Zhejiang Hailiang Ratios and Metrics

Market cap in millions CNY. Fiscal year is January - December.

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	Current	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Feb '26 Feb 12, 2026	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Jan '23 Jan 1, 2023	Jan '22 Jan 1, 2022	Dec '20 Dec 31, 2020
Market Capitalization	31,221	21,140	22,244	22,224	23,991	14,155
Market Cap Growth	47.55%	-4.96%	0.09%	-7.36%	69.48%	-29.26%
Enterprise Value	48,194	40,571	35,994	31,211	30,685	17,609
Last Close Price	14.12	10.48	10.64	10.71	11.71	6.91
PE Ratio	35.27	30.06	19.89	18.39	21.67	20.89
Forward PE	26.64	13.60	13.60	13.60	13.60	13.60
PS Ratio	0.37	0.24	0.29	0.30	0.38	0.30
PB Ratio	1.61	1.25	1.32	1.66	2.05	1.39
P/TBV Ratio	2.02	1.63	1.73	1.94	2.41	1.60
P/FCF Ratio	287.74	-	-	-	-	-
P/OCF Ratio	27.76	-	-	25.54	-	20.13
EV/Sales Ratio	0.57	0.46	0.48	0.42	0.49	0.38
EV/EBITDA Ratio	18.23	19.77	16.53	15.59	18.33	18.47
EV/EBIT Ratio	30.09	32.38	21.80	19.50	23.39	30.34
EV/FCF Ratio	444.16	-	-	-	-	-
Debt / Equity Ratio	1.18	1.31	1.09	1.03	0.99	0.81
Debt / EBITDA Ratio	8.62	10.66	8.33	6.75	6.81	8.71
Debt / FCF Ratio	209.85	-	-	-	-	-
Net Debt / Equity Ratio	0.75	0.93	0.63	0.65	0.58	0.36
Net Debt / EBITDA Ratio	5.54	7.63	4.88	4.31	4.08	3.83
Net Debt / FCF Ratio	133.04	-4.38	-3.54	-5.07	-1.66	-37.62
Asset Turnover	1.82	2.06	2.05	2.25	2.17	1.84
Inventory Turnover	9.26	10.68	10.42	9.69	9.44	9.54
Quick Ratio	0.83	0.75	0.99	0.82	0.77	0.87
Current Ratio	1.42	1.22	1.58	1.44	1.37	1.52
Return on Equity (ROE)	4.09%	3.62%	7.69%	9.76%	10.32%	7.01%
Return on Assets (ROA)	2.16%	1.85%	2.79%	3.05%	2.82%	1.43%
Return on Invested Capital (ROIC)	3.46%	3.87%	5.64%	6.43%	6.35%	3.40%
Return on Capital Employed (ROCE)	6.20%	5.60%	6.40%	8.00%	7.80%	3.80%
Earnings Yield	2.40%	3.33%	5.03%	5.44%	4.61%	4.79%
FCF Yield	0.35%	-16.91%	-13.48%	-7.66%	-17.13%	-0.69%
Dividend Yield	1.42%	1.72%	1.60%	0.75%	0.64%	1.08%
Payout Ratio	116.29%	135.10%	57.97%	40.18%	31.42%	43.33%
Buyback Yield / Dilution	13.16%	8.35%	-8.87%	5.42%	-2.63%	-5.17%
Total Shareholder Return	14.57%	10.06%	-7.27%	6.17%	-1.99%	-4.09%

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.