Declared Dividend • Jul 01
Dividend of CN¥0.20 announced Shareholders will receive a dividend of CN¥0.20. Ex-date: 6th July 2026 Payment date: 6th July 2026 Dividend yield will be 2.4%, which is lower than the industry average of 2.6%. Sustainability & Growth Dividend is covered by earnings (26% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 23% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 35% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Announcement • Jun 30
Shandong Sunpaper Co., Ltd. to Report First Half, 2026 Results on Aug 26, 2026 Shandong Sunpaper Co., Ltd. announced that they will report first half, 2026 results on Aug 26, 2026 Announcement • Apr 13
Shandong Sunpaper Co., Ltd., Annual General Meeting, May 22, 2026 Shandong Sunpaper Co., Ltd., Annual General Meeting, May 22, 2026, at 14:00 China Standard Time. Location: The Company's Meeting Room, Jining, Shandong China Announcement • Mar 31
Shandong Sunpaper Co., Ltd. to Report Q1, 2026 Results on Apr 29, 2026 Shandong Sunpaper Co., Ltd. announced that they will report Q1, 2026 results on Apr 29, 2026 Announcement • Dec 31
Shandong Sunpaper Co., Ltd. to Report Fiscal Year 2025 Results on Apr 11, 2026 Shandong Sunpaper Co., Ltd. announced that they will report fiscal year 2025 results on Apr 11, 2026 Announcement • Sep 30
Shandong Sunpaper Co., Ltd. to Report Q3, 2025 Results on Oct 28, 2025 Shandong Sunpaper Co., Ltd. announced that they will report Q3, 2025 results on Oct 28, 2025 Announcement • Jul 02
Shandong Sunpaper Co., Ltd. to Report First Half, 2025 Results on Aug 28, 2025 Shandong Sunpaper Co., Ltd. announced that they will report first half, 2025 results on Aug 28, 2025 Announcement • May 22
Shandong Sunpaper Co., Ltd. Approves Cash Dividend for 2024 Shandong Sunpaper Co., Ltd. held its Annual General Meeting of 2024 on 16 May 2025, during which the following proposal(s) was/were approved: 2024 profit distribution plan of Cash dividend/10 shares (tax included): CNY 3.00000000. Announcement • Apr 11
Shandong Sunpaper Co., Ltd. Proposes Cash Dividend for the Year 2024 Shandong Sunpaper Co., Ltd. announced on 10 April 2025 the profit distribution proposal for 2024 as follows: Cash dividend/10 shares (tax included): CNY 3.00000000. Announcement • Apr 10
Shandong Sunpaper Co., Ltd., Annual General Meeting, May 16, 2025 Shandong Sunpaper Co., Ltd., Annual General Meeting, May 16, 2025, at 14:00 China Standard Time. Location: The Company's Meeting Room, Jining, Shandong China Announcement • Mar 31
Shandong Sunpaper Co., Ltd. to Report Q1, 2025 Results on Apr 30, 2025 Shandong Sunpaper Co., Ltd. announced that they will report Q1, 2025 results on Apr 30, 2025 Announcement • Dec 31
Shandong Sunpaper Co., Ltd. to Report Fiscal Year 2024 Results on Apr 10, 2025 Shandong Sunpaper Co., Ltd. announced that they will report fiscal year 2024 results on Apr 10, 2025 Announcement • Nov 28
Shandong Sunpaper Co., Ltd. Appoints Bi Ying as Non-Independent Director Shandong Sunpaper Co., Ltd. at its 3rd Extraordinary General Meeting of 2024 on 22 November 2024 approved appointment of Bi Ying as non-independent director. Reported Earnings • Oct 29
Third quarter 2024 earnings released: EPS: CN¥0.25 (vs CN¥0.31 in 3Q 2023) Third quarter 2024 results: EPS: CN¥0.25 (down from CN¥0.31 in 3Q 2023). Revenue: CN¥10.5b (up 6.0% from 3Q 2023). Net income: CN¥700.8m (down 21% from 3Q 2023). Profit margin: 6.7% (down from 9.0% in 3Q 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 7.0% p.a. on average during the next 3 years, compared to a 12% growth forecast for the Forestry industry in China. Over the last 3 years on average, earnings per share has increased by 5% per year whereas the company’s share price has increased by 6% per year. Announcement • Sep 30
