Nine Dragons Paper Holdings (HK:2689)
:2689
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Nine Dragons Paper Holdings
(2689)
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Rating:48Neutral
Price Target:
HK$3.50
▼(-47.13% Downside)
Action:N/ADate:07/19/25
The overall stock score of 48 reflects significant concerns in financial performance, which carries the highest weight (0.5) and scores only 38 due to poor profitability, high debt, and negative cash flows. Technical analysis (score 65, weight 0.3) provides some optimism with bullish price trends, while valuation (score 50, weight 0.2) remains neutral with a fair P/E ratio. Financial weaknesses dominate the outlook, suggesting caution for investors.
Nine Dragons Paper Holdings (2689) vs. iShares MSCI Hong Kong ETF (EWH)
Market Cap
HK$31.06B
Dividend YieldN/A
Average Volume (3M)12.68M
Price to Earnings (P/E)2.9
Beta (1Y)1.29
Revenue Growth6.14%
EPS Growth134.18%
CountryHK
Employees25,410
SectorBasic Materials
Sector Strength58
IndustryPaper, Lumber & Forest Products
Share Statistics
EPS (TTM)0.48
Shares Outstanding4,692,220,700
10 Day Avg. Volume12,039,682
30 Day Avg. Volume12,678,575
Financial Highlights & Ratios
PEG Ratio0.06
Price to Book (P/B)0.34
Price to Sales (P/S)0.27
P/FCF Ratio0.00
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
HK$9.56Price Target Upside44.42% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering8
EPS Forecast (FY)0.79
Revenue Forecast (FY)HK$72.54B
Nine Dragons Paper Holdings Business Overview & Revenue Model
Company Description
Nine Dragons Paper (Holdings) Limited, together with its subsidiaries, manufactures and sells packaging paper, recycled printing and writing paper, and specialty paper and pulp products in the People's Republic of China. The company offers linerbo...
How the Company Makes Money
Nine Dragons Paper Holdings generates revenue primarily through the manufacturing and sale of paper products. The company's key revenue streams include the production of containerboard, which is used extensively in the packaging industry, as well ...
Nine Dragons Paper Holdings Financial Statement Overview
Summary
Income Statement
45
Neutral
Balance Sheet
40
Negative
Cash Flow
30
Negative
| Breakdown | TTM | Jun 2025 | Jun 2024 | Jun 2023 | Jun 2022 | Jun 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 66.38B | 63.24B | 59.50B | 56.74B | 64.54B | 61.57B |
| Gross Profit | 9.31B | 7.25B | 5.71B | 1.53B | 6.99B | 11.69B |
| EBITDA | 8.43B | 7.24B | 6.18B | 2.17B | 6.68B | 11.31B |
| Net Income | 3.63B | 2.17B | 772.35M | -2.38B | 3.28B | 7.10B |
Balance Sheet | ||||||
| Total Assets | 148.95B | 149.04B | 138.37B | 120.65B | 107.08B | 92.17B |
| Cash, Cash Equivalents and Short-Term Investments | 6.65B | 11.27B | 10.68B | 10.44B | 9.78B | 10.15B |
| Total Debt | 85.95B | 77.18B | 69.03B | 56.76B | 44.20B | 34.14B |
| Total Liabilities | 99.28B | 98.43B | 89.89B | 75.51B | 59.58B | 45.78B |
| Stockholders Equity | 49.13B | 50.10B | 48.01B | 44.65B | 47.05B | 45.93B |
Cash Flow | ||||||
| Free Cash Flow | -1.81B | 0.00 | -13.61B | -10.77B | -9.59B | -3.54B |
| Operating Cash Flow | 3.30B | 0.00 | -794.20M | 6.92B | 3.03B | 2.52B |
| Investing Cash Flow | -5.22B | 0.00 | -12.66B | -17.42B | -12.32B | -5.64B |
| Financing Cash Flow | -3.06B | 0.00 | 13.67B | 11.14B | 8.92B | 7.63B |
Nine Dragons Paper Holdings Technical Analysis
Negative
6.62
Price Trends
8.08
Negative
7.13
Negative
5.97
Positive
Market Momentum
-0.44
Positive
31.54
Neutral
28.59
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:2689, the sentiment is Negative. The current price of 6.62 is below the 20-day moving average (MA) of 7.45, below the 50-day MA of 8.08, and above the 200-day MA of 5.97, indicating a neutral trend. The MACD of -0.44 indicates Positive momentum. The RSI at 31.54 is Neutral, neither overbought nor oversold. The STOCH value of 28.59 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for HK:2689.
Nine Dragons Paper Holdings 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% |
* Basic Materials Sector Average
HK:2689
Nine Dragons Paper Holdings
6.62
3.77
132.28%
HK:2314
Lee & Man Paper Manufacturing
3.50
1.59
82.96%
HK:1812
Shandong Chenming Paper Holdings Co., Ltd. Class H
1.06
0.53
100.00%
HK:2002
China Sunshine Paper Holdings Co. Ltd.
1.05
-0.83
-44.15%
Nine Dragons Paper Holdings Corporate Events
Nine Dragons Paper Announces AGM Results and Board Changes
Dec 11, 2025
Nine Dragons Paper Holdings Limited announced the successful passing of all ordinary resolutions at its Annual General Meeting held on December 11, 2025. The meeting also marked the retirement of Mr. Lam Yiu Kin as an independent non-executive dir...
Nine Dragons Paper Announces Board Composition and Roles
Dec 11, 2025
Nine Dragons Paper Holdings Limited has announced the composition of its board of directors and their respective roles, highlighting the leadership structure within the company. This announcement provides clarity on the governance and operational ...
Nine Dragons Paper Sets Agenda for 2025 Annual General Meeting
Oct 23, 2025
Nine Dragons Paper Holdings Limited has announced the agenda for its upcoming Annual General Meeting, scheduled for December 11, 2025, in Hong Kong. Key resolutions include the re-election of several directors, the re-appointment of Pricewaterhous...
Nine Dragons Paper Holdings Appoints New Independent Non-Executive Director
Oct 16, 2025
Nine Dragons Paper Holdings has announced the appointment of Mr. Sun Po Yuen as an independent non-executive director, effective October 16, 2025. Mr. Sun brings nearly four decades of experience in accounting and auditing services, having held si...
Nine Dragons Paper Holdings Announces Board Composition and Governance Structure
Oct 16, 2025
Nine Dragons Paper Holdings has announced the composition of its board of directors and their respective roles and functions. The company has structured its board into various committees, including audit, remuneration, nomination, and corporate go...
Nine Dragons Paper Holdings Strengthens Governance with New Nomination Committee Terms
Oct 16, 2025
Nine Dragons Paper Holdings has outlined the terms of reference for its Nomination Committee, which is responsible for reviewing the board’s structure, size, and composition. The committee, composed of at least three members with a majority ...
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.