Nine Dragons Paper (Holdings) Limited

SEHK:2689 Stock Report

Market Cap: HK$14.8b

Nine Dragons Paper (Holdings) Past Earnings Performance

Past criteria checks 2/6

Nine Dragons Paper (Holdings)'s earnings have been declining at an average annual rate of -39.5%, while the Forestry industry saw earnings growing at 11.9% annually. Revenues have been growing at an average rate of 2.3% per year. Nine Dragons Paper (Holdings)'s return on equity is 1.6%, and it has net margins of 1.3%.

Key information

-39.5%

Earnings growth rate

-39.5%

EPS growth rate

Forestry Industry Growth-24.3%
Revenue growth rate2.3%
Return on equity1.6%
Net Margin1.3%
Last Earnings Update30 Jun 2024

Recent past performance updates

Recent updates

Estimating The Fair Value Of Nine Dragons Paper (Holdings) Limited (HKG:2689)

Jan 29
Estimating The Fair Value Of Nine Dragons Paper (Holdings) Limited (HKG:2689)

There Are Reasons To Feel Uneasy About Nine Dragons Paper (Holdings)'s (HKG:2689) Returns On Capital

Nov 28
There Are Reasons To Feel Uneasy About Nine Dragons Paper (Holdings)'s (HKG:2689) Returns On Capital

What You Can Learn From Nine Dragons Paper (Holdings) Limited's (HKG:2689) P/S After Its 25% Share Price Crash

Nov 01
What You Can Learn From Nine Dragons Paper (Holdings) Limited's (HKG:2689) P/S After Its 25% Share Price Crash

Calculating The Intrinsic Value Of Nine Dragons Paper (Holdings) Limited (HKG:2689)

Oct 22
Calculating The Intrinsic Value Of Nine Dragons Paper (Holdings) Limited (HKG:2689)

Some Analysts Just Cut Their Nine Dragons Paper (Holdings) Limited (HKG:2689) Estimates

Sep 30
Some Analysts Just Cut Their Nine Dragons Paper (Holdings) Limited (HKG:2689) Estimates

A Piece Of The Puzzle Missing From Nine Dragons Paper (Holdings) Limited's (HKG:2689) Share Price

Aug 30
A Piece Of The Puzzle Missing From Nine Dragons Paper (Holdings) Limited's (HKG:2689) Share Price

Investors Could Be Concerned With Nine Dragons Paper (Holdings)'s (HKG:2689) Returns On Capital

Jul 26
Investors Could Be Concerned With Nine Dragons Paper (Holdings)'s (HKG:2689) Returns On Capital

A Piece Of The Puzzle Missing From Nine Dragons Paper (Holdings) Limited's (HKG:2689) 27% Share Price Climb

May 13
A Piece Of The Puzzle Missing From Nine Dragons Paper (Holdings) Limited's (HKG:2689) 27% Share Price Climb

The Returns On Capital At Nine Dragons Paper (Holdings) (HKG:2689) Don't Inspire Confidence

Apr 26
The Returns On Capital At Nine Dragons Paper (Holdings) (HKG:2689) Don't Inspire Confidence

Is Nine Dragons Paper (Holdings) (HKG:2689) Using Debt In A Risky Way?

Sep 26
Is Nine Dragons Paper (Holdings) (HKG:2689) Using Debt In A Risky Way?

Nine Dragons Paper (Holdings) Limited (HKG:2689) Shares Could Be 43% Below Their Intrinsic Value Estimate

Jul 24
Nine Dragons Paper (Holdings) Limited (HKG:2689) Shares Could Be 43% Below Their Intrinsic Value Estimate

Health Check: How Prudently Does Nine Dragons Paper (Holdings) (HKG:2689) Use Debt?

Mar 06
Health Check: How Prudently Does Nine Dragons Paper (Holdings) (HKG:2689) Use Debt?

What Does Nine Dragons Paper (Holdings) Limited's (HKG:2689) Share Price Indicate?

Dec 16
What Does Nine Dragons Paper (Holdings) Limited's (HKG:2689) Share Price Indicate?