Shandong Sunpaper Co., Ltd. to Report Q3, 2024 Results on Oct 29, 2024 Shandong Sunpaper Co., Ltd. announced that they will report Q3, 2024 results on Oct 29, 2024 Valuation Update With 7 Day Price Move • Sep 27
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to CN¥13.76, the stock trades at a forward P/E ratio of 11x. Average forward P/E is 11x in the Forestry industry in China. Total returns to shareholders of 22% over the past three years. Reported Earnings • Aug 29
Second quarter 2024 earnings released: EPS: CN¥0.29 (vs CN¥0.25 in 2Q 2023) Second quarter 2024 results: EPS: CN¥0.29 (up from CN¥0.25 in 2Q 2023). Revenue: CN¥10.3b (up 8.4% from 2Q 2023). Net income: CN¥801.9m (up 17% from 2Q 2023). Profit margin: 7.8% (up from 7.2% in 2Q 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 6.5% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Forestry industry in China. Over the last 3 years on average, earnings per share has remained flat whereas the company’s share price has fallen by 1% per year. Declared Dividend • Jul 06
Dividend increased to CN¥0.30 Dividend of CN¥0.30 is 50% higher than last year. Ex-date: 12th July 2024 Payment date: 12th July 2024 Dividend yield will be 2.1%, which is lower than the industry average of 2.6%. Sustainability & Growth Dividend is covered by both earnings (24% earnings payout ratio) and cash flows (58% cash payout ratio). The dividend has increased by an average of 20% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 39% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Announcement • Jun 29
Shandong Sunpaper Co., Ltd. to Report First Half, 2024 Results on Aug 29, 2024 Shandong Sunpaper Co., Ltd. announced that they will report first half, 2024 results on Aug 29, 2024 Reported Earnings • Apr 30
First quarter 2024 earnings released: EPS: CN¥0.34 (vs CN¥0.20 in 1Q 2023) First quarter 2024 results: EPS: CN¥0.34 (up from CN¥0.20 in 1Q 2023). Revenue: CN¥10.2b (up 3.9% from 1Q 2023). Net income: CN¥956.1m (up 69% from 1Q 2023). Profit margin: 9.4% (up from 5.8% in 1Q 2023). Revenue is forecast to grow 8.4% p.a. on average during the next 3 years, compared to a 13% growth forecast for the Forestry industry in China. Over the last 3 years on average, earnings per share has fallen by 2% per year whereas the company’s share price has fallen by 1% per year. Reported Earnings • Apr 11
Full year 2023 earnings released: EPS: CN¥1.10 (vs CN¥1.04 in FY 2022) Full year 2023 results: EPS: CN¥1.10 (up from CN¥1.04 in FY 2022). Revenue: CN¥39.5b (flat on FY 2022). Net income: CN¥3.09b (up 9.9% from FY 2022). Profit margin: 7.8% (up from 7.1% in FY 2022). Revenue is forecast to grow 9.0% p.a. on average during the next 3 years, compared to a 12% growth forecast for the Forestry industry in China. Over the last 3 years on average, earnings per share has fallen by 1% per year whereas the company’s share price has increased by 1% per year. Announcement • Apr 10
Shandong Sunpaper Co., Ltd., Annual General Meeting, May 20, 2024 Shandong Sunpaper Co., Ltd., Annual General Meeting, May 20, 2024, at 14:00 China Standard Time. Location: The Company's Meeting Room, Jining, Shandong China Announcement • Mar 30
Shandong Sunpaper Co., Ltd. to Report Q1, 2024 Results on Apr 30, 2024 Shandong Sunpaper Co., Ltd. announced that they will report Q1, 2024 results on Apr 30, 2024 Reported Earnings • Feb 28
