More Unpleasant Surprises Could Be In Store For Qifeng New Material Co., Ltd.'s (SZSE:002521) Shares After Tumbling 26%
Jul 25
Chinese (SSE) Paper Products Industry Analysis
UpdatedJul 26, 2024
DataAggregated Company Financials
Companies24
- 7D-4.7%
- 3M-18.8%
- 1Y-21.6%
- YTDn/a
Over the last 7 days, the Paper Products industry has dropped 4.7%, driven by Shandong Sunpaper declining 4.1%. In contrast, GuangDong SongYang Recycle ResourcesLTD has gained 8.6%. The industry has fallen 22% in the last year. Looking forward, earnings are forecast to grow by 28% annually.
Industry Valuation and Performance
Has the Chinese Paper Products Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Fri, 26 Jul 2024 | CN¥129.9b | CN¥187.2b | CN¥5.6b | 15.9x | 23.3x | 0.7x |
| Sun, 23 Jun 2024 | CN¥137.4b | CN¥187.2b | CN¥5.6b | 19.8x | 24.7x | 0.7x |
| Tue, 21 May 2024 | CN¥166.6b | CN¥187.4b | CN¥6.2b | 18.1x | 27x | 0.9x |
| Thu, 18 Apr 2024 | CN¥159.1b | CN¥187.6b | CN¥894.7m | 24.8x | 177.8x | 0.8x |
| Sat, 16 Mar 2024 | CN¥155.9b | CN¥188.8b | CN¥1.3b | 27.4x | 123.1x | 0.8x |
| Mon, 12 Feb 2024 | CN¥140.7b | CN¥186.4b | CN¥791.5m | 24.2x | 177.7x | 0.8x |
| Wed, 10 Jan 2024 | CN¥157.6b | CN¥186.4b | CN¥791.5m | 38.8x | 199x | 0.8x |
| Fri, 08 Dec 2023 | CN¥163.4b | CN¥186.4b | CN¥791.5m | 38.6x | 206.4x | 0.9x |
| Sun, 05 Nov 2023 | CN¥168.7b | CN¥186.4b | CN¥791.5m | 36.2x | 213.1x | 0.9x |
| Tue, 03 Oct 2023 | CN¥163.6b | CN¥189.0b | CN¥609.1m | 32.7x | 268.6x | 0.9x |
| Thu, 31 Aug 2023 | CN¥162.0b | CN¥192.3b | CN¥1.2b | 32.3x | 136.8x | 0.8x |
| Sat, 29 Jul 2023 | CN¥167.3b | CN¥194.5b | CN¥2.2b | 23.1x | 76.6x | 0.9x |
| Mon, 26 Jun 2023 | CN¥157.1b | CN¥194.5b | CN¥2.2b | 21.5x | 71.9x | 0.8x |
| Wed, 24 May 2023 | CN¥160.0b | CN¥194.5b | CN¥2.2b | 23.4x | 72.7x | 0.8x |
| Fri, 21 Apr 2023 | CN¥167.0b | CN¥198.3b | CN¥7.4b | 21.9x | 22.4x | 0.8x |
| Sun, 19 Mar 2023 | CN¥178.0b | CN¥199.9b | CN¥7.0b | 23.3x | 25.6x | 0.9x |
| Tue, 14 Feb 2023 | CN¥181.9b | CN¥193.7b | CN¥6.1b | 27.4x | 29.9x | 0.9x |
| Thu, 12 Jan 2023 | CN¥176.1b | CN¥193.7b | CN¥6.2b | 26.3x | 28.2x | 0.9x |
| Sat, 10 Dec 2022 | CN¥169.0b | CN¥193.7b | CN¥6.2b | 25.3x | 27.1x | 0.9x |
| Mon, 07 Nov 2022 | CN¥154.5b | CN¥194.0b | CN¥6.2b | 23.9x | 25.1x | 0.8x |
| Wed, 05 Oct 2022 | CN¥147.3b | CN¥191.3b | CN¥7.2b | 23.4x | 20.4x | 0.8x |
| Fri, 02 Sep 2022 | CN¥163.4b | CN¥191.4b | CN¥7.8b | 26.4x | 20.9x | 0.9x |
| Sun, 31 Jul 2022 | CN¥168.6b | CN¥184.2b | CN¥9.4b | 24.8x | 17.9x | 0.9x |
