Dalian Thermal Power 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 2, 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	2,541	2,638	2,885	3,281	2,055	1,667
Market Cap Growth	1.13%	-8.55%	-12.08%	59.65%	23.30%	4.30%
Enterprise Value	4,076	4,310	4,434	4,833	3,391	2,967
PE Ratio	-	-	-	31.08	-	-
PS Ratio	4.20	4.36	4.59	5.19	2.55	2.53
PB Ratio	8.28	8.60	7.16	5.99	4.66	2.79
P/OCF Ratio	328.23	340.77	-	-	6.18	25.80
EV/Sales Ratio	6.74	7.13	7.05	7.64	4.20	4.50
EV/EBITDA Ratio	22.17	23.45	54.49	-	-	118.41
EV/EBIT Ratio	117.25	124.00	-	-	-	-
Debt / Equity Ratio	5.43	5.43	3.63	2.69	3.10	2.42
Debt / EBITDA Ratio	9.06	9.06	17.90	-	-	55.74
Net Debt / Equity Ratio	5.00	5.00	3.41	2.54	2.74	1.88
Net Debt / EBITDA Ratio	8.35	8.35	16.90	-104.47	-332.99	44.81
Net Debt / FCF Ratio	-19.22	-19.22	-10.23	-4.73	-34.67	-5.29
Quick Ratio	0.31	0.31	0.28	0.35	0.14	0.41
Current Ratio	0.38	0.38	0.38	0.49	0.49	0.66
Asset Turnover	0.23	0.23	0.23	0.23	0.29	0.24
Return on Equity (ROE)	-26.69%	-26.69%	-30.69%	21.34%	-30.15%	-21.36%
Return on Assets (ROA)	0.82%	0.82%	-1.20%	-3.01%	-2.35%	-1.52%
Return on Capital Employed (ROCE)	3.50%	3.50%	-5.10%	-9.20%	-8.40%	-4.70%
Earnings Yield	-3.73%	-3.59%	-5.06%	3.22%	-7.62%	-8.59%
FCF Yield	-3.14%	-3.03%	-4.66%	-8.95%	-1.70%	-12.73%
Payout Ratio	-	-	-	80.01%	-	-
Buyback Yield / Dilution	-0.12%	-0.12%	0.05%	0.01%	0.01%	-0.53%
Total Shareholder Return	-0.12%	-0.12%	0.05%	0.01%	0.01%	-0.53%

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