Maoye Commercial 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	8,643	10,115	7,569	6,322	6,789	6,252
Market Cap Growth	47.63%	33.64%	19.73%	-6.89%	8.59%	-3.22%
Enterprise Value	14,508	15,956	13,812	13,495	14,346	14,717
Last Close Price	4.99	5.84	4.37	3.61	3.74	3.30
PE Ratio	-	-	203.75	124.87	19.86	15.27
Forward PE	-	5.33	5.33	5.33	5.33	5.33
PS Ratio	3.65	4.27	2.79	2.00	1.99	1.50
PB Ratio	1.19	1.39	1.01	0.84	0.88	0.82
P/TBV Ratio	2.02	2.37	1.73	1.49	1.56	1.50
P/FCF Ratio	23.63	27.66	7.58	7.30	13.88	5.85
P/OCF Ratio	22.20	25.98	7.19	6.72	9.95	4.80
EV/Sales Ratio	6.13	6.74	5.09	4.26	4.21	3.53
EV/EBITDA Ratio	21.49	27.84	19.36	15.76	12.90	10.89
EV/EBIT Ratio	49.94	54.92	32.12	23.74	17.47	14.28
EV/FCF Ratio	39.67	43.63	13.83	15.58	29.33	13.78
Debt / Equity Ratio	0.77	0.77	0.78	0.90	0.95	1.05
Debt / EBITDA Ratio	8.27	8.27	5.68	5.72	5.02	4.85
Debt / FCF Ratio	15.26	15.26	5.86	7.84	15.03	7.52
Net Debt / Equity Ratio	0.74	0.74	0.75	0.84	0.89	0.97
Net Debt / EBITDA Ratio	9.33	9.33	7.85	7.40	6.16	5.46
Net Debt / FCF Ratio	14.63	14.63	5.61	7.32	14.02	6.91
Asset Turnover	0.13	0.13	0.14	0.16	0.16	0.21
Inventory Turnover	0.82	0.82	0.94	1.17	1.18	1.51
Quick Ratio	0.15	0.15	0.15	0.18	0.21	0.19
Current Ratio	0.42	0.42	0.41	0.39	0.45	0.47
Return on Equity (ROE)	-3.58%	-3.58%	0.40%	0.58%	4.35%	5.69%
Return on Assets (ROA)	1.00%	1.00%	1.40%	1.76%	2.45%	3.17%
Return on Invested Capital (ROIC)	2.28%	2.26%	1.77%	2.38%	4.29%	5.41%
Return on Capital Employed (ROCE)	2.30%	2.30%	3.10%	4.10%	5.50%	6.60%
Earnings Yield	-2.84%	-2.43%	0.49%	0.80%	5.03%	6.55%
FCF Yield	4.23%	3.62%	13.20%	13.70%	7.20%	17.09%
Dividend Yield	-	-	-	0.75%	4.01%	4.54%
Payout Ratio	-	-	975.81%	1267.40%	188.37%	151.11%
Buyback Yield / Dilution	0.20%	0.20%	-0.11%	-0.09%	-0.04%	0.01%
Total Shareholder Return	0.20%	0.20%	-0.11%	0.66%	3.97%	4.55%

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