1. People's Republic of China Stocks

  2. •

    Basic Materials

  3. •

    Paper, Lumber & Forest Products
Shandong Chenming Paper Holdings Limited

Shandong Chenming Paper Holdings Limited

1812.HK
Shandong Chenming Paper Holdings LimitedHK flagHong Kong Stock Exchange
0.63
HKD
-0.02
- -
4.12BMarket Cap
Shandong Chenming Paper Holdings Limited
1812.HK
(Hong Kong Stock Exchange)

Recent

price

0.63

P/E

ratio

- -

div

yld

- -

ROIC.AI

2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
TTM
FRC
5.52
5.64
6.56
6.69
6.55
6.61
7.56
8.84
5.87
6.05
6.46
8.95
5.07
9.35
7.76
2.11
3.7
Revenue per Share
0.37
0.19
0.07
0.23
0.17
0.33
0.66
1.13
0.51
0.33
0.36
0.56
0.03
-0.45
-2.53
-2.83
-3.81
Basic EPS, GAAP
-1.82
-1.75
-0.29
-0.88
-0.72
-4.39
-0.11
-0.67
2.13
2.22
2.31
2.16
0.41
1.43
0.87
0.08
-0.01
Free Cash Flow per Basic Share
0.27
0.48
0.59
0.45
0.74
0.59
0.97
0.9
0.76
0.7
0.65
0.87
0.34
0.7
0.66
0.34
0.5
Dividend per Share
2.05
2
2.06
2.21
2.27
2.4
2.87
3.24
2.44
2.43
2.73
3.33
1.96
3.86
1.21
-1.62
-0.11
Book Value per Share
4.42
4.28
4.28
4.35
4.46
5.15
5.46
7.11
3.95
4
4.1
5.68
3.47
6.69
3.82
0.41
2.05
Tangible Book Value per Share
3,116
3,146
3,014
3,046
2,915
3,064
3,028
3,336
4,921
5,020
4,756
3,688
6,310
2,847
2,929
2,931
2,963
Basic Weighted Avg Shares
17,203
17,747
19,762
20,389
19,102
20,242
22,907
29,472
28,876
30,395
30,737
33,020
32,004
26,609
22,729
6,187
10,951
Sales/Revenue/Turnover
10.14
4.47
3.72
6.49
7.22
13.68
18.6
21.87
20.05
18.04
14.99
15.28
7.33
0.7
-6.24
-51.17
-38.04
Operating Margin (%)
1,194
1,241
1,512
1,356
1,436
1,404
1,433
1,704
1,736
1,906
2,318
2,425
2,318
2,320
2,372
2,330
- -
Depreciation Expense
1,163
608
221
711
505
1,021
1,999
3,769
2,510
1,657
1,712
2,066
189
-1,281
-7,411
-8,296
-11,297
Net Income, GAAP
16.69
15.77
- -
20.31
19.2
30.65
24.23
17.14
20.01
14.41
12.25
9.39
- -
- -
- -
- -
- -
Effective Tax Rate (%)
6.76
3.43
1.12
3.49
2.64
5.05
8.72
12.79
8.69
5.45
5.57
6.26
0.59
-4.82
-32.6
-134.1
-103.16
Profit Margin (%)
-1,078
-2,683
-941
-1,063
-4,525
-13,470
-10,942
-7,831
-13,447
-7,746
-15,164
-17,664
-19,179
-21,212
-27,951
-33,224
-30,147
Working Capital
4,726
7,620
10,189
9,492
10,155
8,958
6,936
9,842
9,896
10,458
9,674
5,489
4,036
4,723
4,801
5,611
3,738
LT Debt
15,260
14,988
14,345
14,638
14,348
17,259
22,565
30,274
25,872
26,340
25,800
22,575
23,728
21,098
12,836
2,813
7,695
Total Equity
6.04
2.2
- -
2.86
2.75
3.75
5.39
7.5
5.71
5.78
5.23
6.36
- -
- -
- -
- -
- -
Return on Invested Capital (%)
7.38
4.57
- -
5.82
4.96
8.06
9.86
12.54
7.28
6.35
6.11
6.83
- -
- -
- -
- -
- -
Return on Capital (%)
18.78
9.58
3.53
10.99
7.59
14.64
24.93
38.69
22
13.68
13.59
16.35
1.54
-10.98
-102.08
- -
-249.24
Return on Common Equity (%)

Capital Structure

FRC

•

in mil. unless spec.
Dec'24
Mar'25
Jun'25
ST Debt
28,358
26,174
25,861
LT Borrowings
4,764
3,927
3,702
LT Finance Leases
37
37
36
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
2,941
2,941
2,941
Market Capitalization
3,417
1,796
1,865

Working Capital

FRC

•

in mil. unless spec.
Dec'24
Mar'25
Jun'25
Total Current Assets
15,891
11,133
9,373
Cash, Cash Equivalents & STI
5,947
2,319
990
Accounts Receivable, Net
1,384
1,154
931
Inventories
2,835
2,899
2,522
Total Current Liabilities
43,842
40,860
39,520
Payables & Accruals
- -
- -
- -
ST Debt
28,358
26,174
25,861
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
-8.56%
-27.14%
-78.08%
Free Cash Flow
-24.08%
-32.9%
-90.6%
Net Income, GAAP
-23.65%
-71.35%
11.94%
Sales/Revenue/Turnover
-5.37%
-19.97%
-72.78%
Total Cash Common Dividend
-1.83%
-17.52%
-47.93%

Quarterly Revenue

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
6,762
7,123
5,940
2,905
22,729
2025
797
1,309
2,839
- -
6,187
2026
2,981
- -
- -
- -
- -

Quarterly Earnings Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.02
- -
- -
- -
-2.53
2025
-0.49
- -
- -
- -
-2.83
2026
-0.17
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.15
- -
- -
- -
0.66
2025
0.05
- -
- -
- -
0.34
2026
0.05
- -
- -
- -
- -
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Business
Shandong Chenming Paper Holdings Limited engages in pulp production, papermaking, and related businesses in China and internationally. Founded in 1958 and headquartered in Shouguang, Shandong Province, China, the company operates through segments including Machine Paper, Financial Services, Hotels and Property Rentals, and Other; it produces culture paper, copperplate paper, coated paper, white cardboard, copy paper, industrial paper, special paper, life paper, newspaper, thermal paper, glassine paper, and household paper such as toilet paper, facial tissues, pocket tissues, napkins, and paper towels, along with paper-making raw materials, machinery, chemicals, wood products, electricity, thermal power, and diversified services encompassing financial leasing, catering, logistics, property management, trading, printing, packaging, and real estate. The company maintains production bases across China with an annual capacity exceeding 6 million tons of paper products, serving domestic and export markets in over 60 countries, including printing, packaging, office, industrial, and consumer segments. In recent developments, Shandong Chenming Paper advances pulp-paper integration with a 300,000 TPA softwood pulp expansion connecting northern and southern China production facilities; it secured backing for RMB 2 billion in loans to resume operations at key mills including Huanggang Chenming, Jiangxi Chenming, and Shouguang Chenming following disruptions, while pursuing a new RMB 2.31 billion syndicated credit facility amid provincial debt committee support for credit stability; additionally, a subsidiary partnered with Minerals Technologies Inc. to build a 150,000 metric ton per year satellite precipitated calcium carbonate plant, and the company received a temporary shareholder proposal from Chenming Holding Company in April 2025.