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 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jul '26 Jul 16, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Jan '23 Jan 1, 2023	Dec '21 Dec 31, 2021
Market Capitalization	4,705	7,058	5,983	5,827	8,289	4,877
Market Cap Growth	-44.18%	17.97%	2.67%	-29.70%	69.97%	-39.11%
Enterprise Value	4,604	6,776	5,671	5,505	8,118	5,272
Last Close Price	3.02	4.53	3.84	3.74	5.32	3.13
PE Ratio	-	-	-	-	461.79	7.24
Forward PE	-	5.68	5.68	5.68	5.68	5.68
PS Ratio	0.86	1.30	1.05	0.88	1.14	0.55
PB Ratio	7.42	15.90	7.10	4.35	5.72	3.35
P/TBV Ratio	-	-	-	-	392.92	1759.37
P/FCF Ratio	-	17.56	78.53	-	-	-
P/OCF Ratio	-	17.48	77.60	-	-	-
PEG Ratio	-	0.38	0.38	0.38	0.38	0.38
EV/Sales Ratio	0.84	1.25	0.99	0.83	1.12	0.60
EV/EBITDA Ratio	35.05	49.22	51.21	35.45	58.31	-
EV/EBIT Ratio	38.84	50.41	53.99	37.53	72.82	-
EV/FCF Ratio	-	16.86	74.44	-	-	-
Debt / Equity Ratio	0.04	1.44	0.81	0.57	0.45	0.26
Debt / EBITDA Ratio	0.17	4.32	5.59	4.41	4.14	-
Debt / FCF Ratio	-	1.59	8.99	-	-	-
Net Debt / Equity Ratio	-0.14	0.74	0.64	0.35	0.08	-0.10
Net Debt / EBITDA Ratio	-0.76	2.40	4.88	2.98	0.87	0.91
Net Debt / FCF Ratio	0.38	0.82	7.09	-3.78	-1.12	0.51
Asset Turnover	1.75	1.84	1.67	1.71	1.88	1.78
Inventory Turnover	30.35	19.73	11.63	12.47	15.96	7.23
Quick Ratio	0.72	0.66	0.66	0.67	0.75	0.83
Current Ratio	0.93	0.80	0.94	1.02	1.07	1.11
Return on Equity (ROE)	-34.72%	-65.01%	-44.01%	-0.90%	0.98%	54.57%
Return on Assets (ROA)	2.37%	2.84%	1.92%	2.37%	1.80%	-2.95%
Return on Invested Capital (ROIC)	18.01%	12.46%	6.59%	-3.51%	1.66%	-11.80%
Return on Capital Employed (ROCE)	9.40%	13.20%	7.40%	8.00%	5.60%	-11.10%
Earnings Yield	-5.45%	-5.92%	-8.00%	-0.17%	0.22%	13.81%
FCF Yield	-5.10%	5.69%	1.27%	-2.10%	-1.31%	-5.89%
Payout Ratio	-	-	-	-	715.56%	21.36%
Buyback Yield / Dilution	0.68%	0.41%	1.13%	-0.12%	-0.19%	0.01%
Total Shareholder Return	0.68%	0.41%	1.13%	-0.12%	-0.19%	0.01%