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 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Apr '26 Apr 17, 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	2,982	3,124	2,936	3,700	4,945	3,554
Market Cap Growth	-9.71%	6.38%	-20.63%	-25.19%	39.16%	-9.32%
Enterprise Value	4,115	4,311	4,334	4,749	4,632	3,479
Last Close Price	9.45	9.90	9.29	11.50	15.21	12.70
PE Ratio	80.15	75.30	67.25	26.05	25.17	23.74
Forward PE	21.98	19.30	19.30	19.30	19.30	19.30
PS Ratio	1.08	1.14	1.05	1.36	2.05	1.69
PB Ratio	1.13	1.18	1.11	1.40	1.95	1.54
P/TBV Ratio	1.31	1.37	1.31	1.59	2.19	1.63
P/FCF Ratio	34.52	36.16	-	-	-	-
P/OCF Ratio	3.98	4.17	4.50	10.74	16.43	9.90
EV/Sales Ratio	1.50	1.57	1.55	1.75	1.92	1.65
EV/EBITDA Ratio	9.99	11.06	11.50	12.33	14.29	12.42
EV/EBIT Ratio	35.86	37.57	36.00	23.24	23.93	20.78
EV/FCF Ratio	47.64	49.91	-	-	-	-
Debt / Equity Ratio	0.62	0.62	0.77	0.55	0.19	0.12
Debt / EBITDA Ratio	3.99	3.99	5.15	3.64	1.45	0.96
Debt / FCF Ratio	19.00	19.00	-	-	-	-
Net Debt / Equity Ratio	0.35	0.35	0.45	0.36	-0.09	-0.27
Net Debt / EBITDA Ratio	2.39	2.39	3.19	2.47	-0.69	-2.24
Net Debt / FCF Ratio	10.79	10.79	-5.05	-1.66	0.52	6.11
Asset Turnover	0.46	0.46	0.47	0.56	0.65	0.70
Inventory Turnover	3.86	3.86	3.32	3.39	4.39	5.14
Quick Ratio	0.64	0.64	0.59	0.39	0.78	1.19
Current Ratio	1.12	1.12	0.99	0.90	1.29	1.72
Return on Equity (ROE)	0.53%	0.53%	0.56%	5.40%	8.29%	8.00%
Return on Assets (ROA)	1.19%	1.19%	1.27%	2.65%	3.27%	3.45%
Return on Invested Capital (ROIC)	3.20%	3.09%	3.23%	5.59%	9.04%	9.58%
Return on Capital Employed (ROCE)	2.50%	2.50%	2.70%	5.10%	6.70%	6.30%
Earnings Yield	1.39%	1.33%	1.49%	3.84%	3.97%	4.21%
FCF Yield	2.90%	2.77%	-8.09%	-15.50%	-8.62%	-2.90%
Dividend Yield	0.21%	0.20%	0.23%	1.18%	1.23%	1.13%
Payout Ratio	62.66%	62.66%	193.43%	50.13%	26.89%	32.47%
Buyback Yield / Dilution	-11.54%	-11.54%	-0.02%	0.29%	-17.76%	-1.95%
Total Shareholder Return	-11.33%	-11.33%	0.21%	1.47%	-16.53%	-0.83%

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