View ValuationXiamen Hexing Packaging Printing 향후 성장Future 기준 점검 3/6Xiamen Hexing Packaging Printing은 연간 수입과 매출이 각각 41%와 7% 증가할 것으로 예상되고 EPS는 연간 36%만큼 증가할 것으로 예상됩니다.핵심 정보41.0%이익 성장률36.02%EPS 성장률Packaging 이익 성장28.8%매출 성장률7.0%향후 자기자본이익률n/a애널리스트 커버리지Low마지막 업데이트28 Apr 2026최근 향후 성장 업데이트Major Estimate Revision • Sep 20Consensus revenue estimates decrease by 11%The consensus outlook for fiscal year 2024 has been updated. 2024 revenue forecast fell from CN¥12.9b to CN¥11.5b. EPS estimate unchanged from CN¥0.13 per share at last update. Packaging industry in China expected to see average net income growth of 50% next year. Consensus price target of CN¥3.20 unchanged from last update. Share price rose 2.9% to CN¥2.52 over the past week.Price Target Changed • Apr 23Price target decreased by 11% to CN¥3.20Down from CN¥3.60, the current price target is provided by 1 analyst. New target price is 27% above last closing price of CN¥2.51. Stock is down 21% over the past year. The company is forecast to post earnings per share of CN¥0.13 for next year compared to CN¥0.09 last year.Major Estimate Revision • Nov 06Consensus revenue estimates fall by 18%The consensus outlook for revenues in fiscal year 2023 has deteriorated. 2023 revenue forecast decreased from CN¥16.0b to CN¥13.1b. EPS estimate fell from CN¥0.16 to CN¥0.13 per share. Net income forecast to grow 76% next year vs 64% growth forecast for Packaging industry in China. Consensus price target down from CN¥3.70 to CN¥3.60. Share price rose 3.6% to CN¥3.43 over the past week.Major Estimate Revision • May 06Consensus EPS estimates fall by 11%The consensus outlook for earnings per share (EPS) in fiscal year 2023 has deteriorated. 2023 revenue forecast decreased from CN¥17.2b to CN¥16.0b. EPS estimate also fell from CN¥0.18 per share to CN¥0.16 per share. Net income forecast to grow 87% next year vs 91% growth forecast for Packaging industry in China. Consensus price target of CN¥3.70 unchanged from last update. Share price was steady at CN¥3.25 over the past week.Price Target Changed • Nov 16Price target decreased to CN¥3.75Down from CN¥4.51, the current price target is an average from 2 analysts. New target price is 15% above last closing price of CN¥3.27. Stock is down 5.5% over the past year. The company is forecast to post earnings per share of CN¥0.17 for next year compared to CN¥0.18 last year.Major Estimate Revision • Sep 04Consensus EPS estimates fall by 21%The consensus outlook for earnings per share (EPS) in 2022 has deteriorated. 2022 revenue forecast decreased from CN¥19.7b to CN¥19.3b. EPS estimate also fell from CN¥0.26 per share to CN¥0.21 per share. Net income forecast to grow 35% next year vs 55% growth forecast for Packaging industry in China. Consensus price target down from CN¥4.51 to CN¥4.18. Share price was steady at CN¥3.42 over the past week.모든 업데이트 보기Recent updates공고 • Jun 30Xiamen Hexing Packaging Printing Co., Ltd. to Report First Half, 2026 Results on Aug 29, 2026Xiamen Hexing Packaging Printing Co., Ltd. announced that they will report first half, 2026 results on Aug 29, 2026공고 • May 30Xiamen Hexing Packaging Printing Co., Ltd. Approves Cash Dividend (Tax Included) for 2025Xiamen Hexing Packaging Printing Co., Ltd. at the AGM held on May 27, 2026, approved cash dividend (tax included) for 2025 of CNY 0.60000000 per 10 shares.Reported Earnings • Apr 27Full year 2025 earnings: EPS and revenues miss analyst expectationsFull year 2025 results: EPS: CN¥0.09 (up from CN¥0.08 in FY 2024). Revenue: CN¥10.2b (down 11% from FY 2024). Net income: CN¥103.5m (up 11% from FY 2024). Profit margin: 1.0% (up from 0.8% in FY 2024). The increase in margin was driven by lower expenses. Revenue missed analyst estimates by 15%. Earnings per share (EPS) also missed analyst estimates by 36%. Over the last 3 years on average, earnings per share has remained flat but the company’s share price has increased by 6% per year, which means it is well ahead of earnings.공고 • Apr 26Xiamen Hexing Packaging Printing Co., Ltd., Annual General Meeting, May 27, 2026Xiamen Hexing Packaging Printing Co., Ltd., Annual General Meeting, May 27, 2026, at 14:30 China Standard Time. Location: The Company's Meeting Room, Xiamen, Fujian China공고 • Mar 31Xiamen Hexing Packaging Printing Co., Ltd. to Report Q1, 2026 Results on Apr 27, 2026Xiamen Hexing Packaging Printing Co., Ltd. announced that they will report Q1, 2026 results on Apr 27, 2026공고 • Dec 31Xiamen Hexing Packaging Printing Co., Ltd. to Report Fiscal Year 2025 Results on Apr 27, 2026Xiamen Hexing Packaging Printing Co., Ltd. announced that they will report fiscal year 2025 results on Apr 27, 2026Valuation Update With 7 Day Price Move • Dec 16Investor sentiment deteriorates as stock falls 17%After last week's 17% share price decline to CN¥3.92, the stock trades at a forward P/E ratio of 22x. Average forward P/E is 25x in the Packaging industry in China. Total returns to shareholders of 41% over the past three years.New Risk • Dec 05New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Chinese stocks, typically moving 7.2% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Dividend is not well covered by earnings and cash flows. Payout ratio: 186% Cash payout ratio: 92% Minor Risk Share price has been volatile over the past 3 months (7.2% average weekly change).Valuation Update With 7 Day Price Move • Nov 13Investor sentiment improves as stock rises 17%After last week's 17% share price gain to CN¥4.08, the stock trades at a forward P/E ratio of 23x. Average forward P/E is 23x in the Packaging industry in China. Total returns to shareholders of 42% over the past three years.Reported Earnings • Oct 30Third quarter 2025 earnings released: EPS: CN¥0.04 (vs CN¥0.051 in 3Q 2024)Third quarter 2025 results: EPS: CN¥0.04 (down from CN¥0.051 in 3Q 2024). Revenue: CN¥2.59b (down 11% from 3Q 2024). Net income: CN¥44.4m (down 21% from 3Q 2024). Profit margin: 1.7% (down from 1.9% in 3Q 2024). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 11% p.a. on average during the next 2 years, compared to a 13% growth forecast for the Packaging industry in China. Over the last 3 years on average, earnings per share has fallen by 4% per year but the company’s share price has increased by 4% per year, which means it is well ahead of earnings.New Risk • Oct 30New major risk - Revenue and earnings growthEarnings have declined by 28% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Dividend is not well covered by earnings and cash flows. Payout ratio: 166% Cash payout ratio: 284% Earnings have declined by 28% per year over the past 5 years.공고 • Sep 30Xiamen Hexing Packaging Printing Co., Ltd. to Report Q3, 2025 Results on Oct 30, 2025Xiamen Hexing Packaging Printing Co., Ltd. announced that they will report Q3, 2025 results on Oct 30, 2025New Risk • Sep 06New major risk - Dividend sustainabilityThe dividend is not well covered by earnings and cash flows. Payout ratio: 166% Cash payout ratio: 284% Dividend yield: 5.4% This is considered a major risk. Companies that pay out too much of their earnings and cash flows are at risk of having to reduce or cut their dividend in future. If earnings or cash flows stagnate or fall, then there may not be enough to maintain the same dividend. Or in extreme cases, companies may opt to dig into capital reserves or take on debt to maintain the dividend. For dividend paying companies, any reduction in the dividend can significantly impact the share price. This is currently the only risk that has been identified for the company.공고 • Jul 02Xiamen Hexing Packaging Printing Co., Ltd. to Report First Half, 2025 Results on Aug 30, 2025Xiamen Hexing Packaging Printing Co., Ltd. announced that they will report first half, 2025 results on Aug 30, 2025Board Change • May 21Less than half of directors are independentFollowing the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 4 non-independent directors. Independent Director Yong Hua Lu was the last independent director to join the board, commencing their role in 2025. