Winall Hi-tech Seed 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	7,929	11,179	7,939	10,456	12,531	12,626
Market Cap Growth	-19.36%	40.81%	-24.08%	-16.55%	-0.75%	194.41%
Enterprise Value	9,541	12,359	7,934	10,581	12,013	12,690
Last Close Price	8.37	11.74	8.21	11.19	14.03	14.08
PE Ratio	423.41	97.71	28.99	44.81	74.13	94.61
Forward PE	39.86	74.46	74.46	74.46	74.46	74.46
PS Ratio	1.73	2.37	1.94	3.00	4.97	7.88
PB Ratio	3.43	4.26	3.07	4.77	7.59	14.23
P/TBV Ratio	6.26	7.54	5.41	7.49	11.53	30.97
P/FCF Ratio	-	-	88.02	39.11	41.13	-
P/OCF Ratio	67.90	170.94	27.94	26.30	28.78	-
PEG Ratio	-	5.64	5.64	5.64	5.64	5.64
EV/Sales Ratio	2.08	2.62	1.93	3.03	4.77	7.92
EV/EBITDA Ratio	49.91	35.17	18.56	31.99	42.46	67.88
EV/EBIT Ratio	199.48	51.39	23.88	42.04	52.59	86.80
EV/FCF Ratio	-66.79	-	87.97	39.58	39.43	-
Debt / Equity Ratio	1.01	0.83	0.57	0.56	0.38	0.56
Debt / EBITDA Ratio	12.27	5.83	3.27	3.49	2.15	2.65
Debt / FCF Ratio	-	-	16.39	4.61	2.04	-
Net Debt / Equity Ratio	0.45	0.12	-0.02	-0.06	-0.39	-0.02
Net Debt / EBITDA Ratio	6.11	0.91	-0.13	-0.38	-2.26	-0.08
Net Debt / FCF Ratio	-7.30	-2.06	-0.64	-0.47	-2.10	0.11
Asset Turnover	0.61	0.66	0.70	0.81	0.84	0.76
Inventory Turnover	1.20	1.37	1.57	2.03	1.91	1.40
Quick Ratio	0.47	0.55	0.65	0.79	1.09	0.49
Current Ratio	1.31	1.34	1.55	1.58	1.97	1.20
Return on Equity (ROE)	1.42%	6.48%	15.23%	15.99%	16.74%	19.18%
Return on Assets (ROA)	0.40%	2.09%	3.52%	3.65%	4.75%	4.35%
Return on Invested Capital (ROIC)	1.24%	8.61%	14.47%	16.35%	24.19%	23.91%
Return on Capital Employed (ROCE)	1.40%	7.40%	9.60%	9.20%	10.60%	15.50%
Earnings Yield	0.24%	1.02%	3.45%	2.23%	1.35%	1.06%
FCF Yield	-1.80%	-1.39%	1.14%	2.56%	2.43%	-1.11%
Dividend Yield	0.60%	0.43%	1.22%	0.64%	0.34%	0.51%
Payout Ratio	571.01%	125.96%	33.34%	32.00%	38.95%	29.52%
Buyback Yield / Dilution	-0.16%	-	-1.50%	-2.53%	-3.96%	2.97%
Total Shareholder Return	0.44%	0.43%	-0.28%	-1.89%	-3.62%	3.48%

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