Reported Earnings • Mar 28
Full year 2025 earnings released: HK$0.052 loss per share (vs HK$0.017 profit in FY 2024) Full year 2025 results: HK$0.052 loss per share (down from HK$0.017 profit in FY 2024). Revenue: HK$1.46b (up 9.6% from FY 2024). Net loss: HK$73.7m (down 400% from profit in FY 2024). Over the last 3 years on average, earnings per share has increased by 91% per year but the company’s share price has only increased by 7% per year, which means it is significantly lagging earnings growth. Announcement • Mar 27
C&D Newin Paper & Pulp Corporation Limited, Annual General Meeting, May 20, 2026 C&D Newin Paper & Pulp Corporation Limited, Annual General Meeting, May 20, 2026. Announcement • Mar 18
C&D Newin Paper & Pulp Corporation Limited to Report Fiscal Year 2025 Results on Mar 26, 2026 C&D Newin Paper & Pulp Corporation Limited announced that they will report fiscal year 2025 results on Mar 26, 2026 New Risk • Feb 05
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Hong Kong stocks, typically moving 12% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Debt is not well covered by operating cash flow (currently running at an operating cash loss). Minor Risks Share price has been volatile over the past 3 months (12% average weekly change). Market cap is less than US$100m (HK$247.6m market cap, or US$31.7m). Reported Earnings • Sep 30
First half 2025 earnings released: HK$0.029 loss per share (vs HK$0.024 loss in 1H 2024) First half 2025 results: HK$0.029 loss per share (further deteriorated from HK$0.024 loss in 1H 2024). Revenue: HK$640.0m (down 3.7% from 1H 2024). Net loss: HK$41.2m (loss widened 22% from 1H 2024). Over the last 3 years on average, earnings per share has fallen by 38% per year but the company’s share price has only fallen by 15% per year, which means it has not declined as severely as earnings. Reported Earnings • Aug 29
First half 2025 earnings released: HK$0.029 loss per share (vs HK$0.024 loss in 1H 2024) First half 2025 results: HK$0.029 loss per share (further deteriorated from HK$0.024 loss in 1H 2024). Revenue: HK$640.0m (down 3.7% from 1H 2024). Net loss: HK$41.2m (loss widened 22% from 1H 2024). Over the last 3 years on average, earnings per share has fallen by 38% per year but the company’s share price has only fallen by 19% per year, which means it has not declined as severely as earnings. Announcement • Aug 14
C&D Newin Paper & Pulp Corporation Limited to Report First Half, 2025 Results on Aug 27, 2025 C&D Newin Paper & Pulp Corporation Limited announced that they will report first half, 2025 results on Aug 27, 2025 Reported Earnings • Apr 27
Full year 2024 earnings released: EPS: HK$0.017 (vs HK$0.091 loss in FY 2023) Full year 2024 results: EPS: HK$0.017 (up from HK$0.091 loss in FY 2023). Revenue: HK$1.33b (down 3.0% from FY 2023). Net income: HK$24.6m (up HK$153.4m from FY 2023). Profit margin: 1.8% (up from net loss in FY 2023). The move to profitability was driven by lower expenses. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 95 percentage points per year, which is a significant difference in performance. Reported Earnings • Mar 27
Full year 2024 earnings released: EPS: HK$0.017 (vs HK$0.091 loss in FY 2023) Full year 2024 results: EPS: HK$0.017 (up from HK$0.091 loss in FY 2023). Revenue: HK$1.33b (down 3.0% from FY 2023). Net income: HK$24.6m (up HK$153.4m from FY 2023). Profit margin: 1.8% (up from net loss in FY 2023). The move to profitability was driven by lower expenses. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 93 percentage points per year, which is a significant difference in performance. Announcement • Mar 27
C&D Newin Paper & Pulp Corporation Limited, Annual General Meeting, May 20, 2025 C&D Newin Paper & Pulp Corporation Limited, Annual General Meeting, May 20, 2025. Announcement • Mar 14
C&D Newin Paper & Pulp Corporation Limited to Report Fiscal Year 2024 Results on Mar 26, 2025 C&D Newin Paper & Pulp Corporation Limited announced that they will report fiscal year 2024 results on Mar 26, 2025 Announcement • Mar 02
