Global Top E-Commerce 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	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Market Capitalization	6,170	5,983	5,827	8,289	4,877	8,008
Market Cap Growth	-23.55%	2.67%	-29.70%	69.97%	-39.11%	-33.42%
Enterprise Value	5,888	5,671	5,505	8,118	5,272	10,071
Last Close Price	3.96	3.84	3.74	5.32	3.13	5.14
PE Ratio	-	-	-	461.79	7.24	-
Forward PE	-	5.68	5.68	5.68	5.68	21.87
PS Ratio	1.11	1.05	0.88	1.14	0.55	0.49
PB Ratio	7.32	7.10	4.35	5.72	3.35	7.82
P/TBV Ratio	-	-	-	392.92	1759.37	-
P/FCF Ratio	-	78.53	-	-	-	-
P/OCF Ratio	-	77.60	-	-	-	-
EV/Sales Ratio	1.06	0.99	0.83	1.12	0.60	0.61
EV/EBITDA Ratio	47.04	52.14	35.45	58.31	-	38.12
EV/EBIT Ratio	52.49	54.36	37.53	72.82	-	60.65
EV/FCF Ratio	-156.31	74.44	-	-	-	-
Debt / Equity Ratio	0.02	0.81	0.57	0.45	0.26	1.90
Debt / EBITDA Ratio	0.12	5.69	4.41	4.14	-	7.35
Debt / FCF Ratio	-	8.99	-	-	-	-
Asset Turnover	1.51	1.67	1.71	1.88	1.78	1.97
Inventory Turnover	22.72	11.63	12.47	15.96	7.23	4.64
Quick Ratio	0.68	0.66	0.67	0.75	0.83	0.38
Current Ratio	0.95	0.94	1.02	1.07	1.11	0.76
Return on Equity (ROE)	-44.27%	-44.01%	-0.90%	0.98%	54.57%	-73.82%
Return on Assets (ROA)	1.91%	1.90%	2.37%	1.80%	-2.95%	1.24%
Return on Invested Capital (ROIC)	11.36%	6.55%	-3.51%	1.66%	-11.80%	3.97%
Return on Capital Employed (ROCE)	7.90%	7.40%	8.00%	5.60%	-11.10%	12.20%
Earnings Yield	-7.75%	-8.00%	-0.17%	0.22%	13.81%	-25.72%
FCF Yield	-0.61%	1.27%	-2.10%	-1.31%	-5.89%	-2.66%
Payout Ratio	-	-	-	715.56%	21.36%	-
Buyback Yield / Dilution	2.03%	1.13%	-0.12%	-0.19%	0.01%	-0.12%
Total Shareholder Return	2.03%	1.13%	-0.12%	-0.19%	0.01%	-0.12%

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