China Sunshine Paper Holdings Co. Ltd. (HK:2002)
:2002
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China Sunshine Paper Holdings Co. Ltd.
(2002)
Select Model
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Rating:64Neutral
Price Target:
HK$1.50
▲(4.90% Upside)
Action:ReiteratedDate:01/30/26
The score is driven primarily by mixed financial performance—declining operating profitability and inconsistent cash generation—partly offset by improved leverage and a stronger equity ratio. Technicals are subdued with the price below key moving averages and negative MACD, while valuation is a clear positive due to the low P/E and a ~3.7% dividend yield.
Positive Factors
Improving Leverage
Lower leverage and a higher equity ratio materially improve financial flexibility over the medium term. Reduced debt burden supports capacity for capital expenditure, sustainability investments, or opportunistic M&A, and lowers refinancing risk during cyclical downturns.
Negative Factors
Declining Operating Margins
Material compression in EBIT and EBITDA margins versus prior years signals structural cost or pricing pressure. Sustained lower operating profitability reduces internal funding for capex and dividends, weakens return on capital, and increases vulnerability to raw material or energy price shocks.
Read all positive and negative factors
Positive Factors
Negative Factors
Improving Leverage
Lower leverage and a higher equity ratio materially improve financial flexibility over the medium term. Reduced debt burden supports capacity for capital expenditure, sustainability investments, or opportunistic M&A, and lowers refinancing risk during cyclical downturns.
Read all positive factors
China Sunshine Paper Holdings Co. Ltd. (2002) vs. iShares MSCI Hong Kong ETF (EWH)
Market Cap
HK$1.10B
Dividend Yield3.45%
Average Volume (3M)44.22K
Price to Earnings (P/E)4.6
Beta (1Y)0.31
Revenue Growth-5.66%
EPS Growth-56.96%
CountryHK
Employees4,636
SectorBasic Materials
Sector Strength58
IndustryPaper, Lumber & Forest Products
Share Statistics
EPS (TTM)0.08
Shares Outstanding1,065,144,400
10 Day Avg. Volume41,700
30 Day Avg. Volume44,221
Financial Highlights & Ratios
PEG Ratio-0.21
Price to Book (P/B)0.41
Price to Sales (P/S)0.25
P/FCF Ratio23.13
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)N/A
Revenue Forecast (FY)N/A
China Sunshine Paper Holdings Co. Ltd. Business Overview & Revenue Model
Company Description
China Sunshine Paper Holdings Company Limited, together with its subsidiaries, produces and sells paper products in the People's Republic of China and internationally. It offers white top linerboard that is used to provide the outer facing surface...
How the Company Makes Money
China Sunshine Paper Holdings Co. Ltd. generates revenue primarily through the sale of its diverse range of paper products. Key revenue streams include the production and distribution of packaging paper, which caters to industries such as food and...
China Sunshine Paper Holdings Co. Ltd. Financial Statement Overview
Summary
Income Statement
65
Positive
Balance Sheet
70
Positive
Cash Flow
60
Neutral
| Breakdown | TTM | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 7.66B | 8.05B | 8.36B | 9.54B | 7.98B | 6.67B |
| Gross Profit | 1.17B | 1.20B | 1.31B | 1.16B | 1.53B | 1.44B |
| EBITDA | 642.68M | 613.96M | 1.19B | 918.92M | 1.24B | 934.59M |
| Net Income | 173.62M | 279.87M | 393.31M | 205.73M | 556.62M | 497.71M |
Balance Sheet | ||||||
| Total Assets | 12.75B | 12.11B | 12.16B | 12.10B | 11.03B | 9.38B |
| Cash, Cash Equivalents and Short-Term Investments | 1.09B | 1.15B | 1.59B | 868.93M | 840.09M | 613.27M |
| Total Debt | 5.38B | 5.11B | 5.18B | 5.56B | 4.71B | 4.16B |
| Total Liabilities | 7.35B | 6.81B | 7.19B | 7.68B | 6.94B | 5.95B |
| Stockholders Equity | 4.94B | 4.85B | 4.57B | 4.09B | 3.78B | 3.12B |
Cash Flow | ||||||
| Free Cash Flow | 196.43M | 86.51M | 870.30M | -111.79M | -50.98M | 231.13M |
| Operating Cash Flow | 441.45M | 680.54M | 1.41B | 546.40M | 1.07B | 936.77M |
| Investing Cash Flow | -774.08M | -884.63M | -118.01M | -1.13B | -1.39B | -363.22M |
| Financing Cash Flow | 116.11M | -228.69M | -559.81M | 607.55M | 536.07M | -679.59M |
China Sunshine Paper Holdings Co. Ltd. Technical Analysis
Negative
1.43
Price Trends
1.24
Negative
1.39
Negative
1.60
Negative
Market Momentum
-0.07
Positive
30.13
Neutral
32.22
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:2002, the sentiment is Negative. The current price of 1.43 is above the 20-day moving average (MA) of 1.16, above the 50-day MA of 1.24, and below the 200-day MA of 1.60, indicating a bearish trend. The MACD of -0.07 indicates Positive momentum. The RSI at 30.13 is Neutral, neither overbought nor oversold. The STOCH value of 32.22 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for HK:2002.