| Tue, 28 Jun 2022 | CN¥170.3b | CN¥189.6b | CN¥9.5b | 22x | 17.9x | 0.9x |
| Thu, 26 May 2022 | CN¥157.7b | CN¥189.8b | CN¥9.5b | 20.6x | 16.6x | 0.8x |
| Sat, 23 Apr 2022 | CN¥155.3b | CN¥188.9b | CN¥12.4b | 16x | 12.6x | 0.8x |
| Mon, 21 Mar 2022 | CN¥181.0b | CN¥189.0b | CN¥13.1b | 18x | 13.8x | 1x |
| Wed, 16 Feb 2022 | CN¥181.5b | CN¥182.5b | CN¥14.3b | 20.6x | 12.7x | 1x |
| Fri, 14 Jan 2022 | CN¥200.2b | CN¥182.5b | CN¥14.3b | 23x | 14x | 1.1x |
| Sun, 12 Dec 2021 | CN¥192.7b | CN¥182.4b | CN¥14.3b | 22x | 13.5x | 1.1x |
| Tue, 09 Nov 2021 | CN¥188.1b | CN¥182.2b | CN¥14.3b | 20.5x | 13.2x | 1x |
| Thu, 07 Oct 2021 | CN¥191.1b | CN¥174.6b | CN¥15.0b | 22.1x | 12.8x | 1.1x |
| Sat, 04 Sep 2021 | CN¥198.3b | CN¥174.3b | CN¥14.9b | 24.2x | 13.3x | 1.1x |
| Mon, 02 Aug 2021 | CN¥189.1b | CN¥174.3b | CN¥14.9b | 21.1x | 12.7x | 1.1x |
Price to Earnings Ratio
12.7x
Current Industry PE
- Investors are pessimistic on the Chinese Paper Products industry, indicating that they anticipate long term growth rates will be lower than they have historically.
- The industry is trading at a PE ratio of 23.3x which is lower than its 3-year average PE of 66.8x.
- The industry is trading close to its 3-year average PS ratio of 0.90x.
Past Earnings Growth
- The earnings for companies in the Paper Products industry have declined 28% per year over the last three years.
- Meanwhile revenues for these companies have grown 2.4% per year.
- This means that although more sales are being generated, either the cost of doing business or the level of investment back into businesses has increased, which has decreased profits.
Industry Comparison
How does Chinese Paper Products compare with similar industries?
| CN Market | -3.39% | |
| Materials | -5.63% | |
| Paper and Forestry Products | -4.46% | |
| Paper Products | -4.72% | |
| Forestry Products | -3.12% | |
Industry PEThere are no additional sub-industries under this industry.
Forecasted GrowthThere are no additional sub-industries under this industry.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| 603863 GuangDong SongYang Recycle ResourcesLTD | CN¥19.23 | 8.6% +CN¥313.1m | -5.3% | PS5.7x | |
| 000815 MCC Meili Cloud Computing Industry Investment | CN¥7.16 | 3.3% +CN¥159.9m | -36.6% | PS4.5x | |
| 600963 Yueyang Forest & Paper | CN¥3.24 | 0.9% +CN¥53.1m | -54.9% | PS0.7x | |
| 002012 Zhejiang Kan Specialities Material | CN¥3.02 | 2.4% +CN¥32.7m | -50.3% | PE341.7x | |
| 002235 Xiamen Annie | CN¥3.94 | 1.3% +CN¥28.6m | -38.1% | PS6.2x |
