Minmetals Development Ratios and Metrics

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

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 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	11,909	12,348	7,632	10,055	9,229	9,937
Market Cap Growth	44.47%	61.80%	-24.09%	8.94%	-7.12%	26.47%
Enterprise Value	9,089	11,258	9,401	11,698	10,717	11,567
Last Close Price	11.11	11.52	7.12	9.38	8.61	9.27
PE Ratio	623.38	646.38	60.74	50.47	25.18	20.75
Forward PE	-	108.42	108.42	108.42	108.42	108.42
PS Ratio	0.23	0.23	0.11	0.13	0.11	0.11
PB Ratio	1.58	1.64	1.00	1.31	1.81	1.37
P/TBV Ratio	1.76	1.83	1.08	1.42	2.11	1.51
P/FCF Ratio	10.45	10.84	4.37	42.18	6.54	10.84
P/OCF Ratio	9.73	10.09	4.21	33.06	6.38	10.65
EV/Sales Ratio	0.17	0.21	0.14	0.15	0.13	0.13
EV/EBITDA Ratio	11.48	15.31	13.26	10.96	7.62	8.43
EV/EBIT Ratio	14.48	17.94	15.46	12.21	8.25	9.14
EV/FCF Ratio	7.98	9.88	5.39	49.07	7.59	12.62
Debt / Equity Ratio	0.07	0.07	0.14	0.25	1.20	0.56
Debt / EBITDA Ratio	0.70	0.70	1.39	1.69	4.23	2.92
Debt / FCF Ratio	0.49	0.49	0.62	8.07	4.33	4.47
Net Debt / Equity Ratio	-0.39	-0.39	-0.24	-0.01	0.70	0.17
Net Debt / EBITDA Ratio	-4.01	-4.01	-2.58	-0.04	2.53	0.91
Net Debt / FCF Ratio	-2.59	-2.59	-1.05	-0.20	2.52	1.36
Asset Turnover	2.27	2.27	2.88	3.44	3.52	3.90
Inventory Turnover	20.18	20.18	24.70	24.59	20.20	20.44
Quick Ratio	0.90	0.90	0.99	0.98	0.79	0.83
Current Ratio	1.33	1.33	1.31	1.33	1.19	1.34
Return on Equity (ROE)	0.25%	0.25%	1.80%	2.84%	6.09%	6.89%
Return on Assets (ROA)	1.68%	1.68%	1.63%	2.61%	3.51%	3.52%
Return on Invested Capital (ROIC)	1.24%	1.31%	3.90%	4.96%	9.47%	8.44%
Return on Capital Employed (ROCE)	8.10%	8.10%	7.70%	12.10%	20.40%	15.30%
Earnings Yield	0.16%	0.15%	1.65%	1.98%	3.97%	4.82%
FCF Yield	9.57%	9.23%	22.86%	2.37%	15.30%	9.22%
Payout Ratio	826.59%	826.59%	223.07%	80.95%	89.37%	64.11%
Buyback Yield / Dilution	-	-	-	41.50%	-18.61%	-44.14%

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