Korea District Heating Ratios and Metrics

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

Millions KRW. Fiscal year is Jan - Dec.

Fiscal Year	Current	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Feb '26 Feb 25, 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	1,067,560	479,360	283,100	329,994	448,676	467,202
Market Cap Growth	119.52%	69.33%	-14.21%	-26.45%	-3.96%	-14.69%
Enterprise Value	5,187,127	4,534,396	4,114,637	3,644,211	3,247,591	3,243,153
Last Close Price	92200.00	38159.02	22535.94	26268.89	35716.47	36434.09
PE Ratio	3.31	2.46	1.48	-	27.71	17.71
Forward PE	5.77	14.33	14.33	14.33	14.33	14.33
PS Ratio	0.26	0.13	0.07	0.08	0.18	0.22
PB Ratio	0.48	0.21	0.14	0.20	0.25	0.26
P/TBV Ratio	0.49	0.22	0.14	0.21	0.26	0.27
P/FCF Ratio	4.33	-	-	-	-	-
P/OCF Ratio	1.55	1.15	-	22.58	1.07	1.22
EV/Sales Ratio	1.29	1.27	1.04	0.87	1.28	1.55
EV/EBITDA Ratio	5.90	6.85	6.53	-	10.67	8.47
EV/EBIT Ratio	10.03	13.87	13.00	-	83.26	24.69
EV/FCF Ratio	21.04	-	-	-	-	-
Debt / Equity Ratio	1.87	1.91	1.96	2.15	1.65	1.59
Debt / EBITDA Ratio	4.73	6.54	6.51	-	9.87	7.46
Debt / FCF Ratio	16.85	-	-	-	-	-
Net Debt / Equity Ratio	1.86	1.91	1.95	2.12	1.64	1.57
Net Debt / EBITDA Ratio	4.69	6.53	6.49	-30.10	9.81	7.38
Net Debt / FCF Ratio	16.71	-18.60	-5.22	-6.99	-30.44	-63.94
Asset Turnover	0.51	0.44	0.51	0.60	0.40	0.35
Inventory Turnover	139.50	72.03	58.38	90.05	61.19	50.43
Quick Ratio	0.17	0.57	0.40	0.50	0.42	0.55
Current Ratio	0.25	0.62	0.44	0.56	0.47	0.63
Return on Equity (ROE)	14.74%	9.62%	10.61%	-10.54%	1.18%	1.68%
Return on Assets (ROA)	4.11%	2.50%	2.56%	-3.60%	0.39%	1.37%
Return on Invested Capital (ROIC)	6.42%	4.12%	4.77%	-8.06%	0.61%	2.87%
Return on Capital Employed (ROCE)	8.70%	4.90%	5.30%	-7.40%	0.80%	2.50%
Earnings Yield	28.25%	43.84%	70.44%	-55.72%	4.78%	5.98%
FCF Yield	23.09%	-48.49%	-276.31%	-153.48%	-21.86%	-9.46%
Dividend Yield	4.14%	10.17%	-	-	2.23%	2.65%
Payout Ratio	19.59%	9.32%	5.39%	-	84.43%	6.21%
Buyback Yield / Dilution	12.06%	-	-	-	-	-
Total Shareholder Return	16.20%	10.17%	-	-	2.23%	2.65%

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.