Tsingtao Brewery Company Ratios and Metrics

Market cap in millions EUR. Fiscal year is January - December.

Millions EUR. Fiscal year is Jan - Dec.

Fiscal Year	Current	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Feb '26 Feb 19, 2026	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Market Capitalization	8,955	12,220	10,738	16,403	15,112	14,435
Market Cap Growth	-21.11%	13.80%	-34.53%	8.55%	4.69%	70.51%
Enterprise Value	6,498	9,018	8,023	13,204	12,791	11,899
Last Close Price	5.39	6.33	5.35	7.98	7.17	7.29
PE Ratio	16.16	21.26	19.76	32.67	34.71	52.37
PS Ratio	2.30	2.87	2.48	3.76	3.62	4.15
PB Ratio	2.32	3.09	2.98	4.60	4.59	5.40
P/TBV Ratio	2.73	3.68	3.56	5.59	5.68	6.86
P/FCF Ratio	28.68	30.64	72.57	39.02	24.77	31.51
P/OCF Ratio	15.78	17.92	30.30	24.78	18.07	23.27
EV/Sales Ratio	1.64	2.12	1.85	3.03	3.06	3.42
EV/EBITDA Ratio	8.63	12.30	11.66	20.81	23.56	28.25
EV/EBIT Ratio	10.55	15.15	14.37	26.32	31.79	41.33
EV/FCF Ratio	20.81	22.61	54.22	31.41	20.96	25.98
Debt / Equity Ratio	0.00	0.00	0.00	0.01	0.02	0.04
Debt / EBITDA Ratio	0.02	0.02	0.02	0.08	0.10	0.25
Debt / FCF Ratio	0.04	0.04	0.10	0.12	0.09	0.24
Net Debt / Equity Ratio	-0.65	-0.67	-0.87	-0.96	-0.98	-0.91
Net Debt / EBITDA Ratio	-3.44	-3.62	-4.58	-5.41	-5.94	-5.80
Net Debt / FCF Ratio	-8.06	-6.66	-21.28	-8.16	-5.28	-5.33
Asset Turnover	0.64	0.64	0.68	0.66	0.69	0.70
Inventory Turnover	9.81	5.42	5.43	5.34	5.66	5.58
Quick Ratio	1.41	1.16	1.48	1.34	1.34	1.32
Current Ratio	1.59	1.44	1.75	1.63	1.59	1.59
Return on Equity (ROE)	15.15%	15.46%	15.95%	15.20%	14.42%	11.27%
Return on Assets (ROA)	6.20%	5.58%	5.49%	4.77%	4.13%	3.65%
Return on Invested Capital (ROIC)	38.22%	51.39%	145.46%	377.88%	178.55%	62.70%
Return on Capital Employed (ROCE)	13.90%	13.30%	13.50%	12.10%	10.30%	8.80%
Earnings Yield	6.19%	4.71%	5.07%	3.07%	2.89%	1.91%
FCF Yield	3.49%	3.26%	1.38%	2.56%	4.04%	3.17%
Dividend Yield	4.99%	4.60%	4.77%	2.21%	2.12%	1.29%
Payout Ratio	64.63%	63.12%	58.06%	40.73%	33.07%	33.83%
Buyback Yield / Dilution	-0.06%	-0.07%	-0.15%	-0.18%	-0.38%	-0.13%
Total Shareholder Return	4.93%	4.52%	4.62%	2.03%	1.74%	1.16%

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