Zhengye International Holdings Co., Ltd.

Zhengye International Holdings Co., Ltd.

HHKEX:3363
0.31
HKD
-0.02
(-7.46%)
190.04MMarket Cap
2013 Y
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
2.89
3.43
3.62
4.15
4.83
5.7
4.73
4.99
7.12
6.03
4.78
4.87
5.03
- -
Basic EPS, GAAP
0.07
0.08
0.08
0.18
0.43
0.22
0.16
0.11
0.32
0.09
-0.04
0.07
0.03
- -
Free Cash Flow per Basic Share
-0.04
0.13
0.32
0.53
0.28
0.58
-0.43
-0.73
-0.86
-0.07
-0.5
-0.24
-0.09
- -
Dividend per Share
0.03
0.02
- -
- -
0.06
0.11
0.1
0.03
0.03
0.09
0.01
0.01
0.02
- -
Book Value per Share
1.04
1.1
1.18
1.36
1.67
1.79
1.85
1.93
2.22
2.23
2.18
2.24
2.25
2.24
Tangible Book Value per Share
1.03
1.09
1.17
1.03
1.35
1.48
1.85
1.92
2.21
2.2
2.15
2.22
2.22
2.22
Basic Weighted Avg Shares
500
500
500
500
500
500
500
500
500
500
500
500
500
500
Sales/Revenue/Turnover
1,446
1,714
1,808
2,074
2,414
2,848
2,367
2,493
3,558
3,014
2,391
2,436
2,516
- -
Operating Margin (%)
6.37
5.38
7.17
9.48
11.96
7.13
6.72
4.7
9.04
4.38
1.39
2.67
2.04
- -
Depreciation Expense
39
57
76
85
82
81
102
113
117
127
122
126
129
- -
Net Income, GAAP
35
39
41
92
213
109
82
55
161
47
-18
36
15
- -
Effective Tax Rate (%)
26.31
18.87
24.73
12.74
12.19
15.13
15.23
3.65
12.24
10.75
- -
- -
27.98
- -
Profit Margin (%)
2.41
2.3
2.28
4.42
8.83
3.84
3.47
2.2
4.52
1.56
-0.73
1.49
0.58
- -
Working Capital
-147
-259
-258
-144
64
67
147
81
262
100
57
178
13
178
LT Debt
32
236
206
143
116
13
105
117
199
209
243
464
376
464
Total Equity
518
656
699
808
994
1,073
1,124
1,190
1,382
1,403
1,371
1,407
1,411
1,407
Return on Invested Capital (%)
4.83
4.48
5.4
9.21
13.57
8.43
6.44
4.67
10.3
4.56
- -
- -
1.43
- -
Return on Capital (%)
5.21
5.23
4.87
6.61
12.43
6.43
4.98
4.25
6.76
3.08
- -
- -
1.69
- -
Return on Common Equity (%)
6.86
7.41
7.24
14.44
28.13
12.65
9.03
5.79
15.49
4.24
-1.59
3.29
1.29
- -

Capital Structure

CNY

•

in mil. unless spec.
Dec'23
Jun'24
Dec'24
ST Debt
807
729
601
LT Borrowings
220
456
447
LT Finance Leases
23
18
17
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
500
500
500
Market Capitalization
210
212
179

Working Capital

CNY

•

in mil. unless spec.
Dec'23
Jun'24
Dec'24
Total Current Assets
1,398
1,404
1,150
Cash, Cash Equivalents & STI
254
224
187
Accounts Receivable, Net
781
877
629
Inventories
205
208
201
Total Current Liabilities
1,341
1,111
971
Payables & Accruals
- -
- -
- -
ST Debt
807
729
601
Deferred Revenue
- -
- -
- -

Growth Rates

CNY

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
7.54%
3.66%
0.26%
Free Cash Flow
42.88%
80.97%
-62.14%
Net Income, GAAP
-23.31%
-76.34%
-60.13%
Sales/Revenue/Turnover
4.95%
2.39%
3.31%
Total Cash Common Dividend
- -
- -
100%

Semi-annual Revenue

CNY

•

in mil. unless spec.

Year

H1
H2
FY
2023
- -
- -
2,391
2024
- -
- -
2,436
2025
- -
- -
2,516

Semi-annual Earnings Per Share

CNY

•

in mil. unless spec.

Year

H1
H2
FY
2023
- -
- -
-0.04
2024
- -
- -
0.07
2025
- -
- -
0.03

Semi-annual Dividends Per Share

CNY

•

in mil. unless spec.

Year

H1
H2
FY
2023
- -
- -
0.01
2024
- -
- -
0.01
2025
- -
- -
0.02

Company Description

CEO
Zheng Hu
Full Time Employees
2,478
Sector
Process industries
Industry
Containers/Packaging
Address
Building 2, Ocean Plaza Zhongshan China
IPO Date
Jun 3, 2011
Business
Zhengye International Holdings Company Limited is an investment holding company primarily engaged in the manufacture and sale of paper, paperboard, and paper-based packaging products. Its core business operates through two main segments: the Packaging Paper segment, which produces and sells corrugated medium paper and linerboard; and the Paper Packaging Products segment, which manufactures and markets kraft cartons, color-printed cartons, honeycomb paper products, and color box packaging. The company targets large-scale manufacturers in various industries, particularly household appliances, food condiments, consumer electronics, and information technology sectors, with a strong presence in the People's Republic of China. Founded in 1999 and headquartered in China, Zhengye integrates waste paper recycling, corrugated medium paper manufacturing, and paper-based packaging production to provide environmentally friendly alternatives to traditional packaging materials like foam and plastic. In the past 1-2 years, Zhengye International Holdings has undertaken significant operational enhancements including the acquisition of property for expanding its production capabilities, notably completing a premises acquisition in Zhongshan City, Guangdong province. The company continues to focus on technological improvements and product quality by developing low quantum corrugated medium paper to ensure stable raw material supply and product consistency. It has also engaged in strategic business streamlining, exemplified by divestitures such as the sale of He Fei City Zheng Ye Packaging Co., Ltd. Zhengye remains committed to maintaining and expanding its production infrastructure, aiming to sustain its market leadership in paper packaging solutions for consumer product manufacturers in China. The company employs over 2,700 people and continues to leverage its integrated production approach and strong customer base to drive growth and innovation in the paper and packaging industry.