China Sunshine Paper Holdings Co. Ltd. Peers Comparison
UnderperformOutperform
Sector (61)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
64 Neutral | HK$1.10B | 4.57 | 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$31.02B | 2.92 | 7.32% | ― | 6.14% | 134.18% | |
47 Neutral | HK$6.09B | -0.25 | ― | ― | -76.55% | -966.54% | |
46 Neutral | HK$165.00M | 19.62 | 2.11% | 6.11% | 0.80% | 81.27% | |
45 Neutral | HK$374.87M | -4.13 | -37.51% | ― | -9.44% | ― |
* Basic Materials Sector Average
HK:2002
China Sunshine Paper Holdings Co. Ltd.
1.03
-0.84
-44.92%
HK:2314
Lee & Man Paper Manufacturing
3.50
1.54
78.48%
HK:2689
Nine Dragons Paper Holdings
6.61
3.67
124.83%
HK:1812
Shandong Chenming Paper Holdings Co., Ltd. Class H
1.10
0.57
107.55%
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Zhengye International Holdings Co., Ltd.
0.33
-0.04
-10.81%
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C&D Newin Paper & Pulp Corporation Limited
0.27
0.06
29.27%
China Sunshine Paper Holdings Co. Ltd. Corporate Events
China Sunshine Paper Revamps Board with Director Resignations and New Appointments
Jan 29, 2026
China Sunshine Paper Holdings has announced boardroom changes effective 29 January 2026, with non-executive director Zhang Xiaohui and independent non-executive director Wang Zefeng resigning due to personal engagements and relinquishing their rol...
China Sunshine Paper Details Board and Committee Structure
Jan 29, 2026
China Sunshine Paper Holdings Co. Ltd. has disclosed the current composition of its board of directors, listing its executive, non-executive and independent non-executive members, including Chairman Wang Dongxing, Vice Chairman Shi Weixin and Gene...
China Sunshine Paper Approves Key Agreements at Extraordinary General Meeting
Dec 10, 2025
China Sunshine Paper Holdings Co. Ltd. announced the successful results of its Extraordinary General Meeting held on December 10, 2025, where key resolutions were unanimously approved. These resolutions included the ratification of supplemental pu...
China Sunshine Paper Completes Acquisition and Adjusts Profit Guarantee
Dec 5, 2025
China Sunshine Paper Holdings Co. Ltd. announced the completion of an acquisition that increases its equity interest in a target company from 45% to 100%, making it a wholly owned subsidiary. This move consolidates the financial results of the tar...
China Sunshine Paper Holdings to Discuss Key Agreements at Upcoming EGM
Nov 25, 2025
China Sunshine Paper Holdings Co. Ltd. has announced an Extraordinary General Meeting (EGM) to be held on December 10, 2025, to discuss and approve two key agreements. The company aims to ratify the Supplemental Purchase Framework Agreement and th...
China Sunshine Paper Announces Circular Dispatch Delay and EGM Details
Nov 20, 2025
China Sunshine Paper Holdings Co. Ltd. announced a delay in the dispatch of a circular related to Supplemental Agreements, originally expected by November 20, 2025, now postponed to November 28, 2025. Additionally, the company’s Extraordinar...
China Sunshine Paper Holdings Engages in Discloseable Financial Transactions
Nov 19, 2025
China Sunshine Paper Holdings Co. Ltd., through its subsidiary Century Sunshine, has entered into two entrusted loan agreements with Qicheng Zhihui as the borrower. These agreements are part of a series of financial transactions that require discl...
China Sunshine Paper Holdings Announces Entrusted Loan Agreement
Nov 18, 2025
China Sunshine Paper Holdings Co. Ltd. announced a discloseable transaction involving an entrusted loan agreement through its subsidiary, Century Sunshine. The agreement, dated November 18, 2025, involves a loan of RMB50,000,000 to Qicheng Zhihui,...
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.