01812 CHENMING PAPER
WatchlistCHENMING PAPER News
CICC: Moving forward amid a moderate recovery, paper industry profits are expected to recover steadily
According to a research report published by CICC, looking ahead to 2024, demand in the paper industry is expected to continue at a moderate pace of recovery. The peak period of production capacity release is coming to an end as a whole. Cost-side wood pulp, waste paper, and coal prices will mainly fluctuate moderately, and industry profits are expected to recover steadily.
Huasheng Securities: Recommended to “buy” Sunshine Paper, stock prices have room to grow by nearly 60%
According to a research report released by Huasheng Securities, Sunshine Paper's owner business has outstanding advantages, and the main business restoration+specialty paper business market opening is highly certain. At the same time, in the future, with the support of new shareholders C&D Pulp, they are expected to use synergies to reduce costs and increase efficiency, covering the first time, giving it a “buy” rating. Referring to comparable companies' 2024 expectations of the PE and Hong Kong A-share market differences, a conservative estimate of 7 times PE. Based on the 2024 EPS 0.54 yuan/share calculation, the corresponding stock price is HK$4.12 per share, which has room for growth of about 59% compared to the current stock price. The bank predicts net profit share for 2023-2025
Shandong Chenming Paper Holdings Limited's (SZSE:000488) Market Cap Dropped CN¥489m Last Week; Individual Investors Bore the Brunt
Key Insights Significant control over Shandong Chenming Paper Holdings by individual investors implies that the general public has more power to influence management and governance-related decisions
Chenming Paper (000488.SZ): Shouguang Meilun plans to list and sell Jinxin Futures 35.4331% of shares at a listing price of 197 million yuan
Gelonghui November 28丨Chenming Paper (000488.SZ) announced that in order to further optimize the company's asset structure, focus on the main pulp and paper industry, and enhance the company's profitability, Shouguang Meilun Paper Co., Ltd. (“Shouguang Meilun”), a holding subsidiary of Shandong Chenming Paper Group Co., Ltd. (“Shouguang Meilun”), plans to sell its holdings of Jinxin Futures Co., Ltd. (“Jinxin Futures”) through a public listing on the Wuhan Optics Valley Joint Stock Exchange Jiangcheng Property Exchange Co., Ltd. (“Jinxin Futures”). The listing price is RMB 7.199 billion, and the final transaction price is RMB 7.199 billion. and transactions The other party will submit according to the public listing
Chenming Paper (01812) was pledged 7.6 million A-shares by shareholder Chenming Holdings
Chenming Paper (01812) issued an announcement. The company recently received the largest shareholder, Chenming Holdings Co., Ltd. (Chenming Holdings...
Chenming Paper Completes Repurchase, Cancellation of Restricted Shares
Shandong Chenming Paper Holdings (HKG:1812, SHA:000488) completed the repurchase and cancellation of 22,929,000 restricted shares under a restricted share scheme, according to a Wednesday filing. Afte
Chenming Paper has completed the repurchase and cancellation of 22.929 million restricted shares
Chenming Paper (01812) announced that it has completed the repurchase and cancellation of 22.929 million restricted shares.
Chenming Paper (01812.HK) cancelled 22.93 million shares on November 20
Gelonghui November 22|Chenming Paper (01812.HK) announced that on November 20, 2023, the company cancelled 22.93 million shares of the repurchased shares.
Chenming Paper (01812) has completed the repurchase and cancellation of 22.929 million restricted shares
Chenming Paper (01812) announced that it has completed the repurchase and cancellation of 22.929 million restricted shares.
Chenming Paper (000488.SZ): The administrative examination and approval procedures for the Huanggang Phase II project have been completed, and the project is in the fund-raising stage
Gelonghui November 21丨Some investors asked Chenming Paper (000488.SZ) on the investor interactive platform, “Is the integration of Huanggang Phase II forest paper progressing smoothly? It's been three years and construction hasn't started yet. Will the company's strategic deployment change?” The company replied that the administrative examination and approval procedures for the Huanggang Phase II project have been completed, that the project is in the fund-raising stage, and that the project loan is in the process of being approved. The company's strategic goals, which focus on the main pulp and paper industry, have not changed.
Changes in Hong Kong stocks | Nine Dragons Paper (02689) rose more than 4%, leading paper stocks, cultural paper companies issued price increase letters to boost market confidence
Most paper stocks rose. As of press release, Nine Dragons Paper (02689) rose 4.18% to HK$4.24; Liwen Paper (02314) rose 2.84% to HK$2.17; and Sunshine Paper (02002) rose 1.53% to HK$2.66.
Are Investors Undervaluing Shandong Chenming Paper Holdings Limited (SZSE:000488) By 32%?
Key Insights Shandong Chenming Paper Holdings' estimated fair value is CN¥6.32 based on 2 Stage Free Cash Flow to Equity Shandong Chenming Paper Holdings is estimated to be 32% undervalued based on
Chenming Paper (000488.SZ): Currently there is no bamboo forest industry
Gelonghui November 6: Some investors asked Chenming Paper (000488.SZ) on the investor interactive platform, “Does your company have a bamboo forest industry?” The company replied that the company currently has no bamboo forest industry.
Changes in Hong Kong stocks | Lee & Man Paper (02314) rose nearly 4%, leading paper stocks, paper companies' steady progress in price increases, which is expected to drive continuous improvement in profits
Paper stocks rose collectively. As of press release, Liwen Paper (02314) rose 3.93% to HK$2.38; Nine Dragons Paper (02689) rose 2.71% to HK$4.54; and Chenming Paper (01812) rose 0.88% to HK$2.28.
The majority shareholder of Chenming Paper (01812) pledged 16 million A-shares
Chenming Paper (01812) announced that the company recently received Chenming Holdings Co., Ltd., the largest shareholder (hereinafter referred to as “Chenming...
CHENMING PAPER: 2023 Third Quarterly Report
Chenming Paper (000488.SZ): Net loss of 802.13,300 yuan in the third quarter
On October 30, Gelonghui Paper (000488.SZ) announced its report for the third quarter of 2023. Operating income for the reporting period was 7.157 billion yuan, a year-on-year decrease of 17.54%; net profit attributable to shareholders of listed companies was -802.13,300 yuan; net profit attributable to shareholders of listed companies after deducting non-recurring profit and loss was -439.8 million yuan; basic earnings per share was -0.028 yuan.
Chenming Paper (000488.SZ): The company has recently implemented multiple rounds of price increases, and its profitability is gradually being restored
Glonghui, Oct. 19 | Chenming Paper (000488.SZ) said on the investor interactive platform that compared with the price of wood pulp, the price of wood chips has been relatively stable recently; the recent rise in wood pulp prices has provided strong support for the rise in mechanical paper prices, which is conducive to the company's “integrated pulp and paper” advantages. The company has recently implemented multiple rounds of price increases, and its profitability is gradually being restored.
Chenming Paper (01812.HK) plans to hold a board meeting on October 30 to approve the third quarter results
Glonghui, October 18, 丨 Chenming Paper (01812.HK) announced that the board meeting will be held on October 30, 2023 (Monday) to consider and approve (among other things) the unaudited results of the company and its subsidiaries for the nine months ended September 30, 2023 and their publication.
Is Shandong Chenming Paper Holdings (SZSE:000488) Using Too Much Debt?
David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the permanent loss of capital.' When we think about how risky a company is, we always like