C&D Newin Paper & Pulp Corporation Limited Announces Board and Committee Changes The board of directors of C&D Newin Paper & Pulp Corporation Limited announced that Ms. Hong Ting (“Ms. Hong”) has tendered her resignation as an independent non-executive Director, member of the audit committee of the Company (the “Audit Committee”), member of the remuneration committee of the Company (the “Remuneration Committee”) and member of the nomination committee of the Company (the “Nomination Committee”) with effect from 28 February 2025 to focus on her other business engagements. The Board announced that Ms. Chan Siu Mat (“Ms. Chan”) has been appointed as an independent non-executive Director with effect from 28 February 2025. Ms. Chan, aged 42, has over 18 years of experience in auditing, accounting and company secretarial fields. She is currently the chief financial officer of Weiye Holdings Limited (“Weiye Holdings”, a company listed on Main Board of the Stock Exchange, stock code: 1570). Ms. Chan obtained a bachelor’s degree of business administration in accounting from City University of Hong Kong in 2006 and she is a member of The Hong Kong Institute of Certified Public Accountants since 2009. Ms. Chan has worked as a manager of Deloitte Touche Tohmatsu from September 2006 to January 2012; a finance manager, a company secretary and an authorized representative of Kong Sun Holdings Limited (a company listed on Main Board of the Stock Exchange, stock code: 295) from April 2012 to April 2014; a finance manager and a company secretary of Wen Wei (Hong Kong) Investment Group Company Limited from April 2014 to March 2018; and a financial controller of Weiye Holdings from March 2018 to November 2022. Since November 2024, Ms. Chan is an independent non-executive director of RMH Holdings Limited. The Board announced that with effect from 28 February 2025, Ms. Chan has been appointed as member of the Audit Committee, member of the Remuneration Committee and member of the Nomination Committee. The composition of the Board committees is as follows: Remuneration Committee Members: Mr. Zhao Lin - Chairman of Remuneration Committee; Mr. Zhang Xiaohui and Ms. Chan Siu Mat – Members of Remuneration Committee. Nomination Committee Members: Mr. Zhao Lin - Chairman of Nomination Committee; Mr. Zhang Xiaohui and Chan Siu Mat – Members of Nomination Committee. Audit Committee Members: Mr. Wong Yiu Kit, Ernest - Chairman of Audit Committee; Mr. Choi Wai Hong, Clifford and Ms. Chan Siu Mat – Membersof Audit Committee. New Risk • Jan 09
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Hong Kong stocks, typically moving 11% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Debt is not well covered by operating cash flow (0.02% operating cash flow to total debt). Minor Risks Share price has been volatile over the past 3 months (11% average weekly change). Market cap is less than US$100m (HK$338.1m market cap, or US$43.5m). Announcement • Aug 09
C&D Newin Paper & Pulp Corporation Limited to Report First Half, 2024 Results on Aug 23, 2024 C&D Newin Paper & Pulp Corporation Limited announced that they will report first half, 2024 results on Aug 23, 2024 Announcement • Mar 29
C&D Newin Paper & Pulp Corporation Limited, Annual General Meeting, May 20, 2024 C&D Newin Paper & Pulp Corporation Limited, Annual General Meeting, May 20, 2024. Announcement • Mar 19
C&D Newin Paper & Pulp Corporation Limited to Report Fiscal Year 2023 Results on Mar 28, 2024 C&D Newin Paper & Pulp Corporation Limited announced that they will report fiscal year 2023 results on Mar 28, 2024 Announcement • Sep 29
C&D Newin Paper & Pulp Corporation Limited Announces Chief Executive Officer Changes The Board of C&D Newin Paper & Pulp Corporation Limited announced that Mr. Shi Yaofeng has tendered his resignation as an executive Director and the chief executive officer of the Company with effect from 27 September 2023 to focus on his other business engagements. The Board announced that Mr. Huang Tiansheng, an executive Director, has been appointed as the chief executive officer of the Company with effect from 27 September 2023. Mr. Huang Tiansheng, aged 42, is an executive Director and an executive director and legal representative of each of Universal Pulp & Paper (Shandong) Co. Ltd. and Shandong Yuantong Renewable Resources Recycling Company Limited, being wholly-owned subsidiaries of the Company. Mr. Huang joined the Group in