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.공고 • May 20Xiamen Hexing Packaging Printing Co., Ltd. (SZSE:002228) announces an Equity Buyback for CNY 100 million worth of its shares.Xiamen Hexing Packaging Printing Co., Ltd. (SZSE:002228) announces a share repurchase program. Under the program, the company will repurchase up to CNY 100 million worth of its shares. The shares will be repurchased at a price not more than CNY 4.67 per share. The repurchased shares will be used for the implementation of employee stock ownership plans or equity incentive plan. The company will use its own funds and/or raised funds (including bank repurchase special loans, etc.) to repurchase its shares. The program will be valid till earlier of 12 months.New Risk • Apr 26New major risk - Revenue and earnings growthEarnings have declined by 24% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 24% per year over the past 5 years. Minor Risk Dividend is not well covered by earnings (108% payout ratio).Reported Earnings • Apr 26Full year 2024 earnings: EPS misses analyst expectationsFull year 2024 results: EPS: CN¥0.08 (down from CN¥0.09 in FY 2023). Revenue: CN¥11.5b (down 7.6% from FY 2023). Net income: CN¥93.6m (down 9.3% from FY 2023). Profit margin: 0.8% (in line with FY 2023). Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 38%. Over the last 3 years on average, earnings per share has fallen by 24% per year but the company’s share price has only fallen by 1% per year, which means it has not declined as severely as earnings.공고 • Apr 26Xiamen Hexing Packaging Printing Co., Ltd., Annual General Meeting, Jun 06, 2025Xiamen Hexing Packaging Printing Co., Ltd., Annual General Meeting, Jun 06, 2025, at 14:30 China Standard Time. Location: The Company's Meeting Room, Xiamen, Fujian China공고 • Mar 31Xiamen Hexing Packaging Printing Co., Ltd. to Report Q1, 2025 Results on Apr 26, 2025Xiamen Hexing Packaging Printing Co., Ltd. announced that they will report Q1, 2025 results on Apr 26, 2025공고 • Dec 31Xiamen Hexing Packaging Printing Co., Ltd. to Report Fiscal Year 2024 Results on Apr 26, 2025Xiamen Hexing Packaging Printing Co., Ltd. announced that they will report fiscal year 2024 results on Apr 26, 2025Reported Earnings • Oct 29Third quarter 2024 earnings released: EPS: CN¥0.051 (vs CN¥0.043 in 3Q 2023)Third quarter 2024 results: EPS: CN¥0.051 (up from CN¥0.043 in 3Q 2023). Revenue: CN¥2.90b (down 7.7% from 3Q 2023). Net income: CN¥56.4m (up 41% from 3Q 2023). Profit margin: 1.9% (up from 1.3% in 3Q 2023). The increase in margin was driven by lower expenses. Revenue is forecast to grow 6.6% p.a. on average during the next 2 years, compared to a 12% growth forecast for the Packaging industry in China. Over the last 3 years on average, earnings per share has fallen by 30% per year but the company’s share price has only fallen by 5% per year, which means it has not declined as severely as earnings.분석 기사 • Oct 15Some Investors May Be Worried About Xiamen Hexing Packaging Printing's (SZSE:002228) Returns On CapitalIf we want to find a potential multi-bagger, often there are underlying trends that can provide clues. Firstly, we'd...공고 • Sep 30Xiamen Hexing Packaging Printing Co., Ltd. to Report Q3, 2024 Results on Oct 29, 2024Xiamen Hexing Packaging Printing Co., Ltd. announced that they will report Q3, 2024 results on Oct 29, 2024Valuation Update With 7 Day Price Move • Sep 30Investor sentiment improves as stock rises 15%After last week's 15% share price gain to CN¥2.91, the stock trades at a forward P/E ratio of 20x. Average forward P/E is 19x in the Packaging industry in China. Total loss to shareholders of 7.8% over the past three years.Major Estimate Revision • Sep 20Consensus revenue estimates decrease by 11%The consensus outlook for fiscal year 2024 has been updated. 2024 revenue forecast fell from CN¥12.9b to CN¥11.5b. EPS estimate unchanged from CN¥0.13 per share at last update. Packaging industry in China expected to see average net income growth of 50% next year. Consensus price target of CN¥3.20 unchanged from last update. Share price rose 2.9% to CN¥2.52 over the past week.Reported Earnings • Aug 31Second quarter 2024 earnings released: EPS: CN¥0.039 (vs CN¥0.03 in 2Q 2023)Second quarter 2024 results: EPS: CN¥0.039 (up from CN¥0.03 in 2Q 2023). Revenue: CN¥2.95b (down 9.4% from 2Q 2023). Net income: CN¥54.5m (up 14% from 2Q 2023). Profit margin: 1.8% (up from 1.5% in 2Q 2023). The increase in margin was driven by lower expenses. Revenue is forecast to grow 11% p.a. on average during the next 2 years, compared to a 15% growth forecast for the Packaging industry in China. Over the last 3 years on average, earnings per share has fallen by 37% per year but the company’s share price has only fallen by 13% per year, which means it has not declined as severely as earnings.공고 • Jun 29Xiamen Hexing Packaging Printing Co., Ltd. to Report First Half, 2024 Results on Aug 31, 2024Xiamen Hexing Packaging Printing Co., Ltd. announced that they will report first half, 2024 results on Aug 31, 2024공고 • Jun 01Xiamen Hexing Packaging Printing Co., Ltd. Announces 2023 Final Profit Distribution Plan to Be Implemented on A Shares, Payable on 06 June 2024Xiamen Hexing Packaging Printing Co., Ltd. announced the 2023 final profit distribution plan to be implemented (A shares): Cash dividend (tax included) of CNY 1.20000000 per 10 shares. Record date is on 05 June 2024 with Ex-date is on 06 June 2024. Payment date is on 06 June 2024.Reported Earnings • Apr 30First quarter 2024 earnings released: EPS: CN¥0.03 (vs CN¥0.03 in 1Q 2023)First quarter 2024 results: EPS: CN¥0.03 (in line with 1Q 2023). Revenue: CN¥2.74b (down 8.1% from 1Q 2023). Net income: CN¥33.6m (up 4.7% from 1Q 2023). Profit margin: 1.2% (up from 1.1% in 1Q 2023). The increase in margin was driven by lower expenses. Revenue is forecast to grow 8.2% p.a. on average during the next 2 years, compared to a 16% growth forecast for the Packaging industry in China. Over the last 3 years on average, earnings per share has fallen by 42% per year but the company’s share price has only fallen by 9% per year, which means it has not declined as severely as earnings.Price Target Changed • Apr 23Price target decreased by 11% to CN¥3.20Down from CN¥3.60, the current price target is provided by 1 analyst. New target price is 27% above last closing price of CN¥2.51. Stock is down 21% over the past year. The company is forecast to post earnings per share of CN¥0.13 for next year compared to CN¥0.09 last year.공고 • Apr 21Xiamen Hexing Packaging Printing Co., Ltd., Annual General Meeting, May 10, 2024Xiamen Hexing Packaging Printing Co., Ltd., Annual General Meeting, May 10, 2024, at 14:30 China Standard Time. Location: The Company's Meeting Room, Xiamen, Fujian ChinaReported Earnings • Apr 20Full year 2023 earnings: EPS and revenues miss analyst expectationsFull year 2023 results: EPS: CN¥0.09 (down from CN¥0.11 in FY 2022). Revenue: CN¥12.4b (down 19% from FY 2022). Net income: CN¥103.1m (down 22% from FY 2022). Profit margin: 0.8% (down from 0.9% in FY 2022). The decrease in margin was driven by lower revenue. Revenue missed analyst estimates by 5.3%. Earnings per share (EPS) also missed analyst estimates by 31%. Over the last 3 years on average, earnings per share has fallen by 41% per year but the company’s share price has only fallen by 12% per year, which means it has not declined as severely as earnings.공고 • Mar 30Xiamen Hexing Packaging Printing Co., Ltd. to Report Q1, 2024 Results on Apr 30, 2024Xiamen Hexing Packaging Printing Co., Ltd. announced that they will report Q1, 2024 results on Apr 30, 2024Valuation Update With 7 Day Price Move • Feb 02Investor sentiment deteriorates as stock falls 21%After last week's 21% share price decline to CN¥2.60, the stock trades at a forward P/E ratio of 17x. Average forward P/E is 16x in the Packaging industry in China. Total loss to shareholders of 25% over the past three years.