1. People's Republic of China Stocks

  2. •

    Basic Materials

  3. •

    Paper, Lumber & Forest Products
Fujian Qingshan Paper Industry Co.,Ltd.

Fujian Qingshan Paper Industry Co.,Ltd.

600103.SS
Fujian Qingshan Paper Industry Co.,Ltd.CN flagShanghai Stock Exchange
2.91
CNY
-0.12
- -
6.52BMarket Cap
Fujian Qingshan Paper Industry Co.,Ltd.
600103.SS
(Shanghai Stock Exchange)

Recent

price

2.91

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
1.48
1.46
1.25
1.31
1.38
1.53
1.41
1.15
1.24
1.16
1.08
1.28
1.32
1.21
1.17
1.09
1.08
Revenue per Share
0.04
0.01
-0.23
0.01
0.02
-0.11
0.03
0.05
0.07
0.06
0.03
0.09
0.09
0.06
0.04
0.02
0.04
Basic EPS, GAAP
-0.08
-0.34
-0.23
0.01
0.07
0.03
-0.04
- -
0.22
-0.05
- -
0.17
0.13
-0.06
0.02
0.01
-0.04
Free Cash Flow per Basic Share
0.03
0.05
0.08
0.07
0.07
0.06
0.04
0.02
0.02
0.01
0.01
0.01
0.01
0.06
0.03
0.02
0.02
Dividend per Share
0.94
0.94
0.72
0.73
0.75
0.64
1.02
0.76
0.82
1.11
1.14
1.26
1.36
1.36
1.34
1.36
1.37
Book Value per Share
1.24
1.17
0.97
0.96
0.89
0.58
1.84
1.34
1.45
1.47
1.59
1.66
1.79
1.82
1.85
1.88
1.88
Tangible Book Value per Share
1,379
1,385
1,381
1,384
1,378
1,380
1,611
2,307
2,307
2,306
2,305
2,236
2,212
2,212
2,224
2,214
2,208
Basic Weighted Avg Shares
2,038
2,016
1,719
1,809
1,895
2,112
2,278
2,656
2,861
2,670
2,495
2,867
2,921
2,673
2,600
2,419
2,382
Sales/Revenue/Turnover
2.42
1.41
-6.1
-0.81
-4.27
1.36
6.14
6.67
8.01
5.39
0.14
7.73
8.14
4.32
4.72
4.89
5.77
Operating Margin (%)
101
119
137
124
131
132
135
154
155
169
175
160
157
150
164
196
- -
Depreciation Expense
55
12
-320
17
27
-147
45
105
155
128
77
190
208
122
85
55
86
Net Income, GAAP
17.68
35.48
- -
32.38
28.58
- -
23.59
17.99
9.99
8.77
25.88
14.23
19.84
10.06
22.69
18.92
22.25
Effective Tax Rate (%)
2.72
0.62
-18.62
0.95
1.44
-6.94
1.98
3.97
5.41
4.78
3.07
6.64
7.11
4.56
3.26
2.26
3.6
Profit Margin (%)
381
88
-13
401
652
-148
1,592
1,820
1,862
1,935
1,999
2,019
2,176
1,992
1,889
2,090
2,006
Working Capital
391
448
510
861
955
508
139
212
66
152
194
98
144
36
1
124
4
LT Debt
1,851
1,760
1,474
1,473
1,379
1,235
3,369
3,485
3,694
3,849
3,910
3,947
4,164
4,220
4,305
4,350
4,346
Total Equity
1.6
0.66
- -
-0.33
-1.97
- -
3.19
3.42
4.86
2.97
0.05
4.11
4.14
2.12
1.87
1.91
2.1
Return on Invested Capital (%)
3.37
1.7
- -
2.96
3.06
- -
3.2
4.48
5.96
4.28
2.35
5.26
5.52
3.17
2.17
1.18
2.17
Return on Capital (%)
4.3
0.96
-27.9
1.73
2.69
-15.29
3.56
6.22
8.48
5.71
2.94
6.98
7.14
4.06
2.83
1.82
2.84
Return on Common Equity (%)

Capital Structure

FRC

•

in mil. unless spec.
Dec'24
Mar'25
Jun'25
ST Debt
858
843
765
LT Borrowings
- -
- -
- -
LT Finance Leases
1
1
4
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
2,253
2,253
2,253
Market Capitalization
5,660
4,857
4,901

Working Capital

FRC

•

in mil. unless spec.
Dec'24
Mar'25
Jun'25
Total Current Assets
3,862
3,760
3,587
Cash, Cash Equivalents & STI
2,391
2,360
2,217
Accounts Receivable, Net
104
220
269
Inventories
569
536
549
Total Current Liabilities
1,973
1,796
1,581
Payables & Accruals
- -
- -
- -
ST Debt
858
843
765
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
19.89%
2.17%
1.05%
Free Cash Flow
4,676.43%
1,810.61%
-50.16%
Net Income, GAAP
4.33%
10.11%
-35.48%
Sales/Revenue/Turnover
1.76%
-0.28%
-6.98%
Total Cash Common Dividend
42.99%
101.97%
-27.04%

Quarterly Revenue

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
667
761
578
594
2,600
2025
627
583
651
- -
2,419
2026
569
- -
- -
- -
- -

Quarterly Earnings Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.01
- -
- -
- -
0.04
2025
0.01
- -
- -
- -
0.02
2026
0.01
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
0.03
2025
- -
- -
- -
- -
0.02
2026
- -
- -
- -
- -
- -
Similar Companies
Taihei Machinery Works, Limited (6342.T)
Nippecraft Limited (N32.SI)
Przedsiebiorstwo Produkcyjno - Handlowe KOMPAP S.A. (KMP.WA)
Ruchira Papers Limited (RUCHIRA.BO)
Xiamen anne co.ltd (002235.SZ)
Dongwha Enterprise Co Ltd (025900.KS)
Business
Fujian Qingshan Paper Industry Co., Ltd. Fujian Qingshan Paper Industry Co., Ltd. (600103.SS) engages in the production and sale of pulp, paper, and related products primarily in China. The company manufactures paper bag papers, kraft papers, corrugated papers, natural pulp boards, viscose fiber wood pulps for packaging cement, chemicals, fertilizers, food, feed, and building materials; bamboo pulp products for pulp film plastics, household paper, special paper, cultural paper, and other raw materials; dissolving pulp for the textile industry; as well as optoelectronic devices, pharmaceutical products including essential oils, ointments, essences, and wind oil essence; and provides forest cultivation, wood and bamboo harvesting, transportation, wastewater treatment, mechanical maintenance, and ultrasonic technology research services, with products sold under the Qingshan brand. Founded in 1958 and headquartered in Sanming City, Fujian Province, China, it was formerly known as Qingzhou Paper Mill, restructured into a joint-stock company in 1993, and listed on the Shanghai Stock Exchange in 1997, operating advanced pulp and papermaking production lines with supporting alkali recovery, cogeneration, and water treatment systems integrated across forest, pulp, and paper segments. In recent developments, the company plans a bamboo pulp technical transformation project with 200,000 tons annual capacity and 393 million yuan investment to advance green low-carbon development and pulp-alkali-paper balance; implements equity incentive plans including restricted stock repurchases and cancellations; and jointly increases funding in Fujian Salt Food for condiment production line expansion.