QFIN Valuations

Quarterly trend of key valuation metrics

Metric	Current (TTM) TTM Baseline	Q2 '26 30.06.2026	Q1 '26 31.03.2026	Q4 '25 31.12.2025
Market & Enterprise Value
Market Cap	753.81M EUR	3.84B EUR	3.14B EUR	4.7B EUR
Enterprise Value	-2.48B EUR	2.67B EUR	-336.15M EUR	3.83B EUR
Valuation Multiples
Trailing P/E	1.48x	1.03x	0.62x	1.12x
Forward P/E	2.16x	--	--	--
Price to Sales	0.04x	0.29x	0.21x	0.39x
Price to Book	0.2x	0.16x	0.13x	0.19x
EV/Revenue	-0.15x	0.2x	-0.02x	0.32x
EV/EBITDA	-0.42x	--	--	--
Price to FCF (P/FCF)	0.05x	0.45x	0.31x	0.58x
EV/FCF	-0.16x	0.31x	-0.03x	0.48x
FCF Yield	2,042.93%	223.65%	322.39%	171.07%