Full year 2023 earnings released: EPS: CN¥1.10 (vs CN¥1.04 in FY 2022) Full year 2023 results: EPS: CN¥1.10 (up from CN¥1.04 in FY 2022). Revenue: CN¥39.7b (flat on FY 2022). Net income: CN¥3.07b (up 9.4% from FY 2022). Profit margin: 7.7% (up from 7.1% in FY 2022). Revenue is forecast to grow 8.9% p.a. on average during the next 2 years, compared to a 12% growth forecast for the Forestry 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 9% per year, which means it is performing significantly worse than earnings. Announcement • Dec 29
Shandong Sunpaper Co., Ltd. to Report Fiscal Year 2023 Results on Apr 10, 2024 Shandong Sunpaper Co., Ltd. announced that they will report fiscal year 2023 results on Apr 10, 2024 Reported Earnings • Oct 29
Third quarter 2023 earnings released: EPS: CN¥0.31 (vs CN¥0.23 in 3Q 2022) Third quarter 2023 results: EPS: CN¥0.31 (up from CN¥0.23 in 3Q 2022). Revenue: CN¥9.86b (flat on 3Q 2022). Net income: CN¥885.3m (up 46% from 3Q 2022). Profit margin: 9.0% (up from 6.2% in 3Q 2022). Revenue is forecast to grow 8.2% p.a. on average during the next 3 years, compared to a 13% growth forecast for the Forestry industry in China. Over the last 3 years on average, earnings per share has remained flat whereas the company’s share price has fallen by 5% per year. Reported Earnings • Aug 26
Second quarter 2023 earnings released: EPS: CN¥0.25 (vs CN¥0.37 in 2Q 2022) Second quarter 2023 results: EPS: CN¥0.25 (down from CN¥0.37 in 2Q 2022). Revenue: CN¥9.54b (down 6.4% from 2Q 2022). Net income: CN¥685.7m (down 30% from 2Q 2022). Profit margin: 7.2% (down from 9.7% in 2Q 2022). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 8.0% p.a. on average during the next 3 years, compared to a 12% growth forecast for the Forestry industry in China. Over the last 3 years on average, earnings per share has increased by 2% per year but the company’s share price has fallen by 7% per year, which means it is significantly lagging earnings. Announcement • Jul 01
Shandong Sunpaper Co., Ltd. Announces Final Dividend on A Shares for the Year 2022, Payable on July 7, 2023 Shandong Sunpaper Co., Ltd. announced final cash dividend/10 shares (tax included) of CNY 2.00000000 on A shares for the year 2022. Record date is July 6, 2023. Ex-date is July 7, 2023. Payment date is July 7, 2023. Reported Earnings • Apr 25
Full year 2022 earnings released: EPS: CN¥1.04 (vs CN¥1.11 in FY 2021) Full year 2022 results: EPS: CN¥1.04 (down from CN¥1.11 in FY 2021). Revenue: CN¥39.8b (up 24% from FY 2021). Net income: CN¥2.81b (down 4.1% from FY 2021). Profit margin: 7.1% (down from 9.1% in FY 2021). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 5.0% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Forestry industry in China. Over the last 3 years on average, earnings per share has increased by 7% per year whereas the company’s share price has increased by 12% per year. Reported Earnings • Oct 30
Third quarter 2022 earnings released: EPS: CN¥0.23 (vs CN¥0.20 in 3Q 2021) Third quarter 2022 results: EPS: CN¥0.23 (up from CN¥0.20 in 3Q 2021). Revenue: CN¥9.79b (up 24% from 3Q 2021). Net income: CN¥608.6m (up 13% from 3Q 2021). Profit margin: 6.2% (down from 6.8% in 3Q 2021). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 4.4% p.a. on average during the next 3 years, compared to a 17% growth forecast for the Forestry industry in China. Over the last 3 years on average, earnings per share has increased by 9% per year whereas the company’s share price has increased by 12% per year. Reported Earnings • Aug 29
