Smart-Core 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 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Mar '26 Mar 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	1,294	728	752	1,124	767	613
Market Cap Growth	67.91%	-3.21%	-33.08%	46.56%	25.10%	-17.10%
Enterprise Value	1,748	987	1,540	2,460	2,030	725
Last Close Price	2.78	1.44	1.41	1.98	1.24	0.94
PE Ratio	11.55	7.26	10.58	6.83	3.58	8.64
PS Ratio	0.27	0.16	0.13	0.11	0.07	0.11
PB Ratio	1.34	0.76	0.83	0.94	0.74	0.88
P/TBV Ratio	1.37	0.78	0.86	1.35	0.97	1.00
P/FCF Ratio	-	3.38	2.12	1.31	-	-
P/OCF Ratio	-	3.36	2.08	1.29	-	-
EV/Sales Ratio	0.36	0.21	0.27	0.25	0.20	0.13
EV/EBITDA Ratio	12.84	8.65	11.93	4.35	3.89	6.68
EV/EBIT Ratio	14.13	8.94	12.70	4.39	3.93	6.93
EV/FCF Ratio	-7.68	4.58	4.33	2.86	-	-
Debt / Equity Ratio	0.63	0.33	0.54	0.91	1.60	1.09
Debt / EBITDA Ratio	4.91	2.57	3.36	1.87	3.12	6.41
Debt / FCF Ratio	-	1.47	1.36	1.26	-	-
Net Debt / Equity Ratio	0.47	0.08	0.35	0.49	1.32	0.64
Net Debt / EBITDA Ratio	3.90	0.67	2.45	1.05	2.64	4.07
Net Debt / FCF Ratio	-1.99	0.35	0.89	0.69	-3.07	-2.30
Asset Turnover	2.30	2.71	2.46	3.08	3.56	2.94
Inventory Turnover	14.93	21.12	20.53	19.93	18.39	17.47
Quick Ratio	0.99	1.25	1.06	1.04	0.90	0.96
Current Ratio	1.47	1.84	1.69	1.57	1.32	1.36
Return on Equity (ROE)	11.98%	10.84%	8.79%	33.85%	45.09%	12.86%
Return on Assets (ROA)	3.36%	4.02%	3.29%	10.78%	11.08%	3.47%
Return on Invested Capital (ROIC)	7.12%	8.61%	6.82%	22.05%	24.17%	8.91%
Return on Capital Employed (ROCE)	11.60%	11.40%	13.30%	46.10%	48.40%	14.70%
Earnings Yield	8.69%	13.78%	9.45%	14.65%	27.90%	11.58%
FCF Yield	-17.60%	29.57%	47.29%	76.41%	-58.33%	-31.32%
Dividend Yield	4.68%	8.35%	3.55%	5.06%	9.66%	6.41%
Payout Ratio	49.21%	32.59%	39.73%	35.30%	18.29%	28.08%
Buyback Yield / Dilution	0.74%	0.71%	2.78%	0.51%	0.77%	2.08%
Total Shareholder Return	5.42%	9.07%	6.33%	5.57%	10.43%	8.49%

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