Shanghai Belling 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 7, 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	21,083	22,154	28,130	10,055	12,331	18,170
Market Cap Growth	0.85%	-21.25%	179.77%	-18.46%	-32.13%	85.30%
Enterprise Value	20,049	21,025	26,680	9,099	10,902	16,159
Last Close Price	29.74	31.25	39.47	14.07	17.05	24.87
PE Ratio	96.31	93.78	71.12	-	30.90	24.91
Forward PE	-	220.69	220.69	220.69	220.69	220.69
PS Ratio	6.37	6.98	9.98	4.71	6.03	8.98
PB Ratio	4.64	4.90	6.38	2.48	2.92	4.56
P/TBV Ratio	5.63	5.96	7.81	3.10	3.63	5.30
P/FCF Ratio	101.34	106.59	424.01	113.42	-	48.41
P/OCF Ratio	82.94	88.03	300.65	86.72	-	47.15
EV/Sales Ratio	6.06	6.63	9.47	4.26	5.33	7.98
EV/EBITDA Ratio	85.21	98.91	102.92	63.20	34.80	43.78
EV/EBIT Ratio	100.88	112.09	118.14	80.85	37.23	45.70
EV/FCF Ratio	96.36	101.16	402.16	102.64	-	43.05
Debt / Equity Ratio	0.01	0.01	0.01	0.01	0.01	0.01
Debt / EBITDA Ratio	0.12	0.14	0.16	0.36	0.08	0.08
Debt / FCF Ratio	0.14	0.15	0.65	0.64	-	0.08
Net Debt / Equity Ratio	-0.23	-0.27	-0.34	-0.27	-0.34	-0.51
Net Debt / EBITDA Ratio	-4.67	-5.72	-5.73	-7.71	-4.58	-5.56
Net Debt / FCF Ratio	-4.97	-5.85	-22.38	-12.52	5.99	-5.46
Asset Turnover	0.64	0.60	0.56	0.43	0.42	0.47
Inventory Turnover	2.32	2.63	2.67	2.21	2.55	3.80
Quick Ratio	2.94	3.16	3.56	2.94	3.46	4.97
Current Ratio	4.96	4.59	4.73	4.13	4.75	5.83
Return on Equity (ROE)	4.90%	5.29%	9.34%	-1.45%	9.74%	20.18%
Return on Assets (ROA)	2.39%	2.21%	2.78%	1.43%	3.80%	5.18%
Return on Invested Capital (ROIC)	4.97%	5.19%	7.69%	3.92%	11.57%	16.19%
Return on Capital Employed (ROCE)	4.30%	4.10%	5.00%	2.70%	6.70%	8.50%
Earnings Yield	1.04%	1.07%	1.41%	-0.60%	3.24%	4.01%
FCF Yield	0.99%	0.94%	0.24%	0.88%	-1.94%	2.07%
Dividend Yield	0.40%	0.38%	0.43%	0.71%	1.17%	0.80%
Payout Ratio	54.72%	51.02%	17.92%	-	35.70%	12.72%
Buyback Yield / Dilution	-0.94%	-1.35%	-5.56%	4.42%	1.13%	-0.57%
Total Shareholder Return	-0.54%	-0.97%	-5.13%	5.13%	2.30%	0.23%

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