Southwest Securities 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 25, 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	27,909	31,033	27,178	24,919	35,153	35,751
Market Cap Growth	-5.62%	14.18%	9.07%	-29.11%	-1.67%	22.02%
Last Close Price	4.20	4.59	3.96	3.61	4.99	4.96
PE Ratio	27.30	44.37	45.13	80.54	33.86	32.75
PS Ratio	8.48	12.24	11.71	13.97	11.52	11.44
PB Ratio	1.08	1.20	1.07	1.00	1.39	1.43
P/FCF Ratio	5.97	3.02	-	8.66	-	-
P/OCF Ratio	5.83	2.99	-	8.39	-	-
Debt / Equity Ratio	1.80	1.38	1.73	1.60	1.58	1.56
Debt / FCF Ratio	9.99	3.47	-	13.90	-	-
Net Debt / Equity Ratio	-0.45	-0.17	0.38	0.32	-0.40	-0.34
Net Debt / FCF Ratio	-2.49	-0.43	-5.66	2.74	28.79	2.08
Asset Turnover	0.04	0.03	0.03	0.02	0.04	0.04
Quick Ratio	1.46	1.14	0.94	0.88	1.28	1.43
Current Ratio	1.53	1.45	1.36	1.30	1.33	1.49
Return on Equity (ROE)	3.58%	2.73%	2.38%	1.22%	4.07%	4.74%
Return on Assets (ROA)	1.03%	0.83%	0.72%	0.38%	1.27%	1.46%
Return on Invested Capital (ROIC)	1.24%	1.04%	0.79%	0.19%	1.71%	2.00%
Earnings Yield	3.30%	2.25%	2.22%	1.24%	2.95%	3.05%
FCF Yield	16.75%	33.12%	-6.24%	11.54%	-1.01%	-11.41%
Dividend Yield	2.03%	1.85%	0.88%	0.83%	1.60%	2.01%
Payout Ratio	101.53%	128.84%	119.93%	401.88%	140.41%	122.86%
Buyback Yield / Dilution	15.74%	4.98%	-8.13%	4.63%	-7.00%	-4.75%
Total Shareholder Return	17.77%	6.83%	-7.25%	5.46%	-5.40%	-2.73%

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