January 2022. Mr. Huang has over 15 years of experience in managing the supply chain of paper industry. Mr. Huang joined C&D Paper & Pulp Group in August 2002, where he has been responsible for the management of the supply of paper products in Guangdong Province and Zhejiang Province. Mr. Huang was promoted to assistant to the general manager of C&D Paper & Pulp Group in January 2016, deputy general manager of C&D Paper & Pulp Group's paper business in January 2021, and latterly deputy general manager (presiding over the work) of C&D Paper & Pulp Group's paper business in March 2023. He is currently responsible for the operation of C&D Paper & Pulp Group's paper business. Mr. Huang obtained his bachelor's degree in economics, majoring in international trade, from Hangzhou Business Collegecurrently known as Zhejiang Gongshang University in July 2002. Announcement • Sep 28
C&D Newin Paper & Pulp Corporation Limited Announces Management Changes The Board of C&D Newin Paper & Pulp Corporation Limited announced that Mr. Shi Yaofeng has tendered his resignation as an executive Director of the Company with effect from 27 September 2023 to focus on his other business engagements and Mr. Cheng Dongfang has tendered his resignation as chairman of the Board, non-executive Director, member of the remuneration committee of the Company (the Remuneration Committee) and member of the nomination committee of the Company (the Nomination Committe) with effect from 27 September 2023 to focus on his other business engagements. The Board also announces that (i) Mr. Lin Ruqing (Mr. Lin) has been appointed executive Director; and (ii) Mr. Zhang Xiaohui (Mr. Zhang) has been appointed non-executive Director with effect from 27 September 2023. Mr. Lin Ruqing, aged 37, has 15 years of experience in business and management experience. Mr. Lin joined Xiamen C&D Paper & Pulp Group Co. Ltd. (C&D Paper & Pulp Group) (formerly known as Xiamen C&D Paper & Pulp Co., Limited) in July 2008 and has worked in various business and marketing positions within the group. Since 2021, Mr. Lin is the assistant to the general manager of C&D Paper & Pulp Group and is responsible for the group's paper business management and operations in the Northwestern China division. Mr. Lin obtained a Bachelor's degree in light chemical engineering from Nanjing Forestry University in June 2008. Mr. Zhang Xiaohui, aged 47, has over 20 years of management and operations experience. Mr. Zhang joined Xiamen C&D Inc. (C&D Inc.) in 1998 as a salesperson and was subsequently promoted to vice general manager of C&D Paper & Pulp Group and was responsible for the management and operations of the pulp business segment of the company. Mr. Zhang was promoted as general manager of the C&D Paper & Pulp Group in 2023 and is responsible for the overall management and operations of the company. Currently, Mr. Zhang is also the vice president of Chinese Paper Association and the vice president of the National Federation of Industry and Commerce Paper Chamber of Commerce. Mr. Cheng has resigned as the authorised representative of the Company the Authorised Representative with effect from 27 September 2023. Mr. Zhang has been appointed as the Authorised Representative with effect from 27 September 2023. Following the resignation of Mr. Cheng, Mr. Zhang has been appointed as chairman of the Board with effect from 27 September 2023. The Board announces that with effect from 27 September 2023, the composition of the Board committees was changed as follows:Audit Committee: Mr. Choi Wai Hong, Clifford and Mr. Lam John Cheung-wah as members, Mr. Wong Yiu Kit, Ernest as Chairman. Remuneration Committee: Mr. Zhang Xiaohui and Mr. Lam John Cheung-wah as members and Mr. Zhao Lin as chairman. Nomination Committee: Mr. Zhang Xiaohui and Mr. Lam John Cheung-wah as members and Mr. Zhao Lin as chairman. Announcement • Aug 18
C&D Newin Paper & Pulp Corporation Limited Provides Unaudited Consolidated Earning Guidance for the Six Months ended June 30, 2023 C&D Newin Paper & Pulp Corporation Limited provided unaudited consolidated earning guidance for the six months period ended September 30, 2022. For the period, the Group expects to record a consolidated net loss from its operations ranging from approximately HKD 94 million to HKD 114 million (the Net Loss) for the Reporting Period, as compared to that of approximately HKD 70 million for the six months period ended 30 September 2022 (the Prior Interim Period). Announcement • Aug 15
