BABA.N JD.

O
70
日期 Alibaba PEPE historical percentile 日期 Jingdong PPS historical percentile
60
1/30/2015 50.5909 86.98% 1/30/2015 2.0735 93.02%
50
2/27/2015 48.3419 81.26% 2/27/2015 2.3097 96.70%
3/31/2015 47.2742 75.77% 40 3/31/2015 2.5700 99.18%
4/30/2015 46.1668 70.33% 30 4/30/2015 2.4389 97.91%
5/29/2015 56.6932 94.67% 20 5/29/2015 2.1932 94.29%
6/30/2015 52.2184 90.49% 10 6/30/2015 2.2205 95.16%
7/31/2015 49.7240 85.88% 0 7/31/2015 2.1509 93.79%
1/30/2015 10/30/2015 7/30/2016 4/30/2017 1/30/2018 10/30/2018 7/30/2019 4/3
8/31/2015 23.6531 25.00% 8/31/2015 1.4791 85.77%
9/30/2015 21.0667 18.13% 9/30/2015 1.4894 PE86.26%
historical percentile Alibaba PE ra
3.0
10/30/2015 21.3175 19.07% ### 1.5786 89.23%
11/30/2015 21.3811 19.29% 2.5 ### 1.6542 91.24%
12/31/2015 20.6666 16.87% 2.0
### 1.7397 92.31%
1/29/2016 15.7449 0.96% 1/29/2016 1.4035 81.70%
1.5
2/29/2016 16.1630 1.43% 2/29/2016 1.3862 79.89%
3/31/2016 18.5636 10.88% 1.0 3/31/2016 1.3014 71.37%
4/29/2016 18.0726 8.85% 0.5 4/29/2016 1.2552 67.86%
5/31/2016 18.3422 9.78% 0.0
5/31/2016 1.0984 52.80%
6/30/2016 17.7897 6.87% 6/30/2016
1/30/2015 10/30/2015 7/30/20160.9476
4/30/2017 39.67%
1/30/2018 10/30/2018 7/30/2019 4/30

7/29/2016 18.4496 10.00% 7/29/2016 0.9663 PS historical

41.65%percentile Jingdong PS r
8/31/2016 33.1018 49.84% 40 8/31/2016 1.1160 54.01%
9/30/2016 36.0308 55.38% 35 9/30/2016 1.1458 57.58%
10/31/2016 34.6344 52.47% 30 ### 1.1397 56.57%
11/30/2016 47.0168 74.78% 25 ### 1.0867 52.03%
12/30/2016 43.9114 62.69% 20 ### 1.0289 46.10%
1/31/2017 45.2855 66.54% 15 1/31/2017 1.1486 57.91%
2/28/2017 45.9962 69.18% 10 2/28/2017 1.2364 66.48%
3/31/2017 48.1999 80.55% 5 3/31/2017 1.1782 61.37%
4/28/2017 51.6284 89.29% 0 4/28/2017 1.3261 74.01%
2018-08-31 2019-01-31 2019-07-01 2019-12-01 2020-05-01 2020-10-01 2021-03-
5/31/2017 47.8579 78.41% 5/31/2017 1.3883 80.11%
6/30/2017 56.2982 94.18% 6/30/2017 1.3602 PS historical percentile
77.31% PDD PS rat

