Beijing Tongrentang 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
Period Ending	Apr '26 Apr 8, 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
Market Capitalization	37,894	44,244	55,668	73,648	61,277	61,689
Market Cap Growth	-24.30%	-20.52%	-24.41%	20.19%	-0.67%	88.20%
Enterprise Value	38,305	45,136	56,449	70,859	59,244	61,270
Last Close Price	27.63	32.26	40.04	51.61	42.68	42.71
PE Ratio	31.87	37.20	36.47	44.13	42.93	50.26
Forward PE	29.04	34.32	35.30	37.68	42.55	47.35
PS Ratio	2.20	2.56	2.99	4.12	3.99	4.22
PB Ratio	1.77	2.07	2.66	3.64	3.32	3.70
P/TBV Ratio	2.95	3.45	4.50	6.01	5.56	6.26
P/FCF Ratio	16.22	18.94	230.57	47.67	22.17	20.88
P/OCF Ratio	14.07	16.43	73.15	39.40	19.80	18.00
PEG Ratio	5.17	8.00	8.00	8.00	8.00	8.00
EV/Sales Ratio	2.22	2.62	3.04	3.97	3.85	4.20
EV/EBITDA Ratio	13.05	19.92	18.46	21.47	19.98	23.15
EV/EBIT Ratio	20.16	23.76	20.91	24.03	22.53	26.35
EV/FCF Ratio	16.40	19.33	233.81	45.86	21.43	20.73
Debt / Equity Ratio	0.17	0.17	0.21	0.16	0.16	0.20
Debt / EBITDA Ratio	1.26	1.26	1.20	0.83	0.85	1.07
Debt / FCF Ratio	1.58	1.58	18.23	2.07	1.08	1.14
Net Debt / Equity Ratio	-0.34	-0.34	-0.30	-0.44	-0.47	-0.39
Net Debt / EBITDA Ratio	-3.23	-3.23	-2.08	-2.71	-2.92	-2.47
Net Debt / FCF Ratio	-3.13	-3.13	-26.33	-5.78	-3.13	-2.22
Asset Turnover	0.56	0.56	0.61	0.63	0.59	0.62
Inventory Turnover	0.93	0.93	1.05	1.19	1.24	1.29
Quick Ratio	1.89	1.89	1.65	1.90	2.15	1.86
Current Ratio	3.59	3.59	3.12	3.26	3.25	2.88
Return on Equity (ROE)	7.73%	7.73%	11.08%	13.34%	12.55%	11.74%
Return on Assets (ROA)	3.84%	3.84%	5.51%	6.45%	6.31%	6.20%
Return on Invested Capital (ROIC)	10.70%	10.70%	16.97%	23.39%	21.40%	19.67%
Return on Capital Employed (ROCE)	7.90%	7.90%	11.40%	12.90%	12.70%	12.40%
Earnings Yield	3.14%	2.69%	2.74%	2.27%	2.33%	1.99%
FCF Yield	6.16%	5.28%	0.43%	2.10%	4.51%	4.79%
Dividend Yield	3.56%	3.10%	2.50%	0.97%	0.75%	0.68%
Payout Ratio	58.44%	58.44%	89.96%	28.95%	31.00%	37.27%
Buyback Yield / Dilution	-0.04%	-0.04%	-0.00%	-0.01%	0.02%	0.02%
Total Shareholder Return	3.59%	3.06%	2.50%	0.96%	0.77%	0.70%

Source: S&P Global Market Intelligence. Standard template. Financial Sources.