Second quarter 2022 earnings released: EPS: CN¥0.37 (vs CN¥0.43 in 2Q 2021) Second quarter 2022 results: EPS: CN¥0.37 (down from CN¥0.43 in 2Q 2021). Revenue: CN¥10.2b (up 25% from 2Q 2021). Net income: CN¥984.4m (down 12% from 2Q 2021). Profit margin: 9.7% (down from 14% in 2Q 2021). The decrease in margin was driven by higher expenses. Over the next year, revenue is forecast to grow 1.9%, compared to a 44% growth forecast for the Forestry industry in China. Over the last 3 years on average, earnings per share has increased by 12% per year whereas the company’s share price has increased by 15% per year. Reported Earnings • Apr 30
First quarter 2022 earnings released: EPS: CN¥0.25 (vs CN¥0.42 in 1Q 2021) First quarter 2022 results: EPS: CN¥0.25 (down from CN¥0.42 in 1Q 2021). Revenue: CN¥9.67b (up 27% from 1Q 2021). Net income: CN¥675.0m (down 39% from 1Q 2021). Profit margin: 7.0% (down from 14% in 1Q 2021). The decrease in margin was driven by higher expenses. Over the next year, revenue is forecast to grow 3.0%, compared to a 52% growth forecast for the industry in China. Over the last 3 years on average, earnings per share has increased by 15% per year whereas the company’s share price has increased by 20% per year. Reported Earnings • Apr 17
Full year 2021 earnings released: EPS: CN¥1.12 (vs CN¥0.75 in FY 2020) Full year 2021 results: EPS: CN¥1.12 (up from CN¥0.75 in FY 2020). Revenue: CN¥32.0b (up 48% from FY 2020). Net income: CN¥2.96b (up 51% from FY 2020). Profit margin: 9.2% (up from 9.0% in FY 2020). The increase in margin was driven by higher revenue. Over the next year, revenue is forecast to grow 8.6%, compared to a 68% growth forecast for the industry in China. Over the last 3 years on average, earnings per share has increased by 16% per year whereas the company’s share price has increased by 15% per year. Reported Earnings • Feb 27
Full year 2021 earnings: EPS in line with analyst expectations despite revenue beat Full year 2021 results: EPS: CN¥1.11 (up from CN¥0.75 in FY 2020). Revenue: CN¥31.9b (up 48% from FY 2020). Net income: CN¥2.94b (up 51% from FY 2020). Profit margin: 9.2% (up from 9.0% in FY 2020). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 4.1%. Over the next year, revenue is forecast to grow 6.2%, compared to a 51% growth forecast for the industry in China. Over the last 3 years on average, earnings per share has increased by 16% per year whereas the company’s share price has increased by 19% per year. Reported Earnings • Oct 28
Third quarter 2021 earnings released: EPS CN¥0.20 (vs CN¥0.17 in 3Q 2020) The company reported a solid third quarter result with improved earnings and revenues, although profit margins were weaker. Third quarter 2021 results: Revenue: CN¥7.90b (up 52% from 3Q 2020). Net income: CN¥536.8m (up 20% from 3Q 2020). Profit margin: 6.8% (down from 8.6% in 3Q 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 12% per year but the company’s share price has increased by 23% per year, which means it is tracking significantly ahead of earnings growth. Reported Earnings • Sep 01
Second quarter 2021 earnings released: EPS CN¥0.43 (vs CN¥0.15 in 2Q 2020) The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: CN¥8.17b (up 68% from 2Q 2020). Net income: CN¥1.12b (up 181% from 2Q 2020). Profit margin: 14% (up from 8.2% in 2Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 5% per year but the company’s share price has increased by 14% per year, which means it is tracking significantly ahead of earnings growth. Reported Earnings • Apr 20
Full year 2020 earnings released: EPS CN¥0.75 (vs CN¥0.84 in FY 2019) The company reported a poor full year result with weaker earnings and revenues, although profit margins were flat. Full year 2020 results: Revenue: CN¥21.6b (down 5.2% from FY 2019). Net income: CN¥1.95b (down 10% from FY 2019). Profit margin: 9.0% (in line with FY 2019). Over the last 3 years on average, earnings per share has fallen by 3% per year but the company’s share price has increased by 12% per year, which means it is well ahead of earnings. Reported Earnings • Mar 04
