Tangel Culture 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	Mar '26 Mar 9, 2026	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Jan '23 Jan 1, 2023	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Market Capitalization	3,921	2,972	3,149	3,057	4,514	2,920
Market Cap Growth	12.69%	-5.63%	3.00%	-32.27%	54.56%	-9.68%
Enterprise Value	3,447	2,815	2,770	2,703	4,285	2,568
Last Close Price	4.70	3.63	3.77	3.66	5.37	3.48
PE Ratio	54.82	90.60	-	-	-	-
Forward PE	-	6.12	6.12	6.12	6.12	6.12
PS Ratio	7.68	6.45	7.03	5.05	8.93	3.45
PB Ratio	3.37	2.78	2.85	2.52	2.82	1.19
P/TBV Ratio	4.19	3.57	3.67	3.19	3.95	2.01
P/FCF Ratio	84.29	-	51.41	32.45	146.91	59.58
P/OCF Ratio	69.74	-	43.75	27.55	32.13	21.38
EV/Sales Ratio	6.75	6.11	6.18	4.46	8.48	3.03
EV/EBITDA Ratio	115.10	121.97	199.94	105.62	-	-
EV/EBIT Ratio	-	3190.15	-	-	-	-
EV/FCF Ratio	74.09	-	45.21	28.69	139.46	52.41
Debt / Equity Ratio	0.10	0.11	0.08	0.08	0.06	0.01
Debt / EBITDA Ratio	3.71	4.04	4.44	3.09	-	-
Debt / FCF Ratio	2.39	-	1.49	1.03	3.31	0.26
Net Debt / Equity Ratio	-0.52	-0.54	-0.59	-0.52	-0.32	-0.24
Net Debt / EBITDA Ratio	-24.70	-24.90	-47.41	-24.80	5.92	21.54
Net Debt / FCF Ratio	-13.06	9.28	-10.72	-6.74	-16.66	-11.90
Asset Turnover	0.36	0.32	0.29	0.34	0.21	0.25
Inventory Turnover	12.47	17.66	28.42	41.46	21.64	15.71
Quick Ratio	5.27	3.82	3.54	3.13	3.24	3.02
Current Ratio	5.74	4.07	3.66	3.31	3.55	3.30
Return on Equity (ROE)	5.96%	2.71%	-4.66%	-21.66%	-34.23%	-32.28%
Return on Assets (ROA)	0.19%	0.04%	-0.45%	-0.02%	-2.88%	-1.18%
Return on Invested Capital (ROIC)	0.76%	0.16%	-2.14%	-0.06%	-7.52%	-2.75%
Return on Capital Employed (ROCE)	0.30%	0.10%	-0.90%	0.00%	-6.40%	-2.60%
Earnings Yield	1.73%	1.10%	-1.90%	-10.77%	-15.03%	-31.62%
FCF Yield	1.19%	-2.08%	1.94%	3.08%	0.68%	1.68%
Payout Ratio	5.71%	11.73%	-	-	-	-
Buyback Yield / Dilution	9.09%	4.05%	-1.22%	-0.83%	0.26%	-7.36%
Total Shareholder Return	9.09%	4.05%	-1.22%	-0.83%	0.26%	-7.36%

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