Shanghai Join Buy 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	Feb '26 Feb 12, 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	4,458	3,901	3,155	3,127	2,626	2,742
Market Cap Growth	33.81%	23.63%	0.90%	19.08%	-4.24%	7.21%
Enterprise Value	3,992	3,489	2,804	2,845	2,361	2,543
Last Close Price	11.12	9.69	7.78	7.67	6.36	6.60
PE Ratio	104.12	92.80	50.73	59.79	25.63	51.37
PS Ratio	49.43	42.08	36.45	45.62	26.62	29.38
PB Ratio	2.83	2.53	2.15	2.19	1.73	2.00
P/TBV Ratio	2.95	2.65	2.25	2.30	1.82	2.12
P/FCF Ratio	-	-	-	2618.81	-	-
P/OCF Ratio	4833.57	1809.58	383.23	1523.54	428.47	-
EV/Sales Ratio	44.26	37.64	32.40	41.51	23.94	27.24
EV/FCF Ratio	-2078.07	-	-	2382.84	-	-
Debt / Equity Ratio	0.01	0.01	0.01	0.02	0.02	-
Debt / FCF Ratio	-	-	-	19.20	-	-
Net Debt / Equity Ratio	-0.29	-0.27	-0.24	-0.21	-0.18	-0.15
Net Debt / EBITDA Ratio	41.71	32.51	33.48	26.38	26.78	9.35
Net Debt / FCF Ratio	242.39	173.51	233.36	-253.07	795.17	0.78
Asset Turnover	0.05	0.06	0.06	0.04	0.06	0.06
Inventory Turnover	3.86	4.25	3.53	2.91	4.17	4.62
Quick Ratio	9.67	7.48	6.17	5.38	4.72	3.72
Current Ratio	10.08	7.79	6.51	5.81	5.06	4.15
Return on Equity (ROE)	2.75%	2.79%	4.29%	3.55%	7.09%	3.95%
Return on Assets (ROA)	-1.05%	-1.15%	-1.09%	-1.09%	-1.07%	-1.49%
Return on Invested Capital (ROIC)	-2.55%	-2.69%	-2.46%	-2.39%	-2.24%	-3.31%
Return on Capital Employed (ROCE)	-1.70%	-1.90%	-1.80%	-1.90%	-1.70%	-2.40%
Earnings Yield	0.96%	1.08%	1.97%	1.67%	3.90%	1.95%
FCF Yield	-0.04%	-0.06%	-0.05%	0.04%	-0.01%	-9.64%
Dividend Yield	0.29%	0.33%	0.60%	0.52%	1.21%	0.61%
Payout Ratio	29.96%	44.88%	25.78%	59.02%	15.65%	56.32%
Buyback Yield / Dilution	0.03%	0.03%	-0.06%	0.01%	-0.01%	0.03%
Total Shareholder Return	0.32%	0.36%	0.54%	0.54%	1.20%	0.64%

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