Guangdong New Grand Long Packing Co., Ltd. Class A

Guangdong New Grand Long Packing Co., Ltd. Class A

SSZSE:002836
10.52
CNY
+0.05
(+0.48%)
0.19EPS
49.55P/E
2.13BMarket 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
2.35
1.91
1.7
1.38
1.41
1.46
2.15
1.1
0.65
0.66
0.73
1.64
1.96
1.94
Basic EPS, GAAP
0.48
0.36
0.25
0.26
0.25
0.26
0.13
0.17
0.05
0.37
0.08
0.28
0.19
0.19
Free Cash Flow per Basic Share
0.61
0.26
0.34
0.25
-0.28
0.4
0.41
0.39
0.15
0.03
0.02
0.13
-0.03
- -
Dividend per Share
0.02
0.29
0.25
0.16
0.08
0.21
0.43
0.1
0.22
0.07
0.32
0.1
0.25
- -
Book Value per Share
1.41
1.46
1.47
1.72
1.85
1.9
1.66
1.73
1.57
1.87
1.62
1.61
1.65
1.57
Tangible Book Value per Share
1.3
1.36
1.37
1.64
1.8
1.84
1
1.68
1.53
1.83
1.58
1.56
1.59
1.51
Basic Weighted Avg Shares
144
145
144
195
190
192
197
193
224
227
243
223
222
228
Sales/Revenue/Turnover
339
277
244
268
269
280
423
213
144
150
177
367
435
443
Operating Margin (%)
27.93
25.48
21.57
23.62
22.66
19.19
12.59
12.69
6.21
7.64
11.14
20.14
11.55
10.53
Depreciation Expense
19
19
18
18
18
19
34
20
16
16
13
14
16
- -
Net Income, GAAP
69
52
37
50
48
50
26
32
11
84
19
62
42
42
Effective Tax Rate (%)
26.35
25.72
25.95
23.97
24.44
13.96
23.94
15.83
- -
24.02
17.88
13.07
16.95
15.77
Profit Margin (%)
20.24
18.76
14.99
18.75
17.67
17.66
6.21
15.09
7.74
56.18
10.99
17.03
9.7
9.59
Working Capital
42
69
84
186
159
178
82
207
148
268
213
197
174
134
LT Debt
- -
- -
- -
- -
- -
- -
61
32
- -
1
1
- -
- -
- -
Total Equity
243
253
254
395
427
437
468
399
362
430
373
372
381
361
Return on Invested Capital (%)
26.73
20.57
14.31
14.16
11.22
11.42
5.66
6.52
- -
20.51
4.68
16.61
11.2
11.28
Return on Capital (%)
27.76
20.92
14.43
15.12
11.32
11.47
5.61
7.04
- -
21.19
4.84
16.75
11.21
11.33
Return on Common Equity (%)
33.1
20.92
14.43
15.5
11.57
11.47
6.41
8.22
2.94
21.22
4.85
16.78
11.22
11.34

Capital Structure

CNY

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
- -
- -
- -
LT Borrowings
- -
- -
- -
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
230
230
230
Market Capitalization
3,451
3,140
2,129

Working Capital

CNY

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
372
350
272
Cash, Cash Equivalents & STI
187
189
143
Accounts Receivable, Net
43
59
38
Inventories
110
92
74
Total Current Liabilities
198
163
139
Payables & Accruals
- -
- -
- -
ST Debt
- -
- -
- -
Deferred Revenue
- -
- -
- -

Growth Rates

CNY

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
5.7%
-0.34%
2.32%
Free Cash Flow
-29.07%
33.02%
-122.57%
Net Income, GAAP
71.06%
139.78%
-32.43%
Sales/Revenue/Turnover
13.14%
23.12%
18.59%
Total Cash Common Dividend
65.89%
108.04%
150%

Quarterly Revenue

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
68
85
111
103
367
2025
101
99
- -
109
435
2026
125
110
- -
- -
- -

Quarterly Earnings Per Share

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.05
0.08
0.08
0.07
0.28
2025
0.07
0.07
- -
0.01
0.19
2026
0.07
0.04
- -
- -
- -

Quarterly Dividends Per Share

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
0.1
2025
- -
- -
- -
- -
0.25
2026
- -
- -
- -
- -
- -

Company Description

CEO
Hai Lan Xiao
Full Time Employees
351
Sector
Commercial services
Industry
Commercial printing/Forms
Address
Hongze Industrial Park Chaozhou GD China 521000
IPO Date
Dec 29, 2016
Website
newglp.com
Business
Guangdong New Grand Long Packing Co., Ltd. (002836.SZ), also known as Xinhongze, principally engages in the design, production, and sale of cigarette labels and packaging products. The company offers a range of specialized packaging solutions, including cigarette packs, gift boxes, box packaging, gift packaging, exquisite package printing, and cigarette signs for major tobacco manufacturers such as Liqun, Xiongshi, Modeng, Hongtashan, Longfeng, Shuangxi, Pride, and Taishan. Its operations focus on high-tech research, design, manufacturing, marketing, and service in the packaging sector, primarily serving the tobacco industry with advanced printing technologies and quality certifications including ISO9001, ISO14001, and BS-OHSAS 18001. Founded in March 2006 and headquartered in Chaozhou, Guangdong Province, China, the company operates from a 39,600 square meter facility in a region known for its printing industry capabilities. Guangdong New Grand Long Packing serves domestic markets, particularly provincial tobacco companies in regions like Fujian, Guangdong, and Jilin, and maintains a subsidiary relationship with parent Yize Holdings Co., Ltd. The firm has historically emphasized sustainable development in cigarette packing while pursuing high-quality packaging expansion at home and abroad. In recent developments, the company reported significant financial growth, with 2024 dednon-GAAP net profit surging 297.68% year-over-year, driven by expanded cigarette label business and new provincial tobacco contracts. It announced plans to invest RMB 60 million in production line upgrades to enhance capacity amid rising demand. Additionally, the company passed high-tech enterprise re-certification in December 2024, valid for three years, supporting ongoing R&D and operational improvements, while its controlling shareholder Yize Holdings executed share reductions in line with disclosed plans during periods of stock price volatility in late 2025. Earlier, it entered agreements for stake transactions, including the sale of a 96.5% interest in Shenzhen Xinhongze Packaging Co., Ltd. and an acquisition of a 55.5% stake in Jiangsu Liantong Jiyuan Printing Service Co., Ltd., reflecting strategic portfolio adjustments.