China Yangtze Power 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	2020 - 2016
Period Ending	Mar '26 Mar 9, 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	2020 - 2016
Market Capitalization	665,536	665,291	723,036	571,088	477,579	516,240	Upgrade
Market Cap Growth	-2.54%	-7.99%	26.61%	19.58%	-7.49%	18.48%	Upgrade
Enterprise Value	967,080	966,835	1,031,949	910,360	591,164	622,080	Upgrade
PE Ratio	19.48	19.47	22.25	20.96	20.13	19.65	Upgrade
PS Ratio	7.75	7.75	8.56	7.31	6.94	9.28	Upgrade
PB Ratio	2.86	2.86	3.26	2.69	1.87	2.71	Upgrade
P/FCF Ratio	-	-	15.99	10.91	15.40	16.00	Upgrade
P/OCF Ratio	-	-	12.12	8.82	10.99	14.45	Upgrade
EV/Sales Ratio	11.26	11.26	12.21	11.65	8.59	11.18	Upgrade
EV/EBITDA Ratio	15.68	15.68	15.93	15.10	11.18	14.38	Upgrade
EV/EBIT Ratio	22.93	22.92	22.78	22.10	16.41	19.53	Upgrade
EV/FCF Ratio	-	-	22.82	17.40	19.07	19.28	Upgrade
Debt / Equity Ratio	1.29	1.29	1.35	1.48	1.11	0.55	Upgrade
Debt / EBITDA Ratio	4.86	4.86	4.62	5.22	5.34	2.43	Upgrade
Debt / FCF Ratio	-	-	6.63	6.03	9.13	3.27	Upgrade
Net Debt / Equity Ratio	1.24	1.24	1.32	1.45	1.06	0.50	Upgrade
Net Debt / EBITDA Ratio	4.70	4.70	4.53	5.10	5.15	2.21	Upgrade
Net Debt / FCF Ratio	-	-	6.49	5.88	8.79	2.96	Upgrade
Quick Ratio	-	-	0.10	0.12	0.29	0.27	Upgrade
Current Ratio	-	-	0.11	0.12	0.30	0.34	Upgrade
Asset Turnover	-	-	0.15	0.14	0.15	0.17	Upgrade
Return on Equity (ROE)	15.02%	15.02%	15.16%	11.94%	11.25%	14.37%	Upgrade
Return on Assets (ROA)	-	-	4.97%	4.47%	4.96%	6.04%	Upgrade
Return on Capital Employed (ROCE)	-	-	11.10%	9.60%	7.40%	11.60%	Upgrade
Earnings Yield	5.13%	5.14%	4.49%	4.77%	4.97%	5.09%	Upgrade
FCF Yield	-	-	6.25%	9.16%	6.49%	6.25%	Upgrade
Dividend Yield	3.47%	-	3.32%	3.75%	4.52%	4.13%	Upgrade
Payout Ratio	-	-	96.96%	126.87%	138.76%	76.05%	Upgrade
Buyback Yield / Dilution	0.00%	0.00%	-0.00%	-0.00%	-7.59%	-2.50%	Upgrade
Total Shareholder Return	3.48%	0.00%	3.32%	3.75%	-3.08%	1.63%	Upgrade

Source: S&P Capital IQ. Utility template. Financial Sources.