Hongfa Technology 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 9, 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	38,815	47,047	33,178	28,820	34,836	55,589
Market Cap Growth	0.39%	41.80%	15.12%	-17.27%	-37.33%	37.66%
Enterprise Value	39,171	50,178	36,470	31,885	37,409	57,742
Last Close Price	26.59	30.40	22.36	19.13	22.84	36.16
PE Ratio	22.16	26.77	20.34	20.69	27.86	52.32
Forward PE	20.37	18.65	19.14	17.67	21.35	40.67
PS Ratio	2.26	2.74	2.35	2.23	2.99	5.55
PB Ratio	2.42	2.94	2.65	2.61	3.47	6.36
P/TBV Ratio	3.19	3.87	3.68	3.67	4.98	9.08
P/FCF Ratio	21.74	26.35	30.80	17.72	370.88	-
P/OCF Ratio	13.07	15.85	14.85	10.83	21.49	60.96
EV/Sales Ratio	2.28	2.92	2.59	2.47	3.21	5.76
EV/EBITDA Ratio	10.90	14.04	11.24	10.32	14.67	28.25
EV/EBIT Ratio	15.08	19.32	15.63	14.03	20.02	38.46
EV/FCF Ratio	21.93	28.10	33.86	19.60	398.27	-
Debt / Equity Ratio	0.06	0.06	0.31	0.26	0.23	0.20
Debt / EBITDA Ratio	0.25	0.25	1.18	0.94	0.92	0.84
Debt / FCF Ratio	0.50	0.50	3.56	1.79	25.05	-
Net Debt / Equity Ratio	-0.19	-0.19	-0.02	0.00	0.05	0
Net Debt / EBITDA Ratio	-0.85	-0.85	-0.07	0.01	0.19	0.00
Net Debt / FCF Ratio	-1.69	-1.69	-0.22	0.02	5.14	-0.29
Asset Turnover	0.78	0.78	0.74	0.76	0.78	0.82
Inventory Turnover	2.91	2.91	2.99	3.03	2.83	3.30
Quick Ratio	1.65	1.65	1.91	1.97	1.99	2.00
Current Ratio	2.41	2.41	2.72	2.67	3.00	3.04
Return on Equity (ROE)	16.38%	16.38%	18.33%	18.18%	18.47%	18.00%
Return on Assets (ROA)	7.38%	7.38%	7.60%	8.37%	7.81%	7.66%
Return on Invested Capital (ROIC)	17.02%	17.87%	17.65%	17.97%	17.63%	16.61%
Return on Capital Employed (ROCE)	15.10%	15.10%	14.60%	16.50%	14.30%	13.70%
Earnings Yield	4.53%	3.74%	4.92%	4.83%	3.59%	1.91%
FCF Yield	4.60%	3.80%	3.25%	5.64%	0.27%	-0.02%
Dividend Yield	1.31%	1.14%	1.65%	1.64%	1.13%	0.60%
Payout Ratio	35.26%	35.25%	29.99%	27.68%	27.86%	24.56%
Buyback Yield / Dilution	0.33%	0.33%	-0.96%	0.22%	-0.16%	-0.00%
Total Shareholder Return	1.64%	1.47%	0.68%	1.86%	0.97%	0.60%

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