Black Peony (Group) 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	Feb '26 Feb 26, 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	10,795	4,882	5,698	6,684	7,592	6,892
Market Cap Growth	126.34%	-14.31%	-14.75%	-11.96%	10.16%	1.34%
Enterprise Value	19,887	14,236	13,801	14,417	12,595	11,817
Last Close Price	10.46	4.73	5.42	6.11	6.73	5.90
PE Ratio	105.39	40.45	15.64	10.94	11.46	8.64
Forward PE	-	8.41	8.41	8.41	8.41	8.41
PS Ratio	1.98	1.01	0.78	0.58	0.77	0.75
PB Ratio	0.97	0.44	0.52	0.61	0.71	0.67
P/TBV Ratio	1.05	0.48	0.57	0.68	0.91	0.87
P/FCF Ratio	10.14	11.26	-	-	-	8.06
P/OCF Ratio	8.54	8.69	-	-	-	7.43
EV/Sales Ratio	3.65	2.96	1.88	1.25	1.28	1.28
EV/EBITDA Ratio	25.60	22.22	19.51	9.75	8.14	7.18
EV/EBIT Ratio	28.50	25.61	22.46	10.48	8.78	7.68
EV/FCF Ratio	18.67	32.83	-	-	-	13.82
Debt / Equity Ratio	0.93	0.98	1.01	1.02	0.88	0.72
Debt / EBITDA Ratio	13.42	17.06	15.68	7.49	6.04	4.45
Debt / FCF Ratio	9.79	25.23	-	-	-	8.57
Net Debt / Equity Ratio	0.75	0.66	0.65	0.68	0.52	0.22
Net Debt / EBITDA Ratio	10.72	11.49	10.12	5.03	3.61	1.37
Net Debt / FCF Ratio	7.82	16.98	-6.34	-5.55	-2.89	2.64
Asset Turnover	0.19	0.16	0.24	0.35	0.29	0.29
Inventory Turnover	0.52	0.45	0.61	0.70	0.51	0.51
Quick Ratio	1.28	1.29	1.29	0.93	0.70	0.74
Current Ratio	2.18	2.20	2.19	1.73	1.69	1.55
Return on Equity (ROE)	3.00%	2.82%	3.93%	7.82%	8.13%	12.91%
Return on Assets (ROA)	1.52%	1.18%	1.25%	2.59%	2.61%	2.98%
Return on Invested Capital (ROIC)	1.55%	1.27%	1.85%	5.58%	7.03%	8.92%
Return on Capital Employed (ROCE)	3.80%	3.00%	3.30%	8.30%	8.30%	10.00%
Earnings Yield	0.97%	2.47%	6.39%	9.14%	8.73%	11.58%
FCF Yield	9.87%	8.88%	-19.81%	-20.05%	-25.40%	12.41%
Dividend Yield	0.39%	0.87%	2.31%	3.44%	3.42%	3.90%
Payout Ratio	453.75%	472.95%	181.77%	117.98%	92.31%	79.53%
Buyback Yield / Dilution	-5.44%	3.37%	1.17%	-1.74%	-2.51%	1.77%
Total Shareholder Return	-5.02%	4.24%	3.48%	1.70%	0.90%	5.67%

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