Nine Dragons Paper (Holdings) (HKG:2689) Might Be Having Difficulty Using Its Capital Effectively

Nov 25
Nine Dragons Paper (Holdings) (HKG:2689) Might Be Having Difficulty Using Its Capital Effectively

These 4 Measures Indicate That Nine Dragons Paper (Holdings) (HKG:2689) Is Using Debt In A Risky Way

Oct 26
These 4 Measures Indicate That Nine Dragons Paper (Holdings) (HKG:2689) Is Using Debt In A Risky Way

Nine Dragons Paper (Holdings) Limited's (HKG:2689) Intrinsic Value Is Potentially 92% Above Its Share Price

Aug 23
Nine Dragons Paper (Holdings) Limited's (HKG:2689) Intrinsic Value Is Potentially 92% Above Its Share Price

Nine Dragons Paper (Holdings) (HKG:2689) Has More To Do To Multiply In Value Going Forward

Jul 24
Nine Dragons Paper (Holdings) (HKG:2689) Has More To Do To Multiply In Value Going Forward

These 4 Measures Indicate That Nine Dragons Paper (Holdings) (HKG:2689) Is Using Debt Extensively

May 27
These 4 Measures Indicate That Nine Dragons Paper (Holdings) (HKG:2689) Is Using Debt Extensively

Nine Dragons Paper (Holdings) Limited (HKG:2689) Shares Could Be 37% Below Their Intrinsic Value Estimate

Apr 28
Nine Dragons Paper (Holdings) Limited (HKG:2689) Shares Could Be 37% Below Their Intrinsic Value Estimate

The Returns At Nine Dragons Paper (Holdings) (HKG:2689) Aren't Growing

Apr 06
The Returns At Nine Dragons Paper (Holdings) (HKG:2689) Aren't Growing

Is Nine Dragons Paper (Holdings) (HKG:2689) Using Too Much Debt?

Feb 23
Is Nine Dragons Paper (Holdings) (HKG:2689) Using Too Much Debt?

Nine Dragons Paper (Holdings) Limited's (HKG:2689) Intrinsic Value Is Potentially 56% Above Its Share Price

Jan 27
Nine Dragons Paper (Holdings) Limited's (HKG:2689) Intrinsic Value Is Potentially 56% Above Its Share Price

Nine Dragons Paper (Holdings) (HKG:2689) Is Experiencing Growth In Returns On Capital

Dec 27
Nine Dragons Paper (Holdings) (HKG:2689) Is Experiencing Growth In Returns On Capital

Nine Dragons Paper (Holdings)'s (HKG:2689) Shareholders Will Receive A Bigger Dividend Than Last Year

Oct 27
Nine Dragons Paper (Holdings)'s (HKG:2689) Shareholders Will Receive A Bigger Dividend Than Last Year

Is Nine Dragons Paper (Holdings) (HKG:2689) Using Too Much Debt?

Oct 19
Is Nine Dragons Paper (Holdings) (HKG:2689) Using Too Much Debt?

The Return Trends At Nine Dragons Paper (Holdings) (HKG:2689) Look Promising

Sep 28
The Return Trends At Nine Dragons Paper (Holdings) (HKG:2689) Look Promising

Estimating The Fair Value Of Nine Dragons Paper (Holdings) Limited (HKG:2689)

Sep 01
Estimating The Fair Value Of Nine Dragons Paper (Holdings) Limited (HKG:2689)

Investors Will Want Nine Dragons Paper (Holdings)'s (HKG:2689) Growth In ROCE To Persist

Jun 03
Investors Will Want Nine Dragons Paper (Holdings)'s (HKG:2689) Growth In ROCE To Persist

An Intrinsic Calculation For Nine Dragons Paper (Holdings) Limited (HKG:2689) Suggests It's 28% Undervalued

Apr 22
An Intrinsic Calculation For Nine Dragons Paper (Holdings) Limited (HKG:2689) Suggests It's 28% Undervalued

Is Nine Dragons Paper (Holdings) (HKG:2689) Using Too Much Debt?

Mar 23
Is Nine Dragons Paper (Holdings) (HKG:2689) Using Too Much Debt?

Will The ROCE Trend At Nine Dragons Paper (Holdings) (HKG:2689) Continue?

Mar 05
Will The ROCE Trend At Nine Dragons Paper (Holdings) (HKG:2689) Continue?

Is Nine Dragons Paper (Holdings) Limited (HKG:2689) A Smart Pick For Income Investors?

Feb 18
Is Nine Dragons Paper (Holdings) Limited (HKG:2689) A Smart Pick For Income Investors?

Nine Dragons Paper (Holdings) Limited's (HKG:2689) Stock's On An Uptrend: Are Strong Financials Guiding The Market?

