HCIG Energy Investment 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 13, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Jan '23 Jan 1, 2023	Jan '22 Jan 1, 2022
Market Capitalization	18,141	15,382	10,241	8,976	9,406	9,119
Market Cap Growth	76.83%	50.20%	14.09%	-4.57%	3.14%	-9.27%
Enterprise Value	41,743	42,828	34,505	31,604	29,128	27,802
PE Ratio	8.97	8.19	19.28	47.59	88.33	-
PS Ratio	0.81	0.68	0.44	0.46	0.51	0.61
PB Ratio	0.84	0.74	0.58	0.66	0.76	0.75
P/FCF Ratio	10.47	13.36	20.55	-	21.18	-
P/OCF Ratio	3.13	2.84	2.72	4.17	4.92	61.55
EV/Sales Ratio	1.86	1.88	1.47	1.61	1.59	1.85
EV/EBITDA Ratio	7.69	8.13	11.49	16.85	15.82	-
EV/EBIT Ratio	11.68	12.39	29.60	71.53	54.78	-
EV/FCF Ratio	24.10	37.20	69.25	-	65.58	-
Debt / Equity Ratio	0.88	1.12	1.32	1.76	1.52	1.72
Debt / EBITDA Ratio	3.52	4.38	7.47	12.20	9.94	-
Debt / FCF Ratio	11.02	20.21	46.56	-	42.58	-
Net Debt / Equity Ratio	0.71	0.96	1.20	1.65	1.42	1.42
Net Debt / EBITDA Ratio	2.86	3.80	7.03	11.87	9.58	-29.38
Net Debt / FCF Ratio	8.90	17.41	42.38	-25.54	39.72	-12.41
Quick Ratio	0.47	0.39	0.47	0.48	0.57	0.76
Current Ratio	0.59	0.52	0.68	0.76	0.80	1.01
Asset Turnover	0.46	0.47	0.52	0.49	0.49	0.41
Return on Equity (ROE)	15.55%	15.09%	4.47%	1.65%	1.27%	-19.84%
Return on Assets (ROA)	4.57%	4.41%	1.62%	0.69%	0.89%	-3.56%
Return on Capital Employed (ROCE)	9.70%	10.20%	3.30%	1.30%	1.90%	-7.20%
Earnings Yield	11.21%	12.21%	5.19%	2.10%	1.13%	-24.24%
FCF Yield	9.55%	7.49%	4.87%	-9.71%	4.72%	-15.18%
Dividend Yield	2.00%	-	2.36%	1.67%	0.60%	-
Payout Ratio	46.85%	41.74%	167.97%	433.94%	729.81%	-
Buyback Yield / Dilution	-0.94%	-0.88%	-0.13%	0.74%	-0.77%	-0.04%
Total Shareholder Return	1.06%	-0.88%	2.24%	2.40%	-0.17%	-0.04%

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