	-1.11	-
Investment in Securities	-565.15	-1,033	445.04	-354.89
Other Investing Activities	25.67	25.84	6.47	9.53
Investing Cash Flow	-549.87	-1,078	405.64	-430.29
Long-Term Debt Repaid	-22.03	-25.6	-19.9	-15.25
Total Debt Repaid	-22.03	-25.6	-19.9	-15.25
Net Debt Issued (Repaid)	-22.03	-25.6	-19.9	-15.25
Issuance of Common Stock	18.18	94.39	37.51	7.92
Common Dividends Paid	-495.76	-281.62	-245.58	-152.75
Other Financing Activities	2.72	3.15	-1.52	-0.01
Financing Cash Flow	-496.88	-209.69	-229.5	-160.09
Foreign Exchange Rate Adjustments	0.55	0.57	10.91	-3.02
Net Cash Flow	-340.21	-650.51	671.98	-77.04
Free Cash Flow	685.68	565.72	439.89	430.82
Free Cash Flow Growth	21.20%	28.61%	2.11%	3.05%
Free Cash Flow Margin	41.09%	37.06%	29.83%	29.21%
Free Cash Flow Per Share	2.16	1.81	1.43	1.41
Cash Income Tax Paid	115.88	105.03	117.48	93.52
Levered Free Cash Flow	511.79	385.33	285.86	159.71
Unlevered Free Cash Flow	512.6	386.41	287.14	161.11
Change in Working Capital	199.31	188.14	103.22	227.46

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