YMM Cash Conversion Ratio

Full Truck Alliance Co. Ltd. American Depositary Shares (each representing 20 Class A Ordinary Shares) · Cash Conversion Ratio

YMM Cash Conversion Ratio

Current (TTM)0.88×retrievedOct 20, 2026

YMM Cash Conversion Ratio (0.61× → 0.88×)

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YMM cash conversion ratio history

Annual fiscal periods. Dates are reporting period ends; fiscal years can differ from calendar years.

Full Truck Alliance Co. Ltd. American Depositary Shares (each representing 20 Class A Ordinary Shares) Cash Conversion Ratio — Annual fiscal periods

Period ending	Cash Conversion Ratio
Dec 31, 2025	1.0202×
Dec 31, 2024	0.9431×
Dec 31, 2023	0.9803×
Dec 31, 2022	-0.2488×
Dec 31, 2021	0.0697×
Dec 31, 2020	-0.1503×
Dec 31, 2019	0.6133×