공고 • Dec 29Xiamen Hexing Packaging Printing Co., Ltd. to Report Fiscal Year 2023 Results on Apr 20, 2024Xiamen Hexing Packaging Printing Co., Ltd. announced that they will report fiscal year 2023 results on Apr 20, 2024Major Estimate Revision • Nov 06Consensus revenue estimates fall by 18%The consensus outlook for revenues in fiscal year 2023 has deteriorated. 2023 revenue forecast decreased from CN¥16.0b to CN¥13.1b. EPS estimate fell from CN¥0.16 to CN¥0.13 per share. Net income forecast to grow 76% next year vs 64% growth forecast for Packaging industry in China. Consensus price target down from CN¥3.70 to CN¥3.60. Share price rose 3.6% to CN¥3.43 over the past week.Reported Earnings • Nov 01Third quarter 2023 earnings released: EPS: CN¥0.043 (vs CN¥0.031 in 3Q 2022)Third quarter 2023 results: EPS: CN¥0.043 (up from CN¥0.031 in 3Q 2022). Revenue: CN¥3.14b (down 14% from 3Q 2022). Net income: CN¥39.9m (up 2.6% from 3Q 2022). Profit margin: 1.3% (up from 1.1% in 3Q 2022). Revenue is forecast to grow 8.9% p.a. on average during the next 2 years, compared to a 19% growth forecast for the Packaging industry in China. Over the last 3 years on average, earnings per share has fallen by 39% per year but the company’s share price has only fallen by 8% per year, which means it has not declined as severely as earnings.공고 • Sep 30Xiamen Hexing Packaging Printing Co., Ltd. to Report Q3, 2023 Results on Oct 31, 2023Xiamen Hexing Packaging Printing Co., Ltd. announced that they will report Q3, 2023 results on Oct 31, 2023Reported Earnings • Aug 30Second quarter 2023 earnings released: EPS: CN¥0.03 (vs CN¥0.051 in 2Q 2022)Second quarter 2023 results: EPS: CN¥0.03 (down from CN¥0.051 in 2Q 2022). Revenue: CN¥3.26b (down 23% from 2Q 2022). Net income: CN¥47.8m (down 12% from 2Q 2022). Profit margin: 1.5% (up from 1.3% in 2Q 2022). Revenue is forecast to grow 16% p.a. on average during the next 2 years, compared to a 19% growth forecast for the Packaging industry in China. Over the last 3 years on average, earnings per share has fallen by 34% per year but the company’s share price has only fallen by 14% per year, which means it has not declined as severely as earnings.공고 • May 26Xiamen Hexing Packaging Printing Co., Ltd. (SZSE:002228) announces an Equity Buyback for CNY 100 million worth of its shares.Xiamen Hexing Packaging Printing Co., Ltd. (SZSE:002228) announces a share repurchase program. Under the program, the company will repurchase up to CNY 100 million worth of its shares. The shares will be repurchased at a price not more than CNY 4.89 per share. The repurchased shares will be used for the implementation of employee stock ownership plans or equity incentive plan. The program will be valid till earlier of 12 months.공고 • May 18Xiamen Hexing Packaging Printing Co., Ltd. Approves the Cash Dividend for the Year 2022Xiamen Hexing Packaging Printing Co., Ltd. approved the cash dividend of CNY 1.20 (tax included) per 10 share for the year 2022, at the AGM held on May 16, 2022.Major Estimate Revision • May 06Consensus EPS estimates fall by 11%The consensus outlook for earnings per share (EPS) in fiscal year 2023 has deteriorated. 2023 revenue forecast decreased from CN¥17.2b to CN¥16.0b. EPS estimate also fell from CN¥0.18 per share to CN¥0.16 per share. Net income forecast to grow 87% next year vs 91% growth forecast for Packaging industry in China. Consensus price target of CN¥3.70 unchanged from last update. Share price was steady at CN¥3.25 over the past week.Reported Earnings • Apr 22Full year 2022 earnings: EPS and revenues miss analyst expectationsFull year 2022 results: EPS: CN¥0.11 (down from CN¥0.18 in FY 2021). Revenue: CN¥15.4b (down 12% from FY 2021). Net income: CN¥132.2m (down 40% from FY 2021). Profit margin: 0.9% (down from 1.2% in FY 2021). The decrease in margin was driven by lower revenue. Revenue missed analyst estimates by 5.0%. Earnings per share (EPS) also missed analyst estimates by 27%. Revenue is forecast to grow 9.6% p.a. on average during the next 2 years, compared to a 20% growth forecast for the Packaging industry in China. Over the last 3 years on average, earnings per share has fallen by 20% per year but the company’s share price has only fallen by 5% per year, which means it has not declined as severely as earnings.Price Target Changed • Nov 16Price target decreased to CN¥3.75Down from CN¥4.51, the current price target is an average from 2 analysts. New target price is 15% above last closing price of CN¥3.27. Stock is down 5.5% over the past year. The company is forecast to post earnings per share of CN¥0.17 for next year compared to CN¥0.18 last year.Board Change • Nov 16Less than half of directors are independentThere is 1 new director who has joined the board in the last 3 years. The new board member was an independent director. The company's board is composed of: 1 new director. 9 experienced directors. No highly experienced directors. 3 independent directors (4 non-independent directors). Independent Director Jian Xiong Huang was the last independent director to join the board, commencing their role in 2022. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.Reported Earnings • Oct 30Third quarter 2022 earnings released: EPS: CN¥0.031 (vs CN¥0.049 in 3Q 2021)Third quarter 2022 results: EPS: CN¥0.031 (down from CN¥0.049 in 3Q 2021). Revenue: CN¥3.64b (down 18% from 3Q 2021). Net income: CN¥38.9m (down 28% from 3Q 2021). Profit margin: 1.1% (down from 1.2% in 3Q 2021). Revenue is forecast to grow 15% p.a. on average during the next 3 years, compared to a 20% growth forecast for the Packaging industry in China. Over the last 3 years on average, earnings per share has fallen by 12% per year whereas the company’s share price has fallen by 9% per year.Major Estimate Revision • Sep 04Consensus EPS estimates fall by 21%The consensus outlook for earnings per share (EPS) in 2022 has deteriorated. 2022 revenue forecast decreased from CN¥19.7b to CN¥19.3b. EPS estimate also fell from CN¥0.26 per share to CN¥0.21 per share. Net income forecast to grow 35% next year vs 55% growth forecast for Packaging industry in China. Consensus price target down from CN¥4.51 to CN¥4.18. Share price was steady at CN¥3.42 over the past week.Reported Earnings • Aug 29Second quarter 2022 earnings released: EPS: CN¥0.051 (vs CN¥0.069 in 2Q 2021)Second quarter 2022 results: EPS: CN¥0.051 (down from CN¥0.069 in 2Q 2021). Revenue: CN¥4.21b (down 5.6% from 2Q 2021). Net income: CN¥54.3m (down 40% from 2Q 2021). Profit margin: 1.3% (down from 2.0% in 2Q 2021). Over the next year, revenue is forecast to grow 22%, compared to a 33% growth forecast for the Packaging industry in China. Over the last 3 years on average, earnings per share has fallen by 6% per year and the company’s share price has also fallen by 6% per year.공고 • Jul 05Xiamen Hexing Packaging Printing Co., Ltd. Announces 2021 Final Profit Distribution Plan to Be Implemented (A Shares), Payable on 8 July 2022Xiamen Hexing Packaging Printing Co., Ltd. announced 2021 final profit distribution plan to be implemented (A shares) of Cash dividend/10 shares (tax included): CNY 1.50000000. Record date is 7 July 2022, Ex-date is 8 July 2022 and payment date is 8 July 2022.공고 • May 15Xiamen Hexing Packaging Printing Co., Ltd Approves Cash Dividend for 2021Xiamen Hexing Packaging Printing Co., Ltd. announced at annual general meeting held on12 May 2022, the shareholders approved cash dividend of CNY 1.50000000 per ten shares (tax included) for the year 2021.Reported Earnings • May 02First quarter 2022 earnings: Revenues exceed analysts expectations while EPS lags behindFirst quarter 2022 results: EPS: CN¥0.04 (down from CN¥0.05 in 1Q 2021). Revenue: CN¥3.91b (up 4.3% from 1Q 2021). Net income: CN¥52.3m (down 14% from 1Q 2021). Profit margin: 1.3% (down from 1.6% in 1Q 2021). Revenue exceeded analyst estimates by 4.1%. Earnings per share (EPS) missed analyst estimates by 12%. Over the next year, revenue is forecast to grow 16%, compared to a 29% growth forecast for the industry in China. Over the last 3 years on average, earnings per share has fallen by 1% per year but the company’s share price has fallen by 12% per year, which means it is performing significantly worse than earnings.Price Target Changed • Apr 27Price target increased to CN¥4.51Up from CN¥4.19, the current price target is an average from 2 analysts. New target price is 39% above last closing price of CN¥3.24. Stock is down 13% over the past year. The company is forecast to post earnings per share of CN¥0.26 for next year compared to CN¥0.18 last year.Board Change • Apr 27Less than half of directors are independentThere is 1 new director who has joined the board in the last 3 years. The new board member was an independent director. The company's board is composed of: 1 new director. 