C&D Newin Paper & Pulp Corporation Limited to Report First Half, 2024 Results on Aug 28, 2023 C&D Newin Paper & Pulp Corporation Limited announced that they will report first half, 2024 results on Aug 28, 2023 Announcement • Aug 09
C&D Newin Paper & Pulp Corporation Limited Announces Resignation of Shi Chenye as an Executive Director and the Vice Chief Executive Officer C&D Newin Paper & Pulp Corporation Limited announces that Ms. Shi Chenye has tendered her resignation as an executive Director and the vice chief executive officer of the Company with effect from 8 August 2023 to focus on her other business engagements; and Mr. Li Shengfeng has tendered his resignation as a non-executive Director with effect from 8 August 2023 to focus on his other business engagements. New Risk • Aug 05
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Hong Kong stocks, typically moving 10% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Debt is not well covered by operating cash flow (currently running at an operating cash loss). Minor Risks Share price has been volatile over the past 3 months (10% average weekly change). Market cap is less than US$100m (HK$417.3m market cap, or US$53.4m). Reported Earnings • Mar 29
Third quarter 2023 earnings released: HK$0.058 loss per share (vs HK$0.21 profit in 3Q 2022) Third quarter 2023 results: HK$0.058 loss per share (down from HK$0.21 profit in 3Q 2022). Revenue: HK$322.2m (down 33% from 3Q 2022). Net loss: HK$80.9m (down 167% from profit in 3Q 2022). Reported Earnings • Nov 26
First half 2023 earnings released: HK$0.049 loss per share (vs HK$2.03 profit in 1H 2022) First half 2023 results: HK$0.049 loss per share (down from HK$2.03 profit in 1H 2022). Revenue: HK$722.2m (up 168% from 1H 2022). Net loss: HK$70.0m (down 130% from profit in 1H 2022). Over the last 3 years on average, earnings per share has increased by 45% per year but the company’s share price has fallen by 59% per year, which means it is significantly lagging earnings. Board Change • Nov 16
Less than half of directors are independent There are 10 new directors who have joined the board in the last 3 years. Of these new board members, 3 were independent directors. The company's board is composed of: 10 new directors. No experienced directors. No highly experienced directors. 3 independent directors (6 non-independent directors). Founder & Honorary Chairman Kit Ying Sham is the most experienced director on the board, commencing their role in 2019. Independent Non-Executive Director John Lam was the last independent director to join the board, commencing their role in 2022. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity. Lack of experienced directors. Announcement • Nov 10
C&D Newin Paper & Pulp Corporation Limited to Report First Half, 2023 Results on Nov 25, 2022 C&D Newin Paper & Pulp Corporation Limited announced that they will report first half, 2023 results on Nov 25, 2022 Reported Earnings • Jul 27
Full year 2022 earnings released: EPS: HK$1.38 (vs HK$20.53 loss in FY 2021) Full year 2022 results: EPS: HK$1.38 (up from HK$20.53 loss in FY 2021). Revenue: HK$1.23b (down 28% from FY 2021). Net income: HK$472.5m (up HK$2.81b from FY 2021). Profit margin: 38% (up from net loss in FY 2021). Over the last 3 years on average, earnings per share has fallen by 5% per year but the company’s share price has fallen by 57% per year, which means it is performing significantly worse than earnings. Announcement • Jun 23
Samson Paper Holdings Limited, Annual General Meeting, Sep 02, 2022 Samson Paper Holdings Limited, Annual General Meeting, Sep 02, 2022. Reported Earnings • Jun 23
Full year 2022 earnings released: EPS: HK$1.38 (vs HK$20.53 loss in FY 2021) Full year 2022 results: EPS: HK$1.38 (up from HK$20.53 loss in FY 2021). Revenue: HK$1.23b (down 28% from FY 2021). Net income: HK$472.5m (up HK$2.81b from FY 2021). Profit margin: 38% (up from net loss in FY 2021). Over the last 3 years on average, earnings per share has fallen by 14% per year but the company’s share price has fallen by 54% per year, which means it is performing significantly worse than earnings. Announcement • Jun 17
