Capital Intensity
Score how much of a company is physical plant, inventory, and equipment, whether that base is being maintained, and whether the shares have tangible backing.
Zhejiang Supor Co Ltd
Physical assets are 29.0% of total assets, a light footprint. Capex is 1.35x depreciation and free cash flow yield is still positive, which fits a physical base that is being replaced or expanded without consuming all of its cash. That coverage ratio uses interest only, because short-term debt was not on the balance sheet.
Fixed-asset turnover is 15.34x. Compare it with other names in the same basket.
Physical asset ratio
29.0%Physical asset ratio · 2025-12-31(Net PP&E + inventory) / total assetsNet PP&ECNY 1.48BpropertyPlantAndEquipmentNetInventoryCNY 2.41BinventoryTotal assetsCNY 13.42BtotalAssetsResult 29.0%
Net PP&E plus inventory, divided by total assets. Above 50% is a heavy footprint.
Fixed asset turnover
15.34xFixed asset turnover · 2025-12-31Revenue / net PP&ERevenueCNY 22.77BtotalRevenueNet PP&ECNY 1.48BpropertyPlantAndEquipmentNetResult 15.34x
Revenue per dollar of the physical asset base.
Capex / D&A
1.35xCapex / D&A · 2025-12-31Capital expenditures / depreciation and amortizationCapexCNY 200.57McapitalExpendituresD&ACNY 148.48MdepreciationAndAmortizationResult 1.35x
Above 1.0x means the physical base is being replaced or expanded.
Tangible book / share
CNY 7.45Tangible book / share · 2025-12-31(Total assets − goodwill − intangibles − liabilities) / sharesTotal assetsCNY 13.42BtotalAssetsGoodwillCNY 0.00Not reported, treated as 0IntangiblesCNY 390.43MintangibleAssetsLiabilitiesCNY 7.10BtotalLiabTangible bookCNY 5.93BShares796,021,336commonStockSharesOutstandingGoodwill was not reported and is treated as zero.Result CNY 7.45
Assets minus goodwill, intangibles, and liabilities, per share.
Price / tangible book
5.64xPrice / tangible bookPrice / tangible book per sharePriceCNY 42.00Latest quoteTangible book / shareCNY 7.452025-12-31Result 5.64x
Price CNY 42.00.
Fixed-charge coverage
184.56xFixed-charge coverage · 2025-12-31(EBITDA − capex) / interestEBITDACNY 2.74BebitdaCapexCNY 200.57McapitalExpendituresInterestCNY 13.74MinterestExpenseEBITDA − capexCNY 2.54BShort-term debt was not reported, so the denominator is interest only.Result 184.56x
EBITDA minus capex, divided by interest only.
FCF yield
7.3%Free cash flow yield · 2025-12-31Latest free cash flow / current market capFree cash flowCNY 2.45BfreeCashFlowMarket capCNY 33.30BMarketCapitalizationResult 7.3%
Latest free cash flow divided by current market cap (CNY 33.30B).
ROIC
—ROIC · 2025-12-31Operating income × (1 − tax rate) / (equity + debt − cash)Operating incomeCNY 2.59BoperatingIncomeTax expenseCNY 490.81MincomeTaxExpensePretax incomeCNY 2.59BincomeBeforeTaxTax rate19.0%EquityCNY 6.28BtotalStockholderEquityDebt—Not reportedCashCNY 1.98BcashInvested capital—Result —
After-tax operating income over equity plus debt minus cash.
Operating income / net PP&E is 1.74x.
