Shandong Chenming Paper Holdings Ltd

Chart & Performance

D1W1MN

P/E

—

P/S

0.09

EPS

—

Div Yield, %

0.00%

Shrs. gr., 5y

-9.96%

Rev. gr., 5y

-1.62%

Revenues

26.61b

-16.86%

Net income

-100.00%

CFO

4.39b

+27.25%

Dividend

Jun 23, 20210.185 HKD/sh

Earnings

May 14, 2025

Profile

Shandong Chenming Paper Holdings Limited engages in the pulp production and paper making in Mainland China and internationally. It operates through Machine Paper, Financial Services, Hotels and Property Rentals, and Other segments. The company offers cultural paper, white paper board, coated paper, household paper, copy paper, industrial paper, thermal paper, and glassine paper; and paper making raw materials and machinery. It also generates and sells electric and thermal power; engages in the forestry, saplings growing, processing and sale of timber; manufactures, processes, and sells wood products; provides wall materials, panels, and coal; and purchases and sells waste, as well as offers financial leasing services. In addition, the company is involved in the provision of catering services; hotel services; and marketing, transportation, logistics, arboriculture, customs declaration, property management and investment, trading, investment, machinery manufacturing, printing and packaging, business factoring, port, capital market, business, wholesale and retail, funding, and investment management activities. Shandong Chenming Paper Holdings Limited was incorporated in 1993 and is headquartered in Shouguang, the People's Republic of China.

URL

http://www.chenmingpaper.com/

IPO date

Nov 20, 2000

Employees

10,364

Domiciled in

Incorporated in

Valuation

Order:

Title CNY in thousands, except ratios and share amounts	FY	FY	FY	FY	FY	FY	FY	FY	FY	FY
Title CNY in thousands, except ratios and share amounts	2023‑12	2022‑12	2021‑12	2020‑12	2019‑12	2018‑12	2017‑12	2016‑12	2015‑12	2014‑12
Income
Revenues	26,608,570 -16.86%	32,004,367 -3.08%	33,019,812 7.43%
Cost of revenue	26,135,868	29,170,848	27,375,814
Unusual Expense (Income)
NOPBT	472,703	2,833,519	5,643,998
NOPBT Margin	1.78%	8.85%	17.09%
Operating Taxes	(383,062)		216,496
Tax Rate			3.84%
NOPAT	855,765	2,833,519	5,427,502
Net income		317,363 -84.64%	2,065,513 20.65%
Dividends			(875,469)
Dividend yield			3.28%
Proceeds from repurchase of equity	(66,229)
BB yield	0.59%
Debt
Debt current	33,475,479	41,058,554	40,124,336
Long-term debt	7,306,084	4,089,428	5,545,903
Deferred revenue	1,337,864	1,469,230	1,573,682
Other long-term liabilities	3,878,959	3,160,771	2,684,160
Net debt	16,755,139	26,083,783	29,163,941
Cash flow
Cash from operating activities	4,389,949	3,449,824	8,581,888
CAPEX	(314,376)
Cash from investing activities	58,291		165,721
Cash from financing activities	(5,794,042)
FCF	7,812,320	4,769,065	6,025,578
Balance
Cash	12,171,127	14,075,143	14,230,669
Long term investments	11,855,297	4,989,056	2,275,629
Excess cash	22,695,995	17,463,981	14,855,307
Stockholders' equity	15,382,677	18,127,541	17,023,390
Invested Capital	47,792,619	55,727,649	57,240,826
ROIC	1.65%	5.02%	9.29%
ROCE	0.75%	3.87%	7.83%
EV
Common stock shares outstanding	2,911,627	6,309,671	3,688,416
Price	3.88 -22.09%	4.98 -31.22%	7.24 12.77%
Market cap	11,297,114 -64.05%	31,422,160 17.67%	26,704,134 -12.53%
EV	32,457,933	62,149,631	59,325,126
EBITDA	2,792,355	5,151,461	8,069,414
EV/EBITDA	11.62	12.06	7.35
Interest	2,235,787	2,081,068	2,648,200
Interest/NOPBT	472.98%	73.44%	46.92%