Hang Zhou Iron & Steel 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	May '26 May 5, 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	30,834	27,558	16,143	18,000	13,948	17,325
Market Cap Growth	-20.40%	70.71%	-10.32%	29.06%	-19.49%	-3.02%
Enterprise Value	26,316	18,326	11,019	9,076	2,128	7,550
Last Close Price	9.13	8.16	4.78	5.27	4.04	4.80
PE Ratio	448.54	1141.63	-	98.78	28.98	10.56
Forward PE	270.54	10.87	10.87	10.87	10.87	10.87
PS Ratio	0.68	0.53	0.25	0.32	0.32	0.35
PB Ratio	1.57	1.40	0.82	0.89	0.69	0.84
P/TBV Ratio	1.82	1.63	0.97	1.00	0.77	0.95
P/FCF Ratio	36.28	29.71	-	-	-	13.79
P/OCF Ratio	12.55	12.85	14.29	-	-	7.32
EV/Sales Ratio	0.58	0.35	0.17	0.16	0.05	0.15
EV/EBITDA Ratio	19.66	15.35	101.35	11.22	1.69	2.69
EV/EBIT Ratio	-	-	-	-	24.15	4.55
EV/FCF Ratio	30.96	19.76	-	-	-	6.01
Debt / Equity Ratio	0.05	0.15	0.04	0.09	0.03	0.02
Debt / EBITDA Ratio	0.76	2.38	6.04	2.19	0.42	0.12
Debt / FCF Ratio	1.19	3.23	-	-	-	0.27
Net Debt / Equity Ratio	-0.24	-0.22	-0.35	-0.29	-0.42	-0.47
Net Debt / EBITDA Ratio	-3.76	-3.68	-64.05	-7.22	-6.69	-3.41
Net Debt / FCF Ratio	-5.61	-4.74	35.04	1.65	7.80	-7.62
Asset Turnover	1.48	1.63	1.98	1.87	1.50	1.75
Inventory Turnover	9.19	10.50	11.31	13.14	13.80	17.22
Quick Ratio	0.79	0.79	0.75	0.91	1.25	1.37
Current Ratio	1.44	1.34	1.33	1.54	1.78	1.84
Return on Equity (ROE)	0.35%	0.12%	-3.15%	0.91%	2.36%	8.07%
Return on Assets (ROA)	0.02%	-0.04%	-1.82%	-0.48%	0.19%	3.63%
Return on Invested Capital (ROIC)	0.03%	-0.05%	-6.94%	-1.16%	0.66%	10.64%
Return on Capital Employed (ROCE)	0.00%	-0.10%	-4.70%	-1.10%	0.40%	7.90%
Earnings Yield	0.22%	0.09%	-3.89%	1.01%	3.45%	9.47%
FCF Yield	2.76%	3.37%	-1.23%	-19.72%	-7.73%	7.25%
Dividend Yield	-	-	-	0.95%	1.24%	5.21%
Payout Ratio	75.53%	229.14%	-	99.56%	178.59%	41.87%
Buyback Yield / Dilution	29.68%	26.98%	9.29%	-6.00%	-2.69%	-0.19%
Total Shareholder Return	29.68%	26.98%	9.29%	-5.05%	-1.45%	5.02%

Source: S&P Global Market Intelligence. Standard template. Financial Sources.