10 experienced directors. No highly experienced directors. 3 independent directors (4 non-independent directors). Independent Director Jian Xiong Huang was the last independent director to join the board, commencing their role in 2022. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.공고 • Apr 24Xiamen Hexing Packaging Printing Co., Ltd., Annual General Meeting, May 12, 2022Xiamen Hexing Packaging Printing Co., Ltd., Annual General Meeting, May 12, 2022, at 14:30 China Standard Time. Agenda: To consider 2021 work report of the board of directors; to consider 2021 work report of the supervisory committee; to consider 2021 annual accounts; to consider 2021 profit distribution plan; to consider 2021 annual report and its summary; to consider reappointment of 2022 audit firm; to consider change of the Company's registered capital and amendments to the Company's articles of association; and to consider other matters.공고 • Apr 22Xiamen Hexing Packaging Printing Co., Ltd. Proposes Dividend for 2021Xiamen Hexing Packaging Printing Co., Ltd. proposed Cash dividend/10 shares (tax included) of CNY 1.50000000 for 2021.Reported Earnings • Apr 21Full year 2021 earnings: Revenues exceed analysts expectations while EPS lags behindFull year 2021 results: EPS: CN¥0.18 (down from CN¥0.24 in FY 2020). Revenue: CN¥17.5b (up 46% from FY 2020). Net income: CN¥218.4m (down 25% from FY 2020). Profit margin: 1.2% (down from 2.4% in FY 2020). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 4.1%. Earnings per share (EPS) missed analyst estimates by 12%. Over the next year, revenue is forecast to grow 6.7%, compared to a 26% growth forecast for the industry in China. Over the last 3 years on average, earnings per share has increased by 4% per year but the company’s share price has fallen by 13% per year, which means it is significantly lagging earnings.공고 • Feb 22Xiamen Hexing Packaging Printing Co., Ltd. Elects Huang Jianxiong as Independent DirectorsXiamen Hexing Packaging Printing Co., Ltd. at the EGM held on 18 February 2022, elected Huang Jianxiong as independent directors.Price Target Changed • Nov 03Price target decreased to CN¥4.19Down from CN¥4.89, the current price target is an average from 2 analysts. New target price is 22% above last closing price of CN¥3.43. Stock is down 23% over the past year. The company is forecast to post earnings per share of CN¥0.20 for next year compared to CN¥0.24 last year.Reported Earnings • Oct 28Third quarter 2021 earnings released: EPS CN¥0.049 (vs CN¥0.06 in 3Q 2020)The company reported a mediocre third quarter result with weaker earnings and profit margins, although revenues improved. Third quarter 2021 results: Revenue: CN¥4.45b (up 35% from 3Q 2020). Net income: CN¥53.9m (down 32% from 3Q 2020). Profit margin: 1.2% (down from 2.4% in 3Q 2020). Over the last 3 years on average, earnings per share has increased by 8% per year but the company’s share price has fallen by 12% per year, which means it is significantly lagging earnings.공고 • Jun 16Xiamen Hexing Packaging Printing Co., Ltd. (SZSE:002228) announces an Equity Buyback for CNY 100 million worth of its shares.Xiamen Hexing Packaging Printing Co., Ltd. (SZSE:002228) announces a share repurchase program. Under the program, the company will repurchase up to CNY 100 million worth of its shares. The shares will be repurchased at a price not more than CNY 5.69 per share. The repurchases will be funded using company's own funds. The repurchased shares will be used for the implementation of employee stock ownership plans or equity incentive plan, otherwise will be cancelled thereby reducing the registered capital. The program will be valid till earlier of 12 months, or when the repurchase reaches the maximum limit, unless terminated by the Board earlier.공고 • May 16Xiamen Hexing Packaging Printing Co., Ltd. Approves Dividend for the Year 2020Xiamen Hexing Packaging Printing Co., Ltd. announced at annual general meeting held on May 13, 2021, the shareholders approved CNY 1.00000000 per ten shares (tax included) for the year 2020.Major Estimate Revision • Apr 27Consensus forecasts updatedThe consensus outlook for 2021 has been updated. 2021 revenue forecast increased from CN¥12.1b to CN¥13.6b. EPS estimate fell from CN¥0.28 to CN¥0.27. Net income forecast to grow 13% next year vs 30% growth forecast for Packaging industry in China. Consensus price target of CN¥5.49 unchanged from last update. Share price fell 3.4% to CN¥3.73 over the past week.Reported Earnings • Apr 25Full year 2020 earnings released: EPS CN¥0.24 (vs CN¥0.23 in FY 2019)The company reported a solid full year result with improved earnings and revenues, although profit margins were flat. Full year 2020 results: Revenue: CN¥12.0b (up 8.2% from FY 2019). Net income: CN¥290.1m (up 8.7% from FY 2019). Profit margin: 2.4% (in line with FY 2019). Over the last 3 years on average, earnings per share has increased by 17% per year but the company’s share price has fallen by 4% per year, which means it is significantly lagging earnings.공고 • Mar 08Xiamen Hexing Packaging Printing Co., Ltd. to Report Fiscal Year 2020 Results on Apr 21, 2021Xiamen Hexing Packaging Printing Co., Ltd. announced that they will report fiscal year 2020 results on Apr 21, 2021Is New 90 Day High Low • Feb 09New 90-day low: CN¥3.65The company is down 17% from its price of CN¥4.39 on 11 November 2020. The Chinese market is up 4.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Packaging industry, which is flat over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is CN¥1.06 per share.Is New 90 Day High Low • Jan 07New 90-day low: CN¥4.01The company is down 23% from its price of CN¥5.20 on 09 October 2020. The Chinese market is up 11% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Packaging industry, which is up 16% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is CN¥1.02 per share.Is New 90 Day High Low • Dec 09New 90-day low: CN¥4.24The company is down 21% from its price of CN¥5.40 on 10 September 2020. The Chinese market is up 5.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Packaging industry, which is up 3.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is CN¥0.89 per share.Is New 90 Day High Low • Nov 13New 90-day low: CN¥4.26The company is down 5.0% from its price of CN¥4.50 on 14 August 2020. The Chinese market is down 1.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Packaging industry, which is up 1.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is CN¥0.75 per share.Reported Earnings • Oct 30Third quarter earnings releasedOver the last 12 months the company has reported total profits of CN¥290.1m, up 18% from the prior year. Total revenue was CN¥10.9b over the last 12 months, down 3.2% from the prior year.