Zhongtai Securities 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	Mar '26 Mar 2, 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	49,965	45,784	47,805	44,669	69,477	128,920
Market Cap Growth	13.81%	-4.23%	7.02%	-35.71%	-46.11%	-
Last Close Price	6.31	6.54	6.79	6.32	9.75	17.89
PE Ratio	29.00	48.85	26.56	75.68	21.71	51.05
PS Ratio	4.07	4.26	3.81	4.87	5.36	12.55
PB Ratio	1.09	1.01	1.13	1.13	1.87	3.74
P/FCF Ratio	12.04	1.68	-	3.01	-	66.50
P/OCF Ratio	10.91	1.65	-	2.70	30.58	60.00
Debt / Equity Ratio	2.04	2.03	2.05	2.26	2.74	2.42
Debt / FCF Ratio	22.65	3.37	-	6.05	-	42.98
Net Debt / Equity Ratio	-0.56	-0.35	-0.13	-0.13	-0.28	-0.27
Net Debt / FCF Ratio	-6.18	-0.57	3.35	-0.36	47.06	-4.79
Asset Turnover	0.06	0.05	0.06	0.05	0.07	0.06
Quick Ratio	1.13	1.03	1.25	1.15	1.25	1.25
Current Ratio	1.32	1.24	1.53	1.44	1.43	1.43
Return on Equity (ROE)	4.30%	2.47%	5.03%	1.83%	9.22%	7.43%
Return on Assets (ROA)	0.87%	0.51%	1.04%	0.35%	1.74%	1.61%
Return on Invested Capital (ROIC)	1.47%	0.88%	1.80%	0.75%	2.90%	2.60%
Earnings Yield	3.47%	2.05%	3.77%	1.32%	4.61%	1.96%
FCF Yield	8.31%	59.64%	-3.48%	33.18%	-0.32%	1.50%
Dividend Yield	0.79%	0.53%	0.44%	0.41%	0.65%	0.61%
Payout Ratio	93.09%	257.43%	131.70%	442.85%	84.73%	86.31%
Buyback Yield / Dilution	4.18%	-13.62%	-1.65%	-6.05%	0.83%	6.45%
Total Shareholder Return	4.96%	-13.09%	-1.21%	-5.64%	1.47%	7.06%

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Capital Markets template. Financial Sources.