New Hope Dairy 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	Jan '23 Jan 1, 2023	Jan '22 Jan 1, 2022	Dec '20 Dec 31, 2020
Market Capitalization	15,923	12,488	9,940	11,465	13,824	15,034
Market Cap Growth	20.92%	25.64%	-13.30%	-17.07%	-8.04%	40.21%
Enterprise Value	18,166	15,525	13,497	15,664	17,486	17,676
Last Close Price	18.50	14.22	11.05	12.66	15.16	16.67
PE Ratio	23.44	23.23	23.07	31.74	44.27	55.48
Forward PE	22.34	20.32	18.10	24.50	32.98	47.60
PS Ratio	1.45	1.17	0.91	1.15	1.54	2.23
PB Ratio	4.24	3.97	3.77	4.30	4.82	5.26
P/TBV Ratio	7.83	8.98	11.38	20.76	18.81	14.39
P/FCF Ratio	16.51	15.13	12.72	38.04	40.69	176.86
P/OCF Ratio	10.20	8.37	6.38	11.09	13.36	20.90
EV/Sales Ratio	1.66	1.46	1.23	1.57	1.95	2.62
EV/EBITDA Ratio	12.62	11.75	11.62	17.58	22.60	27.53
EV/EBIT Ratio	17.91	17.42	19.22	34.75	45.39	61.02
EV/FCF Ratio	18.83	18.81	17.27	51.98	51.46	207.94
Debt / Equity Ratio	0.79	0.99	1.43	1.65	1.48	1.38
Debt / EBITDA Ratio	2.06	2.33	3.11	4.77	5.37	6.14
Debt / FCF Ratio	3.07	3.78	4.81	14.58	12.48	46.35
Net Debt / Equity Ratio	0.58	0.82	1.24	1.46	1.30	1.14
Net Debt / EBITDA Ratio	1.53	1.95	2.81	4.38	4.81	5.08
Net Debt / FCF Ratio	2.25	3.12	4.18	12.94	10.96	38.35
Asset Turnover	1.18	1.20	1.19	1.05	0.99	0.97
Inventory Turnover	11.67	10.52	10.63	10.35	11.90	13.00
Quick Ratio	0.41	0.32	0.30	0.26	0.28	0.36
Current Ratio	0.59	0.54	0.50	0.50	0.48	0.54
Return on Equity (ROE)	20.50%	19.01%	16.50%	13.08%	11.91%	11.77%
Return on Assets (ROA)	6.81%	6.25%	4.76%	2.97%	2.66%	2.60%
Return on Invested Capital (ROIC)	15.26%	13.10%	9.69%	6.11%	5.49%	5.56%
Return on Capital Employed (ROCE)	18.70%	17.30%	14.30%	8.60%	7.40%	5.60%
Earnings Yield	4.31%	4.31%	4.33%	3.15%	2.26%	1.80%
FCF Yield	6.06%	6.61%	7.86%	2.63%	2.46%	0.56%
Dividend Yield	1.73%	2.00%	1.36%	0.67%	0.50%	0.42%
Payout Ratio	45.97%	41.66%	48.43%	54.88%	52.31%	52.97%
Buyback Yield / Dilution	-1.36%	-0.65%	-0.18%	0.84%	-2.43%	-0.76%
Total Shareholder Return	0.36%	1.35%	1.17%	1.51%	-1.93%	-0.34%

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