공고 • Aug 13Xiamen Hexing Packaging Printing Co., Ltd. to Report First Half, 2020 Results on Aug 29, 2020Xiamen Hexing Packaging Printing Co., Ltd. announced that they will report first half, 2020 results on Aug 29, 2020이익 및 매출 성장 예측SZSE:002228 - 애널리스트 향후 추정치 및 과거 재무 데이터 (CNY Millions)날짜매출이익자유현금흐름영업현금흐름평균 애널리스트 수12/31/202711,739236N/A571112/31/202611,038231N/A70313/31/202610,37094-81182N/A12/31/202510,19410322258N/A9/30/202510,625109229449N/A6/30/202510,92912173300N/A3/31/202511,231110320491N/A12/31/202411,47094358549N/A9/30/202411,625128405633N/A6/30/202411,867111499722N/A3/31/202412,172105279631N/A12/31/202312,414103163515N/A9/30/202312,98710614376N/A6/30/202313,48910546446N/A3/31/202314,443112241591N/A1/1/202315,375132261656N/A9/30/202216,646159173590N/A6/30/202217,45817447504N/A3/31/202217,709210-201339N/A1/1/202217,549218-273300N/A9/30/202116,603277-243433N/A6/30/202115,456303-407289N/A3/31/202113,824314-426258N/A12/31/202012,007290-254350N/A9/30/202010,917290-360121N/A6/30/202010,37627143439N/A3/31/202010,151235206471N/A12/31/201911,097267N/A391N/A9/30/201911,281245N/A764N/A6/30/201911,807246N/A579N/A3/31/201912,385243N/A845N/A12/31/201812,166233N/A558N/A9/30/201813,604221N/A432N/A6/30/201812,049191N/A292N/A3/31/201810,257169N/A-163N/A12/31/20178,748142N/A-229N/A9/30/20175,342136N/A-283N/A6/30/20174,475123N/A-67N/A3/31/20173,924111N/A128N/A12/31/20164,560417N/A349N/A9/30/20163,23092N/A342N/A6/30/20163,075100N/A196N/A3/31/20163,029117N/A182N/A12/31/20152,852115N/A160N/A9/30/20152,774128N/A222N/A더 보기애널리스트 향후 성장 전망수입 대 저축률: 002228 의 연간 예상 수익 증가율(41%)이 saving rate(2.4%)보다 높습니다.수익 vs 시장: 002228 의 연간 수익(41%)이 CN 시장(25.1%)보다 빠르게 성장할 것으로 예상됩니다.고성장 수익: 002228 의 수입은 향후 3년 동안 상당히 증가할 것으로 예상됩니다.수익 대 시장: 002228 의 수익(연간 7%)이 CN 시장(연간 15.7%)보다 느리게 성장할 것으로 예상됩니다.고성장 매출: 002228 의 수익(연간 7%)은 연간 20%보다 느리게 증가할 것으로 예상됩니다.주당순이익 성장 예측향후 자기자본이익률미래 ROE: 002228의 자본 수익률이 3년 후 높을 것으로 예상되는지 판단하기에 데이터가 부족합니다.성장 기업 찾아보기7D1Y7D1Y7D1YMaterials 산업의 고성장 기업.View Past Performance기업 분석 및 재무 데이터 상태데이터최종 업데이트 (UTC 시간)기업 분석2026/07/31 02:54종가2026/07/31 00:00수익2026/03/31연간 수익2025/12/31데이터 소스당사의 기업 분석에 사용되는 데이터는 S&P Global Market Intelligence LLC에서 제공됩니다. 아래 데이터는 이 보고서를 생성하기 위해 분석 모델에서 사용됩니다. 데이터는 정규화되므로 소스가 제공된 후 지연이 발생할 수 있습니다.패키지데이터기간미국 소스 예시 *기업 재무제표10년손익계산서현금흐름표대차대조표SEC 양식 10-KSEC 양식 10-Q분석가 컨센서스 추정치+3년재무 예측분석가 목표주가분석가 리서치 보고서Blue Matrix시장 가격30년주가배당, 분할 및 기타 조치ICE 시장 데이터SEC 양식 S-1지분 구조10년주요 주주내부자 거래SEC 양식 4SEC 양식 13D경영진10년리더십 팀이사회SEC 양식 10-KSEC 양식 DEF 14A주요 개발10년회사 공시SEC 양식 8-K* 미국 증권에 대한 예시이며, 비(非)미국 증권에는 해당 국가의 규제 서식 및 자료원을 사용합니다.별도로 명시되지 않는 한 모든 재무 데이터는 연간 기간을 기준으로 하지만 분기별로 업데이트됩니다. 이를 TTM(최근 12개월) 또는 LTM(지난 12개월) 데이터라고 합니다. 자세히 알아보기.분석 모델 및 스노우플레이크이 보고서를 생성하는 데 사용된 분석 모델의 세부 정보는 당사의 GitHub 페이지에서 확인하실 수 있습니다. 또한 보고서 사용 방법에 대한 가이드와 YouTube 튜토리얼도 제공하고 있습니다.Simply Wall St 분석 모델을 설계하고 구축한 세계적 수준의 팀에 대해 알아보세요.산업 및 섹터 지표산업 및 섹터 지표는 Simply Wall St가 6시간마다 계산하며, 프로세스에 대한 자세한 내용은 Github에서 확인할 수 있습니다.분석가 소스Xiamen Hexing Packaging Printing Co., Ltd.는 7명의 분석가가 다루고 있습니다. 이 중 1명의 분석가가 우리 보고서에 입력 데이터로 사용되는 매출 또는 수익 추정치를 제출했습니다. 분석가의 제출 자료는 하루 종일 업데이트됩니다.분석가기관Zhuonan XuChina International Capital Corporation LimitedJun XuCitic Securities Co., Ltd.Quanhong LiEverbright Securities Co. Ltd.4명의 분석가 더 보기
Major Estimate Revision • Sep 20Consensus revenue estimates decrease by 11%The consensus outlook for fiscal year 2024 has been updated. 2024 revenue forecast fell from CN¥12.9b to CN¥11.5b. EPS estimate unchanged from CN¥0.13 per share at last update. Packaging industry in China expected to see average net income growth of 50% next year. Consensus price target of CN¥3.20 unchanged from last update. Share price rose 2.9% to CN¥2.52 over the past week.
Price Target Changed • Apr 23Price target decreased by 11% to CN¥3.20Down from CN¥3.60, the current price target is provided by 1 analyst. New target price is 27% above last closing price of CN¥2.51. Stock is down 21% over the past year. The company is forecast to post earnings per share of CN¥0.13 for next year compared to CN¥0.09 last year.
Major Estimate Revision • Nov 06Consensus revenue estimates fall by 18%The consensus outlook for revenues in fiscal year 2023 has deteriorated. 2023 revenue forecast decreased from CN¥16.0b to CN¥13.1b. EPS estimate fell from CN¥0.16 to CN¥0.13 per share. Net income forecast to grow 76% next year vs 64% growth forecast for Packaging industry in China. Consensus price target down from CN¥3.70 to CN¥3.60. Share price rose 3.6% to CN¥3.43 over the past week.
Major Estimate Revision • May 06Consensus EPS estimates fall by 11%The consensus outlook for earnings per share (EPS) in fiscal year 2023 has deteriorated. 2023 revenue forecast decreased from CN¥17.2b to CN¥16.0b. EPS estimate also fell from CN¥0.18 per share to CN¥0.16 per share. Net income forecast to grow 87% next year vs 91% growth forecast for Packaging industry in China. Consensus price target of CN¥3.70 unchanged from last update. Share price was steady at CN¥3.25 over the past week.
Price Target Changed • Nov 16Price target decreased to CN¥3.75Down from CN¥4.51, the current price target is an average from 2 analysts. New target price is 15% above last closing price of CN¥3.27. Stock is down 5.5% over the past year. The company is forecast to post earnings per share of CN¥0.17 for next year compared to CN¥0.18 last year.
Major Estimate Revision • Sep 04Consensus EPS estimates fall by 21%The consensus outlook for earnings per share (EPS) in 2022 has deteriorated. 2022 revenue forecast decreased from CN¥19.7b to CN¥19.3b. EPS estimate also fell from CN¥0.26 per share to CN¥0.21 per share. Net income forecast to grow 35% next year vs 55% growth forecast for Packaging industry in China. Consensus price target down from CN¥4.51 to CN¥4.18. Share price was steady at CN¥3.42 over the past week.
공고 • Jun 30Xiamen Hexing Packaging Printing Co., Ltd. to Report First Half, 2026 Results on Aug 29, 2026Xiamen Hexing Packaging Printing Co., Ltd. announced that they will report first half, 2026 results on Aug 29, 2026
공고 • May 30Xiamen Hexing Packaging Printing Co., Ltd. Approves Cash Dividend (Tax Included) for 2025Xiamen Hexing Packaging Printing Co., Ltd. at the AGM held on May 27, 2026, approved cash dividend (tax included) for 2025 of CNY 0.60000000 per 10 shares.
Reported Earnings • Apr 27Full year 2025 earnings: EPS and revenues miss analyst expectationsFull year 2025 results: EPS: CN¥0.09 (up from CN¥0.08 in FY 2024). Revenue: CN¥10.2b (down 11% from FY 2024). Net income: CN¥103.5m (up 11% from FY 2024). Profit margin: 1.0% (up from 0.8% in FY 2024). The increase in margin was driven by lower expenses. Revenue missed analyst estimates by 15%. Earnings per share (EPS) also missed analyst estimates by 36%. Over the last 3 years on average, earnings per share has remained flat but the company’s share price has increased by 6% per year, which means it is well ahead of earnings.
공고 • Apr 26Xiamen Hexing Packaging Printing Co., Ltd., Annual General Meeting, May 27, 2026Xiamen Hexing Packaging Printing Co., Ltd., Annual General Meeting, May 27, 2026, at 14:30 China Standard Time. Location: The Company's Meeting Room, Xiamen, Fujian China
공고 • Mar 31Xiamen Hexing Packaging Printing Co., Ltd. to Report Q1, 2026 Results on Apr 27, 2026Xiamen Hexing Packaging Printing Co., Ltd. announced that they will report Q1, 2026 results on Apr 27, 2026
공고 • Dec 31Xiamen Hexing Packaging Printing Co., Ltd. to Report Fiscal Year 2025 Results on Apr 27, 2026Xiamen Hexing Packaging Printing Co., Ltd. announced that they will report fiscal year 2025 results on Apr 27, 2026
Valuation Update With 7 Day Price Move • Dec 16Investor sentiment deteriorates as stock falls 17%After last week's 17% share price decline to CN¥3.92, the stock trades at a forward P/E ratio of 22x. Average forward P/E is 25x in the Packaging industry in China. Total returns to shareholders of 41% over the past three years.
New Risk • Dec 05New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Chinese stocks, typically moving 7.2% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Dividend is not well covered by earnings and cash flows. Payout ratio: 186% Cash payout ratio: 92% Minor Risk Share price has been volatile over the past 3 months (7.2% average weekly change).
Valuation Update With 7 Day Price Move • Nov 13Investor sentiment improves as stock rises 17%After last week's 17% share price gain to CN¥4.08, the stock trades at a forward P/E ratio of 23x. Average forward P/E is 23x in the Packaging industry in China. Total returns to shareholders of 42% over the past three years.
