Shanghai M&G Stationery 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 29, 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	22,601	24,921	27,946	34,794	50,963	59,849
Market Cap Growth	-22.68%	-10.82%	-19.68%	-31.73%	-14.85%	-27.13%
Enterprise Value	16,925	19,582	22,741	30,368	47,654	57,576
Last Close Price	24.54	27.06	29.21	35.50	51.40	59.54
PE Ratio	16.91	19.02	20.02	22.79	39.74	39.43
Forward PE	15.02	16.46	15.84	19.21	28.34	36.45
PS Ratio	0.89	0.99	1.15	1.49	2.55	3.40
PB Ratio	2.21	2.52	2.96	4.17	7.03	9.18
P/TBV Ratio	2.48	2.85	3.32	4.75	8.00	10.51
P/FCF Ratio	12.50	13.01	14.26	14.45	42.85	50.75
P/OCF Ratio	10.34	10.92	12.21	13.30	37.70	38.34
EV/Sales Ratio	0.67	0.78	0.94	1.30	2.38	3.27
EV/EBITDA Ratio	8.60	11.48	12.55	15.19	28.51	30.10
EV/EBIT Ratio	11.59	13.28	14.42	17.27	33.41	34.13
EV/FCF Ratio	9.36	10.22	11.60	12.61	40.07	48.82
Debt / Equity Ratio	0.07	0.07	0.08	0.08	0.07	0.08
Debt / EBITDA Ratio	0.34	0.36	0.36	0.29	0.28	0.25
Debt / FCF Ratio	0.37	0.37	0.38	0.27	0.44	0.45
Net Debt / Equity Ratio	-0.61	-0.75	-0.72	-0.72	-0.62	-0.63
Net Debt / EBITDA Ratio	-3.71	-4.33	-3.74	-3.00	-2.67	-2.14
Net Debt / FCF Ratio	-3.48	-3.85	-3.46	-2.49	-3.75	-3.47
Asset Turnover	1.56	1.45	1.52	1.65	1.64	1.67
Inventory Turnover	13.04	12.73	12.58	11.82	10.18	9.44
Quick Ratio	1.93	1.68	1.73	1.61	1.53	1.46
Current Ratio	2.24	1.93	2.01	1.88	1.85	1.83
Return on Equity (ROE)	13.88%	14.10%	16.36%	21.07%	19.68%	25.64%
Return on Assets (ROA)	5.60%	5.32%	6.18%	7.75%	7.29%	9.98%
Return on Invested Capital (ROIC)	36.19%	45.60%	50.31%	56.85%	44.49%	68.38%
Return on Capital Employed (ROCE)	13.70%	14.30%	16.00%	20.00%	18.70%	24.50%
Earnings Yield	5.88%	5.26%	5.00%	4.39%	2.52%	2.54%
FCF Yield	8.00%	7.69%	7.01%	6.92%	2.33%	1.97%
Dividend Yield	4.07%	3.69%	3.42%	2.25%	0.97%	1.01%
Payout Ratio	69.38%	70.37%	53.52%	30.77%	43.92%	31.53%
Buyback Yield / Dilution	0.32%	0.50%	0.05%	0.30%	-0.29%	0.52%
Total Shareholder Return	4.40%	4.20%	3.47%	2.55%	0.69%	1.53%

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