AVIC Heavy Machinery 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 8, 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	25,344	29,958	30,327	28,107	45,774	53,097
Market Cap Growth	-12.91%	-1.22%	7.90%	-38.59%	-13.79%	126.02%
Enterprise Value	27,660	31,558	31,074	27,134	44,214	51,015
Last Close Price	16.20	19.16	20.32	18.72	30.26	34.96
PE Ratio	41.54	49.21	47.41	21.00	38.14	59.62
Forward PE	16.36	20.38	16.08	14.70	28.54	51.57
PS Ratio	2.51	2.96	2.93	2.43	4.33	6.04
PB Ratio	1.57	1.85	1.91	2.10	4.24	5.40
P/TBV Ratio	1.88	2.22	2.28	2.57	4.56	5.91
P/FCF Ratio	-	-	-	-	-	59.14
P/OCF Ratio	-	-	-	40.13	59.11	34.99
EV/Sales Ratio	2.73	3.12	3.00	2.34	4.18	5.80
EV/EBITDA Ratio	19.98	23.08	21.67	13.11	24.79	37.91
EV/EBIT Ratio	34.77	39.67	35.03	16.10	29.46	48.69
EV/FCF Ratio	-13.82	-	-	-	-	56.82
Debt / Equity Ratio	0.24	0.24	0.24	0.30	0.25	0.32
Debt / EBITDA Ratio	2.82	2.82	2.56	1.90	1.49	2.32
Debt / FCF Ratio	-	-	-	-	-	3.49
Net Debt / Equity Ratio	0.02	0.02	-0.11	-0.12	-0.28	-0.30
Net Debt / EBITDA Ratio	0.24	0.24	-1.21	-0.79	-1.71	-2.22
Net Debt / FCF Ratio	-0.16	-0.16	1.59	3.21	29.47	-3.33
Asset Turnover	0.33	0.33	0.36	0.48	0.52	0.50
Inventory Turnover	1.37	1.37	1.80	2.21	2.31	2.06
Quick Ratio	1.22	1.22	1.38	1.33	1.33	1.60
Current Ratio	1.68	1.68	1.82	1.69	1.69	2.10
Return on Equity (ROE)	4.66%	4.66%	5.22%	12.17%	12.88%	11.37%
Return on Assets (ROA)	1.62%	1.62%	1.92%	4.35%	4.60%	3.71%
Return on Invested Capital (ROIC)	4.35%	4.59%	6.05%	15.09%	17.81%	12.33%
Return on Capital Employed (ROCE)	4.50%	4.50%	4.80%	10.50%	13.00%	8.50%
Earnings Yield	2.40%	2.03%	2.11%	4.76%	2.62%	1.68%
FCF Yield	-7.90%	-6.68%	-3.61%	-1.82%	-0.23%	1.69%
Dividend Yield	0.05%	0.04%	0.60%	1.44%	0.55%	0.35%
Payout Ratio	36.33%	36.33%	71.22%	20.56%	23.36%	17.06%
Buyback Yield / Dilution	-4.93%	-4.93%	-1.17%	-0.47%	-5.18%	-6.98%
Total Shareholder Return	-4.88%	-4.88%	-0.57%	0.97%	-4.63%	-6.63%

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.