End-of-day quote
Shanghai S.E.
06:00:00 2024-07-14 pm EDT
|
5-day change
|
1st Jan Change
|
13.01
CNY
|
-2.33%
|
|
+1.56%
|
-4.59%
|
Fiscal Period: December |
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Capitalization
1 |
4,071
|
5,150
|
8,153
|
6,282
|
5,989
|
-
|
-
|
Enterprise Value (EV)
1 |
4,071
|
5,150
|
8,153
|
4,360
|
4,118
|
4,248
|
4,291
|
P/E ratio
|
11.7
x
|
11.4
x
|
16.8
x
|
11.1
x
|
9.14
x
|
7.88
x
|
6.81
x
|
Yield
|
-
|
-
|
2.12%
|
5.76%
|
7.58%
|
8.86%
|
10.8%
|
Capitalization / Revenue
|
-
|
3.19
x
|
2.37
x
|
1.58
x
|
1.31
x
|
1.13
x
|
0.97
x
|
EV / Revenue
|
-
|
3.19
x
|
2.37
x
|
1.1
x
|
0.9
x
|
0.8
x
|
0.7
x
|
EV / EBITDA
|
-
|
-
|
13.1
x
|
5.79
x
|
5.02
x
|
4.46
x
|
3.92
x
|
EV / FCF
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
FCF Yield
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Price to Book
|
-
|
2.02
x
|
2.26
x
|
1.58
x
|
1.38
x
|
1.26
x
|
1.13
x
|
Nbr of stocks (in thousands)
|
399,579
|
401,880
|
465,138
|
460,714
|
460,362
|
-
|
-
|
Reference price
2 |
10.19
|
12.81
|
17.53
|
13.64
|
13.01
|
13.01
|
13.01
|
Announcement Date
|
4/15/21
|
3/8/22
|
3/7/23
|
4/28/24
|
-
|
-
|
-
|
Fiscal Period: December |
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Net sales
1 |
-
|
1,612
|
3,436
|
3,976
|
4,570
|
5,308
|
6,172
|
EBITDA
1 |
-
|
-
|
621.7
|
753.6
|
820.6
|
951.5
|
1,094
|
EBIT
1 |
-
|
524.4
|
532.8
|
648.7
|
732.5
|
856.6
|
986.5
|
Operating Margin
|
-
|
32.53%
|
15.51%
|
16.32%
|
16.03%
|
16.14%
|
15.98%
|
Earnings before Tax (EBT)
1 |
-
|
524.4
|
532.4
|
648.5
|
757.4
|
878.3
|
1,014
|
Net income
1 |
260
|
448.6
|
467.3
|
566.1
|
662
|
768.2
|
888.2
|
Net margin
|
-
|
27.83%
|
13.6%
|
14.24%
|
14.49%
|
14.47%
|
14.39%
|
EPS
2 |
0.8674
|
1.121
|
1.043
|
1.229
|
1.423
|
1.650
|
1.911
|
Free Cash Flow
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
FCF margin
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
FCF Conversion (EBITDA)
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
FCF Conversion (Net income)
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Dividend per Share
2 |
-
|
-
|
0.3714
|
0.7857
|
0.9859
|
1.153
|
1.407
|
Announcement Date
|
4/15/21
|
3/8/22
|
3/7/23
|
4/28/24
|
-
|
-
|
-
|
Fiscal Period: December |
2023 Q2
|
2023 Q3
|
2023 Q4
|
2024 Q2
|
2024 Q3
|
2024 Q4
|
2025 Q1
|
2025 Q2
|
---|
Net sales
|
-
|
1,123
|
991.9
|
-
|
-
|
-
|
-
|
-
|
EBITDA
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
EBIT
|
-
|
173.9
|
207.5
|
-
|
-
|
-
|
-
|
-
|
Operating Margin
|
-
|
15.48%
|
20.92%
|
-
|
-
|
-
|
-
|
-
|
Earnings before Tax (EBT)
|
-
|
173.9
|
207.5
|
-
|
-
|
-
|
-
|
-
|
Net income
1 |
128.4
|
160.9
|
169.2
|
146.5
|
183.5
|
168.8
|
-
|
-
|
Net margin
|
-
|
14.33%
|
17.06%
|
-
|
-
|
-
|
-
|
-
|
EPS
2 |
0.2786
|
0.3500
|
0.3643
|
0.3150
|
0.3946
|
0.3629
|
-
|
-
|
Dividend per Share
2 |
-
|
-
|
0.7857
|
-
|
-
|
0.9718
|
-
|
-
|
Announcement Date
|
8/27/23
|
10/29/23
|
4/28/24
|
-
|
-
|
-
|
-
|
-
|
Fiscal Period: December |
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Net Debt
1 |
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Net Cash position
1 |
-
|
-
|
-
|
1,922
|
1,871
|
1,742
|
1,698
|
Leverage (Debt/EBITDA)
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Free Cash Flow
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
ROE (net income / shareholders' equity)
|
-
|
18.9%
|
14.2%
|
14.9%
|
15.4%
|
16.4%
|
17.2%
|
ROA (Net income/ Total Assets)
|
-
|
-
|
-
|
9.65%
|
10.5%
|
10.5%
|
-
|
Assets
1 |
-
|
-
|
-
|
5,869
|
6,305
|
7,316
|
-
|
Book Value Per Share
2 |
-
|
6.340
|
7.760
|
8.620
|
9.460
|
10.30
|
11.50
|
Cash Flow per Share
2 |
-
|
-
|
1.160
|
0.9400
|
1.720
|
1.740
|
1.530
|
Capex
1 |
-
|
-
|
234
|
367
|
265
|
284
|
233
|
Capex / Sales
|
-
|
-
|
6.82%
|
9.22%
|
5.79%
|
5.35%
|
3.77%
|
Announcement Date
|
4/15/21
|
3/8/22
|
3/7/23
|
4/28/24
|
-
|
-
|
-
|
Last Close Price
13.01
CNY Average target price
19.65
CNY Spread / Average Target +51.04% Consensus |
1st Jan change
|
Capi.
|
---|
| -4.59% | 826M | | +18.08% | 5.54B | | +39.93% | 2.83B | | +14.04% | 1.6B | | -5.98% | 1.56B | | +38.72% | 1.14B | | -23.20% | 887M | | -42.61% | 825M | | -25.93% | 784M | | -25.24% | 703M |
Paper Mills & Products
|