Reported Earnings • Oct 30Third quarter 2025 earnings released: EPS: CN¥0.04 (vs CN¥0.051 in 3Q 2024)Third quarter 2025 results: EPS: CN¥0.04 (down from CN¥0.051 in 3Q 2024). Revenue: CN¥2.59b (down 11% from 3Q 2024). Net income: CN¥44.4m (down 21% from 3Q 2024). Profit margin: 1.7% (down from 1.9% in 3Q 2024). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 11% p.a. on average during the next 2 years, compared to a 13% growth forecast for the Packaging industry in China. Over the last 3 years on average, earnings per share has fallen by 4% per year but the company’s share price has increased by 4% per year, which means it is well ahead of earnings.
New Risk • Oct 30New major risk - Revenue and earnings growthEarnings have declined by 28% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Dividend is not well covered by earnings and cash flows. Payout ratio: 166% Cash payout ratio: 284% Earnings have declined by 28% per year over the past 5 years.
공고 • Sep 30Xiamen Hexing Packaging Printing Co., Ltd. to Report Q3, 2025 Results on Oct 30, 2025Xiamen Hexing Packaging Printing Co., Ltd. announced that they will report Q3, 2025 results on Oct 30, 2025
New Risk • Sep 06New major risk - Dividend sustainabilityThe dividend is not well covered by earnings and cash flows. Payout ratio: 166% Cash payout ratio: 284% Dividend yield: 5.4% This is considered a major risk. Companies that pay out too much of their earnings and cash flows are at risk of having to reduce or cut their dividend in future. If earnings or cash flows stagnate or fall, then there may not be enough to maintain the same dividend. Or in extreme cases, companies may opt to dig into capital reserves or take on debt to maintain the dividend. For dividend paying companies, any reduction in the dividend can significantly impact the share price. This is currently the only risk that has been identified for the company.
공고 • Jul 02Xiamen Hexing Packaging Printing Co., Ltd. to Report First Half, 2025 Results on Aug 30, 2025Xiamen Hexing Packaging Printing Co., Ltd. announced that they will report first half, 2025 results on Aug 30, 2025
Board Change • May 21Less than half of directors are independentFollowing the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 4 non-independent directors. Independent Director Yong Hua Lu was the last independent director to join the board, commencing their role in 2025. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
공고 • May 20Xiamen Hexing Packaging Printing Co., Ltd. (SZSE:002228) announces an Equity Buyback for CNY 100 million worth of its shares.Xiamen Hexing Packaging Printing Co., Ltd. (SZSE:002228) announces a share repurchase program. Under the program, the company will repurchase up to CNY 100 million worth of its shares. The shares will be repurchased at a price not more than CNY 4.67 per share. The repurchased shares will be used for the implementation of employee stock ownership plans or equity incentive plan. The company will use its own funds and/or raised funds (including bank repurchase special loans, etc.) to repurchase its shares. The program will be valid till earlier of 12 months.
New Risk • Apr 26New major risk - Revenue and earnings growthEarnings have declined by 24% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 24% per year over the past 5 years. Minor Risk Dividend is not well covered by earnings (108% payout ratio).
Reported Earnings • Apr 26Full year 2024 earnings: EPS misses analyst expectationsFull year 2024 results: EPS: CN¥0.08 (down from CN¥0.09 in FY 2023). Revenue: CN¥11.5b (down 7.6% from FY 2023). Net income: CN¥93.6m (down 9.3% from FY 2023). Profit margin: 0.8% (in line with FY 2023). Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 38%. Over the last 3 years on average, earnings per share has fallen by 24% per year but the company’s share price has only fallen by 1% per year, which means it has not declined as severely as earnings.
공고 • Apr 26Xiamen Hexing Packaging Printing Co., Ltd., Annual General Meeting, Jun 06, 2025Xiamen Hexing Packaging Printing Co., Ltd., Annual General Meeting, Jun 06, 2025, at 14:30 China Standard Time. Location: The Company's Meeting Room, Xiamen, Fujian China
공고 • Mar 31Xiamen Hexing Packaging Printing Co., Ltd. to Report Q1, 2025 Results on Apr 26, 2025Xiamen Hexing Packaging Printing Co., Ltd. announced that they will report Q1, 2025 results on Apr 26, 2025
공고 • Dec 31Xiamen Hexing Packaging Printing Co., Ltd. to Report Fiscal Year 2024 Results on Apr 26, 2025Xiamen Hexing Packaging Printing Co., Ltd. announced that they will report fiscal year 2024 results on Apr 26, 2025
Reported Earnings • Oct 29Third quarter 2024 earnings released: EPS: CN¥0.051 (vs CN¥0.043 in 3Q 2023)Third quarter 2024 results: EPS: CN¥0.051 (up from CN¥0.043 in 3Q 2023). Revenue: CN¥2.90b (down 7.7% from 3Q 2023). Net income: CN¥56.4m (up 41% from 3Q 2023). Profit margin: 1.9% (up from 1.3% in 3Q 2023). The increase in margin was driven by lower expenses. Revenue is forecast to grow 6.6% p.a. on average during the next 2 years, compared to a 12% growth forecast for the Packaging industry in China. Over the last 3 years on average, earnings per share has fallen by 30% per year but the company’s share price has only fallen by 5% per year, which means it has not declined as severely as earnings.
분석 기사 • Oct 15Some Investors May Be Worried About Xiamen Hexing Packaging Printing's (SZSE:002228) Returns On CapitalIf we want to find a potential multi-bagger, often there are underlying trends that can provide clues. Firstly, we'd...
공고 • Sep 30Xiamen Hexing Packaging Printing Co., Ltd. to Report Q3, 2024 Results on Oct 29, 2024Xiamen Hexing Packaging Printing Co., Ltd. announced that they will report Q3, 2024 results on Oct 29, 2024
Valuation Update With 7 Day Price Move • Sep 30Investor sentiment improves as stock rises 15%After last week's 15% share price gain to CN¥2.91, the stock trades at a forward P/E ratio of 20x. Average forward P/E is 19x in the Packaging industry in China. Total loss to shareholders of 7.8% over the past three years.
Major Estimate Revision • Sep 20Consensus revenue estimates decrease by 11%The consensus outlook for fiscal year 2024 has been updated. 2024 revenue forecast fell from CN¥12.9b to CN¥11.5b. EPS estimate unchanged from CN¥0.13 per share at last update. Packaging industry in China expected to see average net income growth of 50% next year. Consensus price target of CN¥3.20 unchanged from last update. Share price rose 2.9% to CN¥2.52 over the past week.
Reported Earnings • Aug 31Second quarter 2024 earnings released: EPS: CN¥0.039 (vs CN¥0.03 in 2Q 2023)Second quarter 2024 results: EPS: CN¥0.039 (up from CN¥0.03 in 2Q 2023). Revenue: CN¥2.95b (down 9.4% from 2Q 2023). Net income: CN¥54.5m (up 14% from 2Q 2023). Profit margin: 1.8% (up from 1.5% in 2Q 2023). The increase in margin was driven by lower expenses. Revenue is forecast to grow 11% p.a. on average during the next 2 years, compared to a 15% growth forecast for the Packaging industry in China. Over the last 3 years on average, earnings per share has fallen by 37% per year but the company’s share price has only fallen by 13% per year, which means it has not declined as severely as earnings.
공고 • Jun 29Xiamen Hexing Packaging Printing Co., Ltd. to Report First Half, 2024 Results on Aug 31, 2024Xiamen Hexing Packaging Printing Co., Ltd. announced that they will report first half, 2024 results on Aug 31, 2024
공고 • Jun 01Xiamen Hexing Packaging Printing Co., Ltd. Announces 2023 Final Profit Distribution Plan to Be Implemented on A Shares, Payable on 06 June 2024Xiamen Hexing Packaging Printing Co., Ltd. announced the 2023 final profit distribution plan to be implemented (A shares): Cash dividend (tax included) of CNY 1.20000000 per 10 shares. Record date is on 05 June 2024 with Ex-date is on 06 June 2024. Payment date is on 06 June 2024.
Reported Earnings • Apr 30First quarter 2024 earnings released: EPS: CN¥0.03 (vs CN¥0.03 in 1Q 2023)First quarter 2024 results: EPS: CN¥0.03 (in line with 1Q 2023). Revenue: CN¥2.74b (down 8.1% from 1Q 2023). Net income: CN¥33.6m (up 4.7% from 1Q 2023). Profit margin: 1.2% (up from 1.1% in 1Q 2023). The increase in margin was driven by lower expenses. Revenue is forecast to grow 8.2% p.a. on average during the next 2 years, compared to a 16% growth forecast for the Packaging industry in China. Over the last 3 years on average, earnings per share has fallen by 42% per year but the company’s share price has only fallen by 9% per year, which means it has not declined as severely as earnings.
Price Target Changed • Apr 23Price target decreased by 11% to CN¥3.20Down from CN¥3.60, the current price target is provided by 1 analyst. New target price is 27% above last closing price of CN¥2.51. Stock is down 21% over the past year. The company is forecast to post earnings per share of CN¥0.13 for next year compared to CN¥0.09 last year.
