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	May '26 May 7, 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	3,051	3,124	2,936	3,700	4,945	3,554
Market Cap Growth	-8.22%	6.38%	-20.63%	-25.19%	39.16%	-9.32%
Enterprise Value	4,245	4,311	4,334	4,749	4,632	3,479
Last Close Price	9.67	9.90	9.29	11.50	15.21	12.70
PE Ratio	24.69	75.30	67.25	26.05	25.17	23.74
Forward PE	22.49	19.30	19.30	19.30	19.30	19.30
PS Ratio	1.09	1.14	1.05	1.36	2.05	1.69
PB Ratio	1.14	1.18	1.11	1.40	1.95	1.54
P/TBV Ratio	1.32	1.37	1.31	1.59	2.19	1.63
P/FCF Ratio	48.69	36.16	-	-	-	-
P/OCF Ratio	4.35	4.17	4.50	10.74	16.43	9.90
EV/Sales Ratio	1.52	1.57	1.55	1.75	1.92	1.65
EV/EBITDA Ratio	9.93	11.06	11.50	12.33	14.29	12.42
EV/EBIT Ratio	33.76	37.57	36.00	23.24	23.93	20.78
EV/FCF Ratio	67.74	49.91	-	-	-	-
Debt / Equity Ratio	0.64	0.62	0.77	0.55	0.19	0.12
Debt / EBITDA Ratio	4.03	3.99	5.15	3.64	1.45	0.96
Debt / FCF Ratio	27.49	19.00	-	-	-	-
Net Debt / Equity Ratio	0.37	0.35	0.45	0.36	-0.09	-0.27
Net Debt / EBITDA Ratio	2.45	2.39	3.19	2.47	-0.69	-2.24
Net Debt / FCF Ratio	15.88	10.79	-5.05	-1.66	0.52	6.11
Asset Turnover	0.48	0.46	0.47	0.56	0.65	0.70
Inventory Turnover	4.39	3.86	3.32	3.39	4.39	5.14
Quick Ratio	0.58	0.64	0.59	0.39	0.78	1.19
Current Ratio	0.97	1.12	0.99	0.90	1.29	1.72
Return on Equity (ROE)	4.96%	0.53%	0.56%	5.40%	8.29%	8.00%
Return on Assets (ROA)	1.35%	1.19%	1.27%	2.65%	3.27%	3.45%
Return on Invested Capital (ROIC)	3.47%	3.09%	3.23%	5.59%	9.04%	9.58%
Return on Capital Employed (ROCE)	2.90%	2.50%	2.70%	5.10%	6.70%	6.30%
Earnings Yield	4.74%	1.33%	1.49%	3.84%	3.97%	4.21%
FCF Yield	2.05%	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	16.84%	62.66%	193.43%	50.13%	26.89%	32.47%
Buyback Yield / Dilution	-17.01%	-11.54%	-0.02%	0.29%	-17.76%	-1.95%
Total Shareholder Return	-16.80%	-11.33%	0.21%	1.47%	-16.53%	-0.83%

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