Bull Will Ratios and Metrics

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

Millions TWD. Fiscal year is Jan - Dec.

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Apr '26 Apr 17, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Market Capitalization	638	480	486	495	413	505
Market Cap Growth	32.75%	-1.12%	-1.93%	19.92%	-18.20%	150.55%
Enterprise Value	438	310	327	388	311	449
Last Close Price	23.40	17.95	18.55	19.78	16.77	24.72
PE Ratio	33.91	26.07	39.41	20.91	19.66	949.41
PS Ratio	1.40	1.05	1.27	1.15	0.68	1.36
PB Ratio	1.66	1.25	1.36	1.47	1.28	1.77
P/TBV Ratio	1.77	1.33	1.49	1.65	1.49	2.37
P/FCF Ratio	44.06	33.19	16.17	15.03	6.56	-
P/OCF Ratio	42.49	32.00	16.08	14.68	6.19	-
EV/Sales Ratio	0.96	0.68	0.85	0.90	0.51	1.21
EV/EBITDA Ratio	21.93	17.12	36.74	15.86	12.43	81.39
EV/EBIT Ratio	28.82	20.41	54.52	18.33	14.27	129.93
EV/FCF Ratio	30.28	21.44	10.87	11.79	4.93	-
Debt / Equity Ratio	0.02	0.02	0.25	0.10	0.19	0.16
Debt / EBITDA Ratio	0.33	0.33	8.47	1.32	2.22	6.28
Debt / FCF Ratio	0.45	0.45	3.02	1.05	0.95	-
Net Debt / Equity Ratio	-0.52	-0.52	-0.50	-0.43	-0.37	-0.19
Net Debt / EBITDA Ratio	-11.04	-11.04	-19.95	-6.00	-4.83	-9.85
Net Debt / FCF Ratio	-13.83	-13.83	-5.90	-4.45	-1.92	3.10
Asset Turnover	0.90	0.90	0.78	0.95	1.35	1.04
Inventory Turnover	11.94	11.94	12.04	11.41	11.63	8.36
Quick Ratio	4.21	4.21	3.99	4.02	3.09	2.80
Current Ratio	4.63	4.63	4.25	4.33	3.37	3.30
Return on Equity (ROE)	5.02%	5.02%	3.53%	7.37%	7.77%	0.84%
Return on Assets (ROA)	1.88%	1.88%	0.77%	2.90%	3.04%	0.60%
Return on Invested Capital (ROIC)	7.07%	7.38%	2.57%	9.44%	8.09%	1.07%
Return on Capital Employed (ROCE)	3.90%	3.90%	1.40%	5.90%	6.20%	1.10%
Earnings Yield	2.89%	3.84%	2.54%	4.78%	5.09%	0.10%
FCF Yield	2.27%	3.01%	6.19%	6.65%	15.24%	-3.48%
Dividend Yield	1.50%	1.95%	0.51%	0.95%	3.41%	0.64%
Payout Ratio	13.61%	13.61%	39.25%	59.48%	17.13%	-
Buyback Yield / Dilution	-3.31%	-3.31%	-4.47%	-3.95%	-3.87%	-22.92%
Total Shareholder Return	-1.81%	-1.36%	-3.97%	-3.00%	-0.46%	-22.28%

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