SHA:600032 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	Mar '26 Mar 5, 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	20,320	17,795	19,382	23,899	32,157	-
Market Cap Growth	16.55%	-8.19%	-18.90%	-25.68%	-	-
Enterprise Value	60,264	54,031	52,466	56,238	55,437	-
PE Ratio	37.91	31.41	30.90	30.80	46.66	-
PS Ratio	4.15	3.59	4.29	5.20	9.94	-
PB Ratio	1.03	0.95	1.06	1.67	2.63	-
P/FCF Ratio	12.53	14.57	-	-	-	-
P/OCF Ratio	4.73	6.30	7.88	8.21	27.74	-
EV/Sales Ratio	12.30	10.89	11.60	12.23	17.14	-
EV/EBITDA Ratio	15.09	14.43	14.89	15.39	21.99	-
EV/EBIT Ratio	36.37	31.98	28.92	27.90	35.83	-
EV/FCF Ratio	37.17	44.23	-	-	-	-
Debt / Equity Ratio	1.87	1.91	1.71	2.09	1.99	1.75
Debt / EBITDA Ratio	9.19	9.50	8.85	8.14	9.63	9.78
Debt / FCF Ratio	22.65	29.29	-	-	-	-
Net Debt / Equity Ratio	1.69	1.81	1.58	1.92	1.68	1.64
Net Debt / EBITDA Ratio	8.36	9.06	8.20	7.50	8.14	9.20
Net Debt / FCF Ratio	20.48	27.75	-16.36	-70.53	-12.26	-4.73
Quick Ratio	1.20	1.17	1.20	1.18	0.69	0.65
Current Ratio	1.31	1.28	1.30	1.28	0.72	0.69
Asset Turnover	0.09	0.09	0.09	0.10	0.09	0.09
Return on Equity (ROE)	3.90%	4.46%	6.00%	8.67%	9.07%	5.29%
Return on Assets (ROA)	1.80%	1.89%	2.28%	2.85%	2.71%	2.30%
Return on Capital Employed (ROCE)	3.30%	3.40%	4.10%	5.10%	5.30%	4.30%
Earnings Yield	2.64%	3.18%	3.24%	3.25%	2.14%	-
FCF Yield	7.98%	6.87%	-9.12%	-1.63%	-5.20%	-
Dividend Yield	0.85%	0.97%	0.89%	0.72%	0.30%	-
Payout Ratio	179.46%	219.13%	178.07%	138.62%	110.46%	224.73%
Buyback Yield / Dilution	-0.01%	-4.71%	-10.41%	-4.35%	-6.50%	0.02%
Total Shareholder Return	0.84%	-3.74%	-9.52%	-3.64%	-6.20%	0.02%

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