S.F. Holding 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 26, 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	175,656	191,108	198,647	195,704	280,506	337,377
Market Cap Growth	-17.93%	-3.79%	1.50%	-30.23%	-16.86%	-15.88%
Enterprise Value	194,484	210,322	224,598	220,529	309,577	383,918
Last Close Price	35.73	37.86	39.01	37.29	53.06	63.08
PE Ratio	15.74	17.19	19.53	23.77	45.44	79.03
Forward PE	14.42	15.64	17.37	19.24	27.12	48.06
PS Ratio	0.56	0.62	0.70	0.76	1.05	1.63
PB Ratio	1.57	1.73	1.94	1.90	2.85	3.45
P/TBV Ratio	2.31	2.57	3.04	3.01	4.86	5.89
P/FCF Ratio	10.71	10.59	8.70	13.88	15.15	-
P/OCF Ratio	6.54	6.94	6.17	7.37	8.58	21.97
PEG Ratio	1.25	1.72	0.83	0.69	0.36	3.17
EV/Sales Ratio	0.62	0.68	0.79	0.85	1.16	1.85
EV/EBITDA Ratio	6.49	8.91	8.84	10.53	15.25	33.02
EV/EBIT Ratio	13.01	14.34	15.29	20.70	27.83	69.94
EV/FCF Ratio	11.86	11.65	9.83	15.64	16.72	-
Debt / Equity Ratio	0.45	0.44	0.56	0.64	0.65	0.62
Debt / EBITDA Ratio	1.68	1.61	1.78	2.35	2.32	3.55
Debt / FCF Ratio	3.07	2.69	2.49	4.65	3.44	-
Net Debt / Equity Ratio	0.07	0.05	0.11	0.16	0.16	0.15
Net Debt / EBITDA Ratio	0.33	0.24	0.46	0.80	0.75	1.30
Net Debt / FCF Ratio	0.47	0.32	0.51	1.19	0.83	-3.94
Asset Turnover	1.48	1.43	1.31	1.18	1.25	1.29
Inventory Turnover	102.96	97.66	100.48	102.66	133.94	143.28
Quick Ratio	1.12	1.08	1.07	1.05	1.00	1.05
Current Ratio	1.28	1.25	1.23	1.23	1.17	1.24
Return on Equity (ROE)	11.07%	10.99%	9.94%	7.85%	7.14%	5.07%
Return on Assets (ROA)	4.42%	4.26%	4.22%	3.04%	3.26%	2.14%
Return on Invested Capital (ROIC)	9.96%	9.99%	9.42%	6.88%	6.27%	3.59%
Return on Capital Employed (ROCE)	10.40%	10.20%	10.40%	7.20%	8.00%	4.10%
Earnings Yield	6.49%	5.82%	5.12%	4.21%	2.20%	1.26%
FCF Yield	9.34%	9.45%	11.50%	7.20%	6.60%	-1.14%
Dividend Yield	2.48%	2.35%	2.15%	1.61%	0.47%	0.29%
Payout Ratio	48.54%	51.03%	112.30%	36.84%	59.74%	55.74%
Buyback Yield / Dilution	-4.14%	-4.03%	0.55%	0.39%	-5.87%	-1.28%
Total Shareholder Return	-1.66%	-1.68%	2.70%	1.99%	-5.39%	-1.00%

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