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Shandong Chenming Paper Holdings Co., Ltd. Class H
(Frankfurt:1812)
Shandong Chenming Paper Holdings Co., Ltd. Class H (1812) vs. S&P 500 (SPY)
Shandong Chenming Paper Holdings Co., Ltd. Class H Business Overview & Revenue Model
Shandong Chenming Paper Holdings Co., Ltd. Class H Financial Statement Overview
| Breakdown | |||||
| TTM | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
|---|---|---|---|---|---|
| Income Statement | Total Revenue | ||||
| 16.76B | 22.73B | 26.61B | 32.00B | 33.02B | 30.74B | Gross Profit |
| -1.30B | 584.65M | 2.16B | 4.63B | 7.80B | 7.09B | EBIT |
| ― | ― | -1.69B | 2.38B | 5.52B | 5.93B | EBITDA |
| -1.08B | ― | 2.52B | 4.58B | 7.38B | 7.62B | Net Income Common Stockholders |
| ― | ― | ― | 317.36M | 2.07B | 1.71B |
| Balance Sheet | Cash, Cash Equivalents and Short-Term Investments | ||||
| 2.32B | 5.95B | 12.12B | 14.08B | 14.23B | 17.95B | Total Assets |
| 58.02B | 63.51B | 79.49B | 84.30B | 82.84B | 91.58B | Total Debt |
| 27.60B | 31.58B | 43.92B | 45.09B | 45.61B | 49.63B | Net Debt |
| 25.32B | 25.67B | 31.85B | 31.09B | 31.49B | 31.87B | Total Liabilities |
| 47.74B | 50.67B | 58.39B | 60.57B | 60.29B | 65.78B | Stockholders Equity |
| 7.71B | 9.16B | 16.69B | 19.08B | 19.09B | 24.28B |
| Cash Flow | Free Cash Flow | ||||
| 2.27B | 2.55B | 4.08B | 2.56B | 7.95B | 11.01B | Operating Cash Flow |
| 1.52B | 2.62B | 4.39B | 3.45B | 8.58B | 11.26B | Investing Cash Flow |
| 59.74M | 465.80M | 58.29M | ― | 165.72M | ― | Financing Cash Flow |
| ― | ― | -5.78B | ― | ― | ― |
Shandong Chenming Paper Holdings Co., Ltd. Class H Technical Analysis
Shandong Chenming Paper Holdings Co., Ltd. Class H Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
74 Outperform | €7.87B | 9.08 | 5.21% | -3.06% | -24.51% | ||
69 Neutral | HK$1.92B | 6.32 | 5.95% | ― | -5.61% | -34.60% | |
60 Neutral | HK$9.06B | 6.90 | 4.75% | 5.62% | 4.24% | 25.30% | |
55 Neutral | HK$5.12B | ― | -17.32% | ― | -31.64% | -253.13% | |
50 Neutral | $1.98B | -1.06 | -21.29% | 3.61% | 1.95% | -30.60% | |
48 Neutral | $14.36B | 14.27 | 2.05% | ― | 9.33% | ― | |
47 Neutral | €4.04B | ― | ― | -39.09% | -895.81% |
Shandong Chenming Paper Holdings Co., Ltd. Class H Corporate Events
Shandong Chenming Paper Holdings Limited reported a significant decline in its financial performance for the first quarter of 2025, with revenue dropping by 88.21% and a net loss attributable to shareholders of RMB 1.45 billion. Despite an increase in net cash flows from operating activities by 12.16%, the company’s total assets and owners’ equity saw decreases of 8.64% and 15.84%, respectively, indicating challenging market conditions and potential impacts on stakeholders.
Shandong Chenming Paper Holdings Limited has issued a supplemental notice for its 2024 Annual General Meeting, scheduled for May 15, 2025. The company plans to discuss and seek approval for several key resolutions, including the termination of the Huanggang Chenming Phase II Project and the provision of external guarantees by the company and its subsidiaries. These resolutions could impact the company’s future operations and strategic direction.
Shandong Chenming Paper Holdings Co., Ltd. announced a significant acquisition where Huanggang Technology will acquire 39.98% of the Fund Units of Chenming Huanggang Fund from Changjiang Industrial Investment Fund for RMB439,157,698.63. This acquisition will increase the company’s stake in Chenming Huanggang Fund to 99.95%, allowing the financial results of the fund to continue being consolidated in the company’s financial statements. The transaction is classified as a disclosable and connected transaction under the Hong Kong Listing Rules, subject to certain reporting and announcement requirements but exempt from shareholder approval.
Shandong Chenming Paper Holdings Limited has announced an upcoming board meeting scheduled for April 29, 2025, to review and approve the unaudited financial results for the first quarter of 2025. This meeting is crucial for stakeholders as it will provide insights into the company’s financial performance and strategic direction for the year.
