Western Mining 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 19, 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	72,086	65,866	38,295	34,005	24,307	32,433
Market Cap Growth	102.34%	72.00%	12.61%	39.90%	-25.05%	9.93%
Enterprise Value	99,733	87,149	58,574	55,579	43,793	54,279
Last Close Price	30.25	27.61	15.08	13.04	8.31	10.90
PE Ratio	16.28	18.08	13.06	12.19	7.11	11.06
Forward PE	13.40	15.25	9.14	9.27	7.08	10.01
PS Ratio	1.13	1.07	0.77	0.80	0.60	0.84
PB Ratio	2.60	2.61	1.68	1.67	1.18	1.78
P/TBV Ratio	13.28	5.29	3.50	3.85	2.43	4.42
P/FCF Ratio	1221.11	9.19	7.73	10.15	2.89	6.65
P/OCF Ratio	6.16	6.45	4.64	5.45	2.36	4.08
EV/Sales Ratio	1.56	1.41	1.17	1.30	1.09	1.41
EV/EBITDA Ratio	8.06	7.90	6.30	7.39	5.83	6.70
EV/EBIT Ratio	9.92	9.94	8.13	10.09	7.62	8.67
EV/FCF Ratio	1689.45	12.16	11.82	16.59	5.21	11.12
Debt / Equity Ratio	1.00	0.96	0.95	1.13	1.03	1.31
Debt / EBITDA Ratio	2.23	2.20	2.31	3.02	2.82	2.91
Debt / FCF Ratio	467.69	3.38	4.38	6.87	2.53	4.89
Net Debt / Equity Ratio	0.72	0.59	0.76	0.86	0.71	0.91
Net Debt / EBITDA Ratio	1.61	1.34	1.85	2.33	1.96	2.06
Net Debt / FCF Ratio	336.82	2.07	3.48	5.24	1.75	3.42
Asset Turnover	1.03	1.08	0.94	0.81	0.78	0.78
Inventory Turnover	9.61	9.67	9.72	10.49	9.69	9.48
Quick Ratio	0.53	0.66	0.40	0.42	0.41	0.49
Current Ratio	1.09	1.24	0.93	0.74	0.78	0.84
Return on Equity (ROE)	27.45%	25.63%	24.56%	20.65%	25.85%	26.55%
Return on Assets (ROA)	10.12%	9.59%	8.42%	6.52%	6.94%	7.91%
Return on Invested Capital (ROIC)	20.07%	19.07%	16.35%	13.49%	14.66%	17.53%
Return on Capital Employed (ROCE)	19.90%	20.00%	17.70%	15.00%	17.10%	19.30%
Earnings Yield	6.13%	5.53%	7.66%	8.20%	14.06%	9.04%
FCF Yield	0.08%	10.88%	12.94%	9.85%	34.57%	15.05%
Dividend Yield	3.51%	0.36%	6.63%	3.84%	16.85%	1.84%
Payout Ratio	68.04%	80.63%	63.21%	143.34%	36.52%	40.59%
Buyback Yield / Dilution	0.18%	0.11%	0.03%	0.24%	-0.26%	0.11%
Total Shareholder Return	3.69%	0.47%	6.66%	4.08%	16.60%	1.95%

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