T&S Communications 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	Mar '26 Mar 19, 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	26,508	16,173	8,799	3,227	4,005	3,924
Market Cap Growth	1.06%	83.80%	172.71%	-19.44%	2.08%	-37.35%
Enterprise Value	25,788	15,434	8,198	2,761	3,370	3,355
Last Close Price	119.16	72.06	38.08	13.96	17.00	15.86
PE Ratio	72.18	61.90	56.74	17.92	55.82	51.89
Forward PE	43.81	27.53	27.53	27.53	27.53	28.20
PS Ratio	15.81	11.74	9.95	3.46	6.20	6.84
PB Ratio	15.67	10.37	6.41	2.44	3.34	3.05
P/TBV Ratio	16.41	10.81	6.69	2.56	3.54	3.22
P/FCF Ratio	216.62	126.91	83.92	40.00	88.97	-
P/OCF Ratio	158.30	88.03	76.52	30.68	57.94	889.65
EV/Sales Ratio	15.38	11.20	9.27	2.96	5.21	5.85
EV/EBITDA Ratio	66.06	53.17	53.03	16.41	32.46	35.02
EV/EBIT Ratio	71.68	59.85	68.89	20.66	47.19	49.80
EV/FCF Ratio	210.73	121.11	78.19	34.23	74.86	-
Debt / Equity Ratio	0.01	0.00	0	0.00	0.00	-
Debt / EBITDA Ratio	0.02	0.01	0.00	0.01	0.01	-
Debt / FCF Ratio	0.07	0.02	0.00	0.01	0.03	-
Net Debt / Equity Ratio	-0.44	-0.55	-0.49	-0.46	-0.53	-0.46
Net Debt / EBITDA Ratio	-1.93	-2.96	-4.39	-3.59	-6.07	-6.23
Net Debt / FCF Ratio	-6.14	-6.75	-6.47	-7.50	-14.00	22.71
Asset Turnover	0.85	0.75	0.55	0.64	0.46	0.39
Inventory Turnover	3.54	3.59	3.02	3.37	2.97	2.55
Quick Ratio	3.62	3.27	3.81	4.10	5.99	5.73
Current Ratio	4.45	4.04	4.56	5.16	7.23	7.03
Return on Equity (ROE)	24.81%	18.40%	11.26%	14.16%	5.68%	5.55%
Return on Assets (ROA)	11.39%	8.78%	4.60%	5.75%	3.21%	2.89%
Return on Invested Capital (ROIC)	37.13%	32.85%	15.59%	18.40%	10.29%	10.73%
Return on Capital Employed (ROCE)	21.00%	16.40%	8.60%	10.00%	5.90%	5.20%
Earnings Yield	1.42%	1.62%	1.76%	5.58%	1.79%	1.93%
FCF Yield	0.46%	0.79%	1.19%	2.50%	1.12%	-0.67%
Dividend Yield	0.68%	1.11%	1.31%	3.58%	1.76%	1.89%
Payout Ratio	48.35%	43.47%	72.64%	37.18%	93.29%	136.87%
Buyback Yield / Dilution	-0.40%	-1.07%	1.38%	-1.63%	2.14%	0.47%
Total Shareholder Return	0.28%	0.04%	2.69%	1.95%	3.90%	2.36%

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