Western Securities 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	Apr '26 Apr 9, 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	32,494	35,216	36,427	28,471	27,220	36,070
Market Cap Growth	-10.25%	-3.32%	27.94%	4.60%	-24.54%	1.58%
Last Close Price	7.28	7.89	8.02	6.17	5.86	7.64
PE Ratio	18.55	20.08	25.96	24.42	63.22	25.58
PS Ratio	5.46	5.92	5.45	4.15	5.15	5.35
PB Ratio	1.01	1.10	1.25	1.01	1.00	1.33
P/FCF Ratio	15.70	17.01	3.06	1459.60	-	-
P/OCF Ratio	14.64	15.87	3.01	113.56	-	-
Debt / Equity Ratio	1.47	1.47	1.31	1.71	1.87	1.45
Debt / FCF Ratio	22.76	22.76	3.19	2465.30	-	-
Net Debt / Equity Ratio	-0.51	-0.51	-1.32	-1.06	-1.07	-1.09
Net Debt / FCF Ratio	-7.90	-7.90	-3.23	-1533.73	5.90	2.13
Asset Turnover	0.06	0.06	0.07	0.07	0.06	0.09
Quick Ratio	1.23	1.23	1.93	1.91	1.74	1.57
Current Ratio	1.71	1.71	2.08	2.03	1.84	1.67
Return on Equity (ROE)	5.94%	5.94%	5.00%	4.33%	1.69%	5.35%
Return on Assets (ROA)	1.67%	1.67%	1.49%	1.25%	0.51%	1.91%
Return on Invested Capital (ROIC)	2.30%	2.45%	1.97%	1.54%	0.63%	2.31%
Earnings Yield	5.40%	4.98%	3.85%	4.09%	1.58%	3.91%
FCF Yield	6.37%	5.88%	32.66%	0.07%	-18.16%	-38.58%
Dividend Yield	1.65%	1.52%	1.25%	1.46%	0.84%	1.40%
Payout Ratio	63.24%	63.24%	79.32%	65.72%	217.89%	44.08%
Buyback Yield / Dilution	-0.00%	-0.00%	0.02%	0.02%	-0.04%	-27.63%
Total Shareholder Return	1.65%	1.52%	1.26%	1.48%	0.80%	-26.23%

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