Shandong Chenming Paper Holdings Co., Ltd. Class H (HK:1812)
:1812
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Shandong Chenming Paper Holdings Co., Ltd. Class H
(1812)
Select Model
Select Model
Rating:47Neutral
Price Target:
HK$1.00
▲(29.87% Upside)
Action:ReiteratedDate:04/02/26
The score is weighed down primarily by weak financial performance—deep losses, shrinking revenue, and extreme leverage with a thin equity cushion—partly offset by improving technical signals (positive MACD and price above key longer-term moving averages). Valuation is constrained by negative earnings and lack of dividend yield data.
Positive Factors
Integrated upstream-downstream operations
Owning both pulp production and papermaking creates a durable vertical integration advantage: it secures input supply, enables cost and quality control, and supports margin management across cycles. This structural setup helps protect revenue and product availability over 2–6 months and beyond.
Negative Factors
Multi-year deep losses
Sustained negative profitability and falling revenue signal structural demand weakness or lost market share. Persistent losses erode retained earnings and restrict reinvestment, making operational turnaround and margin restoration more difficult over months without clear product or pricing improvements.
Read all positive and negative factors
Positive Factors
Negative Factors
Integrated upstream-downstream operations
Owning both pulp production and papermaking creates a durable vertical integration advantage: it secures input supply, enables cost and quality control, and supports margin management across cycles. This structural setup helps protect revenue and product availability over 2–6 months and beyond.
Read all positive factors
Shandong Chenming Paper Holdings Co., Ltd. Class H (1812) vs. iShares MSCI Hong Kong ETF (EWH)
Market Cap
HK$6.06B
Dividend YieldN/A
Average Volume (3M)1.02M
Price to Earnings (P/E)―
Beta (1Y)0.76
Revenue Growth-76.55%
EPS Growth-966.54%
CountryHK
Employees9,594
SectorBasic Materials
Sector Strength58
IndustryPaper, Lumber & Forest Products
Share Statistics
EPS (TTM)-0.85
Shares Outstanding528,305,240
10 Day Avg. Volume1,069,300
30 Day Avg. Volume1,016,175
Financial Highlights & Ratios
PEG Ratio-0.02
Price to Book (P/B)2.27
Price to Sales (P/S)0.33
P/FCF Ratio8.56
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)-0.22
Revenue Forecast (FY)HK$28.54B
Shandong Chenming Paper Holdings Co., Ltd. Class H Business Overview & Revenue Model
Company Description
Shandong Chenming Paper Holdings Co., Ltd. Class H (1812) is a prominent Chinese company engaged in the production and distribution of paper products. The company operates within the paper manufacturing industry and offers a wide range of products...
How the Company Makes Money
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Shandong Chenming Paper Holdings Co., Ltd. Class H Financial Statement Overview
Summary
Income Statement
8
Very Negative
Balance Sheet
12
Very Negative
Cash Flow
24
Negative
| Breakdown | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 6.19B | 22.73B | 26.61B | 32.00B | 33.02B |
| Gross Profit | -2.42B | 584.65M | 2.16B | 4.63B | 7.80B |
| EBITDA | -5.27B | -3.61B | 2.52B | 4.58B | 7.38B |
| Net Income | -8.30B | -7.41B | ― | 317.36M | 2.07B |
Balance Sheet | |||||
| Total Assets | 50.62B | 63.51B | 79.49B | 84.30B | 82.84B |
| Cash, Cash Equivalents and Short-Term Investments | 249.19M | 5.95B | 12.12B | 14.08B | 14.23B |
| Total Debt | 26.84B | 31.58B | 43.92B | 45.09B | 45.61B |
| Total Liabilities | 47.81B | 50.67B | 58.39B | 60.57B | 60.29B |
| Stockholders Equity | 903.84M | 9.16B | 16.69B | 19.08B | 19.09B |
Cash Flow | |||||
| Free Cash Flow | 239.99M | 2.55B | 4.08B | 2.56B | 7.95B |
| Operating Cash Flow | 243.21M | 2.62B | 4.39B | 3.45B | 8.58B |
| Investing Cash Flow | -133.90M | 465.80M | 58.29M | -2.44B | 165.72M |
| Financing Cash Flow | -122.06M | -3.72B | -5.78B | -1.98B | -9.94B |
Shandong Chenming Paper Holdings Co., Ltd. Class H Technical Analysis
Neutral
0.77
Price Trends
1.01
Positive
0.89
Positive
0.85
Positive
Market Momentum
0.03
Positive
46.13
Neutral
20.18
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:1812, the sentiment is Neutral. The current price of 0.77 is below the 20-day moving average (MA) of 1.17, below the 50-day MA of 1.01, and below the 200-day MA of 0.85, indicating a neutral trend. The MACD of 0.03 indicates Positive momentum. The RSI at 46.13 is Neutral, neither overbought nor oversold. The STOCH value of 20.18 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for HK:1812.