Footprint and return
Turnover and reinvestment
| Year | Physical | FAT | Capex/D&A | TBV/sh | Coverage | FCF | ROIC | EBIT/PP&E |
|---|---|---|---|---|---|---|---|---|
| 2018 | 30.8%Physical asset ratio · 2018-12-31(Net PP&E + inventory) / total assetsNet PP&ECNY 908.86MpropertyPlantAndEquipmentNetInventoryCNY 2.36BinventoryTotal assetsCNY 10.63BtotalAssetsResult 30.8% | 19.64xFixed asset turnover · 2018-12-31Revenue / net PP&ERevenueCNY 17.85BtotalRevenueNet PP&ECNY 908.86MpropertyPlantAndEquipmentNetResult 19.64x | 1.69xCapex / D&A · 2018-12-31Capital expenditures / depreciation and amortizationCapexCNY 202.29McapitalExpendituresD&ACNY 119.72MdepreciationAndAmortizationResult 1.69x | CNY 6.71Tangible book / share · 2018-12-31(Total assets − goodwill − intangibles − liabilities) / sharesTotal assetsCNY 10.63BtotalAssetsGoodwillCNY 0.00Not reported, treated as 0IntangiblesCNY 397.27MintangibleAssetsLiabilitiesCNY 4.73BtotalLiabTangible bookCNY 5.51BShares821,383,888commonStockSharesOutstandingGoodwill was not reported and is treated as zero.Result CNY 6.71 | 573.46xFixed-charge coverage · 2018-12-31(EBITDA − capex) / interestEBITDACNY 2.10BebitdaCapexCNY 202.29McapitalExpendituresInterestCNY 3.32MinterestExpenseEBITDA − capexCNY 1.90BShort-term debt was not reported, so the denominator is interest only.Result 573.46x | CNY 1.81BFree cash flow · 2018-12-31Reported free cash flowOperating cash flowCNY 2.01BtotalCashFromOperatingActivitiesCapexCNY 202.29McapitalExpendituresFree cash flowCNY 1.81BfreeCashFlowFree cash flow is the amount reported on the cash-flow statement.Result CNY 1.81B | —ROIC · 2018-12-31Operating income × (1 − tax rate) / (equity + debt − cash)Operating incomeCNY 1.98BoperatingIncomeTax expenseCNY 312.76MincomeTaxExpensePretax incomeCNY 1.98BincomeBeforeTaxTax rate15.8%EquityCNY 5.91BtotalStockholderEquityDebt—Not reportedCashCNY 1.85BcashAndShortTermInvestmentsInvested capital—Result — | 2.18xEBIT / PP&E · 2018-12-31Operating income / net PP&EOperating incomeCNY 1.98BoperatingIncomeNet PP&ECNY 908.86MpropertyPlantAndEquipmentNetResult 2.18x |
| 2019 | 28.5%Physical asset ratio · 2019-12-31(Net PP&E + inventory) / total assetsNet PP&ECNY 1.12BpropertyPlantEquipmentInventoryCNY 2.25BinventoryTotal assetsCNY 11.85BtotalAssetsResult 28.5% | 17.66xFixed asset turnover · 2019-12-31Revenue / net PP&ERevenueCNY 19.85BtotalRevenueNet PP&ECNY 1.12BpropertyPlantEquipmentResult 17.66x | 3.67xCapex / D&A · 2019-12-31Capital expenditures / depreciation and amortizationCapexCNY 454.91McapitalExpendituresD&ACNY 124.08MdepreciationAndAmortizationResult 3.67x | CNY 7.77Tangible book / share · 2019-12-31(Total assets − goodwill − intangibles − liabilities) / sharesTotal assetsCNY 11.85BtotalAssetsGoodwillCNY 0.00Not reported, treated as 0IntangiblesCNY 465.55MintangibleAssetsLiabilitiesCNY 5.00BtotalLiabTangible bookCNY 6.38BShares821,178,011commonStockSharesOutstandingGoodwill was not reported and is treated as zero.Result CNY 7.77 | 999.77xFixed-charge coverage · 2019-12-31(EBITDA − capex) / interestEBITDACNY 2.40BebitdaCapexCNY 454.91McapitalExpendituresInterestCNY 1.95MinterestExpenseEBITDA − capexCNY 1.94BShort-term debt was not reported, so the denominator is interest only.Result 999.77x | CNY 1.28BFree cash flow · 2019-12-31Reported free cash flowOperating cash