Shandong Sunpaper Co., Ltd.'s (SZSE:002078) Low P/E No Reason For Excitement
Nov 18
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Chinese (SSE) Paper Products Industry Analysis
UpdatedNov 21, 2024
DataAggregated Company Financials
Companies24
- 7D2.6%
- 3M34.9%
- 1Y4.0%
- YTDn/a
Over the last 7 days, the Paper Products industry has remained flat, although notably Guangxi Yuegui Guangye Holdings gained 61%. In line with that, the industry has also been flat over the past 12 months. Earnings are forecast to grow by 38% 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 |
|---|---|---|---|---|---|---|
| Thu, 21 Nov 2024 | CN¥174.1b | CN¥186.7b | CN¥4.7b | 27.6x | 37.2x | 0.9x |
| Sat, 19 Oct 2024 | CN¥150.8b | CN¥188.0b | CN¥5.7b | 22.2x | 26.5x | 0.8x |
| Mon, 16 Sep 2024 | CN¥125.3b | CN¥188.0b | CN¥5.8b | 17.8x | 21.6x | 0.7x |
| Wed, 14 Aug 2024 | CN¥134.7b | CN¥187.2b | CN¥5.6b | 16.5x | 24.2x | 0.7x |
| Fri, 12 Jul 2024 | CN¥142.2b | CN¥187.2b | CN¥5.6b | 19.8x | 25.5x | 0.8x |
| Sun, 09 Jun 2024 | CN¥146.2b | CN¥187.2b | CN¥5.6b | 20.3x | 26.2x | 0.8x |
| Tue, 07 May 2024 | CN¥164.0b | CN¥188.2b | CN¥6.3b | 18x | 26.2x | 0.9x |
| Thu, 04 Apr 2024 | CN¥163.3b | CN¥188.6b | CN¥1.0b | 29.2x | 162.8x | 0.9x |
| Sat, 02 Mar 2024 | CN¥150.9b | CN¥187.4b | CN¥1.4b | 26x | 110.3x | 0.8x |
| Mon, 29 Jan 2024 | CN¥151.5b | CN¥186.4b | CN¥791.5m | 35.4x | 191.4x | 0.8x |
| Wed, 27 Dec 2023 | CN¥155.1b | CN¥186.4b | CN¥791.5m | 37.3x | 195.9x | 0.8x |
| Fri, 24 Nov 2023 | CN¥168.5b | CN¥186.4b | CN¥791.5m | 38.7x | 212.8x | 0.9x |
| Sun, 22 Oct 2023 | CN¥158.9b | CN¥189.2b | CN¥730.7m | 28x | 217.5x | 0.8x |
| Tue, 19 Sep 2023 | CN¥164.9b | CN¥189.0b | CN¥609.1m | 33.6x | 270.8x | 0.9x |
| Thu, 17 Aug 2023 | CN¥163.4b | CN¥194.3b | CN¥2.0b | 25.5x | 81.8x | 0.8x |
| Sat, 15 Jul 2023 | CN¥161.0b | CN¥194.5b | CN¥2.2b | 21.6x | 73.7x | 0.8x |
| Mon, 12 Jun 2023 | CN¥156.5b | CN¥194.5b | CN¥2.2b | 22.3x | 71.6x | 0.8x |
| Wed, 10 May 2023 | CN¥164.8b | CN¥196.4b | CN¥2.7b | 22x | 61.9x | 0.8x |
| Fri, 07 Apr 2023 | CN¥173.8b | CN¥198.6b | CN¥7.5b | 22.8x | 23.2x | 0.9x |
| Sun, 05 Mar 2023 | CN¥184.8b | CN¥193.7b | CN¥6.1b | 27.8x | 30.3x | 1x |
| Tue, 31 Jan 2023 | CN¥177.1b | CN¥193.7b | CN¥6.2b | 27.3x | 28.4x | 0.9x |
| Thu, 29 Dec 2022 | CN¥168.4b | CN¥193.7b | CN¥6.2b | 24.4x | 27x | 0.9x |
| Sat, 26 Nov 2022 | CN¥164.6b | CN¥193.7b | CN¥6.2b | 24.5x | 26.4x | 0.8x |
| Mon, 24 Oct 2022 | CN¥152.8b | CN¥191.3b | CN¥7.2b | 24.4x | 21.2x | 0.8x |
| Wed, 21 Sep 2022 | CN¥156.9b | CN¥191.3b | CN¥7.2b | 25.1x | 21.8x | 0.8x |
| Fri, 19 Aug 2022 | CN¥165.8b | CN¥184.2b | CN¥9.4b | 25.8x | 17.6x | 0.9x |
| Sun, 17 Jul 2022 | CN¥164.2b | CN¥184.2b | CN¥9.4b | 23.2x | 17.5x | 0.9x |
| Tue, 14 Jun 2022 | CN¥163.0b | CN¥189.5b | CN¥9.5b | 22.8x | 17.2x | 0.9x |
| Thu, 12 May 2022 | CN¥163.0b | CN¥189.4b | CN¥9.5b | 20.3x | 17.2x | 0.9x |
| Sat, 09 Apr 2022 | CN¥175.3b | CN¥188.1b | CN¥12.6b | 19.4x | 13.9x | 0.9x |
| Mon, 07 Mar 2022 | CN¥196.9b | CN¥184.9b | CN¥13.3b | 21x | 14.8x | 1.1x |
| Wed, 02 Feb 2022 | CN¥181.3b | CN¥182.5b | CN¥14.3b | 21.1x | 12.7x | 1x |
| Fri, 31 Dec 2021 | CN¥197.9b | CN¥182.4b | CN¥14.3b | 23.2x | 13.9x | 1.1x |
| Sun, 28 Nov 2021 | CN¥189.0b | CN¥182.3b | CN¥14.3b | 22.1x | 13.2x | 1x |
Price to Earnings Ratio
13.2x
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 36.1x which is lower than its 3-year average PE of 67.9x.
- The industry is trading close to its 3-year average PS ratio of 0.86x.
Past Earnings Growth
- The earnings for companies in the Paper Products industry have declined 31% per year over the last three years.
- Meanwhile revenues have remained mostly flat.
- This means that although sales have remained flat, 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 | -2.32% | |
| Paper and Forestry Products | 1.34% | |
| Paper Products | 2.57% | |
| Forestry Products | -4.53% | |
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 | |
|---|---|---|---|---|---|
| 000833 Guangxi Yuegui Guangye Holdings | CN¥16.89 | 61.2% +CN¥5.1b | 237.8% | PE55.9x | |
| 002078 Shandong Sunpaper | CN¥15.03 | 5.0% +CN¥2.0b | 26.1% | PE12.3x | |
| 000815 MCC Meili Cloud Computing Industry Investment | CN¥11.74 | 18.9% +CN¥1.3b | -3.1% | PS7.8x | |
| 600966 Shandong Bohui Paper IndustryLtd | CN¥5.80 | 7.0% +CN¥470.0m | -14.5% | PS0.4x | |
| 605377 Hangzhou Huawang New Material TechnologyLtd | CN¥13.19 | 4.7% +CN¥273.7m | -8.8% | PE10.6x |
