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 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	May '26 May 21, 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	9,268	8,659	4,882	5,698	6,684	7,592
Market Cap Growth	68.80%	77.36%	-14.31%	-14.75%	-11.96%	10.16%
Enterprise Value	18,315	17,751	14,236	13,801	14,417	12,595
Last Close Price	8.98	8.39	4.73	5.42	6.11	6.73
PE Ratio	122.65	129.62	40.45	15.64	10.94	11.46
Forward PE	-	8.41	8.41	8.41	8.41	8.41
PS Ratio	2.12	1.91	1.01	0.78	0.58	0.77
PB Ratio	0.83	0.78	0.44	0.52	0.61	0.71
P/TBV Ratio	0.89	0.84	0.48	0.57	0.68	0.91
P/FCF Ratio	51.90	-	11.26	-	-	-
P/OCF Ratio	21.35	-	8.69	-	-	-
EV/Sales Ratio	4.20	3.92	2.96	1.88	1.25	1.28
EV/EBITDA Ratio	246.92	72.16	22.11	19.51	9.75	8.14
EV/EBIT Ratio	256.52	108.73	25.61	22.46	10.48	8.78
EV/FCF Ratio	102.56	-	32.83	-	-	-
Debt / Equity Ratio	0.92	0.97	0.98	1.01	1.02	0.88
Debt / EBITDA Ratio	137.79	43.11	16.98	15.68	7.49	6.04
Debt / FCF Ratio	57.23	-	25.23	-	-	-
Net Debt / Equity Ratio	0.76	0.80	0.66	0.65	0.68	0.52
Net Debt / EBITDA Ratio	-	35.96	11.43	10.12	5.03	3.61
Net Debt / FCF Ratio	47.45	-22.07	16.98	-6.34	-5.55	-2.89
Asset Turnover	0.16	0.16	0.16	0.24	0.35	0.29
Inventory Turnover	0.48	0.49	0.45	0.61	0.70	0.51
Quick Ratio	1.02	1.18	1.29	1.29	0.93	0.70
Current Ratio	1.70	1.94	2.20	2.19	1.73	1.69
Return on Equity (ROE)	1.13%	1.14%	2.82%	3.93%	7.82%	8.13%
Return on Assets (ROA)	0.16%	0.36%	1.18%	1.25%	2.59%	2.61%
Return on Invested Capital (ROIC)	0.17%	0.37%	1.27%	1.85%	5.58%	7.03%
Return on Capital Employed (ROCE)	0.50%	1.00%	3.00%	3.30%	8.30%	8.30%
Earnings Yield	0.91%	0.77%	2.47%	6.39%	9.14%	8.73%
FCF Yield	1.93%	-4.63%	8.88%	-19.81%	-20.05%	-25.40%
Dividend Yield	0.26%	0.27%	0.87%	2.31%	3.44%	3.42%
Payout Ratio	459.46%	601.03%	472.95%	181.77%	117.98%	92.31%
Buyback Yield / Dilution	-14.80%	-10.68%	3.37%	1.17%	-1.74%	-2.51%
Total Shareholder Return	-14.54%	-10.41%	4.24%	3.48%	1.70%	0.90%

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