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	Apr '26 Apr 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	11,763	11,085	10,418	16,680	17,832	-
Market Cap Growth	13.88%	6.40%	-37.54%	-6.46%	-	-
Enterprise Value	8,978	8,009	8,180	14,346	15,905	-
Last Close Price	19.77	18.63	16.80	25.82	27.44	-
PE Ratio	64.31	60.60	50.69	19.40	34.32	-
Forward PE	54.92	7.75	9.86	15.22	-	-
PS Ratio	9.78	9.22	9.24	6.92	9.77	-
PB Ratio	2.06	1.94	1.73	2.66	3.24	-
P/TBV Ratio	2.07	1.95	1.74	2.67	3.26	-
P/FCF Ratio	33.86	31.91	25.02	20.21	90.98	-
P/OCF Ratio	32.94	31.04	22.26	18.78	61.78	-
EV/Sales Ratio	7.47	6.66	7.25	5.95	8.71	-
EV/EBITDA Ratio	38.81	34.62	34.81	14.03	24.91	-
EV/EBIT Ratio	99.47	88.73	86.43	16.27	31.55	-
EV/FCF Ratio	25.84	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	-0.49	-0.49	-0.49	-0.37	-0.34	-0.16
Net Debt / EBITDA Ratio	-12.04	-12.04	-12.45	-2.26	-2.90	-0.61
Net Debt / FCF Ratio	-8.02	-8.02	-7.03	-2.80	-9.43	6.82
Asset Turnover	0.17	0.17	0.14	0.32	0.32	0.45
Inventory Turnover	1.68	1.68	1.50	2.24	2.69	4.64
Quick Ratio	3.70	3.70	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)	0.78%	0.78%	0.76%	7.32%	5.43%	10.28%
Return on Invested Capital (ROIC)	3.19%	2.93%	2.58%	19.83%	14.81%	30.53%
Return on Capital Employed (ROCE)	1.60%	1.60%	1.60%	14.00%	9.10%	23.60%
Earnings Yield	1.56%	1.65%	1.97%	5.16%	2.91%	-
FCF Yield	2.95%	3.13%	4.00%	4.95%	1.10%	-
Dividend Yield	8.04%	7.51%	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	8.55%	8.03%	1.91%	0.29%	-8.61%	-0.01%

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