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02689 ND PAPER
Watchlist
4.070
0.0000.00%
Not Open 11/28 16:08 CST
4.150High4.040Low5.31MVolume
4.150Open4.070Pre Close21.62MTurnover0.11%Turnover RatioLossP/E (TTM)19.10BMarket Cap8.19052wk HighLossP/E (Static)4.69BShares3.96052wk Low0.39P/B19.10BFloat Cap23.493Historical High0.02Dividend TTM4.69BShs Float-2.425Historical Low--Dividend LFY2.70%Amplitude0.54%Div YieldTTM4.069Avg Price1000Lot Size--Div Yield LFY
Intraday
- 5D
- 1D
- 1W
- 1M
- 1Q
- 1Y
About ND PAPER Company
Nine Dragon Paper was founded in 1995 and is headquartered in Dongguan City, Guangdong Province, China. It was listed on the main board of the Hong Kong Stock Exchange in 2006. Currently, it is a paper group with the second highest production capacity in the world and a leading Chinese paper company (its main products are various types of environmentally friendly wrapping paper and its upstream and downstream industry chains). The Group currently has a total design capacity of around 18 million tons per year. Jiulong Paper has established papermaking bases in Dongguan, Taicang, Chongqing, Tianjin, Quanzhou, Shenyang, Tangshan, and Leshan in China, and is building new pulp and paper bases in Jingzhou in Hubei, Beihai in Guangxi, and Xianning in Hubei. Nine Dragons Paper responded positively to the “Belt and Road” initiative, continuously promoted international development, improved the industrial chain, completed the acquisition and holding of Vietnam's Zhengyang Paper Mill in 2008, entered the ASEAN market, completed the expansion of the Vietnam base phase II project in 2017, and became a leading Vietnamese paper company. In order to further expand international resource allocation and form complementarity of resource advantages, four pulp and paper mills located in the US (Rumford, Old Town, Maine; Biron, Wisconsin; Fairmont, West Virginia) were acquired in 2018. In 2019, a pulp and paper mill in Wendong, Malaysia (which produces recycled pulp from waste paper) was acquired, and a new intelligent papermaking base is planned to be built in Malaysia (Selangor). In addition, the group's brother enterprises have established the largest domestic/foreign renewable resource recycling trading company upstream to provide the group with a stable supply of raw materials such as waste paper; the group has also established several paper packaging companies downstream to provide users with intelligent, one-stop services for paper packaging. Jiulong Paper has introduced the world's most advanced technology and large-scale modern and intelligent equipment. At the same time, it attaches great importance to systematic and data management, applies advanced SAP system management platforms, and continuously innovates research and development, and is representative of high-level intelligent manufacturing enterprises. Jiulong Paper has always adhered to the corporate philosophy of “no environmental protection, no paper” and promoted a sustainable circular economy. All environmental protection and energy consumption indicators have reached international leading levels, and is a model for resource-saving and environmentally friendly enterprises. Jiulong Paper has implemented a management model that is people-oriented, combining democracy, wisdom and science, forming a corporate culture with Nine Dragon characteristics that “respects and cares for employees, refines innovative management, inherits a century-old brand, and promotes the spirit of hard work”. At the same time, it actively fulfills its social responsibilities, making outstanding contributions to the benefit of local economic and social development.
Revenue Breakdown
Business
Unit:CNY
Stock NameRevenueRatio
Sales wrapping paper51.01B89.90%
Sales cultural paper4.7B8.28%
Sell high price special paper products675.29M1.19%
销售浆品354.97M0.63%
News
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.
Nine Dragons Paper (Holdings) (HKG:2689 Shareholders Incur Further Losses as Stock Declines 7.1% This Week, Taking Three-year Losses to 59%
The truth is that if you invest for long enough, you're going to end up with some losing stocks. But the long term shareholders of Nine Dragons Paper (Holdings) Limited (HKG:2689) have had an unfortu
Daiwa: Raised Nine Dragons Paper's rating to “outperform the market” with a target price of HK$5
According to a research report published by Daiwa, Nine Dragons Paper (02689) was upgraded from “holding” to “outperforming the market” and downgraded the 2023-24 net value per share (Book Value per Share) by 3% to 6%, mainly reflecting the slow recovery of the company's net profit per ton, with a target price of HK$5. According to the report, the company's valuation may have bottomed out and profitability has steadily improved. It is expected that the Group's local business is likely to be profitable in the fourth quarter of this year. At the same time, the seasonal demand trend has returned this year. Coupled with October inventories reaching a relatively healthy level and supply and demand expectations continuing to improve, I believe
Comments
Nine Dragons Paper's consistent share dip and shift to a loss-making stance are red flags for investors. Despite dividends providing some relief, the total shareholder return still suffers. Prolonged share price weakness can suggest inherent company issues.
Nine Dragons Paper (Holdings) (HKG:2689 Shareholders Incur Further Losses as Stock Declines 7.1% This Week, Taking Three-year Losses to 59%Read more
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