Changbai Mountain Tourism 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 12, 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	11,099	11,232	3,995	2,896	2,923	2,109
Market Cap Growth	12.06%	181.18%	37.94%	-0.91%	38.56%	-20.42%
Enterprise Value	10,878	11,008	3,823	2,896	2,854	2,038
Last Close Price	40.75	42.03	14.89	10.80	10.90	7.86
PE Ratio	75.25	77.86	28.93	-	-	-
Forward PE	66.26	17.40	17.40	17.40	17.40	17.40
PS Ratio	14.14	15.11	6.44	14.88	15.18	14.29
PB Ratio	8.52	9.67	3.84	3.20	3.03	2.07
P/TBV Ratio	10.31	11.31	4.62	3.98	3.72	2.54
P/FCF Ratio	410.11	268.17	24.41	-	-	-
P/OCF Ratio	57.28	54.66	15.94	807.86	-	-
EV/Sales Ratio	13.86	14.81	6.16	14.88	14.82	13.81
EV/EBITDA Ratio	38.06	39.35	15.94	-	-	-
EV/EBIT Ratio	51.46	51.08	20.71	-	-	-
EV/FCF Ratio	401.95	262.83	23.37	-	-	-
Debt / Equity Ratio	0.11	0.12	0.07	0.10	0.09	0.12
Debt / EBITDA Ratio	0.50	0.50	0.32	-	-	-
Debt / FCF Ratio	5.32	3.40	0.47	-	-	-
Net Debt / Equity Ratio	-0.18	-0.12	-0.13	0.03	-0.03	-0.06
Net Debt / EBITDA Ratio	-0.82	-0.52	-0.56	-1.08	1.81	4.96
Net Debt / FCF Ratio	-8.60	-3.44	-0.82	-0.54	1.21	1.27
Asset Turnover	0.51	0.56	0.54	0.18	0.17	0.12
Inventory Turnover	25.26	29.74	30.07	19.97	19.14	14.41
Quick Ratio	1.48	1.59	2.09	1.52	3.02	2.34
Current Ratio	1.80	1.93	2.52	1.85	3.33	2.51
Return on Equity (ROE)	11.60%	13.11%	14.19%	-6.13%	-5.21%	-5.32%
Return on Assets (ROA)	8.62%	10.06%	10.02%	-4.22%	-3.89%	-3.48%
Return on Invested Capital (ROIC)	13.81%	16.24%	15.32%	-7.88%	-7.61%	-7.32%
Return on Capital Employed (ROCE)	15.50%	17.70%	16.80%	-7.50%	-6.90%	-6.40%
Earnings Yield	1.31%	1.28%	3.46%	-1.98%	-1.77%	-2.65%
FCF Yield	0.24%	0.37%	4.10%	-1.53%	-0.80%	-2.23%
Dividend Yield	0.20%	0.19%	0.52%	-	-	-
Payout Ratio	17.35%	16.38%	2.67%	-	-	-
Buyback Yield / Dilution	-0.63%	-0.61%	-1.79%	3.98%	-2.27%	1.17%
Total Shareholder Return	-0.43%	-0.42%	-1.26%	3.98%	-2.27%	1.17%

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