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	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	31,865	16,173	8,799	3,227	4,005	3,924
Market Cap Growth	36.52%	83.80%	172.71%	-19.44%	2.08%	-37.35%
Enterprise Value	31,144	15,434	8,198	2,761	3,370	3,355
Last Close Price	143.24	72.06	38.08	13.96	17.00	15.86
PE Ratio	86.77	61.90	56.74	17.92	55.82	51.89
Forward PE	52.66	27.53	27.53	27.53	27.53	28.20
PS Ratio	19.01	11.74	9.95	3.46	6.20	6.84
PB Ratio	18.84	10.37	6.41	2.44	3.34	3.05
P/TBV Ratio	19.72	10.81	6.69	2.56	3.54	3.22
P/FCF Ratio	260.39	126.91	83.92	40.00	88.97	-
P/OCF Ratio	190.29	88.03	76.52	30.68	57.94	889.65
EV/Sales Ratio	18.58	11.20	9.27	2.96	5.21	5.85
EV/EBITDA Ratio	79.78	53.17	53.03	16.41	32.46	35.02
EV/EBIT Ratio	86.57	59.85	68.89	20.66	47.19	49.80
EV/FCF Ratio	254.50	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	1.18%	1.62%	1.76%	5.58%	1.79%	1.93%
FCF Yield	0.38%	0.79%	1.19%	2.50%	1.12%	-0.67%
Dividend Yield	0.56%	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	0.16%	0.04%	2.69%	1.95%	3.90%	2.36%

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