Xiamen Changelight 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 26, 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	33,763	9,203	6,712	5,711	6,359	4,231
Market Cap Growth	245.51%	37.12%	17.53%	-10.20%	50.31%	25.90%
Enterprise Value	33,860	9,620	6,621	4,969	8,603	6,443
Last Close Price	37.55	10.31	7.32	6.29	8.93	5.94
PE Ratio	246.66	95.78	212.35	-	34.04	-
Forward PE	-	6.20	6.20	6.20	6.20	6.20
PS Ratio	10.22	3.78	2.81	3.36	3.38	3.22
PB Ratio	7.97	2.24	1.61	1.40	2.46	1.80
P/TBV Ratio	8.25	2.33	1.68	1.46	2.64	1.94
P/FCF Ratio	82.72	31.67	297.16	22.74	16.95	-
P/OCF Ratio	64.17	16.86	24.80	12.05	11.52	34.17
EV/Sales Ratio	10.25	3.95	2.77	2.93	4.58	4.90
EV/EBITDA Ratio	70.91	20.10	16.35	14.45	14.20	49.49
EV/EBIT Ratio	-	143.52	-	-	39.78	-
EV/FCF Ratio	82.96	33.11	293.14	19.78	22.93	-
Debt / Equity Ratio	0.24	0.35	0.35	0.35	0.59	1.17
Debt / EBITDA Ratio	2.14	2.94	3.62	4.11	2.50	21.20
Debt / FCF Ratio	2.51	4.95	65.18	5.69	4.06	-
Net Debt / Equity Ratio	0.02	0.06	0.07	-0.04	0.42	0.96
Net Debt / EBITDA Ratio	0.21	0.54	0.69	-0.54	1.81	17.27
Net Debt / FCF Ratio	0.24	0.88	12.38	-0.74	2.92	-19.85
Asset Turnover	0.51	0.37	0.35	0.26	0.31	0.20
Inventory Turnover	4.65	3.94	4.28	2.98	3.40	3.24
Quick Ratio	1.13	1.17	1.55	1.47	0.67	0.66
Current Ratio	1.61	1.50	1.89	1.78	0.95	0.92
Return on Equity (ROE)	3.26%	2.32%	0.77%	-1.54%	7.52%	-10.00%
Return on Assets (ROA)	0.57%	0.63%	-0.09%	-0.43%	2.20%	-2.40%
Return on Invested Capital (ROIC)	1.34%	1.52%	-0.24%	-1.19%	4.77%	-5.46%
Return on Capital Employed (ROCE)	1.30%	1.40%	-0.20%	-0.90%	5.90%	-6.70%
Earnings Yield	0.40%	1.04%	0.47%	-0.88%	2.94%	-5.84%
FCF Yield	1.21%	3.16%	0.34%	4.40%	5.90%	-2.68%
Dividend Yield	0.12%	0.45%	-	-	0.17%	-
Payout Ratio	47.47%	42.45%	197.53%	-	54.15%	-
Buyback Yield / Dilution	21.50%	8.80%	-25.55%	-16.78%	-1.87%	-0.79%
Total Shareholder Return	21.62%	9.25%	-25.55%	-16.78%	-1.70%	-0.79%

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