Full year 2020 earnings released: EPS CN¥0.76 (vs CN¥0.84 in FY 2019) The company reported a poor full year result with weaker earnings and revenues, although profit margins were flat. Full year 2020 results: Revenue: CN¥21.6b (down 5.2% from FY 2019). Net income: CN¥1.97b (down 9.6% from FY 2019). Profit margin: 9.1% (in line with FY 2019). Over the last 3 years on average, earnings per share has fallen by 3% per year but the company’s share price has increased by 15% per year, which means it is well ahead of earnings. Analyst Estimate Surprise Post Earnings • Mar 04
Revenue misses expectations Revenue missed analyst estimates by 3.4%. Over the next year, revenue is forecast to grow 47%, compared to a 29% growth forecast for the Forestry industry in China. Valuation Update With 7 Day Price Move • Mar 01
Investor sentiment deteriorated over the past week After last week's 16% share price decline to CN¥17.65, the stock is trading at a trailing P/E ratio of 22.1x, down from the previous P/E ratio of 26.3x. This compares to an average P/E of 23x in the Forestry industry in China. Total returns to shareholders over the past three years are 54%. Is New 90 Day High Low • Feb 20
New 90-day high: CN¥19.93 The company is up 22% from its price of CN¥16.40 on 20 November 2020. The Chinese market is up 9.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Forestry 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¥3.97 per share. Valuation Update With 7 Day Price Move • Feb 04
Investor sentiment improved over the past week After last week's 19% share price gain to CN¥18.83, the stock is trading at a trailing P/E ratio of 23.5x, up from the previous P/E ratio of 19.8x. This compares to an average P/E of 24x in the Forestry industry in China. Total returns to shareholders over the past three years are 69%. Is New 90 Day High Low • Feb 02
New 90-day high: CN¥17.57 The company is up 27% from its price of CN¥13.83 on 05 November 2020. The Chinese market is up 6.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Forestry industry, which is up 20% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is CN¥4.10 per share. Valuation Update With 7 Day Price Move • Jan 08
Investor sentiment improved over the past week After last week's 16% share price gain to CN¥16.80, the stock is trading at a trailing P/E ratio of 21x, up from the previous P/E ratio of 18x. This compares to an average P/E of 23x in the Forestry industry in China. Total returns to shareholders over the past three years are 73%. Is New 90 Day High Low • Jan 07
New 90-day high: CN¥16.57 The company is up 17% from its price of CN¥14.11 on 09 October 2020. The Chinese market is up 11% over the last 90 days, indicating the company outperformed over that time. However, its price trend is similar to the Forestry industry, which is also up 17% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is CN¥4.15 per share. Is New 90 Day High Low • Nov 11
New 90-day high: CN¥14.91 The company is up 15% from its price of CN¥12.93 on 13 August 2020. The Chinese market is up 2.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Forestry 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¥3.57 per share. Reported Earnings • Oct 29
Third quarter earnings released Over the last 12 months the company has reported total profits of CN¥2.08b, up 7.9% from the prior year. Total revenue was CN¥22.0b over the last 12 months, largely unchanged from the prior year.