Western Region Gold 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	May '26 May 7, 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	32,413	24,305	10,507	11,130	11,003	7,898
Market Cap Growth	130.10%	131.32%	-5.59%	1.15%	39.31%	-7.94%
Enterprise Value	37,069	30,336	11,026	10,934	11,087	8,038
Last Close Price	35.58	26.68	11.42	12.03	11.80	12.17
PE Ratio	33.45	51.50	41.43	-	62.01	21.49
PS Ratio	1.64	1.79	1.50	2.49	2.45	1.43
PB Ratio	6.17	5.14	1.76	2.54	2.29	2.03
P/TBV Ratio	38.39	80.51	7.64	4.32	3.76	5.02
P/FCF Ratio	-	-	-	-	131.27	38.09
P/OCF Ratio	283.48	-	29.54	-	29.94	19.12
EV/Sales Ratio	1.88	2.24	1.58	2.45	2.47	1.45
EV/EBITDA Ratio	19.16	23.74	13.80	25.70	14.87	8.22
EV/EBIT Ratio	26.17	38.34	25.48	-	28.82	13.19
EV/FCF Ratio	-46.63	-	-	-	132.26	38.77
Debt / Equity Ratio	1.24	1.34	0.36	0.18	0.03	0.12
Debt / EBITDA Ratio	3.38	4.96	2.64	1.83	0.17	0.48
Debt / FCF Ratio	-	-	-	-	1.55	2.24
Net Debt / Equity Ratio	0.89	1.00	0.16	0.01	-0.12	-0.03
Net Debt / EBITDA Ratio	2.41	3.71	1.17	0.14	-0.75	-0.13
Net Debt / FCF Ratio	-5.86	-3.79	-2.04	-0.25	-6.64	-0.61
Asset Turnover	1.73	1.06	0.77	0.68	0.74	1.28
Inventory Turnover	11.20	8.87	8.55	7.56	6.78	10.14
Quick Ratio	0.63	0.64	1.01	1.11	1.31	0.78
Current Ratio	1.27	1.19	1.53	1.79	1.91	1.31
Return on Equity (ROE)	19.55%	8.66%	4.90%	-5.96%	5.58%	18.73%
Return on Assets (ROA)	7.77%	3.85%	2.99%	-1.21%	3.93%	8.81%
Return on Invested Capital (ROIC)	11.23%	6.94%	5.87%	-2.91%	7.89%	20.18%
Return on Capital Employed (ROCE)	13.70%	8.10%	4.70%	-2.30%	7.10%	13.40%
Earnings Yield	2.99%	1.94%	2.41%	-2.46%	1.61%	4.65%
FCF Yield	-2.45%	-5.15%	-4.35%	-2.23%	0.76%	2.63%
Dividend Yield	0.46%	0.58%	0.44%	-	0.49%	0.29%
Payout Ratio	17.61%	31.26%	25.70%	-	27.22%	65.72%
Buyback Yield / Dilution	0.97%	0.69%	-0.38%	-12.86%	-4.04%	-22.86%
Total Shareholder Return	1.43%	1.28%	0.06%	-12.86%	-3.55%	-22.58%

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