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 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Feb '26 Feb 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	319,911	524,097	514,403	559,239	1,020,618	859,621
Market Cap Growth	-43.35%	1.88%	-8.02%	-45.21%	18.73%	-16.22%
Enterprise Value	862,033	1,049,012	1,056,102	1,090,299	1,298,764	998,876
Last Close Price	5280.00	8572.15	8368.46	9050.04	16444.83	13821.76
PE Ratio	81.02	15.83	-	-	-	21.44
Forward PE	17.14	8.67	13.83	8.80	14.67	13.40
PS Ratio	0.19	0.33	0.42	0.34	0.90	0.77
PB Ratio	0.67	0.93	0.92	0.95	1.85	1.60
P/TBV Ratio	0.75	1.09	1.09	1.13	2.02	1.77
P/FCF Ratio	10.57	18.35	114.94	-	-	-
P/OCF Ratio	3.34	6.48	8.70	5.77	-	11.07
PEG Ratio	-	0.52	0.52	0.52	0.52	0.52
EV/Sales Ratio	0.52	0.65	0.87	0.66	1.14	0.90
EV/EBITDA Ratio	6.16	6.82	12.58	8.65	18.88	8.31
EV/EBIT Ratio	13.92	12.74	81.63	20.66	182.95	15.99
EV/FCF Ratio	28.48	36.73	235.99	-	-	-
Debt / Equity Ratio	1.31	1.22	1.06	1.11	0.93	0.73
Debt / EBITDA Ratio	4.45	4.45	7.07	5.18	7.40	3.26
Debt / FCF Ratio	20.62	23.98	132.65	-	-	-
Net Debt / Equity Ratio	1.12	0.97	0.77	0.69	0.59	0.26
Net Debt / EBITDA Ratio	3.81	3.54	5.11	3.25	4.70	1.15
Net Debt / FCF Ratio	17.62	19.05	95.79	-11.40	-3.05	-7.34
Asset Turnover	1.18	1.11	0.86	1.18	0.92	1.05
Inventory Turnover	5.09	5.10	3.78	4.90	3.88	4.30
Quick Ratio	0.28	0.39	0.41	0.48	0.48	0.67
Current Ratio	0.76	0.83	0.90	0.97	1.00	1.13
Return on Equity (ROE)	1.38%	6.12%	-4.40%	-1.32%	-1.26%	9.16%
Return on Assets (ROA)	2.77%	3.55%	0.57%	2.35%	0.36%	3.66%
Return on Invested Capital (ROIC)	3.30%	6.62%	1.30%	-6.54%	-2.92%	8.05%
Return on Capital Employed (ROCE)	11.60%	12.90%	2.00%	7.60%	1.10%	10.50%
Earnings Yield	1.71%	6.32%	-5.11%	-1.79%	-0.64%	4.67%
FCF Yield	9.46%	5.45%	0.87%	-6.43%	-10.36%	-2.20%
Dividend Yield	0.85%	0.53%	-	-	0.27%	0.33%
Payout Ratio	50.06%	8.25%	-	-	-	6.79%
Buyback Yield / Dilution	-34.31%	-4.24%	-0.22%	0.44%	-2.81%	-11.20%
Total Shareholder Return	-33.47%	-3.72%	-0.22%	0.44%	-2.54%	-10.87%

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