SHA:600023 Ratios and Metrics

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

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	Current	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Apr '26 Apr 13, 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	74,016	75,893	61,814	46,796	54,947	49,371
Market Cap Growth	-0.90%	22.78%	32.09%	-14.83%	11.29%	-8.33%
Enterprise Value	118,792	118,826	104,784	78,270	76,242	69,990
PE Ratio	10.21	9.79	9.48	-	-	8.11
PS Ratio	0.92	0.86	0.64	0.58	0.77	0.96
PB Ratio	0.83	0.87	0.77	0.69	0.77	0.65
P/FCF Ratio	12.95	18.85	25.26	-	-	7.13
P/OCF Ratio	4.99	5.54	5.39	208.85	64.97	4.88
EV/Sales Ratio	1.48	1.35	1.09	0.98	1.07	1.35
EV/EBITDA Ratio	8.75	8.89	9.05	756.93	42.82	6.37
EV/EBIT Ratio	17.61	16.83	19.07	-	-	13.07
EV/FCF Ratio	20.78	29.51	42.82	-	-	10.11
Debt / Equity Ratio	0.57	0.56	0.62	0.60	0.44	0.35
Debt / EBITDA Ratio	3.75	3.53	4.22	194.41	16.56	2.43
Debt / FCF Ratio	8.90	12.01	20.18	-	-	3.85
Net Debt / Equity Ratio	0.34	0.37	0.38	0.41	0.28	0.11
Net Debt / EBITDA Ratio	2.31	2.39	2.59	264.03	11.29	0.74
Net Debt / FCF Ratio	5.35	7.95	12.27	-5.04	-5.20	1.17
Quick Ratio	0.88	0.86	1.07	0.85	0.91	1.54
Current Ratio	1.07	1.09	1.32	1.12	1.18	1.79
Asset Turnover	0.52	0.58	0.72	0.68	0.62	0.46
Return on Equity (ROE)	9.10%	10.66%	10.72%	-5.17%	-2.67%	8.97%
Return on Assets (ROA)	2.70%	2.93%	2.56%	-2.94%	-2.13%	2.97%
Return on Capital Employed (ROCE)	5.50%	5.90%	4.80%	-5.90%	-4.20%	5.50%
Earnings Yield	9.85%	10.22%	10.55%	-3.90%	-1.52%	12.33%
FCF Yield	7.72%	5.31%	3.96%	-11.57%	-7.04%	14.03%
Dividend Yield	5.29%	5.45%	5.96%	-	-	7.26%
Payout Ratio	70.94%	61.45%	23.45%	-	-	64.65%
Buyback Yield / Dilution	-2.25%	-0.47%	-1.95%	6.42%	-3.11%	-0.81%
Total Shareholder Return	3.05%	4.98%	4.01%	6.42%	-3.11%	6.45%

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