flowCNY 1.73BtotalCashFromOperatingActivitiesCapexCNY 454.91McapitalExpendituresFree cash flowCNY 1.28BfreeCashFlowFree cash flow is the amount reported on the cash-flow statement.Result CNY 1.28B | 42.5%ROIC · 2019-12-31Operating income × (1 − tax rate) / (equity + debt − cash)Operating incomeCNY 2.30BoperatingIncomeTax expenseCNY 357.80MincomeTaxExpensePretax incomeCNY 2.27BincomeBeforeTaxTax rate15.7%EquityCNY 6.84BtotalStockholderEquityDebtCNY 290.59MshortLongTermDebtTotalCashCNY 2.57BcashAndShortTermInvestmentsInvested capitalCNY 4.55BResult 42.5% | 2.04xEBIT / PP&E · 2019-12-31Operating income / net PP&EOperating incomeCNY 2.30BoperatingIncomeNet PP&ECNY 1.12BpropertyPlantEquipmentResult 2.04x |
| 2020 | 31.0%Physical asset ratio · 2020-12-31(Net PP&E + inventory) / total assetsNet PP&ECNY 1.46BpropertyPlantAndEquipmentNetInventoryCNY 2.41BinventoryTotal assetsCNY 12.47BtotalAssetsResult 31.0% | 12.78xFixed asset turnover · 2020-12-31Revenue / net PP&ERevenueCNY 18.60BtotalRevenueNet PP&ECNY 1.46BpropertyPlantAndEquipmentNetResult 12.78x | 2.13xCapex / D&A · 2020-12-31Capital expenditures / depreciation and amortizationCapexCNY 280.18McapitalExpendituresD&ACNY 131.68MdepreciationAndAmortizationResult 2.13x | CNY 8.30Tangible book / share · 2020-12-31(Total assets − goodwill − intangibles − liabilities) / sharesTotal assetsCNY 12.47BtotalAssetsGoodwillCNY 0.00Not reported, treated as 0IntangiblesCNY 461.80MintangibleAssetsLiabilitiesCNY 5.24BtotalLiabTangible bookCNY 6.77BShares816,550,880commonStockSharesOutstandingGoodwill was not reported and is treated as zero.Result CNY 8.30 | 7.39xFixed-charge coverage · 2020-12-31(EBITDA − capex) / (interest + short-term debt)EBITDACNY 2.33BebitdaCapexCNY 280.18McapitalExpendituresInterestCNY 1.15MinterestExpenseShort-term debtCNY 276.47MshortTermDebtEBITDA − capexCNY 2.05BPrincipal due is short-term debt.Result 7.39x | CNY 1.80BFree cash flow · 2020-12-31Reported free cash flowOperating cash flowCNY 2.08BtotalCashFromOperatingActivitiesCapexCNY 280.18McapitalExpendituresFree cash flowCNY 1.80BfreeCashFlowFree cash flow is the amount reported on the cash-flow statement.Result CNY 1.80B | 33.4%ROIC · 2020-12-31Operating income × (1 − tax rate) / (equity + debt − cash)Operating incomeCNY 2.20BoperatingIncomeTax expenseCNY 357.69MincomeTaxExpensePretax incomeCNY 2.20BincomeBeforeTaxTax rate16.3%EquityCNY 7.20BtotalStockholderEquityDebtCNY 149.63MshortLongTermDebtTotalCashCNY 1.84BcashAndShortTermInvestmentsInvested capitalCNY 5.51BResult 33.4% | 1.51xEBIT / PP&E · 2020-12-31Operating income / net PP&EOperating incomeCNY 2.20BoperatingIncomeNet PP&ECNY 1.46BpropertyPlantAndEquipmentNetResult 1.51x |
| 2021 | 33.2%Physical asset ratio · 2021-12-31(Net PP&E + inventory) / total assetsNet PP&ECNY 1.51BpropertyPlantEquipmentInventoryCNY 3.10BinventoryTotal assetsCNY 13.90BtotalAssetsResult 33.2% | 14.26xFixed asset turnover · 2021-12-31Revenue / net PP&ERevenueCNY 21.59BtotalRevenueNet PP&ECNY 1.51BpropertyPlantEquipmentResult 14.26x | 1.52xCapex / D&A · 2021-12-31Capital expenditures / depreciation and amortizationCapexCNY 228.41McapitalExpendituresD&ACNY 150.61MdepreciationAndAmortizationResult 1.52x | CNY 8.88Tangible book / share · 2021-12-31(Total assets − goodwill − intangibles − liabilities) / sharesTotal assetsCNY 