Southern Packaging Group Limited

Southern Packaging Group Limited

SSGX:BQP
0.33
SGD
+0.00
(-1.52%)
22.90MMarket 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
10.08
9.75
9.83
9.25
10.28
10.3
10.08
8.4
10.94
8.58
9.83
9.78
8.79
- -
Basic EPS, GAAP
0.4
-0.4
0.59
0.58
0.37
-0.03
0.13
0.07
0.2
-0.52
-0.19
-0.27
-0.08
- -
Free Cash Flow per Basic Share
-0.7
1.28
1.87
-0.24
-0.33
-0.44
-0.46
-0.5
0.31
0.17
0.14
0.36
-0.15
- -
Dividend per Share
0.04
0.08
0.04
0.06
0.06
0.02
- -
0.01
0.01
0.02
- -
- -
- -
- -
Book Value per Share
6.9
6.42
6.98
7.52
7.82
7.78
7.92
7.97
8.15
7.63
7.44
7.17
7.09
7.14
Tangible Book Value per Share
6.9
6.42
6.98
6.66
6.98
7.18
7.34
7.41
7.6
7.1
6.92
6.67
6.6
6.66
Basic Weighted Avg Shares
69
70
70
70
70
70
70
70
70
70
70
70
70
70
Sales/Revenue/Turnover
698
686
691
651
723
724
709
590
769
604
692
688
618
- -
Operating Margin (%)
9.46
3.43
10.25
8.07
5.53
1.8
3.68
1.8
2.94
-5.11
0.08
0.32
0.47
- -
Depreciation Expense
44
44
45
47
52
60
66
64
59
60
60
56
31
- -
Net Income, GAAP
28
-28
41
41
26
-2
9
5
14
-36
-14
-19
-6
- -
Effective Tax Rate (%)
31.83
- -
20.7
14.68
9.33
- -
- -
- -
- -
- -
- -
- -
- -
- -
Profit Margin (%)
3.98
-4.15
5.99
6.29
3.55
-0.31
1.3
0.8
1.82
-6.01
-1.95
-2.75
-0.91
- -
Working Capital
99
66
93
79
64
16
162
176
72
22
76
67
111
108
LT Debt
70
109
70
59
97
25
137
116
65
63
88
47
90
77
Total Equity
485
451
491
529
550
547
557
561
573
537
523
504
499
502
Return on Invested Capital (%)
6.49
- -
7.38
6.73
5.21
- -
- -
- -
- -
- -
- -
- -
- -
- -
Return on Capital (%)
5.22
- -
7.61
7.08
4.8
- -
- -
- -
- -
- -
- -
- -
- -
- -
Return on Common Equity (%)
5.88
-6.08
8.78
8.02
4.76
-0.41
1.67
0.85
2.47
-6.54
-2.55
-3.68
-1.13
- -

Capital Structure

CNY

•

in mil. unless spec.
Jun'25
Dec'25
Jun'26
ST Debt
340
327
331
LT Borrowings
71
89
76
LT Finance Leases
- -
1
1
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
70
70
70
Market Capitalization
156
121
120

Working Capital

CNY

•

in mil. unless spec.
Jun'25
Dec'25
Jun'26
Total Current Assets
609
619
622
Cash, Cash Equivalents & STI
74
59
42
Accounts Receivable, Net
143
161
164
Inventories
347
354
367
Total Current Liabilities
524
508
515
Payables & Accruals
- -
- -
- -
ST Debt
340
327
331
Deferred Revenue
- -
- -
- -

Growth Rates

CNY

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
0.22%
-2.27%
-1.16%
Free Cash Flow
-22.96%
-40.55%
-141.15%
Net Income, GAAP
-96.56%
-51.03%
-70.1%
Sales/Revenue/Turnover
-0.07%
2.54%
-10.12%
Total Cash Common Dividend
- -
- -
- -

Semi-annual Revenue

CNY

•

in mil. unless spec.

Year

H1
H2
FY
2024
- -
- -
688
2025
- -
- -
618
2026
- -
- -
- -

Semi-annual Earnings Per Share

CNY

•

in mil. unless spec.

Year

H1
H2
FY
2024
- -
- -
-0.27
2025
- -
- -
-0.08
2026
- -
- -
- -

Semi-annual Dividends Per Share

CNY

•

in mil. unless spec.

Year

H1
H2
FY
2024
- -
- -
- -
2025
- -
- -
- -
2026
- -
- -
- -

Company Description

CEO
Shun Ming Pan
Full Time Employees
3,914
Sector
Process industries
Industry
Containers/Packaging
Address
Singapore Singapore
IPO Date
Nov 22, 2004
Business
Southern Packaging Group Limited is an investment holding company that specializes in the design, development, manufacture, and sale of flexible and rigid plastic packaging products. Founded in 1981 and headquartered in Foshan, Guangdong Province, People's Republic of China, with its corporate listing maintained on the Singapore Exchange (SGX: BQP), the company operates primarily through two core business segments: Flexible Packaging and Rigid Packaging. The Flexible Packaging segment manufactures and supplies multi-layer composite packaging materials, including laminated plastic film rolls; high-barrier retort and vacuum pouches; stand-up and zipper pouches; aluminum foil packaging bags; shrink films; and customized printed sleeves and labels designed for food, beverages, medical supplies, pharmaceuticals, and daily personal care items. The Rigid Packaging segment produces precision plastic packaging solutions, including polyethylene terephthalate (PET) and high-density polyethylene (HDPE) bottles; sterile medical and pharmaceutical containers; injection-molded packaging; and specialized plastic caps, closures, and dispenser pumps. In addition to core packaging operations, the group engages in selective commercial and residential property development and investment activities through its operating subsidiaries. Southern Packaging Group Limited operates advanced manufacturing facilities across Guangdong and Jiangsu provinces, serving domestic and multinational fast-moving consumer goods (FMCG), food and beverage, and pharmaceutical enterprises throughout the Asia-Pacific region, Europe, and the Americas. In recent operational and strategic developments, the company has focused on expanding its sustainable and eco-friendly product portfolio by implementing solvent-free lamination processes and commercializing fully recyclable mono-material flexible packaging structures to comply with evolving environmental standards. Furthermore, the group has actively optimized its operational footprint and manufacturing automation across its Foshan and Jiangsu production bases, prioritizing capacity reallocation toward high-margin pharmaceutical, medical, and high-barrier food packaging lines to counter raw material cost volatility and strengthen supply chain resilience.