Liqun Commercial Group 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 13, 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	3,833	4,551	4,639	5,319	5,327	5,826
Market Cap Growth	-11.68%	-1.91%	-12.79%	-0.14%	-8.57%	20.26%
Enterprise Value	10,235	11,324	11,503	12,625	10,879	8,844
Last Close Price	4.48	5.04	5.40	6.08	5.86	6.59
PE Ratio	252.82	167.07	155.79	-	66.41	40.77
Forward PE	-	36.19	36.19	36.19	39.94	38.67
PS Ratio	0.53	0.61	0.60	0.68	0.66	0.69
PB Ratio	0.93	1.05	1.10	1.25	1.18	1.22
P/TBV Ratio	1.22	1.38	1.47	1.76	1.63	1.65
P/FCF Ratio	6.11	7.56	4.86	-	-	-
P/OCF Ratio	4.67	5.46	3.47	9.26	8.47	10.16
EV/Sales Ratio	1.43	1.52	1.49	1.61	1.35	1.05
EV/EBITDA Ratio	9.98	14.35	15.56	21.60	19.17	14.55
EV/EBIT Ratio	30.94	30.99	36.17	69.96	50.20	31.27
EV/FCF Ratio	16.32	18.82	12.04	-	-	-
Debt / Equity Ratio	1.84	1.77	1.87	1.96	1.70	0.90
Debt / EBITDA Ratio	7.42	7.28	7.62	9.63	8.64	7.03
Debt / FCF Ratio	12.14	12.80	8.26	-	-	-
Net Debt / Equity Ratio	1.54	1.56	1.70	1.79	1.54	0.71
Net Debt / EBITDA Ratio	8.44	8.59	9.72	13.02	12.24	5.58
Net Debt / FCF Ratio	10.18	11.26	7.52	-49.96	-21.31	-4.95
Asset Turnover	0.45	0.45	0.45	0.45	0.54	0.67
Inventory Turnover	2.04	1.95	2.06	2.53	3.23	3.24
Quick Ratio	0.19	0.18	0.16	0.18	0.22	0.19
Current Ratio	0.53	0.61	0.59	0.56	0.57	0.64
Return on Equity (ROE)	0.09%	0.43%	0.55%	-3.95%	1.72%	3.02%
Return on Assets (ROA)	1.30%	1.39%	1.16%	0.65%	0.90%	1.41%
Return on Invested Capital (ROIC)	0.27%	0.78%	0.84%	1.55%	0.70%	2.47%
Return on Capital Employed (ROCE)	5.40%	4.60%	3.70%	2.00%	2.40%	4.10%
Earnings Yield	0.40%	0.60%	0.64%	-3.25%	1.51%	2.45%
FCF Yield	16.36%	13.23%	20.60%	-2.86%	-6.12%	-11.78%
Dividend Yield	0.45%	0.40%	0.56%	1.65%	2.56%	-
Payout Ratio	1261.04%	738.62%	898.83%	-	161.97%	150.78%
Buyback Yield / Dilution	15.55%	8.52%	-72.28%	13.82%	-5.26%	-10.47%
Total Shareholder Return	16.00%	8.92%	-71.73%	15.46%	-2.71%	-10.47%

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