SWS Hemodialysis Care 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 27, 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	5,667	4,742	3,554	6,297	3,657	-
Market Cap Growth	38.15%	33.42%	-43.55%	72.17%	-	-
Enterprise Value	4,217	3,302	2,178	4,859	3,479	-
Last Close Price	17.89	14.97	11.08	19.23	11.13	-
PE Ratio	34.84	32.51	50.14	32.38	61.74	-
Forward PE	27.52	32.19	16.23	-	-	-
PS Ratio	6.69	5.88	6.27	9.12	9.57	-
PB Ratio	3.09	2.67	2.12	3.71	2.41	-
P/TBV Ratio	3.29	2.84	2.26	4.00	2.45	-
P/FCF Ratio	52.48	31.23	59.27	-	15.70	-
P/OCF Ratio	18.79	15.40	24.83	97.55	14.88	-
PEG Ratio	-	0.09	0.09	-	-	-
EV/Sales Ratio	4.98	4.09	3.84	7.04	9.11	-
EV/EBITDA Ratio	18.59	16.24	42.80	24.79	54.41	-
EV/EBIT Ratio	20.65	18.03	67.72	27.02	70.08	-
EV/FCF Ratio	39.05	21.74	36.31	-	14.94	-
Debt / Equity Ratio	0.00	0.00	0.00	0.00	0.01	0.08
Debt / EBITDA Ratio	0.01	0.01	0.05	0.03	0.33	0.87
Debt / FCF Ratio	0.02	0.01	0.04	-	0.09	6.73
Net Debt / Equity Ratio	-0.79	-0.85	-0.83	-0.82	-0.96	-0.36
Net Debt / EBITDA Ratio	-6.45	-7.43	-27.37	-7.08	-22.69	-4.24
Net Debt / FCF Ratio	-13.43	-9.95	-23.22	28.95	-6.23	-29.88
Asset Turnover	0.38	0.37	0.29	0.36	0.31	0.49
Inventory Turnover	2.40	2.38	2.13	2.52	2.22	2.44
Quick Ratio	3.61	3.58	6.51	11.06	5.09	4.68
Current Ratio	4.12	4.04	7.23	12.21	5.55	5.76
Return on Equity (ROE)	9.11%	8.34%	3.79%	11.97%	5.97%	4.78%
Return on Assets (ROA)	5.77%	5.25%	1.02%	5.82%	2.50%	2.09%
Return on Invested Capital (ROIC)	54.46%	58.03%	10.16%	84.54%	28.38%	6.69%
Return on Capital Employed (ROCE)	10.50%	9.70%	1.80%	10.00%	3.10%	3.90%
Earnings Yield	2.88%	3.08%	1.99%	3.09%	1.62%	-
FCF Yield	1.91%	3.20%	1.69%	-0.76%	6.37%	-
Dividend Yield	0.56%	-	0.90%	1.40%	-	-
Payout Ratio	19.57%	21.91%	60.84%	14.97%	1.26%	9.14%
Buyback Yield / Dilution	0.26%	0.57%	0.49%	-0.03%	-33.29%	-10.47%
Total Shareholder Return	0.84%	0.57%	1.40%	1.37%	-33.29%	-10.47%

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