공고 • Apr 21Xiamen Hexing Packaging Printing Co., Ltd., Annual General Meeting, May 10, 2024Xiamen Hexing Packaging Printing Co., Ltd., Annual General Meeting, May 10, 2024, at 14:30 China Standard Time. Location: The Company's Meeting Room, Xiamen, Fujian China
Reported Earnings • Apr 20Full year 2023 earnings: EPS and revenues miss analyst expectationsFull year 2023 results: EPS: CN¥0.09 (down from CN¥0.11 in FY 2022). Revenue: CN¥12.4b (down 19% from FY 2022). Net income: CN¥103.1m (down 22% from FY 2022). Profit margin: 0.8% (down from 0.9% in FY 2022). The decrease in margin was driven by lower revenue. Revenue missed analyst estimates by 5.3%. Earnings per share (EPS) also missed analyst estimates by 31%. Over the last 3 years on average, earnings per share has fallen by 41% per year but the company’s share price has only fallen by 12% per year, which means it has not declined as severely as earnings.
공고 • Mar 30Xiamen Hexing Packaging Printing Co., Ltd. to Report Q1, 2024 Results on Apr 30, 2024Xiamen Hexing Packaging Printing Co., Ltd. announced that they will report Q1, 2024 results on Apr 30, 2024
Valuation Update With 7 Day Price Move • Feb 02Investor sentiment deteriorates as stock falls 21%After last week's 21% share price decline to CN¥2.60, the stock trades at a forward P/E ratio of 17x. Average forward P/E is 16x in the Packaging industry in China. Total loss to shareholders of 25% over the past three years.
공고 • Dec 29Xiamen Hexing Packaging Printing Co., Ltd. to Report Fiscal Year 2023 Results on Apr 20, 2024Xiamen Hexing Packaging Printing Co., Ltd. announced that they will report fiscal year 2023 results on Apr 20, 2024
Major Estimate Revision • Nov 06Consensus revenue estimates fall by 18%The consensus outlook for revenues in fiscal year 2023 has deteriorated. 2023 revenue forecast decreased from CN¥16.0b to CN¥13.1b. EPS estimate fell from CN¥0.16 to CN¥0.13 per share. Net income forecast to grow 76% next year vs 64% growth forecast for Packaging industry in China. Consensus price target down from CN¥3.70 to CN¥3.60. Share price rose 3.6% to CN¥3.43 over the past week.
Reported Earnings • Nov 01Third quarter 2023 earnings released: EPS: CN¥0.043 (vs CN¥0.031 in 3Q 2022)Third quarter 2023 results: EPS: CN¥0.043 (up from CN¥0.031 in 3Q 2022). Revenue: CN¥3.14b (down 14% from 3Q 2022). Net income: CN¥39.9m (up 2.6% from 3Q 2022). Profit margin: 1.3% (up from 1.1% in 3Q 2022). Revenue is forecast to grow 8.9% p.a. on average during the next 2 years, compared to a 19% growth forecast for the Packaging industry in China. Over the last 3 years on average, earnings per share has fallen by 39% per year but the company’s share price has only fallen by 8% per year, which means it has not declined as severely as earnings.
공고 • Sep 30Xiamen Hexing Packaging Printing Co., Ltd. to Report Q3, 2023 Results on Oct 31, 2023Xiamen Hexing Packaging Printing Co., Ltd. announced that they will report Q3, 2023 results on Oct 31, 2023
Reported Earnings • Aug 30Second quarter 2023 earnings released: EPS: CN¥0.03 (vs CN¥0.051 in 2Q 2022)Second quarter 2023 results: EPS: CN¥0.03 (down from CN¥0.051 in 2Q 2022). Revenue: CN¥3.26b (down 23% from 2Q 2022). Net income: CN¥47.8m (down 12% from 2Q 2022). Profit margin: 1.5% (up from 1.3% in 2Q 2022). Revenue is forecast to grow 16% p.a. on average during the next 2 years, compared to a 19% growth forecast for the Packaging industry in China. Over the last 3 years on average, earnings per share has fallen by 34% per year but the company’s share price has only fallen by 14% per year, which means it has not declined as severely as earnings.
공고 • May 26Xiamen Hexing Packaging Printing Co., Ltd. (SZSE:002228) announces an Equity Buyback for CNY 100 million worth of its shares.Xiamen Hexing Packaging Printing Co., Ltd. (SZSE:002228) announces a share repurchase program. Under the program, the company will repurchase up to CNY 100 million worth of its shares. The shares will be repurchased at a price not more than CNY 4.89 per share. The repurchased shares will be used for the implementation of employee stock ownership plans or equity incentive plan. The program will be valid till earlier of 12 months.
공고 • May 18Xiamen Hexing Packaging Printing Co., Ltd. Approves the Cash Dividend for the Year 2022Xiamen Hexing Packaging Printing Co., Ltd. approved the cash dividend of CNY 1.20 (tax included) per 10 share for the year 2022, at the AGM held on May 16, 2022.
Major Estimate Revision • May 06Consensus EPS estimates fall by 11%The consensus outlook for earnings per share (EPS) in fiscal year 2023 has deteriorated. 2023 revenue forecast decreased from CN¥17.2b to CN¥16.0b. EPS estimate also fell from CN¥0.18 per share to CN¥0.16 per share. Net income forecast to grow 87% next year vs 91% growth forecast for Packaging industry in China. Consensus price target of CN¥3.70 unchanged from last update. Share price was steady at CN¥3.25 over the past week.
Reported Earnings • Apr 22Full year 2022 earnings: EPS and revenues miss analyst expectationsFull year 2022 results: EPS: CN¥0.11 (down from CN¥0.18 in FY 2021). Revenue: CN¥15.4b (down 12% from FY 2021). Net income: CN¥132.2m (down 40% from FY 2021). Profit margin: 0.9% (down from 1.2% in FY 2021). The decrease in margin was driven by lower revenue. Revenue missed analyst estimates by 5.0%. Earnings per share (EPS) also missed analyst estimates by 27%. Revenue is forecast to grow 9.6% p.a. on average during the next 2 years, compared to a 20% growth forecast for the Packaging industry in China. Over the last 3 years on average, earnings per share has fallen by 20% per year but the company’s share price has only fallen by 5% per year, which means it has not declined as severely as earnings.
Price Target Changed • Nov 16Price target decreased to CN¥3.75Down from CN¥4.51, the current price target is an average from 2 analysts. New target price is 15% above last closing price of CN¥3.27. Stock is down 5.5% over the past year. The company is forecast to post earnings per share of CN¥0.17 for next year compared to CN¥0.18 last year.
Board Change • Nov 16Less than half of directors are independentThere is 1 new director who has joined the board in the last 3 years. The new board member was an independent director. The company's board is composed of: 1 new director. 9 experienced directors. No highly experienced directors. 3 independent directors (4 non-independent directors). Independent Director Jian Xiong Huang was the last independent director to join the board, commencing their role in 2022. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.
Reported Earnings • Oct 30Third quarter 2022 earnings released: EPS: CN¥0.031 (vs CN¥0.049 in 3Q 2021)Third quarter 2022 results: EPS: CN¥0.031 (down from CN¥0.049 in 3Q 2021). Revenue: CN¥3.64b (down 18% from 3Q 2021). Net income: CN¥38.9m (down 28% from 3Q 2021). Profit margin: 1.1% (down from 1.2% in 3Q 2021). Revenue is forecast to grow 15% p.a. on average during the next 3 years, compared to a 20% growth forecast for the Packaging industry in China. Over the last 3 years on average, earnings per share has fallen by 12% per year whereas the company’s share price has fallen by 9% per year.
Major Estimate Revision • Sep 04Consensus EPS estimates fall by 21%The consensus outlook for earnings per share (EPS) in 2022 has deteriorated. 2022 revenue forecast decreased from CN¥19.7b to CN¥19.3b. EPS estimate also fell from CN¥0.26 per share to CN¥0.21 per share. Net income forecast to grow 35% next year vs 55% growth forecast for Packaging industry in China. Consensus price target down from CN¥4.51 to CN¥4.18. Share price was steady at CN¥3.42 over the past week.
Reported Earnings • Aug 29Second quarter 2022 earnings released: EPS: CN¥0.051 (vs CN¥0.069 in 2Q 2021)Second quarter 2022 results: EPS: CN¥0.051 (down from CN¥0.069 in 2Q 2021). Revenue: CN¥4.21b (down 5.6% from 2Q 2021). Net income: CN¥54.3m (down 40% from 2Q 2021). Profit margin: 1.3% (down from 2.0% in 2Q 2021). Over the next year, revenue is forecast to grow 22%, compared to a 33% growth forecast for the Packaging industry in China. Over the last 3 years on average, earnings per share has fallen by 6% per year and the company’s share price has also fallen by 6% per year.
