Hwaseung Enterprise Ratios and Metrics

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

Millions KRW. Fiscal year is Jan - Dec.

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Apr '26 Apr 2, 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	275,681	298,099	524,097	514,403	559,239	1,020,618
Market Cap Growth	-48.00%	-43.12%	1.88%	-8.02%	-45.21%	18.73%
Enterprise Value	772,453	840,221	1,049,012	1,056,102	1,090,299	1,298,764
Last Close Price	4550.00	4920.00	8563.50	8360.02	9040.91	16428.24
PE Ratio	-	-	15.83	-	-	-
Forward PE	14.77	9.41	8.67	13.83	8.80	14.67
PS Ratio	0.18	0.19	0.33	0.42	0.34	0.90
PB Ratio	0.58	0.63	0.93	0.92	0.95	1.85
P/TBV Ratio	0.65	0.71	1.09	1.09	1.13	2.02
P/FCF Ratio	3.58	3.87	18.35	114.94	-	-
P/OCF Ratio	2.08	2.25	6.48	8.70	5.77	-
PEG Ratio	-	0.52	0.52	0.52	0.52	0.52
EV/Sales Ratio	0.49	0.54	0.65	0.87	0.66	1.14
EV/EBITDA Ratio	6.93	7.58	6.82	12.58	8.65	18.88
EV/EBIT Ratio	21.37	23.60	12.74	81.63	20.66	182.95
EV/FCF Ratio	10.02	10.90	36.73	235.99	-	-
Debt / Equity Ratio	1.31	1.31	1.22	1.06	1.11	0.93
Debt / EBITDA Ratio	5.55	5.55	4.45	7.07	5.18	7.40
Debt / FCF Ratio	7.98	7.98	23.98	132.65	-	-
Net Debt / Equity Ratio	1.03	1.03	0.97	0.77	0.69	0.59
Net Debt / EBITDA Ratio	4.39	4.39	3.54	5.11	3.25	4.70
Net Debt / FCF Ratio	6.32	6.32	19.05	95.79	-11.40	-3.05
Asset Turnover	1.09	1.09	1.11	0.86	1.18	0.92
Inventory Turnover	5.14	5.14	5.10	3.78	4.90	3.88
Quick Ratio	0.31	0.31	0.39	0.41	0.48	0.48
Current Ratio	0.76	0.76	0.83	0.90	0.97	1.00
Return on Equity (ROE)	-5.24%	-5.24%	6.12%	-4.40%	-1.32%	-1.26%
Return on Assets (ROA)	1.56%	1.56%	3.55%	0.57%	2.35%	0.36%
Return on Invested Capital (ROIC)	3.62%	3.45%	6.62%	1.30%	-6.54%	-2.92%
Return on Capital Employed (ROCE)	6.70%	6.70%	12.90%	2.00%	7.60%	1.10%
Earnings Yield	-10.49%	-9.70%	6.32%	-5.11%	-1.79%	-0.64%
FCF Yield	27.96%	25.86%	5.45%	0.87%	-6.43%	-10.36%
Dividend Yield	1.00%	-	-	-	-	0.27%
Payout Ratio	-	-	8.25%	-	-	-
Buyback Yield / Dilution	-6.68%	-6.68%	-4.24%	-0.22%	0.44%	-2.81%
Total Shareholder Return	-5.72%	-6.68%	-4.24%	-0.22%	0.44%	-2.54%

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