ZTE Corporation Ratios and Metrics

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

Millions HKD. Fiscal year is Jan - Dec.

Fiscal Year	Current	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Feb '26 Feb 12, 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	190,289	191,572	130,675	129,367	179,423	168,786
Market Cap Growth	-2.94%	46.60%	1.01%	-27.90%	6.30%	8.57%
Enterprise Value	206,036	188,720	116,633	122,011	174,541	175,577
Last Close Price	27.68	23.68	16.24	15.72	19.05	17.22
PE Ratio	29.81	21.37	12.72	14.16	21.46	33.37
PS Ratio	1.32	1.48	0.96	0.93	1.28	1.40
PB Ratio	2.31	2.46	1.74	1.92	2.74	3.08
P/TBV Ratio	2.55	2.58	1.82	2.06	3.06	3.68
P/FCF Ratio	185.87	24.12	8.85	43.58	14.56	37.79
P/OCF Ratio	33.43	15.68	6.82	15.10	9.30	13.89
EV/Sales Ratio	1.38	1.46	0.85	0.88	1.24	1.46
EV/EBITDA Ratio	28.54	14.57	7.23	7.93	12.27	23.39
EV/EBIT Ratio	33.38	17.86	10.51	11.30	19.19	32.10
EV/FCF Ratio	201.25	23.76	7.90	41.10	14.17	39.31
Debt / Equity Ratio	0.88	0.79	0.85	0.79	0.77	0.79
Debt / EBITDA Ratio	10.38	4.61	3.89	3.36	3.40	5.43
Debt / FCF Ratio	70.71	7.78	4.35	17.83	4.07	9.72
Net Debt / Equity Ratio	0.18	0.01	-0.30	-0.17	-0.21	0.00
Net Debt / EBITDA Ratio	2.29	0.03	-1.39	-0.74	-0.97	-0.02
Net Debt / FCF Ratio	14.54	0.06	-1.52	-3.82	-1.12	-0.04
Asset Turnover	0.64	0.59	0.65	0.70	0.72	0.70
Inventory Turnover	2.12	1.84	1.70	1.91	2.14	2.26
Quick Ratio	1.08	1.10	1.32	1.08	1.05	0.87
Current Ratio	1.82	1.72	1.91	1.76	1.63	1.44
Return on Equity (ROE)	7.91%	11.82%	14.45%	13.81%	14.16%	11.23%
Return on Assets (ROA)	1.65%	3.04%	3.30%	3.41%	2.90%	1.97%
Return on Invested Capital (ROIC)	5.44%	14.80%	18.73%	18.58%	13.94%	9.70%
Return on Capital Employed (ROCE)	4.00%	8.00%	8.50%	9.30%	8.20%	6.00%
Earnings Yield	3.35%	4.68%	7.86%	7.06%	4.66%	3.01%
FCF Yield	0.54%	4.15%	11.30%	2.30%	6.87%	2.65%
Dividend Yield	5.17%	2.77%	4.63%	2.88%	1.93%	1.38%
Payout Ratio	75.16%	62.60%	46.25%	38.77%	33.84%	62.95%
Buyback Yield / Dilution	0.16%	-0.41%	-0.58%	-1.98%	-0.24%	-9.69%
Total Shareholder Return	5.33%	2.36%	4.06%	0.90%	1.70%	-8.31%

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