Shandong Chenming Paper Holdings Co., Ltd. Class H Peers Comparison
UnderperformOutperform
Sector (61)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
64 Neutral | HK$1.12B | 5.14 | 3.55% | 3.45% | -5.66% | -56.96% | |
61 Neutral | $10.43B | 7.12 | -0.05% | 2.87% | 2.86% | -36.73% | |
59 Neutral | HK$15.03B | 6.19 | 6.55% | 3.92% | 1.95% | -9.10% | |
48 Neutral | HK$31.06B | 2.92 | 7.32% | ― | 6.14% | 134.18% | |
47 Neutral | HK$6.06B | -0.25 | ― | ― | -76.55% | -966.54% | |
46 Neutral | HK$165.00M | 19.62 | 2.11% | 6.11% | 0.80% | 81.27% | |
45 Neutral | HK$367.80M | -4.13 | -37.51% | ― | -9.44% | ― |
* Basic Materials Sector Average
HK:1812
Shandong Chenming Paper Holdings Co., Ltd. Class H
1.06
0.53
100.00%
HK:2314
Lee & Man Paper Manufacturing
3.50
1.59
82.96%
HK:2689
Nine Dragons Paper Holdings
6.62
3.77
132.28%
HK:2002
China Sunshine Paper Holdings Co. Ltd.
1.05
-0.83
-44.15%
HK:3363
Zhengye International Holdings Co., Ltd.
0.33
-0.05
-13.16%
HK:0731
C&D Newin Paper & Pulp Corporation Limited
0.26
0.06
30.00%
Shandong Chenming Paper Holdings Co., Ltd. Class H Corporate Events
Chenming Paper Faces Soaring Overdue Debt and Litigation as It Pursues Restructuring
Mar 30, 2026
Shandong Chenming Paper Holdings has disclosed a sharp rise in its financial stress, reporting cumulative overdue debt of RMB5.12 billion as of 30 March 2026, an increase of RMB1.64 billion from a year earlier and equivalent to about 182% of its l...
Shandong Chenming Paper Posts 2025 Results and Withholds Final Dividend
Mar 30, 2026
Shandong Chenming Paper Holdings reported its audited annual results for the year ended 31 December 2025, prepared on a going concern basis under Chinese Accounting Standards for Business Enterprises and related regulatory disclosure rules. The co...
Shandong Chenming Paper Flags Unusual Share Price Surge as Production Fully Recovers
Mar 17, 2026
Shandong Chenming Paper Holdings reported that its A shares experienced an unusual price movement after rising more than 12% cumulatively over two consecutive trading days on 16 and 17 March 2026. The company noted that its major production bases ...
Shandong Chenming Paper Restores Full Capacity and Seeks Lifting of Risk Warning
Mar 16, 2026
Shandong Chenming Paper Holdings has fully resumed operations at its five major production bases following temporary maintenance shutdowns, restoring its total production capacity to 100%. Backed by local authorities and financial institutions, th...
Shandong Chenming Says Unusual Share Surge Not Backed by New Information
Mar 10, 2026
Shandong Chenming Paper Holdings reported that its A and B shares experienced an unusual cumulative price increase of more than 12% over three consecutive trading days, triggering a regulatory disclosure. The company stated it is unaware of any un...
Chenming Paper Sets March 2026 Board Meeting to Approve 2025 Results and Consider Profit Distribution
Mar 9, 2026
Shandong Chenming Paper Holdings has scheduled a board meeting for 30 March 2026 to review and approve the group’s annual results for the financial year ended 31 December 2025 and to authorize their publication. The board will also consider ...
Shandong Chenming Paper Flags Unusual B-Share Price Surge, Affirms Stable Operations
Feb 25, 2026
Shandong Chenming Paper Holdings reported an unusual price movement in its B shares after the stock’s trading price rose more than 12% cumulatively over three non-consecutive trading days in February 2026, triggering regulatory scrutiny. The...
Shandong Chenming Paper Warns of Deeper 2025 Losses Amid Mill Shutdowns and Business Restructuring
Jan 30, 2026
Shandong Chenming Paper Holdings has issued a profit warning for 2025, forecasting a net loss attributable to shareholders of between RMB 8.2 billion and RMB 8.8 billion, widening from a loss of RMB 7.41 billion a year earlier, with basic earnings...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.