BaaS Innovation Ratios and Metrics

Market cap in millions TWD. Fiscal year is January - December.

Millions TWD. Fiscal year is Jan - Dec.

Fiscal Year	Current	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Feb '26 Feb 10, 2026	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Market Capitalization	4,840	1,003	827	739	1,050	1,237
Market Cap Growth	367.64%	21.34%	11.85%	-29.57%	-15.14%	11.00%
Enterprise Value	4,584	894	863	592	763	1,045
Last Close Price	121.00	33.45	32.10	28.70	40.52	47.75
PE Ratio	-	-	-	-	43.67	-
PS Ratio	24.34	15.44	12.64	31.83	56.00	8.14
PB Ratio	9.72	3.47	4.80	4.06	3.54	4.53
P/TBV Ratio	13.06	6.18	18.62	4.06	3.54	4.54
P/FCF Ratio	-	-	78.78	17.02	-	205.30
P/OCF Ratio	-	-	78.78	16.61	-	191.63
EV/Sales Ratio	23.05	13.76	13.19	25.49	40.70	6.87
EV/FCF Ratio	-45.05	-	82.21	13.63	-	173.35
Debt / Equity Ratio	0.02	0.15	0.93	0.28	0.47	0.26
Debt / FCF Ratio	-	-	15.21	1.15	-	11.78
Net Debt / Equity Ratio	-0.53	-0.48	-0.07	-0.73	-0.85	-0.71
Net Debt / EBITDA Ratio	8.18	5.25	0.58	4.13	6.83	6.33
Net Debt / FCF Ratio	2.59	18.25	-1.15	-3.04	9.15	-32.32
Asset Turnover	0.45	0.19	0.22	0.07	0.05	0.38
Inventory Turnover	4.60	-	14.32	3.17	4.17	4.53
Quick Ratio	9.06	4.34	1.50	3.68	2.76	4.23
Current Ratio	11.23	4.38	1.52	3.80	2.80	4.31
Return on Equity (ROE)	-3.81%	-2.82%	-10.36%	-45.99%	8.44%	-20.81%
Return on Assets (ROA)	-4.58%	-4.77%	-4.42%	-5.74%	-5.76%	-4.84%
Return on Invested Capital (ROIC)	-16.78%	-17.28%	-20.16%	-68.77%	-53.13%	-30.89%
Return on Capital Employed (ROCE)	-6.50%	-9.00%	-10.30%	-17.80%	-12.70%	-11.50%
Earnings Yield	-0.18%	-0.52%	-2.22%	-14.89%	2.29%	-5.13%
FCF Yield	-2.10%	-0.76%	1.27%	5.88%	-2.63%	0.49%
Dividend Yield	-	-	-	-	0.49%	-
Buyback Yield / Dilution	-18.20%	-9.19%	-	0.19%	-0.19%	0.00%
Total Shareholder Return	-18.20%	-9.19%	-	0.19%	0.30%	-

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