13.90BtotalAssetsGoodwillCNY 0.00Not reported, treated as 0IntangiblesCNY 452.20MintangibleAssetsLiabilitiesCNY 6.24BtotalLiabTangible bookCNY 7.21BShares811,667,479commonStockSharesOutstandingGoodwill was not reported and is treated as zero.Result CNY 8.88 | 3.88xFixed-charge coverage · 2021-12-31(EBITDA − capex) / (interest + short-term debt)EBITDACNY 2.55BebitdaCapexCNY 228.41McapitalExpendituresInterestCNY 16.29MinterestExpenseShort-term debtCNY 583.42MshortTermDebtEBITDA − capexCNY 2.32BPrincipal due is short-term debt.Result 3.88x | CNY 1.82BFree cash flow · 2021-12-31Reported free cash flowOperating cash flowCNY 2.05BtotalCashFromOperatingActivitiesCapexCNY 228.41McapitalExpendituresFree cash flowCNY 1.82BfreeCashFlowFree cash flow is the amount reported on the cash-flow statement.Result CNY 1.82B | 39.2%ROIC · 2021-12-31Operating income × (1 − tax rate) / (equity + debt − cash)Operating incomeCNY 2.39BoperatingIncomeTax expenseCNY 444.41MincomeTaxExpensePretax incomeCNY 2.39BincomeBeforeTaxTax rate18.6%EquityCNY 7.62BtotalStockholderEquityDebtCNY 157.42MshortLongTermDebtTotalCashCNY 2.83BcashAndShortTermInvestmentsInvested capitalCNY 4.95BResult 39.2% | 1.58xEBIT / PP&E · 2021-12-31Operating income / net PP&EOperating incomeCNY 2.39BoperatingIncomeNet PP&ECNY 1.51BpropertyPlantEquipmentResult 1.58x |
| 2022 | 30.9%Physical asset ratio · 2022-12-31(Net PP&E + inventory) / total assetsNet PP&ECNY 1.51BpropertyPlantAndEquipmentNetInventoryCNY 2.49BinventoryTotal assetsCNY 12.95BtotalAssetsResult 30.9% | 13.40xFixed asset turnover · 2022-12-31Revenue / net PP&ERevenueCNY 20.17BtotalRevenueNet PP&ECNY 1.51BpropertyPlantAndEquipmentNetResult 13.40x | 1.09xCapex / D&A · 2022-12-31Capital expenditures / depreciation and amortizationCapexCNY 165.43McapitalExpendituresD&ACNY 151.82MdepreciationAndAmortizationResult 1.09x | CNY 8.22Tangible book / share · 2022-12-31(Total assets − goodwill − intangibles − liabilities) / sharesTotal assetsCNY 12.95BtotalAssetsGoodwillCNY 0.00Not reported, treated as 0IntangiblesCNY 440.02MintangibleAssetsLiabilitiesCNY 5.88BtotalLiabTangible bookCNY 6.63BShares806,419,472commonStockSharesOutstandingGoodwill was not reported and is treated as zero.Result CNY 8.22 | 2.24xFixed-charge coverage · 2022-12-31(EBITDA − capex) / (interest + short-term debt)EBITDACNY 2.71BebitdaCapexCNY 165.43McapitalExpendituresInterestCNY 13.93MinterestExpenseShort-term debtCNY 1.12BshortTermDebtEBITDA − capexCNY 2.55BPrincipal due is short-term debt.Result 2.24x | CNY 2.99BFree cash flow · 2022-12-31Reported free cash flowOperating cash flowCNY 3.16BtotalCashFromOperatingActivitiesCapexCNY 165.43McapitalExpendituresFree cash flowCNY 2.99BfreeCashFlowFree cash flow is the amount reported on the cash-flow statement.Result CNY 2.99B | 64.5%ROIC · 2022-12-31Operating income × (1 − tax rate) / (equity + debt − cash)Operating incomeCNY 2.54BoperatingIncomeTax expenseCNY 479.03MincomeTaxExpensePretax incomeCNY 2.55BincomeBeforeTaxTax rate18.8%EquityCNY 7.04BtotalStockholderEquityDebtCNY 150.78MshortLongTermDebtTotalCashCNY 3.99BcashAndShortTermInvestmentsInvested capitalCNY 3.19BResult 64.5% | 1.68xEBIT / PP&E · 2022-12-31Operating income / net PP&EOperating incomeCNY 2.54BoperatingIncomeNet PP&ECNY 1.51BpropertyPlantAndEquipmentNetResult 1.68x |