Shandong Chenming Paper Holdings Co., Ltd. has announced involvement in 149 new litigation cases amounting to RMB1,364,717,600, due to debt overdue and contract performance disputes, representing 14.91% of its latest audited net assets. The company is actively negotiating settlements and has received support from financial institutions to maintain credit stability, which includes measures like loan renewals and interest rate reductions, aimed at alleviating operational burdens and improving liquidity.
Shandong Chenming Paper Holdings Limited announced a change in the shareholding structure of its controlling shareholder, Chenming Holdings. The change involves Shandong Shouguang Jinxin Investment Development Holdings Group Co., Ltd. transferring its 45.2151% equity interest in Chenming Holdings to Shouguang Shenming Investment Co., Ltd., a subsidiary of the State-owned Assets Supervision and Administration Commission of Shouguang City, at no cost. Despite this transfer, the controlling shareholder and beneficial controller of the company remain unchanged, ensuring stability in its operations and governance.
Shandong Chenming Paper Holdings Co., Ltd. has announced the imposition of risk warnings on its A and B shares due to consecutive years of negative net profit and uncertainty about its ability to continue as a going concern, as reported by Grant Thornton. The company’s board is taking measures to address these issues, including resuming operations and production, seeking strategic investments, and improving internal controls to mitigate the adverse impacts of these warnings.
Shandong Chenming Paper Holdings Limited announced that its cumulative newly overdue debts have reached RMB1,656 million as of March 31, 2025, which represents 18.09% of its latest audited net assets. The company is facing potential litigation and operational disruptions due to these overdue debts. To mitigate these issues, provincial debt committees have been established to maintain credit stability and support the company with measures such as loan renewals and interest rate reductions. The company is also actively seeking to raise funds, optimize its asset structure, and negotiate debt repayment plans to improve liquidity and operational stability.
Shandong Chenming Paper Holdings Limited has announced its 2024 Annual General Meeting (AGM) to be held on May 15, 2025. Key resolutions include the approval of the 2024 financial and supervisory reports, a decision not to distribute profits for 2024, reappointment of auditors, and the commencement of new business ventures in equipment financing and accounts receivable factoring. Additionally, a special resolution was passed to provide guarantees for subsidiaries and to authorize the issuance of new shares, reflecting the company’s strategic focus on expanding its financial and operational capabilities.
Shandong Chenming Paper Holdings Limited has announced its annual results for the year ending December 31, 2024. The company’s financial statements were prepared in accordance with the Accounting Standards for Business Enterprises of China, and the results were reviewed by the Audit Committee. The Board has decided not to recommend a final dividend for 2024, pending shareholder approval at the upcoming annual general meeting on May 15, 2025.
Shandong Chenming Paper Holdings Limited has released its 2024 Annual Report Summary, highlighting a qualified opinion issued by Grant Thornton due to unspecified matters, as explained by the company’s Board and Supervisory Committee. Despite this, the company has decided not to distribute cash dividends or issue bonus shares for the reporting period. The machine-made paper business remains the primary revenue and profit source, with no significant changes in operations reported.
Shandong Chenming Paper Holdings Limited has announced an upcoming board meeting scheduled for March 31, 2025. The meeting will address the approval of the company’s annual results for the year ending December 31, 2024, and discuss a potential profit distribution plan. This meeting is significant as it will provide insights into the company’s financial performance and strategic decisions, impacting stakeholders and potentially influencing the company’s market positioning.
Shandong Chenming Paper Holdings Co., Ltd. announced the termination of its planned disposal of a 90.05% equity interest in Yujing Hotel to Guangyuan Real Property due to the latter’s inability to complete the payment. The termination agreement, signed on March 14, 2025, outlines the return of the previously paid consideration to Guangyuan Real Property in installments. The company has reinstated Yujing Hotel in its consolidated financial statements for 2024, ensuring no adverse impact on its financial position or operations. The termination is not expected to negatively affect the company’s business or shareholder interests.
Shandong Chenming Paper Holdings Co., Ltd. has announced involvement in 63 new litigation cases over the past year, amounting to RMB2,017,384,500, due to issues such as debt overdue and contract performance disputes. The company is actively working to settle these cases through negotiation and reaching settlements with creditors. Financial institutions have formed a provincial-level creditor committee to support the company by maintaining credit lines and offering measures like maturity extension and interest rate reduction, which have helped alleviate operational burdens. The company is also focusing on raising liquidity by disposing of non-core assets and improving debt collection.
Shandong Chenming Paper Holdings Limited announced an unusual price movement of its shares, with a significant decrease of over 12% in trading prices for three consecutive days. The company has confirmed that there are no undisclosed material events affecting this movement and has issued risk warnings for its shares, which have been subject to trading suspensions.
Shandong Chenming Paper Holdings Limited has announced the imposition of risk warnings for its A shares and B shares due to significant disruptions in its production operations. The company’s operations are seriously affected, with certain production bases under prolonged maintenance leading to a temporary suspension of trading for one day. The stock abbreviations will be changed to reflect the risk status, and the imposition of these warnings is expected to impact the company’s stock price volatility.