Pony Testing 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 5, 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	6,347	4,170	6,449	9,360	9,276	5,920
Market Cap Growth	67.09%	-35.35%	-31.09%	0.90%	56.70%	-
Enterprise Value	5,693	3,569	5,685	8,130	9,103	5,184
Last Close Price	11.63	7.64	11.72	16.72	19.17	12.19
PE Ratio	-	-	59.84	29.02	42.11	36.15
Forward PE	139.45	27.44	15.60	25.30	34.89	-
PS Ratio	4.70	2.71	2.61	2.49	4.62	4.15
PB Ratio	2.20	1.35	1.86	2.64	4.59	3.25
P/TBV Ratio	2.39	1.52	2.07	2.78	4.91	3.39
P/FCF Ratio	-	-	-	71.31	-	-
P/OCF Ratio	50.82	115.75	19.66	15.02	196.20	34.34
EV/Sales Ratio	4.22	2.32	2.30	2.16	4.54	3.64
EV/EBITDA Ratio	-	-	15.14	15.88	26.31	19.10
EV/EBIT Ratio	-	-	34.34	24.83	44.63	32.41
EV/FCF Ratio	-5507.60	-	-	61.95	-	-
Debt / Equity Ratio	0.07	0.08	0.08	0.06	0.15	-
Debt / EBITDA Ratio	-	-	0.73	0.41	0.78	-
Debt / FCF Ratio	-	-	-	1.73	-	-
Asset Turnover	0.37	0.38	0.56	1.03	0.82	0.83
Inventory Turnover	30.52	40.98	40.63	73.04	59.35	97.33
Quick Ratio	3.31	2.59	2.90	3.08	1.97	4.94
Current Ratio	3.51	2.72	3.01	3.18	2.11	5.18
Return on Equity (ROE)	-10.48%	-10.79%	3.11%	11.70%	11.47%	12.09%
Return on Assets (ROA)	-5.37%	-5.54%	2.33%	5.58%	5.21%	5.84%
Return on Invested Capital (ROIC)	-14.36%	-14.74%	6.14%	15.33%	11.99%	16.08%
Return on Capital Employed (ROCE)	-10.80%	-11.60%	4.60%	8.90%	9.70%	8.60%
Earnings Yield	-5.06%	-8.55%	1.67%	3.45%	2.38%	2.77%
FCF Yield	-0.02%	-3.37%	-3.55%	1.40%	-4.75%	-2.02%
Dividend Yield	-	-	0.51%	2.20%	0.61%	0.67%
Payout Ratio	-	-	190.53%	21.77%	18.33%	3.74%
Buyback Yield / Dilution	0.11%	0.02%	-3.77%	-12.38%	-20.07%	-10.93%
Total Shareholder Return	0.11%	0.02%	-3.26%	-10.18%	-19.46%	-10.26%

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