Mingxin New Material 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 22, 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	4,444	4,147	2,161	3,625	4,925	6,023
Market Cap Growth	58.16%	91.93%	-40.39%	-26.40%	-18.22%	10.24%
Enterprise Value	5,183	4,683	2,818	3,745	4,535	5,442
Last Close Price	27.40	25.57	13.45	22.44	29.55	35.47
PE Ratio	300.07	280.02	-	65.81	48.99	36.86
Forward PE	44.92	52.18	20.08	26.25	28.26	19.13
PS Ratio	3.00	2.80	1.83	4.00	5.76	7.34
PB Ratio	2.60	2.43	1.30	1.93	2.57	3.42
P/TBV Ratio	2.85	2.66	1.42	2.10	2.79	3.67
P/OCF Ratio	138.57	129.32	149.83	63.29	60.29	93.21
EV/Sales Ratio	3.49	3.16	2.39	4.14	5.30	6.63
EV/EBITDA Ratio	60.99	66.10	-	35.03	32.81	27.99
EV/EBIT Ratio	-	-	-	80.02	49.50	34.81
Debt / Equity Ratio	0.74	0.74	0.66	0.56	0.48	0.26
Debt / EBITDA Ratio	14.81	14.81	-	9.08	6.37	2.28
Net Debt / Equity Ratio	0.43	0.43	0.35	0.14	-0.13	-0.21
Net Debt / EBITDA Ratio	10.36	10.36	-5.64	2.49	-1.76	-1.93
Net Debt / FCF Ratio	-11.33	-11.33	-2.59	-0.74	1.23	3.03
Asset Turnover	0.40	0.40	0.34	0.27	0.29	0.34
Inventory Turnover	1.64	1.64	1.37	1.02	0.98	1.03
Quick Ratio	1.03	1.03	1.17	2.02	2.70	1.87
Current Ratio	1.69	1.69	1.96	3.19	3.77	2.78
Return on Equity (ROE)	0.86%	0.86%	-9.71%	2.90%	5.44%	9.40%
Return on Assets (ROA)	-0.61%	-0.61%	-3.12%	0.86%	1.91%	4.07%
Return on Invested Capital (ROIC)	-1.20%	-1.18%	-7.92%	2.45%	5.46%	11.89%
Return on Capital Employed (ROCE)	-1.40%	-1.40%	-6.80%	1.70%	3.40%	7.80%
Earnings Yield	0.33%	0.36%	-7.97%	1.52%	2.04%	2.71%
FCF Yield	-1.46%	-1.56%	-10.45%	-9.87%	-4.01%	-2.06%
Dividend Yield	-	-	-	-	0.34%	0.85%
Payout Ratio	-	101.11%	-	51.32%	60.01%	81.02%
Buyback Yield / Dilution	-1.33%	-1.33%	2.70%	-1.28%	1.15%	-30.04%
Total Shareholder Return	-1.33%	-1.33%	2.70%	-1.28%	1.48%	-29.20%

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.