| 2023 | 28.7%Physical asset ratio · 2023-12-31(Net PP&E + inventory) / total assetsNet PP&ECNY 1.49BpropertyPlantAndEquipmentNetInventoryCNY 2.26BinventoryTotal assetsCNY 13.11BtotalAssetsResult 28.7% | 14.26xFixed asset turnover · 2023-12-31Revenue / net PP&ERevenueCNY 21.30BtotalRevenueNet PP&ECNY 1.49BpropertyPlantAndEquipmentNetResult 14.26x | 0.86xCapex / D&A · 2023-12-31Capital expenditures / depreciation and amortizationCapexCNY 137.48McapitalExpendituresD&ACNY 159.84MdepreciationAndAmortizationResult 0.86x | CNY 7.43Tangible book / share · 2023-12-31(Total assets − goodwill − intangibles − liabilities) / sharesTotal assetsCNY 13.11BtotalAssetsGoodwillCNY 0.00Not reported, treated as 0IntangiblesCNY 428.98MintangibleAssetsLiabilitiesCNY 6.72BtotalLiabTangible bookCNY 5.95BShares801,691,117commonStockSharesOutstandingGoodwill was not reported and is treated as zero.Result CNY 7.43 | 12.66xFixed-charge coverage · 2023-12-31(EBITDA − capex) / (interest + short-term debt)EBITDACNY 2.86BebitdaCapexCNY 137.48McapitalExpendituresInterestCNY 15.36MinterestExpenseShort-term debtCNY 199.74MshortTermDebtEBITDA − capexCNY 2.72BPrincipal due is short-term debt.Result 12.66x | CNY 1.90BFree cash flow · 2023-12-31Reported free cash flowOperating cash flowCNY 2.03BtotalCashFromOperatingActivitiesCapexCNY 137.48McapitalExpendituresFree cash flowCNY 1.90BfreeCashFlowFree cash flow is the amount reported on the cash-flow statement.Result CNY 1.90B | 82.3%ROIC · 2023-12-31Operating income × (1 − tax rate) / (equity + debt − cash)Operating incomeCNY 2.68BoperatingIncomeTax expenseCNY 505.30MincomeTaxExpensePretax incomeCNY 2.68BincomeBeforeTaxTax rate18.8%EquityCNY 6.35BtotalStockholderEquityDebtCNY 199.74MlongTermDebt + shortLongTermDebtCashCNY 3.90BcashAndShortTermInvestmentsInvested capitalCNY 2.65BReported total debt was more than 1.5× long-term debt plus the current portion, so invested capital uses those two lines.Result 82.3% | 1.80xEBIT / PP&E · 2023-12-31Operating income / net PP&EOperating incomeCNY 2.68BoperatingIncomeNet PP&ECNY 1.49BpropertyPlantAndEquipmentNetResult 1.80x |
| 2024 | 30.7%Physical asset ratio · 2024-12-31(Net PP&E + inventory) / total assetsNet PP&ECNY 1.51BpropertyPlantAndEquipmentNetInventoryCNY 2.57BinventoryTotal assetsCNY 13.27BtotalAssetsResult 30.7% | 14.89xFixed asset turnover · 2024-12-31Revenue / net PP&ERevenueCNY 22.43BtotalRevenueNet PP&ECNY 1.51BpropertyPlantAndEquipmentNetResult 14.89x | 1.40xCapex / D&A · 2024-12-31Capital expenditures / depreciation and amortizationCapexCNY 208.21McapitalExpendituresD&ACNY 148.48MdepreciationAndAmortizationResult 1.40x | CNY 7.60Tangible book / share · 2024-12-31(Total assets − goodwill − intangibles − liabilities) / sharesTotal assetsCNY 13.27BtotalAssetsGoodwillCNY 0.00Not reported, treated as 0IntangiblesCNY 408.01MintangibleAssetsLiabilitiesCNY 6.80BtotalLiabTangible bookCNY 6.05BShares796,184,651commonStockSharesOutstandingGoodwill was not reported and is treated as zero.Result CNY 7.60 | 2.00xFixed-charge coverage · 2024-12-31(EBITDA − capex) / (interest + short-term debt)EBITDACNY 2.90BebitdaCapexCNY 208.21McapitalExpendituresInterestCNY 15.99MinterestExpenseShort-term debtCNY 1.33BshortTermDebtEBITDA − capexCNY 2.69BPrincipal due is short-term debt.Result 2.00x | CNY 2.38BFree cash flow · 2024-12-31Reported free cash