Tianneng Battery 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	Mar '26 Mar 20, 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	32,345	32,219	26,429	27,141	35,715	41,606
Market Cap Growth	11.38%	21.91%	-2.62%	-24.01%	-14.16%	-
Enterprise Value	20,835	20,709	18,835	19,525	28,640	34,620
Last Close Price	33.35	33.22	26.80	26.80	34.68	39.72
PE Ratio	20.34	20.26	17.00	11.78	18.72	30.38
Forward PE	13.50	14.12	9.54	10.25	-	-
PS Ratio	0.71	0.70	0.59	0.57	0.85	1.08
PB Ratio	1.88	1.88	1.63	1.74	2.54	3.27
P/TBV Ratio	2.04	2.04	1.78	1.89	2.84	3.68
P/FCF Ratio	-	-	6.08	-	-	28.99
P/OCF Ratio	-	-	4.03	10.71	20.96	12.05
EV/Sales Ratio	0.45	0.45	0.42	0.41	0.68	0.89
EV/EBITDA Ratio	7.60	7.55	6.98	6.92	10.80	19.66
EV/EBIT Ratio	11.45	11.38	10.61	9.26	14.27	28.39
EV/FCF Ratio	-	-	4.34	-	-	24.12
Debt / Equity Ratio	0.46	0.46	0.53	0.27	0.21	0.14
Debt / EBITDA Ratio	2.87	2.87	3.16	1.48	1.08	0.97
Debt / FCF Ratio	-	-	1.97	-	-	1.20
Net Debt / Equity Ratio	-0.69	-0.69	-0.67	-0.47	-0.60	-0.79
Net Debt / EBITDA Ratio	-4.31	-4.31	-4.03	-2.61	-3.19	-5.69
Net Debt / FCF Ratio	-	-	-2.50	12.18	9.71	-6.99
Asset Turnover	-	-	1.12	1.40	1.42	1.67
Inventory Turnover	-	-	6.25	7.10	7.33	8.44
Quick Ratio	-	-	0.93	0.91	0.96	1.18
Current Ratio	-	-	1.22	1.29	1.36	1.54
Return on Equity (ROE)	9.53%	9.53%	9.98%	14.34%	13.72%	13.34%
Return on Assets (ROA)	-	-	2.77%	3.86%	4.25%	3.29%
Return on Invested Capital (ROIC)	29.40%	29.35%	19.65%	23.48%	37.45%	38.16%
Return on Capital Employed (ROCE)	-	-	9.10%	11.50%	12.50%	8.50%
Earnings Yield	4.92%	4.94%	5.88%	8.49%	5.34%	3.29%
FCF Yield	-	-	16.44%	-2.23%	-2.44%	3.45%
Dividend Yield	1.29%	-	1.53%	2.43%	1.73%	1.51%
Payout Ratio	25.00%	-	57.74%	34.07%	42.18%	55.05%
Buyback Yield / Dilution	0.17%	0.17%	0.08%	0.12%	-0.96%	-12.52%
Total Shareholder Return	1.46%	0.17%	1.61%	2.55%	0.77%	-11.00%

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