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	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	29,561	32,219	26,429	27,141	35,715	41,606
Market Cap Growth	9.84%	21.91%	-2.62%	-24.01%	-14.16%	-
Enterprise Value	14,562	20,709	18,835	19,525	28,640	34,620
Last Close Price	30.48	33.22	26.80	26.80	34.68	39.72
PE Ratio	18.59	20.25	17.00	11.78	18.72	30.38
Forward PE	14.76	14.12	9.54	10.25	-	-
PS Ratio	0.65	0.70	0.59	0.57	0.85	1.08
PB Ratio	1.70	1.86	1.63	1.74	2.54	3.27
P/TBV Ratio	1.85	2.01	1.78	1.89	2.84	3.68
P/FCF Ratio	5.97	6.50	6.08	-	-	28.99
P/OCF Ratio	4.72	5.14	4.03	10.71	20.96	12.05
EV/Sales Ratio	0.32	0.45	0.42	0.41	0.68	0.89
EV/EBITDA Ratio	5.95	8.48	6.97	6.92	10.80	19.66
EV/EBIT Ratio	10.34	14.71	10.61	9.26	14.27	28.39
EV/FCF Ratio	2.94	4.18	4.34	-	-	24.12
Debt / Equity Ratio	0.24	0.24	0.53	0.27	0.21	0.14
Debt / EBITDA Ratio	1.69	1.69	3.15	1.48	1.08	0.97
Debt / FCF Ratio	0.84	0.84	1.97	-	-	1.20
Net Debt / Equity Ratio	-0.88	-0.88	-0.67	-0.47	-0.60	-0.79
Net Debt / EBITDA Ratio	-6.27	-6.27	-4.02	-2.61	-3.19	-5.69
Net Debt / FCF Ratio	-3.09	-3.09	-2.50	12.18	9.71	-6.99
Asset Turnover	1.03	1.03	1.12	1.40	1.42	1.67
Inventory Turnover	6.50	6.50	6.25	7.10	7.33	8.44
Quick Ratio	1.00	1.00	0.93	0.91	0.96	1.18
Current Ratio	1.24	1.24	1.22	1.29	1.36	1.54
Return on Equity (ROE)	9.64%	9.64%	9.98%	14.34%	13.72%	13.34%
Return on Assets (ROA)	1.98%	1.98%	2.77%	3.86%	4.25%	3.29%
Return on Invested Capital (ROIC)	33.41%	33.32%	19.65%	23.48%	37.45%	38.16%
Return on Capital Employed (ROCE)	7.20%	7.20%	9.10%	11.50%	12.50%	8.50%
Earnings Yield	5.38%	4.94%	5.88%	8.49%	5.34%	3.29%
FCF Yield	16.76%	15.38%	16.44%	-2.23%	-2.44%	3.45%
Dividend Yield	1.80%	1.66%	1.53%	2.43%	1.73%	1.51%
Payout Ratio	33.83%	33.83%	57.74%	34.07%	42.18%	55.05%
Buyback Yield / Dilution	0.12%	0.12%	0.08%	0.12%	-0.96%	-12.52%
Total Shareholder Return	1.92%	1.78%	1.61%	2.55%	0.77%	-11.00%

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