Jan 31
Nine Dragons Paper (Holdings) Limited's (HKG:2689) Stock's On An Uptrend: Are Strong Financials Guiding The Market?

Are Investors Undervaluing Nine Dragons Paper (Holdings) Limited (HKG:2689) By 37%?

Jan 11
Are Investors Undervaluing Nine Dragons Paper (Holdings) Limited (HKG:2689) By 37%?

Nine Dragons Paper (Holdings) (HKG:2689) Has Gifted Shareholders With A Fantastic 193% Total Return On Their Investment

Dec 24
Nine Dragons Paper (Holdings) (HKG:2689) Has Gifted Shareholders With A Fantastic 193% Total Return On Their Investment

Nine Dragons Paper (Holdings) Limited (HKG:2689) Passed Our Checks, And It's About To Pay A CN¥0.22 Dividend

Dec 09
Nine Dragons Paper (Holdings) Limited (HKG:2689) Passed Our Checks, And It's About To Pay A CN¥0.22 Dividend

Returns On Capital - An Important Metric For Nine Dragons Paper (Holdings) (HKG:2689)

Dec 02
Returns On Capital - An Important Metric For Nine Dragons Paper (Holdings) (HKG:2689)

Revenue & Expenses Breakdown

How Nine Dragons Paper (Holdings) makes and spends money. Based on latest reported earnings, on an LTM basis.


Earnings and Revenue History

SEHK:2689 Revenue, expenses and earnings (CNY Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
30 Jun 2459,4967514,5200
31 Mar 2457,825244,5160
31 Dec 2356,153-7024,5130
30 Sep 2356,446-1,5434,6070
30 Jun 2356,739-2,3834,7010
31 Mar 2359,002-1,6364,5900
31 Dec 2261,265-8884,4790
30 Sep 2262,9011,1944,3780
30 Jun 2264,5383,2754,2780
31 Mar 2264,8484,5754,2020
31 Dec 2165,1595,8744,1260
30 Sep 2163,3666,4884,0020
30 Jun 2161,5747,1013,8770
31 Mar 2157,4836,4963,7070
31 Dec 2053,3925,8923,5370
30 Sep 2052,3675,0303,5010
30 Jun 2051,3414,1683,4650
31 Mar 2052,2184,0303,4450
31 Dec 1953,0943,8913,4250
30 Sep 1953,8523,8853,3770
30 Jun 1954,6093,8793,3290
31 Mar 1956,0464,8323,1720
31 Dec 1857,4835,7863,0150
30 Sep 1855,1336,8172,6780
30 Jun 1852,7827,8482,3420
31 Mar 1849,2307,3232,1730
31 Dec 1745,6796,7982,0050
30 Sep 1742,4175,5911,9930
30 Jun 1739,1554,3841,9800
31 Mar 1737,0313,5541,9400
31 Dec 1634,9072,7241,9000
30 Sep 1633,5001,9231,8420
30 Jun 1632,0931,1221,7840
31 Mar 1631,4051,0831,7670
31 Dec 1530,7171,0441,7500
30 Sep 1530,4051,2281,6730
30 Jun 1530,0931,4121,5970
31 Mar 1529,9971,4371,5130
31 Dec 1429,9011,4621,4280
30 Sep 1429,4151,6091,3870
30 Jun 1428,9291,7551,3460
31 Mar 1428,8281,8151,3580

Quality Earnings: 2689 has high quality earnings.

Growing Profit Margin: 2689 became profitable in the past.


Free Cash Flow vs Earnings Analysis


Past Earnings Growth Analysis

Earnings Trend: 2689's earnings have declined by 39.5% per year over the past 5 years.

Accelerating Growth: 2689 has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.

Earnings vs Industry: 2689 has become profitable in the last year, making it difficult to compare its past year earnings growth to the Forestry industry (-10.3%).


Return on Equity

High ROE: 2689's Return on Equity (1.6%) is considered low.


Return on Assets


Return on Capital Employed


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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/02/01 19:02
End of Day Share Price 2025/01/28 00:00
Earnings2024/06/30
Annual Earnings2024/06/30

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Nine Dragons Paper (Holdings) Limited is covered by 33 analysts. 11 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Kathryn DingBNP Paribas Securities (Asia)
Xiao XingBOCI Research Ltd.
Yanlin ZhaoBofA Global Research