iRay 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 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Apr '26 Apr 15, 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	23,498	21,355	13,656	33,157	33,284	36,049
Market Cap Growth	44.61%	56.38%	-58.81%	-0.38%	-7.67%	189.42%
Enterprise Value	24,610	21,745	14,981	32,413	31,687	33,845
Last Close Price	111.18	101.11	67.69	162.83	162.42	175.18
PE Ratio	35.98	32.85	29.36	54.58	51.90	74.47
Forward PE	28.33	27.45	15.64	38.90	42.06	67.93
PS Ratio	10.44	9.49	7.46	17.79	21.49	30.36
PB Ratio	3.52	3.20	2.94	7.62	8.53	11.72
P/TBV Ratio	4.04	3.67	3.15	8.14	9.19	12.00
P/FCF Ratio	-	-	-	-	-	640.19
P/OCF Ratio	18.05	16.40	37.89	97.43	105.12	145.35
EV/Sales Ratio	10.93	9.66	8.18	17.39	20.45	28.51
EV/EBITDA Ratio	30.43	26.75	28.75	48.23	61.04	83.50
EV/EBIT Ratio	37.18	32.43	31.65	50.55	64.61	88.78
EV/FCF Ratio	-64.01	-	-	-	-	601.05
Debt / Equity Ratio	0.65	0.65	0.77	0.48	0.37	0.02
Debt / EBITDA Ratio	5.21	5.21	6.54	3.01	2.69	0.17
Debt / FCF Ratio	-	-	-	-	-	1.22
Net Debt / Equity Ratio	0.10	0.10	0.29	-0.01	-0.49	-0.71
Net Debt / EBITDA Ratio	0.79	0.79	2.60	-0.08	-3.70	-5.41
Net Debt / FCF Ratio	-1.68	-1.68	-1.25	0.04	4.80	-38.93
Asset Turnover	0.21	0.21	0.22	0.28	0.33	0.37
Inventory Turnover	1.35	1.35	1.16	1.12	1.34	2.11
Quick Ratio	2.16	2.16	3.39	2.09	7.35	7.11
Current Ratio	2.60	2.60	4.39	2.72	8.66	8.09
Return on Equity (ROE)	11.18%	11.18%	10.01%	14.65%	18.30%	16.97%
Return on Assets (ROA)	3.83%	3.83%	3.56%	6.01%	6.55%	7.41%
Return on Invested Capital (ROIC)	8.97%	9.29%	8.16%	18.03%	30.85%	52.42%
Return on Capital Employed (ROCE)	6.30%	6.30%	5.80%	10.40%	9.30%	12.10%
Earnings Yield	2.77%	3.04%	3.41%	1.83%	1.93%	1.34%
FCF Yield	-1.64%	-1.80%	-7.92%	-4.56%	-1.20%	0.16%
Dividend Yield	0.94%	-	1.05%	0.63%	0.65%	0.46%
Payout Ratio	33.13%	33.13%	55.38%	36.08%	25.17%	15.02%
Buyback Yield / Dilution	-3.10%	-1.10%	-2.26%	-1.98%	-0.19%	-23.10%
Total Shareholder Return	-2.17%	-1.10%	-1.21%	-1.35%	0.46%	-22.64%

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.