Beijing Jingneng Thermal 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	Jun '26 Jun 23, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Jan '23 Jan 1, 2023	Dec '21 Dec 31, 2021
Market Capitalization	2,779	2,950	2,660	2,866	1,714	1,793
Market Cap Growth	-0.75%	10.90%	-7.18%	67.23%	-4.41%	1.07%
Enterprise Value	2,951	3,040	2,548	3,133	2,220	2,420
PE Ratio	42.09	47.37	39.84	52.47	55.49	65.47
PS Ratio	2.01	2.21	2.49	2.64	1.67	1.78
PB Ratio	1.71	2.06	2.23	2.51	2.56	2.81
P/FCF Ratio	-	538.13	12.74	11.76	9.72	13.67
P/OCF Ratio	37.79	20.43	11.16	11.00	6.65	7.45
EV/Sales Ratio	2.14	2.28	2.38	2.89	2.16	2.41
EV/EBITDA Ratio	14.16	15.16	13.13	15.98	13.54	14.10
EV/EBIT Ratio	25.41	26.79	22.89	29.39	31.56	31.32
EV/FCF Ratio	-	554.53	12.20	12.86	12.59	18.46
Debt / Equity Ratio	0.27	0.30	0.28	0.36	0.77	0.98
Debt / EBITDA Ratio	2.11	2.11	1.67	2.08	3.07	3.53
Debt / FCF Ratio	-	78.77	1.58	1.69	2.91	4.77
Net Debt / Equity Ratio	-0.03	-0.33	-0.51	-0.36	0.33	0.66
Net Debt / EBITDA Ratio	-0.22	-2.34	-3.12	-2.08	1.33	2.46
Net Debt / FCF Ratio	0.41	-85.60	-2.90	-1.67	1.24	3.22
Quick Ratio	1.41	1.16	1.31	1.24	0.59	0.47
Current Ratio	1.48	1.23	1.41	1.30	0.72	0.62
Asset Turnover	0.50	0.49	0.44	0.48	0.50	0.47
Return on Equity (ROE)	5.00%	5.80%	5.79%	6.14%	4.72%	4.46%
Return on Assets (ROA)	2.61%	2.58%	2.86%	2.97%	2.13%	2.27%
Return on Capital Employed (ROCE)	6.40%	7.10%	8.00%	7.80%	8.90%	8.20%
Earnings Yield	2.34%	2.11%	2.51%	1.91%	1.80%	1.53%
FCF Yield	-3.99%	0.19%	7.85%	8.50%	10.29%	7.32%
Dividend Yield	0.90%	0.82%	1.03%	0.76%	0.53%	-
Payout Ratio	57.12%	51.23%	46.22%	44.02%	105.57%	99.29%
Buyback Yield / Dilution	2.67%	2.83%	-27.13%	-2.04%	-5.25%	4.08%
Total Shareholder Return	3.57%	3.65%	-26.11%	-1.28%	-4.73%	4.08%