Xiamen Tungsten 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	Apr '26 Apr 28, 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	87,270	65,186	30,595	24,366	27,731	32,100
Market Cap Growth	184.52%	113.06%	25.56%	-12.13%	-13.61%	35.49%
Enterprise Value	106,256	78,892	46,873	42,131	44,197	44,079
Last Close Price	54.97	41.06	18.77	16.37	18.29	20.89
PE Ratio	28.77	28.23	17.87	15.21	19.18	27.23
Forward PE	27.76	24.80	12.93	11.81	13.90	20.09
PS Ratio	1.63	1.41	0.87	0.62	0.57	1.01
PB Ratio	3.08	2.44	1.24	1.28	1.73	2.46
P/TBV Ratio	5.36	4.30	2.18	2.55	3.30	4.17
P/FCF Ratio	-	66.39	32.87	11.17	-	-
P/OCF Ratio	109.76	21.94	10.00	5.69	-	30.85
EV/Sales Ratio	1.98	1.71	1.33	1.07	0.92	1.38
EV/EBITDA Ratio	15.01	14.41	11.10	10.02	11.38	14.31
EV/EBIT Ratio	18.69	19.03	15.51	13.66	15.42	20.38
EV/FCF Ratio	-80.24	80.35	50.36	19.31	-	-
Debt / Equity Ratio	0.54	0.43	0.49	0.78	0.87	1.15
Debt / EBITDA Ratio	2.17	2.07	2.84	3.50	3.56	4.84
Debt / FCF Ratio	-	11.59	12.97	6.80	-	-
Net Debt / Equity Ratio	0.31	0.20	0.19	0.60	0.70	0.98
Net Debt / EBITDA Ratio	1.26	0.98	1.09	2.72	2.90	4.17
Net Debt / FCF Ratio	-6.73	5.46	4.93	5.24	-5.39	-38.91
Asset Turnover	0.98	0.91	0.83	1.00	1.33	1.10
Inventory Turnover	3.04	3.33	3.69	4.13	5.01	4.04
Quick Ratio	0.55	0.66	1.05	1.04	0.85	0.59
Current Ratio	1.27	1.28	1.68	1.84	1.45	1.17
Return on Equity (ROE)	16.85%	13.02%	12.12%	14.33%	14.99%	14.74%
Return on Assets (ROA)	6.51%	5.07%	4.42%	4.87%	4.93%	4.66%
Return on Invested Capital (ROIC)	13.41%	11.14%	8.45%	9.20%	9.14%	8.75%
Return on Capital Employed (ROCE)	17.60%	13.60%	9.60%	10.90%	11.80%	12.20%
Earnings Yield	3.48%	3.54%	5.60%	6.57%	5.21%	3.67%
FCF Yield	-1.52%	1.51%	3.04%	8.96%	-7.55%	-1.03%
Dividend Yield	1.06%	1.42%	2.24%	2.44%	1.91%	1.24%
Payout Ratio	42.84%	55.72%	53.94%	59.15%	51.72%	54.35%
Buyback Yield / Dilution	-7.85%	-11.12%	-1.25%	-0.35%	-0.00%	-0.01%
Total Shareholder Return	-6.82%	-9.70%	0.98%	2.09%	1.91%	1.23%

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