공고 • Jul 05Xiamen Hexing Packaging Printing Co., Ltd. Announces 2021 Final Profit Distribution Plan to Be Implemented (A Shares), Payable on 8 July 2022Xiamen Hexing Packaging Printing Co., Ltd. announced 2021 final profit distribution plan to be implemented (A shares) of Cash dividend/10 shares (tax included): CNY 1.50000000. Record date is 7 July 2022, Ex-date is 8 July 2022 and payment date is 8 July 2022.
공고 • May 15Xiamen Hexing Packaging Printing Co., Ltd Approves Cash Dividend for 2021Xiamen Hexing Packaging Printing Co., Ltd. announced at annual general meeting held on12 May 2022, the shareholders approved cash dividend of CNY 1.50000000 per ten shares (tax included) for the year 2021.
Reported Earnings • May 02First quarter 2022 earnings: Revenues exceed analysts expectations while EPS lags behindFirst quarter 2022 results: EPS: CN¥0.04 (down from CN¥0.05 in 1Q 2021). Revenue: CN¥3.91b (up 4.3% from 1Q 2021). Net income: CN¥52.3m (down 14% from 1Q 2021). Profit margin: 1.3% (down from 1.6% in 1Q 2021). Revenue exceeded analyst estimates by 4.1%. Earnings per share (EPS) missed analyst estimates by 12%. Over the next year, revenue is forecast to grow 16%, compared to a 29% growth forecast for the industry in China. Over the last 3 years on average, earnings per share has fallen by 1% per year but the company’s share price has fallen by 12% per year, which means it is performing significantly worse than earnings.
Price Target Changed • Apr 27Price target increased to CN¥4.51Up from CN¥4.19, the current price target is an average from 2 analysts. New target price is 39% above last closing price of CN¥3.24. Stock is down 13% over the past year. The company is forecast to post earnings per share of CN¥0.26 for next year compared to CN¥0.18 last year.
Board Change • Apr 27Less than half of directors are independentThere is 1 new director who has joined the board in the last 3 years. The new board member was an independent director. The company's board is composed of: 1 new director. 10 experienced directors. No highly experienced directors. 3 independent directors (4 non-independent directors). Independent Director Jian Xiong Huang was the last independent director to join the board, commencing their role in 2022. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.
공고 • Apr 24Xiamen Hexing Packaging Printing Co., Ltd., Annual General Meeting, May 12, 2022Xiamen Hexing Packaging Printing Co., Ltd., Annual General Meeting, May 12, 2022, at 14:30 China Standard Time. Agenda: To consider 2021 work report of the board of directors; to consider 2021 work report of the supervisory committee; to consider 2021 annual accounts; to consider 2021 profit distribution plan; to consider 2021 annual report and its summary; to consider reappointment of 2022 audit firm; to consider change of the Company's registered capital and amendments to the Company's articles of association; and to consider other matters.
공고 • Apr 22Xiamen Hexing Packaging Printing Co., Ltd. Proposes Dividend for 2021Xiamen Hexing Packaging Printing Co., Ltd. proposed Cash dividend/10 shares (tax included) of CNY 1.50000000 for 2021.
Reported Earnings • Apr 21Full year 2021 earnings: Revenues exceed analysts expectations while EPS lags behindFull year 2021 results: EPS: CN¥0.18 (down from CN¥0.24 in FY 2020). Revenue: CN¥17.5b (up 46% from FY 2020). Net income: CN¥218.4m (down 25% from FY 2020). Profit margin: 1.2% (down from 2.4% in FY 2020). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 4.1%. Earnings per share (EPS) missed analyst estimates by 12%. Over the next year, revenue is forecast to grow 6.7%, compared to a 26% growth forecast for the industry in China. Over the last 3 years on average, earnings per share has increased by 4% per year but the company’s share price has fallen by 13% per year, which means it is significantly lagging earnings.
공고 • Feb 22Xiamen Hexing Packaging Printing Co., Ltd. Elects Huang Jianxiong as Independent DirectorsXiamen Hexing Packaging Printing Co., Ltd. at the EGM held on 18 February 2022, elected Huang Jianxiong as independent directors.
Price Target Changed • Nov 03Price target decreased to CN¥4.19Down from CN¥4.89, the current price target is an average from 2 analysts. New target price is 22% above last closing price of CN¥3.43. Stock is down 23% over the past year. The company is forecast to post earnings per share of CN¥0.20 for next year compared to CN¥0.24 last year.
Reported Earnings • Oct 28Third quarter 2021 earnings released: EPS CN¥0.049 (vs CN¥0.06 in 3Q 2020)The company reported a mediocre third quarter result with weaker earnings and profit margins, although revenues improved. Third quarter 2021 results: Revenue: CN¥4.45b (up 35% from 3Q 2020). Net income: CN¥53.9m (down 32% from 3Q 2020). Profit margin: 1.2% (down from 2.4% in 3Q 2020). Over the last 3 years on average, earnings per share has increased by 8% per year but the company’s share price has fallen by 12% per year, which means it is significantly lagging earnings.
공고 • Jun 16Xiamen Hexing Packaging Printing Co., Ltd. (SZSE:002228) announces an Equity Buyback for CNY 100 million worth of its shares.Xiamen Hexing Packaging Printing Co., Ltd. (SZSE:002228) announces a share repurchase program. Under the program, the company will repurchase up to CNY 100 million worth of its shares. The shares will be repurchased at a price not more than CNY 5.69 per share. The repurchases will be funded using company's own funds. The repurchased shares will be used for the implementation of employee stock ownership plans or equity incentive plan, otherwise will be cancelled thereby reducing the registered capital. The program will be valid till earlier of 12 months, or when the repurchase reaches the maximum limit, unless terminated by the Board earlier.
공고 • May 16Xiamen Hexing Packaging Printing Co., Ltd. Approves Dividend for the Year 2020Xiamen Hexing Packaging Printing Co., Ltd. announced at annual general meeting held on May 13, 2021, the shareholders approved CNY 1.00000000 per ten shares (tax included) for the year 2020.
Major Estimate Revision • Apr 27Consensus forecasts updatedThe consensus outlook for 2021 has been updated. 2021 revenue forecast increased from CN¥12.1b to CN¥13.6b. EPS estimate fell from CN¥0.28 to CN¥0.27. Net income forecast to grow 13% next year vs 30% growth forecast for Packaging industry in China. Consensus price target of CN¥5.49 unchanged from last update. Share price fell 3.4% to CN¥3.73 over the past week.
Reported Earnings • Apr 25Full year 2020 earnings released: EPS CN¥0.24 (vs CN¥0.23 in FY 2019)The company reported a solid full year result with improved earnings and revenues, although profit margins were flat. Full year 2020 results: Revenue: CN¥12.0b (up 8.2% from FY 2019). Net income: CN¥290.1m (up 8.7% from FY 2019). Profit margin: 2.4% (in line with FY 2019). Over the last 3 years on average, earnings per share has increased by 17% per year but the company’s share price has fallen by 4% per year, which means it is significantly lagging earnings.
공고 • Mar 08Xiamen Hexing Packaging Printing Co., Ltd. to Report Fiscal Year 2020 Results on Apr 21, 2021Xiamen Hexing Packaging Printing Co., Ltd. announced that they will report fiscal year 2020 results on Apr 21, 2021
Is New 90 Day High Low • Feb 09New 90-day low: CN¥3.65The company is down 17% from its price of CN¥4.39 on 11 November 2020. The Chinese market is up 4.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Packaging industry, which is flat over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is CN¥1.06 per share.
Is New 90 Day High Low • Jan 07New 90-day low: CN¥4.01The company is down 23% from its price of CN¥5.20 on 09 October 2020. The Chinese market is up 11% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Packaging industry, which is up 16% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is CN¥1.02 per share.
Is New 90 Day High Low • Dec 09New 90-day low: CN¥4.24The company is down 21% from its price of CN¥5.40 on 10 September 2020. The Chinese market is up 5.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Packaging industry, which is up 3.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is CN¥0.89 per share.
Is New 90 Day High Low • Nov 13New 90-day low: CN¥4.26The company is down 5.0% from its price of CN¥4.50 on 14 August 2020. The Chinese market is down 1.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Packaging industry, which is up 1.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is CN¥0.75 per share.
Reported Earnings • Oct 30Third quarter earnings releasedOver the last 12 months the company has reported total profits of CN¥290.1m, up 18% from the prior year. Total revenue was CN¥10.9b over the last 12 months, down 3.2% from the prior year.
공고 • Aug 13Xiamen Hexing Packaging Printing Co., Ltd. to Report First Half, 2020 Results on Aug 29, 2020Xiamen Hexing Packaging Printing Co., Ltd. announced that they will report first half, 2020 results on Aug 29, 2020