Southern Packaging Group (SGX:BQP) - Stock Price, News & Analysis

BQP Stock Overview

An investment holding company, engages in the manufacture and trading of flexible and rigid packaging products in the People's Republic of China, Australia, Thailand, the Philippines, and internationally. More details

BQP fundamental analysis
Snowflake Score
Valuation	3/6
Future Growth	0/6
Past Performance	0/6
Financial Health	2/6
Dividends	0/6

Rewards

Trading at 7.9% below our estimate of its fair value

Risk Analysis

Earnings have declined by 50.1% per year over past 5 years

Interest payments are not well covered by earnings

Shares are highly illiquid

Does not have a meaningful market cap (SGD30M)

Southern Packaging Group Limited Competitors

Tat Seng Packaging Group

SGX:T12

S$121.0m

PSC

SGX:DM0

S$174.5m

Chemical Industries (Far East)

SGX:C05

S$39.5m

Enviro-Hub Holdings

SGX:L23

S$38.5m

Price History & Performance

Summary of all time highs, changes and price drops for Southern Packaging Group
Historical stock prices
Current Share Price	S$0.42
52 Week High	S$0.60
52 Week Low	S$0.27
Beta	0.42
11 Month Change	-5.62%
3 Month Change	n/a
1 Year Change	n/a
33 Year Change	-12.50%
5 Year Change	37.70%
Change since IPO	-58.00%

Southern Packaging Group (SGX:BQP) Has A Somewhat Strained Balance Sheet

Oct 15

Revenues Not Telling The Story For Southern Packaging Group Limited (SGX:BQP) After Shares Rise 27%

Jun 13

Is Southern Packaging Group (SGX:BQP) Using Debt In A Risky Way?

May 14

Recent updates

Southern Packaging Group (SGX:BQP) Has A Somewhat Strained Balance Sheet

Oct 15

Revenues Not Telling The Story For Southern Packaging Group Limited (SGX:BQP) After Shares Rise 27%

Jun 13

Is Southern Packaging Group (SGX:BQP) Using Debt In A Risky Way?

May 14

Revenues Not Telling The Story For Southern Packaging Group Limited (SGX:BQP) After Shares Rise 87%

Mar 21

These Return Metrics Don't Make Southern Packaging Group (SGX:BQP) Look Too Strong

Nov 28

Southern Packaging Group (SGX:BQP) Seems To Be Using A Lot Of Debt

Oct 06

These Return Metrics Don't Make Southern Packaging Group (SGX:BQP) Look Too Strong

Aug 11

Southern Packaging Group (SGX:BQP) Has No Shortage Of Debt

Oct 26

Southern Packaging Group's (SGX:BQP) Returns On Capital Not Reflecting Well On The Business

Sep 21

Returns On Capital Signal Difficult Times Ahead For Southern Packaging Group (SGX:BQP)

Jun 10

Southern Packaging Group (SGX:BQP) Has No Shortage Of Debt

Apr 16

Is Southern Packaging Group (SGX:BQP) Shrinking?

Mar 12

Is Southern Packaging Group (SGX:BQP) A Risky Investment?

Dec 07

Shareholder Returns

	BQP	SG Packaging	SG Market
7D	0%	-2.9%	0.5%
1Y	n/a	11.6%	14.1%

Return vs Industry: Insufficient data to determine how BQP performed against the SG Packaging industry.

Return vs Market: Insufficient data to determine how BQP performed against the SG Market.

Price Volatility

Is BQP's price volatile compared to industry and market?
BQP volatility
BQP Average Weekly Movement	n/a
Packaging Industry Average Movement	5.4%
Market Average Movement	4.6%
10% most volatile stocks in SG Market	14.4%
10% least volatile stocks in SG Market	2.1%

Stable Share Price: BQP's share price has been volatile over the past 3 months compared to the SG market.

Volatility Over Time: Insufficient data to determine BQP's volatility change over the past year.

About the Company

Founded	Employees	CEO	Website
1981	n/a	Shun Ming Pan	www.southern-packaging.com

Southern Packaging Group Limited, an investment holding company, engages in the manufacture and trading of flexible and rigid packaging products in the People's Republic of China, Australia, Thailand, the Philippines, and internationally. It operates through Flexible Packaging, Rigid Packaging, and Property Development segments. The company primarily offers plastic packaging bags and polyethylene terephthalate bottles.

Southern Packaging Group Limited Fundamentals Summary

How do Southern Packaging Group's earnings and revenue compare to its market cap?
BQP fundamental statistics
Market cap	S$29.53m
Earnings (TTM)	-S$1.41m
Revenue (TTM)	S$131.81m

0.2x

P/S Ratio

-20.9x

P/E Ratio

Is BQP overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
BQP income statement (TTM)
Revenue	CN¥710.60m
Cost of Revenue	CN¥580.81m
Gross Profit	CN¥129.79m
Other Expenses	CN¥137.39m
Earnings	-CN¥7.60m

Last Reported Earnings

Jun 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)	-0.11
Gross Margin	18.26%
Net Profit Margin	-1.07%
Debt/Equity Ratio	73.7%

How did BQP perform over the long term?

