Hwatsing Technology 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	69,633	52,961	38,555	29,832	23,952	-
Market Cap Growth	75.32%	37.36%	29.24%	24.55%	-	-
Enterprise Value	65,578	49,231	34,287	25,880	20,253	-
Last Close Price	197.43	150.08	109.02	84.02	67.36	-
PE Ratio	63.48	48.87	37.67	41.22	47.75	-
Forward PE	41.48	32.35	29.16	33.68	38.55	-
PS Ratio	14.10	11.39	11.32	11.90	14.53	-
PB Ratio	9.02	7.10	5.95	5.41	5.00	-
P/TBV Ratio	10.37	8.22	7.08	5.47	5.08	-
P/FCF Ratio	111.27	91.69	46.30	95.19	-	-
P/OCF Ratio	87.61	66.22	33.39	45.69	954.16	-
PEG Ratio	-	1.16	0.94	-	-	-
EV/Sales Ratio	13.28	10.59	10.07	10.32	12.28	-
EV/EBITDA Ratio	52.95	41.79	34.04	36.40	43.38	-
EV/EBIT Ratio	61.03	47.63	37.30	40.46	48.77	-
EV/FCF Ratio	104.79	85.23	41.17	82.58	-	-
Debt / Equity Ratio	0.03	0.05	0.08	0.12	0.04	0.37
Debt / EBITDA Ratio	0.21	0.33	0.50	0.96	0.42	2.20
Debt / FCF Ratio	0.42	0.68	0.60	2.18	-	1.37
Net Debt / Equity Ratio	-0.52	-0.57	-0.63	-0.71	-0.83	-0.64
Net Debt / EBITDA Ratio	-3.29	-3.60	-4.07	-5.49	-8.49	-3.87
Net Debt / FCF Ratio	-6.48	-7.35	-4.93	-12.46	26.46	-2.42
Asset Turnover	0.39	0.37	0.33	0.30	0.30	0.36
Inventory Turnover	0.76	0.75	0.69	0.60	0.45	0.45
Quick Ratio	1.16	1.21	1.28	1.93	1.86	0.56
Current Ratio	2.13	2.11	2.11	2.92	2.88	1.51
Return on Equity (ROE)	15.19%	15.54%	17.06%	14.04%	17.92%	27.99%
Return on Assets (ROA)	5.33%	5.19%	5.51%	4.72%	4.78%	2.95%
Return on Invested Capital (ROIC)	27.80%	33.45%	42.17%	47.98%	67.04%	35.09%
Return on Capital Employed (ROCE)	12.40%	12.30%	12.20%	9.90%	7.80%	7.60%
Earnings Yield	1.58%	2.05%	2.65%	2.43%	2.09%	-
FCF Yield	0.90%	1.09%	2.16%	1.05%	-0.63%	-
Dividend Yield	0.21%	0.27%	0.50%	0.29%	0.22%	-
Payout Ratio	12.52%	12.79%	9.75%	8.71%	1.12%	2.77%
Buyback Yield / Dilution	-0.05%	-0.03%	-0.14%	-11.39%	-19.62%	-6.29%
Total Shareholder Return	0.15%	0.24%	0.36%	-11.10%	-19.40%	-6.29%

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