Xinjiang Tianrun Dairy Ratios and Metrics

Market cap in millions CNY. Fiscal year is January - December.

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	Current	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Mar '26 Mar 27, 2026	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Market Capitalization	2,969	2,936	3,700	4,945	3,554	3,919
Market Cap Growth	-4.24%	-20.63%	-25.19%	39.16%	-9.32%	37.11%
Enterprise Value	4,157	4,334	4,749	4,632	3,479	3,757
Last Close Price	9.41	9.29	11.50	15.21	12.70	13.84
PE Ratio	275.19	67.25	26.05	25.17	23.74	26.58
Forward PE	36.19	19.30	19.30	19.30	19.30	19.30
PS Ratio	1.09	1.05	1.36	2.05	1.69	2.22
PB Ratio	1.14	1.11	1.40	1.95	1.54	2.27
P/TBV Ratio	1.33	1.31	1.59	2.19	1.63	2.57
P/OCF Ratio	4.42	4.50	10.74	16.43	9.90	17.97
EV/Sales Ratio	1.53	1.55	1.75	1.92	1.65	2.13
EV/EBITDA Ratio	9.14	11.57	12.33	14.29	12.42	13.61
EV/EBIT Ratio	33.59	36.00	23.24	23.93	20.78	20.48
Debt / Equity Ratio	0.66	0.77	0.55	0.19	0.12	0.06
Debt / EBITDA Ratio	3.77	5.17	3.64	1.45	0.96	0.36
Net Debt / Equity Ratio	0.38	0.45	0.36	-0.09	-0.27	-0.16
Net Debt / EBITDA Ratio	2.29	3.20	2.47	-0.69	-2.24	-0.98
Net Debt / FCF Ratio	-2854.41	-5.05	-1.66	0.52	6.11	1.19
Asset Turnover	0.47	0.47	0.56	0.65	0.70	0.77
Inventory Turnover	4.49	3.32	3.39	4.39	5.14	5.60
Quick Ratio	0.66	0.59	0.39	0.78	1.19	0.68
Current Ratio	1.07	0.99	0.90	1.29	1.72	1.13
Return on Equity (ROE)	-0.91%	0.56%	5.40%	8.29%	8.00%	10.59%
Return on Assets (ROA)	1.30%	1.27%	2.65%	3.27%	3.45%	4.97%
Return on Invested Capital (ROIC)	3.34%	3.23%	5.59%	9.04%	9.58%	12.45%
Return on Capital Employed (ROCE)	2.70%	2.70%	5.10%	6.70%	6.30%	9.70%
Earnings Yield	0.36%	1.49%	3.84%	3.97%	4.21%	3.76%
FCF Yield	-0.01%	-8.09%	-15.50%	-8.62%	-2.90%	-5.81%
Dividend Yield	0.23%	0.23%	1.18%	1.23%	1.13%	1.19%
Payout Ratio	270.18%	193.43%	50.13%	26.89%	32.47%	32.11%
Buyback Yield / Dilution	0.10%	-0.02%	0.29%	-17.76%	-1.95%	-26.46%
Total Shareholder Return	0.33%	0.21%	1.47%	-16.53%	-0.83%	-25.27%

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