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 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	May '26 May 20, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Jan '23 Jan 1, 2023	Jan '22 Jan 1, 2022
Market Capitalization	33,039	25,705	16,173	8,799	3,227	4,005
Market Cap Growth	127.79%	58.94%	83.80%	172.71%	-19.44%	2.08%
Enterprise Value	32,452	24,985	15,434	8,198	2,761	3,370
Last Close Price	148.52	115.55	72.06	38.08	13.96	17.00
PE Ratio	117.88	85.98	61.90	56.74	17.92	55.82
Forward PE	53.78	42.44	48.25	44.79	16.18	29.92
PS Ratio	21.78	16.62	11.74	9.95	3.46	6.20
PB Ratio	18.29	14.75	10.37	6.41	2.44	3.34
P/TBV Ratio	19.15	15.51	10.81	6.69	2.56	3.54
P/FCF Ratio	-	256.49	126.91	83.92	40.00	88.97
P/OCF Ratio	-	169.06	88.03	76.52	30.68	57.94
EV/Sales Ratio	21.39	16.15	11.20	9.27	2.96	5.21
EV/EBITDA Ratio	90.84	68.77	53.12	53.03	16.41	32.46
EV/EBIT Ratio	100.67	75.73	59.85	68.89	20.66	47.19
EV/FCF Ratio	-357.90	249.30	121.11	78.19	34.23	74.86
Debt / Equity Ratio	0.01	0.01	0.00	0	0.00	0.00
Debt / EBITDA Ratio	0.04	0.03	0.01	0.00	0.01	0.01
Debt / FCF Ratio	-	0.11	0.02	0.00	0.01	0.03
Net Debt / Equity Ratio	-0.35	-0.42	-0.55	-0.49	-0.46	-0.53
Net Debt / EBITDA Ratio	-1.75	-2.00	-2.96	-4.39	-3.59	-6.07
Net Debt / FCF Ratio	6.88	-7.27	-6.75	-6.47	-7.50	-14.00
Asset Turnover	0.68	0.76	0.75	0.55	0.64	0.46
Inventory Turnover	2.61	3.27	3.59	3.02	3.37	2.97
Quick Ratio	3.25	4.13	3.27	3.81	4.10	5.99
Current Ratio	4.21	4.99	4.04	4.56	5.16	7.23
Return on Equity (ROE)	16.97%	18.62%	18.40%	11.26%	14.16%	5.68%
Return on Assets (ROA)	9.07%	10.06%	8.78%	4.60%	5.75%	3.21%
Return on Invested Capital (ROIC)	25.96%	33.85%	32.85%	15.59%	18.40%	10.29%
Return on Capital Employed (ROCE)	17.60%	18.70%	16.40%	8.60%	10.00%	5.90%
Earnings Yield	0.86%	1.16%	1.62%	1.76%	5.58%	1.79%
FCF Yield	-0.27%	0.39%	0.79%	1.19%	2.50%	1.12%
Dividend Yield	0.54%	0.86%	1.11%	1.31%	3.58%	1.76%
Payout Ratio	63.67%	60.78%	43.47%	72.64%	37.18%	93.29%
Buyback Yield / Dilution	0.30%	0.30%	-1.07%	1.38%	-1.63%	2.14%
Total Shareholder Return	0.84%	1.17%	0.04%	2.69%	1.95%	3.90%

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