flowOperating cash flowCNY 2.58BtotalCashFromOperatingActivitiesCapexCNY 208.21McapitalExpendituresFree cash flowCNY 2.38BfreeCashFlowFree cash flow is the amount reported on the cash-flow statement.Result CNY 2.38B | 58.3%ROIC · 2024-12-31Operating income × (1 − tax rate) / (equity + debt − cash)Operating incomeCNY 2.73BoperatingIncomeTax expenseCNY 487.11MincomeTaxExpensePretax incomeCNY 2.73BincomeBeforeTaxTax rate17.8%EquityCNY 6.42BtotalStockholderEquityDebtCNY 188.43MshortLongTermDebtTotalCashCNY 2.76BcashAndShortTermInvestmentsInvested capitalCNY 3.85BResult 58.3% | 1.81xEBIT / PP&E · 2024-12-31Operating income / net PP&EOperating incomeCNY 2.73BoperatingIncomeNet PP&ECNY 1.51BpropertyPlantAndEquipmentNetResult 1.81x |
| 2025 | 29.0%Physical asset ratio · 2025-12-31(Net PP&E + inventory) / total assetsNet PP&ECNY 1.48BpropertyPlantAndEquipmentNetInventoryCNY 2.41BinventoryTotal assetsCNY 13.42BtotalAssetsResult 29.0% | 15.34xFixed asset turnover · 2025-12-31Revenue / net PP&ERevenueCNY 22.77BtotalRevenueNet PP&ECNY 1.48BpropertyPlantAndEquipmentNetResult 15.34x | 1.35xCapex / D&A · 2025-12-31Capital expenditures / depreciation and amortizationCapexCNY 200.57McapitalExpendituresD&ACNY 148.48MdepreciationAndAmortizationResult 1.35x | CNY 7.45Tangible book / share · 2025-12-31(Total assets − goodwill − intangibles − liabilities) / sharesTotal assetsCNY 13.42BtotalAssetsGoodwillCNY 0.00Not reported, treated as 0IntangiblesCNY 390.43MintangibleAssetsLiabilitiesCNY 7.10BtotalLiabTangible bookCNY 5.93BShares796,021,336commonStockSharesOutstandingGoodwill was not reported and is treated as zero.Result CNY 7.45 | 184.56xFixed-charge coverage · 2025-12-31(EBITDA − capex) / interestEBITDACNY 2.74BebitdaCapexCNY 200.57McapitalExpendituresInterestCNY 13.74MinterestExpenseEBITDA − capexCNY 2.54BShort-term debt was not reported, so the denominator is interest only.Result 184.56x | CNY 2.45BFree cash flow · 2025-12-31Reported free cash flowOperating cash flowCNY 2.65BtotalCashFromOperatingActivitiesCapexCNY 200.57McapitalExpendituresFree cash flowCNY 2.45BfreeCashFlowFree cash flow is the amount reported on the cash-flow statement.Result CNY 2.45B | —ROIC · 2025-12-31Operating income × (1 − tax rate) / (equity + debt − cash)Operating incomeCNY 2.59BoperatingIncomeTax expenseCNY 490.81MincomeTaxExpensePretax incomeCNY 2.59BincomeBeforeTaxTax rate19.0%EquityCNY 6.28BtotalStockholderEquityDebt—Not reportedCashCNY 1.98BcashInvested capital—Result — | 1.74xEBIT / PP&E · 2025-12-31Operating income / net PP&EOperating incomeCNY 2.59BoperatingIncomeNet PP&ECNY 1.48BpropertyPlantAndEquipmentNetResult 1.74x |
- Receivables are larger than the physical asset base, so a finance or credit book may sit outside the physical ratio and inside the debt used for coverage.
- Fixed-charge coverage is EBITDA minus capex, divided by interest. Short-term debt was not reported, so principal due is left out.
Latest year inputs (2025)
Net PP&E: CNY 1.48B
Inventory: CNY 2.41B
Total assets: CNY 13.42B
Goodwill: CNY 0.00
Intangibles: CNY 390.43M
Liabilities: CNY 7.10B
Tangible book: CNY 5.93B
Shares: 796,021,336
Revenue: CNY 22.77B
Capex: CNY 200.57M
D&A: CNY 148.48M
EBITDA: CNY 2.74B
Interest: CNY 13.74M
Short-term debt: —
Free cash flow: CNY 2.45B
Operating income: CNY 2.59B
Invested capital: —
Tax rate: 19.0%