SHEN

Value Q3, 24Q4, 24Q1, 25Q2, 25Q3, 25Q4, 25 TTM Total common shares outstanding 54.6 M54.67 M54.86 M54.9 M54.9 M55.3 M — Enterprise value 727.34 M643.15 M602.01 M720.82 M714.11 M612.03 M 2.65 B Price to earnings ratio 3.633.56-13.97-16.07-14.59-16.28 -60.91 Price to sales ratio 2.272.061.982.142.09— — Price to cash flow ratio 11.5510.8310.098.657.926.31 32.96 Price to book ratio 0.220.740.190.20.20.72 1.32 Enterprise value to EBITDA ratio 4.610.055.367.3310.12— — Return on assets % 0-00.0100.010 0.02 Return on equity % 0-00.010.010.010.01 0.04 Return on invested capital % 0.81.061.271.561.210.14 4.18 Gross margin % 60.7128.6728.9123.5325.5229.43 107.39 Operating margin % 4.776.746.9310.287.980.95 26.15 EBITDA margin % 57.17.2824.9322.7224.8130.71 103.18 Net margin % 4.18-3.2110.3910.2210.465.87 36.93 Quick ratio —————— — Current ratio 0.790.821.20.730.50.9 3.33 Inventory turnover —————— — Asset turnover 0.050.050.050.050.050.05 0.2 Debt to assets ratio —————— — Debt to equity ratio —————— — Long term debt to total assets ratio 0.20.230.280.280.280.33 1.16 Long term debt to total equity ratio 0.360.440.550.560.590.71 2.41 Operating cash flow per share 0.450.380.370.380.560.52 1.83 EBIT per share 0.42-0.39-0.13-0.26-0.21-0.07 -0.68 EBITDA per share 0.940.120.40.370.40.51 1.68 Total debt per share —————— — Cash per share 0.860.911.640.580.470.55 3.24 Net current asset value per share 1.831.762.451.511.231.77 6.96 Tangible book value per share 14.2914.1613.713.5413.3513.14 53.73 Working capital per share -0.48-0.370.41-0.57-1.22-0.2 -1.59 Book value per share 17.3417.116.5716.3916.2115.99 65.15