COMP <GO>

HTT vs V // FREE CASH FLOW YIELD

High Templar Tech Limited each representing one Class A ordinary share (NYSE) VS. Visa Inc. (NYSE) • 15-METRIC TALLY: HTT 1 — V 7

■ METRIC PARITY

LAST: $1.81 (+0.56%) • MKT CAP: $279.5M

fcf-yield

—

LAST: $425.51 (+2.88%) • MKT CAP: $738.98B

fcf-yield

2.90%

15-METRIC INSTITUTIONAL SIDE-BY-SIDE SCORECARD (HTT VS. V) EMERALD CELL = QUANTITATIVE EDGE

INSTITUTIONAL METRIC	HTT	V	SPREAD (A - B)	ADVANTAGE	DEDICATED URL
Gross Profit Margin	—	—	—	TIE	/gross-margins <GO>
Return on Invested Capital (ROIC)	-5.20%	32.30%	-37.50	V	/roic <GO>
EV/EBITDA & P/E Valuation	—	28.9x	—	TIE	/valuation <GO>
Free Cash Flow Yield ACTIVE	—	2.90%	—	TIE	/fcf-yield <GO>
Operating Margin	-60.00%	60.00%	-120.00	V	/operating-margins <GO>
Net Profit Margin	68.00%	50.10%	+17.90	HTT	/net-margins <GO>
Revenue Growth (YoY)	-65.00%	11.30%	-76.30	V	/revenue-growth <GO>
Dividend Yield & FCF Payout Safety	0.00%	0.63%	-0.63	V	/dividend-safety <GO>
Altman Z-Score & Debt/Equity	—	9.09	—	TIE	/balance-sheet <GO>
Piotroski F-Score Quality	5/9	9/9	-4.00	V	/piotroski-score <GO>
Options Implied Move & Put/Call Skew	—	—	—	TIE	/options-implied-move <GO>
RSI-14 & 200D SMA Momentum	18.3	67.7	-49.40	V	/rsi-technicals <GO>
10Y Yield & FRED Macro Beta	—	1.06	—	TIE	/macro-sensitivity <GO>
Forward P/E Multiple	—	34.0x	—	TIE	/forward-pe <GO>
Enterprise Scale & Market Cap	$279.5M	$738.98B	-$738.70B	V	/market-cap <GO>

5-YEAR HISTORICAL XBRL REVENUE & MARGIN TRAJECTORY SEC FORM 10-K FY

FISCAL YEAR	HTT REV	V REV	HTT GROSS %	V GROSS %	HTT FCF	V FCF
FY 2025	$5.9M	$40.00B	—	—	$98.2M	$21.26B
FY 2024	$29.7M	$35.93B	—	—	-$15.2M	$18.33B
FY 2023	$17.8M	$32.65B	—	—	$49.6M	$19.29B

FRED MACRO REGIME CORRELATION COMPARISON PEARSON r

HTT // BETA —

V // BETA 1.06