7/31/2017 61.9120 99.45% 7/31/2017 1.5665 88.90%

8/31/2017 57.9191 96.35% 8/31/2017 1.3007 71.21%
9/29/2017 58.2462 96.43% 9/29/2017 1.1855 62.03%
10/31/2017 62.3539 99.62% ### 1.1644 59.95%
11/30/2017 48.8500 83.46% ### 1.0615 49.59%
12/29/2017 47.5672 76.98% ### 1.1741 61.02%
1/31/2018 56.3562 94.34% 1/31/2018 1.3955 80.88%
2/28/2018 45.8679 68.54% 2/28/2018 1.3365 75.22%
3/29/2018 45.2272 66.26% 3/29/2018 1.0415 47.47%
4/30/2018 43.9951 62.75% 4/30/2018 0.9391 38.54%
5/31/2018 49.2198 84.62% 5/31/2018 0.8148 27.64%
6/29/2018 46.1176 69.78% 6/29/2018 0.9027 34.42%
7/31/2018 47.3234 75.93% 7/31/2018 0.8311 29.12%
8/31/2018 51.3601 88.85% 8/31/2018 0.7194 21.29%
9/28/2018 48.3521 81.43% 9/28/2018 0.5997 10.77%
10/31/2018 41.7549 58.85% ### 0.5406 4.40%
11/30/2018 47.1578 75.11% ### 0.4831 1.18%
12/31/2018 40.1835 58.08% ### 0.4763 0.74%
1/31/2019 42.8975 60.33% 1/31/2019 0.5655 7.25%
2/28/2019 46.5994 72.75% 2/28/2019 0.5955 10.33%
 3/29/2019 46.4518 71.54% 3/29/2019 0.6480 17.91%
4/30/2019 47.2461 75.55% 4/30/2019 0.6507 18.35%
5/31/2019 29.5080 40.00% 5/31/2019 0.5199 2.88%
6/28/2019 33.9110 51.92% 6/28/2019 0.6113 12.72%
7/31/2019 34.6435 52.53% 7/31/2019 0.6036 11.32%
8/30/2019 31.2755 44.34% 8/30/2019 0.5987 10.60%
9/30/2019 29.8818 41.26% 9/30/2019 0.5537 5.96%
10/31/2019 31.5686 45.00% ### 0.6114 12.83%
11/29/2019 24.7695 26.95% ### 0.6232 15.22%
12/31/2019 26.3602 33.46% ### 0.6725 19.78%
1/31/2020 25.6754 30.99% 1/31/2020 0.7194 21.29%
2/28/2020 22.6414 22.64% 2/28/2020 0.7351 22.47%
3/31/2020 21.1697 18.32% 3/31/2020 0.7161 21.10%
4/30/2020 22.0612 20.93% 4/30/2020 0.7621 24.18%
5/29/2020 26.4093 33.63% 5/29/2020 0.9391 38.54%
6/30/2020 27.4675 36.37% 6/30/2020 1.0944 52.69%
7/31/2020 31.9652 46.59% 7/31/2020 1.1675 60.41%
8/31/2020 31.0439 43.74% 8/31/2020 1.3346 74.95%
9/30/2020 31.7956 46.15% 9/30/2020 1.3171 73.30%
10/30/2020 32.9539 49.40% ### 1.3835 79.70%
11/30/2020 36.4974 56.21% ### 1.3141 72.72%
12/31/2020 32.2526 47.86% ### 1.3534 76.59%
1/29/2021 35.1767 53.79% 1/29/2021 1.3656 77.80%
2/26/2021 26.1837 32.91% 2/26/2021 1.4453 84.34%
3/31/2021 25.2333 29.18% 3/31/2021 1.1546 58.71%
4/30/2021 25.7029 31.26% 4/30/2021 1.0551 49.12%
5/28/2021 25.3601 29.73% 5/28/2021 0.9436 39.01%
6/30/2021 26.8796 34.95% 6/30/2021 1.0185 45.55%
7/30/2021 23.1353 23.90% 7/30/2021 0.9045 34.67%
8/31/2021 19.7788 14.51% 8/31/2021 0.9248 37.12%
9/30/2021 17.5355 5.55% 9/30/2021 0.8504 30.93%
10/29/2021 19.5360 13.79% ### 0.9215 36.76%
11/30/2021 18.0156 8.63% ### 0.9414 38.85%
12/31/2021 16.7809 2.25% ### 0.7843 25.77%
1/31/2022 17.7698 6.54% 1/31/2022 0.8381 29.73%
2/28/2022 27.7751 37.09% 2/28/2022 0.8017 26.87%
3/31/2022 28.7283 38.68% 3/31/2022 0.6031 11.04%
4/22/2022 22.8374 23.08% 4/22/2022 0.5423 4.62%
 2018-07-2 PDD.O
100%
cal percentile 日期 PDD PS ratPS historical
90%
percentile
### 24.8998 83.19% 80%
### 33.8302 96.83% 70%
60%
### 22.7122 78.17% 50%
### 20.2384 71.72% 40%
### 19.7801 70.14% 30%
20%
### 25.7476 85.92% 10%
### 26.3911 87.77% 0%
18 10/30/2018 7/30/2019 4/30/2020 1/30/2021 10/30/2021
### 14.3715 53.82%
al percentile Alibaba PE ratio ### 12.9535 44.00%
100%
### 8.9469 16.70%
90%
### 9.9177 25.76% 80%
### 10.7061 28.93% 70%
### 12.5523 40.72% 60%
50%
### 12.3416 38.76% 40%
### 15.6588 55.73% 30%
### 11.8207 33.19% 20%
10%
### 12.4356 39.30% 0%
18 10/30/2018 7/30/2019 4/30/2020 ### 11.5806
1/30/2021 10/30/2021 31.88%

percentile Jingdong PS ratio ### 11.7648 32.31%

### 9.6929 23.58% 100%
### 12.7641 42.47% 90%

### 17.6556 61.14% 80%

70%
### 22.6643 77.95% 60%
### 24.2379 81.88% 50%
### 20.3581 72.05% 40%
30%
### 16.9727 59.39% 20%
### 20.5962 73.14% 10%
### 26.5053
20-05-01 2020-10-01 2021-03-01 2021-08-01 2022-01-01
88.21%
0%

### 33.9255 97.16%

al percentile PDD PS ratio
### 31.6417 94.21%
### 32.6824 95.52%
### 18.0069 62.94%
### 18.0136 63.10%
### 13.6915 50.98%
### 13.9262 52.29%
### 10.0439 26.75%
### 9.4195 20.52%
### 8.5389 13.32%
### 8.3741 12.66%
### 5.7954 10.81%
### 5.0808 7.31%
### 5.2150 8.41%
### 4.5195 4.80%
### 3.4114 1.31%
### 2.9538 0.33%