See historical performance and comparison

BQP Stock Overview

Rewards

Risk Analysis

Southern Packaging Group Limited Competitors

SGX:T12

S$121.0m

SGX:DM0

S$174.5m

SGX:C05

S$39.5m

SGX:L23

S$38.5m

Price History & Performance

Recent News & Updates

Southern Packaging Group (SGX:BQP) Has A Somewhat Strained Balance Sheet

First half 2024 earnings released: EPS: CN¥0.007 (vs CN¥0.077 loss in 1H 2023)

Revenues Not Telling The Story For Southern Packaging Group Limited (SGX:BQP) After Shares Rise 27%

Is Southern Packaging Group (SGX:BQP) Using Debt In A Risky Way?

Southern Packaging Group Limited Appoints Chan Kam Loon as Lead Independent Director of the Company and Chairman of Audit and Remuneration Committees, Effective from 1 May 2024

Southern Packaging Group Limited Appoints Poon Joe Keen as Independent Non-Executive Directorand A Member of Audit, Remuneration and Nominating Committees

Recent updates

Southern Packaging Group (SGX:BQP) Has A Somewhat Strained Balance Sheet

First half 2024 earnings released: EPS: CN¥0.007 (vs CN¥0.077 loss in 1H 2023)

Revenues Not Telling The Story For Southern Packaging Group Limited (SGX:BQP) After Shares Rise 27%

Is Southern Packaging Group (SGX:BQP) Using Debt In A Risky Way?

Southern Packaging Group Limited Appoints Chan Kam Loon as Lead Independent Director of the Company and Chairman of Audit and Remuneration Committees, Effective from 1 May 2024

Southern Packaging Group Limited Appoints Poon Joe Keen as Independent Non-Executive Directorand A Member of Audit, Remuneration and Nominating Committees

Southern Packaging Group Limited, Annual General Meeting, Apr 29, 2024

Revenues Not Telling The Story For Southern Packaging Group Limited (SGX:BQP) After Shares Rise 87%

New minor risk - Financial data availability

Southern Packaging Group Limited Announces Board and Committee Changes

High number of new directors

First half 2023 earnings released: CN¥0.077 loss per share (vs CN¥0.21 loss in 1H 2022)

Is Southern Packaging Group (SGX:BQP) A Risky Investment?

High number of new directors

Southern Packaging Group Limited Provides Unaudited Earnings Guidance for the Six-Month Period Ended 30 June 2023

Southern Packaging Group Limited Announces Appointment of Chan Kam Loon as Independent Non-Executive Director, Effective August 1, 2023

New major risk - Market cap size

Insufficient new directors

Is Southern Packaging Group (SGX:BQP) Using Debt Sensibly?

Full year 2022 earnings released: CN¥0.52 loss per share (vs CN¥0.20 profit in FY 2021)

Insider recently bought S$239k worth of stock

Full year 2022 earnings released: CN¥0.52 loss per share (vs CN¥0.20 profit in FY 2021)

Insufficient new directors

Southern Packaging Group Limited to Report Fiscal Year 2022 Results on Mar 01, 2023

Now 25% undervalued after recent price drop

Estimating The Intrinsic Value Of Southern Packaging Group Limited (SGX:BQP)

Insufficient new directors

These Return Metrics Don't Make Southern Packaging Group (SGX:BQP) Look Too Strong

Insufficient new directors

Southern Packaging Group (SGX:BQP) Seems To Be Using A Lot Of Debt

Insufficient new directors

Insufficient new directors

First half 2022 earnings released: CN¥0.21 loss per share (vs CN¥0.014 profit in 1H 2021)

Insider recently bought S$191k worth of stock

These Return Metrics Don't Make Southern Packaging Group (SGX:BQP) Look Too Strong

Insufficient new directors

Insufficient new directors

Southern Packaging Group Limited to Report First Half, 2022 Results on Aug 14, 2022

Insider recently bought S$135k worth of stock

Insufficient new directors

Southern Packaging Group Limited Approves First and Final One-Tier Tax Exempt Dividend for the Year Ended 31 December 2021

Southern Packaging Group Limited Provides Update on the Group's Business Operations

Southern Packaging Group Limited Proposes First and Final Tax Exempt Dividend for the Financial Year Ended 31 December 2021, Payable on 25 May 2022

Insufficient new directors

Full year 2021 earnings: Revenues and EPS in line with analyst expectations

Insufficient new directors

Insufficient new directors

Insufficient new directors

Insufficient new directors

Southern Packaging Group (SGX:BQP) Has No Shortage Of Debt

Southern Packaging Group's (SGX:BQP) Returns On Capital Not Reflecting Well On The Business

Insufficient new directors

First half 2021 earnings released: EPS CN¥0.014 (vs CN¥0.072 loss in 1H 2020)

Returns On Capital Signal Difficult Times Ahead For Southern Packaging Group (SGX:BQP)

Southern Packaging Group (SGX:BQP) Has No Shortage Of Debt

Is Southern Packaging Group (SGX:BQP) Shrinking?

Is Southern Packaging Group (SGX:BQP) A Risky Investment?

Shareholder Returns

Price Volatility