The Wharf (Holdings) Ratios and Metrics

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

Millions HKD. Fiscal year is Jan - Dec.

Fiscal Year	Current	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	2019 - 2015
Period Ending	Mar '26 Mar 9, 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	2019 - 2015
Market Capitalization	73,100	66,774	76,859	70,136	73,192	63,620	Upgrade
Market Cap Growth	30.28%	-13.12%	9.59%	-4.17%	15.04%	5.27%	Upgrade
Enterprise Value	85,402	80,647	95,985	85,356	119,591	90,948	Upgrade
Last Close Price	23.92	21.43	24.23	21.60	22.21	19.00	Upgrade
PE Ratio	-	-	81.33	-	12.16	16.47	Upgrade
PS Ratio	6.80	5.51	4.06	3.88	3.27	3.03	Upgrade
PB Ratio	0.49	0.47	0.52	0.45	0.44	0.39	Upgrade
P/OCF Ratio	13.82	17.43	32.31	11.34	28.66	6.20	Upgrade
EV/Sales Ratio	7.94	6.66	5.07	4.72	5.34	4.33	Upgrade
EV/EBITDA Ratio	14.81	12.79	12.70	11.73	12.93	7.72	Upgrade
EV/EBIT Ratio	16.88	14.29	13.92	12.93	14.01	8.19	Upgrade
Debt / Equity Ratio	0.13	0.12	0.13	0.13	0.22	0.26	Upgrade
Debt / EBITDA Ratio	3.32	2.66	2.57	2.74	3.96	3.57	Upgrade
Net Debt / Equity Ratio	0.04	0.05	0.05	0.04	0.08	0.16	Upgrade
Net Debt / EBITDA Ratio	1.12	1.14	1.05	0.74	1.43	2.17	Upgrade
Asset Turnover	0.06	0.06	0.09	0.08	0.09	0.09	Upgrade
Inventory Turnover	0.10	0.12	0.25	0.20	0.24	0.17	Upgrade
Quick Ratio	0.65	0.48	0.49	0.49	0.66	0.41	Upgrade
Current Ratio	2.23	2.04	1.89	1.78	1.92	1.34	Upgrade
Return on Equity (ROE)	0.37%	-1.80%	0.73%	-0.89%	3.84%	3.09%	Upgrade
Return on Assets (ROA)	1.68%	1.79%	2.02%	1.74%	2.10%	2.80%	Upgrade
Return on Invested Capital (ROIC)	3.09%	3.45%	2.02%	-22.11%	2.86%	2.80%	Upgrade
Earnings Yield	-0.07%	-4.83%	1.23%	-2.43%	8.22%	6.07%	Upgrade
Dividend Yield	1.67%	1.87%	1.65%	1.85%	1.80%	2.10%	Upgrade
Payout Ratio	-	-	129.31%	-	20.30%	21.71%	Upgrade
Buyback Yield / Dilution	-	-	-	-0.03%	-0.16%	-0.03%	Upgrade
Total Shareholder Return	1.60%	1.87%	1.65%	1.82%	1.64%	2.07%	Upgrade

Source: S&P Capital IQ. Real Estate template. Financial Sources.