Tongcheng Travel Holdings Ratios and Metrics

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

Millions HKD. Fiscal year is Jan - Dec.

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Apr '26 Apr 16, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Market Capitalization	44,380	51,810	41,602	32,565	42,061	32,023
Market Cap Growth	1.54%	24.54%	27.75%	-22.58%	31.34%	-2.07%
Enterprise Value	37,873	43,502	37,629	26,548	38,920	24,936
Last Close Price	19.19	22.44	18.04	14.18	18.44	14.18
PE Ratio	17.07	19.63	19.80	19.02	-	36.06
Forward PE	10.01	12.36	12.74	11.51	37.54	17.22
PS Ratio	2.06	2.40	2.25	2.49	5.65	3.46
PB Ratio	1.69	1.98	1.87	1.59	2.33	1.71
P/TBV Ratio	4.11	4.80	4.27	3.65	5.23	3.82
P/FCF Ratio	10.55	12.31	15.23	9.15	-	17.08
P/OCF Ratio	9.25	10.80	13.16	7.38	123.07	14.20
PEG Ratio	0.49	0.60	0.88	0.45	0.92	1.40
EV/Sales Ratio	1.75	2.02	2.04	2.03	5.23	2.70
EV/EBITDA Ratio	7.23	8.40	10.40	9.52	47.17	16.10
EV/EBIT Ratio	9.98	11.66	14.55	14.02	-	29.62
EV/FCF Ratio	9.00	10.34	13.78	7.46	-	13.30
Debt / Equity Ratio	0.23	0.23	0.24	0.16	0.15	0.02
Debt / EBITDA Ratio	1.16	1.16	1.43	1.17	3.13	0.25
Debt / FCF Ratio	1.43	1.43	1.95	0.93	-	0.22
Net Debt / Equity Ratio	-0.29	-0.29	-0.30	-0.35	-0.28	-0.34
Net Debt / EBITDA Ratio	-1.48	-1.48	-1.85	-2.55	-6.15	-4.16
Net Debt / FCF Ratio	-1.82	-1.82	-2.46	-2.00	21.08	-3.43
Asset Turnover	0.49	0.49	0.50	0.42	0.28	0.37
Inventory Turnover	6.77	6.77	7.06	5.35	4.89	6.04
Quick Ratio	1.04	1.04	1.17	0.93	1.33	1.39
Current Ratio	1.38	1.38	1.57	1.25	1.70	1.57
Return on Equity (ROE)	10.82%	10.82%	10.06%	9.07%	-1.05%	4.88%
Return on Assets (ROA)	5.26%	5.26%	4.37%	3.79%	-0.05%	2.11%
Return on Invested Capital (ROIC)	16.99%	17.05%	15.06%	12.31%	-0.17%	6.38%
Return on Capital Employed (ROCE)	12.30%	12.30%	9.30%	8.70%	-0.10%	4.10%
Earnings Yield	5.95%	5.09%	5.05%	5.26%	-0.39%	2.77%
FCF Yield	9.48%	8.12%	6.57%	10.93%	-0.57%	5.86%
Dividend Yield	1.36%	1.11%	1.00%	1.06%	-	-
Payout Ratio	15.99%	15.99%	15.78%	-	-	-
Buyback Yield / Dilution	-2.08%	-2.08%	0.25%	-3.37%	1.13%	-3.02%
Total Shareholder Return	-0.72%	-0.97%	1.25%	-2.31%	1.13%	-3.02%

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.