What You Can Learn From Nine Dragons Paper (Holdings) Limited's (HKG:2689) P/S After Its 25% Share Price Crash
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Hong Kong (HSI) Paper Products Industry Analysis
UpdatedNov 24, 2024
DataAggregated Company Financials
Companies3
- 7D-0.9%
- 3M8.6%
- 1Y-14.8%
- YTDn/a
Over the last 7 days, the Paper Products industry has remained flat. As for the longer term, the industry has declined 15% in the last year. Looking forward, earnings are forecast to grow by 25% annually.
Industry Valuation and Performance
Has the Hong Kong Paper Products Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Mon, 25 Nov 2024 | HK$24.7b | HK$89.2b | HK$2.2b | 12.4x | 11x | 0.3x |
| Wed, 23 Oct 2024 | HK$26.8b | HK$90.2b | HK$2.3b | 13.4x | 11.9x | 0.3x |
| Fri, 20 Sep 2024 | HK$23.0b | HK$87.2b | HK$663.8m | 5.9x | 34.6x | 0.3x |
| Sun, 18 Aug 2024 | HK$23.5b | HK$86.3b | HK$674.9m | 6.4x | 34.8x | 0.3x |
| Tue, 16 Jul 2024 | HK$25.3b | HK$85.3b | HK$231.5m | 9.4x | 109.3x | 0.3x |
| Thu, 13 Jun 2024 | HK$26.3b | HK$85.4b | HK$249.9m | 9.6x | 105.4x | 0.3x |
| Sat, 11 May 2024 | HK$31.1b | HK$85.7b | HK$246.5m | 10.7x | 126x | 0.4x |
| Mon, 08 Apr 2024 | HK$26.1b | HK$85.8b | HK$246.0m | 10.1x | 106x | 0.3x |
| Wed, 06 Mar 2024 | HK$24.8b | HK$87.2b | -HK$112,188,489.26 | 13.4x | -221.1x | 0.3x |
| Fri, 02 Feb 2024 | HK$23.6b | HK$87.9b | -HK$1,944,630,524.00 | 13x | -12.1x | 0.3x |
| Sun, 31 Dec 2023 | HK$28.1b | HK$88.6b | -HK$1,971,265,959.00 | 14.2x | -14.3x | 0.3x |
| Tue, 28 Nov 2023 | HK$28.7b | HK$87.9b | -HK$1,939,813,493.00 | 13.5x | -14.8x | 0.3x |
| Thu, 26 Oct 2023 | HK$29.7b | HK$86.8b | -HK$1,892,103,627.00 | 13.6x | -15.7x | 0.3x |
| Sat, 23 Sep 2023 | HK$31.7b | HK$91.7b | -HK$295,066,840.00 | 14.5x | -107.4x | 0.3x |
| Mon, 21 Aug 2023 | HK$31.0b | HK$92.0b | -HK$299,207,945.00 | 14.6x | -103.6x | 0.3x |
| Wed, 19 Jul 2023 | HK$33.8b | HK$95.9b | HK$178.3m | 9.3x | 189.7x | 0.4x |
| Fri, 16 Jun 2023 | HK$34.7b | HK$96.1b | HK$188.7m | 10x | 183.9x | 0.4x |
| Sun, 14 May 2023 | HK$37.1b | HK$98.3b | HK$156.2m | 10.8x | 237.2x | 0.4x |
| Tue, 11 Apr 2023 | HK$42.4b | HK$99.2b | HK$142.6m | 11.8x | 297.4x | 0.4x |
| Thu, 09 Mar 2023 | HK$44.2b | HK$98.3b | HK$156.2m | 12.6x | 283.2x | 0.5x |
| Sat, 04 Feb 2023 | HK$47.6b | HK$107.8b | HK$5.8b | 8x | 8.3x | 0.4x |
| Mon, 02 Jan 2023 | HK$48.4b | HK$105.7b | HK$5.7b | 8.2x | 8.5x | 0.5x |
| Wed, 30 Nov 2022 | HK$39.7b | HK$102.6b | HK$5.5b | 6.9x | 7.2x | 0.4x |
| Fri, 28 Oct 2022 | HK$34.3b | HK$103.3b | HK$5.5b | 6x | 6.2x | 0.3x |
| Sun, 25 Sep 2022 | HK$37.5b | HK$104.4b | HK$8.4b | 4.8x | 4.5x | 0.4x |
| Tue, 23 Aug 2022 | HK$45.1b | HK$107.6b | HK$8.7b | 5.7x | 5.2x | 0.4x |
| Thu, 21 Jul 2022 | HK$43.0b | HK$108.4b | HK$9.9b | 4.3x | 4.3x | 0.4x |
| Sat, 18 Jun 2022 | HK$44.1b | HK$108.8b | HK$10.0b | 4.4x | 4.4x | 0.4x |
| Mon, 16 May 2022 | HK$47.0b | HK$107.9b | HK$9.9b | 4.8x | 4.8x | 0.4x |
| Wed, 13 Apr 2022 | HK$49.7b | HK$112.7b | HK$10.3b | 4.9x | 4.8x | 0.4x |
| Fri, 11 Mar 2022 | HK$51.3b | HK$113.2b | HK$10.4b | 5.2x | 4.9x | 0.5x |
| Sun, 06 Feb 2022 | HK$61.0b | HK$105.5b | HK$12.8b | 5x | 4.8x | 0.6x |
| Tue, 04 Jan 2022 | HK$63.2b | HK$105.6b | HK$12.8b | 5.1x | 4.9x | 0.6x |
| Thu, 02 Dec 2021 | HK$65.3b | HK$105.5b | HK$12.8b | 5.2x | 5.1x | 0.6x |
Price to Earnings Ratio
5.1x
Current Industry PE
- There are only 3 companies in the Hong Kong Paper Products industry, so there is insufficient data to make an industry-wide assessment of both the PE and PS ratio.
Past Earnings Growth
- The earnings for companies in the Paper Products industry have declined 44% per year over the last three years,
- Revenues have also declined 5.4% per year.
- This means overall sales from these companies are declining and profits are subsequently falling as well.
Industry Comparison
How does Hong Kong Paper Products compare with similar industries?
| HK Market | -0.64% | |
| Materials | 0.37% | |
| Paper and Forestry Products | -1.04% | |
| Paper Products | -0.93% | |
| Forestry Products | -5.32% | |
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 | |
|---|---|---|---|---|---|
| No data available | |||||