Capital Allocation Trends At Nine Dragons Paper (Holdings) (HKG:2689) Aren't Ideal
Jul 07
Have your own idea? Try our Stock Screener
Hong Kong (HSI) Paper Products Industry Analysis
UpdatedJul 13, 2025
DataAggregated Company Financials
Companies3
- 7D0.3%
- 3M14.8%
- 1Y1.6%
- YTDn/a
The Paper Products industry has stayed flat over the last week. In line with that, the industry has also been flat over the past 12 months. Looking forward, earnings are forecast to grow by 24% 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 |
|---|---|---|---|---|---|---|
| Sun, 13 Jul 2025 | HK$26.3b | HK$94.3b | HK$1.8b | 11.8x | 14.3x | 0.3x |
| Tue, 10 Jun 2025 | HK$24.9b | HK$94.2b | HK$2.3b | 11.1x | 11x | 0.3x |
| Thu, 08 May 2025 | HK$23.0b | HK$93.0b | HK$2.2b | 10.4x | 10.3x | 0.2x |
| Sat, 05 Apr 2025 | HK$25.0b | HK$92.6b | HK$2.2b | 11.4x | 11.1x | 0.3x |
| Mon, 03 Mar 2025 | HK$25.2b | HK$91.9b | HK$2.4b | 11x | 10.4x | 0.3x |
| Wed, 29 Jan 2025 | HK$24.5b | HK$89.2b | HK$2.2b | 12.4x | 10.9x | 0.3x |
| Fri, 27 Dec 2024 | HK$25.2b | HK$88.6b | HK$2.2b | 12.8x | 11.3x | 0.3x |
| Sun, 24 Nov 2024 | HK$24.7b | HK$89.2b | HK$2.2b | 12.4x | 11x | 0.3x |
| Tue, 22 Oct 2024 | HK$27.0b | HK$90.3b | HK$2.3b | 13.5x | 12x | 0.3x |
| Thu, 19 Sep 2024 | HK$22.4b | HK$87.0b | HK$667.3m | 5.8x | 33.5x | 0.3x |
| Sat, 17 Aug 2024 | HK$23.5b | HK$86.4b | HK$674.4m | 6.4x | 34.9x | 0.3x |
| Mon, 15 Jul 2024 | HK$25.9b | HK$85.4b | HK$230.1m | 9.6x | 112.5x | 0.3x |
| Wed, 12 Jun 2024 | HK$26.8b | HK$85.4b | HK$249.9m | 9.5x | 107.3x | 0.3x |
| Fri, 10 May 2024 | HK$28.8b | HK$85.7b | HK$246.5m | 10.3x | 116.6x | 0.3x |
| Sun, 07 Apr 2024 | HK$26.1b | HK$85.8b | HK$246.0m | 10.1x | 106x | 0.3x |
| Tue, 05 Mar 2024 | HK$25.7b | HK$87.2b | -HK$112,286,149.46 | 13.8x | -229.1x | 0.3x |
| Thu, 01 Feb 2024 | HK$22.8b | HK$88.6b | -HK$1,974,321,037.00 | 13x | -11.5x | 0.3x |
| Sat, 30 Dec 2023 | HK$28.1b | HK$88.6b | -HK$1,973,537,147.00 | 14.2x | -14.2x | 0.3x |
| Mon, 27 Nov 2023 | HK$29.0b | HK$88.0b | -HK$1,941,887,837.00 | 13.6x | -14.9x | 0.3x |
| Wed, 25 Oct 2023 | HK$29.7b | HK$86.8b | -HK$1,893,864,061.00 | 13.6x | -15.7x | 0.3x |
| Fri, 22 Sep 2023 | HK$31.5b | HK$91.7b | -HK$295,079,414.00 | 14.6x | -106.8x | 0.3x |
| Sun, 20 Aug 2023 | HK$31.0b | HK$92.0b | -HK$299,207,945.00 | 14.6x | -103.6x | 0.3x |
| Tue, 18 Jul 2023 | HK$34.3b | HK$96.0b | HK$177.3m | 9.3x | 193.5x | 0.4x |
| Thu, 15 Jun 2023 | HK$34.3b | HK$96.3b | HK$185.8m | 9.9x | 184.4x | 0.4x |
| Sat, 13 May 2023 | HK$37.1b | HK$98.4b | HK$155.3m | 10.8x | 238.7x | 0.4x |
| Mon, 10 Apr 2023 | HK$42.4b | HK$99.2b | HK$142.6m | 11.8x | 297.4x | 0.4x |
| Wed, 08 Mar 2023 | HK$46.9b | HK$98.5b | HK$152.6m | 13.1x | 307x | 0.5x |
| Fri, 03 Feb 2023 | HK$49.4b | HK$107.9b | HK$5.8b | 8.3x | 8.5x | 0.5x |
| Sun, 01 Jan 2023 | HK$48.4b | HK$105.7b | HK$5.7b | 8.2x | 8.5x | 0.5x |
| Tue, 29 Nov 2022 | HK$39.2b | HK$103.0b | HK$5.5b | 6.8x | 7.1x | 0.4x |
| Thu, 27 Oct 2022 | HK$32.6b | HK$102.3b | HK$5.5b | 5.7x | 5.9x | 0.3x |
| Sat, 24 Sep 2022 | HK$37.5b | HK$104.9b | HK$8.5b | 4.8x | 4.4x | 0.4x |
| Mon, 22 Aug 2022 | HK$45.7b | HK$107.6b | HK$8.7b | 5.7x | 5.2x | 0.4x |
| Wed, 20 Jul 2022 | HK$41.4b | HK$108.2b | HK$9.9b | 4.1x | 4.2x | 0.4x |
Price to Earnings Ratio
4.2x
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 43% per year over the last three years,
- Revenues have also declined 4.5% 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 | 1.04% | |
| Materials | -1.73% | |
| Paper and Forestry Products | 0.12% | |
| Paper Products | 0.31% | |
| Forestry Products | -5.75% | |
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 | |
|---|---|---|---|---|---|
| 2314 Lee & Man Paper Manufacturing | HK$2.36 | 1.3% +HK$128.9m | 0.4% | PE7.7x |