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	Apr '26 Apr 29, 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	11,414	8,659	4,882	5,698	6,684	7,592
Market Cap Growth	118.24%	77.36%	-14.31%	-14.75%	-11.96%	10.16%
Enterprise Value	20,461	17,751	14,236	13,801	14,417	12,595
Last Close Price	11.06	8.39	4.73	5.42	6.11	6.73
PE Ratio	184.33	129.62	40.45	15.64	10.94	11.46
Forward PE	-	8.41	8.41	8.41	8.41	8.41
PS Ratio	2.52	1.91	1.01	0.78	0.58	0.77
PB Ratio	1.03	0.78	0.44	0.52	0.61	0.71
P/TBV Ratio	1.11	0.84	0.48	0.57	0.68	0.91
P/FCF Ratio	-	-	11.26	-	-	-
P/OCF Ratio	-	-	8.69	-	-	-
EV/Sales Ratio	4.52	3.92	2.96	1.88	1.25	1.28
EV/EBITDA Ratio	32.24	28.20	22.22	19.51	9.75	8.14
EV/EBIT Ratio	37.62	32.64	25.61	22.46	10.48	8.78
EV/FCF Ratio	-51.05	-	32.83	-	-	-
Debt / Equity Ratio	0.48	0.91	0.98	1.01	1.02	0.88
Debt / EBITDA Ratio	9.79	15.90	17.06	15.68	7.49	6.04
Debt / FCF Ratio	29.77	-	25.23	-	-	-
Net Debt / Equity Ratio	0.32	0.74	0.66	0.65	0.68	0.52
Net Debt / EBITDA Ratio	6.64	13.05	11.49	10.12	5.03	3.61
Net Debt / FCF Ratio	19.99	-20.49	16.98	-6.34	-5.55	-2.89
Asset Turnover	0.16	0.16	0.16	0.24	0.35	0.29
Inventory Turnover	0.44	0.45	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)	1.02%	1.21%	1.18%	1.25%	2.59%	2.61%
Return on Invested Capital (ROIC)	1.26%	1.24%	1.27%	1.85%	5.58%	7.03%
Return on Capital Employed (ROCE)	2.90%	3.20%	3.00%	3.30%	8.30%	8.30%
Earnings Yield	0.59%	0.77%	2.47%	6.39%	9.14%	8.73%
FCF Yield	-3.51%	-4.63%	8.88%	-19.81%	-20.05%	-25.40%
Dividend Yield	0.37%	-	0.87%	2.31%	3.44%	3.42%
Payout Ratio	601.03%	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	-14.43%	-10.68%	4.24%	3.48%	1.70%	0.90%

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