Hualan Biological Vaccine 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	Mar '26 Mar 27, 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	11,406	11,085	10,418	16,680	17,832	-
Market Cap Growth	10.24%	6.40%	-37.54%	-6.46%	-	-
Enterprise Value	9,080	8,009	8,180	14,346	15,905	-
Last Close Price	19.17	18.63	16.80	25.82	27.44	-
PE Ratio	62.36	60.60	50.69	19.40	34.32	-
Forward PE	-	7.75	9.86	15.22	-	-
PS Ratio	9.49	9.22	9.24	6.92	9.77	-
PB Ratio	2.00	1.94	1.73	2.66	3.24	-
P/TBV Ratio	2.01	1.95	1.74	2.67	3.26	-
P/FCF Ratio	32.83	31.91	25.02	20.21	90.98	-
P/OCF Ratio	31.94	31.04	22.26	18.78	61.78	-
EV/Sales Ratio	7.55	6.66	7.25	5.95	8.71	-
EV/EBITDA Ratio	30.46	26.87	34.81	14.03	24.91	-
EV/EBIT Ratio	57.88	51.05	86.43	16.27	31.55	-
EV/FCF Ratio	26.13	23.05	19.64	17.38	81.14	-
Debt / Equity Ratio	-	-	0.05	0.05	0.06	0.18
Debt / EBITDA Ratio	-	-	1.28	0.29	0.47	0.68
Debt / FCF Ratio	-	-	0.72	0.36	1.53	-
Net Debt / Equity Ratio	-0.41	-0.41	-0.49	-0.37	-0.34	-0.16
Net Debt / EBITDA Ratio	-7.80	-7.80	-12.45	-2.26	-2.90	-0.61
Net Debt / FCF Ratio	-6.69	-6.69	-7.03	-2.80	-9.43	6.82
Asset Turnover	0.17	0.17	0.14	0.32	0.32	0.45
Inventory Turnover	1.38	1.38	1.50	2.24	2.69	4.64
Quick Ratio	3.29	3.29	3.19	2.73	2.57	1.43
Current Ratio	3.92	3.92	3.40	3.10	2.73	1.51
Return on Equity (ROE)	3.12%	3.12%	3.35%	14.63%	12.51%	24.86%
Return on Assets (ROA)	1.36%	1.36%	0.76%	7.32%	5.43%	10.28%
Return on Invested Capital (ROIC)	5.11%	4.73%	2.58%	19.83%	14.81%	30.53%
Return on Capital Employed (ROCE)	2.70%	2.70%	1.60%	14.00%	9.10%	23.60%
Earnings Yield	1.60%	1.65%	1.97%	5.16%	2.91%	-
FCF Yield	3.05%	3.13%	4.00%	4.95%	1.10%	-
Dividend Yield	3.13%	-	1.19%	2.32%	0.73%	-
Payout Ratio	277.66%	277.66%	162.67%	13.95%	17.49%	2.06%
Buyback Yield / Dilution	0.51%	0.51%	0.71%	-2.03%	-9.33%	-0.01%
Total Shareholder Return	3.64%	0.51%	1.91%	0.29%	-8.61%	-0.01%

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.