Samson Paper Holdings Limited Provides Group Earnings Guidance for the Year Ended 31 March 2022 Samson Paper Holdings Limited provided Group earnings guidance for the year ended 31 March 2022. For the year, the company expects to record a profit attributable to the owners of the Company within the range of approximately HKD 2,400 million to HKD 2,600 million as compared to the loss attributable to the owners of the Company of approximately HKD 3,769 million for the year ended 31 March 2021. Announcement • Jun 07
Samson Paper Holdings Limited to Report Fiscal Year 2022 Results on Jun 21, 2022 Samson Paper Holdings Limited announced that they will report fiscal year 2022 results on Jun 21, 2022 Announcement • May 21
Samson Paper Holdings Limited Announces Board Changes Samson Paper Holdings Limited announced the following changes with effect from 20 May 2022: Ms. Cho Mei Ting has resigned from her position as an independent non-executive Director and has ceased to be a member of each of the Audit Committee, Remuneration Committee and Nomination Committee; and Mr. Lam John Cheung-wah has been appointed as an independent non-executive Director and a member of each of the Audit Committee, Remuneration Committee and Nomination Committee. Mr. Lam John Cheung-wah is the independent non-executive Director and a member of each of the Audit Committee, Remuneration Committee and Nomination Committee.Mr. Lam has substantial experience in the banking industry. From 1991 to 2005, he held various senior positions at Hongkong Bank of Canada (currently known as HSBC Bank Canada), HSBC California and Hang Seng Bank Limited. He subsequently worked at Dah Sing Bank, Limited from September 2005 to February 2012 with his last position as an Executive Director, Head of Retail Banking. After that, Mr. Lam acted as the Vice Chairman and an Executive Director of Nan Fung Property Holdings Limited in China Property Division between February 2013 and December 2021, and he has served as their consultant since January 2022. Currently, Mr. Lam is also a non-executive director of Hong Kong Aerospace Technology Group Limited, the shares of which are listed on the Main Board of the Stock Exchange (stock code: 1725), since October 2021, and an independent non-executive director of Wing Lee Property Investments Limited, the shares of which are listed on the Main Board of the Stock Exchange (stock code: 864), since February 2013. Board Change • Apr 27
Less than half of directors are independent There are 11 new directors who have joined the board in the last 3 years. Of these new board members, 3 were independent directors. The company's board is composed of: 11 new directors. No experienced directors. No highly experienced directors. 3 independent directors (7 non-independent directors). Founder & Honorary Chairman Kit Ying Sham is the most experienced director on the board, commencing their role in 2019. Independent Non-Executive Director Ernest Wong was the last independent director to join the board, commencing their role in 2022. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity. Lack of experienced directors. Announcement • Jan 28
Leung Vincent Gar-Gene Resigns as an Independent Non-Executive Director of Samson Paper Holdings Limited Mr. Leung Vincent Gar-Gene had resigned as an independent non-executive director of Samson Paper Holdings Limited with effect from 26 January 2022. Board Change • Jan 27
Less than half of directors are independent There are 4 new directors who have joined the board in the last 3 years. Of these new board members, 1 was an independent director. The company's board is composed of: 4 new directors. No experienced directors. No highly experienced directors. 1 independent director (2 non-independent directors). Founder & Honorary Chairman Kit Ying Sham is the most experienced director on the board, commencing their role in 2019. Independent Non-Executive Director Vincent Leung was the last independent director to join the board, commencing their role in 2020. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of experienced directors.